REVOLUTION IN THE SOUTH 



at Yale, and if it really were gold, he'd build a high 

 fence around the yard so that the neighbors couldn't 

 see what he was doing. Then he'd go to mining with 

 the garden spade and the ash sifter. With the first 

 money he got he would buy the lots of his two next-door 

 neighbors. 



"Just before his vein petered out, he'd sell out to a 

 Wall Street syndicate for a cool million, with which he 

 would buy a little chunk of the stock of his local bank, 

 so as to become a director and know what was what in 

 his home town. The balance he would invest in a good 

 Hartford insurance company, and four snug little Con- 

 necticut plants making brass piping, ball bearings, plas- 

 tic cigarette holders, and wooden nutmegs. About this 

 time he might tell his wife what he was up to." 



We grinned cheerfully at each other over this Scot- 

 tish summary of a New England business career, and 

 McDonald went right on. 



"If a Southerner found a gold nugget in his garden, 

 he'd set his yardman, Woodrow, to digging up the 

 magnolia beds while he ran to show his find to black 

 Aunt Sally in the kitchen, and to his wife, and to his 

 three beautiful daughters. Then he'd take it down to 

 the president of the bank. The next week the local 

 paper would report that he and the banker had gone to 

 Richmond or Atlanta or New Orleans about his gold 

 mine. 



"They would confer with the second cousin of the 



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