Show tUBE OF f UT UTAH AU lIDS PROMISE BANKERS THINK t F. a. a a I Is S L Looking 00 k T To 0 est est For Development Says Newton fiNS KINS HAS PRAISE ii Federal R Reserve serve IF en Men Are Lauded rapId advancement of the In- In hi region during the past and the anticipated de- de of the then I n na a t U ural r a 1 reN re- re N sources in the 5 future were reS re- re S f. f for the construction of r. r the new Salt J Lake branch of N the Federal Re- Re serce bank bant of I Sa San n the theL was rw L t. t a 0 fl 11 g of r 0 opinion pIn Ion ex- ex Ii pressed by the x principal speakers speak speak- I ers at the banquet banz ban ban- z held at the Hotel Hate Utah Sat Sat- J. J CALKINS night In Int t on with the formal opening MW Salt Lake bank building ers of the Twelfth dis- dis the the- local branch and nearly from flom Utah eastern Ne- Ne Idaho were pres- pres l quarter one of oC the area States is included In district which extends anada ada on onith ith th to on the thed thea a d from the he Pa Pa- fr coast 3 vt 1 Reserve ISAAC NEWTON b the Salt Lake branch Jo an Important part of this mp re The people of the V vt are r now looking westward westwardS S he and there Is ahead for the en- en m All of the terrItory in strict is one great unit and should work cooper cooper- w wIth lh the others ins Calk governor of the I R serve bank of San ran Fran pra praised sed the officers o of the ank and the members of trIet for the excellent work h has been accomplished He Heth th set of men In charge rk here are among the type to be found in the thet t the members that they feed satisfied that the work Is branch was in capable V th W L. L Partner a as man man- r 1 Craft as assistant m man man- l M. M Smoot as as- as Mr Calkins was lri his praise for the work on page 10 I FUTURE OF UTAH HOLDS PROMisE BANKERS THINK THIN Continued page 1 which had been accomplished by R. R B. B Motherwell former manager who Is now in charge of oC the branch at Los Angeles LAUDS SALT LAKE Salt Lake Ss is the only branch in inthe inthe the district which has its own rind it should be proud of the fact Mr lIt Cal Cal- h kl s said While i pf J the Pacific coast I is last fast becoming I one of the greatest great great- 1 est cons consuming u In I n g E sections or of the thet t country countr it is looking lookin towards the vast intermountain intermountain inter inter- mountain region for additional rood food supplies and raw y II 4 j s materials i Governor George W H. H Dern told the officers of the 11 r eUth district that hat Utah felt w. w M. M HALL highly honored to have one of its cities selected as the home of such a magnificent build build- ing The been confidence which h has placed In Utah's and the tho Intermountain tain future will be realized Governor Dern said sald The great resources of this section are jUst beginning beginning be- be ginning to be developed develop d. d and much or of the credit is hI due to the advancement advancement advance advance- ment of the Pacific coast regions This state will try in every way to see that the development of oC California Califor- Califor nia is given a helping hand HANCHETT TOASTMASTER Lafayette Hanchett chairman of the board of directors of the Salt Lake branch ot of the Federal Reserve bank aCted as toastmaster for the occasion and told of the struggle of securing the building for the local bank Ile He stated that it was one of the finest In the country and one which the people of the state should be proud He reminded the members members mem- mem bers that it was constructed of Utah materials Among some of the other speakers were A. A W. W Ivins of oC the first presidency presidency pres- pres of the L. L D. D S. S church who outlined the history of the corner on which the building now stands and F. F 1 F. F Johnson of Boise who told ot of the development of Idaho Heber T J. Grant president ot of the L. L D. D S. S church and E. E O. O Howard I president of oC Walker Brothers B Bankers delivered short addresses Arrangements for the affair were I Imade made under the direction of oC Mr 1 Smoot assistant nt cashier of oC the Salt Lake branch Officers of oC the tho Twelfth district and and the visiting members made a formal Inspection of the new buildIng building build build- Ing Saturday afternoon between 3 and 5 Officers of the local branch conducted the tour |