The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-10-28
RUN ON BRACKETS TRUSTEE.
STARTED BY FOUR ITALIANS AT
IN THE MORNING.
Number soon Grew 10 a Hundred-SenatOr
Hurries TO the Scene Tells the
Crowd 10 stand In Line and Get Their
MOney-AbOut $50. 900 Withdrawn.

SARATOGA, Dot. 27.-Saratoga having
finished entertaining her multitude Of sum
mer visitors, the races and the Republican
State convention having become purely
matters Of memory and growing dim at
that, the good people here were counting
the days until the stick Of the Hearst rocket
should come tumbling down out Of the sky.
Visions Of the Thanksgiving turkey and
other good things the future has in store
gave an air Of cheerfulness TO things in
general. No spot was more peaceful than
the Broadway corner, where stands the
big banking house of the Adirondack Trust
Company. There was 10 cloud upOn the
sky, not wen one as large as a mans hand.
Promptly at Q O'Clock the cashier, ~tellers.
bookkeepers and clerks were all in their
places, the ponderous doors were swung
wide open, piles Of gold and silver and
bank notes were hurried out OF the massive
steel vaults in readiness for the routine
business Of the usual quiet Saturday trans
actions.
Scarcely had the business Of the day
begun. however, than there came change.
Some three or four Italians were lettering
around the front door when II was opened,
Within FIVE minutes the number had become
a dozen; soon il was a score, and before
long il was a hundred. The bewildered
bank officers and clerks rubbed their eyes
to make sure az to where they were at,
and a hurry summons was sent TO Senator
Edgar Truman Bracket, the president II
the trust company, whose law Office is
diagonally across Broadway, telling him
il looked like a run on the institution.
To say that the Senator was amazed at
this startling information il stating the
fact very mildly. Senator BracRett is,
however, a ready and resourcefu man.
He thinks in a straight line, and his action
follows his thought. Selling his hat, he
at once forced his way through the eager
and rapidly becoming excited thronR,
and. being assured by Cashier Rowland
that there was enough cash in sight to
meet all demands, he hurried to the window
and began to answer questions and talk
to the crow
is it all right, SENATOR" came the swift
question.
his quick reply. Stand in line and get
your money. You'll all he paid If we have
to keep open all night"
Many were satisfied and left. Many,
however, remained, and as the rumors Of
the run spread through the town by the
wireless telegraphy with which such news
always flies, the crowd kept growing for
an hour or two Finally three burly cops
forced the depositors to stand in line, and
all suggestion OF panic quickly disappeared
as every man and woman-for a large per-
centage were women-who got to the win
dow came out looking foolish when they
found the money there for the asking.
Early in the day banks and trust COM
panies all through this region began end
ing messages to President Bracket, assur-
ing him that he could have SlO.OOO,O0-or
SIC, 900, 900, il necessary. At about 10 O'Clock
an automobile arrived in front Of the bank
and delivered many thousands Of dollars
sent from Glens Falls. Before the wonder
over this prompt reinforcement had sub
sided another arrival brought $3.50 100 from
the Albany Trust Company. o OF IL
was needed, however. The Adirondack
had practically 800 600 in hand to begin
with, and the total amount withdrawn
amounted to only some $50 900. Local
business men made big deposits in sight Of
the crowd, one handing in 50 1000 and an
other s., 500. By noon the excitement was
over. The bank kept open until 7 O'Clock
this evening, but when the depositors found
they could get their money they did not
want IL.
There was a big placard placed on each
front Of the o~ompany's window offering
81 200 reward for information leading to
the detection Of the person or persons who
| spread the false tales which started the run.
On October rs the trust company's state
ment showed assets Of 81 ,984 ,688 81, with
individual deposits OF $500 .s5212. Il has
always been one OF the stanchest in til
buttons in the State, and the result OF to-
days run shows that the supposition was
cOrract.