Democratic Sentinel, Volume 19, Number 24, Rensselaer, Jasper County, 21 June 1895 — BANKERS OF ILLINOIS MEET. [ARTICLE+ILLUSTRATION]
BANKERS OF ILLINOIS MEET.
President IJreyer Urges Them to Be Steadfast for Sound Money. The convention of the Bankers’ Association of the State of Illinois held in Rock Island was the most largely attend-
ed and most interesting ever held by the association. It was the fifth annual gathering, and it brought together the most prominent men of finance aud affairs in the State. Reports of the different officers showed the association to
have a membership of 400 and with a cash treasury balance of SSOO. Henry W. Yates, of Omaha, delivered an address on “The Fallacies of Free Silver,” it being an exhaustive discussion of the monetary question from the standpoint of sound currency, and commended the change of Secretary Carlisle's conviction on the silver issue, which was pointed to as a cheering sign of the times. President Dreyer in his annual address called attention to the work of the association, mentioning first the abolition of the days of grace by the Legislature. Another bill passed by the Legislature was that amending the law governing the indorsement upon negotiable instruments so as to effectually determine the liability of indorsers. He recommended that the garnishee law be so far amended that any hanker who may have been gartiishoWH'or sums supposed to be deposited with him by a second party may ho permitted to file his answer in court by affidavit instead of being compelled to answer in person, ns is the case now. On the currency question he urged the hankers of Illinois to stand steadfast for sound money.
E. S. DREYER.
