El Paso herald. (El Paso, Tex.) 1901-1931, 1917-04-05

= =
M business Of the country is
= conducted by checks and pa
Der" said Edgar ". Kayser cashier
OF the First National bank. in telling
the Rotarians about the banking bust
ress and its relation TO other business
al the Rotary luncheon. at Hotel Shell
don grill Thursday. He explained that
only two percent Of the business is
conducted with actual cash
II was First National bank day at
the club luncheon and the members of
the Rotary club were informed about
the banking business by Mr.. KAISER.
James c. McNary. president OF the First
National bank. and spec" Valentine.
office boy at the bank.
Mr.. Kayser explained the function Of
IKE bank il its relation 20 business
He gave the ROtarians handsome leath-
T. bill books.
.Spec's- Banking Ideas
AIr. Kayser presided at the luncheon
and introduced spec Valentine who
read the following
My Daddy said this was TO be bank
ing day at the Rotary club and he SAID
he wanted to say something funny, but
that banking is not funny 10 him. It's
more like a tragedy
Sometimes, though. when Daddy
gets q notice from the bank 10 pay q
note ne says. That's funny 1 thought
ne never laughs. even then
Il think banks ARE funny Nod
put your money in a bank ana the
bank man loans il TO another person
and gets interest on II from the Other
person Then when YOU want any
money yourself, you pay interest, too
IT'S q good thing Co have bank
account. you can go 10 the bank and
get IT, # the Cashier hasn't taken j.
and gone 10 Canada
All Kinds of bankers.
There are all kinds Of bankers Ma
tional bankers have 10 go further TO
get away than State bankers-and they
have more. generally. to get away with
for they have bigger signs on the WIN
dows and people always put their
money where the signs are pretty ana
the offices have the best furniture
Some bankers work their ways up
from sweeping out the bank These are
the kind sou see in plays and ,movlng
picture Some are bankers because
their Pas had lots OF money and didn't
know what 10 DO with IL. Some bank
ers are good looking like M McNary,
but not all of them John Wyatt is
1T is harder 10 open a bank these
days than IL used TO be With manga
nese steel for vaults nowadays. you
takes dynamite.
Not so Many Now.
There are not SO many bankers IN
Il Paso today. although it is many
times larger, as there were 10 years
ago Then every saloon had a banker.
Banks are all built of brick, bur
some are built ON wind. There are
no banks of this kind in FL Paso, for
all Il Paso banks have SOME none
IT them-unless you want to borrow
some.
a banker knows more secrets thar
q doctor-but not the same kind. He
doesn't care to know the same kind,
for there wouldn't be 50 much money
in It A banker makes you tell him
all about your business and then If IL
looks good. ne takes II over If it
doesn't look so good, maybe he'll let
you have the money TO see what you
can do with IL.
Some Differences
Bankers, lawyers and doctors make
mistakes, but when a lawyer makes =
mistake, he can appeal. blame il on the
court and make his client pay for it
When doctor makes a mistake. Frank
Simmons covers IL up. When banker
makes a mistake he has to raise the
interest rate TO keep from losing.
"A banker can make or break q man.
but they seldom break one, rOr what
could a banker do with man who
was broke Bankers want live ones
"Bs nks have large directorates- one
reason for this is that directors are
limited in the amounts they can borrow
and a bank sometimes has 10 put a