Deseret Evening News | 1908-02-14 | Page 5 | One Lesson from the Panic

ONE LESSON FROM PROM THE TIlE PANIC Philadelphia Inquirer The Tho lesson lelson to bo be Impressed upon tho this public and especially the tho banking hanking fra fraternity fm ra Is la that lint banking Is an tin independent dent profession Tho The man who does docs not give glo his efforts wholly and singly to his bank Is III not lilted fitted for his nosi tion Tho The opportunities to use uso power anti and nn l money to advance ad personal for tor fortunes fortune tunes tune are many They aro are often otten used without loss but It seems certain that there theme are uro tow few men who ho can an stop step a lit hit hittie tie lIo outside tho the plain patti path of ot duty und mid not go soa a good ways farther than they Intended Primarily the tho trou troubie bleu blell bie of last fall due duo to enormous speculation and tho lie speculation was possible because bankers wore were either olther speculating on their tho II own account a count or were allowing speculators to use the tho funds which ought to havo been used for legitimate business tI only