, of Page, Bacon & Co., do hereby
certify that the house is solvent and able to pay all its debts,"
etc. Height had drawn up and asked them to sign this paper, with
the intention to publish it in the next morning's papers, for
effect. While I was talking with Captain Folsom, Height came into
the room to listen. I admitted that the effect of such a
publication would surely be good, and would probably stave off
immediate demand till their assets could be in part converted or
realized; but I naturally inquired of Folsom, "Have you personally
examined the accounts, as herein recited, and the assets, enough to
warrant your signature to this paper?" for, "thereby you in effect
become indorsers." Folsom said they had not, when Height turned
on me rudely and said, "Do you think the affairs of such a house as
Page, Bacon & Co. can be critically examined in an hour?" I
answered: "These gentlemen can do what they please, but they have
twelve hours before the bank will open on the morrow, and if the
ledger is written up" (as I believed it was or could be by
midnight), "they can (by counting the coin, bullion on hand, and
notes or stocks of immediate realization) approximate near enough
for them to indorse for the remainder.
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