The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-16
THE SAVINGS BANKS.


rknolpg that qcet ard c,nddng anrps ihs. whom
things to tbs worEi they mend" Win the other
ary tsabL bSens, many or which were swept out
OF commercial BY the violert financial hurricane
that visited us iasiSgs by every
10 be the nobest foundss ID NO iyaus5le nducary
Institutions Of tho pr esen. M tic pre5sare, but were
too atgerg In the pub oonGttrce 10 be shaken. Ihoy
have proved theDfo worthy OF the iruss The pubns
have In them, spd the trustees via ped. hy tho expa
rerce or the ra low days 10 render sny future panic
msns far tho credit Of lh-ae institutions Ia
cd, inrcs'i 'ibio
Yesterday our reporters vised AL savnsi baakz ard
everywhere found publn confidence re5toed. raeraWss
ns'hny Of what might DO csh run any Of sbese ins
uonr With The exception ofhe Rleecker streot bauk This
o.ssbihment rces y! presen moi TO DO In very good
cdor with the public, from whatever cagEo Il may axzo,
AMI their depa,iors insiined ,bon win
his one exception there nothing unusual about the
oiser banks Tnerc no crow, aud in toms cf thep
she derosi were nearly eqdal to tho traits number OF
those who withdrew ber deposits in gold few days Pre-
vous returned with the Same money, and depozed In
these naile ens Thus In Tie B,wery sa7rg7 fank tho
receipts $500, and tie psy n,ens bat 5000.
The PEOPLE every Hhere satisfied with course
acon pursued By tho savings nkI paying cut
but len per cent OF the deposs This, with the payment
or claims In bs gives tho confidence tho ia,gsss
end best casr Of deposois, whose .a in tho wisdom OF
Tho might be diSur bed they continued 10 gay 70
each pspo stricken iepcalsoE the full Amoun. claim
In sold. This matter clearly brought bcgs.e the pub
uc in fov remarks maco by ono Of tho
tiuitfss or the BoWeEy ssv.sgs Bans, VINO, In
addreas.ng = frsh ened apploan. wEo demanded
his ristt . certain snornt, Esis;-
In no nrst pine, think tha. you sstisr uuscr
-Tcng olon that your money 10, rsto IN secgng,
VIXEN / much ssfcr h.n IS can DO In our hanss
You dopt ant h and s lear alone thst Induces you
dsss t. Again, you fgrfos. interest You acting
ard then viii day OF want, which s vsry nseiY
this wipier tnd you will have nothing 10 faii back
draw their money allow you /, wsAEsn con sdenoe Ia
their sccrries 1hese DO not bslorg you alone bnt
eli tge,her, and boand to guard the rsht OF all
You sre .rreaeips alarm anorg me poar uhs hss mont
nred n save and thauEsnta u psooie will soro theif
esnrgs AID ne tsro IN on tho public srces FOR support
EowsRY SAVINGS BANK.
Thero was ousids-in fac, 20; SOLITARY mar
woman or child lO,eges about The docra-po,ps passed
and rsp,'scd ss nothing tad hapDeued Iasao there
were bat fc<, and these oausrts unsed BIZ tenn
porAy necessity. Ths hank psa ont s67Qq and received
20 100 One man ie2ooi fI SO IN gold ts had drawn
cut Few dsys previous log ha wosi have hrcash,
back 'oener, but Tho crowd great Altogether tu.
1855 rerfons visited The hstk durps tee dA- snd :, ono
OF The o1isen said ~: ko sunday insa susi.
res cay" he Vica Psefidsn, Mr. Jsfenl.a, handed
or repoc' tae fc owing, ebodu ut a. ho yiss
M Tue uvstees ssNsrss the wess for tho manner 4,
Win Nsuss1ed ho fsyiugS banha durirg tbe late noau
esal crisis viii % cSasT Yad hs no Hrp,tp ,a n,,.
