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Presents a speech by Reinaldo Zinn, a general manager of International Business Machines (IBM) Corp., given at the Bankers Association for Foreign Trade Conference entitled 'Across America--Miami: Trade and Export in Latin America,' dealing with the issue of electronic business and technology.

The article discusses the willingness of international bankers to lend Brazil 6.7 billion U.S. dollar despite the heavy debt load of the developing world. According to the article, this confidence in Brazil's ability to service its huge debt is founded on the belief that Brazil will be the major industrial power by the 1980s. It adds that creditors have faith in the ability of a small and extremely competent group of civilian technocrats led by Minister of Planning Reis Velloso, who is chief architect of Brazil's second national development plan.

The article presents information about various developments in the world during the year 1913. Most people have read the speech of Senator Elihu Root in the U.S. Senate on the banking and currency bill with a feeling of perplexity. The bill has been before the public nearly six months. The bill has been under fire of the National Bankers' Convention, has been examined by numerous financial organizations and has been publicly discussed by anti-Administration Congressmen. One of the less conservative of French reviews, "Mercure de France," now possesses a department called "La Vie Anecdotique." The matter that falls into this particular pigeonhole represents anecdotal biography.

This article focuses on various political and social issues in the U.S. When former U.S. President Theodore Roosevelt at Denver, in the course of a reply to some questions put by U.S. politician William Jennings Bryan, declared that he "should be glad to have the recall for the president," he was not speaking on the impulse of the moment. The recent bankers' convention at Detroit, regarding currency reform, has evoked conflicting comment. The cry for immediate utility as the chief end of education swells in volume every day.

The article reports on the pronouncement of corporate chairman Robert E. Wilson of Standard Oil Co. of Indiana on the ailing market for new stocks in the U.S. It notes that the Chicago Association of Commerce and Industry supports the statement of Wilson that the shortage of risk capital is worst than the indicated figures. However, he proposes that the ailing market can be revived with remedies like investment bankers cultivating small investors and issuing companies to take lower prices.

The article reports on the survey which reveals the compliance of 332 banks in Illinois to the recommendation given by the Illinois Bankers Association (IBA) to raise the salaries of bank employees. Most of the banks in the state have followed the salary adjustment suggestions of the IBA to attract and retain top-flight bank personnel. Moreover, the association has also provided their member banks with tangible dollar-and-cents recommendations that are based on credible studies.

The article focuses on Avila Camacho, the major political fact in Mexico. For the moment it finds support all the way from the labor movement to the bankers' association. How long this almost unanimous approval can be retained will depend on a number of factors to be discussed presently, but it is a curious commentary on the 90 per cent electoral majority claimed by Almazán that except for a tiny remnant of die-bards even his followers are applauding Avila Camacho. General Manuel Avila Camacho has an honorable, if unspectacular, record in the Mexican Revolution.

The article throws light on the foreign loans, as proposed by the State Department. It could keep Americans from lending money to Russia or to other countries on the black books of the government; it had gained additional political power. Then the depression set in and the whole situation changed. The history of international banking contains many similar episodes. The bankers who deal in international securities are just what they have always been, men out to make as much money as they possibly can, often of limited vision and little understanding of risks they are taking and the internal conditions of countries to which they are lending American money; often heedless or unaware of the grave international complications they are invoking. It is not a pretty picture.

Junk in the Eighties was as good as gold. Hilarious with optimism and blinded by greed, the buccaneer bankers of Drexel Burnham Lambert Inc. created billions of dollars of credit for mergers, acquisitions and leveraged hocus-pocus by the sale of bonds whose value was ultimately guaranteed by no more than a promise and a prayer. When the going was good, the deal makers and the bondholders amassed fabulous fortunes. But there's a whiff of a slump in the air, and now the gold is turning back into junk. The extravagant deals that Drexel's fallen idol Michael Milken pioneered collected all the economic energy of the decade and diverted capital and attention from the crucial work of social and industrial reconstruction that no one yet has the will to begin.

The article focuses on bankers. They do have a tendency to get carried away by the fads of the moment. Wells Fargo & Co.'s Carl Reichardt takes no comfort in the troubles of rivals--that Bank of America earned only 7.6% on equity last year or that Crocker National Corp. lost $121 million last quarter. Last year that splendidly managed bank earned over 16% on shareholders' equity. Only four years ago Wells Fargo's future was uncertain. For over 132 years it had spun a web of branch offices to capture retail deposits.

