The Washington times., 1934-04-16

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O certain liquor
selling estab- Dunbar Hare
GShment in the immediate vicin-
ity, and check up on employees
Of the organization who enter.
Undoubtedly those reported will
be cenSured-poSSibly discharged.
We learn that the Home Loan
Board has decided to abandon
all press conferences for the
present. Some say that it is be-
cause the board has completed
all its preliminary work and is
now waiting for new fields to
conquer.
Francis G. Addison, president
Of the Security Savings and
Commercial Bank, and president
OF the Better Business Bureau,
announces that within the next
few days there will be a mass
meeting Of investment bankers,
bankers, business men and the
public to acquaint business and
public alike with the NRA code
fair competition for investment
banking.
Mr.. Addison explains that the
code becomes effective on April
23, that it contains drastic pro-
visions for elimination of cut
throat competition in the invest
nent banking business, and also
gives the public extra protec-
ton.
In addition, Mr.. Addison said
that the decision to sponsor the
mass meeting has the approval
Of the executive committee of
the bureau. He expresses the
hope that the code will aid the
bureau in putting over its "Be-
fore You Invest-1nvestigate" pro-
gram.
Louis Rothschild, director of
the bureau, is assisting Mr.. Ad-
olson, as is Y. E. Booker, Of
z. E. Booker and Company.
MIR. Booker hates publicity, but
It's only fair to say that he is
acting in a dual role. He's not
only representing the Investment
Bankers Association of America,
but also is treasurer Of the
Better Business Bureau.
Mr.. Addison promises that full
details as to the meeting will be
conveyed as soon as formulated.
Richard A. Norris, assistant
cashier nf the Lincoln National
Bank, proudly displayed a new
watch today. He had the right
to be proud, as most bankers
agree, because it was the gift
of the washington Chapter Of
the American Institute OF Bank
ing.
Mr.. Norris was president of
the chapter during 1928, and
the gift was in appreciation OF
his able services. At least that's
what Robert H. Lacey, cashier OF
Columbia National Bank and
present president Of the organl'
Zation, said when he passed IL
over.
The presentation was made SAT-
urday night at the spring open
meeting of the institute in the ball
room Of the United States Cham
ber Of Commerce Building. There
were only 400 persons present at
the affair, but yesterday many
more persons saw the gift and
even more had to admire it today.
We, too, extend our congratula-
tions to Mr., Norris, and hope that
the watch keeps time and the
Treasury Department won't confls-
cate it to build up the Nations
gold reserve.
There's no doubt but that Bar
mum L. Cotton, Of the National
Savings and Trust Company, is in
for a bad time. He is chairman OF
the transportation committee OF
the District of Columbia Bankers
Association which is holding its
annual convention late in May at
White Sulphur Springs.
Mr.. Cotton, however. will be
given able support by his fellow
committeeman. They are: Archi-
bald McLachlen, Of the McLachlen
Banking Corporation, who is vice
chairman; James c. Dulin, jr., Of
the American Security & Trust
Co.; w. w. NARROW, Of the Second
National Bank; Richard A. Norris,
of Lincoln National Bank, and M.
v. Simmons, Of Liberty National
Bank.
That they have a tough job in
store is vouched for by Eliot H.
Thomson, press agent for the as
Aociation. According to Mr.. Thorn
son, Mr.. Cotton and his hench'
men have the onerous-that'S the
press agents word-duties Of ar
ranging for special train, as
Signment of berthS, movement OF
baggage and receipt of registra-
ton.
z. C. Baltz, of the Perpetual
Building Association, is great
motor boat enthusiast, but he re
fuses to get away from home on
Saturday nights to attend meet
ings. There was a big meet last
Saturday night in Baltimore to
lay plans for the Maryland and
District regatta season, but Mr.
BaltG was not among those pres
ent, His friends say he never has
4ttAnded q meeting on Saturday
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