The Grange advance. [volume] (Red Wing, Minn.) 1873-1877, 1875-09-22
ntcre sting Incidents Connected With
the Failure alsd Death Of lsalSt0n.
from the San Francisco Chronicie.l

About mid day there was q imcetlng OF
the trustees, at which there were nr"seut
besides MIR. Ralston, George Ii. Howard.
D. j. rallant, John o. Earl, D. q. Mills,
William Morris, William AIvord, and
Louis sachs. Nicholas Luning was not
present. because not in the city. Mr..
Kalston promised the meeting that il the
management were left in his hands he
would pay dollar for dollar to every de-
pos,tor and fifty cents on every dollar to
every s.ockholder. His life had shown
that he was not given to idle boa~ting.
There was an exciting discussion over
the proposition. and the sentiment cx-
pressed was that,sincc the bank had failed
while in charge Of Mr.. Ralston, and many
remar ks had been made to his prejudice,
such an arrangement would not be advisa-
bile. MIR. RalstOn rendered his resignation
and it was accepted.
Mr.. Raston went out into the banking
10 mi and
WHILE SEATED THERE IN A DETECTED ATT1.
TCDE,
with his head bent forward, Jas. R.
Keene. the wealthy broker, entered. He
came up to Mr.. Raiston, touched him on
the shouldcr.and said pleasantly: when
We get the affairs Of the bank stl aighten.
ed up am going to get together a CAPT.
tai equal to that which it has been swing
ing, and we'll start another To this
bit of kind hearted Righteousness Mr..
Ralston simply replied: II shall never
be engaged in another banking enter.
PRISE Matters dragged on listless'y III
the bank until 3 clock, when MIR. Raj
ston left the building and was not there.
alter seen alive by any Of his friends.
Under the events of the last month he
has sustained great mental anxiety. He
has been steadily converting his private
fortune into money and turning it in for
support of the bank. His last import ant
transaction was to sell his interest in the
Virginia and Truckce railroad, being
one-ionrth interest. to D. 0. Mills for
$7UO UOO This read was steadily paying
100000 per month. His Belmont resi-
and the proceeds appropriated in the
same direction. His Tulare valley prop
city was purchased with the money dc.
vised by his former partner, Mr.. Fre,z,
to his wife and children. This property
also goes to the bank creditors.
On the morning Of his death he arose
at five clock and in ormed his wife that
he had convey ed to the bank his Pine
street residence and furniture, and
that she must leave forthwith,
taking only her clothing
and personal effects, and that he
had made temporary arrangements with
her uncle, Col. j. D. Fry, fer a temper
airy home until he could make further ar
rangements, and that he proposed to
start life anew and achieve for himself
another fortune. Before IL Of that day
his family was dolniciled at Colonel Fry's,
taking with them The family clothing and
such personal articles and gifts as had
been from time to time presented to his
wife, leaving house, furniture, bedding
snd carpets intact and his family without
home Of their own.
ON THE NIGHT PREVIOUS,
being the day Of the failure, he had called
toges her the clerks Of the bank and ex-
horted them to be of good heart and not
to fatcr in courage; that things would
be brought out all right by their united
action; that though grieved at the blow
he had not lost courage o: hope for the
future.
MR.. RAIsToN S FAMILY.
Mr.. Ralston had four children, two
sons II and l6 years of age, who have
lately returned from Massachusetts,
where they have been'at school, and who,
under escort Of a tutor. had been travel.
Ing thr1uS bout the Stale for three weeks
past. it being Mr.. Ral>ton'S desire that
his boys should famliarizc themselves
with their native State. His daughters
are aged respectively eight and three
years. They are with their mother The
sons arrived in San Francisco on Satur-
day morning.
lie was a devoted and affectionate "a
Their and husband, and especially attached
to his baby girl.
Mrs. Ralston bore the blow of the loss
Of fortune with perfect cheerfulness, nor
gave single anxious thought to the iu-
ture except in her fear Of :'e effect OF
this excitement upon her husband. In
riding from her Pine street home she re.
marked TO a lady friend, This is my last
ride in this carriage; We will have to
start life anew We forbear to speak
Of her anguish when it was announced 10
her that her worst fears were realized,
anu that the dead body of her husband
Was then on its way to- her temporary res.
idence. '-$' ~ -.
1t was decided by the c ,roncr and tn"
friends that the body should be removed
to the residence Of the deceased, which
nc left living in the morning for the las,
time. Before starting it was thouSh;
best that the friends Of the dcc,aSeh
should take a lopkaat the body, for pur-
poses Of 'dcntitic ton. The rough lid
was showed off the head OF the collin. and