THE FINANCIER 
and controlling such and such property ; the Union Passen- 
ger Railway—which was merely an extension, perhaps— 
controlling so many more miles and having such and 
such outstanding liabilities and resources; the North 
Pennsylvania Street Railway Company, having so many 
more miles, and so on. It meant more bookkeeping; 
but a large amount of bookkeeping, as he very originally 
and very early saw, was not at all a bad thing. It was like 
a maze or net in which one might wander blindly unless 
he knew or was shown how to go. Bookkeepers and 
assistants generally were never to be trusted with more 
than a small portion of the general facts. His brothers, 
for instance, did not know the various ramifications of 
his numerous deals, and executed his orders blindly. 
Sometimes Joseph said to Edward, in a puzzled way, 
" Well, Frank knows what he is about." He would trans- 
fer balances and claims from one organization to another 
to suit himself, since it was all a part of his property, 
anyhow, and no one but himself knew exactly how he 
stood. 
On the other hand, he was most careful to see that 
every current obligation was instantly met, and even an- 
ticipated, for he wanted to make a great show of regu- 
larity. Nothing was so precious as reputation and 
standing. He would call upon or write his bankers and 
trust companies weeks before an obligation was drawing 
to maturity, and say: " Now that matter of Union Street 
Railway sixes. That's coming to a head pretty soon. 
Do you want me to settle in full, or shall we go on? Or 
do you want me to give you some other stack in its 
place ?" 
His forethought, caution, and promptness pleased the 
bankers. They thought he was one of the sanest, shrewd- 
est men they had ever met. His reputation and standing 
were so obviously precious to him. And he was so quick 
to take advantage of any opportunity. 
"Oh, that's all right, Frank," Walter Leigh, the then 
27Q