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Updated: June 24, 2025
And society received the young expectant of enormous wealth, as society always does, with excessive adulation. Salome was admired, followed, flattered, feted, as though she had been a beauty as well as an heiress. She was petted at home and worshiped abroad. Her father gave unlimited pocket-money in form of bank-cheques, to be filled up at her own discretion.
The bank failures West and South, and the pressing requirements to move produce to the ports, led to very urgent demands for currency in Wall street, and certified bank-cheques were quoted at a discount of from two to four per cent. as compared with greenbacks, while fears were entertained that the continued suspension of business would be only productive of harm.
Occasional failures, both among stock and banking-houses and the mercantile and manufacturing community, and in as well as out of New York, were still reported, including three large city dry-goods firms; and the pressure for greenbacks to send to the country continued to be so severe that from three to four per cent., was paid for them, as compared with certified bank-cheques, for several days, though the premium dwindled to one-half and one per cent., before the end of the week, advancing a week later, however, to one and one and a half.
Foker, senior, between whom and his lordship there had been many private transactions, producing an exchange of bank-cheques from Mr. Foker, and autographs from the earl himself, with the letters I O U written over his illustrious signature.
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