San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1894-11-05
SHORT STOPS.

| Offending citizens because opposed
to him, like chickens are coming
home to roost.
1t is nearly four years since the
failure of the Maverick bank, yet
the fact that the unfortunate de-
positors have received but .25 per
cent, not interest upon the princi-
pal, makes this a burning issue
with them.
But what had Mr.. Houston to do
with it, and what has this to do
with his candidacy for Congress ?
Mr.. Houston has been trying to
convince the people of this district
that because Negro is running on
the Makemson ticket for school
superintendent that the people
ought to vote against Noonan, and
he has been telling the people to
vote against NOonan because GER
tain men support him.
But what had Houston to do
with the Maverick bank business?
He had all to do with it. He was Mr..
Mavericks lawyer and confidential
adviser. He officiated behind the
counter during those memorable
days he knew the exact status of
affairs, he saw how the poor
people were being deceived and de-
frauded and aided and abetted the
deception.
1t was no doubt his duty as the
attorney for Mr.. Maverick to pro-
tect him, but in doing 80 he elped
to ruin hundreds of trusting peo-
pie who were most cruelty de-
ceived.
The story of the bank failure Is
fresh in the minds of the people.
The Goth of December was a me-
morable day in the history of our
city. Several thousand people, men
and women, had crowded about
the Maverick bank, fighting for a
chance to draw their deposits. The
alarm became general and it was
feared that the panic pould spread
to other banks; prominent citizens
rushed to the rescue; thousands of
dollars were poured into the bank
by sympathising friends to avert
the threatened disaster. While
the people were demanding their
money, speakers were assuring
them Of the solvency of the bank,
and the safety of their deposits.
Gen. Russ made speech, and so
did Mr.. Maverick giving his
personal assurance that he had
money to pay every depositor. At
night there was torchlight pro-
cession Mayor Callaghan and 9TH
ers gave the weight Of their pres
ence and assurances that the bank
was solid.
The bank stood the run on the
goth, Sunday gave rest. Satur-
day night the bankers met at Col.
Wright's and were assured by Mr..
Scudder that $3.50, 900 would cover
liabilities, when it was proposed
that the bankers advance pro rata
upon all demands up to this figure.
Mr.. Houston, acted as Mr.. Nave.
ricks' spokes man, it is related that
he objected to this generous offer,
and declared that Mr.. Maverick
might as we'll assign.
In Mondays LIGHT, the 22nd
Dec. 1890, appeared a card from
Mr.. Maverick; in which he said:
81 am amply prepared to pay in
cash all depositors Of my bank on
Monday morning at the usual
hour, and my thanks are also here
by returned to a majority of the
bankers of San Antonio who got
together on Saturday night and
unanimously and voluntarily
agreed to honor and cash If neces-
sary any checks drawn by custo-
mers on my bank. In conclusion
/ wish to say that 1 propose to con-
tinue to do business at the old
stand, and hope to merit the con.
tinued confidence of my many
friends"
Poor old Sam, he did not intend
to practice a terrible deception up
on his "many friends" He was
acting under the advice of another
he was actually ignorant of the
condition OF his bank, but his law
yer evidently knew better.
On Monday and Tuesday the
bank took advantage Of the gener-