This article reports on several political and economic developments. The International Policyholders' Committee has formed an organization which commands respect and must exert wide influence. If the men nominated for directors by this committee are of equally high standing, the election cannot but have a some effect upon both companies. Many policyholders will, on general principles, refuse to vote for trustees who are picked out by those now in power and are presumably friendly to them. According to another development, currency reform must still be preached, though it seems at present like crying in the desert. The economist Frank A. Vanderlip's address before the State Bankers' Association last week was made, not in the expectation, people presume, of any immediate reform, but in the hope that repeated warnings may prepare the public mind for action when an acute crisis comes.

This article focuses on social conditions of the U.S. Texas is suffering from an attack of bank robbery. Small banks do not feel safe at night, and even large banks in. the cities have found themselves looking into the muzzles of revolvers in broad daylight. As a remedy for this unfortunate state of affairs the Texas Bankers' Association offers a standing reward of $5,000 for each dead, bank robber, killed while in the act of robbing a member bank in Texas. The American industry as seen from the other side of the world is highly successful in production but less so in human values for the workers. In the emphasis laid upon this, the report of the Australian labor delegation which visited the United States last year differs from that of most European observers.

The article presents information on political developments around the world. The platform of the Rhode Island Republicans is the most outspoken yet of all party utterances on the money question, going farther even than the excellent deliverances of Republicans of New York and Massachusetts. The Maryland Bankers' Association has followed the example of the New York State Bankers and of the executive council of the American Bankers' Association by adopting a resolution in favor of a rigid adherence to the gold standard of value.

The article focuses on political developments around the world in early 1922. The New York State Chamber of Commerce has formally accepted and approved the original idea advanced by one of its committees that not only must every alien on arriving in this country be finger-printed but every American citizen as well. Mr. Reginald McKenna's speech at the bankers' convention was a statesmanlike address. It was conceived in the finest spirit of British world-outlook, unmarred by the tricky kind of imperial disingenuousness which made the Balfour note so futile a piece of stupid statecraft.

The article focuses on the formation of the Bank Credit Group of New York City as announced during the American Bankers Association (ABA) convention held in Chicago, Illinois in 1944. It states that the credit pool, which was comprised by 23 banks, was designed to support small and medium-sized businesses in the postwar period. It also cites the appointment of W. Randolph Burgess, a former member of the Federal Reserve Board's open market committee, as president of ABA.

Focuses on the recent communist conference in Chicago. Proposal of the name of African American James W. Ford as a vice-President in the U.S.; Reaction of public to the proposal made in the conference; Cheering an African American for vice-President by the public; Acceptance speech by Ford; Focus on the profile of Ford; Views of other African Americans in support of Ford; Introduction of the topics discussed in the conference; Way of squeezing concessions out of the bankers and large industrialists; Discussion on the benefits of a large Communist vote.

In this article, the author ponders on how Americans can reach financial independence, in relation to a study that was conducted by the American Bankers' Association in the U.S. in 1922. Topics discussed include the financial position of an average man, the impact of schools on the lives of professionals, and the principles in handling surplus. Also mentioned are investments, insurance, and the bond market.

The article focuses on the political and social conditions of various parts of the world. The first effect of U.S. President's announcement of the 59.06-cent dollar was a widespread expression of approval by bankers and monetary authorities and a vigorous advance in the speculative markets. The speculative rise was in part due to the fact that the rate fixed for the dollar was somewhat lower than that already prevailing on the foreign exchanges, but the reason for the general optimism went deeper than that. The National Labor Board was originally set up last August, to quote a statement by U.S. President Franklin D. Roosevelt at the time, as "a tribunal to pass promptly on any case of hardship or dispute that may arise from interpretation or application of the President's Reemployment Agreement."

The article focuses on banks of the United States. The annual convention of the American Bankers' Association was held in New York City last week, and was attended, first and last, by nearly five hundred members, representing, it is said, more than half the banking capital of the country. The subjects, which principally engaged their attention, were the resumption of specie payments and the outrageous taxation imposed upon capital employed in banking. Executive Patrick Coe's plan of resumption is regarded in banking circles, as an improvement on that prescribed by the Resumption Act. The latter assumes that resumption will be secured, so far as it is possible to secure it by the first of January 1879, by bringing United States legal tender notes to par with gold on or before that date.

The article discusses an amendment to the American Bankers Association's (ABA's) constitution, sponsored by Arthur T. Roth, president of Franklin National Bank of Long Island. Roth is calling for expulsion of the nation's mutual savings banks from membership in ABA. According to Roth, the proposal aims to end tax advantages that mutuals get but commercial banks don't get.

Several letters to the editor are presented in response to articles in previous issues including one on the boundary lines of the state of Texas in the August 4, 1956 issue, "Bankers of the World Unite -- To Lose Traditions" and "Better Camping" in the July 28, 1956 issue.