1943. Citizens Savings Bank (Washington, DC)

Bank Information

Episode Type
Run Only
Bank Type
savings bank
Start Date
October 11, 1852
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
67d148ab

Response Measures

None

Description

Contemporary reports describe a great run on the bogus banks at Washington and list 'Citizens' among many banks targeted. The articles report heavy withdrawals on Oct 11, 1852 but do not mention any suspension, reopening, or receivership for this specific bank. Bank type is unclear from the name and text; several papers simply refer to it as 'Citizens' (OCR renders sometimes as Citizens'). Cause interpreted as bank-specific adverse information because papers call these bogus banks (i.e., questionable/unauthorized circulation), not a mere false rumor.

Events (1)

1. October 11, 1852 Run
Cause
Bank Specific Adverse Info
Cause Details
Papers describe a run on 'bogus' or unknown banks circulating/dating notes in Washington; Citizens listed among those suspected of issuing questionable banknotes.
Newspaper Excerpt
There is a great run on the bogus banks at Washington ... The Central, Citizens, Empire, Fulton, Mechanics' ... on which the run is being made.
Source
newspapers

Newspaper Articles (4)

Article from The New York Herald, October 12, 1852

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Article Text

APPOINTMENTS BY THE PRESIDENT - RUN ON THE WASHINGTON BANKS WASHINGTON, October 11 1852. The President has appointed Charles W. Christmas Register of the Mianesota Land office, ani Reuben M. Richardson as Receiver. There is a great run on the bogus banks at Washing ton. The unknown backs circulating and dating here, a re the Central. Citizens'. Empire, Fulton, Mechanics', Merchants', Exchange, Merchants' and Mechanics', Me. tropolitan. Ocean. and Railroad. with about a dozen others. on which the run is being made. The Bank of the Union had a large circulation in the District.


Article from New-York Daily Tribune, October 12, 1852

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Article Text

Appointments by the President-Run on the Washington Banks. WASHINGTON, Monday, Oct. 11, 1852. The President has appointed CHARLES W. CHRISTMAS, Register of the Minnesota Land Office, and REUBEN M. RICHARDSON as Receiver. There is a great run on the bogas Banks at Washington. The unknown Banks circulating and dating here, without having Banking houses, are the Central, Citizens, Empire, Fulton, Mechanics, Merchants, Exchange. Merchants and Mechanics, Metropolitan, Ocean and Railroad, with about a dozen others- -on which the run is being made. The Bank of the Union had a large circulation in the District.


