| Show I THE BANKERS GO CONVENTION St Louis Oct currency anti currencY reform the paramount topic ot of sessIon of oC the convention vt of the Am Bank ore ers association Several efforts were ivero made mado yesterday by different delegates to brIng the tho subject the conven timi for tor lolI and action but counter efforts era successful tn in thwarting this purpose for tor the tho lay irs In order that 1011 routine tine reports mIght bo be presented There ts not eu sufficient time for tor the tho submission ot of all the ye re reports ports and a number went over Oler until to today day The Tho session was Il opened with pr prayer el offered by Rev n 11 S 8 pastor pastol ot of St Johns John Methodist copal church Hauth of at St Louis Immediately Immediate the h hearing of the to re ports was resumed the first being the report ot of the clearIng I committee b by Sec Secy Frederick EI E Farnsworth of the Michigan i association The report et forth Corth that unquestionably the evil of country cheeks checks and par poInts its It antI has hIlS been for tor llama aroma years carl one ot of the tha most Important subjects whIch tsu banks have tad had to coush consider r The Th ye re report port stated that efforts arc uro beIng made by the tho clearing ot of the country to 10 eradICate the tho evil 1111 but that man many ot of time the clearing houses houlle have seer systems of rules hookIng toward the ot of titis result sonIc eom or of them theirs b being without oven an effective organ and the blI believes that this Ihl work bu be carried out on broader lines and mora scope Tim Tho report ot of the rue bill ot of cons was VU presented b by Chairman E of DC the e ew York National bank ew eV York CIl City The report Ilea II with time methods or of handling bill ot of ladIng b by banks and that there b be Presented to 10 Congress In III D December cembor I amendments to teethe the ral rato bill to follow tollow the tho bill of at lading clause wilt will negotiability for bills bill ot of lading when mhers issued In forum orm timid also tito tho rights mind ties tics ot of the tho parties thereto to 10 timo tho ox ex tent r to the tho Lm rights of at th Q value lilu upon earls ench documents wills due regard to time the ot of business ant relation rights anti duties ot of the tho carrier I at A WIl adopted that th this secretary of the tho ho directed II 14 mall within 31 r nays day to nil all ot of each clearing chamber ot of corn com board of trade und and liS as In the tho copies of oe tho report of oC the Iho bIll hili ot of hauling commit committees tees 1 and nd that every banker b be to use his hili blat best efforts to secure time tho thou tion by ot of the bolt Mr r Ono superintendent of at hank ot of Japan mias all Intro Introduced anti the convention on the tho topic Sonic aspects ot of the late lIte Titer Tho delegates who hind been patiently waitIng for tor the currency reform quell thou lion to be up were wera brought to their feet protesting lit at 1130 when Hamilton announced tha lint t the theater would have to be vu a In o owing to the tunis man desiring to prepare for Cor thin tho afternoon matinee po post t pouted Crom torn yesterday e After sonic lame die elle russian the tho whole subject of currency mae made an order of at business at 10 Mr J Horton of at Atlanta nn an was Ins then introduced and made on nn address on the topIc A plea Jllen for tor the cotton fields The amendment to time constitution pre presented b by William George ot of lisa Iho 80 ot of AUrora whIch threatened to become a bone bona of contention yesterday was by vote laId over ever tor or another year Mr tr E B D DDurham Durham ot of Ill III Introduced time tho resolution whIch was 31 adopt ed That tile the council of oC the flankers n assocIation up oJ a I committee with power to oct act whose duty It bl be to gather eI dance of oC the breaking ot of the tho Inter Interstate state law by the express In doing business and place same b before tIme tho interstate with the Int intention oC at compelling said express companies to tile lie banking furthermore that the tire Uve council ot of time tho Am Bankers Dankers ns assocIation be d to place such Kuch funds ant liS they deem able In Inthe inthe the hands ot of the aforesaid committee for tor the tho purpose of oC collecting and pro pre such Adjourned until tomorrow I |
