9942. National German American Bank (St Paul, MN)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
2943
Charter Number
2943
Start Date
August 4, 1893
Location
St Paul, Minnesota (44.944, -93.093)

Metadata

Model
gpt-5-mini
Short Digest
287426c3

Response Measures

Capital injected, Full suspension, Books examined

Other: Receivers appointed; depositors offered time certificates and extensions to permit resumption.

Description

Depositors made heavy withdrawals (a 'steady drain') leading the bank to fail to open on Aug 4, 1893 and temporarily suspend. A receiver (Daniel W. Lawler) was appointed; the bank reorganized and formally voted to reopen and resumed business Oct 30, 1893. Cause attributed to broad depositor panic/withdrawals amid the 1893 financial stringency (systemic/macro).

Events (6)

1. May 9, 1883 Chartered
Source
historical_nic
2. August 4, 1893 Run
Cause
Macro News
Cause Details
Steady drain/withdrawals by depositors amid the 1893 financial stringency and national loss of confidence; described as a 'national epidemic' of want of confidence.
Measures
Bank officials solicited extensions from depositors and later offered time certificates to obtain extensions and working capital
Newspaper Excerpt
This bank has felt a steady drain by its depositors and has lost $1,562,000 since January
Source
newspapers
3. August 4, 1893 Suspension
Cause
Macro News
Cause Details
Temporary suspension forced by rapid withdrawals and inability to convert assets to cash during a period of general financial stringency and depositor panic.
Newspaper Excerpt
The National German-American bank... did not open its doors this morning... temporary suspension consequent upon a steady drain of withdrawals
Source
newspapers
4. August 5, 1893 Receivership
Newspaper Excerpt
Daniel W. Lawler has been appointed receiver.
Source
newspapers
5. October 30, 1893 Reopening
Newspaper Excerpt
It was decided to reopen the National German-American bank of St. Paul on Oct. 30. The directors formally voted ... to delay the opening until ... Oct. 30, when business will be fully resumed.
Source
newspapers
6. November 27, 1912 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (22)

Article from Waterbury Evening Democrat, August 4, 1893

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St. Paul's Biggest Bank Fails. Sr. PAUL, Aug. 4.-Like a crash of thunder from a clear sky came the announcement that the National German-American bank, an institution which is capitalized for a larger amount than any other bank in St. Paul, would not open its doors this morning. President Lockey of the bank admitted that the report was true. So far as can be learned no other bank will be affected by the German-American suspension. The bank has really been forced to take this step by pressure for payments of rediscounts by New York banks. The city of St. Paul has $45,000 deposited in the bank, and the state of Minnesota $114,000. The liabilities included individual deposits, $1,258,230; due to other banks, $167, 169, and due to the state banks, $132,988.


Article from Morning Journal and Courier, August 4, 1893

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WILL NOT OPEN ITS DOORS. The National German American Bank of St. Paul Has Lost Over a Million Dollars Since Last January. ST. PAUL, Aug. 3.-The National German American bank of St. Paul, with a capital of two million will not open its doors to-morrow. Joseph R. Luckey, president, issued an address to the public this evening, in which he says: "This bank has felt a steady drain by its depositors and has lost $1,562,000 since January while it has been impossible to correspondingly reduce its loans at a period of the year when everyone in agricultural sections like our's is 80 largely relying upon the maturing harvest. The bank has ample assets to meet all its liabilities, but when the temper of its depositors is so unreasonable no other course but temporary suspension was poesible."


