Evening Star Newspaper, June 21, 1929, Page 4

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BANKERS ADDRESS 0. C. ASSOCIATION Rome C. Stephenson Talks on! Foiling Crooks and John Poole Discusses Credits. BY EDWARD C. STONE. By & Staft Correspondent of The Star. MONTAUK BEACH, Long Island. N. Y., June 21.—Rome C. Stephenson, second vice president of the American Bankers' Association, contributed memorable address at the second day's session of the District of Columbia Bankers' Assoclation in session at the Montauk Manor Hotel here, the first viee president, Wilmer J. Waller, pre- siding. Much of today's session was d:\‘D(ed‘ to bank management, and for this rea- | son Mr. Stephenson decided to discuss | the best methods of foiling bank crooks. | The number of crooks who are nuwi operating in this country, making a! speclalty of robbing and defrauding banks, is appalling, he asserted. They a®e specialists in their particular class| of crime, and their detection places & tremendous responsibility on bank tellers and officers. Mr. Stephenson stated that there are | only four primary methods by which criminals endeavor to defraud banks | over the counter. First, by obtaining | money on uncollected items; second, by | forgery; third, by personal threat and | bulldozing methods, and, fourth, by sneak thievery. But so many other schemes have been devised for getting money unlawfully from banks that every transaction with comparative strangers should be very closely scruti- nized, the speaker declared. Makes Suggestions to Bankers. “The A. B. A. official suggested that every bank make a rule that no lwm‘ be cashed for strangers until cnllrcbed‘ and that officers and tellers be held | liable for loss in case of violation of the | rule. Mr. Stephenson, ;h;l is mullgenx;fl of the St. Joseph Coun wvings 3 South Bend, Ind., made a host of other suggestions of & private nature to financiers gathered here. He has spent | many years in gathering data on bank | frauds, and many of his findings proved a revelation to his hearers. And, inci- | dentally, it was the first time that an| official of the American Bankers' Asso- | ciation has made a formal address be- fore the District of Columbia Associa: tion. Two other fine addresses along the | Lne of better bank management were made today, one on “Finance and Dis- count Committee.” by Robert V. Flem- the Riggs National on Both addresses, which less with the technical ing. drew much favorabl . Poole's address g out his suggest! &nd filing of special information ive any bank almost perfect credit service. His address showed great care in preparation. Review Washingion Chapter. In addition to the problems of bank t, which B. Hazel- ?\mumm W] Craig e o | Commerce questionnaire showed that Tk of Chapter, American ‘Institute of Banking, during the past year. The annual review of the chapter's activities was presented by James A. Soper, vice president of the Lincoln National Bank, who has just retired as president of Washington Chapter. Mr. Soper that the attend- ance had been very large during the past year, more banking courses than ever had been offered and Washing- ton's junior bankers had displayed deep interest in the work. Stressing the number of standard certificates awarded, he also called attention to the promi- nent part the local chapier played in gkel recent national convention at Tulsa, a. ‘Those capturing the first three places in the institute’s annual essay contest were present and read their papers be- fore the convention. This contest is nsored by the bankers' association, the winner always being rewarded with a trip to the convention. The winners reading their essays today were Miss Catherine M. Krieg, Riggs National, who carried off first honors; Miss Esther R. Lau, also of Riggs. who took second honors, and John R. Keener, likewise of Riggs, who came in third. “What Price Protection.” ‘This year's subject was “Methods by Which a Bank May Best Protect Itself Against Praud.” which was shortened by the winner, Miss Krieg, to “What Price Protection.” She offered the follow- ing suggestions as to methods which may be devised and the manner in which these safeguards can be made effective: First, a campaign of eternal vigilance by the personnel of the bank. Second, closer co-operation between national, State and local protective or- ganizations. Third, educating the customer in fraud prevention. Miss Grieg developed her suggestions in ® most comprehensive manner, one showing an unusual knowledge of bank- ing. She cited the importance of the work of the new accounts department. information