The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1920-06-09
THEY COME HOME
TO MEN

| a few good old lessons and put them
| into practice in their business. Each
| generation has to learn them, and it
is profitable to look about and get
| our lessons from as close home as
| possible. The wisdom of the ages
keeps sitting down among us, and
some of it is expressed in the old
sayings, 1--WE reap what we sow;
"A mans acts come home to him. y
1t is also expressed in the homely
saying, Chickens come home to
roost."
When Blackfoot was little vii
lage, mostly tents, camp wagons and
freight wagons, the. Bank of Idaho
was the only bank in town, tho
Charles Bunting was developing a
little banking business in one corner
of his store. The Bank of Idaho
ran short of money, and Judge Nor
gan, the owner of the Enterprise,
telegraphed to some firm in his old
home in Connecticut, and got sum
of money expressed to him from a
bank that was supposed to be near
enough to deliver in time to tide
over the shortage. A draft presented
by Mr.. Buntings cashier was not
honored, but Judge Morgan very
frankly acknowledged his predica-
ment and asked them to wait until
certain train arrived, when they
would be able to meet all demands.
Mr.. Bunting was in sense a COM
petitor of Judge Morgan, and he
pressed his demand for payment on
sight, with the result that the bank
closed, and in that moment the word
went out that it was busted and
that destroys a banks opportunity
to make good. 1t goes into the
hands of the court, and the laws
delays" finish it off. 1t was so in
this case, and altho Judge Morgan
tried for quarter of century to
recoup his fortune and get back
what he lost, where he lost it, he
never succeeded.
bultlHS rOlIoWcu quiz
But Mr.. Bunting developed
banking business, almost on the
same spot where Judge Morgan's en-
terprise went down. And in the
tenth year, when he was state treas
urer and county treasurer and every
body but just few thought he had
plenty of money, he failed. The state
treasurer had considerable money on
deposit in the Bunting bank, and Mr..
Bunting was the treasurer A short
time before the Bunting failure, Gov
ernor Mcconnell called in Mr.. Bunt-
ing's deputy and told him he was
not satisfied with the financial rat
ing of the Bunting bank, and that
the money must be brought to Boise
and placed in a stronger bank.
Shedding Financial Sweat
The deputy made the trip and re-
turned without the money. He went |
to Governor Mcconnell to convince |
him, as Mr.. Bunting had convinced
the deputy, that the Bunting bank |
was a financial Gibralter. But the |
governor sat upon him so hard that |
the deputy, with tears in his eyes, |
walked out of the office and started |
on second trip to Blackfoot. There
was no room for argument this time.
Mr. Bunting was in the same posi-
ton that Judge Morgan had been in
nine years and eight months before
hat, and his bank went down and
look a big mercantile business with
ia wreck that shook the whole
valley financially.
Mr.. Bunting carried something
ike fifty thousand dollars life in
and he evidently decided
hat the only way to make his family
comfortable was to depart this life
md thereby deliver to them the in
urance money. He had had hard
ime to get bondsmen when he took
he oath of office, and in order to
;et G. C. Wright of Idaho Falls to
20 on his bond, he promised to Sc
ure him with the life insurance.
lie made an oral promise, and he
epeated the promise in a letter
which Mr.. Wright filed with the
curt when he asked for protection
ccording to agreement.
How Men Lose Power
When a man is alive and manag-
ng his affairs successfully he feels
onfident of success, and he Is a ..
God promiser When he is broke
nd his business in court, he feels
powerless to protect his
wn. When he passes to the grave
nd everything goes into the hands
f the courts, those who we're de- ,
endent upon him seem so far re-
loved that his power and influence /,
ade to a minus quantity. Bunting's
very plan was baffled.
The history Of a town is replete ,
18th examples of embarrassments 6
oming home to men long after 8
ley had committed their business !
listakes, and review Of some of 3
lem would be intensely interesting ! t
nd full Of lessons, but might not be T
alished by those of us who were
sed as examples. r
1t is we'll enough for all men to {