Show HELp F FARMERS AR ERS BANKERS TOLD TOED State President Points Out Way At Logan Convention Special Dispatch LOGAN r June l The 15 15 rho The fifteenth I annual com convention of ot the Iho Utah Bankers association opened here at 10 o'clock this morning lh practically every ry bank In the state I The first session was 9 called to 10 order b bi II H E D latch Hatch ot of t Logan president of oC the tho association association tion at Lagan's Logans now new Capitol tho the the- mitre atre toll following 0 Ing which tho the Hev leV Harris Pillsbury of ot Logan the Invocation Mayor Mavor John A Crocket Crockett and Dr Earl Robinson vice president othe of oC the Logan chamber of or it doomed tho the s visiting lilting 1 bankers bonkers to Logan and spoke on and r sources resources lIes lIe's Industries E 1 H it Snow 11 of oC tho the of oC St George responded to the of or I latch then delivered cred the tile dent dents s address declaring that the difficulties encountered ty Utah o during the past sear car h o rot oot been blen due to II a i lack Jack of tC f JoinIng funds hut lather difficulties of oC le- le adjusting and tor for the re- re renewal newal of oC obligations which could I not be bo paid list fall tall at ham hili test time lime Barring frost trost and hell hil torms we wo should test harvest the th largest crop In tn a nu number m ber of ot years said Mid Mr Hatch Many of oC o the thc frozen credits of tho the banks hate hae ha e been thawed through iou ions methods and amid In the e the it Ise banker will see that non new ne loans annot arnot are not subject to the freezing pro pro- process ae cess as was va the cite ciso Ise In the tho past It Is hoped that the bankers will Ill not loan the banks funds on paper they are In a position to tl 1 Will lit not be liquidated at ma- ma maturity V Too many of ot our loans armade are arC made without con being belag gt gisen as to the theli definite detinUe payment pa ment President Hatch ah adi advised the as- as assen sen id bankers to get In the cli- cli client's eats ent's confidence by being his fin nn dal cial ah IBer and in this na wai n bone bone- the bank and th client He ad J rI the bankers of the tho state to wase re a strong trong campaign to sa saiG customers from the terrible losses loses sustained annually by our friends In In investment estment In wildcat 1 stocks and se- se c Lei em The Th association head then took UP lip the question Qu stion of ot clearing house urging that they he bi wholeheartedly He lie red deil de- de dedred dred that Ir lr Utah ha has pro pro rd d to be one of ot the tho In in- in In the state of Utah and discussed mining raining and farming In Ih the state at nl the present time Of at farm farm- farm me Inc he hc cautioned the tIme assembly that the average It erae tal atmer mer of or 0 the state 1 Is at present discouraged but that hiIs he be beIs heIs Is about to come coma Into his own oun 0 n and should be treated as a good add ad lO G LU 1 G It DS President Hatch then spoke on oct the question Q ot of railroads and und paid II a high hish compliment to 10 the residents ot of Cedar Codar City ft ho ho hive hwe been een benefited by the advent adent ad ent of C facilities Ho lIe prophesied that It would not be Impracticable for tor our friends to build on to t St George in in a order that our railroads may connect the tho north with the south to tho the great benefit ot of both Speaking of oC the tho tUG c and sheep men he said that the sheep man has hns come corne back to his own But Dut Duthe Buthe Buthe he cautioned the bankers to take tae a consistent course in order to avoid the possibility of ot another sheep panic While the man with th broa brimmed hat and lasso Jas o has not fared as well steil ell as his neighbor the sheep man Indications re a-re that IS business will be better a within a n short time They are not wholly hol- hol holy sly ly y discouraged but look 1001 hopefully to the tha th future with Ith a 0 able of oC optimism Judge Elms DIms A Smith chairman Cf t the tho legislative e committee re r re- re s-lew s Ie ed ed the associations association's affairs to secure a uniform method of ot ta tasa- tasa taxa taxation tion Uon of ot banks and banking statis statistics tics which began In 1921 1021 and stat stat- stated ed Id that what hat appears to tu be at least a partially satisfactory s s- s stem s tern tem has hns been devised de Chairman J 11 Grut of the membershIp committee reported of or the loa per Jer cent membership banks of oC the state Mate declaring that ther arc now 22 national b inks Iii 91 state banks Ch five lie e trust corn com companies and 15 te banh ban members of ot the state slate association n II Chirles Cherles H It Bliton Buton B ron president of tue Nation Nallon il 1 Bank Dank of ot Commerce of oC Ogden chairman ot of the education education tion lion committee reported tho the progress ress ness of ot the committee during 1 the past year and stated that tho ho association has received cd good support from tho the state In tn general In the campaign for generalI Inthe In Inthe Inthe I the schools Ogden sal and an Salt Take Lake schools hate lIae lIa e failed tailed to respond as asheal heal lily as Is desired Tho report of ot the committee was ass presented by Sena- Sena Senator Sena Senator tor W D Candland who ho deu de- de deplored de deplored the conditions on the far far- He pictured conditions In the thO farming communities as Ita hai is ISIrI I the thc bottom and os the tho s ic-s 01 ard pro prosperity lIe He that the association foster the giving of ot alu valuable bl and worth worth- worthwhile worthwhIle worthwhile while prizes tor for the exhibition or of farm products and livestock 11 estock at nil au fairs and gatherings of oC peoples declaring that In this stay ay the morale of the farmer who liIn IS isIa In Ia the dumps cin cen be raised d to t higher Ie level Intel el The The boss bo s of oC the fhe farms are not attracted to 0 farm farm- farmIng farming ing lag work stork or they are arc leaving home to work In the thc big cities which isa Ta Is Taa a serious condition for tor the Carme- Carme to have hate ha 0 to cope with he lie said add adding lag ing not not five th Ito 0 per cent of oC the grad grad- graduates graduates o ot of agricultural colleges adopt as 88 a permanent voca vocation oca lion tion He advised nd the bankers to todo todo do all In their power poster to make mah farming an all attractive e location c because this Is the most glorio or stork a 0 Herman Griffin a II a member or of toe MH It Lake La e chapter of oC the A 1 I IB B delivered the fin fin-el address of oC otho the morning on The A 1 I B and Banking The 1 a ad- ad address ad address 1 d dress of ot the session that of oC Coy Gov John U Calkins othe ot of the federal resenie resene bank of oC BarF San Fancisco was stas postponed po until the afternoon session on account of oC th the lack of oC time Th The Tho con convention con con con- continues continues tomorrow n |