Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1843-09-26
Total. ssoI2 600

Oct II, 1882 100000 Bank faded afer notice of
the d'shonor Of her
d. ParS received IN
NV YORK.
jan 1910, es95 sol Bank h.,I.g lcrn in s,r~pen-
sion - October J /.
jan 1871. zl57,5l7 There Wa a.ss ss4i55ao
Pos y t.s held by oihsr
banks oEl.r n n the
hank nig ~ y sune, wAich
II dad.
Feb. 1911, 35s..G2. Final failure of the hank
Pot creased
SGlss.963.
April |, ISL, s9i516 Bank pu IL lqalst on.
Here j. concSe history of the ri-e aud fall of
al banking. AMI l. full of instruction From 1917 TO
ls2s. period Of years The circulation rose
over So OoOo 600 excep, ia 1918 G n hr.u sht
hn TIE OF destruction. savci from
pen> hy miracle. In ISIS. the bank entered 10, Wy
tex Of politics. which in"vIfAhlc-o large sud
shadovlng an iHsaiuon ciunei exist Ia c,auiry h>e
tbs VIII patty poiic> high. without bang >e5zsl
upon 10y ia-veTs fr th.ir lxauretent.
H. the Tour eed wears Tie .s.rrad" oi the bank
very rapid. lis pushed iuto all sections
like "a, Al ~ der ". s,rcad ssiier-
ever votes were 10 he u-hhui The Trsull ,cry diff
fereit from what citat d. ins..ad ea,,,.g the
opposing party. tic ..'ien "i the cau~cd
hersl rse IA fuc,s: nd IA ls3- niA toll cur my
aaa ish prirsS- The -rrod c.r C.srai J. k-si
ctrr'cd almost ty acelan,on. Tic tat e high
prices operated upon tie Whole country IN favor If the
p4r'y power. aud TAR II ths,
dae tni direct influence q; Bank ioats which Routed
3
fate scaled The enormous loans then made
never recovered and - the oi $50 0r0 0G0 noe ex
H., characcris iy the Investigating ce'nne- only
noi mercantile paper FIon that up 70 1897. The
SAT " OF the hank existed only hy III strength Il
cre, AID s.,r-al rau~ion of other banks.
Ia IS37 universal Suspension covered ~ Insolvency. Its
struggles d,spr,te "a prevent the option Of the
Nv \ srk banks s3s hui Puhii- opinion
conn eled all the banks resume Ian 1889 Ff"u that
tue June apYcars that tie crrtii.n driven a.
upon IL 10 the extent of , 600 600. c,s.que,e #
the los of credit. The %; ~hrh
The concern held were inactive II sup,s he active
means, Of which deprived by ise of
culapp post said a. heavy d-col-.i ~ Al
SECTION. of the Unon AID iaay ih- s,l # r,ns bis
81 fxr hauee re-ord aV"vsd ~ fhr irr az j.
CoHp cithwaie the ca>hef. sub fqutfiy published o.
conn e sus iison f The y \ ilnhs orlcr that tho
uuver 81 ins iscp RAJ sh COX the bankruptcy Of
tie late ai,s iank. The fuse failed. hoa yer and
ma-k vas torn from tie corruIi Of Of the
great - ours "N'i Inflicted upon epic. l. the iirai
future OF tie bank tie country os-apd only ~ three
week. # tn er'a's-i Gala Mite that could
"a The revolution Il 1910. hr.u- ht about bg the
m Of p'iccs. orcaspned d a. proa Of The currency
-Ie.e level. hr'u sh power the bank
pirv Narh IL, 1871 he hank failed in Febrnlry
1911. Mr.. Blti!c exp aiue su,-, qrcni letter The
H. la k omitted by ning Jai.usry ISL
lie sai,d that they hal kept uu'l March l. hey
Then. u,d he new al u..-i'aon would haze rerei,ed
gov. i o~si-. have
b,nk aud with credit AID n,sau thus neRed. have re-
ooserc t4eir affairs The fnanrirr- oscrsh "a nisesc.
this matter h0 The gpHfruu GOA i have
gison rs dep1-iie. % asu pfndcl han.. a'd u wh
gan lftc character rrior rsr,s,Dg pubic
nerrF. that size is-Hr.asol 'ifctsi Ia L. 1871.
ic rotten hai anee,er. ie-s strength than even
A. do psed l. cauii nj. the foiI-
git4s ,iilfis ~ -a3ling tie Other hrls nh
$500 o10 - - post ie. be- T. a. bold pf ire
scI4. 90 ass l. staggered until tn r.fsf' - rs
supp exhausted. when FL lus wifl
the eptians II al CONNECTED enh A. and all hope
II tie politicians he .-iaf h,.ni another nation
al hank. here a. 's- amid The te-aion hs, created.
sufroanj \ ls lans ~, States and d aanorcI puai,c
isith. rruit ari fostering ioul ulcer to
.....nna cAafa,tcr.