Proceedings of the Annual Convention of the American Bankers' Association Volume 1899

Proceedings of the Annual Convention of the American Bankers' Association Volume 1899

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1899 edition. Excerpt: ...up in his office a model Credit Department and to furnish such information as he may be called upon from time to time to give to the members of the Association regarding the workings of the same; and also to prepare and furnish to the members of the Association at cost price any and all blanks which are needful in connection therewith. The above resolutions were unanimously adopted by the Convention, September 7, 1899. The President: Gentlemen, you have heard the resolutions proposed by Mr. Cannon. Are they seconded? (Cries of "I second them," and "Yes! yes!") They appear to be seconded from all parts of the hall. I therefore put the question. Those in favor of the adoption of these resolutions will say aye; those opposed, no. Adopted. The resolutions are unanimously adopted. (Applause.) Next in order will be a paper by Col. Myron T. Herrick, of Cleveland, on "The Effect of Banks on the People's Progress." THE EFFECT OF BANKS ON THE PEOPLE'S PROGRESS. Mr. President and Gentlemen: The history of banking is to you a "thrice told tale," a story of an ancient and honorable profession, served with remarkable fidelity and a fair share of benevolence throughout; created by the people by virtue of their necessities and accepted by them as one of the fixed conditions of society, and withal so satisfactory in its workings as to excite little speculation as to its cause and effect. Yet even to the casual student of beginnings this remarkable scheme of finance has an origin of unusual interest which is suggestive of the vast power and influence exerted over mankind. The bank is the embodiment of the instinct to preserve for future needs the fruits of human activity; an instinct originally awakened by hunger and...show more

Product details

  • Paperback | 160 pages
  • 189 x 246 x 9mm | 299g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236959221
  • 9781236959225