Article from Rock Island Daily Argus, August 4, 1893

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McCreary Has Some Hopes. Representative McCreary, of Kentucky, who is a member of the international monetary conference, speaking of the probability of that conference reassembling in Brussels in November next, said: "I have been in correspondence with many of the representative men of the international monetary conference, and am encouraged by the reports that I hear. I cannot say that I believe in the ultimate failure of the conference. The action of India was not a surprise to me, because it had been predieted. Although they are no longer to have free and unlimited mintage of silver in India nothing has been done to prevent the government from coining silver." A SPECIMEN BANK SUSPENSION. One That Is Characteristic of These Times of "Hardupness." ST. PAUL, Aug. 4.-The National GermanAmerican bank, of St, Paul, with a capital of $2,000,000, did not open its doors this morning. Joseph R. Lookey, president of the institution, issued an address to the public, in which he says: "The prolonged drain upon the assets, which has been steady and unceasing for many months past, at a period of the year when our agricultural and business community are awaiting the gathering of the crops, and increasing just when the financial skies are apparently brightening, has forced this step upon the officers and directors. This bank has felt a steady drain by its depositors and has lost $1,562,000 since J muary, while it has been impossible to correspondingly reduce its loans at a period of the year when every one of the agricultural sections like ours is so largely relying upon the maturing harvest. The bank has sustained no serious losses of any nature. and has ample assets to meet all its liabilities, but when the temper of its depositors is so unreasonable and unrelenting no other course but a temporary suspension is possible. "No person will fail to see that this one of our largest and strongest institutions has thus been needlessly forced into a situation which all good citizens will regret, solely on account of the groundless want of confidence that appears to be at this time a national epidemic." On July 12 this bank's resources were $5,488,000.


Article from St. Paul Daily Globe, August 5, 1893

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Ringing Sentiments From Archbishop Ireland. Though not in active commercial business, Archbishop Ireland has long been recognized in the Northwest as a gentleman of especially good judgment in business affairs, and as warmly interested in the prosperity of this community. It was on this account that a GLOBE representative called at the bishop's residence last evening and asked an expression of his sentiments, which he cheerfully supplied in the following practical and forcible mannersentiments which touch the key note of the situation: "The temporary suspension of the National German-American bank, with solid, reliable assets far beyond all possible liabilities, puts in clear light before all our people the criminal folly of the financial fright which seems, as an evil spirit, to have been brooding over their minds. Without the smallest reasonable ground for their action, the depositors of this bank have withdrawn from it their money, SO quickly that its assets cannot be converted into ready cash, and it is compelled to close its doors. A continuance of this frame of mind among the people will harm other banks, and bring upon the city commercial and industrial disaster, and throw the whole population out of work. "All those who give thought to the matter are fully aware that the banks of St. Paul are the safest and most conservative in the country. Official examiners have lauded them as being exreptionally well managed. Their directors are men of sterling honesty and ability. It is common sense to put fullest trust in them. Unfortunately, the majority of people seem to have no idea as to how banks are conducted. They Imagine that money confided to them, and for which depositors draw interest, is to be kept in vaults, ready to be handed out at any moment in gold or current bills. The money, in order to earn interest for depositors, is, of course, invested, loaned out to merchants and others; and it will not return at a moment's notice. A senseless run on the United States government, kept up long enough, would interrupt its cash payments. So would a continuous run


Article from St. Paul Daily Globe, August 5, 1893

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J. J. Hill's Diagnosis. A call at the office of the Great Northern yesterday atternoon found its president, J. J. Hill, immersed in business, as usual, but he halted long enough to briefly express himself. "Primarily," said Mr. Hill, "all of this financial difficulty arises from the attempt to secure by legislative law what is diametrically opposed to commercial law. That this cannot be done is manifest by the present condition of business. It has created a lack of confidence, and it is that lack of confidence which has caused the withdrawal of deposits from our banks and compelled the suspension ef one of our large institutions today. The St. Paul banks are solvent, and depositors are not in the slightest danger of loss. The National German-American bank will pay its depositors in full, and the fright which led to the withdrawal of funds has really damaged the parties engaged in it more than the bank itself. A large amount of the money being drawn out of banks is held by those in employment or seeking employment of some kind, and not by the active business men. These laboring people ought to see that they are cutting their own throats. If they withdraw their money from banks to hoard it, how can they expect business to be continued and give them employment? They not only lose their interest, but they cripple those who employ them, SO that they deprive themselves of the opportunity to earn their daily bread. There is no occasion for any one who has money in St. Paul banks to be alarmed, and if people will quietly go about their business and keep their heads there need be no trouble.


