The Premier and the Socialist
The Premier and the Socialist
Were walking through the State:
They wept to see the Savings Bank
Such funds accumulate.
"If these were only cleared away,"
They said, "it would be great."
"If three financial amateurs
Controlled them for a year,
Do you suppose," the Premier said,
"That they would get them clear?"
"I think so," said the Socialist;
"They would -- or very near!"
"If we should try to raise some cash
On assets of our own,
Do you suppose," the Premier said,
"That we could float a loan?"
"I doubt it," said the Socialist,
And groaned a doleful groan.
"Oh, Savings, come and walk with us!"
The Premier did entreat;
"A little walk, a little talk,
Away from Barrack Street;
My Socialistic friend will guide
Your inexperienced feet."
"We do not think," the Savings said,
"A socialistic crank,
Although he chance just now to hold
A legislative rank,
Can teach experienced Banking men
The way to run a Bank."
The Premier and the Socialist
They passed an Act or so
To take the little Savings out
And let them have a blow.
"We'll teach the Banks," the Premier said,
"The way to run the show.
"There's Tom Waddell -- in Bank finance
Can show them what is what.
I used to prove not long ago
His Estimates were rot.
But that -- like many other things --
I've recently forgot.
"Advances on a dried-out farm
Are what we chiefly need,
[...] Read more
poem by Andrew Barton Paterson
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