department, bookkeeping department and of the paying and re- ceiving tellers. The savings tellers also have a great protective service to perform. Payments by telegraph, cable, Jetters of credit and letters of in- troduction also require the greatest care. The credit and trust departments also have their problems, while the safe de- posit personnel has always to be on the alert. Bankers must provide, said Miss Krieg in conclusion, adequate insurance protection, but the wide-awake bankers of today do not advocate nor desire to substitute this form of protection for prevention. Let the watchwords of every banker be “Eternal Vigilance” and “Prevention Is Better Than De- tection.” The essays read by Miss Lau and Mr. | Keener were also splendidly prepared, filled with excellent ideas and clearly d. The discussion which fol- s led by President Fleming and was highly enlightening. Committee Appointed. President Fleming appointed a nomi. nating commitiee, to report Saturday consisting of William T. Galliher, Rob- | ert N. Harper, Charles E. Howe, Victor B. Driber and Joseph T. Exnicios. ‘The committee on resolutions is made | up of Henry H. McKee, John Poole, | R. Golden Donaldson, Julius I. Peyser and Prederic E. Farrington. The convention sent a telegram of greetings to Edward L. Hillyer, vice president of the Union Trust Co. and chairman of the association’s auditing committee, expressing the hope for his early recovery. A In the openin Fleming won the “Pop Fleming” Cup offered this year for the first time by 1. A. Fleming, veteran financial writer, who is one of special guests at the ‘convention, B The top-spinning contest for the ; sitlon of land for park purposes. point- the | which he will deliver in Boston. | Capital Kiwanis district; Edgar Morris, John J. t THE EVENING STAR, WASHINGT( Bus Boy With Flair for Kidding Police, Kids Too Long, Is Captured Anthony Christopher, 15 years old, | enough, in fact, to allow detectives to trace the eall. ‘who likes to kid poilcemen, was at the Tmagine Anthony's surprise wWhen Recelving Home today with plenty of | they dropped in on him, in a drug time to wonder whom his latest joke store teléephone booth, still discussing was on. ihe robbery. 4 Anthony dropped his knowing air It was Anthony's idea to telephone |, APCIONY (ArORREC i KON "o in the Hamilton Hotel. He made a date | was second hand to say the least. with the manager yesterday to talk Anthony had been reading newspapers, things over. 5 he_swid. ; ‘Headquarters detectives were on hand | _The blotter. opposite an investigation when the appointed hour arrived, but | charge, describes Anthony as a bus boy Anthony telephoned his regrets. How- | residing in the 1900 block of Fourteenth ever, Anthony chatted at length—long | street. o MAJ. DAVISON GOES PGTURES D, WITH “4 v s e A MLLION PEORLE =555 ! Engineer Commissioner, today went to Member of Planning Commis- GhEs i ™Var 56 inspect. improve. nts being made at the District’s . . . | B . sion Tells Kiwanians of | ek i st sriarity o Highway Development. i Assistant Engineer Commissioner to Inspect Improvements | improve the esthetic and sanitary con- | ditions surrounding the plant. The | major improvement is a concrete floor | on ‘which the garbage is unloaded from % ? bula- | the trains, which will permit flushing Plcturing Washington with a popula- | he trainy which will permit fushing tion of more than 1,000,000 people 0 | refuse is taken jnto the Teduction plant the near future, Charles W. Eliot of s : the National Capilal Park and Plan- ning_Commission. declared the exten- sive dfve}fifmem of lnmtl‘l ul}:fl;l h\lh;, ‘WEST POINT, N. Y, June 21 (#)— ways leading into the city is the most | important thing to consider in the next | ¢ of Grant Hall, in which Custer, few years, in sn address at a luncheon | Goethals, Pershing and every other ca- of the Washington Kiwgnis Club in the | det at the Military Academy has eaten Hotel Washington yesterday. | since 1850, has been discontinued. The | Mr. Eliot traced the development of | | _ | mess is now in Washington Hall, an up- | Washington up to the present time, and | 080 & POU 40 0" | told of plans of the commission to make the city more beautiful. He indicated | that he is in favor of the rapid acqui- | | Use of Grant Hall Dilco;ninued. ing out that land to be secured is rapidly going up in value. An address also was delivered at the luncheon by W. Cameron Burton, chosen by the Washington Real Estate Board to represent it at the Natlonal Oratorical Contest, “On Advantages of Various Citles,” in Boston, the latter part of the month, Mr. Burton