The New York herald., 1871-11-24
An Anxiaus and Motley Crcup Of Merchants,
I'radtsmfR, LabOrers, Women
ard Children.
Hank Smith Explai2s and Hopes to Pay
Every Dollar.
Speeches by Judge Hogan, J. H. White, &C.
Arpoirt,ant OF Committee on Bc-
haf Of tho Dspositors

Greenwicn street for the purpose 0t aScertaining
the actual condition or the aars cf the ap arenty
desunct es'aDlishmeat and 10 nevie some means
WHEREBY tie assets ceald be maze availane Tor the
parties interested. There was mstikiuS tho
feeling OF the assemhlage. IL was inqaistive, In
dfgnanr ard determined, and there rrcva,e an
IMPRESSION throughout iaat the hank had not sus-
pen led from natural causes aud tlAs hat there
heen no HnderhaHd dealing, there spoud he sur
1cIent amount OF funds to meet ali demands.
Tie presence of Judge hsgan. the Vice President
OF the institution, under whose sWsriccs
taa meeting was called, impaired confidence to
those IN attendance as It was known that tnat
gentleman would leave nothing uAaonc 10 iurther
tne interests o. The poorer derosilors. Ani well
might any humane Oficiai heartily leud his most
strenuous excrons IN y cause that cannot rail 70
enlist the svmpahes OF The honest portion OF the
community ntoiler crowd probably never CON-
gregayed together having In visw tao seifsame
oh ect Respectable merchants mingled In close
proximity with the very huMblest Classes whose
prudence mad taught them me necessity
az looking out Tor very rainy dav,
ana who md accordingly scraped together
lew 40 lars ana dceoSil cd them in the bank for
safety. to" :ar .her eonadcnco In the lnsltutiol
WAS appreciated few Days Will tell. Tie nall
where thc mceting was he'd was comparatively
spacious. buI by no means large enousn To accom-
moAaie all VINO desired TO Eain adm tancc. In ,ne
front rows, ana ~ the vicinity OF lhe cnaImans
seat. were sc icrs well known citizens wLo mad
large deposits IN the establishment Tie mklde "
the room WIS occupied by decenI-looHina trades
men. iniusrioHs laDorers but, sadder Than all. by
q disconsolate group OF poor widow women
ana Cnldrea. The rear WAS Drought up
Dy crowds OF well-in,entloned little Doys
and girls. who. unable 10 force ,heir tiny
persons through the ihrong. were content 10 listen
10 the proceedings although they occasionally
raised feeble clanor for thcr honest aud b. tcRi,
no triiing savings. There was much that was
humorous at the meeting; but there was great
0eai more that was pftul and heartrcnhing. Il
was generally thought however, that the action Of
such resolu,c asscmblaee weud nave some de-
clded effect III bringing to light the myscry that at
present sironds the ba.ik Shortly after Ave
O'Clock mr. John u. White advanced towards
the platform ami said he came TO the mcctng,
as he presumed MI present had como, for tho
purpose OF ascertaining some facts connected
with the lowing Green .Saviags Sank. The
mee,ing ne uiderstoon. had been called
st the suggestion o, Judge logan. resident OF tho
wari ami one OF the officers uI the bank. lie knew
one 20 wcll qualified under the circumstances
to preside over their deliberations as he. aud he
would therefore nominate Judge Hogan to I'LL tho
positl0n Of chairman. (Applauseh
WHAT THE VICE PRESIDENT SAID.
