davidaulloa/AmericanStories huggingface dataset:
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
UNIQUE WORK OF FINANCIER +
Geo. II. Earle Gains Fame by Restoring Defunct Con-
Germs to Prosperity.

ceiver held in his hand authority to
act for every dollar that has been on
deposit in the bank. In asking the
proxies he promised a reorganization
on the basis of half the money in cash,
the balance in bonds of the reorgan-
lied company.
Then he put the screws on the rich
directors, who did not direct, and
forced them to advance two and a
half million dollars in cash.
Further, he examined the assets OF
Segal and by clever deals realized far
more cash from them than had been
hoped for by the most enthusiastic OF
his partisans.
This done he showed the bank ex-
aminer of Pennsylvania that the insti-
tutio was solvent and asked permits
sion to resume. This was granted, the
court released him as receiver, and
with Mr.. Earle at the helm, the unanl-
nous choice of 900 stockholders, the
bank opened two months from the
time of the failure. Its success has
been immediate, and it promises to be-
come one of Philadelphia's most stable
banks.
This remarkable exploit in itself was
enough to make the reputation OF any
man, but the fame of Mr.. Earle does
not depend on it alone. He has done
the same thing a dozen times. In fact
his most notable work in finance has
been the rehabilitation of concerns
that had failed or were lettering on
the brink.
So successful has he been in this
direction that against his inclination
he has been forced to give up his law
practice in order to devote himself to
what may be properly termed con-
structive business.
1t was an accident that first told
him wherein his greatest talent lay.
His family owned some stock in the
Pennsylvania Warehousing company,
concern that had never paid cent in
dividends, and whose stock was selling
at SIS a share.
Mr.. Earle thought the stock had
possibilities, and began to investigate.
He convinced the directors that the
stock could be made to pay, and they
gave him authority to go ahead. He
quickly cut out the dead wood, gave
places to energetic young men, and in
stalled modern methods. He got the
company to buy certain Wharves,
which later he had the satisfaction OF
renting cut to railroads at splendid
rates. The company began to pay,
and it's stock is now worth anywhere
from SIS to $l00 a share.
The Guarantee Trust and Safe De-
post company, a concern that had
been put in bad shape because of the
tendency of one of it's officers to take
too much part in promoting, had no.
ticed Mr.. Earle's rehabilitation of the
Warehousing company, and persuaded
him to accept an election as vice pres
ident The application of his methods
soon put this company on its feet
again.
By this time he had found out that
he was carrying too much responsible
ity for one man, and he must cut loose
something. Reluctantly he gave up his
place in the White & Earle law firm.
Next he was elected president ct
the Finance Company of Pennsylvania,
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

esque. shores were dence and heavy
with vegetation, luxuriant foliage and
blossoms of wild flowers Twelve
miles down the canal the launch
passed ,Wallaceton, the fertile and
picturesque farm of Capt. John e..
Wallace, reclaimed entirely from the
dread morass of the Dismal swamp.
Less than a mile below Wallace ton
the launch was turned into the feed
err at right angles to the larger canal
and running in a straight line of five
miles to Lake Drummond. The feeder
is eighteen feet wide and an extremely
beautiful ard picturesque piece OF
water. Half mile this side of Lake
Drummond the party reached the base
of the feeder lock, which holds the
waters of the lake at level of twelve
feet above those of the Dismal swamp
canal. This lock has been out if re-
pair for some time, and gangs of ne
groes, under the guidance of engl-
neers, are putting it in working order
for the great traffic of next year.
Here carry" was made of the Ell
fects of the launch, including food
weapons and tackle and the photo
graphic apparatus. The voyagers were
welcomed by Capt. jack" the wise
witty and kindly old loclzkeeper. Jack
supplied O. aat-bottomed boat for the
lake. The effects were placed on
board and the three men started up
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

the last stretch of the feeder for Lake
Drummond. This section, of the canal
is the most beautiful of all, its shores
being lined with tall trees and dense
foliage and it's waters overlooking into
the swamp forest.
It was gorgeously beautiful morn
ing, and the view of the lake as it was
entered from the feeder was worth
coming many thousands of miles to
see. The expanse of it's dark waters
was unusually placid and the reflec-
ton of the forest on it's surface so
clear and perfect as to be startling to
the behOldcr. AS the three men
looked upon it all wonder left their
minds that Thomas Moore, the Irish
poet, should have raved about it
when his eyes beheld it more than a
century before. Since his time it has
filled the minds and hearts of poets,
explorers and sportsmen with equal
wonder and admiration.
But practical affairs claimed atten-
ton, as the taking of photographs in
a. swamp with heavy and intricate ap-
paratus, even when conducted by the
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
which company he promptly braced

