Depew Sees Why Price Fell and Endorses Caution
Chauncey M. Depew explains price declines and warns against endorsing accommodation notes. He urges lending only what one can withstand losing, detailing risks of repeated requests, eventual bankruptcy, and damage to both fortune and friendship. Also includes brief anecdotes on creditors and a Texan's view of doctor’s doorplates.
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Chauncey M. Depew
Yale College
Commmodore Vanderbilt
Commodore
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Solomon
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New York Sun
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