The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-24
Bank Machinery.


friend of mine has just handed TO me the HsRLD OF
Sunday last in which of rny craft replies 10 my
communication Of last week l beg leave to ay that,
in giving pcity to my views respecting the siauos Of
bank clerks my object was simply to show that tue
salaries received by clerks In banking institutions was
not commensurate TO the service rendered and the re-
sponsblitics incurred by them The matters a. stated
by mc were substantially correct, and "Bank Clerk"
nee Cashier who has taken mp the subject knows wha,
have said be substantially correct although ho has
had but ''sevcra years experience in bank' think
he Is not an apt scholar he would haze ported bis
account with certainly little more accuracy. Wh'n he
mikes his trial balance he will find am right Bank
Clerk, make, a gratultous alusion whom he snys
that a person who has been clerk as long az
I have uboconies "a machncn Now, 1t Is well
known anon, our clerks, that this is common
expression used by bank officers TO old aud faithful
bookkccpers and hence ,he remark don't astonish mo
confess that after years OF hard labor and toll may
have become machine, and compose part Of the IN
,ernal machinery Of n banking institution But know
how the machinery works and, being part OF II, am
well acquainted with the Chief and issi tli Engineer
uhe President and Ca-hicrl and that when The boiler
bursts It is not the Of the machinery, but OF the On
cinoers who run H. Now | hardly know Of bank
CLERK who has dcfauded any those nstution' which
certainly speaks well for bank clerks
! Pccuiaons and def"lcaiious have been performed ey
4
pr,sdcpts Lot me say word IN behalf of the tclcrs
These gentlemen, general thing, pas, scr by step,
through the dterent grades, 10 Obtain teir positions
and the position Il OF bIo, dccacy and % responsi-
by They a.e mbicctcd 10 more temptations than any
OF us and are led away by the officers Themselves by the
tickct system. II is this system which causes them
| to 20 asray | rot Disposed TO make revelations
hut every bank clerk knows NIL about H. and cascrs
/ stil more they are the ones who make by the
operation
when The paying teller the chief aud the assiani
nduqing the "icke Of leave lnc the Devil or one
of the engineers puts him In the WY o H. aud then io
ogocS In" Oh his own account and then--c1nies the
| gf,nd explosion.
spcctng their appointments many ~ The banks nave
gone into the "imporng' business and Imported cas
iers from abroad and in this way oveIsaugned 'neu,
clerks. This s, perhaps the reason why remain Ps''
Does nauk Clerk,r with his "severo years cxpct
enceu know tiiat Il has been the custom ol .e ~, ~,
cashiers 10 make daily visits to The note NJ
up paper and that too when his pank , noes he
many others refnpes to Discount eood no,cs' - s m
know also that large firms occasionally have nm sr,angs
ent with bank officers 10 the cHect tba' .,,
kecu an average balance OF twenty houeana uoIs, wv
can have Iinr of discounts given thcm W o''e s
thousand dolarsp IL this lcgum,tc OF ~ r"l. o VIZ
new systcin of banking There ~
made twenty-five years Wo "Dank ueIN sr.sN, r a ~ =
A true asl,er when he says thai ateI wsuyu's y"s, M
~ scyvice In bank your correspondent shous iccl ns
sr,evca 4, no ono but himself that hc has not become
cashier ,eisb the opportriiy N mako fortune n "
/. ! ,oannsr bc deecribcs" II Bank Cleff entertain
srei' viecs lave no doubt he would make splcndi
cashier add wonN follow in tie fcosicps Of many os
rredecassora and when ing leave Hchird hun ~ NV
money - NV dSswisd frsnSs "'a Nc oertaoN H4Y|