Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1884-07-20
HEADING OFF SUSPENSION.
John c. 8. IIarrison's Novel and Amusing
WAY OF stopping n Hun ON His Bank.

An indianapolis nd telegram OF Thurs
day SAYS The feeling In financial and COM
mercial circles here to-day Is generally i'm.
proved. although still feyerish and unset
tied. The reason for what apprehension
remains lies in the extraordinary conduct
Of John G. :. Harrison, president Of the
bank which bears bis name. and the very re-
markable system OF business inauguratcd by
him this morning. Yesterday afternoon
the bank paid only such checks and dcpos-
itors as Mr. Harrison saw fit, and the other
bankers became somewhat alarmed for fear
be was about 10 suspend, and thst such nc
ton would preclpisate another crisis. a
meeting OF the Clearing House was there
fore called for half.past O'Clock this morn
ing, the object OF which was 70 determine
whether or not the other banks would as.
sist him 10 weather the storm. The attend
ancc was full. all the banks being repre-:
sented, but scarcely had the meeting
been called to order when Mr.. Harrison
arose, and, In the most positive terms, de-
clined any assistance. ~ have run a bank
here for thirty-fiye years." said he, petil-
lantly, land | can get along without any
81 your help. What the devil do | want
with helpp | know how to run my BUSH
ness. You fellows can't give me any
points, and don't you forget it," The
other bankers, who knew full well that
Mr.. Harrison was pushed for means, sat
looking ut each other in blank amaZement
rs Harrison bolted out OF the room. There
was nothing else 10 do but adjourn and
await developments.
THE PECULIAR TACTICS AT THE BANK.
Harrison rushed down the street TO his
bank and proceeded without further delnv
to develop his system. A crowd OF deTCsi-
tors had swarmed into the bank, the d ors
OF which hsd Just been opened, and ere
clamoriDg fcr heir money. Mounting he
counter Mr.. Harrison shouted: 81 k ow
what you people are here for. You are
after your money. Well, you d MT
get it. No bank can pay all its
depositors II they all apply at once;
you ought 10 have sense enough
to know that. You can't push ne
TO the wall. I'll not have it. II any OF
YOU want to deposit anything. come ahead.
The banks open, but we don't pay checks.
Don't you dismiss from your memory an
other thing" continued the petulant Mr..
Harrison, as the depOsitorS gazed at him
with opcn-mOuthed establishment; "you
must not stand around here this way.
either. You get up an excitement, and
make trouble. You must move on"
HARRrsON's PERSISTENCE.
During the day this system was strictly
adhered to, Nlr. Harrison persistenty re.
fusing to close his doors or to pay more
than small proportion OF any check or
certificate presented. and he was guided
by his own sweet viii alone in paying any
Of them. Tonight Mr.. Harrison says he will
reopen again tomorrow and continue on
the same basis il he cannot do any better.
To say that his system is regarded as
highly novel and original but family eX-
presses it. Harrison says he will have
plenty Of money tomorrow TO meet all de-
mandS in full. The clearinghouse threw
his checks out to-day. and will not recog-
nizc any Of his paper. Elsewhere all is
aIIiet