Evening star., 1938-09-11

ment period to close.
william H. Laughlin. chairman Of
the chapters Educational Committee,
last night outlined the classes which
will be part Of this seasons pro-
gram. They include:
Banking I, under the direction of
Eliot H. Thomson, IL. D.. publicity
manager of the Washington Loan &
Trust Co., and William T. Vandoren.
vice president and cashier Of Liberty
National Bank. This course is de-
signed primarily to provide an under
standing Of the practical work in =
bank. Operations are covered in suf-
ficient detail to lay a foundation for
the more advanced courses.
Laws on Faculty.
Law I, under Bolitha J. Laws, as
sociate justice of the District Court.
This course covers all branches of
law pertaining to commerce and
business. More important subjects
covered include: Contracts, agency,
master and servant, partnership, cor
porations, stock transfers, real and
personal property. estates, trusts,
bankruptcy, suretyship and guaranty.
Law II. under Raymond B. Dickey,
IL. B., LII. NJ, dean Of the faculty.
Coprse covers sprosisions oE the Ne.
gotiable Instrument Act. In ofder ia
render efdcient service to . hanks
customers, it Is essential that bank
ers be well grounded in every phase
Of the law OF negotiability.
Economics I, under Norman Z.
ToWson assistant treasurer OF the
Warrington Loan 4 Trust Co. This
course is designed to give the student
Of banking = firm grasp Of the eco
nomic laws basis to sound banking
A supplementary text will be Issued
on theories and problems arising out
of current conditions.
F. ID. I. C. Oncial TO Teach.
Banking II. under Morrison 6. Tuck
ers Of the Federal Deposit Insurance
Corp. This course includes the his
tory and development Of money and
banking. The structure and opera
ton of the Federal Reserve System are
presented IN oetau.
Credits II, under James Daniel
Cushman, c. P. A., dean Of the School
Of Accounting at Columbus University
and an instructor At Georgetown Uni
versity. This course presents in de-
tail methods used in analyzing bal
ance sheets, income statements and
other data, which il properly inter-
preted, reveal the true status of .
borrowers financial affairs.
Banking III, under Ralph Endi-
colt, assistant treasurer of the Wash
ington Loan d Trust Co. This course
in management covers the various
instrumentahties by means of which
a banks operations may be made tc
function smoothly, efficiently and cor.
rectly.
Public speaking. under Elmer Loui,
Kayser, A. B.. A. NJ, dean of university
students, George Washington Univer-
sity. The purpose of this course Is
to develop the ability of effective
speech which Is necessary to business
men and women. Attention will be
0AVCA VRSO, VIC SWuCtOIS, tllS ~
sembling Of materials and the devel.
opment of speeches. A maximum Of
practice will be provided for all stu
dents.
Reserve Study Planned.
The Federal Reserve System and
the money market, under Woodlief
Thomas, PhD.. assistant director, di-
vision Of research and statistics, Board
Of Governors Of the Federal Reserve
System. This course is designed to
give the student an understanding Of
the role Of the Federal Reserve Sys-
TEN in the economic order. It will
include analysis and Interpretation Of
the weekly condition statements of the
Federal Reserve banks, which to-
gether with the Treasury statements,
commercial bank statistics and other
business and financial data will be
used to show the factors affecting bank
reserves, and the expansion or con-
traction Of credit.