New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-09-08
SLTEfE EiE0eErT,

| 1s7EfE ERE1GEET.
I "a serss:rsr:e Of apr:sLers:crs els:
now appear ~: wi.Ler :our..a.:en. II
! depos::ors IN tie c;:ize.4 Bank sitha.s,
most Of tas:r balances n that gns:i:u.;or
It is way people Fave, ana, vs. p.=ssm.
nay 10 expected 70 eea:;rus az Yong q
Institutions an andes sny suspicion q
*eakceszs Iais s:gis OF the deposit,
Is. however. ser::oye::sd - . eon.n:ani
eatioa II Sic f:::ss.:s s:sned "Depo.
::os." sl:s standardization las tie ind;
catiocs 9! having beer prepared ~ one c
those vie are sailed By s*e:. friends en-!
rers fnansi:rs. The p,e,afren. Attribute
Of thsss p.ei:s:es 8 az sr:aens eon:snr
tor the opinions Q: g.! gto grant . DIS
count, negotiate III 81. tel instant;
WHAT'S the exchange par :a're {: q give,
rate efez:harge On any :o-e;gcr<rs TIE
these gentry salk Of :ae:s "pas:erss az,
their '.p.s: p:Icy" Us: a. grarssss 6
ministers Q: kings aatire.
1eies;:o: tits iec:srs poo. people ST.
| pu: money sr:a tie bank wi:hou: sn.s,ss
init! J: nay 10 needed :n :he:r BUSINESS
Some peor:e. ordinarily o: coed sense
! ate :lorsEt.ess:y :ak.ns ,he:c lspos::s :rar
| eIe hank AID pacing them IL another
! /: shows Sic aDsr1C..y @: Lepos::o.s an
| how !.:..e :tev lIow Q; tie r:ac.:ea: opera
tor o. :re.: sc::or e Withdrawing .Le.l
deposits .1cm what ::e,v deem weas tani
q . r Z mr. aSrn 4
! strong tank.
! T-cm lis sssr::::::ca e:wEa:a aeposs.o,
eugt: 70 Know, :: :o!.ors ::a: 70: ever
re-soa E-ews wh:a 70 sepos:: II bank
Or, = :a:s whether % asposi: .: all: b.
this eso:r:r: au:l:-::y gees :1r:hez, A.:
e.::es::s q Sort: shs:ner 5 nan .:,s :
r:gh: 20 sts:k ssaic.: =: IS Deposits s:c:<
the bank proceeds Immediately 10 lea.
Oh: ne naIs money, and :: Becomes q
eoo:ra:: Tia: tie IAN shall ken Us
norey n tie I.1s 20 mses tie o,l:.:.
tons ::he saris Dere:::o- ea:ss
Tbs IS ID: cn:v ar e-.c. &. FAC -r,ec.. s,:s
positively wrong. a.c. 70 a cer.a.: sx.ec..
breach @! eon:rars Banks are 10: {, s:ed
20: Lss.g-s. - CO business o. arg such
nnce:::acd!,Ig a. 30 !.esp ::e:: sn:.ce
deposits Gu hard n eas;s 20 oani e:es
aIa ): 9: eve. VIZ co .: ece.:ocr:i: to sces
Ia: IS a.. tina: san ever re expec:e.,
When merchant o. Gepos::os ppA.e ca
accom-: Il DarE. :: IS Understood ard
Virtually agreed :i.a: &c stall withdraw as
deposits n :ae :eEalar course o. Business:
no. taa: he :hast g: cp some morning. az l.
hearing some gossip o. nCedd.ng :e..ow So:
scHse:..:ny asoE: as daLh. sush s:ouni aIs
gray :;s mcIeC Gu: ara II: J: WITH ane.:er
bank. poss.o.S :r y Jew jaya :has Sar::
WI: .avs something said abo.: e. aI1
ssa-n re taxes OF h.s money. arg .his a..sp
PERHAPS. pu:: j: e Ia soeash
Now, !: anything sho:s c. .tar:s a.
:ec:o: had advanced e::ch an er:r:ons vs
shcH,e ha:s ;nrured lis common se.se.
!. is ":IU:ra!'v agreed" when 8 nan rats
money in a bank :ias 2e*hail ret WITH.
draw it szcep: n d':esv!a. eo..::e Of bust
ness CT whose trs;nes.s We presume
= depes:to. locks 60 Lis ewn business ana
rc:te Tia: 81 The san1s The doe:rins o:
his 1rarsss Is hovsvss. gosssytas ct.
:syen::
Uur BANKS aass yet:S..es ..s..3nF Sae
from ten 20 ninety days. arc TIA: pape. has
been discounted w:!h the money Ct tie de-
posi:o;s and with the eap1a3 O. lie baoI:o
New. how IS i possible :cr any BAN; to
star 70 wLea their ieDcstoys call a. once.
az they CO Wien .-s!s y :s;l, Sc: eli tLeis
.roneyf
Isl: Dc: n1cs: nns. se. nos. serse.ess ye-
81. people - s:.sk SsgIssg banis BY secL
. course.
Do the people .: *e~ 6r:eans sro~ TIA:
p thus sos:rg .he:r heads they are liable 20
break every ,sank in :he city. ard bring o..
calamity greater than the nisrrie OF al
mo NarInssts Kellogg ea.pe..bag s.yerns
low afflicted with!
No: bank On his ei.r. Or arr e::.e:, can
sand run OF ..s del,s.-o1s
We haze known something IKE III. /
nan interitirg 8 small Sum Of money
proceeded 20 invest !: IN tie notes Of his
,eightors 9: tie jes: discount Re could
get His ewn creditors. hearing Of his
Inheritance. proceeded to demand Fave
nsnt. whsrsa: he grew very indignan.
md swo.e TIA: o.. locked to lin tina. as
con IS . fellow GO: little money 10
make soms:hing Cor himself. every id
hoebfack the: BE owed anything mus:
AVE it..
Would !: ne: BE better f.: .hose banks
o seek the confidence Of the pubic: This
ouid be done by prudence. by refusing
o Jean fox any doubtful purpose. or upon
ny equivocal ccKa.era.s. They should be
particular about their o&cers, and keep
lone who would loan money, no. his own,
'pon any security The deposito. is 10.
stockho!der. He gets nothing 70. the
Use OF his money. II he gets a note dis
ounted, and leaves the proceeds On &C.
'os't' he pays interest, but gets none. Is
expected that depositor shall take the
isk Of inconpeten. or dishonss.-be- |
ause Observation-Disclosures: There Is no |
eason tof such an arrogant assault upon |
'ersoos who put their money in a bank
olely because it is safe, and because thew
an ge: it out any day they may wish it.
A bank should not accept deposits if i.
re in doubt Of its ability to pay them out |
.et we have never known a bank failure |
bet it'd no: take every dollar offered for
eposi., though the unfortunate depositor