, 1875-08-28
to hts books N II to innriy that his views had
! lcen sufficiently e1presso4!. whcreupon ths ro-
uurtor WilJultow,


l1r. ". d. OGtfcn, President Of tho Cook
Couutr Savings l.ank, not bolng in h'a ofIlea tho
rsrurtss held tho following conversation with
The CaBhier. Mr, q. II. atliiIktn:
l!cportcr-I l,ayo called. Mr. afilliken, 10 ask
q fcs qnostiona in regard to tho failure of tbs
Dank OF CaIlfornis.
Mr. M.-Eery we'll, air; know vory listo
about 1t. but am 1t your service.
Neportcr-Your bank has, then, no trsnsac-
tiops IN San Francseo7
slr. M.-Nono Whatever Ths ls ruro'y
ltcportes-Whas is your opinion Of tho effect
Of tho taa!ure upoh ChIeasoi
Mr, M.-aly opinion IN that IT Will at!cct tIl-
cago about al mu"!l M II it occurred III AuetraIA
Or tic Bat.iwc}. Islands.
Neportcr-l}nw ntU,lt tho Eabtern hanks7
Mr.. MI isnaguo that they arc as Iit'lo af-
lseportor-Ila,, you heard anything In regard
TO tho ra,lacB Ut the fhilntsF
Mr.. M.--s,ock rrncl'lation. that was all.
hayo tlnlotttoui fur suscral weeks that there
was fcclrhg Of tiistrust in rsgara tn Tho hal,k
At,onE we!l-lnfornio bankorA in sau FfaBcisco
It was suspected that the bank would be hard
rGRllel to sustain lis credit.
Hcpottrr-A1'd get our dispatches Say that
tue !nuro WAS an utter surprise to everybody.
6tr. M.-Undouhtedly it was to Tho majority
of people. but, as SAID, there nro fow men in
San Franciecu who werc not at all surprised.
ar. MilliHcns attention WAS here t,rcricd by
sere,al customers in Waiting. aud the reporter
ra1llel forth III YucHt OF furtAor information
ftotn other Fourccs.
dR. sNYpAcKEH.
ar, 8nydacker, Of tile woIl known banking
tIEm Of SUydackcr i Co., In l'aal,er Block, mas
next siatel. I1u wss found i,el,iIl tbs couator,
pad o1preasod himself really to be intessioucd.
Eeporter-Wlat do YOU think Of Tho failure Of
tie gaeRtcst hank In San Erancisco7
Dir. s.-1 an not much surprised.
Il1postor you nluat have An accurate
lnovledEo ct tho enuse7
ME. 81 havo boen aware, OF course. ~ oYcry
hankor hhs. that tie Hank Of California was in
yo!rcd In vast srcculsttons lta mining oper-
atious ltaro bocu Too extensive for safety. The
vonaof Ia that il has not faiol before. Every
man or corporation which engages III yontuses
is liable to lose, aud a. soma ilmo Or other, IL
atre TO moct reyesses.
llepQrtcr-Will the failure affect CLlcago7
BIZ. ST. don't eco how 1t can III nny way.
Our banks, with the exception OF tho Union
kAIOnat, hnro had little or no TRANSACTIONS with
the Bank of California. As Tor our other lsncs
Of buslncHn, they cAnuot bo affected. Sau Fraa-
cisco il a metropolis, and does not buy goods in
Chicago. II ls about tho Fanla as q toIclgn
tuWu, an far ~ Mo aro concerned.
]. M. ADSiT.
Tho reporter. tn tbs colirse OF Ills pcrambula-
tions. dropped into tho private otlco Of J. II.
Als.t. AhoAo banking ll0uso ls at No. u Clark
street. The following conversation ousued:
Reportor-Mr Ads!t, I tlaye called to sak you
n few questions in regard 10 tho failuro VI tho
hank uf California.
Mr. Al dnn't know anytlfng about 1t,
ltefnrtor-Ifavo you lad any dealings With
that unto, tunato concern?
Mr. A.-No.
Ropnrser~-Nhat do you think the OBJECT will bo
upon ChicaEo7
alr. A.-None xbatover.
llsporier -ur in tue East.
Mr.. Al don't know nnythng abont It.
ltepotsor-l1aye son hoat1 anything relative
to tho causos Ut tl,e fAiluro2
Mr. A.-So. l mover ca!od 10 know anything
about the internal Affairs Of thlt or Ruy other
baak except INV own,
Wlll t4is Encouraging remark s1r AdHit
tnrued to his desk mud resumod f,ib Htlliug.
M4Qleurou Tho reporter bala him auIru.