The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1897-01-21

female descendants who shall erect it. ;,
They intend to make it in architectural
design illustrative of tie period 1t COM
mefnorares, and sufficiently beautiful anu
imposlng 20 constitute an ornanenG 10
the national capital worthy alike OF the
memory of the heroes it honOrs, OF their
daughters who rear it, and OF the great
nation whose birth il will help to COM
msmOrate.
For this purpose they ask no appro-
priation and will not seek 10 anyway any
pecuniary aid from the government
They simply ask for sufficient land on
which to place this memorial continental
hall.
All this was explained by Mr.. Morse.
Wien the Speaker asked II there was op-
lection Mr.. Blue, OF Kansas, ohJected, on
the ground that tho public reservation
describen could not be spared. mann,
nous consent having been Denied the 1iii
will have TO wait its turn on the calen-
dar list There is little prospect that IL
will be reached in that way this SESSION.
INTERESTING REMINISCENT CESS
Mr.. Marshall Price. forme rly of Bidde-
ford anu Portland, but now of Oakland,
| California, has been in Washington for a
| few days. He was in the former times
| In Maine o prominent A boliiionist. he
served in tho councils of beth Governors
Cony and Cham berlain. Governor Cony
was O war Democrat and a loyal man, al
! though he had not had much sympathy
with the anti slavery movement Mr..
Pierce relates that one day Governor
| Cony said to him, Here you are one OF
| those COMPOUNDED Abolitionists and are
| in my council. What a queer thing that
| is"
| Mr.. Pierce relates an interesting story
about the early days. Of the First Natlon-
al Bank of Biddeford. The bank had
| beensorganized as a state institution. and
had been very successful, having In the
| first years Of the war capital OF about
| $50, 600. With the war came the law es-
| tablishing National banks and forcing
| State banks to change over to ths nation
al system or 60 cut of business. The men
who controlled the Biddeford bank were
doing gu0d business OH the old basis
| but found that the requiremer IS OF the
new law would make it very difficult to
get the money with which to buy the
United States bends which they would
have to buy In order to guarantee their
circulation. In their dilemma MIR. Banks
the present president ofSthe bank, and
others interested consulted anxiously.
They spoke to Mr.. Pierce. and be went
TO- Boston to see what could be done /. He
got u UGSliSSS hC'lGalAUof'Co w Go VApA
him to Mr.. Beal, prominent banker
there, who had connection with the great
banking firm of Jay Cooke, in Now
YORK. Ar. Pierce explained that they
had bank in Biddelord which they
wished to turn into a national bank with
capital stock of 500, COO, but that they
did not know whore they we're to get the
cash to put into the ronds which would
have to be deposited in Washington TO
secure the circulation Mr.. Beal heard
him through, and then turned to the
gentleman who introduced MI. Pierce
and said. ssDo you know this gentleman
and his associates?" eyes, replied the
Boston man. care they good9" yes.
replied the Boston friend, for any
amount that they will want to get.
s'Colne hack aU three o'clock this aftsr-
noon was tho only reply of the Boston
banker.
AT three O'clock they returned and he
SAID to them, sOne hundred thousand
dollars worth of bonds have been pur-
chased for the Biddeford bank, and are
deposited in tbs United States Treasury
at Washington in its name. You can.
go home at once and start your bank.
This WAS the beginning of the First
National bank of Biddeford, one of the
most successful in the state. Mr.. Banks
has bern the State treasurer of Maine,
and is now the president OF the bank.
MIR. Charles A. Moody, the present CASH
Ter. was boy then.