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24 Tr. Co. [i] (1917)

handle is hein.journals/tande24 and id is 1 raw text is: -rust Qompantirs A Monthly Magazine devoted to TRUST COMPANY, BANKING AND FINANCIAL Interests of the United States Entered at the New York Post Oflce as Second Class Mail Matter To. XXIV. lanuarg, 1917 Number (One TALE OF CONTENTh Frontispiece-prime Ministers and Spokesmen of the Leading Warring Powers ...... WIELDING THE SCEPTRE IN WORLD FINANCE ............... I New Spirit and Romance of American Business Dollar Diplomacy and Protection of American Enterprise Triumphal Progress of Dollar Credits The Amazing Business Record of 1916 Cloudingthe Issue in Pfg. K, Section 11 Litigation Forcing State Institutions to Join Federal System Federal Reserve Amendments and Control of Gold ACTUAL ACCOMPLISHMENTS OF THE FEDERAL RESERVE SYSTEM ..... ........ 9 Hon. W. P. G. Harding, Governor Federal Reserve Board. RESERVE REQUIREMENTS AND EXPANSION OF BANK CREDITS .. ......... it James B. Forgan, Chairman First National Bank, Chicago. THE KEYNOTE OF TRUST COMPANY SUCCESS . . . . . 13 Uzal H. McCarter, PresidefMFidelity Trust Company of Newark, N. J., and President Trust Company Section, American Bankers Association. SEVENTH ANNUAL TRUST COMPANY BANQUET .. .............. . . 15 PREPARING FOR POST-BELLUM TRADE AND FINANCIAL READJUSTMENTS . . . 16 Dr. Edward Ewing Pratt, Chief of Bureau of Foreign and Domestic Commerce, Washington, D. C. SOLUTION .OF CHECK COLLECTION PROBLEM . . . .......... -19 Jerome Thralls, Secretary Clearing House Section and Committee of Twenty-five. Graphic Illustration of Stock and Price Fluctuations .... ......... . . . 22 Federal vs. State Supervision of Banking ........ ................... . 23 TRUTH AS TO 1916 RECORD OF RAILROAD EARNINGS ..... ............ 25 Francis H. Sisson, Assistant to Chairman of Railway Executives' Advisory Committee. GROWTH AND FUTURE OF AMERICAN EXPANSE MARKET .. . . . . . . . 29 Morton H. Fry, with Bernhard, Schohlle and Company, N. Y. FUNDAMENTAL DEFECTS OF FEDERAL FARM LOAN ACT . . . . . 32 Kingman Nott Robins, Treasurer, Associated Mortgage Investors and Vice-President Farm Mortgage Bankers Association. DUTIES OP TRUSTEE AND MANAGEMENT OF TRUST ESTATE .. .......... . 35 Judge Arthur Peter, Trust Counselor, Fidelity and Columbia Trust Company, Louisville, Ky. CO-OPERATION BETWEEN TRUST COMPANIES AND LEGAL PROFESSION ...... 39 John E. Potter, President Potter Title and Trust Company, Pittsburgh. EQUITABLE SYSTEM OF TAXATION OF BANKS AND TRUST COMPANIES . . . ... 43 Fred Rogers Fairchild, Professor of Political Economy, Yale University. CALL LOAN RATE AND REAL STANDARD OF MONEY VALUE .. ......... . 46 J. Santilhano, with Hoit and MeWilliam, N. Y. DUTIES OF TRUST COMPANY SERVICE EXPERT . . . . . 47 W. M. Boileau, Service Expert Spokane and Eastern Trust Company, Spokane, Wash: HEALTH RULES FOR BANK AND TRUST COMPANY STAFFS .......... 53 Professor Eugene Lyman Fisk, Medical Director Life Extension Institute, Inc., New York. LEGAL DECISIONS AND DISCUSSION ........ .................. . 55 Effect of Resignation of Joint Executor. Loss Through Individual Trusteeship. Power of Appointment by Will. Digest of the Latest Federal Income Tax Rules .... ................ 57 Prodigious Growth of National Banking System . ........... . . . 67 FINANCIAL INDEPENDENCE OF THE SOUTH....... . . ....... 69 William Hurd Hillyer, Atlanta, Ga. YEAR OF REMARKABLE BUSINESS EXPANSION IN BALTIMORE ... .......... 77 Maurice H. Grape, Vice President Union Trust Company, Baltimore. EARNINGS AND GROWTH OF NEW YORK TRUST COMPANIES IN 1916 . . . .. . 79 L. A. Norton, New York. Firm Basis of New York Banking Position ........ .................. 81 Philadelphia Bank and Trust Company Development .... ............. . 91 Trust Company Progress in Boston ...................... ..... .... 98 Financial and Bsiness Prospects as Viewed In Chicago .. ...... ............. 102 New-born Financial Independence of the West................ 106 Plans of Financial Advertisers Association ......... ........ ....... 10 Inherent Strength and Future of Steel Market . . . . . . . . . . . . . ... 110 No Bank Inflation on Pacific Coast ......... ................... 114 Phenomenal Year for Detroit 115 Special Reviews from Leading Cities, Including Philadelphia, Boston, Chicago, St. Louis. Balti- more, Cleveland, Detroit, Los Angeles, etc . . . . . . . . . . . . . . . . 91-115 Advertising Exchange Directory for Trust Company . . . . . . . 11. Annimi Subscription, S4.0. Single Copies, 35 Cetls

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