Article from Pawtucket Tribune, August 5, 1893

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Figures Show Up Well. ST. PAUL, Aug. 5.-An approximate estimate of the figures showing the conditian of the National German American bank gives the assets at $4,577,702.59 and the liabilities at $2,549,664. Daniel W. Lawler has been appointed receiver.


Article from The Providence News, August 5, 1893

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Figures Show Up Wells Sr. PAUL, Aug. 5.-An approximate estimate of the figures showing the conditian of the National German American bank gives the assets at $4,577,702.59 and the liabilities at $3,549,664. Daniel W. Lawler has been appointed receiver.


Article from Morning Journal and Courier, August 5, 1893

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MORE BANKS SUSPEND. The National German American Bank of St. Paul Failed to Open Its Doors and the State Bank of Providence Unable to Meet the Clearing House Balance. ST. PAUL, Miun, Aug. 4.-The National German American bank failed to open its doors this morning and announced a temporary suspension subsequent upon a steady decline of withdrawals for the past month. State, county and city funds are secured by bonds given by various wealthy business men outside the bank. According to statements by the officers and directors of the bank, the bank has $4,000,000 of good commercial paper, a banking house and property worth at least $500,000 and other assets which will make $500,000 more, making a total of $5,000,000 to pay a deposit account of $2,261,000. The bank could go on again in ninety days if the comptroller thought it best, even if the stockholders had to pay an assessment of 10 per cent. PPOVIDENCE, Aug. 4.-The State bank of this city was unable to meet its balance at the Providence clearing house to-day and suspended payment and closed its doors. It is not a national bank and it has a paid-up capital of $77,000. The suspension is probably only temporary and is due to the stringency of the money market and the withdrawal of deposits. The bank was one of the oldest of the state banks and was instituted in 1850. It has not been regarded as sound. The report of the state auditor in November, 1892, shows its deposits to be $238,000. The officials say this afternoon that the bank will undoubtedly go into liquidation. It has many time loans out.


Article from St. Paul Daily Globe, August 6, 1893

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A QUIET DAY. The Banks Pursuing the Even Tenor of Their Way. There was no trace of excitement in the banking circles of St. Paul yesterday. Calls at all the banks found no news in progress -anywhere, and the uniform report was made that more money was being deposited than drawn out. The people were evidently indulging the sober second thought and pursuing a sensible course. Bank Examiner Thorne arrived to take charge of the National GermanAmerican bank and relieve Mr. Lawler. As rapidly as possible he will prepare a statement of the condition of the bank and will probably have one ready during the week. The sentiment for a speedy resumption is heartily concurred in by local stockholders and all indications point to an early resumption of business. The People's and the West Side bank also expect to speedily resume business. A better feeling was prevalent throughout the city among bankers and business men generally, and the feeling was general that the storm had spent its fury. It is so generally recognized that depositors in St. Paul banks are secure that all indications of a panic have vanished. New accounts have been opened at the various banks by those who had been doing business at the suspended institutions, and business generally was going on as usual.


Article from St. Paul Daily Globe, August 8, 1893

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IN WASHINGTON, Messrs. Lockey, Doran and Lawler Confer With Eckels. Special to the Globe. WASHINGTON, Aug. 7. - National Committeeman Doran, Hon. Dat W. Lawler and President Joseph Lockey, of the National German-American bank, were three prominent Minnesota arrivals at the national capital today. All three gentlemen were closeted with Comptroller Eckels a good part of the afternoon regarding the resumption of the Gerinan-American, and found him willing and anxious to lend all the aid in his power towards bringing out the reopening, of the bank. President Lockey presented a resolution of the board of directors calling a meeting of the shareholders on Aug. 17, and asking that a receiver be appointed until the results of that meeting are known. Comptroller Eckels promptly said that he would not only grant that request, but he would also give a reasonable time after that meeting to enable the bank officials to make arrangements for reopeniug. This was very gratifying to the St. Paul men, and President Lockey left feeling greatly encouraged.


