Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1905-01-12
The Humsr Of II.

The Hunror Of 1t.
New York Times: A reader,
possibly acute, and possibly
only ingenious, offers what he
calls ACKNOWLEDGMENT to our
recent inquiry why the general
inclination Of the public seems
to be to regard the Chadwick
case as a humorous one and to
give no sympathy at all to her
unhappy victims. This view is
taken, he says, because Of the
widespread knowledge that eff
an honest man, with a straight
h on es position, had APP
preached the bankers who
yielded SO easily to the wiles of
the sire, ne would be turned
nineJy-nine times out of a hum
dred, have been turned down
with a shock severe to upset bis
whole system. Yet this shrewd
woman with some shrewd man
behind her, you may be sure)
can make Larry Summersville
and his confreres look like tie
proverbial thirty cents" In
other words, our correspondent
holds that there is a Widespread
and well-founded antipathy
against bankers and consequent
enjoyment of their mishaps,
evenwhen the mishaps take the
form of losses inflicted by a
swindler. He is right, we sup
pose, as to the existance of
some such feeling in the minds
of a considerable number of
people, but he is certainly wrong
in assuming as its cause the
habitual treatment by bankers
of honest men with straight
honest proposition. The COM
mon antagonism to borrowers.
as borrowers, is not shared by
bankers. On the contrary, they
view the borrower as a source
of profit, which he is to nobody
else, and naturally they treat
him better than anybody else
does. But they do insist when
they are good bankers that
the borrower should be given
adequate security, and whether
they are good bankers or bad
ones, they want their money
back at the promised time. Also
they take vigorous measures to
get it back, and usually succeed
Now, the human mind is so
constructed that the payment
of borrowed money is an opera
tionaa very different from and
more painful than direct ex-
penditure for goods or for
services received, to the pay
ment of interest on borrowed
money there fingers in all of us
not constantly engaged in
financial matters a sub-concious
and instructive hostility that
veryoften transmues itself in
to dislike for the lender. The
dun for borrowed money is of
all duns by far the most often
sive the borrowers unformu-
lated theory apparently being
that the man rich enough to
lend to a needy friend is a fel-
loWof loathsome meanness if he
insists on getting his own again
or if he ever atte1nps to hasten
Its return. But the dislike of
bankers as bankers does not
fully explain the extent to
which the humor of "Cassie's''
doings overshadows all their
other features in the pub]ic's
judgment. There is more to it
than that.
Iowa City Press: Evidently
the lone democrat congressman
in Iowa even though moment
arilly submerged politically by
a Roosevelt tidal wave, has lost
none Of his popularity, for the
demand upon his time and
talents as platform orator is
growing daily since the election.
There is many a man in or on
hir way to the halls of congress
who would give his right
hand for the one one-hundredth
part Of Judge Wade's ability
and popularity.
A Newspaper is somewhat like