The Red Cloud chief., 1888-12-28


ne a~evs~ss syss-. e ss-.as.~dG
C-snsrs<ass si,A Thss AZ Eas;asl.
A rich rnan compelled 10 pawn his
watch fsra peal anda nights lodging.
Tbs, xas the strange sisS11iOn IN
which q young craftsmanship had
aus. iarx:ec in New York tbrnd hin-
self the other day. he had arrived
from trio we,a iaiies Ehers he invest
ed nearly all the mos.ey on his person
In q DRIFT for two hundred pounds on =
Ses YORK bank. Anxious ~ GUS 4
train for -. Louis the ssncday he hur-
ried 20 TIE bank for his money. The
teller refused TO pay the dras; unless
he was identified.
Add The youSg uEla was an absolute
stranger in New York;
Your people in the West Indies
took my good money for that draf. and
i wan; 1: back again. Am to infer
that this Is = Bankrupt institution"
He got no. satisfaction. lost his train
and had 10 pawn his watch for q meal
and a bed. a felbw-paesencer idenu-
tied him the next day. ! was DISCUSS,
ing this matter the other day with q
very liberal American yho has had
much banking and mercantile expo
rieaee here and abroad. Nothing
looks mere ridiculous 20 . London
mercantile MAJ than to $50 a long
string of persons with books in their
hands, waiting ~ make u deposit
through a cubby hole with q solitary
receiving teIlsr-and IL is the Same
with the payment OF money. A bank
with a large business ought TO have half
a dozen receiving and as many paying
tellers at large, wide open counters.
Why all Theses cages and ratings and
bars and peep-holcs through which
you are occasionally permitted to
catch a glimpse Of the tellaFs nose.
who suddenly and unwilliuGlyrha bands
you your money? They dG18 have
these things in England and f6bb6kies
in banSs are very rare. Here. despite
all these precautions, they fire.
duent and a large proportion are COM
mitted by those inside of the railing
and not outside OF it. My hypsrcriti-
cal English friend said:
II do not like to be looked upon
when l enter q New York bank Q
stranger as ii ] had n natural predi-
lection for perjury and forgery. for the
teller is not satisfied il you tell him.
your right name and even sign it-you
must be identified. In England checks
are usually r1sde payable to bearer.
Shall / cross it?' asks the drawer.
which means that by drawing two
lines across the check and inserting
the words bank Oh Ca between thc
lines the money can only be collected
through Il bank Or banking firm.
Otherwise any .ba.rer' can get the
cash ut the bank withcut any questions
being asked except How will you
have itP may send any body with
my check payable to bearyr Cor 500
pounds to "A bank and he WIN ge. thu
money without any troyoie- A frien&
Of Inine some years jSo gave me Z
check for l 100. p;x Natic2nsmy myself OF
bearer on the SixNesented f. >spk Of
Yorh 1.-THE teller. .Neithsf
3 pea Sure OF yosr acquaiutl
was the Answer. bat my nams
is On the cheeky snd | am also the
bearer Cant yk%p it; it's too
larceSn amount to- Ifvs = stranger.
and you mus. be ncntifed.' MY
friends arc out OF town,A said /. and
President Arthur is in Warrington. I
can't very well send for hiA.' We'll.
| won't give you the money! Then
write your reasons on the check
No, l won't do that Then said
I, 4 am o newspaper man. I shall |
this check and proclaim in
Wall street this afternoon that the |
Sixth National Bank refuses to honor |
checks drawn on it, l got tho l
money!. b. Valentiac. IN Ruadsk \
Press. i