The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-05-21
NOTABLE FORTHCOMING BOOKS.
Ex-Postmaster General James and George
S. Coe Will Write Them.
Especial Correspopdepce.J

| Especial Correspondence
| NEW YORK, April 27.-One of the most
interesting literary developments OF recent
| years is the ambition of men whose careers
have been very successful, either in the
field of business or political energy, TO
write book. The old proverb that every
man has in him the materials for one
book worth publishing seems likely to toe
very fully exemplifed. Ex-Postmaster
General James, for instance, Is seriously
considering the writing of a story Of the
growth of the postal service of the United
States, enriched with anecdotes and illus
traJions, of which his experience has fur
nished him so many.
General James is very busy man, and
has not yet been able to find the time TO
devote to this work, but by and by, when
he Is able TO take more leisure, it IS highly
probable that he viii undertake a sort of
popular history of the mighty expansion
of this service. Many of the suggestions
ont of which the postal car service has
been SO magnifcently developed are his,
and he is familiar with the inside history
of this service for the past twenty years,
and much of it would furnish most thrill
ing and dramatic reading.
Mr.. George S. Coe, who IS one Of the
leading bank presidents of New York, is
even now at work upon the story of the
great financial crisis of 1861 and 1862, and Of
the way in which il was met by the gov
eminent and the great bankers of this
country. The story as he has told it to his
friends in brief has all the charm of
romance. Even the tale of Monte Cristo's
discovery of enormous wealth is more than
rivaled by the history Of the way in which
the government pleaded its poverty TO the
great bankers at the beginning of the civil
war, and the manner in which these bank
ers, opening their vaults, put az enc time
So, 10000 into the hands Of the govern
ment, and received as security therefor
nothing but the promise Of the government
to repay the loan. II was most dramatic
meeting on the dismal evening, soon after
the war broke ont, which was held al AIr.
Goes house in New York city.
A dozen bankers were there. In their
vaults they held much Of the gold then
available IN this country, and they held
something which was even more valuable
than this gold-they had the power to en-
hance the credit Of the government or
dangerously 20 depreciate II That grsa.
man, Salmon Z. Chase, who was LncoIn-s I
hrst secretary Of the treasury, sat facing I
these bankers he told then the story q 4
the governments uee3s-that is treasury
vvas practically bankrupt; that its credit 4
was % poor that foreign nations doc btsd i
IL would be able to raise money 20 /
carry on the war-and lie ASKED these bank
ers pleadiugiy and pla!rtive.y what the
government should do.
Then, one after another, these men 81
millions, who also pnssesssd the povger %
afIec: the goTsrnmsnt credit spoke their
nlods; Rot one OF them faltered. They /
70 do what "a times % ordinary |
banking might have been regarded a. de-
Israte ard IL advised, but they sala tnzt
The credit Of The goTeramea. was Of r..ors
Importance than the credit Of any bank.
nd the faitn Of the government saouId lie
Upheld u u7ea 81 millions - NJ. Cee
els the story ne scene was thrilling and
1GiEetlc i IL EJTernEnent. represented |
y lts secretary q toe Treasury, pleading.
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Tlthouf hesi.asion, Just as Ire plain r,eo-
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Ixn&
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