The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-02-19
HARRY |. DAY, PHILANTHROPiST

Every great man should own
newspaper, otherwise how will the
world know he is great? Here is
condition in which all must recognize
and appreciate the value of publicity.
Illustrations of this are not numerous:
in fact, they are 50 rare that when
they do occur il causes one to wonder
why other men possessed of unusual
public virtues and whose hearts swell!
in sympathy with the unfortunate do
not adopt this modest method of re-
moving the bushel from their benevo-
lent light. Up to few months ago
the people of the Occur d'Alene dis
trict had received no ntimation that
for years dwelling in their midst,
minglng with them in a quiet and un-
pretentious way, was great philan
thropist, who, contrary to the sordid
and superficial view Of the masses who
regard money and the power that goes
with it the highest end Of achieve
ment had been planning TO restore in
fun the losses suffered by host of
victims of misplaced confidence. Pet
ty, envious and unthnking minds may
attempt to detract credit from this
GROWING act OF generous restitution
by the fact that coincident with it
suit was about to be started on be-
half of the unreasonable victims to
recover the amount through the courts,
and therein lies the value of a news
paper to a great man. FOrestallinS
this base insinuation, Mr.. Days news
paper, the Press-Times, said when tae
first payment to the receiver for the
State Bank of Commerce depositOrs
was made, and repeated it the other
day when the second payment came
through;
Payment (to depositors) was made
possible by the recent payment of $685.
340.67 to the bank estate by Harry l..
Day, in pursuance of Mr.. Days deter
mination to see that the depositors
we're paid in full, voluntary moral
responsibility which was not shared
by the other directors. This, Mr.. Days
second installment on his self assumed
obligation, brought his total of pay
ments to date to approximately $4,000,
which is equal to the compromise pay.
ments made by August Paulsen, Stan
~ A. Easton and the estate of Thomas
Grernough, all of whom. and particu-
larly Mr.. Paulsen are wealthy, but who
settled upon the compromise Of CON-
bined payment of $4,000"
No measly and niggardly compro-
mise for Mr., Day! Why should ne
join in a compromise settlement of
claims for which he was in no way re-
sponsible? Other directors, some of
whom had been disconnected with the
bank for years and none of whom
had been favored by it, might be La
BILE for the losses sustained by depos-
itors. but not Mr.. Day. But neverthe-
less his sympathetic heart was touch
ed by the unfortunate depositors and
he determined to see that the depos-
tors were paid in full, voluntary re-
sponsibility," which was assumed,
singularly enough, almost at the iden
teal moment when suit was to be
started against him by the receiver >
recover the money. There is nothing
like newspaper to get the owners
motives correctly before the people
And yet it still appears that there are
some who are not satisfied, and
there are whispered rumors of suits
10 be started by stockholders in the
bank against this great philanthropist
upon the absurd assumption that he is
in some way responsible for the reck-
less management Of the bank which
destroyed the value of their invest
ments.