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START RUN ON ITALIAN BANK Excited Foreigners Try to Get Savings in Their Hands. Reserves Called Out to Preserve Order, While Tellers Cash Checks for Mob. New York May 7.-A thousand frantic Italians swarmed about the Italian Savings Bank, at Lafayette and Spring streets, to-day, fighting and scrambling for a chance to draw out their money. A small defalcation by a clerk, some weeks ago, had grown into a prodigious sum in the telling and extelling, and the run which began with the day's business soon assumed serious proportions. Long before the bank opened for the day a great crowd gathered outside, and when the door opened there was a rush for the paying window and a clamor for money by the excited men and women. They finally became so boisterous that Capt. Liebers was appealed to. He called out the reserves of the Mulberry street precinct, and the bluecoats had their hands full. All effort to keep the mob in order was in vain, and the police contented themselves with keeping the sidewalks clear. During the excitement President Joseph N. Franciolini tried to tell the depositors that there was more than enough money on hand to pay all their accounts, but they would not listen to him. Much delay in satisfying the depositors was due to the fact that the bank is small and the counting-room illy arranged. There is but one window which can be used in paying the accounts, and on account of the cramped quarters the president did not think more than $30,000 or $40,000 could be paid out during the day.
