The Oregon daily journal. (Portland, Or.) 1902-1972, July 16, 1922, Image 21

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The Oregon daily journal., July 16, 1922, Page 21, Image 21

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Newspaper Page TextTHE OUZGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, JULY 16, , 1S22. DAMfA IMPTITIITC DHM lHOIIIUII. Educational Work in Particular Makes Remarkable .Strides; 25,000 Students Enrolled. By Ateaarc W. ZCDI Secretary JLm.rtcan isstitBte of WsftMns ' " Th year 19S1-22 has made history "for the American Institute of Km-nklny. Its predecessor was a brilliant one, spectacular tn the growth of Its mem bership and intense tn its educational activities. But this year has witnessed e more real, steady advancement that denotes true progress ; it has been, the test of the phenomenal activity of 190-21. The Minneapolis convention both .re flected the unprecedented rains of the months prior to its convening-, and srcund. in the interest and enthusi asm of its delegates, the surer growth to follow. Nor has that promise been - repudiated In the actual events of the both local and national, has been af fected by the general trend toward a bimr ami fcettAP errantzaticm. ' Institute membership is naturally the moats obvious indication of progress or retrogression. That the organisation has been able to maintain intact, so fn a tinmtwkf-a . r cnnrlMd Ttl tf mense gains of last year, is in Itself a notable accompllsRment. end It would not have been surprising if i no actual gain bad been recorded for the present year.- . i But. far from such a condition, the national membership committee has reported a net gain of about MOS mm- . making a. total of approximatrjr 60,892 members. HAS 111 CHARTERS , Along with the growth in member ship has come a large increase In the number of local chapters, 24 . having -been organised since- the convention in Minneapolis. - Toe Institute) now has 111 local chap Vters. It Is Interesting to note that five of these new chapters are in Cali fornia, making that state the banner ters, and tliat seven of them have been "established in four states Arizona, which had. no chapter at the time of the convention In almost every Instance the new organization ' has been of a very superior type, both in number of members and In enthusiasm displayed In the edncAttonel worlr Much progress has been made tn the educational work itself this year, sta tistics showing that more than 25,000 students are enrolled In institute study classes .throughout the country a higher- percentage than ever before plishment in the educational field ha stltute law work. WISDOaf 8HOVT2T Already, the wisdom of this change - ,a wctY kziu. inuuu Miior rwuw are obtained. Furthermore, plans were perfected and work actually begun some two months ago On a revision of the elemenbfry banking course, on1 the preparation of an institute textbook- for the course in economics, and on the preparation of a new course and text on the. subject .of credits. ' All of wese cooks ana courses will be avail able for use In the fa.lL Locally, the educational curricula of Individual chapters have been enlarged to meet , their specific needs in such a way that . the Institute is now giving unparalleled service to thousands of enthusiastic . members. Other activites- than those connected directly with the study work have felt the effect of the same progressive im petus. Successful, well-defined, and helpful forums have been conducted, by at least 25 chapters, and this method of keeping; the older members Interest ed in the chapters and the Institute generally has come to stay. . -GOOD TTOBX Boins Particularly good work has been done in the matter of organizing public speaking and debate classes or sections in the chapters ; inter-chapter debating has been much more popular than - heretofore, and ken interest is being vvewaev v U1V WUVOSW 1V1 participation in t he Portland debate. j More than tS chapters now have their i