Career · Entrepreneur memoirs
P. T. Barnum:Struggles and Triumphs, Additional Excerpt 411
P. T. Barnum《Struggles and Triumphs》· Struggles and Triumphs · Leadership
By and by I heard that the banks began to hesitate about discounting my paper, and knowing that I was good for $110,000 several times over, I wondered what was the matter, till the discovery came at last that my notes had not been taken up as was represented, and that some of the blank date notes had been made payable in twelve, eighteen, and twenty-four months. Further investigation revealed the frightful fact that I had endorsed for the clock company to the extent of more than half a million dollars, and most of the notes had been exchanged for old Jerome Company notes due to the banks and other creditors. My agent who made these startling discoveries came back to me with the refreshing intelligence that I was a ruined man!
Source:
https://www.gutenberg.org/ebooks/50115
Locator:Additional excerpt 411 · Verified:2026-10-19 · Verification:Short excerpt
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