Daily capital journal. (Salem, Oregon) 1903-1919, 1916-02-05
.Mr. Wallingford, l believe"


Gus operations, TO be recognized. This
man, however, was so obviously friend
" aud even admiring in bearing that
WalllngfOrd's hesitation was too short
even to be noticed.
"The same" lie admitted. Il believe,
though, that you have slightly the bet
ter OF me-"
81 am Mr.. Quirker Mr. Benjamin
+. Quirker," stated the other. 81 met
you at Cinderburg, IL you'll remember,
when thought Of securing the rights
for this county Of the Bang sun en-
gine,"
"oh, yes" replied Wallingford vague
ly, wondering what lie had told Mr.
Benjamin f. Qulrker in the hilarious
promotion days Of the sun motor which
lever noted
"You were very decent about it"
went on Mr.. Qulrker, relieving his
lnxiety at once. "YOu told me IL
night take two years before the de-
lice was commercially perfect and
hat 1t was needless for me to tie up
my money in 1t for that length Of
line. Also that when the market was
eady | should have first call. 1t was
very pleasant experience. What is
the present status of that marvellous
machineT
Gradually nearing perfection" stat
ed WalllngfOrd promptly, sure Of his
ground now and thankful that Qulrker
had been one of those who came in
late, after he had all his plans made
for cleaning up" "Are you still in
the market for this tertltoryT
mo; think not returned Quirker,
the shadow Of a frown fitting across
his brow. "I'm taking on no new In
terests whatsoever just now. As
matter of fact, I'm letting go Of some
Of them" and again for an instant
faraway look came into his eyes.
What brings the wealthy Mr.. Walllng.
ford to our little Jmklnsyille?'
Wallingford was himself once more
Up to this instant no idea had visited
him, but now upon demand one came
1 have rather large financial scheme
in hand" he sald fr0wning with deep
gravity, "a plan to cOunteract the i'm.
mense money monopoly of the large
:ity banks, which, as you know, have
for their foundation rocks Of strength
the small country banks 1t is lOp
sided arrangement, with all the favOrs
lowing eastward. In times of stress
the financial center throws its weight
IN you aud drains you to the last drop
Of your financial blood In times Of
ease 1t throws your money back on you
and leaves 1t idle"
Mr. Qulrker had nodded his head at
each period as he slowly slipped his cof.
Fee. "Thats painfully true he agreed
I've over 100000 of idle money now in
my vault across the street, which
can't place ,H any price except on long
time loans, and long loans viii not do,
rs this Is farming community. and
must have the money in the spring and
| summer for crop operations at good In.
terest rates on FIRST mortgages. But
how do you propose to remedy this con.
iltiOnY
Consolidate the country banks Of
the middle west" stated Wallingford,
leaning back and beaminS upon him as
II In pity that Mr.. Qulrker had not
himself thought Of so simple a solution.
Organize a gigantic holding company,
inaugurate daily system Of report
and exchange and form a distribution
bureau which shall FIRST attend to the
needs Of the middle west and then die.
tate terms to the east. The east can
not do without us, and by standing to-
gether we can make them divide the
cream with us in place of merely Civ
ing us the sSlmmilk, as they have done
heretofore"
"There viii be little trouble about
charter" Qulrker said muslngly, but
Of course that can easily be straight
ened out l presume, too" he added
slowly, that quite q number Of banks
will have TO be purchased outright"
'Tye calculated upon that" declared
Wallingford, "and stand ready to
either purchase or consolidate"
He said it simply, too so simply and
easily that Blackle Daw, remembering
their 81 OF combined cash capital, Wal.
llngrords less than 81 balance in the
| Guarantee and Fidelity bank In New
/ York and the awe inspiring abys:
| which yawned beneath their feet GOV
cred the lower part Of his face with O
big handkerchief and sneezed loudly
three separate times,
"rO-consolldate, purchase or fight,
amended Mr., Qulrker, as he looked al
his watch and hastily arose. "rm fy,
minutes late now at the bank Mr.
Walllngford, but am very much in
terested, Suppose you come over ant
talk with me as soon as you have fin
lshed your breakfast and carryln.
his little brown leather bag as care
fully as IL It contained a bomb, h,
moved away with certain dlgnlhc(
ease, which made Walingford redec
upon him as being probably the mos
popular ladies' man In his congrega
lion.
Beyond the cashiers cage Of tn,
Ilnklnsville bank, at the end Of a mar
row passage by the side OF the brlcl
vault was a door, the glass Of which
was marked president" and insld,
| n thie NVnuin0fnr1 fotnl pnnfopft