own chapter papers. The valu of such i publications in centering the Interest of members tn their chapter activities is immeasurable. Chanters have been doing more than ever to bring the in stitute and its work before bankers ma un genera puDiia. The national publicity committee special institute publicity week, durlnjr , wmcji time winoow uspiays and other posters aonruMa we institute oroaa- cast in nearly every chapter clty.One entirely new activity that has been In- St 11 f-Sfcjl 4kle vee V -t I done by the Institute in cooperation with the A. B. A. committee on public GROWS FAST; HAS 50,692 IVlEiVlBERS Suggestions for Investments State of Oregon 4V2 Grant County. Ore'5a : Chelan County. Wn- City of White Salmon, City of Heppner Ore., 6s City of Roseburgr, Orel 63 City of Tillamook-, Ore., 6s . . -mm . .-., j Port of Astoria 6s v . --m - --r. Grants Pass Irr. Dist. 6s . .7.. .fc.. Republic of Brazil 7s Netherlands Guilder Dodge Manufacturing Amalgamated Sugar Utah Power. & Light We extend, to members ef Pertlaat aad the 2forttwt, Ralph S OFFICERS r :OifinunM3op " J t V. 7 2- -T7T- 1 Micbaxd W. Mill, Sew York, secretary; (2) J. H. Pueliclier, Milwaukee, first vice president; (S) Rob ert R. tocke, Detroit, president; (4) Carter E. Talma n. Richmond, Va, vice president; (5) A. C. Burchett, Memphis, candidate for vice president'; (8) Robert Strickland Jr., Atlanta, chairman mem bership committee; (7) Fred L Sent, New York, vice president Bankers' Trust company; (8) Don A. Mullen, New York, executive council; (9) E. R- L, executive council; (11) Stewart D. Beckely, committee; (10) Henry G. Jackson, Fawtuclcet, It, I, executive council; (It) Stewart T. Beckley, Dallas, executive council ; (12) Henry R. Klnsey, Brooklyn, executive council; (IS) Joseph J. . Schroeder, Chicago, executive council; (14) W. n. Dressier, Omaha, executive council; (15) J. H. McDowell, Chattanooga, executive council ; (16) IV I. Ramos, New Orleans, executive council; (17) George K. Maine, Seattle, executive council; (IS) John A. Graham, Baltimore, executive council; (19) A. Warren Anderson, Buffalo, chairman public affairs committee. BANK CHAPTERS MEET ON JULY 19 Conference to Begin at Break fast and Continue to After noon With Discussioss. The chapter presidents conference, of the American Institute of Banking, to be held at the Multnomah hotel Wednesday July 19, will start with a breakfast at S a. m. and will continue through luncheon to 2:30 p. m. The conference will include subjects for A ti.clnM will Vua KntK l.t,iurfl.. and profitable. It it expected that theJ presidents of the 111 chapters of the American Institute of Banking will be present and take part in the annual conference. The program is as fel lows: f to Breakfast, 8 to 9:16 "How Shall the Interest in Chapter work be Maintained T by J. Keasler Jones, Federal Reserve bank, Omaha, Neb. 9 :1B to -9 :30 TMacuaadon. t:S0 to 9:45 The Problem of Chap ter JRooms." ' By Paul B. Detwller. Philadelphia National bank, , Philadel phia. Pa. ' i - , , ' . 9 :5 to 1 Discussion. 10 to 10:0 "ShaU Officers and Board of Oovernors of - Chapters be Institute Graduates r by H. Raymond Lee, Federal Reserve bank, Richmond, Va and Frank N. Totten," Fidelity In ternational Trust company. New York. 10 :S0 to 11 Discussion. 5Us . e a s s Wn., 63 )-... . . . ;-.-.-.. 6s . TssrWeT a V e e .e esa? e e e V. Co. 7s , . .. . . . . L . . 7s 6s . r tie AXXkICAJK rXBTITtfTX OF BArxtsrc aad wm beUaaed to have yea ase chneelo ch C OF BANKING INSTITUTE PA&VEHJie iiW . cut- 11 to 11 :15 -Chapter Flnancea.-. By Max Stelner, Chicago Trust company. Chicago, I1L 11 :15 to 11 :45 Discussion. 11:45 to 12:15 "Publicity." ByE.L McCargar, First National bank, San Francisco, Calif. 12:15 to 12:45 Discussion. 12:45 to 15 "Public Speaking and Debate." By W. G. F. Price, National City bank, New Tork. 1 :15 to 1 :30 Discussion. 