The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-05-22
MORE GOOD TIMES.
ANOTHER MINNESOTA BANK
BUSTED.
And Minnesota Statesman Sick.
a-Bed

While the daily papers are bowling
about the return of good times such
items as the following give the lie to
their pretences: !.
AD MORE GOOD TINES - c-1.--.,7;1
The Citizens bank. of Redwood Falls.
suspended ,ns H business today With assets OF
the The directors have lust Issued issued notice
to the effect that 30 per cent assessment
OF stock, made few months ago, had
the stockholders outside Of the directors
had refused the assessment. The amount
paid in was insufficient to run the bank,
and suspension followed.
The notice further states that an as
signee and receiver will be appointed and
win be paid in full. 9. B. Turreil was
cashier of the bank and F. w. Philbrick
The bank closed temporarily year ago:
Then it was reopened and was supposed
to be on a good basis. 1t appears that
President and Manager Philbrick and Vice
tons two weeks ago when some St. Paul
stockholders refused to pay their assess
are the st. Paul stockholders. Cashier
Turren is confined to his house by reason
OF severe mental strain undergone the
past two weeks.
This cashier o. B. Turrell is the
same man who beat our excellent
friend,A. D. Stewart, for the Legisla-
ture; and was one Of the chieftest
advocates of the existing conditions
and denouncers of the Peoples Party.
He represents the type of shrewd,
energetic fellows who have misted the
people and themselves, and now with
Wheelock, Dricoll, Menage and the
rest he is on the broad of his back, and
very sick and very sorry. He won't
have as much money to spend against
the Populists next time. Thus one by
one the roses fall.
And from Winona, Lake City, St.
Charles. st. Paul and Minneapolis and
other points we have had similar reve-
lations of the soundness of the sound
money men, who believed, with bank
er Turrell, that the success Of the
Populists in 1894 would keep money
out Of the state" They have been
taking money out of the pockets of
the people of the state as fast as pos
sible. And all over the nation it is
the same story. Read this article
from a recent number of the Progress
sive Farmer:
The First National Bank at Willimantic
Conn.,, was closed by Bank Examiner Doc
ley last week. The cashier, who died a
few days az ago; ,I had forged the names Of
All are sound money men.
James Holland, cashier Of the Farmers
n. c.. is a defaulter and forger. fugitive
from justice. The bank loses many thou
sands of dollars. He was a deacon in the
Presbyterian church. He was Sound
CURRENCY man,
Thomas Grady, Sound money" man
and cashier of the First National Bank.
Marietta, Pa, was arrested for embezzle-
cially and otherwise. He pocketed S19. OOO
was arrested On six Charges Of obtatning
money under false pretenses. He was
bound over to court under heavy bond.
The Fresno Loan. and Savings Bank.
conducted by Sound money" men, closed
it's doors at San Francisco, CAL. owing
The Turora State Bank, Of Aurora. Mo-,
closed its doors. owing a considerable
az Its managers were not in favor
banksr sGnss e Saves Se6 to
The City National Bank at Fort Worth,
Tex. closed the other day. Albert
Of
in it. The president of the defunct bank
d
Y. M. G. A. in that city. The subject was
Sound Money Essential to Successful
Geo. f. King, city treasurer, Gloucester,
N. j., Sound money" advocate Is short
$1,000 and fugitive from justice.
Geo. T. Frey, of Chattanooga, Tenn. has
brought suit against A. J. Wisdom and
the Bank of Chattanooga for an alleged
shortage Of $4,000 in estate funds deposited
in the bank.
Baldwin Bros, brokers. Boston. have
made an assignment with large liabilities.
This firm was active for the repeal of the
Sherman law and have recently been
Sound money men.
Alonzo Snyder, bookkeeper and collector
for the Second Baptist Church, Chicago,
sound money" plutocrat, has defaulted
Samuel F. Aymor, bookkeeper for the
Shoe and Leather National Bank, N. Y,
was arrested on the 21st ult., for altering
the account of a life insurance company.
He is Sound money man and Is in jail,
having failed to give the $4,000 bond re-
Quired.
The Bank of Roxboro, N c., was robbed
of all the cash on hand about week ago.
A telegram from State Examiner Palmer
the bank is the guilty party, and he is
now in Jail. out of hearing of the Sound
money"
And does not all this prove that the
real reliance of this country must be
on the producing classes, and that it's
most dangerous citizens are the mon
extending class?
NJ HF nwon mill c~ocl> t. Az.