Show J A chency cheney attends state bank meet J A chen cheney executive vice P president resident of 76 he uintah bank attended the annual convention of the utah bankers association held at salt lake city recently orval W adams prominent utah banker and past president of the american bankers A association was the principal speaker principal topic of the meeting was a discussion of policies which would tend to com combat th the e present inflationary trend M mr r adams cautioned the bankers not to make loans that will add to the inflation fire and that cautious leading should be inaugurated augu rated regarding speculative unproductive and long term inventory loans however in so doing the banks he continued should make sound loans that will increase production and the needed supply of necessary goods and services two of the main points by mr adams were that have a responsibility and an d obligation bli to the chousa thousands nd of small li savings depositors who do not have services available or r men qualified to advise them in their investments and other financial matters and banks should use their influence to see that our government carries out a financial policy which will protect these small depositors so that the purchasing power of the american dollar will not further diminish also banks he said must keep in reserve sufficient funds so that future needs of business and industry can be taken care of as the circuns stances require in order to keep our economy in proper balance and functioning properly it was brought out by the various speakers at the conclave that the banks alone cannot hope to accomplish this objective and that it will require the support and cooperation of the government and management get near nes go trout the closer an object object I 1 Is to the water the leaf less chance a fish has ha to ice see it A wader 30 or 10 40 feet from a trout bai has the best of the bank raster |