In an address to the American Bankers Association, John L. Hamilton comments on the growth of the organization’s annual conventions, the enlargement of the executive council, and the organization’s aid sent for the San Francisco Earthquake relief effort. Hamilton then discusses the need for bank examinations to help deter bank failures, the responsibility the press bears for sensationalizing such failures, and his opposition to federal, state, or municipal ownership of public utilities. He praises President Roosevelt and Secretary of the Treasury Leslie M. Shaw for their leadership in financial matters, which has supported the country’s rapid growth. He believes new federal laws are needed to ensure this continues, and he urges members of the association to work for legislation that is in the interests of the country as a whole.
Collection
Library of Congress Manuscript Division
Creation Date
1906-10
Creator(s)
Hamilton, John L. (John Lawrence), 1862-1927