Illinois Trust & Savings Bank

Bank Information

Episode Type: Run Only
Bank Type: savings bank
Start Date: January 27, 1918
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini
Short Digest: 9415e072

Response Measures

None

Other: Article is a sermon/anecdote referencing a hypothetical 'run' story; no actual banking event described.

Description

Article fragment (The Washington Herald, 1918-01-27) describes a run on the Illinois bank and the bank paying out large sums to meet withdrawals; no mention of suspension, reopening, or receivership. OCR-heavy text; corrected reading to identify a run and that bank paid out millions to stand the run. Causation is not clearly stated in the article, so classified as 'other' cause rather than rumor or bank-specific insolvency.

Events (1)

1. January 27, 1918 Run

Cause Details: Article does not attribute the withdrawals to a specific rumor, solvency problem, or correspondent failure; appears as a depositor run/nervousness without explicit trigger.
Measures: Paid out large sums (dumped millions of dollars) to meet withdrawals and remained open
Newspaper Excerpt: there is run on the bank. The bank dumped millions of dollars to stand that run.
Source: newspapers

Newspaper Articles (1)

1. January 27, 1918 The Washington Herald Washington, DC

Article from The Washington Herald, January 27, 1918

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Article Text

in Chicago and I saw a Trust great time in front of the Illinois I said, and throng Savings Bank, years crowd?" ago. "What "Why," is someone all that said, "there is run on the know bank." they were entitled saySo you thirty days' notice for "We to have bank says, ings deposit. The and you will withdraw our right The bank have your money." can "We will keep open all night." of says, The bank dumped millions People dollars to stand that run. stopped. saw the money there and bank." "A run on the He said, it a great thing? What do Isn't say, let's all start a run on angels the you heaven, keep the bank of out salvation to old sinners; handing wouldn't it be great? to been trying from that day of heaven. this I've to start runs on the bank Sick Need Medicine. Another says, "Well, I am going to until I get to be a little better." wait that is just about as sensible I won't Well, sick man saying, "Well, well." as a the medicine until I am that needs take the man who is sick who It's and it's the man you the medicine, needs a Savior and if to is lost that lost then you don't need there are saved not and if you are, saved. then You is be will no never other be way more to likely be to find Jesus are there Christ than right now. "Well, mysteries Another in says. the Bible that I can't understand." with you there, Well, that I will point. agree Neither do I. there is one not a-going to hell because understand am things I can't that are multitudes of know beans about in are There don't some things either. the Bible but I never expect to, enough and isn't going to be foolish are God me to hell because there unto things send in the Bible that I don't derstand. don't complain about if you the And so, you can't understand can things obeying the things you comunderstand. are not Thou shalt not mit adultery. against Thou shalt not bear false witness " thy neighbor." these hard to "Thou not shalt not steal understand. others or lie, Then Supare worry about the boy to don't I should send my home posing school and when he came said: you learned to read and and alwrite Have and understand figures gebra?' "You No." haven't learned anything. you can't go back to school." Lack of Understanding. 1 talked like that I'd use as much you If as you do when you say Bible. sense understand all about the Bible don't great deal about the one know never a knew beans about what that year ago, I but I started and I out used with that and knowledge I When had I started to play got more. I used what knowledge all had baseball and I got so that I could do Another right. said, "Yes, mysteries in the Bible." Another says. "Well, I'll wait until sure I can hold out.' I am about as much sense as say- the That's "I am going to keep out of ing. until I learn to swim. as water AS much sense in that About would be trying to heat an much oven there snowballs. There's just as be in with in that as there would on sense to cross the Atlantic trying grindstone drawn by cockroaches foolish. such excuses are Why, show you are trifing with when God. They you help holding out "Unto How can got a promise like this: you from Him you've that is able to keep and to preserve you. falling Lord will hold thy right I hand. will "The unto thee. Fear not, thee. saying thee nor forsake am never leave "Well. I hope I saved, but Another says. I don't know whether am not. Well. or do you know whether you to are sit not? Do you have alive or tack to find out? Do you of down on whether a you are a citizen Do you know United States or not? know the your name? Do you not? Do know whether you are married or any whether you've got what you know or not? Don't you see made would children be thought of you if you like foolish answers to questions know such that? Just as foolish, "I don't whether Another I says, am saved. "Well. there is nothing reasonable about religion. that so? can't.' Is "I've tried to believe the Bible, but Principle of Life. just Foolish. My goodness: Life is full of things that are beyond and chuck and if you only accepted reason what you fully understand acted there wouldn't be very much progress The life science or in inventions. is bein in a grain of wheat greatprinciple ond the comprehension of the Scientists scientists in the world. they can't est know it is there, but It has been find it, they can't explain it