IN THE SADDLE AGAIN 167 



Goulds through and saved many a Huntington 

 from bankruptcy. I had one large debt which 

 was not a debt. It was a loan to the pool mana- 

 ger of money which I never received . but which 

 was put in my name by the president of the sav- 

 ings bank which made the loan, who was himself 

 a member of the pool. After the failure I stood 

 for the liability conditioned upon the bank's ac- 

 cepting the equity in the Castle and a mortgage 

 on the Elizabeth property in payment of this, 

 and I believe other loans which were secured by 

 the same stock. This left the savings bank with 

 real estate and mortgages which were in their 

 line, and offered a fair prospect of making good 

 their losses, instead of shares of stock which in 

 their hands were hopeless. I made other similar 

 deals, with the result that I had a few thousand 

 shares of Atlantic Mail free and the rest of the 

 stock tied up, but with obligations in the form of 

 loans and mortgages that were frightful to con- 

 template. 



At the first election of directors of the steam- 

 ship company I made a clean sweep of the old 



