Holyoke National Bank (Holyoke, MA)

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SAVINGS DEPOSITORS WITHDRAW ACCOUNTS

Holyoke National Bank Has Small Ready to Pay Everyone Holyoke, Jan. was lively the savings department the Holyoke National bank today, quite number of depositors withdrawing their and the paying tellers busy portion the banking hours. There no confusion disorder one showed excitement. bank position demand will not last but day

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SAVINGS DEPOSITORS WITHDRAW ACCOUNTS

Holyoke National Bank Has Small Run Bank Ready to Pay Everyone

Holyoke, Jan. 16-Business was lively at the savings department of the Holyoke National bank today, quite number of depositors withand the paylife tellers fairly for the major portion of the banking hours There was no confusion disorder no one showed any excitement The Holyoke bank position any all on demand is that the checking out process will not last but a day

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RUN ON BANK SHOWS FRIENDSHIP FOR GILL

Dusting of President Badly Managed Administration Fighting "No Party" Designation Referendum

From Our Special Correspondent. Holyoke, Jan. In calling together the board of aldermen. the school board and city planning board for general discussion today of the school housing problem, Mayor John F. Cronin has adopted plan that will appeal to many as most likely to crystallize into definite action as soon or perhaps sooner than any other. Confronted by the dilemma either more portable schools or additional school building, such discussion is likely to evolve substitute plan, if such a plan is possible, in place of that advocated so long and SO strongly by the school board. The board of aldermen has taken no action and can enter the meeting with open minds. Not much has been heard of the city planning board, not to reflect upon it in any way, but seems to be in a sort of state of innocuous desuetude most of the time, however, it can have word to say at this convocation if it wishes. The board of public works could well have been invited as it has the care, maintenance and oversight of all public buildings. However, there will be enough to create discussion and the school board can be counted upon to make strong fight for its project and will come well armed with figures. The city is in good financial thanks largely to the state of Massachusetts, and with more than $300,000 of back taxes likely to be paid soon there will be quite a nucleus for beginning, financially. City Auditor Daniel W. Kenney has been advocating for years the pay as you go policy but it is hardly to be expected that so large a sum as required for the building projects carried out can be raised without the taxpayers. Run a Testimonial

The run on the Holyoke National bank that lasted but short time,,although separated the savings department from a was at the heart of it testimonial of the personal trust and confidence in the deposed president, George C. Gill. At any time during that run could probably have been checked by his presence. Probably in the history of Holyoke banking no change of administration 80 badly bungled as this just place. Mr Gill had been head of the institution for over the number doesn't count. Without an official explana tion of any kind to the public, without warning so far as they were concerned, Mr Gill was summarily removed, while those in a position to make such a statement as would reassure the public refused to make any statement With the man they trusted removed from the institution without excuse almost any mouth to mouth story ran uncont and it is wonder, not that there run, but that it didn't last longer and do more harm. For sheer idiocy, the position that there was "nothing to say" occupies an eminent position by itself. However. the worst is now over; the bank stood the strain as was expected; and the new president is one who has already inspired confidence and one satisfactory to the friends and foes of the previous administration alike. The future of the bank ought to be one of progress. The foundations have well and truly laid, as they say at cornerstone laying. With confidence restored, and normal business resumed-the bank is said to clear over $100,000 year in profits-the Holyoke National bank ought to continue to lead the banking procession for many years. Administration "Pulling Strings" The mayor is continuing his fight against the referendum on the "no party" designation and doubtless will fight to the bitter end, as is shown by the meeting of the board of aldermen this week. The aldermen, or more correctly the majority of them, have no minds of their own, but act as so many puppets and dance as the mayor pipes. That was conclusively shown the vote on the resolution introduced by Alderman Coughlin. There no call for the resolution at this stage except that it was figured that the who were inclined to the referendum would be dumb that they would not see the point. But even Alderman McLean was able to point big enough hole in the proposition to drive horse and wagon through. As a result, the board of aldermen will send a delegation to Boston to oppose giving the people of the city of Holyoke a chance to vote on whether they want to return to party designation or not. Possibly probably-they don't: but it is highly interesting to note that somebody is terribly scared for fear that they will, and that every string that can be pulled by the administration is being pulled to prevent the people voting on it. If this is good Democratic doctrine then the vew of the New York Times is essentially correct upon the party. The matter has passed the stage of whether the city shall return to party designation or not and now the paramount issue is whether the people of city shall be allowed to express their opinion whether they want to so return. That is more im: portant than whether party designation is restored, which is a minor matter at best. But a concerted attempt to deny an opportunity for the voters to say whether they want it is a more serious matter, and may have consequences not only for those interested for or against but for the mayor himself and his followers. The matter did. however, have a humorous side. Aldermen stood on their feet and gravely recounted extraordinary debacles in their careers that happened 25 or 30 years ago before primaries were invented. Just how any person is going to be prevented from running when primaries are open to all asked, but there was no one ready to answer Alderman Coughlin was particularly furious because some of the aldermen wanted light as to where the hearings were going to be held and rose so many times to points of order that he looked like one of the old dot and point puzzles. There was just six aldermen had the courage of their convictions and 10 who were rubber stamps for the present administration. pity that was no one in the board was ready to show up the situation. regardless of the point at issue. There was never a better chance to make a laughing stock of the author of the resolution and to those who followed him. Alderman McLean blunderingly attempted it but it was too much for him. Altogether it was a farce, laughable from one point of view, pitiable from anLet us hope that there will be few like sessions for the remainder of 1925. might be added in concluding, that one of the best arguments for to party designation is the 1925 board of itself as it has shown itself at this meeting.

