The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-07-23

enough money in either bank to meet
a run, but the First National will help
the Provident. l shall have to sus-
pend until can recall the money on
deposit in the city"
II think | see," unused DegnOn,
Both banks need money. The Provi-
dent can get 1t from its sister bank
Your Union will have to admit its in
ability to pay depositors. They turn
shaky about your bank and go to the
rival institution
That's part of the scheme The rest
Is this: Next week the interest accrues
If there is run and the money Is
depositor The First National will get
the use Of the money until the scare Is
over. They announced tonight that
their interest would be paid. When
the scare Is over they will cut off the
interest and send the money back to
their savings bank, while In the mean
time the standing of my bank is lost"
There is just one thing to be done"
said Degnon, producing blank form.
Put electricity into your bank"
How will that help" asked the
banker. ut is sign Of enterprise,
but am afraid in few days shall
have no bank to light"
Degnon smiled.
Il have an ldea," he explained. 81
think 1t is good one"
With trembling hand Morrow signed
the contract, and Degnon rose to 60
In the hall he stopped to say good
night to Daisy and explain that he had
to see some one on business on his
way home; hence his haste.
The some one was the mayors Sec
rotary, and as result Of the visit a
permit was issued the following morn
ing as soon as the office opened to tear
up the street for the purpose of install
Ing the light service in the Union bank
Already a little knot Of depositors
had gathered in front of the two saw
lngs banks when the construction gang
put in an appearance. The First Ma
tional, in which Ridgley was silently
Interested, occupied corner building,
and the Union, Morrow's bank, adjoin-
ed It. Ridgley's savings bank, the
Provident, stood diagonally opposite,
and it was in front of the Provident
that the men began to dig to tap the
main feeder. The men worked stolidly
On, unmindful Of the excitement around
them. At the Union, Morrow was pay
ing off slowly to defer the announce
ment of suspension, in the hope that
help might come. At the Provident, on
the other hand, an extra force kept the
line moving brisl1ly, paying off as rap
idly as the money could be counted
out.
Clerks were busy bringing up money
from the vaults downstairs, and over 10
the First National other clerks were re.
ceiving the money and opening new &C
counts. Ridgley had devised the scheme
US reprisal against Morrow. His son
had been Daisy's favored sutton until
Degnon had stepped in and cut him
out Ridgley had not forgiven the
banker for the fancied slight and, with
his usual business instinct, was making
his revenge profitable.
| 1t was nearly noon when clerk
dashed out of the Provident and hur
ried into the First National. In a mo
ment he came out again, accompanied
by Ridgley himself. They were making
their way to the Provident through the
crowd when suddenly Ridgley stopped
at the edge Of the excavation.
One of the laborers, an italian, was
working with a crowbar at the bottom
of the pit, seeking to dislodge the bal
from some obstruction 1t had encoun
tered Ridgley shouted excitedly to the
man, who smiled pleasantly into hi:
face and began to climb out of the pit.
The crowd left the line and crowded
around the opening. The Italian wal
waving his permit, blandly confiden
of his rights, and In his excitement
Ridgley could not make himself un
derstood. At last the Italian seemed
to comprehend and. dropping back In
to the pit, seized pickax and smashed
through the obstruction, proudly hand
ing out bulky cylinder. now gaping
] wide to show ..S load Of crisp bills.