Rensselaer Semi-Weekly Republican, Volume 36, Number 69, Rensselaer, Jasper County, 22 April 1904 — Millionaire and His Bank. [ARTICLE]

Millionaire and His Bank.

A well-known millionaire hastily entered a few days ago the bank where he carried a large deposit. He had left his pocket-book home and wanted cash. The bank wns sorry, but could not accommodate him. It was past 4 o’clock, the vaults were closed nnd the executive staff had gone home. The subordinate officers held a quick council, and one of them thus described the result: . “We.piled up every cent we had in our clothes, then we went through the clerks and bad every man in the establishment turn his pockets inside out The customer was many times a millionaire and could secure from us any day whatever sum he needed. But the time locks were set, and the best we could do was SSO In cash. He stuffed the roll In his pocket and hurriedly went on his way. We did not even ask for a memorandum, knowing that he detested details, and that subsequent word with his secretary was all that would be needed to reimburse the bank.” The Incident may be taken as illustrating, first, the limit which Is drawn in the control of banks of great financiers, of which so much has been lately heard; second, the advisability of presenting checks before 3 p. in., nnd, third, the absorbing power of great wealth and credit over the surplus cash of small capitalists.—New York Evening Tost.