Chelsea Bank (New York, NY)

Episode Information

Episode UID
9067267191572
Episode Type
Run → Suspension → Unsure
Bank Type
state
Bank ID
906726719 hash
Start Date
December 20, 1930
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
156fa57b9610abc1

Response Measures

None

Description

Articles show a run and closing in Dec 1930 and later talk of reorganization; final reopening not clearly confirmed here.

Events (3)
1. December 20, 1930 Run
Cause
Rumor Or Misinformation
Cause Details
‘‘whispering campaign’’ alleged—telephone calls and malicious rumors traced to Communist sources urged depositors to withdraw
Measures
Banking Department intervened; brokers and suspects were investigated and arrests made to check withdrawals
Newspaper Excerpt
run of nearly 1,000 depositors
Source
newspapers
2. December 23, 1930 Suspension
Cause
Rumor Or Misinformation
Cause Details
Authorities and bankers attributed the bank's closing to the malicious 'whispering campaign' and heavy withdrawals
Newspaper Excerpt
closed the Chelsea Bank at yesterday
Source
newspapers
3. December 30, 1930 Other
Newspaper Excerpt
CHELSEA BANK SOLVENT, REORGANIZATION PLANNED: The revealed the bank sound and solvent ... hopeful be worked out for its reopening.
Source
newspapers

Newspaper Articles (16)
1. December 24, 1930 Times Union Brooklyn, NY
Article from Times Union, December 24, 1930

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BANK WHISPERING (Continued from page city spread rapidly after the cirsurrounding the bank's closing became known. reports, which amount attacks the soundness of some of strongest institutions, are being spread New York Merchants' meeting yesterday. "The duty volves the general public of halting the activities of those who are breeding lack of confidence." While the investigation into, the of rumors was taken up to-day by city, State national authorities, Joseph Broderick, of banks, prepared carry inquiry the ChelBank the Bank United the latter which he has been working for two weeks past. BRODERICK USES CAUTION "One thing and one thing only brought about the present situaMr. Broderick, after closed the Chelsea Bank at yesterday. refused comment further, but it was referring camwhich preceded the Chelsea collapse, as the closing Bank United States two earlier. Before he closed the bank yesterday the banking superbelief that an and under concerning the bank's and liabilities the time was yesterday will be issued later, Mr. Broderick nounced auditors are going over the books Two alleged arrested during disturbance the main bank yesterday questioned this afternoon of the General's office. They identified as Michael Melrose, 1631 Mermaid Coney Thomas Lodge, David counsel for bank, he been that phone calls had received Monday and early yesterday by several hundred positors, the bank's credit and urging them withdraw their accounts. Reports that the agitawas the work of either Wall bears are under The spreading of malicious the State Bureau of Securities out, crime punishby law. Washburn, assistant attorney general in charge, declared he would prosecute all that are brought his attenThe two men arrested for creating disturbance front of the bank Monday night also was BANK SOUND Weight was given the theory that the closing Chelsea Bank brought on almost entirely by false the statement of Broderick that far as was wrong with the condition the banking said that he the bank only that step its assets for and of the bank's caused no reaction in Wall unanimous declaring that its closing interpreted banks unfavorably, would be simply another founded and rumorspreading. The Chelsea Bank relatively small institution. with only about 40,000 depositors. neither member the FedReserve System nor of the New York deposits of the bank have shown weeks. Oct. they to Dec. over More and more was have recently withdrawn money rumors bank's gained headway. conference between Broderick and various banking ficials Monday night was decided to the bank over its dif ficulties, midday yesterday the reached that its Mr. said this he was not ready to discuss any STORM The Brooklyn branch of the Chesisea on Bedford Crowds made their appearance until the doors shut in the Meanwhile the plan devised the Banking for cent. defunct of United States Lines depositors who applied for again front two designated branches this About persons the borough eligible receive their loans all of the depositors the to yesterday, open the bank. figures, available to portion original loan actually applied for their was are Depositors

