This day in Norment-Ward-Beall history 6 Oct 1889 Samuel Norment, though he is unaware of it, has only about a year and a half to live. In this trip it is clear he visited relatives in and near Little Rock and Eureka Springs, Arkansas. A letter written by his sister Janie expressed the pleasure experienced by all of them at being together again after thirty years. Sam leaves each of them a great deal of money, which must have been a wonderful help. The Priests of Pallas festival was a festival intended to promote Kansas City as “the Athens of the West.” Washington Post (DC) 6 Oct 1889, p4 THE BANKERS CONVENTION. Incidents of His Western Trip by Mr. Norment, of the Central National. Mr. Samuel Norment, president of the Central National Bank, has just returned from Kansas City, Mo., where he had been to attend the annual convention of the Bankers Association, of which he is one of the vice-presidents. Being questioned by a representative of THE POST as to the incidents of his trip, Mr. Norment said: The recent meeting was more largely attended than any heretofore, and the proceedings of the convention were unusually interesting and instructive. Many speeches were made before the association on the subject of banking, all of which manifested much thought, research and study. The question of establishing close reciprocal relations with correspondent banks in all parts of the country as greatly advocated as one of the first principles of sound banking. The proceedings were all marked with much deliberation and good judgment. The attention and hospitality shown by the Kansas City business men will leave a pleasant recollection on the minds of all who attended. The grand finance feast served at the Priests of Pallas Temple, on Lydia avenue, was the largest banquet, at which a full dinner was served, ever given in the country. About one thousand bankers sat down. The temple presented the most gorgeous scene I ever witnessed. In every point it excelled by far anything ever before attempted in the West, and was never excelled either East or West, considering the number of covers for a full served dinner. The growth and development of the South and West is really wonderful. At all places I stopped, even the small towns, there was an air of active business stir, notably Little Rock, Fort Smith, and Eureka Springs. The latter having a population only six years ago of only four or five hundred has now increased to some six or seven thousand, with many hotels, notably The Crescent, one of the finest in the land, and its rows of beautiful stores and dwellings would do credit to many of our Northern resorts. I noticed most all the cities were lighted with electric light, but throughout my whole trip I did not see any so beautifully illuminated as Washington. Did the silver question occupy much attention at the convention? Most assuredly it did, and very largely. Mr. St. John, of New York, presented the ablest paper upon that subject I ever heard. It looks as if the minds of many bankers were undergoing a change on this subject. They say as long as the nation can issue a legal tender currency the people can demand a circulating medium that can go along with the flag; that as long as metal is money, silver, like greenbacks, can be made the currency of the people.
Posted on: Mon, 06 Oct 2014 22:56:05 +0000
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