1:30 to 1 :30 Luncheon. Adjourn ment . A. C Burchett, assistant cashier of the Bank of Commerce and Trust com pany, Memphis, Tenn.. will preside over the conference. ' The chapter presidents' 'conference committee consists of the . following : A. C Burchett. chairman. Bank of Commerce and trust company, Mem phis, Tenn., W. H. Bums, Tompkins County National bank, Ithaca. N. T- W. H. Correll, American Exchange W Philadelphia National bank, PhUadel phla. Pa., A. L. Fraley, Northwestern National bank. Portland, Oregon. G. R. Lewis, Jr., Lynchburg National bank, Lynchburg, Va, J. W. Marshall, Jr., City National bank, Knoxville, Tenn- F. H. Newton, First National bank. Minneapolis. Minn., William Phillips. Federal Reserve bank, Omaha, Net, Frank C. Pondrom, American Exchange National bank, Dallas, Tex as, I. J. Steed, Bankers Trust company Little . Rock, Ark., J. H. Strelcher, Commercial Savings Bank Trust com pany, Toledo, Ohio, Dennis P. Tobin, First National bank, Bridgeport Conn, tjroiXWTIES X.OSS PAT. Ottawa," Ontario, July 15. Officers, non-commissioned' officers and men of A. and B. squadrons, Royal Canadian Mounted police, who served 1ft France and Siberia, lost $46,078.90. the differ ence between their military and civil Maturity Yield 1940-45 4.25 1936-38 4.90 1932-34 4.80 1932-39 55 - 1942 5.30 1929 (est.) 5.00 . ,1935 5.125 1930 : 55 1931-34 , 6J25 1927-40 70 1952 x 72 : 1972 6.10 1930 5.50 1942 ' 47.10 -1937 7.00 ,.' 2022 6.60 : a eerdlal weleesie to J tcllltles e ear e fries, j i the faculties ompany s v., 5 j - - ZZ3EL pays, by reason of their service. This was brought out in the Com-mnnn through questions placed on the order paper by T. Lb Church (Conn North Toronto). It was not known whether or not the government intended to reimburse these men for tbnir in.. Twelve officers and 209 other ranks at A- squadron and seven office .end other ranks of B. squadron saw ser vice in France. si 't-w 'S 1 mm aas .rilr M v ( T L W" MEETING TOPICS AREAMHOUHCED Departmental Conference One of Featudes of Banking In stitute Convention Aa educational feature of the nation al convention of the American Institute of banking is that of the departmental conferences. :,j These conferences which are ooen to all In attendance, are In the nature of round table -discussions covering the most important subjects in connection with practical banking. They are held so that those who par ticipate may become improved, think ers, that ther may return to their In dividual bankias Institutions -better men en their own jobs and on banking in genera L , , - i, : ; - i : In the Portland convention this week there will be three departmental lunch eon meetings at the Portland, notel Monday. July 17. Wednesday and Thursday, July 19 and" 20. J The Men day mee tins' i will commence at noon and last until the axternoon aojourn ment of the convention. " The other two meeUngs will convene at 11:45 a. m. and continue until the opening of the afternoon sessions at 2:30 p. m. - Different phases of the topics to be discussed iil be extended during the three conferences. Paul B. Detwiler, chairman Of the department conference committee, will presiue. The different topics to be discussed and the leaders of the discussions will be as follows : Audits and examinations led by F, L. Ramos, assistant cashier, Canal- Commercial , Trust and Savings bank. New .Orleans. La. . Bank administration led by Wm. FelcM. assistant cashier, Irving Nation al bank. New Tork. Bonds and Investments led by Wm, R, Ward. Khingle and Brown company, Oakland, Calif. - - Buainees development and advertis ingled by Donald A. Mullen, secre tary clearing1 house-: section American Bankers association. New xoric. , Checks &ci collections led by Per ry M. Parker, assistant cashier, -First National bank. Los Angeles, Calif. Credits e- by Godfrey C Blohm, assistant cashier,- Xadd and Tilton bank, Portland. Foreign trade and! foreign exchanre led by L R Gofer, vice president Wells Fargo Nevada National bank. San Francisco, Calif. -Savings bank 11 by George B. F, Bartlett, -Five Cent Savings bank. Boston, Mass. Trust functions led by.Wra. H. A. J)hnsom Continental and Commercial i rust company, (jmcago, in. Carter E.Talman, ' Vice President, to Succeed to Gavel : Following the usual custom Carter E. Talman, vice president of the Ameri can Institute of Banking, will auto matically succeed Robert B. Locke as president of the institute' during; the Portland convention this week. - Talman waa born, in Richmond, Vir ginia, the son of a confederate soldier. He graduated from the public schools of Richmond - and afterwards: received his B. A. degree at Richmond college, now the TTntversitv of Richmond.