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Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Jan 11, 1935
Page
4
President R. S. Hecht of the American Bankers Association argues that banking has evolved from a private business to a semi public profession. He urges gradual changes guided by prudence over drastic laws and stresses resilience of bankers to meet future economic challenges.
The passage discusses fifteen to eighteen months of banking evolution and how its changes justify recent banking laws. It notes future challenges and implies more amendments may be necessary to address upcoming economic problems.
The speaker argues that bankers must exceed legal requirements and pursue voluntary reforms. Banking should reflect times and hardships, training of bankers should rise, and higher ideals should guide management. As society moves forward, bankers have greater scope for useful, conscientious service and leadership.
The American Bankers Association reports for the year ending June 20 1934 savings in all banks rose 3.5 percent from the previous year, marking the first annual gain since 1930. Depositors totaled 39,562,174, up 299,732 from 1933, with total savings at 21,867,666,000.
There will be a P T A meeting in the school auditorium on Friday January 11 1985. The sixth grade will render a program.
In Gonzales County 315 marriage licenses were issued in 1934, down from 319 in 1933, according to county clerk J. E. Barnett.
Eddie R. Keneeny, age 389, a World War veteran, died in Shiner Texas this morning and will be buried Saturday after several weeks of illness. He was a longtime local resident and served in the war.
A personal memorial poem laments Ida Schacherl's early death. The author speaks of loss, friendship, and hope for reunion in the afterlife, wishing her peace and enduring love beyond time.
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