Article from Meigs County Telegraph, October 19, 1852

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Article Text

WASHINGTON, Oct. 11th.-Charles H. is the Chrismas appointed Richardson by President Receiver Register. and Reuben M. of Land Office at Minnesota. Great run on bogus banks. Washington Bank of the Union had a large circulation in the District. Various unknown banks, without banking houses, circulating and dated The Central, Citizens, Mechanics, and Ocean Mechanics, Empire, at Washington. Fulion, Metropolitan, Merchants and Railroad banks and dozen others who have officers here and on which run is being made. Mrs Swisshelm, in speaking of the two most prominent candidates for the Presiden. cy. makes use of the following language: "Personally, we have always preferred General Scott to General Pierce, because we like a man to be what he pretends-to succeed in making himself what he aims to be. So, a military chiefiain is better than a man who tried to be hero and couldn't. UNPARDONABLE S IN!-The New York that there are shops in various of New York city regsol to children at a cent a ularly parts Times states where liquor glass!- is that and the Police returns give assurance the keepers of them have induced scores of children to become regular frequenters and customers of them. Among the new works that will be published this winter, are--the writings of Judge Woodbury; the works of W. H. Seward; Letters to Washington, by Sparks; the fifth volume of Bancroft's History of the United States, and the Travels of Kossuth in the United States, by Madame Pulsky, who with her husband, accompanied Kossuth. New YORK CITY.- The expenses of New York city, for 1852, will be about four millions of dollars! The majority of the council is in the hands of the Locos-elected as a "Reform Council"-and they have increassed the expenses they promised to reduce in the sum of over six hundred thousand dollars. They have redeemed their promise of "reirenchment and reform" after the usual fashion of L. F. politicians. DEATH OF ANOTHER MASSACHUSETTS CONM. Benjamin Thompson, district of Charlestown on GRESSMAN.-Hon. C. died from in the 4th Friday Massachusette, last. He had been sick but a few days. This is the third vacancy made by death in the present delegation from Massachusetts. Fowler, Rantoul and Thompson, three of the ten members, have died within the last two months. TELEGRAPH TO EUROPE.- London of the National Intelligencer, a for a telebetween the two been states graph correspondent that project continents, submarine has the started there, which has received sanction of the British Government, and promises to accomplish the great object had in view. BALTIMORE, Sept. 8th.-Two mails from received. anthat the War apLauimer, nounces New Orleans Department The United Picayune States has Naa for the Board of to pointed vy, guard Majors Captain Chase, Barnard Commissioners and Beaure the mouth of the of a the axamine with a view opening channel Mississippi into river, Gulf. Texas is supposed to contain a population of hundred thousand souls, having about thousand persons over age of who can neither nor twenty three thirty read the write. Oct. 11.-John W. Rand, with the charged NORFOLK, robbing Portsmouth Ba Penitenwas sentenced five years to the tiary. The McDonough will has been completely a decision of the New and the goes to heirs Orleans, broke, by property Court the in at law, and the cities of Baltimore and New Orleans receive nothing. LEONIDAS SHAVER, Esq., of Lexington has been associate Judge of ident, Kentucky, appointed Utah. by Salt the A Pres- Kentucky paper says he will leave for Lake in the October mail. Does he go post-paid? Emigration for California this fall is large. 700 sailed on on board the Over Tuesday, passengers steamship from New Geor- York gia, and over 400 on the Prometheus. A telegraph has been constructed from Paris to Bordeaux, in France, which runs under ground the whole distance. The wires, ten in number, are properly isolated, and encased in a coating of gulta pereha and lead. named George SUTCLIFF was shot in a few nights since, robA Cincinnati man while shot bing a grave, and the person who him has been held to bail in $10,000. JOHN LOWRY, the murderer of MOORE in has been convicted in His counsel has the Cincinnati, first degree. of moved murder for a new trial. The Cincinnati and Dayton Railroad Company, are about to prepare their road bed for a second track, and will commence laying the iron in a short time. Ex-Governor Chambers, of Ky., died on the 21st inst. The Result in the State. We give below the result in several of the


