Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1869-05-01
Cory 0'Lanus on Banks.

This astnte philosopher enlightcns the
public with his bank experience. How
his willingness to accommodate a friend led
to his faith in banks being shaken, and
his chequered career in this path, is told
with charming simplicity:
Shakespeare says: Put not your trust
in banks" I don't put my trust in banks.
Nor my cash either.
l always felt able to take care Of all the
money l get. And more too.
l don't see why I should trust banks
they never trusted me. never asked
them to, but to obligc creditor of mine
who had singular hallucination ON the
subject Of my financial standing, let him
try the value of my name on check.
owed him some money. The bill had
been standing for some time ; but he had
not said anything to me about it, and |
hadn't said anything to him, because |
could afford to let it stand as long as he
could, and if he hadn't revived the sub
jcct. shouldn't.
lie did at last remind me of the fact, in
a very polite note, stating that he had
some engagements to meet. That is the
way with creditors, find. They arc al
ways making engagements, and expecting
their debtors to furnish the money.
But as I said before, he was very polite
about it, and merely said he would like TO
have my check for the amount. AS he
had accommodated me so long. I could
hardly deny such reasonable request. ]
sent him polite answer, requesting him
to nominate the bank on which he would
prefer the check drawn.
lie said he would leave it to me. what
ever bank my credit was good at. | told
him it was immaterial to me my credit
was just as good at one bank as at another
finally sent him check Oh the Wal
labut National Bank for the amount.
Naturally. I felt some interest in learn
ing how my creditor made out at the bank.
lie didn't make ont anything lie came
to me in more excited state than had
seen him in before.
Sir" said he, "your check is not
worth anything"
IL nm sorry to hear it," said I, "though
it is not entirely unexpected
4" "But why did you give me your check
when you had no money in the bank -
said he
Because you said you would like to
have my check, and when a man makes
reasonable request like to accommodate
him. il | can"
have had no faith in banks since then.
THE LATEST YANKEE DopGE.--Thc
telegraph informs us that bill has been
introduced into Congress to regulate the
price of cotton. 1t provides that the Gov
crnmcnt shall 60 into the cotton broker.
age business, and in order to compel the
planters of the South to sell to the govern
mcnt agents, il imposes tax OF three cents
per pound on all sold to other parties. 1t
then provides that the government agents
shall sell cotton at five cents per pound adj
vance on cost. and that the manufacturers
of the United States shall he allowed .
drawback of two and half cents per
pound. In other words, that foreign buy
crs shall be compelled to pay % cts. per
pound. but New England thieves may have
il for 22A cents This is intended to bc
one Of the most stupendous swindles ever
invented by Yankee ingenuity and Gun.
ming, and would soon make millionairies Of
every Yankee engaged in the manufacture
of cotton fabric. BY this means he would
have the advantage Of two and half cts.
per pound on the raw material over foreign
anufacturers, besides the heavy tariff du-
ties that the foreign manufacturer is COM
PEELED to pay. The price Congress pro-
poses to pay-25 cents per pound-if guar
anteed for eight or ten years, would make
all our planters rich, provided the labor
system was properly regulated, but it would
be eaten all up by the taxes to pay the in
Vulnerable horde of Office holders necessary
TO run the Government warehouses.
Ifthey establish the price ofcotton they
should also establish the price Of fabrics
made out of it by Yankee manufacturers,
as well a. the price Of corn, -four, potatoes,
meat whisky, tobacco, wooden hams and
nutmegs, shoes, boots, hats and everything
else raised and manufactured in Yankee
land. They have just about as much right
TO say what We shall eat, drink and wear, or
how often we shall say our prayers and
black our boots, as they have to regulate
the price Of cotton. Ifthe Government
can speculate in cotton it eau speculate in
corn and wheat, and might make pile
buying it all up and refusing to sell to the
outside world ut less than so cents per
bushcl advance ON cost, which would be
about equal to Eve cents per pound on cot
ton. Go it, Uncle Sam, you'll make for
tune specializing in cotton, and then you
will be able to give all-black and white
forty acres and a mulc.-Brando", Mss,
Repablica~.
GA three hundred thousand dollar ho-
tel is projected in st. Paul, to replaces the
recently destroyed International" The
city is to be asked to subscribe S5o,ooo
stock, and give bonus Of $4,000 TO re-
sponsible parties. who will erect the build