The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-07-19

THE PASSING THROyG
Among tAe Afaska souFists Who enne II "a
the Queen yesterday u v. n Mitchell, Of CHI
cAga He II vice p.ssideat 81 tbs Illinois Trust
Company. Of which bis son 10 psostdeal Iets
IL the hank which made isseif fsOous lev
weeks ago b. never closing 10 doors foe thrss
days whEle run wss IL pecgrssA "fss, b.
iievs Il IL the Erst time ever heard OF . bank
keeping cpsn ntsas and day 20 seco0modaie
deposisors Who wanted 70 draw tnsir moeey
ou:r said be at the Rainier last night 1--WE
owed some SO ,ooey0oe 70 shout $500 derosifcss.
and Of sais number oaiy 2.co0 drew out their
money. when the rua started - announced
that the doors Of the bauk would not close
anti the last dspostt0e who wanted his money
was paid. and although i've paying
seiiers we're kept busy Il wss O'Clock hsfors
the lines we're exhausted We kept the doors
open. however. for such others ~ might come
In, and for three days We never closed our doom
At night. TIE run started In the morn'n and
sefose noon ws had got IN over &c., GOD sddt-
;ioaal cash. and when the run vas over Ne had
more money in our vaults than when II began
and We did this without the least strain Ths
great bnik OF our money 10 loaned at call on
collateral security. Oaly . very small fraction
70 loaned on real estate security. IL taxes 700
long q dine 10 convert such securities into cash
70 make them available for such institutions -
ours- While most Of our leans are usually made
payable ON demand We have never In The history
OF the bank made psrsmptOry call on bor-
rover, not even While this great run vs.
on. We simply sent ous circulars aaking
borrowers 70 send ~ In part
Of their toans. and many OF the richest men In
Chicago came promptly forward with iasga
smounta. Mr.. Armour vas . borrower 70 the
extent OF $4,000 although he lad e0e.0o0 ON
deposit Ct the same time. He ct once rendered
the whole amount Of his dstt M. Lester owed
ne ee0.0o0, although he also had roo. 600 on de-
posis, ana he did the same ~ Mr.. Armour. and
both offered 10 moro money II We needed II
Others did the same thing. But the poor people
were panic stricken. and when business men Of.
Tered them the amounts OF their claims against
the bank they thought there was some
shenanesan about Il and refused to take
their money from anybody except the hank
When people are In that state o. mind IL II use
less to reason with them Many Of them also
had been bitten before during the panic OF 1874,
when nearly Gil the large savlnRs banks In CHI
cago failed. some Of them badly. Our bank was
just starting then and Ne weashsrsd the STORM
easily. Our bank YES gamer By the rum made
on IL. because those Who drew their money Lost
money II coming back 70 a. again very last and
We are stronger thaa ever. both In cash and In
reputation. Yes. have some stock in the
World's fair enterprise. but Of course We don't
expect 70 get anything back on II. nor on
the 100000 bonds voted BY thu city.
But on the second iasus OF &S.0oo,0O0 bonds oil
which only eA0oO0o0 were issued, vs hope 70
get something. We didn't like to take this
issue, but We saw the fair needed help and %
the railroads and the banks got together end
the banks sgresd 70 subscribe for their part OF
the issus In proportion 70 their dspositA Per-
haps there 10 some chance OF our getting some.
thing back on this loan, out IL will not b very
much. / think your city here 10 wonderful and
your country II grand The fact that during
this financial depression you have not had .
single busluess failure Of any kind 10 remark.
able and speaks loudly for the solidity of your
institutions I think the present 10 . good
time 10 invest Stocks are away down and
bonds are cheap. and there 10 bound to b . rise
later on. But this applies only 70 good proper.
tea"
J. n. Martin, the manager OF Robert Nantsll's
company. 10 something OF . Newspaper man a.
well - . theatrical man: in fact, - he has been
railroad man. he may b considered jack OF
all trades. He formerly wrote special articles
for the indianapolis Journal and the Indianapo-
lis Ners, and was the author OF IN Article on the
sault 81 e Marie. canal for the Chicago Record
and OF several OTHER articles published in that
Mcclure syndicate, and was tho author OF the
article onthc Mormon temple published In the
He has written and has
forthcoming articles on the early life OF James
Whitcomb Riley, on the early frstghting days
across the plains. on the Indian - . soldier IL
Illustrated By the troops recruited among the
Sioux after the Wounded Knee battle, and ON
the journey OF the Mormons across the PLAINS
from Nauvoo to Utah. While In Nav York hs
compiled guide to tho city arranged in ten
tours for visitors who have that length OF time
to spend. His handwriting has improved Of
late years, for when he Was agent OF the Big
Four railroad at Indianapolis he is reputed to
have written ticket for = man who has been
travelling on IL ever since because the names Of
the stations written on IL in Mr.. Martins Pc
Guitar chirography might be taken for those OF
any two stations in the United States. and every
conductor gave up the task OF making out the
puzzle. A man like Mr. Martin Is = treasure to
a dsadhead. but II an expensive luxury to . rail-
road.
An entertaining story OF hard travel Is told By
Joseph II. Green aud A. Gordon. who have Just
returned from silverton aud the Little Chief
nine Gordon IL one OF the owners OF this
mine. and to reach II they crossed the divide
from silvsrtou. accompanied by Miss Jessie Nc
Leiian and Miss Nellie Field. these are the first
women who ever dared to make the attempt to
10 over the divide. Tho party had
to climb about $500 feet and them de-
scend, the whole distance being about
seven miles. The journey occupied an
entire day. and the women proved to be
good climbers and good slidsfs. They wore
riding habits-pantaie,s and short skirts--and
were in the lead most of the time. Where the
descent was made tacre IL u slide for about
5000 feet over the snow, which 10 $50 feet deep
In places. The method 10 to get togethes a
small pile OF brush. which serves as . sobax-
gan. aud on this person sits while taking the
shoe; downward. Each one had tobaggan OF
this kind, and made the descent safely.
The following tourists who came In from
Aiaska are stopping At the Rainier: H. W.
Langenour and family. Woodland. Cal; b. Low.
sns,ein. New York: William l. West, Mrs.
Fanny Wesi-BIodge,t, ST. Paul: Mr.. and MIRA L.
O. Goddard, J. = Goddard. Miss Emma God
dara, Nj. and Mra W. H. Mitchell. Miss
Mitchell, Miss n Mitchell, Mrs. stevens. Mrs.
W. II. Reid. Mrs g. C. Fry, W. q. Kimbail. of
Chicago; Mr.. sna Mrs. $ A. Bowman, Miss
Mary Bowman. of Springfield, o.; Mra Henry
T. Greene. Mas Greene. Henry E. Greene, Will.
lam X. Greene. Mss J. Miller, of Amsterdam.
y. Y. W. '. Haligar;en, of London; A. J. Vial.
Mas I. Vial, Of Portland: shesrili Babcock. OF
New York.
A. 7. GARNER. Of Portland, adtuster for the
Home aud fb ouix Fire Insurance Companies.
arrived sE the city yesterday on his way homo
fTom vacation In Idaho. aud 10 guest o! the
SoFihern- lie has bean spending about q month
IN mining camp a; Grsngesi,ie, in the Elk
city cistriet. go far from civilization that the
deer come close 20 the cabins TO water aud stars
In wonder 81 men and horsea
A. ". Eagis has declined m appointment, nv
the ossIs congress auxiliary Of the Wo,ia..