deliv- ered the same oration at the lunc{wo;l n it he points out the many educational and other advantages of the Capital City. Announcement was made at the luncheon that the following delegates from the local Kiwanis Club will attend the International Kiwanis Convention n Milwaukee, June 23-27. | Harry G. Kimball, governor of the president of the Washington Kiwanis Club; George H. Winslow, secretary. treasurer of the local club; Roe Fulker- son, George C. Shaffer, Fred East, Wil- lam F. wmyn_mnd. Robert Thomas and | NINE AIR FIRMS GAIN AS 10 LOSE| Department of Commerce Report Lists Earnings of U. S. Companies. of the so-called luxuries By the Assoclated Press. self-improvement today. Nine air transport companies made money during the last six months of a:?l,'"\'ml 10 apparently operated at a fici Reporis today, to & Department «/ the nine companies on the right side of the ledger had & total income of $3,238,057, with expenses of $1.646,148, leaving & swrplus of $1,591.909. The | planes of these nine concerns flew 3,373,165 miles at an average cost of | 69.4 cehts a mile. Despite the 10 who took the air for & loss, the 19 taken as & whole operated at & profit. Their revenue was $3,85: 020, while expenditures were $2,653 leaving a balance of $1.204,968. There are about forty-one air trans- port companies in the United States, but many of them were reluctant to respond to the Government's questions as to earnings expenditures, During 1927, revenue of 17 com- panies was shown to have totaled $2,201,130, with expenditures of $2,151,340. ‘Payments to air transport companies made by the Government during the SCHENUI T’S the extra quality that gives the extra miles. And this extra quality i built in at every step in their making—providing an increased resistance to every destructive factor to which tires are subjected. Heavy duty tires uncondi- tionally guaranteed for 18 months when used on pas- senger cars. road to such sel terment follows. 1408 H St. N.W, Double Grip Air Cooled “tips” about a series of room thefts at| fun, that his information of the thefts | OU want the most from life. You want a home...new furniture...medical or den- tal attention...a radio. “But,” you say, “I don’t see my way just now.” Only when the way is clear can you step ahead successfully. Morris Plan credit opens the clear mprovement, and financial bet A friendly discussion of your needs and sound advice in financial planning will enable you to step ahead toward any constructive purpose. MORRIS PLAN BANK Under Supervision U. S. Treasury ROSENGARTEN NAMED! | BY MASTER BUILDERS Newly Reorganized Capital Asso- ciation Adopts Set of By-Laws. The newly reorganized Master Build- |ers' Association of Washington, com- posed of building contractors, last night | adopted by-laws which have been under | discussion for several meetings and elected permanent officers as follows: E. H. Rosengarten, president; George | Wyne, first vice president; J. t Skinker, second vice president: tors, Arthur L. Smith, Charles A. Lan ley, E. A. Miller, E.'W. Schneider, F. Gilien and'J. C. Robertson. | Articles of incorporation will be filed | setting forth the purposes of the or- anization as follows To promote better relations between private owners and public bodies, their architects and engineers on the one hand, and contractors on the other: to | mainiain high professional standards in work; to combat unfair practices; to | encourage efficiency among contractor to support contractors and other con- tvactors’ essociations in efforts to| rectify conditions of an unsatisfactory | | character: to encotirage those methods | !of contracting for work which relieve | the contractor of improper risks: to as- | sist in adjusting wage disputes and | grievances and to promote harmony between employers and emyloyes; to encourage sound businesy methods | tending to raise the standiug of con- | | tractors generally 1= {ye business world, and to advanes qgd protect the | interests of its memWg.s, individually | and collectively, with #ae regard at all | | times for the interests of the public and | | for the interests generally of the em- | ployer and employe in the various | building trades.” The Gold Coast of West Africa now | has a population of 2,296,400. .or a car. Many of yesterday are merely - Washington, D. C. TIRES | Tires used o Commercial The F. E. B. MclLean Cup was won by Charles H. Gaskins, director in the Bank of Brightwood.” His time was 47% seconds on the concrete front of tl otel. Al- bert 8. Gatley of the Nation: Bank d. Schenuit Regular Tires are uncon- ditionally guaranteed for one year