Evening star., 1935-12-02


One of his friends humorously said
today that it looks as if he was going
to make good"
Starting at the bottom Of the bank
ing ladder he soon began to climb,
being assigned new duties which put
him in close touch with all depart
ments of the bank. An expert note
teller for years he was made assistant
cashier in 1908.
In 1917 Mr.. Starkey was elected
first vice president and in 1922 was
moved up to the presidency when his
old friend. Clarence F. Norment, be-
came chairman of the board.
q Mr.. Starkey was born and reared
m Washington, belongs to the Cham
Der OF Commerce and other similar
organizations and is consulted great
deal for business advice. He is well
known in the banking district as a
member of the Executive Committee
OF the Washington Clearing House
Association.
CahiH Joins Laidlaw Staff.
Robert F. Cahill, who has been con-
nected with the brokerage flrm OF
J. S. Bache & Co., in the washington
Hotel has become associated with
Laidlaw g. Co., New York Stock Ex-
change firm, with offices at 727 Fiji
teenth street, G. Bowie Chapman an
nounced today.
Mr.. Cahiu is the son of the late
James R. Cahill, former vice president
of the Commercial National Bank OF
Washington, and son-in-law of Joseph
P. Tumulty, secretary to the late Pres
ident Woodrow Wilson.
He was educated in Washington
public schools and was graduated from
Emerson Institute, Washington; at
tended Lehigh University and was
graduated from Catholic University OF
Washington. He served in the Infan-
try Officers' Training School at Camp
Gordon, Ca, during the World War.
He was employed in the public
utility department of the General
Electric Co. and at one time managed
his own real estate and building busi-
ness. Mr.. Cahill is member of the
Chevy Chase Club, of the Knights OF
Columbus and of the Delta Tau Delta
Fraternity.
A. B. A. Sees Big Gains.
The American Bankers Association
today made this forecast:
Current trade developments con-
tain clear promise that the Christ
mas season this year will compare
Tn lie
already here, in spirit at least, and
It's effects thus far have been seduc-
lively pleasant
Late Fall and Winter business,
accordingly, starts upon a firm
foundation. 1t faces just enough un-
certainty and difficulty to temper its
enthusiasm and hold it to a steady
course. Some of its prospects depend
upon artificial aids which can hardly
be dispensed with at once without
disaster but, as improvement con-
tinues these aids can and doubtless
will be gradually withdrawn. There
is no action or condition in sight
which further threatens the we'll
being of banking and finance. Busi-
ness. banking, finance, industry-all
national activities-are on the way
up. There is confidence that the
breathing spell decreed on September
6 will continue for some time.
There Is abundant evidence that
business in general no longer expects.
hopes for or desires the complete
elimination of controls at this time.
What the average business man wants
and will insist upon in due course
Is a moderation of restrictions.
"The demand for a balanced Fed
eral budget is virtually universal
among business men, but few of the
latter are willing to press the matter
% far as to cut OF necessary mem-
ployment relief. They realize the i'm
practicability of such course at this
time both because Of its sociological
effects and its reaction upon business"