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The People's Bank. It is announced that the board of Directors of this old ante bellum bank, at a meeting last Saturday, determined to suspend operations and wind up its affairs. This action was made necessary from unexpected financial embarrassments " hich could not be controlled. With an actual cash capital of $30,000, it did a suc. cessful discount business amounting to more than 25 per cent. on the capital, and on the day of suspension the books of the bank show that its assets were $40,000 above all liabilities except the debt of $20,000 which caused the trouble. There are also said to be other assets, not available now, from which they expect to realize a considerable percentage in the future, all of which, It is said, goes to show that the bank will pay every dollar of its liabilities, and that those who have entrusted their money to this institution need feel no alarm. The history of such transactions, however, teaches depositors that such statements must be taken with many grains of allowance. It is rumored that two or three of the leading houses of Charleston share the same fate, but from the nature of their business will not effect the business of Orangeburg. A few days will reveal the whole secret.