The state herald., 1907-11-15

4 y
of AMI 2:O5 P. m. That was the hour
set for the funeral at his country home
near Boston, although he always claim
ID Burlington, Ia, as his place of resi-
lence.
Working his way from clerical po-
iition to the head of one of the greatest
'ailroad systems of the country. Mr..
Serkins accumulated a considerable a.
mount Of this worlds goods and was
recognized as a leader in financial cir
cles.
Now that Mr.. Charles Z. Perkins, for
merly president of the Chicago. Bur
lington & Quincy railroad, has passed
away. Charles G. Dawes, who was
comptroller Of the currency in 1899. has
made public the fact that It was Mr..
Perkins to whom the following ref
renee was made in an article published
n the Saturday Evening Post in the
ssue dated September 20. 1902;
One % ,ta -,ncs' pleasing expo-icnrel.-
in connection with my administration of
he Office Of the comptroller Of the cur
rency that ! now recall is an episode
which is well calculated to increase
confidence in the integrity Of human
nature.
A capitalist, whose name is widely
known in railroad circles, met me in
chicago to discuss the affairs of GER
tain national bank. He said:
'You have Just been appointed comp
roller Of the currency and the course
1f action which you propose to pursue
in relation to this bank will largely de-
termine my own action. was elected
a director without my own knowledge,
in the bank, which though not closed is
insolvent, and continued in that official
position under protest. My holdings of
stock amount TO $4,000. and double
that amount, Of course, is the limit OF
my liability under the law.
But the fat remains that did all.w
my name TO be used as that Of dircc-
TOR Of the bank and this may have -
iuenced some persons to become depos-
tors. Because of that possibility I
nave determined 10 step in and save
The depositors and other creditors from
oss, provided the other shareholders,
without expense TO them, will consent
20 arrangements necessary TO an oqui-
snblc execution Of this plan. And now
with this explanation OF the situation.
desire to learn what is your official view
IL the natter
Though ! knew this man To be Of
large fortune. he was not elasscd among
The multi-millionaircs, and the plan
which he proposed involved the imm
date use Of u very large amo mt Of
ready money not far from 1900. 90.
Before he was through with the projc,t {
as recall Il, he voluntarily took upon
himself the losses of others 10 the ox-
tent Of nearly si.0o0.0oO. and all be-
cause his fine sense Of personal honor
would not let him see dcpostors suffer
loss by failure Of an institution with
which, even without his knowledge at
HeNs His HhHl' Hhu n''n hhhNNlAh'us
The gentleman who did this has no, cS-
pcetcd. asked or received public credit
for his action and some years have
passed since these occurrences. lie is
modest man and no doubt has found
his full reward In the consciousness of
duty well done. But do hope he may
read this and know that In the annaln
Of the comptroller's Office there has
bccn no more conspicuous instance Of
fidelity to semi-publie trust and that
among the few Of us who knew he hid
voluntarily taken upon hins II the l.rs-
81 Of hundreds Of people Of slender
means he stands and shall always stand
M one Of natures true noblcmun. W
maha bee.