. Review of reviews and world's work. the convention,which did a great deal of serious work besidesenjoying the entertainments provided for theafternoons and evenings. And so, in this spirit of good-fellowship andfrank discussion, the city did lose a little of itsprovincialism, as James Stillman, president ofthe New York Clearing House, in his welcom-ing address, expressed the hope that it woulddo. And the country, too, went home betterenlightened about the status of Wall Street infinancial affairs, and with less dread, perhaps,of the citys greedy outreaching for interiorbusiness. This, in fac
. Review of reviews and world's work. the convention,which did a great deal of serious work besidesenjoying the entertainments provided for theafternoons and evenings. And so, in this spirit of good-fellowship andfrank discussion, the city did lose a little of itsprovincialism, as James Stillman, president ofthe New York Clearing House, in his welcom-ing address, expressed the hope that it woulddo. And the country, too, went home betterenlightened about the status of Wall Street infinancial affairs, and with less dread, perhaps,of the citys greedy outreaching for interiorbusiness. This, in fact,—the conventions humanside,—with the spirit of cooperation that it pro-moted, was its distinct contribution, which willbe remembered longer than the formal proceed-ings. But there was serious work accomplished,and for the first time in banking history thetrust-company movement met the banks inclose-range discussion of the needs for a cashreserve and the enactment of proper legislation 428 THE AMERICAN MONTHLY REVIEW OF I 0^. mk
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