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shown at the vote on the SCHOOL HOUSING introduced by Alderman There was no call for the resolution at this stage except that it was figAT HOLYOKE HAS ured that the aldermen were clined to the referendum would dumb that they would not the point. But even Alderman SOME ATTENTION Lean able to big enough hole in the proposition to drive horse and through. As Meeting of Mayor, Aldermen result. the board of aldermen send delegation to Boston to oppose giving the people of the city of Holand City Planning Board yoke chance whether they Should Get Results want to return to party designation not. probably-they

RUN ON BANK SHOWS note that terribly scared for fear that they and that every FRIENDSHIP FOR GILL string that can be pulled by the ministration is being pulled to prevent

Ousting of President Badly Managed Fighting Party" Designation Referendum

From Our Special Correspondent. Holyoke, Jan. calling together the board of aldermen, the school board and city planning board general discussion today of the problem. Mayor John plan that will many as most likely to action than other. Confronted by the either more schools or additional school such likely evolve substitute plan, such plan is possible, in place of that advocated long and strongly by the The of aldertaken no action Not much heard of the board, not to reflect upon it way, but seems to be in sort state innocuous desuetude time, however, can to at this convocation if it board of public orks could invited as it has the care. oversight of all public buildings. However, there will present to create discussion the school board can be counted upon to make strong fight for its project and will come with figures. The city is in largethe state and than of back taxes likely be paid soon there be quite for financially City Auditor Daniel W. Kenhas been advocating for years the you policy but it is hardly large sum for the building projcarried out can be raised without the taxpayers. Run Testimonial

The run on the Holyoke National bank lasted short time, though separated the savings department from large sum. was testimonial the personal trust and confidence in the deposed George C. Gill. during that run could probably have by his Probably in the history of banking adwas SO badly bungled as this taking place. Mr Gill had been head the institution for over exact number doesn't count. Without an official explanation of any kind the withthey conGill summarily rethose in position such statement would reas. the public refused to make any statement With the man they trusted removed from the institution without excuse any mouth to mouth story ran and there was but that didn't last longer and do more harm. sheer the position that there "nothing to occupies eminent position by itself. Howthe worst now over: the bank the strain was expected: and president is one who has ready confidence and one satto the friends and foes of alike. future of the bank ought be progress. The foundations been well and truly they laying. With confidence and normal business bank clear in Holyoke bank ought to conto lead the banking procession many years. Administration "Pulling Strings" The mayor is continuing his fight against the on the "no designation and doubtless will to the end, as is shown by meeting of the board of aldermen The aldermen. more correctly the of them, have minds of their but act many puppets and dance the pipes. That was conclusively resolution mund C. Ashley and A. W. Coughlin. Much moek trial for the assumed theft diamond brooch, the judge, clerk of courts, defendants and plaintiff be ing impersonated by Rufus see Doane, Gordon Blanchard. E. and Edmund Ashley, while Richard Chase, Clifford Chester Stroble constituted the jury musical and card party will cently given by and Mrs B. Woodworth at their home on Eim street. Those taking part in the sical included Mr Mrs Norber+ Roy, Fred Roy, Dr Clarence Lanville. Joseph and Henry Felix don't; interesting to Springfield. After the program was played at five bles, the high score prize ad- ing Mrs Norbert and Godette, the consolation favors being the people voting it. If this received by Norbert Roy and Jogood Democratic then the seph Godette. Following cards of the Times then tially upon The dancing until late hour matter has passed stage The members were the whether city shall return guests of Mrs Arthur Stedman party designation and now street their last meeting. the paramount issue is whether the Mrs Levi Fay was in charge of people city shall be allowed to the program. express their opinion they The Around club members want to That the guests Mrs Charles portant than designa- Chase Pearl tion restored, which minor this when William Wilmatter best. But concerted read on "Belgium. attempt to deny an opportunity Meeting of the D. R. for the voters to say whether they A large the members want is more serious matter, and may have consequences of Eunice Day chapter, Daughters not only for those for of the Revolution met against but the himself and the John Monhis followers. day when James The matter however, have as hostess by her sister, humorous Aldermen stood Arthur Gaylord. The their feet and gravely recounted ex- included an interesting talk on traordinary debacles in their careers poetry philosophy of Edgar that happened 25 or years ago be- Guest, by Mrs Jame Hale of Springfore primaries invented. Just field, who happily any person is going be pre- his poems. new memvented primaries tea all asked, but there served. Count Tolstoi, son of the no ready to Alder- great Russian novelist, will be man Coughlin particularly furi- guest chapter the annual ous because some the aldermen charter day observance on Februwanted light to where the hear- ary ings going be held and rose Mrs Herbert C. Haunton of Elm many points order that street Saturday afterhe looked the old dot noon small mah of point puzzles. There just six which the honor guest Foy had the courage of Clark, her law of Bridge their convictions and rubber stamps for the present admin- Mrs Margaret Carmody opened her istration. pity that there was home on Morgan street recent no one in the board ready ning in compliment Miss Isabel show up the South Deerfield. Memregardless of the at hers and friends Woodridge camp were the guests Music and games laughing stock the author of resolution enjoyed and leather and to those followed case Miss him. Alderman blunderingly left Monday for St attempted but it was too much for him. Alto- Fla. was served by the gether it was farce, laughable from hostess in the dining room the one point of were and white view, from Let us hope Mr and Mrs Austin that there will be few like the remainder Hillside entertained their card 1925. might be club recent evening. Auction was added in concluding, that of the best arguments played at tables and Mrs Thomas for return to King and Stephen McKenna were the party designation prize winners. Mr and Mrs Edward the 1925 board of aldermen itself as Stapleton be the hosts at the it has shown itself at this meeting.