The Washington times., 1934-02-16


in the financial I'M #
field, however.
say it's true.
and that the
meeting is in
connection with -
the AdminiStra- Dunbar Hare
ton bill to regulate stock and
commodity exchanges. hearings on
which are under way before the
Senate Banking and Currency
Committee. Naturally, it's sup
posed, the meeting is a protest
one.
william F. Ham, president Of
the Washington Railway and
Electric Company, Is particularly
proud of an item Of his annual
report which so far no one has
noted. It is:
Employees of the Potomac
Electric Power Company and
other subsidiaries as Of the
close of 1888 numbered 1904,
an increase Of 24S over those
employed at the end Of 1882.
The total payroll for 1888 was
S2,941,475, an increase Of $685.
4S1. These increases resulted IN
part from cOnfOrmance with the
temporary code Of the electric
light and power industry under
terms of the national recovery
act, most of the underlying re-
Quirements Of which were prev1-
OuSly in effect as established
policies"
Ferry Heath, manager Of Har-
riman & Company, Is IN M1chl-
gan for a few days-on a visit.
Judge r. c. Milliken, author
of proposal to reform the
present system of credit report
ing, is a born crusader. His plan
seems doomed because Of the
cost it would entail at this time.
However, it is based on one
that he followed many, many
years ago when a boy; when he
was helping a brother operate a
mercantile establishment in the
DAYS when there were no banks
in that vast acreage and all busi-
ness was done on exchange notes.
Says Judge Milliken:
'In those days you could tell
whether another business man
had credit or whether he was
all bluff"
And by the way, the judge
wants to know the names OF the
bankers who opposed his plan
submitted to the Commerce De
partment. He says he confounded
all bankers present with his ques-
tions but could not ascertain
their identity. Were you there,
Mr.. Banker?
Edward (Eddie) Becker, asso-
ciated with Robert C. Jones and
Company, is quite a man about
town and has the reputation OF
being one of the greatest ladies'
men in financial circles. He also
is said to have aspirations to be-
come a great bridge player. but
those who know say he just can't
make it.
They tell a story on Mr.. Becker.
They say he took one OF his lady
friends down to the Union Sta
ton. She was bound for Miami.
He was so busy telling her good
by, the train started off with him
stiIl aboard. And, they say, ne
had difficulty getting off, since
it was one of those fast choo-
choos-the Miami Special.
Victor B. Deyber, one Of our bet
: ter known bankers, since he's
president of Second National
Bank and the Washington Clear
ing House, is another one Of the
Washington financia ! men who
never know anything" when
they are asked:
What's the news today?"
We dropped in on Mr.. Deyber
the other day, and after many
efforts contacted him. We in
troduced ourselves, but he did
not seem to have a glimmer OF
recognition of who we were, but
gave us that very bankiSh stare
which seems to be Stereotyped for
people who want to renew a note.
He refused to unbend after we
explained our mission or to tell
us about anybody. So we told
him what Chris j. Gockeler, as
sistant vice president Of Ham1l-
ton National had said. Mr.. Cock
4 eler, asked the latter part Of that
queStion, replied:
I'm not going to tell you
tanything about myself because
II 1 do somebody's liable to tell
you something about me-"
Mr.. Deyber answered that with
this:
"That's a very gentlemanly
viewpoint"
J. F.. T. O'Connor, comptroller
of the currency, comes out with
the startling statement that of the
$50 unlicensed national banks in
&TxYN