Article from The Manitowoc Pilot, August 10, 1893

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States. Robert P. Coleman of Lebanon Valley, Pa., a multi-millionaire, lately failed for The Milwaukee Woman's School will not open this fall. It has been a losing venture of late. Even the N. Y. Central has been compelled to reduce its expenses by lessening the number of its employes. A premium 18 being paid now on silver for the purposes of change. The financial situation presents many peculiar phases. The hoarding up of money has caused a famine in small bills, They are needed for pay roll purposes and now command a premium. J. C. Iverson's store at Milwaukee caught fire on Monday morning and it and the water used in extinguishing it destroyed $140,000 worth of goods. A train wreck on the Lake Shore & Michigan Southern near Cleveland, Ohio, on Saturday night, resulted in the injury of twenty-five persons; three were killed. Congress is in extra session now. Crisp was re-elected speaker, -the republicans voting for Reed and the populists for Jerry Simpson. The latter received The stockholders of the Milwaukee National Bank have decided to resume. It is probable that the Commercial Bank which closed at the same time. will take similar action. Twenty two exenrsionists were drowned in a lake in Wales on Monday last. They were in a boat which was managed by inexperienced hands and it upset drowning all the occupants but six. The oldest bank 01 Wheeling, W. Va., whose stock is quoted at 145, had to close its dors on Monday owing to the constant drain upon it. Its assets exceed its liabilities by $350,000 and they are all first class. The city of Milwaukee is raising money for city expenses in a very sensible way. The taxes for 1893 are received now and the persons who pay are allowed a certain rate of interest. This puts money in circulation. There is a movement afloat to keep the World's Fair open during the summer of 1894. It is not at all likely that exhibitors would consent to permit their exhibits to remain over winter or that they would return them in the spring. The gold shipments from England to the United States last week amounted to $11,000,000. This large sum and the increase in the issue of national bank notes will certainly improve the times. Indeed there are abundant signs of improvement now. The National German-American bank of St. Paul, failed on Friday last. This bank had a capital of $2,000,000 and its reported assets are very nearly double its liabilities. Two smaller banks failed the day following. This was the first taste of the panic St. Paul has had this year. Comptroller Eckels reports the condition of the Milwaukee National Bank which suspended some time ago, as excellent. The bank examiner now in charge has already collected $50,000 of what was due it. The bank will be allowed to resume if the stockholders 80 desire. The engraving and printing bureau at Washington is kept busy these days in getting out national bank notes. The national banks areexpanding their circu-


Article from Custer Weekly Chronicle, August 12, 1893

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BUSINESS TROUBLES. Suspension at St. Paul. ST. PAUL, Minn., Aug. 5.-The National German-American bank failed to open its doors Friday and announced a temporary suspension consequent upon a steady drain of withdrawals for the past month. The bank officials announce that every liability will be made good dollar for dollar, but they require time to realize on their securities. No statement of liabilities and assets is as yet obtainable. An approximate estimate of the figures showing the condition of the bank gives the assets at $4,577,702.59, and the habilities at $2,549,664. Daniel W. Lawyer has been appointed to assume charge of the affairs of the bank. The People's bank, of St. Paul, which closed its doors at noon, has a capital stock of $240,000. No detailed statement of the affairs of this bank can be obtained before tomorrow. The same can be said of the West Side bank, a small concern, which closed its doors at 1 o'clock.


