A New Way of "Raising the Wind"

Waihi Daily Telegraph, Volume IV, Issue 1092, 13 September 1904, Page 3

A New Way of "Raising the Wind"

A simurtßAN bunk nniiagor in England some lime since was stupid oiioiirli to allow a friond of liia to overdraw his account by X2OO, upon tho dostiuot under - ataading (hat it should bo put right in ten days, At tho oxpirntion of tho limo nothing had corao into credit, so tho banker sent for his friend. " Look hero " said he, "you must pay thatmonej in or I shall lose my bi lot, On Thursday next oui inspector will bo horo, and I muss havo the account oil my books," "I nm absolutely stuck," said tho other. "1 hiwo tried ovcrytliing under the sun. You know I made sure of that thing coming off, and I know no moi'o how t) got tho uionoy in by Thursday than tho man in tho moon; but in tho courso ofacouplo of months I can do it oosily enough," Tho moiiagor thought for eomo time, then' said he: " You must draw a hill on someono, and I will put it through for discount; that will closo your beastly account in tho meantime, and you must find tho money before tho bill comes back." *' Can't do it," said tho customer. " Don't know anyone on whom I can draw." " But," said tho banker, "you must. Draw it on tnyone —iho Premier of Now Zealand, or, bettor still, the Shah of l'orsiii; he will do hratrato, It won't bo back for some weeks," " Tho Shah of l'orsia," said the other, What sonso is thero in that ? Ho wont'l pay," "Of courso ho won't, Auy fool knows that, Don't you see, all I want is something to put to your crodit. You draw tho bill, I'll discount it, and that gives you six weeks to get in Iho cash," llc'luciantly the customer adopted the banker's suggestion, and in duo courso he drew a bill of Gxchango on tho Shah, and away it went by next mail, Tho drawor immediately sot to work lo collect the cash, k ho had all soils of vagno misgiving as to what would luppon, and tho s : x woeks went by, when he received a telegram from tho uiimngor domanding, his immediato rtttondanco, " Look hero," said he, "I'm hanged if that bill hasn't boon paid by the Shah, but he is in a devil of a rage about it, and a stiff loiter has como also. Hern it is: 'I am directed by liislliijoity Uio Shnli lo say that ho has paid the draft on him for JU2OO, but ho request* I hut in future no bill shall bo drawn on hitn unless a full statement of tho consideration fort : io bill is written on (be back thereof.'" —Tnbk'au.