Democratic Sentinel, Volume 15, Number 23, Rensselaer, Jasper County, 26 June 1891 — THE FINANCIAL SITUATION. [ARTICLE]

THE FINANCIAL SITUATION.

As Illustrated by a Stoby Told by THE HUMOBOUS PbIVATE John Allfn. . Th ; Mississipians are agreed that the country needs more money. On the broad gallery of the Jackson Hot 1 there is entire unanimity as to that proposition.— And while these hot June days bring forward cotton plant, and it is nip and tuck between weeds on the one handandmule and nigger o . the other hand, the politicians discuss financial theories with great vigor and shrewdness. Private John Allen says the situation reminds him of a story about an old Virginia gentleman who had the courtly manners of a Chesterfield and not a bit of business sense. One day this old gentlemarf and Mr. Allen met, and the former inquired with great particularity after the latter’s health. Gradually leading the conversation up to what was on his mind, the old gentleman said: “Mr. Allen, you are a man of general information. Can you tell me how I shall go about it to getja loan from the bank. I need a small amount of money. I have very little acquaintance with these finan. cial matters, and it occurred to me that you could tell me the best way to go about it.“ -Oh, yes!" Mr. Allen said, “I can tell you how it is done. The transaction is a simple one. How much do you want? ” “Only SSOO, sah!” replied the old gentleman. “Well,” said Mr. Allen, “all you have to do is to go to the bank and deposit your collateral. The bank will at once advance the money to you, ” “ Collateral?” ’ inquired the old gentleman, looking a little puzzled. “Yes,” said Mr. Allen; “say SSOO in U. S. bonds, or something as good. There is no trouble at all about getting the money.” The old gentleman’s face cleared up as he said: “Oh, yes I understand. Thank you, sah, for the information, ” and passed on as if entirely satisfied. A few days after that Mr. Allen met his venerable and respected friend. After the usual prolonged greetings and inquiries, the old gentleman suddenly asked: “Oh, Mr. Allen, as to that matter we were speak - ing about the other day— can you tell me wheie I could get about SSOO in United States bonds?”—Jackson special St. Louis Globe-Democrat. Elder L. E. Murry, of Delphi, will preach in the new Christian church next Monday evening, at 7:30. The Missionary Baptist church will hold services in the Court| House next Sunday..—Sunday school at 9:30 a. m.; Preaching at 10:45.