2. December 24, 1930 Times Union Brooklyn, NY
Article from Times Union, December 24, 1930

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BANK WHISPERING (Continued from page city apread rapidly after the cir. curnstances surrounding the closing became known. reports, which amount attacks the soundness of some strongest institutions, are being spread the New York Merchants' Association declared meeting "The duty volves the general public of halting the activities of those who are breeding lack confidence." While the investigation into the source rumors was taken up to-day by State and national Joseph Broderick, prepared carry inquiry into affairs the Bank and the Bank United latter which has working for two weeks past. BRODERICK USES CAUTION "One thing and thing only about the present situadeclared Mr. after closed the Chelsea Bank at He comment further, but was ferring the paign' which closing the Bank United States weeks earlier Before he closed the bank the superhad his belief that an "organized and malicious campaign statement concerning the bank's assets liabilities closed will issued Broderick He nounced that auditors are going books alleged Communists arrested during disturbance the bank tioned Michael Mermaid Coney Lodge, West 144th street David bank, said phone calls had received Monday yesterday by several hundred attacking bank's credit and them withdraw their accounts. Reports the agitawas the either munists Wall bears are under investigation the State Bureau of Securities punishby assistant general in charge declared he would prosecute all such cases are brought to his tion. The men arrested for creating disturbance front the bank Monday night will also BANK APPARENTLY SOUND Weight was given the theory that the closing the Chelsea Bank was brought almost entirely false by the Broderick that far knew there nothing wrong with the condition institution. banking superintendent said that he took bank because that step seemed necessary to conserve its assets for stockholders depositors. The of the bank's caused reaction bankers unanimous declaring if its closing was interpreted affecting banks would simply case founded spreading. The Chelsea relatively small about 40,000 depositors. neither member the FedReserve System of the New York Clearing House. The deposits the bank have shown marked recent weeks. Oct. they amounted to on Dec. 19 to only over More and more depositors, was learned, have recently withdrawn money rumors bank's condition gained headway. At conference between Mr. banking ficials night was tide the its difficulties, but midday the runs its had that close its that he ready discuss plans for STORM BROOKLYN BRANCH The only branch of the on Bedford avenue near Crowds made appearance line until the doors were shut Meanwhile the plan devised the Banking per cent. lcans defunct Bank of United States function smoothly Lines of depositors who applied for week again front the designated Brooklyn branches morning. About persons in borough eligible receive their loans all the 8,000 depositors the made their branches the bank. figures, howavailable what the original loan cants applied for and cevied their money. The Brooklyn Depositors and

3. December 24, 1930 Times Union Brooklyn, NY
Article from Times Union, December 24, 1930

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BANK WHISPERING (Continued from page 1) city spread rapidly after the circumstances surrounding the bank's closing became known. "False reports, which amount attacks on the soundness of some strongest institutions, are being spread daily," the New York Merchants' Association declared meeting yesterday. duty volves the general public of haltthe activities of those who are lack of confidence." While investigation into the source of underground rumors was taken to-day by city, State and national authorities, Joseph Broderick, banks, prepared carry inquiry into the affairs the ChelBank and the Bank United States, the latter which been working for two weeks BRODERICK USES CAUTION "One thing and one thing only brought about the present situadeclared Broderick, closed the Chelsea Bank at yesterday. He refused comment further, understood he ferring "whispering campaign' the Chelsea closing the Bank United States weeks earlier. Before closed the bank yesterday the had belief that an under concerning the bank's and liabilities the time yesterday will issued later, Broderick He nounced that auditors are going books to-day. Two alleged arrested during disturbance main bank yesterday were questioned this afternoon attaches Attorney General's office. They identified as Michael 1631 Mermaid Coney and Thomas Lodge, West street, David the bank, he had been that phone calls had been received Monday yesterday by several hundred depositors, bank's credit urging them withdraw their accounts. Reports the agitation the either Communists Wall Street bears are under investigation to-day. malicious rumors, the State Bureau ties pointed crime Watson assistant attorney general charge. declared he would prosecute such that are brought to his attenThe two men arrested for creating disturbance front of the bank Monday night also be prosecuted, learned. BANK APPARENTLY SOUND Weight was given the theory that the of the Bank brought on entirely by false the Broderick that far as he there was the condition of the banking said took the that its assets for stockholders and The of the caused no in Wall Street, unanimous declaring its closing affecting other banks would simply another founded and malicious rumorspreading. Chelsea relatively small about 40,000 depositors. neither member the Fed Reserve System nor of the New York Clearing House. The deposits the bank have shown shrinkage weeks. Oct. amounted to little over More and was learned, have recently money bank's condition gained headway. conference between Mr. and various banking ficials Monday night decided try tide the bank ficulties, midday yesterday runs its such that necessary close doors. Mr. this morning that he was not ready discuss any plans for rehabilitation STORM BROOKLYN BRANCH The only Brooklyn of the Chesisea on Bedford near Crowds made their appearance there early until the doors were shut in afternoon. Meanwhile the plan devised by Banking the of per cent. loans defunct Bank United States continued function smoothly depositors who applied for week again front the designated Brooklyn branches this morning. About persons in borough eligible receive their Nearly all of the 8,000 depositors yesterday, made their branches the No figures, portion original loan actually for their applicawas and

