Evening star., 1938-02-20
EDUCATION DRIVE
ED0NBANKERS
1000 Attend Banquet Here
of Observation-Disclosures
Are Present.

are present.
Addressing more than q thousand
members and guests OF Washington
Chapter, American Institute of Bank
ing, at the $50 annual banquet at the
willard Hetel last evening, Frank r.
Curda of Chicago, president of the
national organization, declared that
education now occupies the limelight
in the banking field and urged ON
cials In all banks to acquaint the pub
ic more fully with what the banks
are doing and how they are doing it.
There can be no improvement in the
objectives Of banking, he said. Safety
and service will always be the two
greatest aims. and they will be OBJ
tanned by successful bank manage
ment. Sound banking calls for high
qualities of integrity. dependability,
originality, judgment and courage,
supported by knowledge and expert
ence.
In these days Of specialization, he
added. there must be systematic study
Of theory. practice and management,
the kind of guidance which has been
onered by the American Institute OF
Banking for nearly 40 years.
Stonier Speaks.
Harold Stonier. executive manager
OF the American Bankers Association
and national educational director of
the institute, the other guest speaker,
was greeted with vigorous applause
He devoted part of his address to
the importance of the institutes edu-
cational work as carried on by the
chapters and at the Graduate School
Of Banking at Rutgers University.
The attendance of 1923 broke all
institute records and tested the hotels
seating capacity. It was one Of the
largest banquet gatherings ever held
IN the Capital by any organization.
Many high Government officials, bank
presidents and other prominent flnan-
ciers were among the guests William
H. LAughlin. president of Washington
Chapter. presided at the dinner. Dur
ing tho evening he presented Paul j.
seltser, head Of the chapter last year,
with handsome gold watch as a gift
from his associates.
Special Guests.
Among the special guests present
were John K. Mckee. NJ. S. Szymczak
and Chester A. Davis. governors of
the Federal Reserve Board; Marshall
r. Diggs. acting controller OF the cur
rency; e. H. Cough and G. j. Oppe-
gard, deputy controllers Of the cur
rency; Daniel w. Bell. acting director
OF the budget; Charles H. Henderson,
Howard j. Klossner and Emil Schram,
directors of the Reconstruction FL
nance Corp: Hugh Leach. president
Of the Federal Reserve Bank of Rich
mond; l.. E. Birdsell, general counsel,
Federal Deposit Insurance Corp; Wal
ter Wyatt, general counsel, Federal
Reserve System; c. B. Upham. assist
ant to the Secretary of the Treasury;
Francis G. Brown, general counsel,
Reconstruction Finance Corp; Ches-
ter Morrill,. secretary. Federal Reserve
Board; D. j. Needham. general coun-
sci. American Bankers Association;
Thomas j, Groom. president, District
Of Columbia Bankers Association; H.
H. Mckee, chairman. District of Co.
lumbia Clearing House Association:
Bolitha j. Laws. president, District of
Columbia Bar Association; Edward F.
Colladay, president. Washington Board
OF Trade; Frank j. Hogan, general
counsel, District of Columbia Bankers
Association
Floor Show Presented.
The program concluded with an
elaborate floor show and dancing, the
Junior bankers and their guests being
glad to forget for time such weighty
matters as bank credit. dearth of
loans, low interest, bond and stock
quotations, service charges and the
drive for more cordial relations with
the public and host of others.
Robert H. Lacey was general chair
man OF the Banquet Committee, As
sisted by T. Hunton Leith, Richard
A. Norris. I. j. Roberts, Walton L.
sanderson. Margaret P. Hayden and
John M. Christie.
Chairmen of the subcommittee
were Raymond L. Jones, Alice H
Whitton. Francis E. Robey, @. Elmer
Father, Frank M. Perley. Paul !
eeltzer. G. M. Rowzee, jr.; Aubrey o.
Dooley, j. Earle McGeary and Myrtie
P. Lewis.