Wichita eagle. [volume] (Wichita, Kan.) 1886-1890, 1888-05-08


and IN 1860 much less capital than Is IN the
hearing OF nv voice tonight. There Is as
much brain and nerve gathered in South
West Kansas as ever gathered in Chicago
or any other city. Cries of yes, yes , Let
us then. as citizens of DEMONSTRATING con-
fidence in this our adopted state-iet US
build up center noted for its commercial,
financial and business prosperity, success
and development Let us, if we have
few spare dollars to spend spend IN that
and not travel for twenty-four hours for a
privilege so to do. Wichita has the same
advantages as Chicago, executing the lake
We have railroads instead of water lines;
instead of Quagmlres, pralrleS cultivated
and covered with growing crops.
Leone so express what / believe; and
having seen what | have in the past seven
teen years, it is for us to use that power
fairly and with business judgment and
nerve Then when we meet in years to
come around this board, 1t Will be IN
city of 100, 900, and we won't have to go
thing
At the conclusion Mr.. Walker read the
following letters of regret:
lThen came the banquet and afterwards
THE CHRONOLOGY OF BANKING, BY NJ. W.
That banking is the oldest business
known to man can be readily demonstrated
by reference to the authorities. | Will
briefly follow the chronology and history
OF the profession.
THE FIRST BANK.
The first repositories noted are the
Banks of the EuphrateS, OF which Adam
was the successful head-lt being we'll
known fact that these banks had the I'M
limited confidence of the entire commun-
ity, and were frequently filled to over
flowing.
THE FIRST DRAFT.
The first draft was when the Lord drew
on Adam for rib from which to create
partner for him He drew draft, the
proceeds of which have been duly honored
through all the ages
THE FIRST CHECK.
The first check was offered in the Gar
den of Eden when the serpent paid Eve
friendly visit to tell 'er of the legal reserve
of the forbidden fruit, and she being short
in her raiment Immediately avalled her
self of the Information and was thus en-
abled, as was proved by subsequent events,
TO cover her shortage.
THE FIRST DEPOSIT.
The first deposit was banked by Eve
when she asked Adam to credit her indi-
vidual account with the apple which she
deposited in his hand.
THE FIRST LOAN.
The first record of loan of which his
tory makes note was when for the first
time Adam went to lodge leaving Eve
alone (a-loan) without Adam as security,
thereby establishing precedent, which
with notable fidelity, aye, even unto the
Fidelity OF Cincinnati, has been cashiering
down the ages to the present time. Gen
erations yet to see the light of day will re-
view with regret this period in Adams
financial career Making due allowance for
human nature, it is not difficult to under
stand how Adam came TO waive security.
He was young in years; raw in financial
experience: the banking system Ill its
present state of perfection was centuries
beyond the flood. and over and above all,
the social circle was extremely limited.
For want of reliable data, l am not pre-
pared to say by what precise means Mother
Eve overcame the commercial prudence of
her lord and master; whether by her
charms of manner and person or by the
luxurious decollette simplicity of her at
tire; but certain am that the collateralS
put up on this occasion could not by any
Stretch of the imagination be regarded in
the light OF IA security.
THE FIRST BOND TO SECURE CIRCULATION
But it is only Kanscs City wind that
blows no good, and when Adam found
himself taken into camp he simply pulled
4.
Abel following, to mark the clipping of
the first two coupons due on this primitive
bond. This was the first bond to secure
all future circulation.
THE FIRST INTEREST.
The Lord took great interest in the
Garden of Eden, and the example then
and there set has been followed by the Ell
tire civilized world ever since.
THE FIRST CLEARINGS.
The first clearngs recorded was when
Adam and Eve were hustled through the
Garden of Eden, owing to the latter's vlo-
lation of the banking laws in making a
hole in the legal reserve.
THE FIRST RECEIVER:
A receiver was appointed who took
charge OF the institution with a sword
which was naked in order that it might
be in harmony with the costumes of the
elite.
THE FIRST CERTIFICATE OF DEPOSIT.
The times at that early period were not
ripe for the detailed bank statement of the
present day, and | am uncertain as to some
of the items composing tie resources and
liabilities of this first bank of Paradise;
but it is given out that current expenses,
taxes furniture, fixtures, etc, were light;
and it is charged that the first certificate
of deposit was put in circulation by Mrs
Adam, who offered it as part payment for
a liver pad, which she used for a change of
costume.
FRACTIONAL CURRENCY, SICKELs AND
PENNIES.
The item of real estate formed an i'm
portant feature OF the resources, until the
boom grew consumptiye, state OF affairs
which gave occasion for fractional cur
rency, nickles, pennies and sense.
THE FIRST PROTEST.
Thu ErSt vro, aSt was stoned bv Gains
tender for acceptance of his poorest fruit
of the earth TO the Lord, who promptly re-
fused to honor the same-no reason as
signed.
THE FIRST SPECIE.
The first specie was put in circulation in
Adams time when Cain and Abel in going
through the old mans pockets, made
raise, taking their find 10 Hutchinson to
blow it in for barrel of salt. 1t being the
largest coin that had ever found its way to
that city, they were asked what kind of
truck that was; to which the kids replied,
THAT is the dollar of our daddy" And
as the occasion of this gathering Is likely
to form chapter in the banking history
of our state, have been at some pains to
ascertain the facts in the case, and the
company can RELY upon this version as
being true to history.
THE FIRST LEGAL TENDER.
The first legal tender of which we have
any record dates back TO the Flood. When
Noah for the second time sent dove out
from the ark it brought him green
back"
THE FIRST COLLATERAL
The first case of collateral security noted
is that of the moral, unimpeachable and
immaculate young man Joseph, who left
his coat in the hands OF Mrs. Potiphar as
a pledge, which to most of Is would have
formed the basis for standing credit.
This brainless dude was the same youth