Show TELLS HOW BANKS I 1 AIDED PROGRESS economist describes the ways banking institutions have contributed to development of united states OMAHA bebr privat privately ely owned banking despite its faults has served america well william A irwin pro fessor of economics washburn college topeka kansas declared in a recent address here on banking in a changing world under the leadership of individuals banking has helped to bring this conn try to a foremost place in economic de among the nations of the world he said the small community has been developed by the individual bank the frontiers of america have been pushed forward by the help and counsel of the individual banker tb the shocks of wars and depressions in a century and a half have been withstood with the assistance of the individual banker change may be necessary it may be that we have reached a tide in the affairs of america when new methods are needed it may be that w have come to a point where the andl vidual should be submerged for the greatest good of the greatest number it may even be that complete cen of the banking system has become an economic necessity in our complicated social life but the banker ought to be satisfied that these things are so before he should give up his fight tor for the system we have known we came to greatness under that kind of ban banking liin we should not give it up with out cut unmistakable proof of the absolute necessity of such a change the american pattern professor irwin said that the pro dosal which has been advanced for co banking operations in the national interest under a supreme court tor for banking is ii typically ameri can and ought tu have the most serl ous consideration of those elements which are clamoring tor for political con arol which is typically un american it is not wise he said to oppose changes 0 as such but that bankers should see to it that change if and when it does doea come shall preserve all that is good in the past and stick as closely as po possible to the american pattern of things banking is properly a conservative profession he pointed out and should cling to practices and principles of banking that are and always have been fundamentally sound it is to its credit that so large a group of its members never faltered altered even in boom times in their allegiance to those sound principles he declared we bro probably bably owe our salvation from chaos to that tact faal |