4. December 26, 1930 Times Union Brooklyn, NY
Article from Times Union, December 26, 1930

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BANK WHISPER PLOT CONTINUES (Continued from Page celved phone similar to those which Chelsea Bank closing Last Saturday, small was actually started one institution, and serious were averted only by the quick the Department. Mr. Broderick to-day that he had not heard of John into affairs Bank United which reported. several of begin The name Max Steuer been mentioned the counsel might institute proceedings The campaign," according to bankers. has been on lesser degree the past three agitators by threatened the Department State Federal and however, have been conithued. SUSPICION ON REDS generally agreed financial circles that the of the propaganda banks being ried by probably acting concert stock who have been bank Mr. Broderick and other banking officials refused They branded hearsay the reports that many the alarmist phone calls of recent definitely traced sources. It known, however, that the Communists have talked their ings campaign against banks and have. in known actually spread propagand among depositors. reassurance depositors in banks in city prominent bankers in their that the run on the Chelsea Bank closing about almost entirely the campaign. affairs the tion still being by the will prob ably made public BROKERS UNDER INQUIRY definite plan lending money to the of the Chelsea Bank be until after the has been however that several stand ready to lend money on the same terms as effect with of United States depositors. believe the Chelsea Bank will need extensive financial The part of Wall Street bears in the closing of the bank expected revealed within few the investigation Assistant Attorney General Watson Washburn State Bureau Securities. Mr. Washburn now in eral brokers subpoened Wednes regard to bank stocks. In addition. he has sent letters 100 other brokers requesting information bearing on the situation.

5. December 26, 1930 Times Union Brooklyn, NY
Article from Times Union, December 26, 1930

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BANK WHISPER PLOT CONTINUES Continued Page ceived phone similar to those which precipitated Chelsea Bank closing Last revealed small run tually started serious consequences averted the Banking Department Mr. that he had heard into the Bank United reported. several of prepared begin The name of Max Steuer has the counsel might institute such The "whispering campaign." cording to bankers. has carried to lesser in the three days. they say apparently the threatened the partment and authorities. and small shopkeepers, however, have been conitnued. SUSPICION ON REDS generally agreed financial circles the of the propaganda banks being by probably acting concert 'bearish stock who have been bank Broderick other banking officials the They branded hearsay the reports that many the alarmist phone calls of recent days have been definitely traced Communist is the Communists talked their meetbanks and have. known actually spread propagand among depositors. giving reassurance to depositors banks in city. prominent bankers in their statement that the run Chelsea Bank subsequent closing were brought about almost entirely by paign. The of the institustill being by and will ably made public BROKERS UNDER INQUIRY No definite plan for lending money the the ChelBank will be formulated until after the concluded. several banks stand ready money on the the now in effect Bank of United Few authorities believe the Chelsea Bank will need extensive financial The part of Wall Street bears in closing of the bank is expected revealed within few days by the investigation Assistant Attorney General Watson Washburn the State Bureau Securities. Mr. Washburn engaged in questioning brokers subpoened Wednesregard to the he has sent 100 other questing information bearing on the

