When this army grumbles, as once in a while it does, there is good cause for alarm; not that they, like the disaffected of other armies, may do damage to life and property, but because their troubles are almost always traceable to stock-juggling rascalities, from which the men have no hope of redress. Some of the companies allow no business operations to interfere with the rights of their employees. Mr. Cornelius Vanderbilt is probably the most extensive owner of railway stock in the world, but he finds time to see his own employees frequently, and has even built and furnished a handsome club-room for them. He has also been active in assisting the Young Men’s Christian Association in establishing reading rooms at railway centres. President Charles Francis Adams, of the Union Pacific Company, found time not long ago to publish, in a magazine article, the outline of a system for retaining and encouraging competent employees. President Roberts, of the great Pennsylvania road, is as proud of his men as any general ever was of his army. These railroad magnates, and others who might be named, are setting a good example, which it is to be hoped some other officials will have sense enough to follow. It is bad enough for stockholders to be annoyed and impoverished by stock-juggling operations, but when the employees also suffer the whole country suffers with them. It is an unpardonable crime for any company, managing a road which deserves to exist, to take such good care of its managers that its employees must strike and even fight to be sure of living wages. Railway strikes hurt every traveller, every shipper, every receiver in the country. They never would begin if managers were honest. Stick a pin here and keep your eye on it. CHAPTER XIX. BANKS AND BANKING. We are told by an old chronicler of the quaint and curious that in ancient times a number of Hebrews scattered in the cities along the shores of the Mediterranean conducted a most profitable banking business without the use of capital, by drawing one upon the other, in a perfect circle, the draft upon one being taken up by the next banker in the series, and so on _ad infinitum_. Perhaps it will not do to scrutinize this story too closely, but there are many instances of almost as odd and ingenious devices in the history of banking. It was not until within a comparatively recent period that banks began to issue circulating notes. The early bankers were for the most part merely lenders of money, and this species of banker was called into existence very early in the world’s history. In fact, he was the natural result of the invention of money.