Judge LoGAN on coming forwari was loudly
cheered. Silence having bccn restored he sald:--
Ny mel. hb0rs iadies, gentlemen and dcrositors OF
the Bowling Green savings Bank-I presume 1t
would I've necessary for me- 10 explain TO you the
reason why the call Tor lnrs meeting appeared in the
daily papers tnls ci'g. by QUO III Rs Vice Frcsi-
denis OF the lowing Urccn savings sank. When
On "a uraay last found tfst The bank had sus-
pen led raj meat. ana beng rhfE unable to ean
any ,niG,n,i on, and Oh Monday the adairs OF lAU
oaik navn,g passed INTO Inc haais or receiver ut
the Suggestion of nailbsr vi thc ucpostEors who
caioi AZ my house say AZ their rsauc-t-tnc o;-
GERS q. the 1ann iogelaer Win the ueposIos, were
iuvied 10 ~ rcscut here ann cxpiaia. as f,tr as
tlev c,uli. tn8 uue condition ~ AFFAIRS. Tnat was
tire d JtGs m canl lhls ILCctliiQ together, and
pres.,ue tue best way To Understand our aaairs now
would nc Lu learn llon The iTesdent thr. snithl 4
wao - HOW Here. mIa iis has uBdsrrtuod up ~
tins tiue iroa the officers conaeceai with
the bank, a. wen as u ON the reccsar api.olntca ~
The aupresae Islrt VI tnis Stale. Know N no
otaer VA ~ picscAt oi gaining any Information,
except wH.t understood To-day rom some peroons
connected VITO tDe Dll.--naaeiy that IA ey ouid
be-iikeiy, III lew day s-ibc 10 pay enc Lunred
eest- oa ,he ioIs.r tUheers) whether that Is trde
sr nol ! cannot myself state; but nope ANA TRUST
that Ia sascy'oat correct for tue oc.len oi tie
poor peype, an that their little mOib,ys, wnetAur
isey ,s great Or snail, win be noaor.uly pad ,ae.
rs | am concerned, 10 brnS that abon,
,,us s e sax was par' oySsas p.n pp p9n S"s me
present tine ! never had an ta.ps 70 DO VITA any
loan from shat TANK, nor was ever consulted
atouy lnf .oan, much le.so nvitcd 10 ailend a meet
In 0f lie back Bui, et inat Le as IT may, every
tnins iurns vnt rssl, believe that s AL the people
stand. There should oe proper and goou securities
III place oi the depos.tors mone,, and, IL taosc %
KNOW " mere the mOaey has gone to and 10y wnom 1t
was taken. tcnecrs.) Mr. smi.h, tne Presidents, OF
tho Dank. ~ present, and lie VIII, dOuUeSs, give
proIonnd silence followed the mention OF Mr.
SMITHS name. From HIM II was earnestly antici-
pa,e. tina. the great mystery would De unraveIled.
the wnOc assem0age was therefore on the tipt0e
oi expectation ~ Air. Hank smith marched to the
HUNDRED oENrs ON THs DOLLAR.
lows:-l dont Ike to meet you 10 THIS ebarr assng
concern on the part oi the public I have been at
woGA for DAYS can ca Only w worS wsn inc receiver
ss i Gould be- csndSs saa sone.ty cessvs S'ss sha:
rs securities. win be able to pay hundrea cents on
The dolar. tCheersI Now it - very well Known
Ss n one "r wa Sas s as Ss
allotted 60 procure I. 1 nave gone over the ac.
% as Sa p@ savs n
day. the receiver s Sir, sheppard Knapp, q good
business b man. ian. and the buG,is Oel,sss lIm
rely upon. So far as ! am concerned, I don't owe
IN severa Thousand dollars. SUI, l don't care
about II, 80 long as the other depositors are parl.
piause-even Il It Should take every collar mas
with iese people here on this SHE Of town icr over
twenty i've years and have never knowingly been
guilty OF q dsnonorable act. At THIS lite day
my reputation IL worth moro than money. /
! can live upon my reputation, but
ys SSs yS" ss sn
patience Ihere some poor people who uep osltcd
small sums ol money, aud hope they viii Dc paid 1
their amounts without any delay. The others Will
be paid as soon the securities can Ne turned luto
mohey. Not dollar VIII Uc expended that In not
absolutely necessary. There are, OF course. some
expenses Tor the lawyers and the receiver. but IL
Is sincerely hoped tnat those people, being friendly,
viii nut make their expenses any larger tnan thej
can hclp have sat every day, from time 10 tlne In
the bank hurrsng up tne business. on Tuesday l /,
took bond anu mortgage on property
worm sl00,OW clear. the Dond AMI rnorIaye Is
drawn for the benefit OF deposltors OF that bank II
any deficiency should be found for me. Mr.. Roach
viii give another tomorrow for large amount.
which Will cover any deficiency so far as he Il con.