The news and herald. (Winnsboro, S.C.) 1877-1900, 1888-04-21

years, have plenty Of sheriffs out thu
same day to arrest all the directors
They are guilty either of neglect o.
completely.
sol, !" some one will say. "bette,
preach the gospel and let business mat
ters alone.n ! reply: "If your gospe
i does not inspire common honesty in the
dealings of men, the sooner you close
up your gospel and pitch it into the
depths of the Atlantic Ocean the bet
ter.
AN ORTHODOX SwINDLER
is worse than q heterod,hx swlndler. The
recitation Of all the cathechisms and
creeds ever written, and drinking from
all the communion chalices that ever
glittered in the churches Of Cllristen.
DOM Will never save Your soul unless
your business character corresponds
with your religious profession. Some
or the worst sc0undrels in America
have been members Of churches, and
they got fat on sermons about heaven.
when they most needed tobAYe the pul.
pits preach that which would either
bring them to repentance or thunder
them out of the holy communion, where
their presence was q sacrilege and an
infamy.
We must especially deplore the mis-
fortune Of banks in various parts of
this country, in that they damage the
banking Institution, which is the great
convenience OF the century, and indis-
pensable to commerce and tue advance
Of nations. With one hand it blesses
the lender, and with the other it blesses
the borrower.
THE BANK WAS BORN wy
OF the worlds necessities, and is svener-
able with the marks Of thousands of
years. Two hundred years before
Christ the Bank Of Ilium existed, and
PAID, it's depositors ten per cent. The
Bank OF Venice was established in I'LL,
and was Of such high credit that its
bills were at a premium above coins,
which were frequently clipped; Bank
OF Genoa, founded In 1345, Bank Of
Barcelona, l401; Bank of Amsterdam,
i6s9; Bank OF Hamburg, founded 1919,
its circulation based ON great silver bars
Kept III the vaults; Bank Of England,
started by William Patterson in 1912,
up TO this day managing the stupen-
dous t".ht Of England: Bank Of Scot
land, founded in 1895; Bank of Ireland.
1888. Bank Of North America, plan
ned by Robert Morris. l771. without
whose financial help all the bravery of
our grandfathers would not have
achieved independence.
But now we have banks in all our
cities and towns, thousands and thous-
ands. On their shoulders are the in
terests of private individuals and great
corporations. In them are the great
arteries through which run the currents
Of the nations life. They have been
the resources Of thousands of financies
in days Of business exigency. They
stand for accommodation, for facility.
for individual, State and national re-
lief at their head and in their man.
agement there is as much interest and
moral worth as in any class of men
perhaps more. How nefarious, then.
the behavior of those who bring disre-
pute upon this venerable, benignant
and God-honored institution
We also deplore the abuse Of trust
funds, because they fly in the face Of
that divine goodness which seems de-
termined to bless this land. We are
having the eighth year Of unexampled
national harvest. The
WHEAT GAMBLERS
get hold Of the wheat, and the corn
gamblers get hold of the corn. The
full tide Of Gods mercy towards this
land is put back by those great dykes
OF dishonest resistance. When God
provides enough food and clothing to
feed and apparel this whole nation like.
princes, the scrabble of dishoneso men
to get more than their share. and get it
at all hazards, keeps everything shak-
ing with uncertainty and everybody
asking, "What next?" Every week
makes new revelations. How many
more bank presidents and bank cashiers
have been specializing with other peo-
ple's money, and how many more bank
directors are in imbeclle silence, letting
the perlidy go on, the great and patient
God only knowsl
My opinion is that we have got near
the bottom. The wind has been pick
ed from the great bubble of american,
sle:ulation. Tho men who thought
that the Judgment Day was at least
5000 years off, have found it in 1888,
1887, 1886; and this nation has been
taught that men must keep their hands
out Of other peoples pockets. Great
businesses built on borrowed capital
have been obliterated, and men who had
nothing, lost all they had. ISbelieye
we are started on higher career of
prosperity than this land has ever seen,
If, and If, and If.
IF the first men, and especially Chris
tian men, will learn never to speculate
upon.
BORROWED CAPITAL.
If you have mind to take your own
money, and turn it all into kites, to fly
them over every commons Of the United
States, you do society no wrong, except
when you tumble your helpless children
into the poorhouse for the public to
take care Of. But you have no right to
take the money Of others and turn it in
to kites. There is one word that has
deluded more people into bankruptcy
and State prison and perdition than any
other word in commercial life, and that