Mr. Banker: I certainly do believe it can be done; indeed, I know it. But every banker must be compelled to do his part; that is, be ready at all times to carry his proper share of reserves against his deposits. One half of the bankers of this country cannot ride the other half, that is certain.
Mr. Merchant: Mr. Banker, what amount, or percentage of reserves do you think a banker should carry?
Mr. Farmer: Now, hold on, just a minute. You can't get into that subject, because I want to hear it, and I've got to go home right now.
Mr. Banker: Very well, gentlemen, we will put it off, if you say so, until next Wednesday night.
Uncle Sam: This is the second time you men have said that you would take up reserves. Indeed, it has been so long since you talked about taking it up before, that I was afraid that it would be overlooked entirely, and yet nothing but the standard of value itself is more important. Now, mark this, we want the right kind of reserves, and plenty of them.
Good Night.
RESERVES