into The field Ksn-isg The perect Eovercy n taerc In
sGl'ns, and the I'm interests 81 r.tss ~ Gsse
lsuns fn fic" u succotdsd in rcnovirg much Pablo
etceE en-, that otaofuiss would have ocou-ss and ap
f 'sH IN he r'urrng y-ed CT TIC Scport5rs 10
keep ihsir money wtssc n II r.fo,s:-
Row~sT saylvca RANK
srtNy'ns y zoe trusiees OF 'hs rst.ul,s AMI no
coeb eenasy 80 10 Tie representatives. ~ her ssr o-
'nin NJ In city and ~ yclnr rta 10 peess hsv,
20 uhlq soAn and unaairnously tussincd these noble
sfebsh nsris or lbc h'rko,t tf1er og bsnovo,ese,
falufs TO meet un foil toh CT lhex Sxlsd dessso sy
tsc bf them AZ Il fr dsposlS upcn a. ns al was ysyy
proterly fefirdtd ~ tho pIess oaosee of tssl,un
sonnensss indeed me which II nos ,oInz.d by
be trustees Was the ste n walon tney nade 70 90 ss
Tte ursicss the sud lhslr cspos,crs ma, of
re st'trr sens tat ~ ssiss,s women sa .a5asr
massey ard The sica srcTs around tasr s.c1s bs oro
rsaa g rs,scsye = r1e'y feseior Tns ssscn %
suro 7snc W unhsp,iy enc tnsuli core) by iatevoosr
,sa a,y ee,sy arc N sirs for sas m nasns oaiy The
eart - Isst uord b. pseysEisd 5staH o. poso vbo
na,.s nor se yul,l q $40 iosiuasl 'hsr sayirs.
c FARO Edr,ty ~ be o. p9sod snl p.sa Ia tlr
oyn lnp- fccay proes.cd ewslargr raa pgao II ogsr
ira nc god y narasn r,m TAR naisu'ien been 10
si re't Ted totty ktxs wgek IL probsels ga. &C.
pals srd psymonis v III be cntrely resumed.
ILEKcKIR sTgsEr (oLp cHAxsEas srsEss) sAyrsss
BASK.
On TIE ono pillars eadsg % lhe back -ss pss.sS 40
for rfE:-
he baEss cr d'Soras sas csposR 10 our cly hayipr
teins om2esd 70 pY tpe eepos,,s IA n. h.as noses OF
% sse nshiutons Ttis hey aid 10 rveois ,hls bank
Of tho iIsuous wplsa are sccuseG ~ s.ocss pledged
wsh the Sompirolsr % no ssio.
Oar sporisr entered and 2cccstrg c' ihs oIc.ys
ssssd for irformsloa asos tso pHi o. uuue@ Of
claimants, 80. He referred 70 tso siioriT gsns-
men, si,sss the ofsor s,sndBg s dcsk laiiio the
rAinsr. Atdfesslng the sg,ilng efica, ho ssSs-
~ called air. from The HKsAID for asy fscz you havo
Stsres,ing to TIE pubHo In rcisaou - me ooApoiAl
rressdre your tanK I"
orriol1s,- F.ca-ptas ncp1 I hare ra1s, ate; tao
sus sfuT care sru,s for puOuesslcn.
"Bc ar," eeusihSed oar Esgeder, "a pecc-sAry FOR
be pubaov
oY,ni.l-we dsrg uurk 10 q any s,c ,hs pros
rouli ssve slcne 70 soud bo better.
RxPogrsR-we dssire 10 do all aIay unneoes.
a,y public 'ieneni and tne publication OF facts rsch
> ak FER ~ln aid IN doiEgso.
OyuoAt-i don't ihlnk 20, however; 20 have our Own
usine,s 70 loek snsR, snd ~hssr~ ne press msy DO
,cr not concern us
Ehr5ETu-it my impression, sIr you are ss'rips ur-
" v@y greet mistake via respect 10 the isasease of
press, and hluh ycu sashs 70 feel plessaro szss
u 10 spread the true sAsa OF the snors 10 pecpe
no ennuss thei' money with you.
Finally tho of ssi s;atd lhsy hid psi oai tt0,eo,s
" for Aree isys- hat ihsy paying iaeir dsposos
10, an scllns up % gser by svs
eIxrErSY SAVINGS BANK
has ssscco on deposit, secured b. real estate, rxages
Id cash In b,s r. s1y money In ssccks.'
els no embsrrNsrc7 c7t CT FtS93uN' ff'1 1Ns WV ""
cndsy; $500 on ITO Saturday, psevio4s, ard s rnal
rasy In sgecis.
Perbsrs no o,scr b,rt hss tecr lcss Affected rh he
-rcs cv lte psrlo tss rhs Gisis 80 lsFJaY
~ Bset she tho depos tm'uned 70 ~ ssa ten times
rcrme, Al tbs lasll.rlicn on accouss cr We sr.ll
reun- ,ha, gradually msls'a ~ rs ooassa acceI
,n Of fe- eepss aao, many u'essauug Tscsaesso 90
r whIie cur reporter standing bY tas as-x bslsd
cd nnle bog came in and presented ia bcsz gha
ance ia hii rarOr dollar ssd iwsny aye cAxss