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Show BANKERS iEET Recommend Indorsement of Stevens Bill When Convention Conven-tion Assembles Tuesday. DISCUSS VARIOUS LAWS AFFECTING RANKING Already Atlantic City and Other Regular Convention Places Are Lobbying. I.OS ANGELES, Oct. 3. Delegates to the thirty-sixth annual convention of the American Bankers association got down lo real business today In tho meetings of seventeen committees, whero questions to the convention, which begins tomorrow, tomor-row, were taken up and discussed. Tho meetings were held for the purpose pur-pose of clearing the decks for action and preparing tilings that the action of the convention on all-Important topics and questions of remedial legislation governing govern-ing banks and bankers throughout tho country, might be taken up quickly and disposed of in short order. With seventeen Important committee meetings In progress at practically the same hour at tho Alexandria hotel and the Auditorium, General Secretary Fred E Farnsworlb was a busy man. Ke-norts Ke-norts of the meetings of iheso committees commit-tees which wero held in executlvo ?es-slon ?es-slon were made to the general secretary In to " In the day, hut the recommendations will not be made public until the convention con-vention convenes tomorrow morning, and theso recommendations may be greatly altered by the convention Hsclf. Important mutter to bo considered at the meetings of Hie various committees hold today wore: Fidelity bonds and burglary insurance,' express companies and money orders, blll'j of lading, standing law. savings b-uik laws, false, statements, forma tor national and state banks, currency commissions com-missions and a federal legislative committee. com-mittee. To Indorse 5tcvcu3 Bill. Great Interest attached lo tho meting of the bills of lading committee, which will rcrommend that the convent Ion Indorse In-dorse thtf Stevens bill, which paj-acd the house at the. last session of congress. This bill makes It obligatory upon tho c- rrlers to stand behind every bill -of hiding Issued. U Is believed that this will compel tho railroads or other com-nioii com-nioii carrier.-, to ho guard shipments that iiiii -or of frauds on financial Institutions bv forged and worthless blll3 will be al-moot al-moot entirely eliminated. nolouateB to the convention, numbering nearly 1H0. have already registered at l e'i Iomirloni. and It is estimated Ihat nil v 1500 relatives and friends of the vl'd'tlng bankers are also In the city to ituend tho convention. 'J o morrow mornln- at 10 o'clock tho convention will be called to order by rrc.'fldent Lewis IS. Plcrson. Lobbying for Next Mooting. Although InvltaUoi.H of rival elllcsj for the convention of next year will nut ho urosentcd to the convention until next Mil" "et a vlgoroua light Is nlreudy on hv deic-Rates from Atlantic City. New rirle-iii'i Han Antonio. Texas and Richmond Rich-mond 'Vo. Lobbying of tho most approved ap-proved type is In progress among the finlpeates. and champions of tho various cUles sVrlving for the honor of the 1 Oil convention arc making their bi-al efforts to capture the convention. Heretofore the association lias inadu It !L nrictieo of deferring the aoloe.tion of next meeting place lo the executive coun-.1 coun-.1 nnd the announcement uoually has not been made until the month of May fol- Coniiuued on i'ago Two. BANKERS MEET IN COMMITTEES Continued from Page One. lowing tho meeting. But the competition Is eo keen this year that It Is probable thai a selection will bo made at the convention con-vention next Trlday. Tonight tho members of tho c.vocutlvc council of the American Bankers association asso-ciation and heads of various committees were entertained at an elaborate banquet at the Alexandria hotel. The menu was In the form of a government bond, with engraved coupons calling for each course. Among the speakers at the banquet were; Lee McClung, treasurer of the United States: Rev. Robert J. Burdotto, Lewis E. Piorson and Charles 11. Nutting. Nut-ting. At the meeting of the executive council Ibis afternoon, E. W. Mott of Oswego, N. Y., presented his resignation and the vacancy on the council was filled by the election of II. W. Smith, president of th Ktjckvlllo Center, N. Y., bank. Mr. Mott resigned to accept the presidency of the New York State Bankers association. |