The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-12-19
AT WASHINGTON.

~ tNf b4eSlScisss Sfslhks Ntist hNAS ""'
,ou told me that could sc, this none,
u Mckinley Was elected ard l have brought
the deeds fos the loan"
Why, yes. madam, kaow We iid-hu,
| ara sorry TO say that things have not
shaped themselves yet 80 tina, We can give
you that money
But this is the same security you prom
Used 1; or retorsei the lady.
The president fumhled over the saekase,
rerSousiy glanced at It, aud then into tho
face OF the owner. who gszed half ieiiantly
AT him. Il know that but We are not
making any fresh loans at present, even On
the very best security. In short, we can
not. all the banks Ia the city are loanin9
down very close today
Then why did YOU tell me ! could have
this money. as YOU did. in the event OF
Mekinlevs electiong You had no reason
TO influence me that way. for you know !
am. as was then, a gold advocate"
Il can only say" replied the uneasy Of
ficer, that We have been disappointed IN
the return Of business activity, and we are
not able to do what We fully intended 10
do"
The lady reached for the package OF her
deeds. sraspcd 1t, and swept out TO her
equipage with an injured and defiant look
commineled.
Tell me-" said the writer to the crest
fallen bank official. what Is the real sit
uation here in Washington today"
"oh. business has picked up a little
here The clerks we're all pretty well
scared over the possibility OF Bryans cleo
ton early In September and that kept them
from buying anything that they could holp.
They believed that they would mostly walk
the plank If he got In and that made them
hang on to every cent, They think that
they will all stay safely now. and as usual
are spending and will spend freely ali they
get every month. That helps the trade In
the city, but it has not helped us much
yet"
Are YOU as well mortgaged up on real es-
tate here as they usually are in other
cities
Yes. fully as much. II not more-mort.
! guess, in proportion TO the number OF
people What surprises me most about the
situation today as contrasted before the
election. is the fact that the demands for
loans are not SO numerous as they were,
but they are fewer. yet calling for vastly
10 ~ sumo "a wv 1851 -" - '"N''
they were more numerous. Here | have Il
single application for one loan OF $3.50 600
and the best security offered. which
lust declined this morning ana Which am
sure the bank officials VIII not grant. pc
cause we can not get that sum together.
That LADY wanted S2Iooo and we tuily IN
tended to accommodate her but we just
can't"
IN business picks UP will you consider
thu, the ,nprovement Is due 10 helm from
,,.,.., ,,,o, -,
'he "an"S' VI 20 '"''i ''H'S'"'''" w ''''
Il cant answer that question, Tor
don't know. The banks are doing all they
... a.. ~ =, ,hst, ,,,,.,i ,,o,..r.
'' Wv vi, ~ ''''N
mess and times do not get better it will be
no fault Of the banks. l know that we'll
enough We bankers are all placed on our
mc.tle now to restore prosperity, and you
may depend upon T. we will pull together
and do everything we can to that end; but
" hen Senator wants $3.50 900 in one
dash. and Mrs. ---- wants $4,000 In the
next moment following. from us today.
frankly say to you that We can not meet
them. They are both of them going to be
alElN WIN us. presume uul lutS Will
not do any better elsewhere 10 THIS eity
'ouSS %, 'o'No, .'M 49,, ,e,n, n do with
so large a sum of money!
lie wants to speculate with It. He wants
to join another party who is to put in the
same amount in land speculation in his
city. Tho security he offers is all light,
but We can not give him money which we
have not got Mrs just wants that
cash to entertain with this winter She in
lends 10 open her big house wide and cut
4 great swell. Her security il equal TO
sl50 600. which she put in my hands. hut
We haven't got the money We bankers
like TO make money, and we will every time
we can, but We haven't got the money to
do 1t with today In this establishment. a"
you do the largest banking business OF
any sire,e house In tho c,tv ou,si1e ,f tho
" ''N
fes' We 90 ~ Is al we can no. now
ever To-Day 10 carry on old loans we can
nor make new ones to any extent. II we
nin VIC wou'd DC opiiSei TO cal IN the ola
'"""s' anu tHat "oulu Hlake lnNhlte Tou-