The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1875-10-14

prIatlnS 10 MS own personal ana S0mp-
tuous uses the moneys intrusted to his
safe-keeping by his banks customers.
Those princely palaces and paradises he
called his homes, and that sumptuous
extravaganza he called thospitality''1
had eaten up not only his own little for
tune, but the fortunes Of his confidential
friends and neighbors, and, indirectly,
as the effect of the widespread panic
that followed his failure, forced thou
sands of people throughout the country
into bankruptcy. The Man of Splurge
does every thing on big scale, and in
this case, his failure was the sbiggest
thing out -
Shortly afterwards battering-
ram Of panic having been brought to
bear against all sorts ofwalls and shams
-many another air-castle of the finan-
cial Splurges succumbed and fell. Wall
Street is to this day full of the debris of
their ruins. The Men of Substance
withstood the shock, as they do all such
emergencies, but the Men of Splurge
collapsed, some of them instantly, but
all of them inevitably. Being mere
creatures of chance and hollow SEEM
upon their fellOw-men-parading osten-
tatiously with borrowed plumes and
stolen banners-it needs but a tempest
or two of adversely to shatter them to
pieces and exposetheir utter hollowness
and worthlessness. The dashing, reek-
less, and brazen
JIM FISK
was a conspicuous example of their
tribe, and his ending was a fair speci-
men of how they come ont sooner or
later.
The great financial firm of
| DUNCAN, SHERMAN Il co.,
the recent failure of which astonished
the world, owes its fate entirely to
Splurge. The man Duncan expended
more money-his customers deposits ,
of course-in princely houses and lux
( urious ststyle" in one year than his
bank earned legitimately in five years
He was one of your ssmagnifcent" fell
lows, who was never satisfied or happy
so long as other Men Of Splurge in OF
around the metropolis drove faster
horses, had bigger houses or larger
Flgrounds, entertained more brilliant.
Ily, or made greater social or fash.
ionable'' sensation than he. Such
"style' costs money, and a vast amount
of it. Not even the Rothschilds, with
all their stupendous wealth may, moi
even Kings and Princes, with all thf
millions they squeeze out of their abjec1
subjects for their own support and gra
tification-could afford, for SO many
! continuous and extravagant years o
ostentation, to live and carry on as d.
our Men of Splurge.
We cannot in silence pass over
II b. r. ALLEN,
!, the "great financier'' of Iowa, wht
located in Chicago and bought bank
/ and who gloried in the fact that h
owned the finest residence-pa palace ives
| of the Mississippi-at DesMoines-ant
, owned and occupied another great pal
ace on this side of the big river-il
Chicago-and whose ambition it was t.
have his hand in every speculative pot
8 | pie that he could hear of. What
r ssmash-up'' his was! How utterl
hollow and baseless his pretensions Q
wealth were found to be when he wa
: pushed to the wall and forced to sho,
his hand! A delusion and a snare
: bag of wind-an impostor, who by hi
Y great pretenses and extensive Opera
o lions had deceived scores of his bes
o friends, and ruined them utterly
r Splurge did it-personal extravaganza
r and foolish ambition to be regarde
Y as at the very sstop of the heap" |
Y his case, as in the case OF every finar
n cial Man of Splurge, it was only que
/ ton of time when tthe bascless fabrl
q of yision' which constituted all h
IS pretended wealth and greatness shoul
It be knocked out from under him, an
: his glory suddenly end in the most hid
d ous darkness.
n But the latest and most appallin
T. termination of the career of q financi
= Man of Splurge is that Of
II RALsTON,
J. with his Bank of California. Here vi
). a magnificent man in the superlati'
d degree. His like has never bel
,e known, probably, since the time
70 King Solomon, with all his glory. T
N was builder of temples and the +
J puted owner of vast possessions. II
,e homes-one in the city and another
IS the counfry-outdazzled the shinir
l. and luxuriant palaces Of the orient
lg Princes of antiquity, costing millions
le dollars to establish and millions ann
is ally to maintain. His country-seat W
to like the home of a King -unsurpass'
IF and unsurpassable. He had drove
s. fast horses, and an army of men-se
,f wants and maid d-servants. Whatever
id wanted he bought, whether the purcha
i able thing was silver mine "a railroad
of political party, q theater "a farm, a ma
a. ufactory, q newspaper, a hotel, . Leg
he lature. CongreSsman. or a steamsh