A MONTHLY MAGAZINE DEVOTED TO TRUST COMPANY, BANKING AND

FINANCIAL INTERESTS OF THE UNITED STATES
Entered at the New York Post Office as Second Class Mail. Matter

Vol. XXXV

July, 1922

Number One

TABLE OF CONTENTS

PAGE
XXVI

1

9

13

16

19

23

27

29

35

41

Frontispiece-CONFERENCE OF COAL OPERATORS AND MINERS AT THE WHITE HOUSE .
CURE FOR BOLSHEVISM IN AMERICA

Constrctive Industrial Po'icies.
Secondary Inflation and Cheap Money.
Imperiling Trade with Canada.
Organized Labor and Banking.
Lawyers and Trust Companies.
America's International Creed.
Uniform Fiduciaries Act.

Test Rights of National Banks as Fiduciaries.
ECONOMIC AND MORAL FACTORS INVOLVED IN ALLIED DEBT PROBLEM.

F. W. Gehle of Mechanics & Metals National Bank of New York.
EFFICIENT ADMINISTRATION THE KEY TO TRUST COMPANY SUCCESS

F. H. Fries, President Wachovia Bank & Trust Company, Winston-Salem, N. Ć. WRITING OF WILLS AND LEGAL PROFESSION

Samuel Witting, Continental & Commercial Trust and Savings Bank of Chicago. FAMILIARIZING EXECUTIVES WITH CORPORATE TRUST SERVICES

Harley F. Drollinger, The Fidelity Trust Company of Buffalo. SOME ASPECTS OF THE EUROPEAN SITUATION

T. Jefferson Coolidge. Vice-President, Old Colony Trust Company, of Boston.
PERSONALITY IN BUILDING UP TRUST DEPARTMENT BUSINESS

Louis S. Dudley, Trust Officer, Peoples Savings & Trust Co., Akron, Ohio.
NEW LANDMARK IN CORPORATE MORTGAGE FORECLOSURES AND REORGANIZATIONS.

Edwin S. S. Sunderland of the New York Bar.
MAINTAINING EARNING POWER OF AN INVESTMENT LIST .

John E. Bastedo, Chase National Bank of New York.
EFFECTIVE METHOD OF INCREASING BUSINESS OF TRUST COMPANIES

A. B. Wellar, Cashier, Ithaca Trust Company, Ithaca, N. Y.
CONSTRUCTIVE ACHIEVEMENTS OF TRUST COMPANIES OF CALIFORNIA ,

Judge Wm. Rhodes Hervey, Vice-President, Los Angeles Trust & Savings Bank.
CO-ORDINATING SELLING AND NEW BUSINESS FORCES IN BANKS

W. W. Douglas, President, Financial Advertisers' Association. WHAT HAS BEEN ACCOMPLISHED BY THE NATIONAL BUDGET

William T. Abbott, Vice-President, Central Trust Co., of Illinois. SUCCESSFUL OPERATION OF INSURANCE SAVINGS PLAN

Elaine Clabrou, Peoples State Bank of Indianapolis, Indiana. PROBATE COURT ACCOUNTING IN ADMINISTRATION OF ESTATES

Nell H. Brantly, American Security & Trust Company, Washington, DC BEST MEDIUMS FOR BANK OR TRUST COMPANY ADVERTISING

Arthur DeBebian, Publicity Director, The Equitable Trust Company of New York.
COST OF ACCOUNTS IN SMALL BANKS OR TRUST COMPANIES

A. P. Howard, Vice-President, Hibernia Bank & Trust Company of New Orleans."
Important Decision Relating to Transfer of Stock
LEGAL DECISIONS AND DISCUSSION

Inheritance Taxation.
Distribution of Trust Fund.

Removal of Trustee.
Appointments as Transfer Agents, Registrars and Trustees
Review of New York Security Market
Advertising Exchange Directory for Trust Companies
Test Suit Relating to National Banks as Fiduciaries
Referendum on Banking Questions in Massachusetts
Bankers' Attitude as to Allied Debt
Survey of Business by St. Louis Bankers
Discounting Adverse Factors in Business
Opportunities for Co-operative Banking Efforts
Big Banking Merger in Los Angeles.

45

49

.

51

55

59

61

65

69 79

83 85 98 99 103 106 110 114 116 117

Annval Subscription, $5.00

Single Copies, 50 Cents