The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-11-03

phooictdfyanS tndt mas oSSii dltnShi"
IN Gibyraltars iv finance. cowrd that
ye are to want ye'er money in hurry
or are we not? I see be tn look Nv
ye'er face that We are not. Ye have
been a brave man; We have had faith
In tn future iv our country; We have
perceived that our financial instytu-
lions are sound If they are nawthing
else, Ye understand that it's upon tn
self restraint iv men like tn likes Nv
We that tn whole credit iv tn nation
depinds. I read it in the pa-apers an
it's thrue Besides, we have no money
In tn bank TIL on'y way We or me
cud rightly exthricate amy money firm
a bank wud be be means Nv brace
an bit.
mo matther. IT'S you that has done
IL. l give great credit to George B.
Cortilyoo. J. Pierpont Morgan. Lord
Rithschild, lawn d. RoekyfeIlar, tn
banks iv Ameriky tn clearing house
comfy. tn clearing out comfy, an all
HI brave an gallant fellows that have
stood firmly with their hacks to tn
wall an declared that amy money
taken out Nv their institutions wud be
taken over their dead bodies. They
have behaved as, American gintlemen
shud behave whin foorce Nv circum-
stances compels thin to behave that
way. But II, in this tur-rible imergen-
ey I am obliged to tell Tn truth, I've
got to confess to We that tn thanks iv
tn nation, little bit late, but very
CORRAL. are due TO tn boys that niver
had cent in tn banks, an niver will
have. They have disturbed none " our
Institutions, No great leader if finance
has turned green to see wan Nv thin
sthryin' to do tn leap FIR life through
a closed paying teller's window. TIL
fellow that with wan whack Nv ham
mer can conyart steer into an auty-
mobill or can mannyfacther a pearl
necklace out " two dollars worth iv
worruck on Stag pile. has throubled
no wan. Ye're tn boy in this imergen-
ey. Hinnissy.; TIL other mornin' was
readin' tn pa-apers about tn panic=in
v
anything all me life but wan eontin-
yal panic, felt low in me mind ontil
! looked up an see We go by with ye'er
shovel on ye'er shoulder an me heart
leaped up. I wanted to rush to tn TIL
iygraft Office and wire me frind ]. Pier
pont Morgan: Don't be downcast It's
all right. 1 Just see Hinnissy go by
with his shovel
No, sir, we can bet Il amt tn people
that have no money that causes pam
ics. Panics are tn result iv too NANNY
people havin' money. TIL top Nv good
times is hard times and tn bottom iv
hard times is good times. Whin 1 see
wan man with shovel on his Shout
dher dodgin' eight thousand autymO-
bills, l. begin to think tits time to put
me money IN me boot. -!
"'Tis hard FIR me to understand
what's goin' on" said Mr.. Hinnissy
''what does it all mean?"
Its something ye wudden't be TX
pected to know" said Mr. Dooley
IT'S what is known as credit. I'll ex-
plain 1t to We. F'r the sake Nv argy-
It's Only FIR tn sake iv argymint. w.
erywan knows that burly fellow like
you wudden't be at amy employmin-
as light an eliminate as maxim shoes
But supposin' FIR tn sake iv argymint
yo're a shoemaker. Ye get two dol
lars a day FIR maxim forty dollars
worth Nv shoes. We take part of ye'el
I'll gotten gains an leave it with me
FIR dhrink. Afther awhile, I take tn
money over to tn shoe store an buy
wan iv tn pairs Nv shoes We made. Tn
fellow at tn shoe store puts tn money
In a bank owned by ye'er boss. Ye'er
boss sees ye're dhrinkin' a good lea
an be tn look ~ things tn distillery
business ought to improve. So he lends
tn money to a distiller. Wan day tn
banker observes that we've taken tn
pledge, an havin' fears fr tn dis
tilling business, he gifts his money back
/ owe tn distiller money an he comes
to me. 1 have paid out me money fl
tn shoes an tn shoe store man has
put it in tn bank. He goes over 10
tn bank to get it out an has his fin
gers cut off in a window. An there
We are. That's credit.
ct niver knew befure how little IT Ge-
pinded on. There's Grogan. tn bank
er. He's a great man. Look at his
bank. 1t looks as though an earth
quake wudden't fiutter it. 1t looks like
a cross between an armory an a Jail.
1t frowns down upon tn sthreet. An
Grogan. He looks as solid as though
tn columns ~ tn building was quar-
riei out Nv him. See him with HIS
gould watch chain clankin' again tn
pearl buttons iv his vest. He niver
give me much more thin a nod out iv
tn northeast corner Nv his left eyebrow,
but he was always very kind an polite
to Muiligan, tn little tailor. Except
that I thought, he had feelin. iv re-