6. December 26, 1930 The Brooklyn Daily Times Brooklyn, NY
Article from The Brooklyn Daily Times, December 26, 1930

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STATE TO PROBE REDS' ACTIVITIES IN BANK CRASHES Fraud Bureau and Banking Dept. Keep Close Watch on Communists Here. Two State the Bank ing Departme Fraud reau of Attorney General's fice. are watch to. day activities of Communists officially held responsible measure for the of two the first of month. attempted attack on third which checked after had been started. Strong on the of the Department discovery the third plot revealed today by an official of the in ing the run after line of about 1,000 depositors had formed in front on of the branches this bank line the depositors fears Banking Department official learned last of Com munist campaign being discussed to launch the attack on this institution Run Checked Within hours this learned. the but it quickly nothing regarding learned by the general With this example them coupled the runs on the Bank of United and the naBk & Trust officials are convinced of strong to one bank with faiding the munist world revolution against capitalism and all its instiWatson Washburn assistant At. torney General charge bureau. questioned heads eight brokerage houses and their records. out for other and relating to deals in bank time in pressing charges against brokers whom find had slightest connection whispering and against he said He question 100 brokers about Chelsea Bank trading. learned today that District Attorney of New County also taking an interest in the To Probe Red Activities Assistant Attorney Charles Pilatsky has directed look into activities of Communist to foundation for that the Reds are plotting against the and he has quietly tracing calls depositors bank to withdraw their Broderick of the banking questioned garding reported run on the third Institution run there was that one being ed. by to thousands of depositors another two or three days, the said, he would be in position to make complete statement the conditions of the bank He 80 far he knew no tion was done the of the Bank of "nited States He denied he had issued that the Chelsea bank were assured of 100 on the dollar He had not discussed this phase he and would no on until his was to tonight Girls Commercial H. 883 Classon to discuss Max D. Steuer. chief counsel for the Depositors tion. is to make revelations startling made to broadcast his remarks

7. December 26, 1930 The Sentinel Winston-Salem, NC
Article from The Sentinel, December 26, 1930

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Charge Communists Started Bank Runs (CONTINUED FROM PAGE ONE) may have financed the the Bank and Trust Company prior the campaign which precipitated withdrawals and caused Examine Records Records houses by Watson charge of the State securities in an effort deterwhom they sold Chelsea and other banks District Attorney Crain has signed assistant to investigate alleged paign. An effort being made trace calls that positors the Chelsea Bank to withdraw their funds. Talk Openly "The Communists openly at their the mentioning the of the against their directed and horting their followers cosaid one official with the banking able trace definite Communists to the has not been without was only last Saturday, when run one bank began two hours after information had us that the Contmunists had made it their target.

8. December 26, 1930 The Atlanta Journal Atlanta, GA
Article from The Atlanta Journal, December 26, 1930

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Communists Active In Financial Attacks, Department Charges NEW YORK Dec. accused the State Banking of starting "whisto public confidence New York banks Officials the State Banking Department claimed to have traced to Communist sources run of nearly 1,000 depositors on bank last Saturday Prompt and energetic action by the banking department checked the Officials expressed the money may the opin of the Company prior the campaign which precipitated heavy withdrawals and caused the bank to be closed Records ight brokerage houses examined Friday Watson general In charge the State Securities Buan effort determine for whom Chelsea and other Crain has assigned assitant alleged Communist whispering campaign An effort is being made trace telephone calls depositors of the Chelsea Bank to withdraw their funds Communists talk openly at their meetings their campaign against banks, mentioning the names the against which their campaign and exto said one high official in close touch the We have been definite in which Comunists gone from store spreading their rumors. "That the campaign has not been without results was shown only last Saturday when a on one bank began hours information had reached us that the Communists had made it their target.

9. December 30, 1930 The Buffalo News Buffalo, NY
Article from The Buffalo News, December 30, 1930

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CHELSEA BANK SOLVENT, REORGANIZATION PLANNED From Bureau NEW YORK. Dec. of the of the and by its books on the closed by Joseph superintendent banks, was made public yesterday. The revealed the bank sound and solvent, according to state Directors of the revealed several of the bank. are hopeful be worked out for its reopening. BANK OF U. PROBE OPENS From New York NEW YORK, Dec first the the aside the Interest its by the following its closing on Dec. liquidation purposes, opened trict Crain before Grand jury today.

