Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-07-13

gathered ami were discussing the situa-
ton. A man rushed up and had news
direct from London that the failure Of
Barring Bros would be announced next
day. A man leaped from the group. the
perspiration standing in great beads on
his forehead, his face liyid with excite
ment, while he fairly shrieked in reply:
my God, man, it is impossiblel Barring
Bros. fail? If they fail, the Bank of Eng
Land goes down, and the financial world
must collapse" He could not believe it,
1t meant with him life and death. And
yet the rumor was confirmed the next
day. How were we saved from finan-
cial ruin? 1t was announced with the
announcement of their a lure that the
Bank of England-islt Is. the govern
ment Of Great Britaia-with all its
matchless resources. had come to the
rescue Of Dlrins eros. and saved them
from collapse. Thus was the greatest
] financial disaster of this century averted
/ by the interposition Of all the resources
of the next greatest money empire to
ours in the world.
We We're threatened with ruin in our
financial center by whom, by what?
England was threatened by whom? A
firm of private bankers had been specu-
lating in Argentine securities in South
America. The money speculations of a
hrm of private bankers had brought the
English speaking world to the verge Of /
financial rain The only thing that po-
litical government was in for in that I
hour was simply to bring the resources
of the empire of Great Britain to the res
cue of this private firm of bankers.
THE SOUTHERN cONTEDEBACY.
The money center is the center Of .
government, 1t has been SO through
the past centuries. 1t is more true to-
day than at any time within hundred
years. The southern confederacy failel
long before Appomattox The south
ern confederacy failed long before Il
single brigadier general had surren-
dered. The southern eonfederacy had
already failed when 1t cost 500 to
buy pair of cowhide boots. The south
ern confederacy failed for a very
simple reason-not because they had
not soldiers, had not generals. had not
fighting genius and were not desperate.
They had all these powers. They had
the inspiration of home, society-the
very Foundation ~ tba soc;al i;fa :.
stake The soptb faiIed IN ~ at,a,,,,,t
10 establish a nation baca,,sa 49,. Ia
no money The confer of a ,,s,;a,,s
o,overp,rant IN tbis a,,a i -. ,,,.,,a.
cantar Tb;. Ia tho ono ,.as;st1os. ,,o,..,,'.
az tba closing davs ~ tha n;,ataa,,.i
century,
Second-Money il the greatest mower
that moves upon the surface of the social
world TODAY. There was a time when
ancestry counted. when the nride Of an.
cestrv was the basis of organivat;or 81
40 called biph society. Today that nou,er
ia ,nonax Tho ,o1yar +hat ,ooLa, -
cial nrestige-tbe mower that organ;,as
social clioues and elasses-is tba nonar
power. Money can buv its wav into any
social order of this centurv-from the
bonors at the disposal of the once, ~
England down TO an entree into W,rd
McAllister's Four Hundred n doas not
matter where a man made b;s nona,, ~,
now he made il 40 he has II the s,,,r;,
II this social STRUGGLE has as ia standarl
# measurement fine onestion NJ ,,ossas.
don. the auestion az brutal snccass
Nothing succeeds liza succass "a o,a -
heir vital notices The yb;sl,y ,na,,,
acturer. the brewer the xvard no,;t;c;an
Who has stolen his money fine Nanolaon
4 finance who has wrecked . tborsond
ZONES bv his rambling schemes tha,nan
Who kills pigs in CHICAGO and tha mar
vbo owns real estate IN New yorL al =
AXE their seat in the same banonat hall 8
here ia no aristocracv of brains an5 80 til
moral worth TODAY in the ree,nant c;rclss a"
{ modern society. Money i the ,aa;c in
over that dominates the SOCIAL sets 81 ee s
he present century to
THE MAGIC w.Nn sa
Tbird-Monev when nronarly ,,sad : IN IN
,dav one of tbe mipbtiest nowers Gov r.
ood in the world az nbiIa,tbron,. 81 +,
real charity in our centnrv Me- s 's
=. ANs H..