The Morning herald., 1877-02-15
CORD AND CRRBSR.
CHAPTER XXX.
sMITHEkS & co.

everywhere, we heard that this bank was
talked about, and knowing the concern to
be in sure hands we took it up. My Junior
has made arrangements with you which he
says have been satisfactory"
"Very much SO to me-" replied Potts,
"you have always found the money"
"And you, suppose, have furnished the
securities"
"Yes, and a precious good lot of them
you are now holding"
II dare say" said smithers, "for my
part have nothing tc do with the books,
merely attend to the general affairs, and
trust to my Junior for particulars"
"And you don't know the exact state of
our business" said Potts, in a tone of dis.
appointment.
mo. How should L? The only ones
with which am familiar are our Ameri-
can, European and Eastern agencies. Our
Engsh correspondents are managed by
my Junior"
''You must he one of the largest houses
in London" said Potts, in tone of deep
admiration.
"Oh, yes"
"Strange never heard of you until two
years ago or So"
"Very likely"
"There was friend of mine who was
telling me something about some Sydney
merchants who were sending consignments
ofwool to you, Compton & Brandon. Do
you know them."
81 have heard my Junior speak Of
them"
"You have been in Sydney, have you
not?"
"Yes, on my last tour l touched there"
DO you know Compton & Brandon"
81 looked in to see them. | think Bran
don is dead, isn't he? Drowned at sea-
or something of that sort% said Smitliers,
indiferently."
eyes, said Potts.
"Are you familiar with the banking
busness% asked Smithers, suddenly.
WELL no not very, haven't had much
experience; but | am growing into it,"
"Ah! suppose your directors are all
good business men?"
Somewhat; but the fact is, I trust
good deal to my cashier"
who is he?'
His name is Phillips, a very clever
man; filst.rate accountant"
!, "Thats right. Very much depends on
the cashier"
"He is a most useful and reliable man."
Your business appears to be growing
from what have heard"
VERY fast indeed, sir. Why, sir, in
another year expect to control this whole
county financially. There is no reason
why | shouldn't. Every one of moves is
successful"
"rhat is right. The true mode of sue
cess &c in business like yours is boldness.
That is the secret of my success. Perhaps
you are not aware" continued Mr.. Smith
ers, IN confidential tone, that l began :
with very little. A few thousands of
pounds formed my capital. Bat boldness
was my motto and now l am worth will
hot say how many millions. If you want to
n1ake m. money fast you must be bold"
pld you make your money by banking?" I
asked Potts, eagerly.
:, NO much was made in that way, but t
nave embarked in all kinds of enterprises; !!
lofeIsn loan, railway scrip and ventures in
s'ocN OF al sorts. have lost millions, but l t
,,aVe Is made ten times more than ever lost.
II you want to make money, you make a
money, you nust 60 on same plan." t
"eil I'm sure" said Potts, ppm bold :
'oagh. Pm enlarging my business every i
ay in all dir, c ious" s
That's right" b
II control the county now, and hope in t
notner oI4 year to 20 SO in different way g
How so?"
I'm :, thinking Of setting upfor Parliament. v
An excellent idea, if it will not inter- II II
re with the business" -
I'm 1t will not hurt it at all. Philips
IN manage it all under my directions, o,
esldes don't mind telling friend like = =
'a,that that this is the dream of my life"
"A very laudable aim, no doubt, to o,
ose VINO have genius for statesman n
lP. But that isa thing which is alto Pil
lner out OF my line. keep to business y
M now as my time is limited, I must he
It stay longer. L will only add that my III
'Plesslons are favorable about your bank, B,
d you may rely upon us to any extent to
operate with you in any sound enter
lse; 10 on and enlarge your business,
q draw on lis for what you want as be- On
e. III were you would embark all 40
available means in this bank" Y
Well, I'm gradually coming to that I tu'
nk," said Potts. in'
Then, when you get large deposits, as pc
Il must expect, that will give you addi- no no
nal capacity to work upon. The best foe foe
when you have bank is to use your 2
h in specializing in stocks. Have you cesI
ID that YETI" ceS y
Yes, but not much" q
If you wish anything ofthat kind done SO!
WI w ~ ior you. rea
But l don't know what are the best in 81