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Will Soon Have Vanderlip Branch Banks All Over the World EVERY MAN IN BANK UP FROM THE RANKS This Successful Institutions Principle- Are Now Co- Conducted operation on Dominating Note at National City 21 By HOLLAND (Special.) September Frank New two York, or three years of the National Within president have es Vanderlip as will in all probability all parts of or bank banks in those parts tablished City branch at least in for buildpoint the where world, there are trade. opportunities From national this and ing up American institution is in New York at of view merely the large bank veral years accumu ago, not London, to the rapid of this tention city In was deposits called and reported resources that bank- Sir ing lation institution of and it one was of the great said to his associates United Felix uthorities Schuster of after London he had States returned that the years from business visit to of three the or was four persuaded, take rank world. in National the course City bank among he the 10 greatest reflects would banks of the of this institution modern American a flourishing The high growth degree early the nineties. large, it was bank behind with spirit in a In the but not very one or two respect other to esta maintained and stood in New far York city Its stablished manageme by who banks deposits and the traditions in his day authorities was one of Moses Taylor, leading banking and was often said chiefly of the United States banker who was upon broad the been the organizing association instrumental have the in clearing house the secprinciples York city just before as of New came time Grover Cleveland advisable to There uguration of seemed that some ond ina when directors the bank be President stockholder in the and order ethods to of secure man these of changes established James In G occupied Stillma with any the pro cot with changes wealth, all his not life professing bank ng princi would ton business. asked if he dis found methods. was At first he there was was take ples the decline presidence the offer. which but decided father him posed to imental reason His of the proposition propost in this bank- The favor been inter terested known banker, had long welfare and its wever was not wide repuas senior its Stillman but how had merchant nation He in New was tation as as cotton known in Texas was an authori Europe almost well and his cotton name ma rkets of tion that this bank tative York city, one was in the his father's influenced Mr Stillresidency. with man LIQUIDATING to accept the AN OLD Stillman BANK took Mr there came few months of the bank, shrewdly per bank the opportunity presidency which he The Third Na dry accept cepted had become perfectly ceived an and of New York sound. The new putting tional rotted although the hope of of Barton stockholders it. made in choice Mr epburn had life into president retired as comptroller The Henburn a as earlier Washington few weeks currency at Hepburn's career was of of the successes of Mr. it clear that it Third latest banker made his that the into quickened due to no fault could not be he proposed to vigorous liquida City National bank life Therefore Mr Stillman bank put in the National opened by this Na president of opportu unity the Third bank grasped the liquidation of liquidate the proposed offered to City and did so it was tional He National ctorily Although all through the very sa proposition. never- of almost opened accounts quickly not and part of the of the depositor with of National for the theless Third National City and nearly the deposits doubled by a this the institution Mr were Hep! became National City that action president of the the Chase Na tional. the time vice went thence to have been among phenomenal bank and where his triumphs successes of New at the time York bankers. grew so that preparing to long when The business the government occupie was custom custom house house at vacate Wall its street, of the the new city having proposit been on the lower Mr end Stillman made take over the were old firished, the government Some to thought this there proposicustom to house. reasons behind of hastard sentimenta The tal building which was was sometimes London tion Egyptian architecture resemble the Bank of reasons thought to no sentime imental behind this there were ones. Stillman the but But purely business HOW far ahead custom Mr. house transaction when he purchased is now made nearly clear 1200 bank saw for statement the city bank that there in are the building was employes the of the this old custom house of this inand, large as with the necessar growth in few nevertheless may be additional property years stitution to acquire NDEFFICIENCY associa ORGANIZATION Banking in New When the America years ago, met asked to some 10 Stillman was bankers. York tion, city, Mr of welcome accepted to the the invifive He spoke make He speech reluctantly man of few minutes words, was thought and tion, that tation for for he not more than the modern nespirit by His cessity central of co-opera to be espe Co-operation ially needed with organizahe believed American meant banks also high The remark the Stillman efficiency truly national so, tion Mr and nization great of this now Mr. Stillman's counsel has made able organization institution flects also, does its it effi- posestablish policy and organization institution merica, to in Censible ciency for the in South and speedity in branch banks in Europe already been observ these tral Russia. America and it has establishment Internation of tional that with institutions the our Efficiency the fact is branch has demonstrated increased by average in the course commerce strikingly each day and these are an without perfected as that also transaction of year $40,000,000 error of so much one cent of policy co-operation of time the Sal was Mr illustrated Stillman at the and fire. reported With Francisco earthquake after the telegraph Simonson. one acfew hours William A. bank in a disaster, esidents of the Stillman to of this the vice the counsels of with Mr. $5,000,000 the of started cord with for San be Francisco made so ailable that to they which was San Francisco busing prevented its banks could carry of their this kind also that city and in Co-opera tion timore when placed great panic in Ba institutions were of the fire. a banking on account emergency