Los Angeles herald., 1892-02-14

Regardless of dividends, per cent or demand;
so thought Mr. Childress, who, thrice from his
! Arose to advocate measure so fair
dnere was, IN the affairs of all men, tide,
Which, taken at its ebb, is easy to ride
ON to fortune. That propitious time had now
And OF fortunes he thought we should not be
| deprived.
Just then Mr.. Hellman, with blood in his eye,
Arose, and the question knocked sadly awry;
And the way he went for that resolution
OF more ridiculous thing he never had heard
And to u,ge Its adoption was simply absurd.
In vain Mr.. Elliott arose from his seat
And the measure attempted to save from defeat
Twas plain to be seen the thing wouldn't go,
AS on TOO TOO many faces was stamped the word
IT move, shouted some one-Frankenfeld,
think
'That the matter be tabled and we all take
drink"
The motion prevailed; then arose loud cheer
AS our, glasses were filed with the wine and
the beer.
The question was settled, ridiculous or not;
Twas laid on the table and will soon be forgot
So hungry was every one (though filed with de-
light
They could not imagine where they would sleep
that night
The next course was oysters (served on the half
shelly,
| Which saved us from starving, and were bette r
than-well
They were good-and more easily digested
Than anything else we had that evening tasted
That we all did justice to that elegant spread,
Goes without saying. And twas time it twas
said
| The oysters, the turkey, the ehestnuts and the
pie,
Were credit to Stewart. For bankers don't lie
Meantime the chairman took in the situation
| Gas well as the grub and, from the delegation,
Selected our Chesterfield; Elliott by name
| (Well known to you all and likewise to fame),
TO I, read short paper that he had prepared
| Which proved interesting, and was so declared
He referred to its length, as he turned the first
leaf
And said, '.to be witty, one had to be brief"
The subject believe, was cooperation
| In banking, as adopted by some other nation.
Its many advantages were duly set forth,
And gave rise to ideas, which may prove of
That part of the paper regarding the fitness
Of managers of banks Il beg to bear witness)
Was good; The nail was hit, fair and square,
And truth will sustain him, in all that he said
Next we listened to Howes, who sometimes de-
His spare time to the subject of discounting
notes,
At least, / should judge SO, from the paper he
read,
And the many facts therein contained, on that
head
He said that banker ought to see at glance
Twas better to take interest out in advance
And insist on notes being paid when they are
DUE
Instead Of allowing every one to renew.
Twas sensible talk; so reasonable and fair,
couldn't help saying, Brother Howes, put it
there"
1C'S pity bQe Cledr1QB-uOuSe u0eSu' III Jake lime
To discuss all these papers II don't include
mine).
Mention was here made of the clearing house
gold,
But the nature of the talk ought not to be told,
AS the matters been fixed in very good way
And someone got left; SO there's nothing to
The San Diego failure was duly discussed,
And many fears entertained tnat others would
bust,
Especially those banks that pay twelve per
cent
And have, more money borrowed than what
they have lent.
But our clearing house banks have no fears on
that score,
As they are known to be solid and sound to the
The conversation now turned on the wind and
And the large sums of money the fruit men had
By reason of old Boreas' getting on tear
And playing sad havoc with The tiees every
1t was said that he and Frost, whose first name
Went through the country, giving the trees
As caused half the oranges to fall to the
ground,
And set ali the young trees back two years, I'll
1t might be well, though. to keep this matter
quiet,
Or even go further, and boldly deny it,
Inasmuch as it might. to a certain extent
Effect the tenderfoot, and settlement prevent.
Stewart thought a country, SO glorious as ours,
Blessed with such climate and beautiful flow
Would draw to our shore, at no distant day,
Plenty of tenderfeet, who will come here to
So, why should we worry, or express any fears,
On account CT blow which comes once in ten
years.
| He thought we should be happy, or thankful at
That we dwell among angels, and not in the
east.
Where they have to have caves and holes below
| ground
To crawl in when Boreas, on tantrum, comes
round.
What he saw and heard while back east in the
state
OF Louisiana, which he proceeded to do,
In his humorous way, and no doubt twas true,
What he said about the New Orleans conven-
ton,
Perhaps there were some things he didn't choose
to tell.
Which We took for granted, knowing him SO
One thing you can bank on, without any limit,
| If good thing came round, our chairman was
There was one other matter must not forget
Mr.. Wildman, who hadn't been heard from as
Now came to the front with well-prepared
On exchange, discounts and matters of like
nature.
He took this occasion to register kick
and Dick
For nothing; and he would like very much to
know,
Why this, like all other great bodies, moved
slow.
He thought the time had arrived to make a
bold stand;
That the banks should at once take the mat
ter in hand,
And adopt some rule, or in some way arrange,
To get some reasonable pay for writing ex-
change.
What further he said concerning our collec
tions,
Owing to the beer) l have dim recollections;
But the point he made was, as recollect it,
Twas easy to loan coin, but blamed hard to
collect it,
After hearing this paper so able and learned,
(The bott es being empty the meeting ad-
journed.
L. N. BREED.
Mr. J. A. Price, deputy inspector state tobac-
co warehouse No. 5, Baltimore. Md, says: One
of my children had been suffering with neu-
| F. r-.x lk.l