which company he promptly braced
up -. ~: &:.&
These three great victories gave
Earle a commanding reputation, and
when the Tradesman's National bank
got into deep water, Earle was called
to go to the rescue. He did so and
sent the stock from so to 100.
Next came the Market Street Ma
tional bank. 1t was foundering along
in desperate straits when some wise
director suggested that Earle should
be secured. He became president,
and boosted the stock till to-day it is
selling at premium of sixty.
Mr.. Earle also did excellent work
for Reading railroad stock, togethe:
with Frederick P. Olcott of New York,
and virtually save dthe Choctaw, Okla
homa & Gulf railroad when it got into
bad shape.
But the greatest Earle exploit, be-
fore he fixed up the Real Estate Trust,
was in saving the money of those who
deposited in the Chestnut Street Ma
tional bank and the Chestnut Street
Trust company.
Those were ventures Of the late
William M. Singerly, editor of the Phil
adelphia Record. Singerly prospered
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

most skilful professionals, IS no light
be used, while it is available. Mean
while camp was established on the
shore of the lake. The handsome
young Isaac Walton who cast his line
into the waters of the lake was re-
warded by a beautiful speckled perch.
brilliant in all colors of the rainbow,
and a number of large, fat catfish.
These, with plover which he had
shot, were soon sizzling in the frying
pan over the camp fire, while fragrant
coffee was added to the cuisine. This
eepast, which was consumed in the
now fast falling rain, which came sud-
denly, as is it's wont in this region,
was supplemented by dessert of lus-
cious muscatine grapes, which grew
with wonderful profusion in the
marshy thicket near the lakes shore.
1t was we'll that the pictures had been
secured early, for the storm continued
to increase in severity, and after fur
Their exploration of the lake and the
surrounding swamp, with it's wonder
full forest of cypress, gum and juniper.
the party concluded to turn its face
out of the swamp. Retreating over
the same beautiful and picturesque
waterways and locks, the three voy.
ayers arrived some time after night.
fall safely at the wharf in Norfolk,
thoroughly drenched by the storm
but perfectly contented with their
glimpse of the marvellous Dismal
swamp.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

for many years, but he had so many
irons in the fire that when he became
involved in one failure all his interests
went down, and the bank and trust
company failed.
All that remained to the receivers,
Mr.. Earle and Richard " Cook, that
had earning value was the Philadel-
phia record. Against his newspaper
MIR. Singerly had borrowed great
sum of money, and it looked as though
the creditors would only get about II
cents on the dollar. *.x >,
But Mr.. Earle and Mr.. Cook person
ally raised, the money necessary to
save the Record. They ,conaucted the
paper for four years at, a<@big profit,
and then sold it at such an INCREASED
value that. they. were able:to pay:t
depositors of the bank in full, with all
interest, and to those of:the trust com
pany with only a little :lesS Ethan the
principal. -:
Mr.. Earle is of, Quaker stock, is
something over fifty; hasa charming
wife and seven chill dren! : ~:,<. -.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

experienced the past summer is due
probably the absurd rumor which
comes through English sources that
the hotels, restaurants, cafes, "bars,"
buvettes, estminets and so forth will
be closed hereafter on Sundays to
suit the convenience of the proprietors
under the new "day of rest" law, says
the New York Sun. Possibly owing
to the general exodus to the country
and the seaside which has become the
fashion in France, some hOtelkeepers
may figure that they might as we'll
close up as run empty houses during
the season.
An Englishman would consider such
action natural, for he is accustomed
to British hotelkeepers. Their idea of
running a hotel is to create as much
inconvenience as they can for their
guests. The reason for their rules no
man can fathom, for they must be as
irksome fer the hotel people as they
are to their customers, but they are
traditional and the English are used
to them. The chief object of the Brit
ish hotel seems to be TO demonstrate
the independence of the, proprietor
and the strict observance of rules.
Money is no object. If he wants to
shut up on Sundays he does.
The Frenchman, on the other hand,
is after money. His politeness may
be on the surface, but the traveller if
he looks as if he can pay his bill gets
all the attention he wants. Time and
care are never regarded if there is
chance to make more money, and the
inner man at any rate can be provided
for at any time. The restaurantkeep-
err and the wine shop proprietor are
accustomed to big Sunday business
and count on it for their profits. They
will not cut their own threats by clos
ing on that day.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

