The Washington times., 1912-05-12
he made his money on borrowed capital.
Money certainly makes money.

"Ohey CeItdlniy makes money.
In every business, to a greater or
lesser degree, but in the banking busf-
ness especially, the employees become
formation concerning business men and
institutions.
While members of Congress have re-
Gently acquired the habit of delving into
other peoples business: have sought to
make public all manner of business se-
crets-hnancial, industrial, and CONNER
cial-so that no concern can feel abso-
lutely safe from the Jerseylike probe. It
is the ever bounden duty Of the em-
ploye, as II Is OF the banker, to make
use of this Information only in the In
terest of the institution. An. employe
leaving bank is in honor bound to
leave the business secrets of the insti-
tuition behind him, save in so much as
his experience gained may the better
vanced work.
In like manner the bank examiner,
the ronlptr oller of the currency ana his
deputies in the natural course of busi-
ness, become possessed of the most
complete details of the workings Of our
banks and trust companies
There Is no fiscal institution so small
that its affairs are not of vital hnport-
ance to itself. None so large that It
cares to have the news of its ventures,
its loans. it's collateral made a matter OF
The biz .oficiai ought to lie just as
secretivc in the guarding Of banks
private business as the lesser employa,
No one has right to known any Of
the inside information. in the sense a
circulator Of stories or rumors.
Reeves. former bank examiner in this
city. new special examiner in Chi
| cago: autoing on the boulcvards and
drives: drives etc. . ETC. has tgrnsa down ] more
tions with $500 attacnments. He is
probably waiting for one $4,000 induce-
| mtnt.
Bank clerks in Washington are strong
| on the initiative. They are, in many
instances. handling the advertising mat
| ter of their institutions and just at
| present the advertising is strong enough
| to pull the dollars into the banks to
such an extent that one wonders where
all the money comes from Much of
this advertising is instructive and en-
| tightening in the methods of doing
| banking. Other matter is designed to
impress upon the reader the safety that
is assured by enviable records during
long periods past. Through trying
times and prosperous seasons. Other
advertising presses home the advantage
of having ones dollars work for one
day and night at compound interest.
Initiative is most desirable quality
in young man: 1t paves the way for
advancement, quicker than any other
characteristic, especially when coupled
with ability and tenacity. Method is no
whore more desired than in the bank
ing business. Anything that tends to
speedy and correct handling of accounts:
to facilitating business is always worthy
of consideration.
Initiative Is the broad and honorable
characteristic of every successful bank
er aud business man.
: Its possession denotes both elasticity
of mind and attention to business in
having the ability to see possibilities,
the practical knowledge of duties, per-
mits the transformation of such into
actualities for benefit.
Initiative is nothing more or less
than getting action into things before
some one else comes along, and does
what you intended to do. .-
1T Is the first move"
Initiative is little before the clock
strikes a.