10. January 1, 1931 Plentywood Herald Plentywood, MT
Article from Plentywood Herald, January 1, 1931

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Blame 'Reds', Bank Losses NEW YORK, Dec. 26.- (UP)and Trust company prior to the whisCommunists were accused by the pering campaign which precipitated state banking department today of heavy withdrawals and caused the bank to be closed. starting "whispering" campaigns to Records of eight brokerage houses undermine public confidence in Ney York banks. were examined today by Watson Officials of the state banking deWashburn, assistant attorney general in charge of the state securities bupartment claimed to have traced to communists sources a run of nearly reau, in an effort to determine for whom they sold Chelsea and other 1,000 depositors on a bank last Satbank stocks. urday. Prompt and energetic action District Attorney Crain has asby the banking department checked the withdrawals. Officials expressed signed an assistant to investigate the the belief that communist money may alleged communist whispering camhave financed the short-selling operpaign. An effort is being made to withdraw their funds. ations in stock of the Chelsea Bank

11. January 2, 1931 Poughkeepsie Eagle-News Poughkeepsie, NY
Article from Poughkeepsie Eagle-News, January 2, 1931

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Can these letters square? Which president of the pasecheese as levees Where the great catacombs antiquity ON LAST PAGE) The policeman didn't know any about than she did but harry the poor woman further by display of Don't worry. said the cop. got ten grand in there, meself- OPTIMIST AND PESSIMIST Tragedy descended on Mazda Lane in earnest when the Chelsea Bank suspended big But located In the heart of the theatrical district good enough as pository for the nickels and dimes of humble folk of the penters, electricians men and womof the three day cabaret per. formers. little bunch of these people stood the curb dumb fascination facade their Treasure House. soft feathery snowflakes were descending upon Mazda Lane. Melancholy reigned supreme. little man In stared the window "Open an Account Our Thrift Department NOW. Put Away for Rainy Day rainin', ain't queried the man turned his gaze the bank flakes melting on the of his overcoat. they'll pay us, all right." spoke up The Optimist in the group "Suppose they interposed tall man, with scared eyes, "that ain't goin' buy food my trainseal, over the is It? An' now. FOLLY TO BE WISE They tell The Street of midtown having read Fred Kelly's the psychology of opeculationYou Win drew from his bank and fared south the Bradstreet Belt to engage high finance on his own count. me that that indicating Several continuing its frolle down the Greased Chute On before the lows. the Worthy Brother check book hand down the borkerage office take his and quit Street forever He through Never again would he from refining influence of Garment "How much do he Gently the customer's man broke the can cover with profit of replied you 'Sell sold the stock short for you or lose! "Sea "shark "Iceland "turtle and were the names of shoes made cod and salmon skins shown recently

12. January 2, 1931 The Standard-Star New Rochelle, NY
Article from The Standard-Star, January 2, 1931

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Bo By JOSEPH VAN RAALTE NEW Jan. time of the present Old Fashioned Father Rollo stunning that There Keep Smiling various philosophic depositors what comfort they propinquity of fellowrehearsing details by They are all in all intervals policemen by, humoredly suggesting and retire to their disperse domiciles peace. woman of the An elderly admonished, paused futile think will open The know did: but harry woman further display ignorance said Optimi and Pessimist Tragedy descended Mazda Lane earnest when the Chelsea Bank big bank. But located in he of the theatrical district good enough pository for the nickels and dimes of humble folk of the electricians, men and women of the three day enbaret performers, little bunch of the curb staring in tumb at the shuttered facade of their Trensure House. Zig. feathery snowflakes descending Mazda Lane. Melancholy reigned supreme. little man card the Account Thrift NOW Put something Away for Rainy queried the his gaze to the bank melting the arm pa yus. all spoke The Optimist "Suppose they tall buy food for my trained seal, workin'

