Idaho news. (Blackfoot, Idaho) 1887-1891, 1888-03-24

before christ TIE Dauk OF lllMin existed ara
paid Is deposltors ten per cent The bank of
Venice was established IN I'LL. and WAS Of
such high credit that It's bills we're ut pre-
MUM above coins, which we're frequently
clipped. Bank Of Genoa, founded Ia 1876
bank OF Barcelona, l40l, bank Of Amsterdam,
1899. bank Of Hamburg, founded 1919, its cir
culatIon based on great silver bars kept i1 the
vaults Bank OF England. started by VIII
liam Pattarson in 1852. up 10 this day Inanag-
Ing the stupcudons debt Of England; bank Of
Scotland. founded IN l0g5; bank Of Ireland.
1888; bank OF North America, planned by
Robert Morris, III, without whose financial
help all the bravery of our grandfathrrs woulf
not have achieved American independence.
But now VIC have banks in all our cities aud
towns, thousands and thousands. On
private individuals and great cor
poratons. IN them are the great arierie
through which run the currents Of The nation
life. They have been the resources OF tn
thousand OF hnanciers In days of bushes
exigency. They stand for accommodation
for facility, for individual, State and nation6
relief. At their head and Ia their manage
ment there is AZ much interest and moral wort
in any class OF men-perhaps more. H0
nefarlous, then. the behavior OF those who
bring disrepute upon this venerable, benlgnant
and God-honored institution
we also deplore abuse of trust funds, be.
cause they 1y IN the face of that divine good
ness which seems determined to bless this
exsmpled national harvest The wheat gam
blers get hold OF the wheat, and the corn gam
biers get bold 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 tue scrabble of dishonest men TO get
more than their share and get 1t at all hazards
keeps everything shaking with uncertainty
aud everybody asking: what nextf' Every
.tafff
bank presidents and bank cashiers have beer
specializing with other peoples money, ant
how many more bank directors are 10 inbecilt
silence letting the perfidy 20 on, the great an.
patient God only knowsi My opinion is tina
we have got near the bottom The wind ha
been pricked from the great bubble OF Amer
can speculation. The men who thought tina
the judgment day was at least 1000 of, found
II In 1888. 1887, 1885, aud thsnRtion has been
taught that men must keep their hands out o
other peoples pockets. Great businesses built
on borrowed capital have been oblit
Grated aud men who had nothing have lost al
they had. ! believe we are started on
higher career OF prosperity than this land ha'
ever seen, II, and II, aud IL
III the first men, and especially Christian
men, will learn Fever TO speculate upon Dor
rowed capital. IL you have mind TO take
your own money and turn II An into kites, &c
fly them over every commons In The United
States you do society no wrong, except when
poor house for the public to lake care Of But
you have no right 10 take the money Of others
and turn II into kites. There is one word
thst has deluded more people into bankruptcy
and State prison and perditon than any other
word in commercial life, and that is the word
borrow; that one werd is responsible for all the
defa cations. and entertainments. and fiuan-
cial considerations of tue last twenty years
When executors conclude TO SPECULATE with
the funds OF an estate committed TO their
,aIau a mt gRau faFais.
borrow; when banker makes an oyerdraught
upon his institution, lie does not commit a
theft, he only bOrrows When tho officer Of a
company, by flaming advertisement in some
religious papers, and gilt certificate OF stock.
gets a multitude Of country people TO put their
small earnings into an enterprise for carrying
on some undevelopeh nothing, lie does nor
frauduienilr take their money, be only bor-
rows. When Young man with easy access TO
| his EMPLOYERS money drawer, or The cOnfiden.
iial clerk bY close propinquity to the account
hoods, takes q few dollars for a Wall Street
excursion, he expects 10 put it back: he will
put II alt back: he will put it all back very
soon. He only bornows. What is needed is
some man Of gigantic limb TO take bis place
at the curb stone In front Of
the Trinity Church, and when thai
word borrow comes bounding along,
kick Il clean through 20 Wall Street ferry boat
and H. striking on that, 1t bounds clear over
| till il strikes BROOKLYN heights or BROOKLYN
bill, II will be we'll for the Gifts Of Churches
Why, when you are going TO do wrong, pro,
| nounce so long a word as borrow, a word Of
| six letters. when YOU can get shorter word
more descriptive OF the reality, word OF only
1 i've letters. the word steal!
There are times when we all borrow and
| borrow i ultimately, and borrow with the d.
| vine blessing, for Christ in His Sermon on the
/ Mount enjoins 'irom him that would borrow
/ OF thee turn not thou away A young man
rightly borr0ws money ~ get his education.
1 Purchasing a house and not able To paw all
| down in cash. the purchaser rightly borroWs
| IL on mortgage Crises come in business when
IL would he wrong for man not 10 borrow.
| But / roll this warning through all these
1 aisles, over the backs OF all these pews, never
borrow TO speculate: not dollar, not cent,
| not a farihing Young men. young men. ]
warn YOU by sour worldly prospects and the
| value OF YOUR Immortal souls, do not do IL.
4 There are breakers distinguished for their
\ shipwrecks-ihe Hanways, the Needles, the
| Baskets, the Douyers the AEderlos, the Skier.
4 ries-and many a craft has gone to pieces on
| those rocks; but Lave to tell you that all
| the Hanways, aud the Needles and the Cas-
/ kets, and the Skerries are as nothing compar.
| ed with the long line of breakers which bound
the ocean of commercial life north, south,
east and west with the white foam Of theiI
1 despair and the dirge Of their damnation; Tx
| breakers of the borrow.
II / had only a worldly weapon K
use on this subject ! would give you The
1 lANA AHNch Atotu JUG hAEASsh
that ninety per cent of those who 60 IN
| TO speculation in Wall Street lose all
but have a better warning than a WORLDLY
warning. From the place where men hay,
perished-body, mind, and soul-stand of
stand off! Abstract pulpit discussion mus
step aside on this question. Faith aud re
pentance are absolutely necessary, but faith
and repentance are no more doctrines OF tn
Bible than commercial integrity. Render t
all their dues. Owe no man ANYTHING. AM
while mean to preach faith and repentance
more and more to preach them. l do not meal
TO spend any time in chasing the Utilities am
Jebustes and Girgashites OF Bible times
when there are so many evils right around u
DESTROYING men and women for time an
eternity The greatest evangelistic preacher III
world ever saw, a man who died for hi
yangelism-peerless Psul-wrote to tn
Romans, ''Prnvide things honest in the sigh
of all menu wrote to the Corinthians, 80
that which is honesty wrote to the Philir
plans, 'Whatsoeyer things are honest; !
wrote 10 the Hebrews, 'Willing In all thing
TO live honestly" The Bible says that fait
without works is dead, which being LIBERAL
translated, means that il your business lif
does not correspond with your profession
your religion is a humbug
Here Is something that needs to be SOUND
| ed into the ears of all the young men {
America, and iteratcd and reiterated, II thi
country is ever to be delivered from II
calamities, and commercial prosperity Is I
be established and perpetuated, live With
your means