The Washington herald., 1922-12-30
FINANCE
AND 80
|RUSINESS
~ n q fORAA.

@SNSS W L. N. LEiifSC 81o SoIu-
pany to give the ticker q fresh
dose Of ink Theodore Prince
looked up and greeted him with,
What are you putting on, bull
tsh or bearish ink?"
"Bullish ink. My bearish ink
Is all gone," came the immedi-
ate reply.
"Do you want a job?" asked
Mr.. Prince.
"Sure."
"6 %Can you start Monday"
That was about eight years
ago.
This month the ticker mixing
youth was admitted to partner
ship in the firm, one of the rec
ognized leaders in the invest
ment field.
He was Tommy" eight years
ago. He is Thomas G. Camp
bell now.
How's that for rapid advance
ment?
l had a pleasant surprise this
week when Herbert Fleisch-
hacker, San Francisco's leading
banker, dropped in for a chat.
Let me say this. ] have
knocked around the world a
good deal and lived in many
different towns and countries.
Yet l know of no place where
It is easier to make warm,
worthwhile friends than in Cali
fornia. Naturally. because Of
my work, have made many
acquaintance and friends in all
parts of the United States. But
/ rather think the Californians
have a happier knack Of being
friends than are the people Of
any other State.
Perhaps I should qualify
this by saying that, while I
have paid flying visits to a
few parts of the South. have
never made any extensive tour
Of investigation through that
important part of the Com
monwealth. | am Planning to
do so next year, an1 ! am not
at all sure that the Southern
ers will not prove as cordial
and as friendly as even the
Californians.
Mr.. Fleishhacker has already
arranged one important financ-
ing deal since he hit New
York, a deal which will greatly
interest not only the people of
the Pacific coast but those in
Utah.
He has hopes of arranging
another and even more impor-
tant deal, which, if carried
through. will interest not mere
ly the Far West but the whole
country.
AS / emphasized in my writ
ings during my trip through
the United States this sum-
mer, most of the biggest indus
trial developments in the COM
ing decade will be in the Mid
die West and the Pacific Slope.
High railway rates are hasten
ing this evolution.
A reader sends this:
THE reason some people
don't leave any footprints on
the sands of time is that they
spend too much time sitting
down"
| hear that Wall Streets
most spectacular young plung-
er has been getting a severe
drubbing in Mexican Petroleum.
He is understood to have been
heavily short of this stock
when it was run up more than
sixty points the other day.
My guess is that this young
daring gentleman will one day
and perhaps sooner rather
than later-go the way of his
plunging predecessors, namely,
broke.
/ have a good story that l
may tell about him by and by.
| asked a millionaire the 9TH
er day how his son was getting
along at college. "Fine," he re-
piled. Then his face broke into
a smile. Whats the joke ?" |
asked.
II had a visit with him the
other day" the dad explained,
"and he looked unusually spruce.
! remarked to him that that
was a swell suit he was sport
ing and that | guessed it had
cost him quite a penny. 1T
didn't cost me a cent he came
back. / asked him if he could
let me into the secret of how
to get new suits for nothing.
Then he explained:
Apparently, he found when
he went to college that the tai
lors there charged much higher
prices than were charged by a
tailor where he attended prep