Evening star., 1937-09-18

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and 200 women will attend this year
dinner, setting a new attendanc,
record. President Thomas j. Groom
of the District Bankers Association
and the board of governors of Wash.
kngton Chapter will be special guests
Dean Raymond B. Dickey, repre-.
senting the faculty, will speak on The
advantages offered by institute courses
William H. Laughlin, chapter presi-
dent, will bring greetings, and Paul J
Seltzer, educational chairman, vii
outline the 1878 courses.
Miss Akin, the guest speaker, is the
frst Southern woman to be appointed
to her present position, which she
has held since 1888; also the first
woman admitted to the bar in Savan-
nah, Ga, as we'll as the first woman
lawyer to address the Georgia Bal
Association. 1t will be her second
address before women in the Insti-
tute of Banking.
Angas Considers War Unlikely.
Having just returned from Europe
Mai. l.. L. B. Angas, student of in
vestments, has sent The Star his i'm
pressions of the war talk and situa-
tion abroad:
There seems little chance of war
inside Europe. The Spanish con-
fiict seems we'll localized France has
no reason to become aggressive. Nor
England.
Germany may want more colonies
and may wish to recapture Alsace-
Lorraine; but to obtain more colonies
would require attacking England, for
which she is not prepared at sea; and
II Alsace were attacked since Russia
might join France a land offensive
by Germany is not probable. Ger
many, moreover, is not yet we'll armed.
Italy having had one war is un-
likely to want another just yet. par
tioularly as she has to shoulder the
expense OF colonizing Ethiopia.
Europe is certainly an armed camp,
or rather an arming camp, but prob
ably Britain's bold rearmament pol
ICY as yet only one-fourth completed,
will tend to check the dictatorial
countries from open acts of aggres-
sion.
1T Is, moreover, doubtful if war
would be politically popular even in
the dictatorial states, as there is not
~ = large enough preponderance Of
males In political power who did not
personally experience the horrors of
ths last war"
Referring to the American stock
market, Maj. Angas believes that the
money managers" can and will 'do
as much for the market on the upside
rs they did last March on the down.
side"
Pitman Morris Plan President.
Ralph w. Pitman, president of the
Morris Plan Co., Philadelphia, was
elected president of the Morris Plan
Bankers Association at the Colorado
Springs convention, it was reported
here today.
Other officers chosen were James
r. Fain, head of the Morris Plan
Bank, Winston Salem, and Harry E.
Pratt, Cedar Rapids, Iowa, vice pres
idents, and Joseph E. Birnie, Richmod,
Va, executive secretary and treas
urer.
Willard G. Barker, president OF the
Morris Plan Bank here, was one of
the delegates and on the Convention
Program Committee.
Two Washingtonians to Speak.
Principal guest speakers who will
address the twenty-fourth annual
convention of the Mortgage Bankers
Association of America, October 13,
"a and is, in Cleveland were an
nounced today by James w. Collins,
association president, and include
Carroll B. Merriam, director of the
Reconstruction Finance Corp. :;
Charles F. Williams, president of the
Western dz Southern Life Insurance
Go. Of Cincinnati; Gov. William I.
Myers Of the Farm Credit Admins
tration, and Henry Bruere. president
of the Bowery Savings Bank of New
York City.
Gov. Myers will address the con-
vention on the opening day, speaking
on "Co-operative Credit: How II Is
Operating" Mr.. Merriam will speak
on What OF Our Stewardship"
Neal North Carolina Banker.
William H. Neal, elected president
OF the Financial Advertisers Associa-
ton at Syracuse, is vice president OF
the Wachovia Bank g. Trust Co, Win
ston-Salen, N. c. He was born at
Charlotte, N. c., December 19, 1896
and attended Davidson College. Mr.
Meals first banking experience was
with the Charlotte National Bank
For five years he served as secretary
treasurer of the Charlotte Clearing
House Association and was one OF the
organizers and the first president ot
the Charlotte Chapter of the Ameri-
can Institute of Banking.
Heard in Financial District.
The Pennsylvania Railroad reports
Tor the first seven months OF this yeal
net income equal TO sl20 share
(par $500 in comparison with sl24
. share in the first seven months o.
1896.
S. William Miller, treasurer of ths
Union Trust Co, is planning to TAX,
the boat trip with the Virginia bank
ers to the A. b. A. convention il
Boston next month.
Robert l.. Flather, American Sc
surity & Trust Co, has returned from
the Financial Advertisers Convention
at Syracuse.
A practical training course dealing
with the problems of selling, installing
and seryicing air conditioning equip
nnent will be sponsored by Fairbanks
Morse d. Co. at the company's plan
In Beloit, Wis, during October. Grad
yates of colleges, technical school
and high schools who want 10 Fl
themselves for work in the rapid
expanding air conditioning field ar
Ali~ih1o IN tor