| Show tn TO I 1 U TAKE MYSTERY OUT OF BANKING by ROBERT V FLEMING president american bankers association the american bankers association has cooperated wherever rever it could properly do so BO in every measure tor for national recovery it has offeree offered 4 constructive 11 X 1 recommend rec om in e n d a eions for such w changes in banking aw laws as we recognized 11 were necessary J and we V I 1 now have a better law under which to operate the banking act of 1935 affords us opportunities port unities tor for A broader s e r v ic e R V FLEMING and at the same time r retains the fundamentals which we believe are so vital to our national welfare and which have played a large laige part in bringing our country in a comparatively short space of time to the position ot of the tha greatest industrial nation on the earth the public and banking it is necessary teat the public have a thorough understanding of the functions of banks what they can do and what they cannot do tor for it must be tec 1 ed that to many people the business of banking is still somewhat of a mystery we should frankly explain these tune eions to the public acquaint then with I 1 the laws under which we operate and i emphasize tho the vita part which banks play in the economic life of the nation therefore in order that there may be the fullest coo cooperation and understanding between the banks and the people of the country it ft will also be one of our objectives to take the mystery out of banking wherever it exists in the public mind banking conferences conference A series of regional conferences on bankin banking g service will be held in strategic sections of the country embracing all types of banking the new banking laws and the regulations issued will be carefully analyzed so that our bankers will have a thorough understanding der of the broadened services now made possible the question of public relations and how we can best serve the people of our communities will be another topic of discussion clinics or forums on specific questions of interest to bankers and the problems confronting them in their particular localities will also be I 1 included in these conferences |
