IT
July n, 1908]	THE CHICAGO BANKER
CIAFf
(Department of Chicago Banker)
An Open Forum Dedicated to the Associated Chapters A. I. of B. in Which to Advance the Great Movement for Independent Action and Universal Membership
the Institute S

Convention of
r
n Providence
tinued in the same location for a space of 107 years.
Its management has been along the most conservative lines, and on its board of directors have served, and still do serve, some of the strongest men which Rhode Island has produced.
The state capitol building, the city hall and the Arcade building and Brown University building also are only a few of the many more places of historical interest of this progressive city of the East.
A pre-convention smoker will be given to the delegates at Keith’s Hall Wednesday evening.
The Narragansett Hotel will be registration headquarters for the convention and the elegant parlors of this hotel will be placed at the disposal of the ladies in attendance at the convention. The convention will be called to order Thursday morning, July 23d, by A. Waller Morton, Eautaw Savings Bank, Baltimore, president of the Associated Chapters, at Elks’ Hall, 126 Mathewson Street at 10 a. m.
Prayer will be offered by Llewllyn L. Hen-sen, D. D., which will be followed by an address of welcome by Hon. Patrick I. McCarthy, mayor of Providence.
Address—Prof. J. C. Monaghan, “America and Her Young Men.”
Report of Alexander Wall, First National Bank, Milwaukee, chairman of the National Educational committee.
Paper—“Financial Panics,” by R. R. Cla-baugh, Mississippi Valley Trust Co., St. Louis. Mo.
Paper—"Treasury Issue vs. Bank Issue,” by Newton D. Ailing, Nassau Bank, New York City.
Thursday. Afternoon—1 :30 o’clock.
Steamer Warwick leaves foot of Crawford Street at 1:30 o’clock sharp for Newport, passing down West Passage around Beaver Tail. Upon arrival at Newport, carriages will be in waiting for a ten-mile drive through the city.
Collation will be served on homeward trip, which starts at 6:30 o’clock. After a leisurely sail, Providence will be reached about n ’clock. Music by Hawes’ orchestra.
Friday Morning, July 24th—10 o’clock.
Invocation—Rev. George W. Kent.
Address—Mr. Henry Clews, Henry Clews & Co., New York City, “The Financial & Trade Situation Comprehensively Reviewed.”
Paper—“Panic Panaceas,” by E. P. Vander-berg, National Bank of Commerce, Detroit, Mich.
Paper—“Fowler Bill,” by Edmund S. Wolfe, American National, Washington, D. C.
Friday Afternoon—2 :30 o’clock, at Elks’ Hall.
Inter-City Debate—Presiding officer, Clarence R. Evans, National Union Bank, Baltimore, chairman national debate committee.
Subject—“Resolved, That all Banking Insti-
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Outline of the good things provided for the Junior Bankers of America—Chairman C. Frank Spearin'] of the Press Committee makes a forecast—Good speakers, fine entertainment, and a beautiful, historic city will attract many

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of the convention this month the delegates will have problems worthy of the best that is in them, and their actions will be thereafter quoted as precedents.
Providence is one of the most attractive

I
A. WALLER MORTON Baltimore, Md.
cities of the East and has a population of 228, 000. It is but 44 miles from Boston on Providence river at the head of navigation on Narragansett Bay. The city has for a near neighbor Newport, the famous Eastern summer resort. The city’s popular park is the Roger Williams, it contains over four hundred acres, about one hundred of which were presented to Roger Williams by the Indian Chief Miantonomi. The finest of the park buildings is the Casino which contains a restaurant and an assembly hall. The Park Casino building will be placed at the disposal of the delegates on the evening of July 24th. Close at hand a concert will be given by the famous American Band, while later in the evening the hall on the upper floor will be thrown open for dancing.
The Providence National Bank is the oldest banking institution in Rhode Island and the third oldest in the country. Chartered in 1791 it. began business in that year. It first occupied its present quarters in 1801 and has thus con-
The sixth annual convention of the Associated Chapters of the American Institute of Banking will be by all odds the most important annual meeting from all points of view since the organization of the Institute. It will be held at Providence, Rhode Island, July 23d, 24th and 25th, and neither pains nor money have been spared to provide for the junior bankers of America a banner convention. Most liberal entertainment to occupy every moment of their time, when not devoted to the consideration of Institute business, at the daily sessions has been provided for. A very great amount of preliminary work has been done by Providence Chapter through its convention committee headed by E. A. Havens of the Mechanics National, treasurer of the Associated Chapters last year, and a past president of Providence Chapter.
The delegates will have many opportunities to observe evidences of loyal support from the financial institutions of Providence, the Providence Clearing House Association, and Providence Chapter in the three days’ program. Among the able and talented speakers who will make long journeys to address the ses-sions of the convention will be: Prof. J. C. Monaghan, ex-chief of division of consular reports, department of commerce and labor, no .v of Notre Dame University, South Bend, Ind ; Edmund D. Hulbert, vice-president Merchants Loan & Trust Co., Chicago and president of the Institute, and Henry Clews, of Henry Clews & Co., bankers, New York City. Rath-bone Gardner, president of the Union Trust Company, of Providence will preside at the banquet to be held at the Churchill House, Saturday evening July 25th. Others to give toasts will be: Hon. John H. Higgins, governor of Rhode Island; John T. P. Knight, secretary and treasurer of the Canadian Bankers Association, Montreal; and Messrs. O. H. Cheney and W. A. Prendergast, of New York City.
The delegates to this convention will be privileged to take an active part in the new era of the Institute, the era of self-government. With the election of officers to occur at Providence under the new constitution, the management of the Institute will be completely turned over to the Associated Chapters—a responsibility they have been preparing for since the first convention at Cleveland in 1903.
At the Providence convention it is not at all unlikely that the delegates will prepare a petition to present to the American Bankers Association asking that the institute be made a section of their organization. That the men of the chapters have the necessary equipment to full} measure up to the new order of things, no one will doubt. It is justly assumed that the A. B. A. would not have consented to relinquish the management of the Institute until satisfied that the work would be properly carried on by the members themselves. In the actual work