The bank breaker is no novelty.
He is in the newspapers all the time.
But the bank saver, the broken bank
mender, is something new in finance.
In fact quite unique, for the the pres
ent time there is only one, George H.
Earle, .Jr., of Philadelphia, who scored
perhaps the greatest triumph of his
successful life when the Real Estate
Trust Company Of Philadelphia elected
doors Il solvent institution, only two
months after failure so bad that 1t
seemed absolute.
No financier ever scored a more no
table personal triumph. The Real
Estate Trust went down in the midst
of general eXecratiOn. 1t had failed
through the criminality of it's presl-
dent, the c:iylinal completely of its
treasurer and the gross negligence OF
it., directors.
The first hasty examination OF its as
sets showed only utter ruin.
The president of the institution, uh-
der the influence of the extraordinary
Austrian, Adolph Segal, dreamer and
promoter, had advanced money on the
most worthless wildcat securities.
Hundreds of thousands were put out
in sugar refneries that never had a
chance to operate, million in hotel
that, it is claimed, had never paid a
dollar on the original Investment, and
on which even the taxes for six years
Stood unpaid
TO balance against a seven-million-
dollar failure, the assets did not look
to be worth two millions.
Many poor people had their all tied
up in the real estate trust, and popular
rage turned against the directors, men
Of wealth and standing in the commu-
nifty. whose names had been the bait
that attracted millions of deposits to
the bank
Indignant depositors, represented by
able counsel, Immediately arranged
suits to force the directors to make
;i,cnement, financially, for the neglect
OF solemn trust. The contemplated
Allegation would have tied up the
money for years, put an end to what
ever credit the institution might have,
and probably end in complete failure.
At this junction Receiver Earle, who
had been appointed by the court, said
to The depositors:
Stop all these suits. Leave every
thing to me and l will save your
money!
The same appeal from probably any
other man would have met only with
Scorn and laughter but it came from a
man that Philadelphia new. George
H. Earle, Jr. had made the same
speech before and had made good.
The angry depositors, although
few We're slow in cooling off, finally
stopped their suits, and told Mr.. Earle
to go ahead, they would give him
free foot to pursue any plan of reor-
sanitation he might see fit, and they
would back him up.
Thus empowered this is what the
exponent of the new science of bank
saving did.
He first asked all the depositors to
give him their proxies, so that he
could have power 10 represent and act
for them officially. This was quickly
done. and every mail brought in hun
dreds of proxies, until finally the re-
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
IN THE CLOAK ROOM
GOOD STORIES THERE TOLD BY
THE coNGREssMEN.
How Bob Cousins Came to Be Dubbed
The "knight Of the Carter
Hair-Raising Experience of
Gentleman from Mis-
souri,.

IN each coy corner of the cloak
room, members of congress gather to
relate new lot of stories; for what
ever distinction congressman may
win in legislative circles, if he is a;
good story teller, he will certainly add
lustre to his glory-in the cloak room
at least.
1t is said that Congressman Bob
cousins, claims he has attained the
dignity of a Knight of the Carter 1t
happened this way. He was invited
TO Shanney's, fashionable place in
New York, and as he stepped out on:
the pavement, all ready for the fray,
the glare of Broadway reflected the
radiance of his evening broadcloth,
his spotless linen and evening neck
tie. When he reached his destination,
there was a wide stretch of red car
pet for the guests to pass over. Mr.
Cousins is handsome man, tall, dig
nitied, every inch the ideal congress-
man, and he was walking along that
carpet with all the majesty suited to
the occasion, when, 10 and behold, it
was discovered that behind his patent
leather there trailed a long some
thing white!" The Mortified con-
gresham turned to look upon his re-
calcitrant garter, while the fashion
able guests hid their faces in their
napkins. With all the solemnity be-
fitting so dreadful an occurrence, the
congressman Remarked:
"Well, I'll be darned! I never knew
my carriers were so long"
He bowed in silent majesty to the,
smiling guests, and since then has
been dubbed the Knight of the Gar
ter
When I heard the story told,
laughed, of course; but one old crusty
congressman who hailed from Mis-
souri,, said, That's nothing! How
would you feel if you ventured to be
gallant and tell lady that she was
trailing three yards of tape up Broad
way? How would you feel if you hap
pened to step upon it. and she turned
around and crushed you for your i'm
pertinence?'-AB Broadway cop saved
me-" he added reflectively.-Ex-
change
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
Draft Animals Unnecessary,

