A Shrewd Parson.
„ _O A New York Sun special cable from -:■ London on November 24th, referring to the financial situation, mentions an amusing incident concerning Barney Barnato, the King of the Kaffirs. A country parson wrote to him recently, "My aim has always been investment, not speculation. When your bank came out I regarded its shares as an investment, and purchased 400 of them at £4, sinking my little all in .them, and a good deal more. They have now fallen to £2 and I am undone. I cannot face my parish as a bankrupt. What am Ito do? I throw myself upon your mercy." Barnato was deeply moved, and replied that be would buy back the shares at j£4. On receipt of this reply the guileless ;■ parson wired to his brokers to " Buy 400 shares of Barnato Bank stock at £2, and send them to Barnato Brothers, who will give you £4 for them.' '
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Bibliographic details
Feilding Star, Volume XVII, Issue 159, 8 January 1896, Page 3
Word Count
155A Shrewd Parson. Feilding Star, Volume XVII, Issue 159, 8 January 1896, Page 3
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