late, but very corjal, are due to th' boys
that niver had a cent in th' banks, an' niver will have. They have
disturbed none iv our institutions. No great leader iv fi-nance has
turned green to see wan iv thim thryin' to do th' leap f'r life through
a closed payin' teller's window. Th' fellow that with wan whack iv a
hammer can convart a steer into an autymobill or can mannyfacther a
pearl necklace out iv two dollars' worth iv wurruk on a slag pile, has
throubled no wan. Ye're th' boy in this imergency, Hinnissy. Th' other
mornin' I was readin' th' pa-apers about th' panic in Wall Sthreet an'
though I've niver seen annything all me life but wan continyal panic I
felt low in me mind ontil I looked up an' see ye go by with ye'er shovel
on ye'er shouldher an' me heart leaped up. I wanted to rush to th'
tillygraft office and wire me frind J. Pierpont Morgan: 'Don't be
downcast. It's all right. I just see Hinnissy go by with his shovel.'

"No, sir, ye can bet it ain't th' people that have no money that causes
panics. Panics are th' result iv too manny people havin' money. Th' top
iv good times is hard times and th' bottom iv hard times is good times.
Whin I see wan man with a shovel on his shouldher dodgin' eight thousand
autymobills I begin to think 'tis time to put me money in me boot."

"'Tis hard f'r me to undherstand what's goin' on," said Mr. Hennessy.
"What does it all mean?"

"'Tis something ye wudden't be ixpected to know, said Mr. Dooley. 'Tis
what is known as credit. I'll explain it to ye. F'r the sake iv
argymint well say ye're a shoemaker. Oh, 'tis on'y f'r th' sake iv
argymint. Iverywan knows that a burly fellow like you wudden't be at
anny employmint as light an' effiminate as makin' shoes. But supposin'
fr th' sake iv argymint ye're a shoemaker. Ye get two dollars a day f'r
makin' forty dollars' worth iv shoes. Ye take part of ye'er ill-gotten
gains an' leave it with me f'r dhrink. Afther awhile, I take th' money
over to th' shoe store an' buy wan iv th' pairs iv shoes ye made. Th'
fellow at th' shoe store puts th' money in a bank owned be ye'er boss.
Ye'er boss sees ye're dhrinkin' a good deal an' be th' look iv things
th' distillery business ought to improve. So he lends th' money to a
distiller. Wan day th' banker obsarves that ye've taken th' pledge, an'
havin' fears f'r th' distilling business, he gets his money back. I owe
th' distiller money an' he comes to me. I have paid out me money f'r th'
shoes