Senator Cullom came out of the
capitol and signaled for his carriage.
AS the driver came up the senator
looked at his horses critically.
john he said to the coachman:
1--WE have got to do something for
these horses. They are too thin. They
are out of condition. Why, I was no.
ticing Secretary Tafts horses the 9th.
er day, and they are nice and big and
glossy and fat
deed, boss,' broke in the coach
man, looking at the thin figure of Sen
ator Cullom, I'VE. don't need no such
horses to haul us as Mr.. Taft does
nOhOW.'
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
Dissecters Want Good Brains.

All over the civilized world there is
little above the average in quantity
for the purpose of dissection Scien-
lists have for the most part nothing
better to dissect than the brains OF
paupers and lunatics. These, however,
leave much to be desired, and it is to
the interest of. the human family that
the brains of cultured and learned
people should be placed at their dis
posal. A certain number of such
brains are forthcoming. In the great
majority of cases they are bequeathed
by their respective owners.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
PROVERBS ABOUT; WOMEN.
Calumnies Concerning Them Which
Men of All Nations Utter. ::

Men OF All Nations utter.
The Germans say: "Listen to "a
woman's first opinion, but not her
second. This proverb embodies the
world-old theory that woman's intu-
ition is better than her reason.
The French say: "A wife is per-
petual torment" and "A man of straw
is worth a. woman Of gold.'' = The
absurd French cynicism, tlfe*~French
distrust of wOmankind, is as we'll por~
trayed in those two proverbs as in one
Of Guy de Maupassant's stories. -.
The Spanish love their women, but
in light and testing way. Their prov
cribs make sport of her. For instances:
women, wind and fortune are change
able" IF you have anything to pro-
claim in the open market you need
only to whisper it to a woman" BE
on your guard; against a. bad woman
and never trust good one.' ''There is
only one bad wife, but every husband
thinks he has got her"
Bitter and contemptuous is the Ital-
ian idea of woman: They say, in Italy
as they suck desperately on their mis-.
erably made government cigars: tHe
who loses his wife and a. br ass >farth'
ing has only lost the latter"
The Chinese objection to woman is
that she talks too much. "A:woman's
tongue is her sword and she: never
permits it to rest
The American proverbs are kinder:
women can keep a secret, but it
takes lot Of them, to do it," and
women paint to hide their bushes
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
Sneaker. Cannon a Runner.

Speaker Cannon, who is nearly II
years old, ran half block for
street car. He caught it and, climb.
ing aboard, was met by Senator Car.
ter of Montana:
p. That's pretty good for an old
man. Senator Carter said.
::ss' oh, I'm good for a run any day.
Notwithstanding Mr.. Gompers,' sale
the speaker E. :, !. s.57s..s.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

The society reporters always speak
Of bride being ''led to the altar" just
as though a bride couldn't find her
own way there blind-folded.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

: j She Took 1t. l. - : '[::.
4. Then YOU and your wife met BY
chance p r. .s:= /. ii. z=.= i
! i. We'll, yes, We met but the. chancez
was all hers.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
Too Heavy

Too Heavy.
so the engagements off between
May Plumpers and Jack"
yes, he: says she was simply in
supportable---" 1 TX. ~.
ri guess it: must have been rather
a strain on his knees; she's,no fairy,
that's fact" , .y*: + $3' =. =. . -
:. /. Not inzHis Line: I. =.
< Lawyer You should learn short
hand and typeWriting, Billy. s. n j 4.
The. ONCE Boy----AW gg,sWan CT never
a. for flowers q 4 cand Z al
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
Broke. the Ice.

