The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1899-12-23


was paid. II the bank had lost its entire
loan to Woodbury. and Mouiton It would
not have effected its soivenoy In any de-
gree, this loan being but small part OF
year's earnings"
while the excitement among the deposi-
tors was at Its height New York banker
who IL In the city for the Christ MAE
holidays heard Of the run and visited tbs
bank. He said to one of the officials
"How are you of for currency!"
"we have plenty Tor oui present needs
I think, I" replied the bank official. ''and
will have all We can possibly need when
some money We ordered from Boston
reaches here tonight"
al was going to offer you any sum you
might name from enc million up to 1vs
If you wanted 1t. can telegraph New
York and have 1t on the way here By to-
nights express II you say so.'
The bank Official thanked the New
York millionaire who sat down to smoke
cigar In the elise with some of his Id
friends. This offer was heard BY many
people out In the bank who were await
ing their turn to draw our their money
aud as many Of them knew the New
York man and his we'll known conser-
vatism In financial matters the offer al.
layed the fears Of many of them.
A we'll known judge who was standing
In the crowd bofore the bank was sp-
preached by an elderly lady who was
tremulous with excitement and almost In
tears.
"AnI have In the world Is In that
bank" she cried. 'Is 1t going to faiir'
any dear Mrs. -" replied the
Judge, 81 have trust funds in that bank
to the amount of 100000. 1t IL the only
property Of widows and orphans. ] also
have great deal of my own money there
and my only regret Is that / haveu't
twice az much. II you will take my ad
vioe madam you win 20 home and not let
this thing worry you at all. Or tell you
what will do II you still feel uneasy. I
will take your bank book as security and
give you my personal check for the full
amount drawn on . Boston bank. II you
feel on Tuesday mon ming that you would
rather continue your deposit at the Port
land Savings bank you can bring back
my check and will give you back your
bank book"
The woman did not think she wanted
to draw out any money after this offer
was made and she did not take advantage
of 1t but went on smiling.
Only eighty four bank books were
turned In to the Portland Savings bank
yesterday after all and about $4,000 was
paid out. Some OF this was in gold and
silver towards the olofe Of the afternoon
as tie bank ran short of small bills.
There was O ludiorous side to this run
on the bank, although 1t was very ssri :
Gus matter to the people who expected
this bank TO go up. and were In great
haste to get out their money before she
and which they believed was surely CON-
ing. One woman was given about ss)o0
In gold at the bank before noon. She
could only carry 1t with the greatest diff
Guilty. but managed to reach an uptown
store with 10. Here she had friend, an
old and conservative business man.
"Oh what am l to do with all this
she cried. "I can't carry 1t
home and am afraid to have 1t In the
house. / can't carry 1t around with me
because 1t Is so heavy. What shall ! do"
where did you get its" asked the mer-
chant.
II drew 1t out Of the Portland Savings
bank" replied the woman.
swell the best thing you can do Is TO
carry 1t back there" said the merchant.
The woman had not sufficiently re-
covered from her panic to do this. She
was afraid Of ev cry other bank and I'M
passed very anxious night
with this money in the house fearing
at every noise.
BY the withdrawal Of all Of this money
from the Portland Savings
bank the dspositors lost two months in
tersst money and will probably regret
heir folly this morning. 1t was bad
lime to draw out money from u bank 40
,ount any way, because Christmas Is not
ret over.
The run probably ended yesterday after
noon when this bank closed, and by this
the tide will have turned and
the de posits will come back again as last
No they were withdrawn yesterday.