Article from Morris Tribune, August 16, 1893

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Winona papers contain complaint of the slaughter of prairie chickens in that vicinity. D. L. Keible, state supervisor, will resign to accept a position in the state university. Undertakers of North and South Dakota will hold a convention at Min- neapolis Sept. 12, 13 and 14. St. Paul's crack boat club, the Min- nesotas, took two races at Detroit last week—the senior and junior fours. Flour rates were reduced 2 1-2 cents per 100 pounds from Duluth and Min- neapolis to Eastern points Aug. 14. D. N. Dumont, G. N. A. Fostier and J. G. Milspaugh will be appointed pen- sion examining surgeons at Little Falls. The National German-American bank at St. Paul will probably reorganize without the appointment of a receiver. Burglars cracked the safe of Matt Smith at Cambridge. They secured $200 cash and some watches and revol- vers. The Princeton village council has de- cided to put in a system of waterworks for fire protection and to establish fire limits. Emil Johnson of Spring Lake was fined $10 and costs, amounting in all to $19.15, by Justice Barton of Inver Grove for spearing a buffalo fish. The Polish Catholic controversy at Winona is ended. The Poles met last week and agreed to obey the bishop and accept a priest other than Father Mic- iszke. While M. M. Crandall was cutting grain near Verndale he was badly in- jured by the accidental discharge of a shotgun which he was carrying on the binder. Nearly 600 applications have been re- ceived by the Minnesota state grain and warehouse commission for elevator licences under the new law that went into effect Aug. 1. Louis Freedman, a peddler living in St. Paul, had his left ear nearly severed while engaged in a fight with Charles Baker and Fred Guion. Baker and Guion were arrested. Montana merchants have started a boycott on St. Paul and Minneapolis because of the attitude of these two cities as reflected in their newspapers on the financial question. STATE OF OHIO, CITY OF TOLEDO, ss. Lucas County, Frank J. Cheney makes oath that he is the senior partner of the firm of F. J. Cheney & Co., doing business in the City of Toledo, County and State aforesaid, and that said firm will pay the sum of One Hundred Dollars for each and every case of Catarrh that cannot be cured by the use of Hall's Catarrh Cure. FRANK J. CHENEY. Sworn to before me and subscribed in my presence, this 6th day of De- cember, A. D. 1886. A. W. GLEASON, Notary Public. Hall's Catarrh Cure is taken in- ternally and acts directly on the blood and mucous surfaces of the system. Send for testimonials, free. F. J. CHENEY & CO., Toledo, O. Sold by all druggists 75c.


Article from St. Paul Daily Globe, August 18, 1893

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A WELCOME RESULT. The meeting of the stockholders of the National German-American bank yesterday was attended by the most gratifying results. HORACE GREELEY'S celebrated axiom, "The way to resume is to resume," seemed to be the animating spirit of the meeting. Out of the 20,000 shares of stock 16,902 were represented, and the vote on the proposition submitted was unanimous. The plan is both sensible and practical. The stock is to be reduced from two to one million dollars. The depositors are to receive time certificates running six, nine, twelve and fifteen months, drawing 4 per cent interest. These certificates will be salable, or can'be used as collateral, thus giving the depositors immediate relief as soon as the reorganization is perfected. The assets show the gratifying exhibit of over two and a quarter millions above the liabilities. Allowing a shrinkage of half a million in the bills receivable, which is probably much too large, the net assets will prove over a million and three-quarters above the liabilities. The sale of the bank building alone, which is a marketable piece of real estate, will realize in the neighborhood of half a million dollars. The meeting and exhibit cannot but be gratifying both to stockholders and depositors, and it is certainly exceedingly agreeable to the general public. The National German-Ameriean bank is an institution which the city and the Northwest cannot afford to lose. Its preservation and the speedy reopening of its doors is a consummation devoutly desired by every one. The solvency of the bank has been conceded from the inception of the difficulty. There is no shadow upon the officers or its management. The parties directly in interest and the entire community have the most thorough confidence in the integrity of the gentlemen in charge of the business. The prediction of the GLOBE in the issue containing the announcement of the suspension, that the bank would emerge from its difficulty really stronger than it was before, is rapidly becoming an accomplished fact.


