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Show BANKERS VOTE ORVAL ADAMS AS PRESIDENT H. M. Chamberlain of S. L. Cites Peril of Reaction BOSTON, Oct. 13 (AP) The American Bankers' association, meeting here in annual convention, conven-tion, today heard "concern" expressed ex-pressed over the national administration's ad-ministration's policies, elected officers, and received advice to follow conservative policies. Orval W. Adams, U-yrar-old Utah banker, was elected the new president. Philip A. Benson of Brooklyn was elected first vice president and Robert M. Hanes of Winston-Salem, N. C, was named second vice presl-w.. presl-w.. No Opposition There was no opposition to the report of the nominating committee. commit-tee. Mr. Adams is executive vice president presi-dent of the Utah State National bank. For the last year he has been first Wee preeident of the association. as-sociation. The new first vice president Is president and trustee of the Dime Savings bank of Brooklyn. He is a native of New York City and became associated with his bank In 1917. He is a former president of the National Association of Mutual Savings Banks. Mr. Hanes ia president of the Wachovia Bank and Trust company com-pany of Winston-Salem, and is a native of that city. He is a past president of the North Carolina Bankers association. Mr. Adams and Mr. Benson are Republicans. Mr. Hanes is a Democrat. Demo-crat. Mr. Adams was started on the presidency trail by a nomination from the convention floor two years ago a procedure rarely successful in the organization. Opponent Withdraws At the association's convention in New Orleans in 1933, Mr. Adams was proposed for the office of the second vice president by a nomination nomina-tion from the floor after the nominating nomi-nating committee had named another an-other banker. So atrong was the sentiment for the far westerner that hia opponent withdrew in the interest of harmony and Mr. Adams Ad-ams was elected. His selection to- (ContlmiMt on Part Four) I Column Otit ) |