Broke the Ice.
Sir" exclaimed the indignant Bos-
ton girl, after the kiss had been stolen,
chow dare YOU? No man ever kissed
me before - =. ,>.
ooh, that's all right" replied the
nerVy youth. Somebody had to break
the ice.' ~, II ,'",:>;'..>., '::~,"
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

!: Wouldn't Have Been Strange : :.
Two women were strangers to each
other at a reception. After a few mo-
ments' desultory talk, the first said,
rather Gueroulously: ~. -.~@>s. -.
= r don't know what's the matter
with that tall: blond gentleman, over
there He: was so attentive a while
ago but he won't look at me now :.
So Perhaps; said the other, *.'hessaw
me come in: He's my husband \. \
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
Idle Contentment.

Idle Contentment.
''Now, I Think said the plodder,
"that every man should be satisfied to
leave we'll enough alone"
Nothing to it!''replied the hustler.
f:No man who feels. that way ever
reaches well enough. '" '': ,f.s j. 80
'< n: =:
4. -. Cruel Of lin. s.S5z /
. Miss Danger Cat piano. M usic BE.
the food of love.
. Willie CUT YOU furnish
ed the music q; am afraiSS love. would
SstarYe
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

Where knowledge Kills Love.
"There's no doubt about it, said he,
oracularly, "a man is known by the
company he keeps
*'Nonsense!" replied the wise: girl,
IF the average man were~really known
by his company she'd shake him right
away ~. ~. ::<>4. -.
Il - - r.. * (:
5: =z.5s1 <. !. How He Learned. z<~.
Knicker-H oW did Jones learn to
swim? ID = 1: s* s $:.
. Book practiced the motions
Iundsr his auto; 81. X.:i..
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
His Kick.

+ His Kick. ><
'tOi hear ye're goin' t. tn United
States?' ~>~>5!.,&
"Oi wuz, but Olive changed NE
moin1."s - ~ z,.# !.
"An' Why" - u
: "They're lettin' too dommed many
foreigners in, begobs."> s = = 49,, :.
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

man keeps up his .reputa tion by
talking a bout {I
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16
NO PARIS SUNDAY CLOSING.

Hotels and Restaurants Will Stay
Open for Business.
To the unusual heat which Paris
The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1907-02-16

%:ssf ~:.~.., our<Terms. iii sz=s5. -
: sThis man Jorkins who is running
for office s.: 49, i. !.
2? y {. .3 s s. S.. .>.:==.
s q hat does he stand for q 5s 5:
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-08-19

which seem made to kiss. Tel me, is
not this a fairly drawn portrait of
your Miss Spencer"
The minister gripped his hands ner-
vously together. Your description is
not unjust; indeed, it is quite accurate
from a mere outer point of view, yet
beneath her vivacious manner / have
found her thoughtful, and possessed of
deep spiritual yearnings. In the east
she was a communicate of the Episco-
pal church."
Brant did not answer him at once.
He was studying the minister's down
cast face; but when the latter finally
turned to depart, he inquired, DO you
expect to attend the reception to-mor-
row EVENING""
Wynkoop stammered slightly. Il
could hardly refuse under the circum-
stances; the committee sent me an
especially urgent in~itation, and 1 un-
derstand there is to be no dancing IN
til late. One cannot b. too straight
laced out here"
"Oh, never mind apologizing. l see
no reason why you need hesitate to at
tend. l merely wondered if you could
procure me an invitation"
Dld IL IVlI you L
well, she delicately limited at it,
and, you know, things are pretty slow
here in a social way. She merely sug-
gested that l might possibly meet her
again there"
o course; it is given in her
honor"
so I understood, although she
sought to deceive me into the belief
that she was not the lady. We met
purely by accident, you understand,
presentation"
The minister drew in his breath
sharply, but the clasp of his extended
hand was not devoid of warmth. Il
will have a carr of invitation sent you
at the camp. The committee will be
very glad of your presence; only 1
warn you frankly regarding the lady,
that competition will be strong"
"Oh, so far as that is concerned l
have not yet entered the running"
ness, although 1 must confess my
sporting proclivities are somewhat
aroused"
He watched the minister walking
rapidly away, a short, erect figure, ap-
pearing slender in his severely cut
black cloth. Poor little chap" he
muttered, regretfully. Hes hard hit.
Still, Sley say all's fair in love and
war"