Article from The Prison Mirror, August 24, 1893

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The intense folly of withdrawing deposits from sound banks in times of commercial stress was never more clearly illustrated than by withdrawal of funds from the National German-American bank of St. Paul, which so depleted it of current funds as to force suspension. With assets nearly double its liabilities, a well conducted and prosperous bank was knocked out of the business swim by those who should have been its best friends. For fear of losing a small current deposit, these fools congest the whole financial condition of an aiready heavily burdened country.


Article from St. Paul Daily Globe, September 10, 1893

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WORKING TO RESUME. Creditors of National German-American Should Act. While a very large number of the depositors in the National German-American bank have signified their willingness to accept time certificates drawing 4 per cent, there are a number who, probably through inattention, have neglected to come forward. It is highly important that they should respond at once. The comptroller has only given until the 1st of October for the reorganization, and if a receiver is to be avoided, and the bank allowed to resume, the work must be rapid. It will be a long and slow process for the depositors to obtain their money through a receiver, while with resumption and time certificates they can obtain negotiable paper on which they can realize at once. Every argument and self-interest is in favor of mutual co-operation and resumption.


Article from St. Paul Daily Globe, September 30, 1893

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EARLY RESUMPTION Is Promised in the Case of the German-American Bank. A. D. Lynch, of Washington, a special national bank examiner, arrived in this city yesterday morning, and during the day was in consultation with Messrs. Thorne and Lawler and other interested parties regarding the resumption of the National German-American bank. Mr. Lynen's duties are exclusively with suspended banks, and he came to St. Paul from Milwaukee, his visit to that city being in connection with the Milwaukee National bank, which reopened for business a few days ago. Seen last evening, Mr. Lynch said he was not prepared to make any extended or detailed statement as to the condition or the German-American bank, but he had found the situation very favorable. The examiners, stockholders and directors of the bank had accomplished a deal of valuable work. An amount of money ceeding $400,000 had been collected, and extensions secured amounting to $1,400,000. Nearly four-fifths of the required extensions had been obtained, and with the additional money expected to be secured, and additional extensions now being negotiated, the outlook was very encouraging. The comptroiler, Mr. Lynch said, is anxious to allow suspended banks to reopen, but, of course. desired the resumption to be on a sure foundation. His report would be made to the comptroller in a few days, and the comptroller would then name in detail the conditions upon which the bank might resume. The comptroller, he said, would make a decision as soon after receiving his report as possible, and the matter would be definitely determined aery shortly. Mr. Lynch expects to meet the examiners, together with the directors, at a meeting to be held this morning at 10 o'clock, at which further progress will be reported. WASHINGTON, Sept. 29.-Representative Kiefer said today that he had information that the St. Paul GermanAmerican bank would resume Oct. 1. Clothe Your Boys at the "Plymouth." Better goods than ever, and surprisingly low prices. "Plymouth Corner," Seventh and Robert.


