I hurried down to the office, where I received the same information officially, by telegraph, with instructions to make proper disposition of the affairs of the bank, and to come out to St.
Louis, with such assets as would be available there.

I transferred the funds belonging to all our correspondents, with lists of outstanding checks, to one or other of our bankers, and with the cash balance of the St.Louis house and their available assets started for St.Louis.

I may say with confidence that no man lost a cent by either of the banking firms of Lucas, Turner & Co., of San Francisco or New York; but, as usual, those who owed us were not always as just.

I reached St.Louis October 17th, and found the partners engaged in liquidating the balances due depositors as fast as collections could be forced; and, as the panic began to subside, this process became quite rapid, and Mr.Lucas, by making a loan in Philadelphia, was enabled to close out all accounts without having made any serious sacrifices, Of course, no person ever lost a cent by him: he has recently died, leaving an estate of eight million dollars.

During his lifetime, I had opportunities to know him well, and take much pleasure in bearing testimony to his great worth and personal kindness.