on a monthly basis. ‘pecial economical guarantee. Rubber Co. Salesrooms Telephone North 9325 2111 14th St. N.W. Store Hours—Daily 8 A. M. to 8 P. M.. Sundays 8 A. M. to 12 M. P. KROEGER, Manager n Taxi Cabs, ‘rucks or Vehicles covered by G. Schenuit vod Offices {home here yesterday afternoon. BN, D C, FRIDAY, JUNE MRS. HENRY M’DONELL !ml.ny years a prominent physician at | Bladensburg. DIES AT COLLEGE PARK] Besides her husband, Mrs. McDon- nell is survived by two daughters, Mrs. Decensed Was Member of Old |Forrest S. Holmes, principal of the Col- |lege Park School, and Mrs. Levin B. Broughton, whose husband is head of the chemistry department at the Uni- versity of Marylend and State chemist, She also leaves two sisters, Miss Susan Hilleary Magruder of Washington and Mrs. George Peter of Kensington, Md. Funeral services will held tomor- row afternoon at 3 o'clock at the St. Andrew's Episcopal Church here, with the Rev. Ronalds Taylor officiating. She was a member of an old Mary- | Burial will be private in the cemetery land family and was the daughter of | of St. John's Episcopal Church at Belts- the late Dr. Archibald Magruder, for ville, Md. Eis Hundreds of Cool SUMMER TROUSERS $4.65 iy Palm Beach—Mohair Tropical Worsteds Gabardines—Linens 21, 1929. Maryland Family—Funeral Serv- ! ice Tomorrow at 3 0'Clock. Special Dispatch to The Star. COLLEGE PARK, Md,, June 21.—Mrs, Henry Barnett McDonnell, Jong a resi- dent of College Park and wife of Dr. H. B. McDonnell, biological chemist of the University of Maryland, died at her FMAN'S NTH. AND 'FSTS. Many of them will match your odd coats. THE STAR HAS A NEW TELEPHONE NUMBER NATIONAL ERTISEMENT. ADVERTISEMENT. | SAYS HUSBAND WAS I UP AT ALL HOURS Due to Nervousness and Disordered Kidneys | Was Unable to Rest Properly. Miller’s Herb Extract Gave Relief, She Says. If you want to hear statements re- | some of those who have given it a || garding this medicine that will make | trial and returned for more. Let them you open your eyes with wonder, go | tell you how they used pills, tablets to the Peoples Drug Store, 505 7th | and other remedies for stomach dis- Street N.W., and talk In' person ta | orders, also constipation, for years. MRS. L. I. CURRHEY. And_then, as Mrs. L. T. Currhey of | Seat Pleasant. Md., says. they found | | that one bottie of ‘Miller's Herb Ex- tract (formerly called Herb Juice) | more to eat and enjoy a good meal. helped more than all the others com- | He no longer complains of those head- bined, When Mrs. Currhey came to | Aches, says the medicine is a wonder- | ful regulator for the,liver, bowels and | since taking the Herb 'Extract he rests and sleeps better than he has tle of this medicine helped him more | than this it was a relief to see him able once Washington a few days ago she said she made the. trip just to tell the rep- resentative for this medicine that it | had helped her husband more than | for some time. I can see such a big anything she had ever used and she | change in him that I am thankful wanted to have a bottle on hand all | indeed, we learned of this great medi the time. Continuing she said, “My | ¢ine and cannot praise it too highly. husband suffered for years with stom- 1 ach trouble; everything he ate caused | If you feel in need of this medicine | | him trouble and after each meal he | don’t experiment with something sup- | | would have terrible pains in the pit | 1o ‘be just ‘as good, go to the | | of his stomach. He complained of les Drug Store, 505 7th Street | | severe headaches, was always consti- ik to the man who is there | | pated, liver was out of order, also le pufpese of lx,hl.‘-.‘} ‘They acted so irregularly he 's Herb Extract (formerly eal i of the night and | Herb Juice) and learn why it is the | nd restless that he | choice of hundreds of thousands. His | " hours are 9 2. to l_:g' pm. for | kidne; had cver used and || ! —_— | Semi-Annual Sale of Society Brand $50, $55 and $65 Suits for $37.50 Ends Tomorrow Heat-resisting Shape-retaining Wear-resisting Cool-appearing . Sheldon Palm Beach Suits 30 Comfortable because they're cool. Cool because they're comfortable. Heat-resisting because theyre shadow-weight . . . airy. Shape-retain- ing because Sheldon painstaking tailor- ing has made them so. Wear-resisting because the genuine Palm Beach fabric is sturdy and strong. Blue, grey and tan—either in plain shades or tasteful patterned effects. Direct Elevators to the Men's Clothing Department—Second Floor. Sheldon Suits Ex.vlu.vivel,v in Washington at e Hecar Co. “F Street at Seventh”

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