Article from St. Paul Daily Globe, October 1, 1893

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DEPOSITORS' EXTENSIONS ABSOLUTELY NECESSARY FOR GERMAN-AMERICAN TO RESUME. TALK WITH EXAMINER LYNCH. Meeting of the Bank Directors Yesterday - Mr. Lynch Tells Them What Must Be DoneDepositors Hold the Key They Can Secure Resumption and Their Money Shortly. A largely attended meeting of the di rectors of the National German-American bank was held yesterday, every director in the city being present. A. D. Lynch, of Washington, the special national bank examiner, was present to confer with the directors. Mr. Lynch devotes his entire time to investigating suspended national banks and aiding in their resumption or liquidation, as the case may be. He made a lengthy address to the directors, setting forth what was necessary for the bank to resume business. His views were excellently received and heartily coincided with, and the directtors propose to act along the lines laid down by him. A GLOBE representative called upon Mr. Lynch after the meeting, and received in substance the following: "It is evident," said Mr. Lynch, "that further extensions on the part of depositors are absolutely necessary, and, if they are not granted, resumption of the bank may be defeated. 1 consider that the officers of the bank have done excel lent work. They have collected $400,000 in cash, and secured extensions of deposits amounting to $1,482,000; but this is not enough. If the depositors do not grant the extensions a receiver will necessarily be appointed, and under the best administration possible it is not improbable that four years, if not more, would be required for liquidation of the trust. Through the plan now.proposed, the bank can be placed in a going condition, and those having deposits can obtain their money in the ordinary course very much earlier than if the bank should be forced into liquidation, Depositors should not wait to be called upon, but should call at the bank without delay and grant extensions. Doing so, they act in their own interests. If this is done, the bank can resume in a very short time. I cannot too strongly impress upon the depositors their interests and their duties in this matter. The directors, through their committee, are making the necessary collections and obtaining money required to perform their duty, but they must have the co-operation of the depositors, or all this will come to naught. There must be enough money secured, together with the extensions of the depositors, to enable the bank to meet the demand liabilities, as well as for a working capiital. I shall send the comptroller in a day or two a report of the present condition of affairs, and it is probable some representatives of the bank will visit Washington very shortly


Article from The Prison Mirror, October 12, 1893

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The National German-American bank of St. Paul will reopen its doors Oct. 23, and again do business. Its suspension was caused by the cowardly, who withdrew their cash just when the presence of cash was most needed and most unattainable. With assets almost double its liabilities, this sound concern was forced, for self-protection, to assign owing to foul blows from its supposed friends. Executive clemency in the case of Thompson the De Smet, S. D., murderer may be wisely exercised. But it would seem that when a jury and judge, these days. find a man guilty of a shocking, cold-blooded murder, and sentence him to be hanged in expiation, that that sentence should be carried out. Such cases of emotional leniency do not seem to benefit the cause of justice, law and order; but rather are inclined to antagonize the people towards them and incite disorder. In a speech in the Rotunda at Dublin. John Redmond, the Parnellite faction leader, clearly indicated that he and his followers had had enough of "the grand old" fraud, who had no more use for Ireland after the Irish had plucked the official chestnuts out of the political fire. Mr. Redmond declared that his faction would no longer vote with the Liberals on English questions. He eulogized Parnell and declared his belief in the lack of patriotism of the other wing of the Irish party. The closing scenes of the bi-metallic congress were pitifully ludicrous. A few earnest men striving to arouse enthusiam and attract the nation's attention which would not be attracted by their theories. Gov. Tillman mingled negro domination and Grant's bayonets with his belief that the South and West could control the presidency. Gov. Lewelling spoke of Kansas having sent ex-confederates to congress and the convention exhausted itself in cheering, and adjourned to meet at Atlanta, Ga., next year. The Ameer of Afghanstan shows his appreciation of Neil's genius, who during the Indian mutiny, promptly stopped assassinations by blowing the fanatics from a cannon's mouth. The dismemberd Moslem can not achieve his Paradise. To assassinate an infidel and be hanged is glorious martyrdom to the Moslem fanatic; to be shot to pieces is death and damnation combined. The Ameer saw the force of this argument and promptly put down his revolting soldiery by blowing the ringleaders to pieces,


