The City of Glasgow Bank.

Wairarapa Daily Times, Volume IX, Issue 3006, 18 September 1888, Page 3

The City of Glasgow Bank.

The London Standard has mado sttne commonts upon tho generous . provision mado for the shareholders in the unfortunate City of Glasgow whichmquote as follows: ago a Glasgow Bank closed its doors with a deficiency of some 6,000,000 staling, and by tho principle of unlimited liability utter ruin foil oA all its shareholdeis, savo those very few who could meet so enormous a call as nearly £3OOO for each stock, Thus, while the bankV W ero paid to the last farthing,the proprietors were simply stripped of their all. Instantly the Scottish purse—which is supposed to shut with a very Arm grip—was opened wide,andwithout any special appeal to men of other nationality, there was subscribed in aid of tho unfortunate shareholders no less a sum than £387,000. During tho last ten years that sum 1.,u been adminiutered so that no shareholder hus suffered want nor any privation unsuitable to his or her condition of life. Chiefly, of course, that has been done by grants and donations to the aged and to women, and large sums have also been lent to those who had going businesses, or werjfitto engage iu trade, and considering the -Un of such money, lending, it to find that of thes9 sums only 17 per cent have had to bo written off. To-day the fund has still £IOO,OOO or thereabouts at its credit, and in order to close its affairs it is Mused to spend £BO,OOO in buying annuities for 72 pensioners, of 'whom most are ladies, and after that there will remain about £12,000 to bestow among those who deserve further aid, but are not classed as pensioners. Finally, it may be noted that tho management of these great pecuniary affairs with all their intricate social difficulties, lias cost in eight years less than £BOOO, which is about one-sixth of tho addition made to the fund bvjudicious investment. These figures are eloquent. They speik of generous liability combined with keen business thrift, while as' regards those shareholders who only accepted loans, they tell of the sturdy independence and resolution which enable men to begin life again, and to win fresh victories from fortune,"

and StellaEven Jfella, though believed by her frienWtb have been ultimately iinitecl to. Swift, died without any public recognition of the tie; they wore married, it is said in secrecy, in the garden of the deanery, when, on her part all but life had departed. A story is told (on slight evidence) that Delaney went to Archbishop King's library about the time of the supposed marriage, As he entered Swift rushed out with distracted countenance. King was in tears, and said to. Delaney, "(You have just met the most unhappy man on earth; but on the subjeot of his wretchedness you must nover aßk a question." We, too, may refrain from asking questions about the love affairs of one who seems to have been constitutionally incapable of being happy himself, or of. making another happy ; for not one of theories on the subjeot quite explains the faots. wn death removed Stella from Sw® and he was left alone to think of ,ijs)t he had lost, ho described her as," the truest, most virtuouß, and valuable friend that I, or perhaps any other person, was ever blessed with." The tenderness, of which his attachment to Stella has been the strongest sjmptom, deeply as it had struck its roots into his nature, withered into cynicism. But a lock of hair is said to have been found in Swift's desk whon his own fight was ended, and on the paper in which it was wrapped were written words that have become proverbial for the burden of pathos that their forced brevity seems to hide, " Only a woman's hair." It is for each leader to read his own meaning in them.—Cassel's Magazine,