The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-10-18

A RrS on FREEpMEN's BASK.--Thc
| Washington Patriot Of Thursday has the
| following account of n run unon the Freed
mains Savings Bank Of that city:
Considerable ,lncasincss hes existed for
several diys past among the drpoSiiorS Of
| the frCcGman's Savings Bank in this city.
| occa-oncd hy widespread riImors that tie
institution was III Il very prccariolls ccndi-
| ton, and liable 10 suspend PAYMENTS n, any
| moment. When il i remembered that ur.ny
OF our business men a. well rs thousands of
| persons in moderate circumstances dcposit
III th'> bank, and that in the case O { The latter
suspension OF payments would swallow IN
al lilcif liltlc boards and entail great suffer
my and dc>ti!uion during The coming
WINTER, II Is natural that their anxiety should
,c OF Inc most painlul description. With
nc 'niored people it has been universal
ne'ei mat II was perfectly safe TO Law
up treasure in the Frccdnmp's Bunk:'
III that "ncithcr moth nor rIs,
can corrupt nor thieves break tllro,,,,h
ana steal in the ease of that romII.,y ;u.ti-
tntinn,s Yet their confidence was ,o,urv.I,a,
Si'"N"h ah"tt Tie lime III the recent District
eicrt'"n. when hints were given hrro and
'acr' that something was wrong and tinf !,
would hr advisable for dcpuSitors to seem,
thcIr money before tli" final smash came
Inc result was That quite number of de-
po>itors Withdrew their funds during, the
latter part Of last week. Vel this WAS but y
ripple on the waters compared with tho rush
that commenced on Monday last, after the
usual Sunday gathering Of the colorcd propIc
If their chlrchcS--thcir i;lyoriic places hero.
IL in the country sections, for the interchange
of all the news and gossip Of the week. And
| for the past four days the rush has continued.
Fat old coInrcd women, with their bank
books carefully wrapped up in their hand.
| kcrc&icl>. Waddic lGoriottsly into the bank
| AMI up 10 The counter. acco,tin~ The PAYING
| teller with the query. " T. dc bank BUST"
The lnying-tclIcr quietly responds in the
negative. and Cashier Wilson peers benign
anlv over hi. ~cld-rimmed Sncctacics and
! assures aunty that The bank l. all right, and
| offers ~ lrry over til" cash. Grccnbach> once
| iii hand. allmiy ErCathc> Il huge sigh OF relief
and disappears. Then Il tla>hiiy-dEcS>cd
| young clap SIuntcrs in with r!g;r III his
mouth and demands his deposit, with the
| clr~ory remark that he "hrlnn,~ t" d" Bud
OF Works. probably with tn" i;ira that such
connection would emile him 10 come special
consideration il indeed the bank ilI,i con"
up Aud small store keepers. hard:handctt
| !ahorrr~. and ali the Other representatives 81
! the class kn"wn a, ",inaI! dcposilcr> pour
| i'll i'll Il steady stream, and pour out Of the
| doors a@;rin with their cash.
The run upon the bank since Monday last
has been unusually heavy, and Very large
amount Of money has Gccn withdrawn.
| Notwithstanding rulnorS 10 tue contrary,
| ray!ucnt has in no case either been refused
or even delayed, and one OF thr officials olthc
lrmh stated yesterday that not only had The
| institution Nitl,>iood the heavy drain upon
| it. hlt that il l.aG not even been rccr.>lIy up
| 70 !hi> i'm" IL sell Il single lonA or other
security to obtain cash 10 meet the run upon
its ValIits.