Evening star., 1935-09-01

A. i. b. Committee Appointed.
j. Earl McGeary, president, Wash
ington Chapter. American Institute Of
Banking. announced yesterday the ap-
pointment of the Educational Com
mittee for the coming session, Edward
M. Blaiklock, Washington Loan &
Trust Co., being named chairman.
Serving with Mr.. Blaiklock will be:
Walton L. Sanderson, vice chair
man, Hamilton National Bank: Kath-
arine w. McCalmont, secretary, w. B.
Hibbs & Co.; Audrey o. Dooley, Ham
ilton National; George B. Earnshaw,
National Metropolitan; Joseph R..
Fitzpatrick, Second National; Con-
stance B. Fogle, Riggs National; B.
Bruce FrantZ. American Security e.
Trust Co.: Robert H. Lacey. Columbia
National; William H Laughlin, Wash
ington Loan & Trust Co.; T. Hunton
Leith, Security Savings g. CONNER
cial: Myrtle P. Lewis, Liberty Ma
tional; Richard A. Norris, Lincoln Ma
tional: Frank M. Perley, American
SECURITY & Trust Co.; Robert NJ Poole,
Riggs National; Francis E. Robey,
Bank of Commerce & Savings; Paul
j. Seltzer, American Security & Trust
CO.. James A. Soper, Lincoln National;
Vivian E. Stokes, Hamilton National,
and Robert G. Whitton, First Ma
tional Bank of Alexandria. Va.
Mr.. Blaiklock has been associated
with banking activities for number
of years, having been with the Wash
ington Loan & Trust Co. for the
past 10 years. He started working in
the A. I. B. in 1926 and received his
standard certificate in 1929 Last
year he served as chairman of the
Entertainment Committee. He was
born in England and attended school
there.
The Educational Committee is one
of the most important committees of
the A. I. B., its duties being to de-
eide the policy of the school, select
classes and instructors, secure enroll
ments and to give a general super
vision to the work.
During the Fall term courses will
be offered in bank organization and
operation, negotiable instruments,
money and banking, analysis OF finan-
cial statements. trust business (sec-
onO and current monetary prob
lens. These courses will be offered
beginning in the week of September
%, with the exception of current
monetary problems, which will not
start until mid-October This latter
course is an addition to the insti-
tute's curriculum.
The Spring term will offer COM
mercial law, economics, credit man.
agement, bank management. and will
probably offer one advanced course to
be announced later
Beane Sees Cotton Benefits.
Describing the new cotton loan bill
as entirely different from its prede-
cessor, A. c. Beane, senior partner
OF Fenner & Beane. stated yesterday
that the effects Of the new bill should
be to prevent serious declines in cot
ton prices and enable American cot
ton growers to recapture much of the
export business that was lost under
former Government policies. The
new plan, according to Mr.. Beane, is
the most constructive move to tighten
the weight of Government control
since the original loan plan of two
years ago. American cotton at 10
cents per pound, in his opinion, is
relatively as cheap or cheaper than
any other cotton in the world.
Last years l2-cent loan, being
above world prices, did not function
rs a loan Dut as a purchase" Mr..
Beane continued. This years loan
Of 10 cents should have the same sta
bilizing effect on price movements,
but at the some time, being in line
with world prices, should allow Amer
ican cotton to sell freely in world
markets in competition with other
growths. AS a consequence, cotton
exports should be much larger than
during the past year."