Article from The Weekly Minnesotian, October 30, 1852

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Article Text

News by Telegraph (Reported Expressly for the Daily Advertiser.) BOSTON, Oct. 22-8 M. On Tuesday, Mr. Webster was considered by his physician as not in immediate danger.There was a probability of his being able to resame public business in a few days, but before evening his disorder. which is inflammation of the brain, continued to grow worse until yesterday, when Dr. Jeffries became alarmed. Mr. Webster's wife and son were with him, and Dr. Warren left here for Marshfield this morning. The distinguished man is fully aware of his danger, and his intellect is unclouded. He is able to converse freely. A special meeting of Mr. Webster's Executive Committee was called early this morning. It was resolved. in compliance with the wishes of Mr. Webster's family and friends, that all political action be suspended for the present. During last night. Mr. Webster was very low, but at 5 this morning, when the messenger left Marshfield, he was asleep.He yesterday prepared a bundle of documents be despatched to Washington. BOSTON, Oct. 23-3 P. M. The express attached to the Journal office has just arrived, having left Mashfield at 11 o'clock. Mr. Webster is gradually sinking, and it is evident that in a few hours all will be over. His mind remains calm, and he is tranquil and happy. It was suggested to Mr. W. that he make his will, to which he gave his consent. but it is barely possible that he will have sufficient strength to do it. BOSTON, Oct. 23-6I Advices to P. M. have just been received. which confirm the reports of Mr. Webster' critical condition. The great man is gradually but surely sinking. It is thought that he may survive through the night, but improbable. NEW YORK. Oct. 18. The passengers by the Black Warrior. report that it was rumored at Havana. that Captain Porter should insist on landing the Crescent City, she would be fired into. The greatest exa citement prevails in consequence. Should shot be fired, Lieut. Porter has orders to surrender his vessel. The ship Elizabeth Jones, Capt. Brooks, is said to have been outraged by the Havana police, who searched her cabin and examined all her private papers, on suspicion that he had Fillibuster correspondence on board. Further conspiracies have been discovered at Mantanzas Del Rio and other places. The situation of the Patriots is every day more and more compromised. Imprisonments and denunciations multiply The conspiracy has been denounced at Mantanzas, and a section of the military commission despatched thither to enquire into the accusations and command the trials. The Captain General is very uneasy about the Crescent City business, and he has had very serious misunderstandings with his Secretary Martin Goliano, who has been his counsellor and guide in the transaction. Goliano wished to resign his Secretaryship Canedo, however. has not accepted his resignation, but on the contrary, told Goliano that, as he had led him into the bad scrape, he should see him out. and stand by the consequences of his conduct. The community have suffered much inconve nience from the arbitrary conduct of Gen. Canedo, and he will undoubtedly be recalled by his Government. Quite a number of persons have become obnoxious to the Government, but are safe from its vengeance, because in the United States they are politely requested to return. stand trial, and take their chance. Among the passengers in the Warrior are several Creoles, large means, who have come here with their families, and design becoming citizens of the United States, as they declared it impossible for any person who has the least self respect. to live longer at Havana, or indeed on the Island of Cuba. We learn from these passengers, that the Count of Poyos Dulces, brother-in-law of Lopez. is still in prison. He is confined in the most loathsome dungeon in the castle. All his property, which was very large. has been confiscated to the Government. and it was rumored that the noble Count himself would be given to the garrote, together with his brother. Don Jose Fras who was arrested at the same time. Threeo er persons, Senors Quatero, Balbin and Gonzales, have been tried and sentenced to death by the militaire, and are to be garroted in few days. The trial of numerous persons was progressing. Domiciliary visits were more numerous than ever. They are now made by day as well as at night. and bands of soldiers may be seen at all hours conducting some unhappy prisoner to the castle. There was no sort of security for either life. property or person all the Creoles who were able were making preparations to leave the Island. CHICAGO, Oct 20. About 2 o'clock this afternoon a fire was discovered in the helfry of the First Baptist Church, situated on the corner of La Salle and Washington streets, and in a few moments the whole spire was in flames. The wood work of the church was entirely consumed, leaving the walls standing. The origin af the fire is unknown, but as is workmen were engaged repairing the roof. it supposed to have cought from a pipe which a workman was seen smoking on the roof. No insurance. WASHINGTON, Oct. 11, 1852. There is a great run on the bogus Banks at Washington. The unknown Banks circulating and dating here, are the Central, Citizens, Empire. Fulton. Mechanics' Merchants' Exchange, Merchants & Mechanics', Metropolitan, Ocean. and Railroad. with about a dozen others, on which the run is being made. The Bank of the Union had a large circulation in the District. WASHINGTON. Oct. 23. It is rumored here that President Fillmore has written a letter. urging his friends to rally to the support of the Whig nominations, and send Whigs to Congress to support the administration. The steamsuip Fredonia will shortly leave with troops for Texas, to check the marauding Indians. BALTIMORE, Oct. 23. The opening of the Hanover Railroad was celebrated yesterday evening. It passed off pleasantly. NEW YORK, Oct. 23. Steamer Franklin sailed to-day for Southampton, with 100 passengers and $160,000 in specie. PHILADELPHIA, Oct. 23. The steamer City of Glasgow sailed to-day noon for Liverpool, with 45 passengers and $80,000 in specie. MONTPELIER. Oct. 15. The Legislature re-assembled this A. M., and resumed balloting for Speaker. On the 24th ballot. Thos. E. Powers, Whig, was declared elected