New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-26
a FAMOUS "BEAT.n
" TIE LONDON TINES AND THE BARRING
CRISIS

THE STORY TOLD BY THE RETIRING c1TY
EDITOR.
From The Westminster Gazette.
Looking back over your work for The Timea'
what do you consider the best thing you have evss
done?"
Mr.. Crump showed little hesitation in answering
this question. Beyond doubt" he replied. the
biggest coup which l ever achieved on behalf OF
crisis OF tS Mss ana ec o e
as you will doubtless remember, had the exclusive
announcement. suppose it is no exaggeration te
say that never before nor since has piece or
financial intelligence of such tremendous import
been the exclusive possession Of any one paper OF
as We all know" added Mr.. Crump. with laughi
but all the same: ! cannot help concentrating
sustaining its reputation in this respect on tina:
occasion 1t was The Times, , first and the rest
How did l manage it? Well, it was not easy,
and 1t would take too long to tell the story at
length. The first direct ntimation had OF any.
thing amiss was received from a well-known fnans
cier, whose name it is needless to mention, whe
called on me here. He was evidently In state OK
great excitement but beyond the bare hint that
some terrible financial calamity was impending ne
could divulge nothing. cannot tell you he said.
in answer to my inquiries; 1t is impossible. How
ever, what he had told me was enough to convince
me that something serious about TO happen,
and to determine me to leave no stone unturned
until had discovered what 1t was, even II II IN
volved my remaining at the task all night &C
cordingly I instructed my assistants to keep the
office open and to await my return, ana saiied
T pst need seS not t' now state Suffice it to say
ne was and Is a very important parsonage In the
financial world. AS ii proved, beyond the mere COR
roboration the fact that some grave trouble was
at hand. he could give me no Information, ana !
was compelled to depart no wiser than had come
pursuing my inquiries elsewhere, Iounu my
way eventually to the Bank OF England wnere !
was I'm hopes / might discover what was seehms.
1t was past closing time when got tnete. nv
clerks and officials taking their departure.
and not until | made myself known did succeed IN
obtaining admission through the halt-cosed doorS;
Having done so. however. l made my way Win an
speed TO the directors quarters ana on DONG SO oV
rx,al at presence
about that something unusual was afoot MY sus-
picons were confirmed when on entering me ant
found the place all lighted up anu iearn ~
on inquiry that Notwithstanding the lateness OF the
hour, the directors Of the bank were wlthin ~
council with the managers OF various otner sreat
London banking institutions or course realized
at once the profound significance OF THIS, anu soon
made up my mind what TO DO: .
II sent in at once IA note to the Governor. ano
asked Mr. Lidderdale to see me. To my delignt ne
came out almost Immediately, and accompanied me
into an adjoining waiting-room FROM ms mahnes
l saw Immediately that the situation was serious
but more than this could not ascertain at nrs.'
At length however, put the question point blanNs
is II Barings? He did not answer but siighty III.
correct DO ! understand then, pursued tnat
Earrings in position which necessitates recourse
to outside assistance" Again Mr. Lidderdale SIG
nied assent In the same manner as before Anu
necessary for my purpose. Before there had been
suspicious but they were only suspicious ana un'
I'll they were verified could not be acted upon.
Now had obtained my verification, ana the une
my office forthwith. and the next day all the world
was In the secret" 49,, -
Certainly 1t was a famous journalistic coup. ana
Mr. Crump's note OF triumph Is not unnaturat
to learn that in politics Mr.. Crump Is an ardent
Liberal.