| Show BANKERS FAVOR PREPAREDNESS I Universal Military Training 9 Advocated by Lynch and BANK PROFITS SMALL ALL r I Service Charge on Small Smail Depositors Depositors' Dc- Dc Accounts Account Urged as One Remedy I Kansas City Mo Ma Sept pt Advocacy S of or universal military training In this country countr and greater s participation in national state and municipal politics wore were urged hero to today a. a b by speakers be before be- be toro fore the tho American Bankers Bankers' as ocla- ocla tion Uon Military service fo toP for all y young ying m men n was rc-as declared n s n b by Ja Jane nes J J. J l. l Lynch of ot San Francisco c ci Cf the tho Frank Frnnk A A. Vander ander lip lip- lipot of ot Now New York Mr Ir Lynch preparedness was S necessary because e we wc are today the most tempting prize under tho the blue c canopy of or heaven hea Mr Ir declared it to bo be the surest sure t insurance of or peace Ills In politics through which demagogues dem lein Iema Iem- Iem a and ward h heelers elers have Jou n Into city councils state 1 legislatures and even en Congress are arc Juo to the negligence of bankers and other cosi cosiness ul- ul ne ness mon men men the ton was told fold ay y I Mayor George H. H Ld f of It CI City ty Propose LIe Lite Stock Inquiry Congressional investigation of tf the live stock Industry Including production tion Uon marketing slaughter u ll and distribution distribution distri distri- button and salo of all nIl cattle was asK d d dIn In a resolution presented b by George eor eorge c cB l TV B Webb ebb of San Angelo Texas Ad Action Ion was deferred until tomorrow We Yo 9 c face the alarming fact tact that for tor twenty years e rs the production of or cattle attic has not kept pace with the Increase of or population but has decreased Il n i num- num der It reads read With of ot acres acre o of virgin In land nd being brought annually annually an an- under the tho plow wo have re reduced reduced reduced re- re our annual average e production r tn tf n fl npr nr tnt nn IC r ing s- s st t today d l less tha s-s-tha- than half bait ir ih the average pr e per acre acro of farms Tills This while yet et our nation Is in Its Infancy Despite tho the pr present tnt prosperity characterized char Chir- as ho cho tho the country has ever er known bankers are Lre making i less profits than at an any time within tho the last twenty years rears Joseph Chapman I of Minneapolis declared Minimum rates rate of or interest ar are being eln paid Mr Ir Chapman said aid althou although h the bankers themselves are arc being charged chars the tho maximum for tor the mone money being being- loaned A service charge on small depositors depositors' accounts was among the things recommended mended b by him to increase the tho profit account Mr Ir Chapman also recommended recommended recommended mended consolidation of ot the office of or comptroller of the currency and the federal reserve board The reserve act has demonstrated that I It t. t is workable he I It t will make mone money cheap and plentiful D Demand l In Pay a for Clearance The Tho fight of ot the coun country bankers hankers against the tho collection and clearance of ot checks without charge recently pro pro- b by the federal reserve resene system ITS ITS- t tem m was aided ed b by adoption of or a res- res asking amendment of ot the tho re reserve reserve re re-I serve act so as as' as to permit small banks to to charge on their clearances v Th Tha discontinuance of the tho use of ot gold s currency except as reserves on which federal reserve resen-e notes not mIght be issued 1 was wa a advocated by W W. P P. G G. Harding governor s of or the reserve S tem tern who made a short address lie He I urged cautious c. ba banking methods to Uto avoid old inflation of or the currency and cred credit It 4 The nominating committee which met lato late today will recommend the election as new officers rs tomorrow according according ac- ac cording to an announcement of ot P P. V. V Goebel Gocbel of or Kansas City Kan present vice vicc president for tor president and C C. A A. c Z Cincinnati ax as vice president Goebel was unopposed a aa tho the successor suc sac cessor of President J. J K Lynch of San Francisco A formal reception for tor the visitors rs was Teas held at convention hall tonight ht Crime t Rank flunks Reduced 1 Crimes banks bank represented In the American Bankers' Bankers association during the past year have shown no marked increase according to the an annual annual an- an nual report of or the protective department depart art ment at the convention of or tho the association association tion here hero toda today and It was further shown hown that a la large e proportion of or the thin burglaries and similar crimes proved unsuccessful For tho the period from August Aus 1 I 1915 to September 1 I this year there was a. a total of ot arrests and con- con The report notes that the tho losses sustained b by members In connection con con- I with willi burglaries burg amounted only to while the loss sustained by nonmembers m rs amounted t to tb more than Through thirty-five thirty ups hold-ups however howe there was a loss to members of and through nine sneak thefts a a. loss loos of or The Tho department department depart depart- ment now hOW has 1720 HO photographs photograph of criminals comprising bur burglars holdI holdup holdup hold- hold I up men sn sneak thieves forgers rid and nd |