---!-: Immediately after- leaving eollegeJ he started in to learn the banking busi ness with the American National bank of Richmond, of which institution he la now an officer. Talman was elected vice president of the A. I. B. at the Minneapolis con vention. ; - lilllltlHIHilHtiHIHlHHHillHIIIMI - - ' e . p . - jv aE i aeb a vs' si J w -s. w isu a. mm 1 18 33 tit mYP.tr ,1'; t',c I - a if a I m i n ir i i inrir w raise aBffl s ll teS L . k .z ii : . i i : w r is ; st ssssr-n e jt . w a .. . i ar mt i I a, sl East and West ; - To Compete at Institute Meet The Cast will be pitted against the West In a debate that will be one ef the most Interesting features of the national convention of the American Institute of Banking,; The subject Is one of international t Importance and one that has caused considerable com ment m aipiomauo circles on oota aioes Of the Atlantic ocean,'- js ' : A. I. Be .G6neBtioB July 16th to 20th A , Th oldestj bank in the Northwest extends its heartiest greet ings to its banking friends from; all over the United States in this, their annual convention. We gladly , exert our every effort that you may appreciate the wonders of the North ' west, of Oregon and of Portland,' and that all of us may enter into the? joys that always come from these gatherings. ; We have been, pleased to carry ; on business relations with many of the institutions which yoii represent for 63 years. Let us now enjoy the larger pleasure of personal acquaint- r "Our entire "resources" are at your d isposal. - Washington at Third Portland; " tf Oregotw rTTrTnpTTTVTTTrnfVK i v 1 PORTLAND The subject is i Reaolved, that the United States enter; an agreement for the mutual cancellation of the Inter allied war debt The affirmative will be taken by the New Tork chapter, rep resented by the following team: J. V. D, Btrykar, federal" Reserve bank; a B. Schoch, Irving NaUonal bank: E. A. Lahm. ClUaens Savings bank; alternate, John J. Golden, Federal Re serve bank,l Negative, Seattle chapter : Alien P. Hall. First National bank s Casper W Clarke, Union NaUonal; Herbert C Bryant, Washington Mutual Savings bank ; alternate. W. C . Phil lips, First National bank. ' Welcome! Delegates Oldest in the Northwest r: I v I v 1 v I v 1 1 1 1 1 v i v i v i v i r 1 1 n 1 We come T HIS bank- counts -it a privilege to welcome the visiting members of The American Institute of Banking, their families and their friends, to their Annual Convention in the City of Portland, July 16-20. THE NORTHWESTERN NATIONAL BANK Member Federal Reserve . System 1 Famed French Hotel Is Put Up For Sale ; i '.! - ii- "" . ' (B loUteKUonml Km 8rioc) i' Paris, July 15. The hotel de la pal va, last of the mansions on the Champs Elysee that made that boulevard th centre of Paris during the reign of Emperor Napoleon 111," Has been put on the market. Friends of old Paris fear the building will be torn down, following -the -fate, one after another, of the palaces of the Prince Napoleon, of ..Jules de Lesseps, of the Duke of Brunswick, of EmUe de Oirardln, and of the Count of Quinsonaa. to the. i r i r i r i r 1 1 v i t i r i r i r rn iiiiiiiiiitiiiiiiiiiiiHiiiiiiiiiiiiiiiiiiiiiiiiaiiiiiig 1 OREGON v 49 y RJlTXCalJttAND COKPOFLRXIOIT FMfiNCE J Pcra-Ljaa? ,0111:0 tuf-r iiiiPHiiiHUiP i:;ii!!!!!!in HilHjijjininijliijllijjijljiiNijlijjllHl iilil 1 1 1 i H 1 1 i,i i i 1 1 i I ill I i I H 1 1 1 1 , I i i 1 i i 1.1 1 i 1 iilli!ll)iljli!!!l!iii!!!itIli liilllil.