Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1842-01-25

from CINCINNATI an account of a terrible Bank riot
in Cincinnati and the destruction of four shn-plaster
banks with the calling out of the military and the
consequences of the riot The causes ofthis sudden
outbreak detailed at length in the annexed letters
and extracts.-IBoson Times
From the CINCINNATI Enquirer
CINCINNATI, Jan. H. 1912
Miami Exporting Company Bank-Cincinnati
BGnk-GreGt Excitement, Riot, &c
The Miami exporting Company Bank yesterday
refused payment of its paper and closed its doors be-
fore the usual time of closing business for the dav
This morning the paper of that and the Cincinnati
bank was refused in market The former remained
closed, and run was commenced on the latter when
notice was pasted upon the door in the following
words" This Bank has suspended payn,eal for
tooenty days." An effort simultaneously made
to close the doors of the bank, but the crowd which
mad become by this time large prevented it, and
rushing in, demanded redemption for their paper
The persons in the Bank, fearing for their own
personal safety and finding it impossible to Withstand
the run, run themselves leaving the premises alto
gether in possession of the crowd which was con-
stantly increasing both in numbers and excitement
The furniture, counters, &c. of the concern were
now laid hold of and thrown into the street, where
they were mostly broken UP. We saw one ndivid-
ual with the top of book on his shoulder and
couple ofchairs in his hand, moving off, Being
asked if he had got enough to make him whole, he
blanks, books, &c, were torn in pieces and trampled
under foot, with degree of excitement and indiscre
ton which nothing but sense of deep wrong could
have caused At this moment, (half past one) an eff
fort is being made to break into the vault or safe
The crowd is large and under great excitement The
Sheriff, Mr. Avery,went into the midst and made an
effort to be heard but he was picked up and carried
into the street
The Miami Exporting Company Bank, standing
only two doors above, is barred and boled and some
wag has written on the door, "poor old con-" Lou
gee, upon the opposite corner has shut up, from APP
prehension, as many say, of violence-others, from
inability to pay. The Exchange Bank is open and
paying
Ten Oclock--The crowd having completely rid
died the Cincinnati Bank, broke in the doors Of the
Miami Exporting Company, and took it through a
similar process. The mass of excited people has
been steadily increasing Main street, from Third
half way up to Fourth, is literally blocked up and
there are many at the corners of Third The Mi
ann Exporting Co concern, we presume had little
OF value lett IN 1t by the managers Its books and
other valuables had most likely been removcd-of
specie and other bank paper, there was probably no
occasion for removal We saw blank checks, &C.
&c. thrown out and sent flying through the air:
but they were all blanlI-bubbles merely
The Exchange Bank is still open and paving
we learn that demands have been made of MIR Bates
at this bank, for the redemption of West Union pa
The police and constabes have made some efforts
to quell the disorder but whether any persons have
been arrested, we are unable to say We hear no
sympathy expressed in behalf of the sufferers amonp
the bystanders The public mind is so completely
outraged by the fraudand plumber of worthless banks
that even violence and riot is looked upon as the
lesser evil This is truly deplorabe state of things
IL 0ctock-An effort has been made to dlsperse
the crowd by reading the riot act and otherwise in
duclng them to disperse, So great was the clamor
and confusion however, that the attempt utterly fail
ed, and those engaged in 1t were compelled to leave
the ground, having been somewhat roughly handled
A portion of the Citizens Guards military compa-
ny, having paraded, were led with few fremen to
the place, and took possession of the buildings after
some resistance. Blows were freely exchanged with
the crowd and several shots fired by the military
1t is stated that one man has been shot The alarm
OF hire isnow being sounded-we presume to bring
the whole of the fire corps together.
Such are the deplorable consequences of the fraud
and wrong that the whole community have suffered
by means OF shnplasters In the excitement of loss
and suffering, the laws are trampled under foot
property is destroyed and perhaps life lost. We
much fear that the end is not yet
we earnestly entreat the good people who may
have been concerned in these disorderly proceedings
to desist-to regard the laws-to respect the auhor
tles-to retire peaceably to their homes and set their
faces like good citizens against farther ransgression
" olu0t, as wen as Oy means OF the issuing OF SHIN
pasers as the resort to violence in their suppression
What is gained by such proceedings? We implore
every reasoning individual to put this question to
himself The property, books, and vouchers of these
banks have TO great extent, been destroyed itmay
be utterly impossible, in consequence, for them to
pay any portion of their notes; whereas something
might have been realized Blows and wounds have
been inficted-a0hat has been gaiaed2 Admit that
you have been wronged, defrauded, outraged-are
you redressing yourselves Are you righting your
injuries by these means? Are you not rather de-
stroying the protection of your own propery--the
protection ofthe laws-and giving countenance and
support to spirit that regards neither property law
nor life2
Half past ORe-The office of Lougee & Co has
been broken open and Quilted The crowd has much
increased both in numbers and excitement We
earnestly hope that here this violence may be STAYED