Proceedings of the Annual Convention of the American Bankers' Association Volume 1901 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1901 Excerpt: ...of a hurry for adjournament, and while we passed a motion thanking him for his address, I feel we should go a little further. We that heard the address were all greatly edified by it. We were benefited by it. I feel, however, that this address should be put in a form so that it could get before the bankers of the entire country, and also before the members of Congress. I think it is one of the most important questions we have ever had before us, and I feel that this is an opportune time to take up the question and that we should press it to a final settlement. I, therefore, move that it is the sense of this Convention that the thanks of the Association be, and they are hereby extended to Mr. Stickney for his masterly presentation of a subject so important in every class of business and that the Secretary be and is hereby directed to have the address published in pamphlet form and distributed, together with this resolution thereon. (The motion was seconded from all parts of the hall.) The President: This motion would call for an appropriation and action by the Executive Council. Mr. Chandler: Then I offer the resolution and request that it go before the Executive Council with directions to report upon it immediately. Mr. Thornton G. Cooke of Herington, Kansas: I would suggest that Mr. Stickney's plan may not only do away with bank crises in this country, but it may prove to be the system that we are all looking for, and have been looking for, these many years. We in the West have felt that while we lacked any sort of a system, yet we did as well as we could under the present laws, and that the ideal system had not yet been attained. On behalf of the West I want to say that we heartily approve of the plan outlined by Mr. Stickney, and I trust that the campaig...