13. January 3, 1931 The Waukesha County Freeman Waukesha, WI
Article from The Waukesha County Freeman, January 3, 1931

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Bo Broadway JOSEPH By Central NEW YORK Next time about the materialism of the day generation, recount the story Old Fashioned Father just brought suit against his tutor having imparted Little Rollo the tion that No Santa Claus. BANKING PROBLEMS. When Bank United States curled the other day, depositwith balance of $4,000 borhalf the amount at cent carried the $2,000 crosstown to the Chelsea Bank which few days later put up its shutters. remarked The Depositor sadly, "that in the days youth in the and peculiarities banking. instead placing myself continguous the relative and phenomena of the plumbng SMILING. All day long, round the various little groups of gloomy, philoophic depositors gather, extract(ing what comfort they can from the propinquity and rehearsing details of The Calamity They the seasick. At saunter suggesting the groups disperse and retire peace. An elderly woman in of the admonished, paused assail the bluecoat's with reiteration of the futile query 'When do you think the bank will open The didn't more about than did; but harry the furwhy ther by display ignorance Don't worry, lady, said the cop. got ten grand in OPTIMIST AND PESSEMIST descended on Mazda Tragedy Lane earnest when the ChelBank suspended. isn't bank. located the big heart the theatrical district good enough repository for nickels dimes humble folk of the men and women the three day cabaret performers. little bunch of these people the curb staring in dumb fascination the shuttered facade their Treasure soft. snowflakes were Mazda Lane. Melscending upon ancholy reigned supreme. man in too-wellstared fishyeyed at card in the bank "Open an Our dow: Put Thrift Away for Rainy day. queried little man, he turned his the from bank window gaze contemplate the snowflakes melting on the arm of his they'll all right, pay The Optimist in the spoke up Suppose they do." interposed with scared eyes, that man. buy food for my ain't goin' trained seal, over it? An we ain't workin' FOLLY TO BE WISE. They The Street of midtown who, havread Fred Kelly's masterpiece on the psychology of specuYou Win drew $25,000 from his bank and fared south to the Bradstreet Belt engage high finance on his account "Sell me o' that, an' that, that,' he ordered customer's indicating "blue chip favorites. elapsed, the market continuing its Mardi Gras paths that may tread; will have resentment when another gets ahead. not be swayed by envy when my rival's strength shown; will not deny merit, but to prove my try see the beauty spread before me, or will to preach YOUR duty more concerned MINE.

14. January 5, 1931 The Independent Massillon, OH
Article from The Independent, January 5, 1931

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Broadway NEW YORK, Jan. time you hear someone "moanin' about the materialism the present day recount the story of the Old Fashioned Father who has just brought against his son's tutor having imparted to Little Rollo the stunning information that There Ain't No Santa Claus. BANKING PROBLEMS When the Bank of the United States curled up the other day, depositor with of half the per and carried the $2,000 crosstown the Chelsea Bank which few days later shutters. The Depositor sadly, "that in the days of my youth had specialized the intricacies peculiarities of banking, instead placing myself tiguous the relative and corelative phenomena of the plumbing business." KEEP SMILING All day long, round the various branches of the suspended banks, little groups gloomy, vociferous, raged philosophic depositors gather, extracting comfort they can from the propinquity and rehearsing details The Calamity. They the same seasick. At policemen saunter by, suggesting that groups disperse and retire to their respective domiciles in peace. An elderly one of the groups, thus admonished, paused assall the with tion the futile query: "When do you think the bank open again?" policeman didn't know any more about than she did; but why the woman further by poor display of ignorance? "Don't worry, said the cop. grand in there, OPTIMIST AND PESSIMIST Tragedy descended Mazda Lane in earnest when the Chelsea Bank suspended. bank. But located in the heart the theatrical district enough repository for the nickels and dimes of humfolk of the electricians, and the three day cabaret performers. bunch of these people stood the ing dumb the shuttered facade of their Treasure House. Big. feathery descending upon Mazda Lane. Melancholy reigned little man in overcoat stared the bank "Open Account in Our Thrift NOW. Put Away Rainy rainin', ain't queried the little he man, turned gaze from the bank window to the snow flakes melting the his overcoat. they'll pay all spoke up The the group. "Suppose they interposed tall man. with goin' buy food my trained seal, th' An' ain't workin' FOLLY TO BE WISE They tell The Street of mid-town Suiter who, having read Fred Kelly's the psychology You Win Lose" $25,000 from the bank and fared south to the Bradstreet Belt to engage in high finance on his own account. me some that, an' that, that." he ordered the customer's chip favorites.' Several weeks elapsed, the market continuing its Mardi Gras frolic down the Greased Chute. certain morning. before the recent lows, the Worthy Brother. check book hand, ankled down the brokerage office take his losses and quit Wall Street forever He was through. Never again would he stray from refining influence the Garment Center. much owe he asked. Gently the customer's man broke the news: can cover with profit of replied. you said, 'Sell me some that,' sold the stock short win or Psychologists have been analyzing the laughter of children and we await interest the on the giggle of the radio laughs at his own Milwaukee Sentinel Maybe if would reach out and get some the would pick Democrat, (Little Rock.) The drop of cents hundred in the price of sugar not enough to justify third spoonful in the morning The advantage is to be summed grains, not Louis Widow's father when asked for his daughter's hand: man, are you you will be able maintain daughter to which alimony she has New Orleans Gangsters some fine pretty funerals, but sculptured has been set up in their memory. honor may be reserved for the last Duluth Herald.

