, 1874-01-12

will DO obtained ut tota expenditure of 975, 900
to $10o, 900, md their removas from their proB~
ont quarters would loayo room enough for tho
administrative Offices OF both city and county.
[
A MODEL BANK PRESIDENT.
The examination Of tho pscsldent Of tho late
Franktfn Dank, hlr. Fernando Joncg, by tho As-
a1guce in Bankruptcy, van not calculated to as
sist the latter gentleman in hia search for nfor-
nation. Furthermore. tho examination Of the
testimony, which VAS printed III TIN TRIBUNE
Of Sunday, is not fattering to Mr.. Fernando
Jones. whom one calls to mind tho philosopher
| whose benign countenanco hAB beamol no bland
II above tic bank doors upon dopositorH, and
taught silent lessons Of prudence and thrift
upon checks and drafts Of the inatitution Of
| which Poor Richard and Mr.. Fernando Jones
have been tho dumb fguro-hoads. Whateyor
else may bo charged against tho philosophical
| Benjamin. and there have not been wanting ,,,,-
charitable people who have rnked up all Aorts of
| peccadiIiocs in which he waa engaged, ignorance
oil the subject Of dollars aud cents cannot be
laid at his door. Comparison in this roBpect
shows that botwcen Mr. Fernando. Jones and
tho philosopher there is l., wide, inl-
passable gulf. Tho Aaaignoe in Bank
! rupsey pumped Alr. Fernando Jones
! vigorously aud assiduously for facts. and
tho result was;, nil. The ignorance
Of Mr. ssFornando Jones concerning my
! matter Of fact connected: with tho Franklin
Bank WAS unique, complete, gigantic. and
| touching, and tho longer tho Assignee pumped
| and tho moro the pump whoezed, tho leas Mr.
Fernando Jones seengd to know. II tho AS
| aignco Ind pumped little longer, and tho pump
| had not brokon We have no doubt 1t would llnve
boon definitely established that Mr.. Fernando
Jones didn't know whether he was Mr.. Fernando
Jones, Or Bonjasn franklin, or nati9o of tho
Gold Ooaat OF Africa. Wo havo no dosiro; how
ever, to impugn air. Fernando Jones' general in
telligencc. There may be subjects concerning
which ho knows groat deal, but tlo late
Franklin Bank is not one OF E1oHo subjects.
Hereaftor, tho Precise value Of q negative
quantity, which has somewllas distracted matho-
| matlcians, may be easily estahlialoa by rofer-
ence to Mr. Fernando Jones. This eminent
tnaucier has completely upset all tho al1ir1na-
tions Of Dabo1l nna axioms Of Euclid, and has
shown that nothing mny be- ad:lea to nothing,
subtractod from nothing, multiplied and divided
| BY nothing, and that there ar, ovcn multiplos
| and frnctaons, square routu. ..,.d cube roots,
1ypothenuses, and isosce]ea trIapg1es of nothing.
1u atluding to what NIr, Fernando Jones docs not
know about tho Fraultlin Bank, there is m e1n-
bagraaameut Of riches at tho very outset; but VIC
ahall try aud Gull out aome OF sho choicer Mega
tive gonna, winch must have kept tho prudent
old philosopher over the bank door i'll state Of
chronic aatonislment. l. A1r. Fernando Joues
didnft know he was the Prcsidunt Of tho bunk
until Homo time Ritter tlao e!oetion, and then
didn't know TINT tho institution was
going to close until sonle timo after
it Aad takon place. That ia d good
commencement for Bank President, aud
between theae two extremes Of Ignorance It is
not surprising TINT we find rich crop Of know-
uothngsm. =. Mr. Fernando Jones WAS under
tho impression that thora was Board Of Trus~
tees, but he didn't know whether they had any
business to transact, OF What TINT business waa,
3. Aa 1t WAS very troublesome for tho Trustees
to meet together and keep record Of their pro-
coodiugs, Dir. Fernando Jones' didn't know that
1t was important. and so thoY didn't hold any,
4. Mr.. Fernando Jones nude desperate and frau-
tic efforts to learn how tile assets and liabilities
stood, but not ho{ng able to understand tho
booka, ho gave it up, and, with cltildlike inno-
cencc, placed his faith III Briggs. q. Mr. For
nando Jones did not know whether the Commit
too called for by tho bylaws Of tho Company
lad regularly examined tho afTaiss Of tho bank
but Mr.. Briggs, or 1Ers Tllotson, or Gen.
Sweet, or Alr. Childs,-or Tenn, Dick, or Harry
might have done it. G. Mr. Fernando Jones did
not know what tho renl available asaeta Of tho
bank were when he became President Of it with
out knowing 1t, nor how much canh thoro WAS III
tho vaults. He thought ho bud l'een regular
balanca-ahcot OF Mr.. Lombard's account in Mr..
Briggs hands. but did not know by whom 1t wap
made out. nor how full or regular it was, and, iu
short, know nothing about 1t. He did not know
whether Mr. Briggs had any papers that would
throw any light OH tho accounts Of tho difforont
customers OF the bank.
But Wo hayo not the Bpnce In q single issue of
THE TRIBUNE to toll all that Mr. Fernando Jones
does not. know, and the rocapitulation would only
weary our readers. In looking over the volutni-
nous negative testimony, there ia momcntary
gleam OF aunllght penetrating TINT gloomy buse-
ment in which Alr. Fernando Jones hold tho retns
ofpower wlthont k11owlng 1t. Mr. Fernando Jones
does know that lie paid Ut, 600 for hts stock with
n nm Hrnrnfrrftsa hnYtfr brT
diaeouut Immediately from the franklin Bank
for 5000, deposlting his note. This would
be refreshlng relief 1t 1t wore not 10 short
lived. immediately the clouds congrogato more
1enaelY than bcfore, tho auu Ia ohacural aua