Daily capital journal. (Salem, Oregon) 1903-1919, 1916-02-05

This is house cleaning day, Mr.. WAL
Iingford," he said in pleasant ex-
planation.
boarding up and down, down and up,
up and down; then the savior Of the
country's finances gave up in despair
and brought his tagging argument to q
hasty close.
And that" he concluded, "is the plan
Of operation of the middle west bank
merger"
Mr.. Quirker aroused himself rs one
from stupor. ITS Il very pretty
plan" said he, but | cannot see my
way clear to going into it. I'd rather
sell"
Wallingford, puzzled and discouraged
but few minutes before, at last had
his cue.
"Qute decided upon that?' he asked
quite" declared Mr.. Quirker.
Then show me the goods, and Wal
llngford arose as il he had only been
awaiting this statement to get into real
action.
The lackluster look faded from Mr..
| Quir.er's eyes at once, and he turned
toward Wallingford with alacrity.
Showing you the goods, Mr.. Walling-
ford, is very simple matter" he
said. This is private bank, own
ed by stock company with $780,
900 capitalization, every share of stock
being backed by government bonds de
! posted with the state bank commits
| Sioner | own $4,000 worth OF the
stock, the balance being scattered in
from one TO five share lots among the
merchants here and the farmers in the
vicinity. The directory consists OF FIVE
including myself and Mr.. Weaver,
whom you saw at the cashiers wicket
as you came in. The others are MIR
Blodgett of the hotel, who is now out
Of the city; Mr. Ricks, the postmaster
and Professor Rannydal, the principal
Of the high school, Mr.. Blodgett holds
five shares, Mr.. Rlclls three and Profes
sor Rannydal two"
With interest Walllngford looked
over the latest bank examiners re
port and then went with the president
into the vault, where he was shown
packages Of currency amounting tC
over 100000. Some Of the packages
ut Quirkers invitation, he opened ant
counted, and 1t gave him u thrill, con
siderlng his own present state o
finances, to run those clean, crisp bilb
through his fingers,
"Of course this must seem small
business to you,' said Qulrker apollo
gctically "NIy friend President Nor
ley OF the Cinderburg Commercial
bank told me, at the time was owe
there TO see YOU, about your tremeu
dous commercial interests aud you
wealth."
NO business is too small to be o
grave Importance" said Waumgforl
solcmnly, especially when It IS I,
form a part OF such a commercial en-
yine as propose TO construct. Eacl
'og no matter how minute, upon tn,
etlhAAN0A " NhNNA AT SUN u AlluN ulAlN tAtAo
iave It's adequate strength, else th,
breaking point Of the entire device 1
likely to be right there Mr.. Quirker
how much do you want for your $40.
90 worth Of stock?'
MIR. Qulrker looked out through III,
ipcn vault door to where Mr. Weave
tll sat gazing gloomny out into th'
storm and lowered his voice. "rl
AXE $4,000" he said cash"
"Cashw mused Wallingford. "Casl
,gamr Then aloud, with pltyml
'mile, "ln other words, Mr. Quirker
YOU want TO dispose Of your stock, bu
At the same time to collect the mex
two years dividends
81 wouldn't put It that way" sal,
oulrker "Td put Il that the stock {
worth a trlnc over Ill"
Again Walllngford smiled that sd