Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-12-24
HARD LINES.
Scenes In and i0o4t the B01I; Bu5Id5,a1 of
Adae d Co., the Latest Cincinnati Bank
Dcfua.lteTs.
a year to CON


Adae d Co.. the Latest Cincinnati Bank
Defus.tters.
cincinnati Enquirer.
The scenes on the street around the bank
corner during the day were indicative of the
calamity which had gone out from that place
and spread sorrow over thousands of hearts.
The morning papers first carried the news
around to any considerably extent, and in
the early hours of the day the anxious de-
positors began to congregate upon the pave
ment. Their coming had been anticipated,
and il was feared trouble might brew among
them. Accordingly detachment of police
guarded the doors of the building and tried
to keep the sidewalks clear, which latter task
was not an easy one. The sufferers gathered
in excited knots to exchange Indignation, or
walked up and down wringing their
hands-the weaker ones even she'd
ding tears of misery. In all the crowd a
sense of hope seemed to exist. The most
respondent Of them chung to chance that
after oil the failure would not prove SO bad
as reported. Many and eager were the
questions propounded here, there and all
around, ':Do you think it is bad failure?''
Glow much will they payf' ssWill we not
be able to get most of our money out?'' All
day long the crowd of depositors stood round,
looking blankly and with misery on their
faces at the cold walls and curtained windows,
within which their hard learned, carefully
boarded savings disappeared as if swallowed
up in maelstrom. They couldn't tell why
they stood there in the cold. II had a fasci-
nation to it. They could look at the build
Ing and feel comforted pretty much as a man
stands In his family lot at q cemetery, and
takes comfort in looking at the graves of his
dead relatives. The crowd of depositors
were constantly added to by lot of loafers,
who had nothing better to do than to stand
about and look upon the misery of their
fellow toWnsmen.
INCIDENTS.
One man came up to the building and
tried door.
"You can't get in there, said policeman.
s'Mr. Adae is not to be SEEM
II. Adae,'' was the reply, II don't want
to see Mr. Adae. want to get glimpse of
the - who always smiled so pleasantly
when he took my money"
Soon after a man came out of the
bank bearing in his hands large
tray, upon which were the frag-
ments of luxurious meal for seven or
eight, :'Ihat's right" shouted an indignant
sufferer. "That's right. The damned
hounds can eat and feast off our money.
Let's hang en-
One old lady walked up and down the
pavement tearing hair from her head IN
whisps. She was washer-woman who had
lost all she had saved by years of hard la
Dor, hoping that it might comfort her old
age to know that she had little money in
bank to keep her out of the infrmary.
On one of the doors was placard noti-
flying everybody that all notes payable at
the bank should be paid at the German bank
ing company, on Third street One man
walked up, read this notice, and thenr sug-
gested: "But there's nothing said about
where we must 60 to get paid"
Chicago s. Rock Island Railroad Diyi-
dentis.
New YORK, Dec. 23.-The directors of the
Chicago Rock Island & Pacific railroad COM
pany to-day declared dividend of 2 per cert.
on the capital stock Of the lows s. Missouri
Northern railroad. held in trust for the Rock
Island shareholders, who will be paid at the
same time, which will make a-dividend on
Rock Island stock equal to ~ per cent The
directors also passed a resolution declarin, that
the treasurer of the compeny held in trust for
It's shareholders an amount of capital stock of
the Iowa Southern Il Missouri Northern rail-
road equal to 20 per cent. Of the par value of
the capital stock of the Rock Island railroad,
which dividends will be paid pro rata to
Rock Island shareholders.