The San Francisco call., 1906-09-15
Run ON H|BERNIA
BANK ABAT |NG.
officials Reiterate That
There Is Absolutely No
Occasion for Any Alarm
OFFER FROM CROCK Err

The run on the Hibernia Savings
Bank showed signs. of abatement yes
terday, the number of depositors in line
having diminished materially from that
of the day before. The bank continued
to pay off as fast as its force of clerks
could work, and the anxious patrons
were allowed peeps at the stacks of
gold within the inclosure, from which
a run could be sustained for many
months. The, other. savings banks of
the city. have all taken precautions and
are prepared should any rumors ques-
tioning their soIidity be started.
William H. Crockers of the Croker
Woolworth Bank assured the officials
of the Hibernia Bank yesterday that
thesresources of his Institution and his
own private fortune were at their dis
posal Joseph S. Tobin expressed his
appreciation of the spirit of the offer,
and in refusing it explained that the
Hibernia Bank was in no stress what
ever.
The cause of the run having. been
ascribed to him in some circles. DR..
c.. r. Buckley yesterday made a public
denial He pointed out that any effort
to diseredit the bank would be abso-
lutely futile. They could pay out $780,
900 a day for a year" said the doctor.
"and then they would have plenty of
funds left to maintain good standing"
The doctor gave out the following
statement:
Editor of The Call: Several of my
friends have informed me that local
publication have not seen it-con-
meets my name Improperly with the
present run on the Hibernia Bank In
this relation l desire to say that in my
Judgment any responsible man who
would at the present time seek to dis
turb the financial relations between the
banks and the public of this city would
deserve traitors fate.
In my Judgment, if the directors of
the Hihernia Bank would only convey
to the depositors in clear and open
manner the fact that all the banks as
sets belong to them, the depositors and
no one else, and that they can only
ruin themselves by panic, this sense
less run would soon be suppressed AS
far. as my advice and voice can reach,
l strongly advise all depositors to
cease this meaningless stampede, for
its continuance can only lead to their
ov financial loss.
&C. f. BUCKLEY, NJ D."
DR.. Buckley admitted that he had in
the past criticised the mana cement OF
the bank but declared emphatically
thatshe had not done so since the fire
and had not at any time questioned its
financial stability.
John Carter of Tennessee who is
thought to have been responsible in
part for. the run on the Hibernia Bank
was subjected TO the severest cross
examination by the. police yesterday
but he did not deviate from the story
that he originally told to the effect
that he was drunk when he circulated
stories concerning the banks insolv-
cncy and did not know. what he was
doing. His case came up before Police
Judge Conlan yesterday morning. but
was continued. He was accused of dis
turbing the peace. -,
The police officials believe that q
much graver charge should be pre-
ferred against him and for that reason
are looking up his. antecedents. Chief
of Police Dinan, Acting Captain of De-
tectives Wren and Detective Harry
Reynolds are working on the case.