15. January 5, 1931 Press and Sun-Bulletin Binghamton, NY
Article from Press and Sun-Bulletin, January 5, 1931

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Broadway BY VAN RAALTS New York, Jan. 5-Next time you low" about someone the materialism of the present day and recount the story the Father just against imparted Little Rollo the stunning information that There Ain't No Santa Claus. Banking Problems When Bank of United States curled up the other day. depositor with JOSEPH VAN balance of RAALTE borrowed half the amount and carried $2,000 Chelsea Bank to the crosstown few days later up its remarked The Depositor days of my youth the the intricacies of of and placing myself phenomena to the corelative relative plumbing business." of the Keep Smiling round the various day long, of two suspended branches banks, little groups of gloomy. vooutraged and philosophic ciferous. depositors gather, extracting what can from the comfort of and by pinquity details of The Calamity They are all in the same boat-and all seasick. At intervals policemen saunter by suggesting that the groups disperse and retire to their domiciles in peace. An elderly woman one of the paused to bluecoat's ears with assail the iteration of the futile query: 'When do you think the bank will open The policeman didn't know she did: but more about why harry the poor woman further display "Don't lady," said the cop. got ten grand in there, meself- Optimist and Pessimist Tragedy descended on Mazda Lane in earnest when the Bank big But located in the heart the theatrical district was good enough as pository the nickels and dimes of humble folk of the and penters, women of the three day cabaret performers. little bunch of these people stood the staring dumb on shuttered facade of their Treasure House. Big. soft descend Mazda Lane. Melancholy upon reigned little brushed stared card in the bank window Account Thrift "Open an Department NOW Put Away for Rainy quired the rainin' little he turned his gaze from the bank window plate the snow melting on the his they'll us. all right. spoke up The Optimist in the they tall eyes, "that ain't goin' food my trained over is ain't workin' Folly to Be Wise They in Street of midwho, having Fred Kelly's on the speculation You Win $25,000 from his bank and fared the Belt to in high on his own me some an' chip favorthe market continuing its Mardi Gras frolle down the On certain before the recent the Worthy in ankled the to his and quit He Never again

16. January 9, 1931 The Lexington Herald Lexington, KY
Article from The Lexington Herald, January 9, 1931

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NEW YORK, time about the materialism of the present generation, the day story the Old has just brought suit against his son's tutor having Little Rollo the tion that There Ain't No Santa Claus. Banking Problems When the Bank of United States curled up the other depositor balance $4,000 borrowed half the per cent and carried the $2,000 Chelsea Bank which few days put its shutters. The positor sadly, "that in the days youth had in intricacies and banking, placing myself contiguous to the phenomena of the plumbing Keep Smiling All day long, round the various branches suspended banks, little gloomy. vocif. erous, outraged and philosophic depositors gather, extracting what comfort they from the propinand by hearsing details The Calamity. They all the same all intervals policemen saunter by, suggesting that the groups disperse retire domiciles in peace. An elderly woman one groups, thus paused the bluecoat's ears with reiteration the futile query: "When do you think the bank will open The policeman didn't know any about than did; but harry the poor woman further display ignorance? worry, lady," said the got ten grand there, Optimist and Pessimist Tragedy descended on Mazda earnest when the Chelsea Bank suspended. big bank. the heart the district good enough repository nickels dimes folk the electricians, men and women of the three day cabaret bunch of these people stood on the curb staring dumb the their House. Big, soft, feathery ing Mazda Lane. Melancholy reigned man in brushed stared card in the bank window: an Thrift NOW. Put Something Away Rainy rainin', queried the little man, he turned his from the bank window contemflakes melting the of his overcoat. they'll pay all right," spoke the Optimist the "Suppose interposed man, scared eyes, "that goin' buy food for my trained seal, over An' ain't workin' Folly to Be Wise They The Street town who, having read Fred Kelly's the psychology of You $25,000 from his bank and fared south Bradstreet Belt finance on his count. me some this, an' that, ordered customer's indicating "blue chip favorSeveral weeks elapsed, the continuing its Mardi Gras frolic down the Chute. On morning before the recent lows, the Worthy Brother, check book in hand, down brokerage office to take his