_First_: All these various forms of banking are distinct in character and economically the funds of each perform a peculiar function that must be recognized and observed or we shall make a great fundamental error in constructing what we hope will prove a sound financial and banking system. We must provide that the commercial function, the savings function, the trust function shall be kept apart by separating the funds arising from each, and keeping them completely segregated, in order that the country may always know just what its commercial fund is, as distinguished from its investment fund. _Second_: There is such a great demand for Farm Mortgage Loans by those who are pursuing agriculture that I am convinced that some provision should be made whereby the farmers of this country could obtain money upon their lands, as cheaply as our great railroads and other corporations are able to do. I have given this matter much study, and as you gentlemen are aware, I am a member of the Committee appointed by the American Bankers' Association to investigate and report the best method possible to accomplish this purpose. Therefore I think that we had better consider it here. MR. LAWYER: I am in perfect accord with what you are aiming at, but it is almost eleven o'clock. MR. LABORINGMAN: I have been waiting patiently to see whether you gentlemen were going to provide in some way for coöperative credit, but up to date, you've not peeped a word. MR. MANUFACTURER: Both of these subjects are really outside of a financial and banking system, the particular thing we set about creating. However, I am perfectly willing to take a night to discuss them, and if we should find that either or both of them should constitute a part of our plan I am ready to adopt them. MR. BANKER: All right, I am agreed, and I think we all are agreed that it is not only fair, but advisable, that we take up the whole subject next Wednesday night. UNCLE SAM: Do you know, boys, I am really proud of the work you are doing; you've gotten on swimmingly. You have shown such fine moral courage in caving in when you found out that you were wrong instead of playing the part of the jackass that has not intelligence enough to discern when he is in error, and too obstinate to change, if he happens to find out by accident that he is wrong. MR. MANUFACTURER: Uncle Sam, I am a Democrat, and I look upon that as a personal stab. UNCLE SAM: Just wait a minute, or playing the part of the elephant, that is so turgid, or possibly designedly stupid, or so calm and by self-satisfaction lulled into a conservatism that amounts to reaction, and therefore refuses to move. MR. MERCHANT: Well, I'm a Republican, and that looks like a slap at me. However, I guess Uncle Sam is just in for a housecleaning tonight.