Evening star., 1938-09-17
A. |. B. PROGRAM
DECLARED VITAL
Commencement Speakers
Say Training Essential
for Bank Careers.
By DONALD b. HADLEY.

for Bank Careers.
BY DONALD b. HADLEY.
Although financial institutions pos.
sess valuable and material assets. none
Is Of greater value than the privilege
Of having in their employe those who
have taken advantage of the oppor.
tunities offered by the American Insti.
tute of Banking.
This was the message of Maurice D
Rosenberg, president of the Bank OF
Commerce & Savings and past presi-
dent of the District Bankers Associa-
ton, before the annual commence
ment exercises Of the institute at the
Willard Hotel last night.
AT no time in the history OF
banking" stated the speaker, has
there existed greater necessity for
mastering the constructive knowledge
and the preparation for sound banking
than at present. We need look only
at chaotic conditions in foreign coun-
tries. through which our own eco
nomic structure might become sub
stantially impaired, to understand
this"
Changing conditions within our own
country also make 1t necessary for
bankers to be thoroughly trained, the
speaker said. He pointed to the vast
number of new laws designed to raise
the standard of banking and cure
economic evils, and mentioned in
fation, taxation, budgets, the ad-
vancement of labor and agricultural
and industrial changes as among the
important problems which the banker
must study.
The American Institute of Banking
Is meeting this need for thorough
training, he added. 1t is carrying
forward its educational program among
approximately $4,000 members in
237 chapters. He especially praised
Washington chapter with its $50 mem
bers, and reviewed its outstanding
record. He pointed to the interest
and cooperative spirit of the District
Bankers Association, which has ac-
lively sponsored the chapter since its
organization.
Hoskinson Praises Work.
Hilleary G. Hoskinson, president of
the Bankers Association, brought
greetings Of the association and COM
mended institute officials on their pro-
gram for the coming season. which
starts with classes Monday To the
Is graduates of last seasons courses,
who we're present to receive certificates,
the association president added:
L realize that the completion of
these courses represents many sac
rif1ces, and the substitution of hard
work and study, in classroom and at
home. for the normally tempting pur-
suits of pleasure. But you will find
In the years ahead, I believe, that
sou have made sound investment.
Whether you remain in banking or
choose some other career, handsome
dividends in progress in your chosen
field of endeavor inevitably must be
In store for you.
If there Is in the audience here
tonight any one who is undecided
about the value of pursuing further
specialized study in the graduate
courses offered by the institute, let
me urge you to do so. In this age
OF competition and changing condi-
tions, especially notable in the bank
ing business, only the man or wom-
an who keeps everlastingly at the
Job of adding to his or her informa-
ton on all related subjects and keeps
abreast of the trends and rules gov
erning the business, can hope to sue
ceed and stay in the forefront of the
banking profession"
Faculty Dean Speaks.
Raymond B. Dickey. dean of the
faculty, also outlined the educational
program of the institute and stressed
Its need. Joseph R. Fitzpatrick pres
ident Of Washington chapter. pre-
sided at the exercises. In addition to
the presentation of certificates to Is
standard graduates and 90 pre-stand-
ard graduates prizes donated by the
Clearing House Association and the
Charles J. Bell Memorial Fund were
awarded.
Among standard graduates, holders
of the three highest averages were:
First prize, Robert A. Morgan, Nc
Lachlen Banking Corp: second, Will
mer A. Eisenhart, United States Treas
ury Department; third, Paul Fako,
Postal Savings.
Among pre-standard graduates,
holders of the three highest averages,
were: First, Dorothy Werner, Hamil-
ton National; second, Joseph Lough-
ran, Riggs National; third, Elizabeth
Ammons, Riggs National.
The prize donated by the Bank
Women's Club to the standard woman
graduate with the highest average was
presented to Alva A. Patten, r. F. c.
Certificates Awarded.
Chapter members awarded standard
certificates included John NJ Christie,
Riggs National; Jerome w. Corbett,
Wilfred R. Dagan, William NJ Nc
Clure and Robert A. Morgan, McLach-
len Banking Corp; Leona E. Draeger,
w. Howell Levi and Alton c. McAllis-
ter, Washington Loan & Trust; York
D. Hollingsworth and J. Conway Hunt
of American Security &, Trust; George
NJ Rowzee, jr., Lincoln National: Will
mer A. Elsenhart, Treasury; Paul Fako,
Postal Savings, AlVa A. Patten, r. F..
c.: Donald W, Larson, District of Co.
lumhia Bankers Association, and
Thomas Rosewag, Prince Georges Bank
&, Trust.
Chapter members awarded pre-
standard certificates included Aileen
Allen. Walter Charles Doe and w.
Raymond Wannall of American Sc
curity g. Trust; Elizabeth Ammons,
John NJ Christie, Charles Dexter, jr.;
Charles " Dunmire, Richard E. Ham
ilton, William w. Klee. Joseph Lough-
ran and Robert M. Varnum of Riggs
National; William A. Barnes and Ver-
non w. Hill of Security Savings &
Commercial; Joseph Berry, Robert
Butterworth, oJseph A. Gibson and