Article from St. Paul Daily Globe, October 19, 1893

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THE GERMAN-AMERICAN, The Directors Meet and Formally Vote to Open on Oct. 30. A full meeting of the board of directors of the National German-American bank was held yesterday, only two members of the board being absent, and they were out of the city. Reports were made by President Lockey and the reorganization committee, showing that while the demand liabilities.are but a little over $300,000, $750,000 is in hand. Long time extensions have been secured for over a million and a half of deposits, and only detailed clerical work, writing up on the books all of the transactions which have occurred while the bank has been in charge of Receivers Lawler and Thorne, now remains to make the bank ready for business. The directors formally voted, in order to give time for this work, to delay the opening until 9 o'clock Monday morning, Oct. 30, when business will be fully resumed. The req uirements of the comptroller have been fully complied with, and Mr. Lynch, the special representative of the comptroller, stated. after the directors' meeting. that granting the authority for the reopening was now only a matter of formality. The statements of the GLOBE yesterday morning were fully verified by the action of the directors.


Article from Pawtucket Tribune, October 19, 1893

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NEWS IN A NUTSHELL. The World's fair will close officially Oct. 80. The Ameer of Afghanistan is selling his captives into slavery. The missing steamer Miowera isstranded in the harbor of Honolulu. The ravages of the cholera epi emi n Constantinople is increasing, There was a serious wreck on the Canadian Pacific, near Grand River. Lord Chelmsford says the Matabeles are the equals of the Zulus as fighters. Sir Julian Pauncefote and family have left Newport, R. I., for Washington. The Hutchinson National bank of Hutchinson, Kan., has closed its doors to business. It has been decided to reopen the National German-American bank of St. Paul on Oct. 30. The First National bank of Ouray, Colo., which suspended about two months ago, has resumed business. The president sent to the senate a con Adential communication in response to the resolution of Mr. Dolph asking for information as to whether the Chinese government had made any request for the suspension of the exclusion act. The document is very brief, and will not be opened except in executive session. An unknown laboring man was struck and instantly killed by a train while walkIng on the track near the Woodlawn (Mass.) depot. When the vines on the house lately occupied by Phillips Brooks, in Boston, were trimmed the other day many passersby icked up lea ves as mementos. The town of North Attleboro, Mass., has voted not to accept the invitation to participate in the celebration of the 200th anniversary of the town of Attieboro. Francis S. Palmer, who has been appointed private secretary to Collector Kilbreth of the New York custom house, is a Harvard graduate and a member of the bar. Assistant Attorney General Travis, in behalf of the savings bank commissioners, asked the supreme court to remove Frederick A. Hobbs as receiver of the Stockbridge (Mass.) Savings bank. In consequence of the unusual number of incendiary fires within the town of Bourne, Mass., the past month, the selectmen have offered a reward of $300 for the arrest and conviction of parties who have or may set fires before March next. The body of Anna Orr, who disappeared from her father's home on Hollan Heights, Conn., on the night of July 29, was found in a well in Fairfield, about a mile from her home. It is thought that she jumped head first into the well. Dr. Oliver Wendell Holmes is looking well for his years. The other day he visited the Boston courthouse and when be saw his son standing at the door made B respectful bow and said: "How do you do Mr. Justice Holmes."


Article from Daily Kennebec Journal, October 20, 1893

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NEWS IN A NUTSHELL. The World's fair will close officially Oct. 30. The Ameer of Afghanistan is selling h's captives into slavery. The missing steamer Miowera isstranded in the harbor of Honolula. The ravages of the cholera epi- emic Il Constantinople is increasing, There was is serious wreck on the Cana dian Pacific, near Grand River. Lord Chelmsford says the Matabeles are the equals of the Zulus as fighters. Sir Julian Pauncefote and family have left Newport, R. L. for Washington. The Hutchinson National bank of Hutchinson, Kan., has closed its doors to business. It has been decided to reopen the National German-American bank of St. Paul on Oct. 30. The First National bank of Ouray, Colo., which suspended about two months ago, has resumed business. The president sent to the senate a con fidential communication in response to the resolution of Mr. Dolph asking for information as to whether the Chinese government had made any request for the suspension of the exclusion act. The doeument is very brief, and will not be opened except in executive session.