19 THE CHICAGO BANKER July 3, 1909] LISTING AND ADDING MACHINE THE WALES VISIBLE Manufactured at Wilkes-Barre, Pa•, by the ADDER MACHINE COMPANY The heading Features in which We Excel VISIBLE Writing :: VISIBLE Adding :: AUTOMATIC Correction Key :: AUTOMATIC Clear Signal, Easy Handle Pull, Rapid Work :: The UP-TO-DATE Adding Machine 161 STATE ST. CHICAGO Distributing Agents for Illinois, Iowa, Wisconsin, Northern Minnesota and the Northern Peninsula of Michigan SAXE & HOGLE delegates gathered in Elks’ Hall, ready for the annual election of officers, which was the important feature of the session. The man chosen by the convention to succeed Franklin L. Johnson, of St. Louis, Mo., as president of the organization, is Newton D. Ailing, of New York City. When it was found that the New Yorker had been elected, the delegates rose to their feet and cheered with the greatest enthusiasm, for Ailing has enjoyed the favor of the institute for some years. George A. Jackson, of Chicago, was unanimously elected vice-president; H. G. Procter, Richmond, Va., secretary, and Louis H. T. Moss, of New Orleans, treasurer. The following delegates were elected members of the executive council: Frank Cerieni, Chicago; W. S. Evans, Philadelphia, and E. C. Phinney, Minneapolis. D. J. Lyons, of Providence, will succeed George A. Jackson, who resigned his office to accept the vice-presidency. Members from the Southern states caused somewhat of a sensation in the session when it was decided that the next convention will be held in Chattanooga, Tenn., the delegates jumping to their feet and cheering for the Sunny South. Someone started in to sing “Way Down South in Dixie,” and the old song was taken up with a will by everybody in the hall. The date of the meeting has yet to be fixed, but it probably will be about this time of year in 1910. At the conclusion of the election of officers, the business session of the convention was brought to a close, and the delegates went for a trip to Tacoma. The business and entertainment of, the convention will be brought to a close this evening, when the delegates will make merry in a banquet which will be served at the Hotel Washington at 7:30 o’clock. The women guests will go to the Moore Theatre in a party to see John Drew in “Jack Straw.” The intercity debate yesterday between the delegates of the Chicago and Tacoma chapters was won by the visitors from Chicago. The subject was “Resolved, That a System of Branch Banking Would Better Serve the Needs of This Country.” Ralph C. Wilson, of Chicago, was made chairman of the executive council and the seventh annual convention of the Institute ended to-night with a merry banquet in the rathskeller of the New Washington Hotel. Three hundred and fifty delegates from all parts of the United States sat down to the feast prepared by the local chapter. Shortly after the diners took their seats the orchestra began playing “Rainbow,” and everyone joined in on the chorus. to the Seattle Golf and Country Club, where luncheon was served. They returned in time to join the men on their tour of the exposition. To-night dinner will be served to the visitors in the Oriental Cafe on the Pay Streak of the exposition, which has been reserved for the NEWTON D. ALLING President A. I. B. occasion. Guests are expected to be present at 5 o'clock. After the invocation had been pronounced this morning by Rev. W. H. H. Rees, Prof. A. C. Miller of the University of California, was introduced by President Johnson, as the speaker of the morning. Prof. Miller addressed the convention on the subject, “Banking and Currency Situation in the United States." One of the most entertaining of the addresses given at the session yesterday afternoon was that delivered by Kenneth A. Millica of Oakland, Cal., whose subject was “Tellers’ Troubles.” “Government Bonds and National Bank Notes,” was the subject of a paper by William S. Evans of Philadelphia, Pa. Seattle, June 23.—This was the closing day of the convention of the American Institute of Banking in Seattle, which has been in progress since last Monday, and this morning the visiting B. W. Moser, E. L. Berger, L. M. Carr, J. Ruenheck, J. M. Turley, E. F. Falkenhainer, F. C. Ball, R. P. Johnston. St. Paul—R. W. Lindeke, O. J. Schumacher, M. F. Ernst, W. K. Miller, J. C. Engen, Walter Honebrink. Alternates, O. L. Nelson, Charles E. Gale, J. A. Holmen, J. A. Schaetzel. Tacoma—Forbes P. Haskell, Jr., Ernest C. Johnson, Thomas L. Manley, Jr., John S. Ferguson. Valley—L. S. Bowne. Washington—A. B. Claxton, Jr., J. C. Settle, Boyd Taylor, W. A. Dexter, Robert Stead, Jr., E. P. Wilson, W. T. Poole, S. J. Henry, E. S. Fawcett, J. C. Brooke, Charles Doing, Jr., A. C. Flather, J. L. Fugitt, H. V. Hunt, F. B. Stevens. Seattle, June 22.—Elks’ Hall, in the Alaska Building, was well filled this morning by the delegates to the seventh annual convention of the American Institute of Banking, now in the second day of its session in Seattle, more than 200 of the visitors being in their chairs at 10 o’clock, at which time the meeting was formally opened by President Franklin L. Johnson. The strenuous day yesterday, which included the business session in the morning, a street car ride about the city in the afternoon, and a steamer trip on Lake Washington at night, had no effect upon the spirit of the bankers, and this morning they were on hand ready to cope with the business and entertainment of the day. Particular interest this morning centered in the intercity debate between Tacoma and Chicago on the subject of, “Resolved, That a system of branch banking would serve the needs of this country better.” Tacoma took the affirmative side of the question, while the delegates from Chicago essayed the part of the negative. After the debate, which was contested with spirit, and when the delegates had had luncheon, the entertainment of the visitors for the afternoon was in order. This included a visit to the grounds of the University of Washington, the bankers, 250 strong, leaving the Hotel Washington in special cars at 2 o’clock, and an inspection of the Alaska-Yukon-Pacific Exposition, where the afternoon and evening were spent. This morning the women in attendance upon the convention were given an automobile ride about the city. They left the Hotel Washington, the headquarters of the delegates, at 10 o’clock, and proceeded over the Interlaken Boulevard through Denny-Blaine Park, thence