The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-11-19
CALIFORNIA FIG SYRUP co.
SAN FRANCISCO. Cal
LOUISVILLE. Ky NEW YORK. NE

eAN SaL
LOUISVILLE. KY NEW YORK. n, Z
cago and San Francisco. Rich men came
in parties from the big cities TO hunt with
him and ne entertained them spiendidly.
Martlndale and his cashier. D. NJ. Davis,
were yet up TO their chin n politics, Da-
VS. claiming that he controlled the Welsh
vote of the county.
Notwithstanding the published state
ments Of the banks, no one except bank
ers lost confidence in Cross or suspected
that ne was failing. There was no talk
about it on the streets in spite of the
fact that Cross bank had overdrafjs to
the amount of $4,000 Although Cross
half million dollars in deposits was draw
ing only 500 a quarter he allowed his
patrons to overdraw their accounts 1900.
That is what it me<mt. and was, but
the people had so much confidence in him
that they did not read between the lines
Of his published statement. In Hood
bank no one scarcely was overdra wing
and interest was coming in regularly.
The three other banks here, besides
Cross, saw the crash that was coming
and expected it in July. They began TO
hoard money to meet the run when the
Cross bank should fail In July the Hood
bank had gathered in - per cent of its de-
posts, the Citizens bank had got in 46
per cent, and the Enporia Savings bank
had gathered in 60 per cent of all depos-
its, expecting run when the Cross bank
went under But yet the people rushed
TO deposit their savings with Cross.
DESTROYS We're they TO warn the people,
that they had the Gazetts, a daily paper
here print special edition, giving across
the first page the statements Of the three
banks showing how safe they were and
beneath them an editorial calling atten-
ton to the fact that the statement of
Cross bank was not published This was
a broad hint, but the people refused 10
be warned.
Last July the quarterly statements Of all
the banks were published The law re-
quired them to be published on Friday,
and three banks did publish them on that
day, but the statement Of the Cross bank
was not published until on Saturday,
week afterward. and then the statement
was sworn 10 on Sunday by Martindale.
The bankers saw that the oath was made
Oh Sunday, and therefore not binding but
the depositors of the Cross bank did not
notice it. This statement showed a worse
state of affairs than in May.
In August a special bank examiner came
from Washington and was in the Cross
bank for five days. Every one knew he
was there and his business. but even this
did not scare the depositors away. The
bank and depOsitors came in as usual with
their oney. The examiner found things in
bad shape. He gave the bank until No
vember TO clean up its bad paper and get
on its feet. and then went away, but Cross
or Martindale told no one OF this. Cross
did not even tell his wife. Bankers knew
It and wondered how the failing bank
would patch up.
The bearing and conduct Of Cross IN
these trying times had much 10 do with
Keeping down suspicion. He dressed and
lived as before. He Travelled around the
country as usual He added high priced
Heretords to his herds, and apparently
was the same prosperous careless man.
Besides he had been reared here. Every
one knew him and his father before him.
and he was the last man in town these
folks would suspect of betraying their
trust.
As November drew near the intimate
friends Of Cross noticed that he was trou-
bed 4 few talked together with great
est secrecy in Neutrality-suspicious.
est secrecy in their homes OF the proba bill
~ OF MS coming suicide. He would go
away with his wife on long trips and
come back looking more worried than
ever.
Charles Jobes bank examiner. cane
here last Thursday one week ago yes,er-
day, and examined me banks accounts.
Al ne town knew he was hers A few
knew he was sending and receiving daily
cipher messages 20 and from Washington.
His gotng-.as and contiguous were com
mon talk. hut We; the depoSi-ors stuck 70
the First National The county and city
funds, $l4.ooo in al. were kept IN the
bank
THE CURTAIN WENT Up.
Those who know. say that The closing %
the bank was very dramatic incident.
For six months Examiner Jobes had been
wrestling With the banks books and the
danger Of closiag vas hanging over ne
officers all The time. Wednesday morn ~.
however, things frightened Up. and the
bank officials say -hac Mr. JoSes told IN m
they could have sen days time n Which
20 square thiEss Up. THIS lIvareI ,h-.zs
Up and NJ. Cross vas very happy. he
stood in ;he front OF the bank awhile.
watching The people o. ne street the pic
tuve az conteHtu2-o- lie Thought he could
sell Sunny SLOPE sud * che troub,e AZ
A. = Just before M Cross vas starting
tor dinner. Nj Jotes came ever from the
Whi,.ey VIII a telegram from ;he comp
iro-er % she currency directing Jo5rs 70
'ake charss 81 me Bank. The blow 20 AIr.
Cross vas Sudden. ana &, staggered aim
H. go r.sAt In his 1ussy and rode 10 his
cslth.
AT THE CROSS HOME.
The terrible shock watch Empor'a re-
cslved Wednesday has wrought che most
6es7.atuE hsVoc in -ae cross home Nh
Charles Cross did ne- k28w ~ ia bsuk,s