Hamiltonian democracy the parity of the two metals
Editor criticizes President Cleveland’s gold heavy policy claiming it preserves parity with silver as a misnomer. The piece argues gold’s dominance shifts silver to commodity status, boosts hoarding, raises purchasing power, and threatens honest measures of value. It cites the Sherman act, creditor influence, and calls for reorganizing dormant Sub Alliances in Union County.
MENTIONED IN THIS ARTICLE
Epior
Cleveland
United States
South
Europe
Friends of Silver
Alexander Hamilton
Hamsikomie
Democracy
State Press Notes Local Turmoil And Unusual Events
A jumble of rural and town items from several North Carolina counties reports taxes on weapons, jail fee cuts, and a $600 chemical engine purchase. It notes flooding damage, livestock issues, crop reports, desaparecido horses, a murder, burglaries, and assorted oddities in towns like Lexington, Durham, and Raleigh via regional papers.
Bank Failures and Assignments Across States Highlight Panic
June reports show multiple bank failures and business suspensions. Guar rentee Savings Bank in Kansas City liabilities 70000. Pollock & Bro in Little Rock liabilities 50000. Park City Bank in Salt Lake City liabilities 130000. Higgin's Western Bank in Missouri liabilities 60000. Hobbs & Tucker in Savannah suspended payments with deposits about 80000. Tuascumbia Bank in Florence closed. Louisiana Cypress Lumber Company in New Orleans placed in receivership with assets 300000 and debts 200000. Paineville Lake County Bank suspended with all deposits to be paid in full. Continuous bank runs and tight money market pressures noted.
MENTIONED IN THIS ARTICLE
J. M Richardson
Winston
N.C
J. M. Lackey
Kernersville
N. C
Kansas City
Guarartee Savings Bank
Little Rock
Ark
Pollock & Bro
Salt Lake City
Park City Bank
Missouri
Mon
Higgin’s
Western Bank
Savannah
Hobbs & Tucker A& Private Banking House
Albany
Hobbs
Hobs
Tucker
New York
Florence
Ala
Tuascumbia
New Orleans
Louisiana Cypress Lumber Company
Hillspro
Ohio
Citizens National Bank
Cleveland
Baackes Wire Nail Company
Painesville
Lake County
Aaron Wilcox & Co
Run on People's Bank prompts check at Kansas City Safe Deposit
Missouri dispatches report a run sparked by the suspension of the People’s Savings Bank in Kansas City. The Kansas City Safe Deposit and Savings Bank invoked its by law 30 day withdrawal notice, quelling the run by noon. Other banks saw no runs. the choice of Kansas City remains a mystery.
MENTIONED IN THIS ARTICLE
The
People’s Bank At
Kansas City
People’s Savings Bank
Kansas City Safe Deposit and Savings Bank
Defalcations at Irving Savings Bank Rise to $70000
New York reports reveal defalcations totaling $70,000 at Irving Savings Institution at 96 Warren Street. Officers implicated include President Clarence D. Heaton and Secretary Wm H Buxton, with 17 000 accounts under review as state examiners continue audit. Public statements claim Buxton has repaid 25000 and Heaton 1200 while three officers resigned, and the District Attorney is notified. A bank run also begins as depositors line up early, with $7500 paid out in minutes and a million dollars in reserve.
MENTIONED IN THIS ARTICLE
New York
Irving Savings Institution
Warren Street
Clarence D. Heaton
Brooklyn
Wm. H. Buxton
D. D. Tompkins
State Bank
Chas. M. Preston
Buxton
Heaton
Ricumoxp
Irving's Savings Institution
No. 9
Savings Bank
Preewmer G. E. Latimer
Nebraska banks in turmoil after national bank failures
In Omana Nebraska on June 13 a run on every savings bank began after the failure of the Mce Savin yesterday and continued with the morning downfall of the American National Bank, affecting the Mcvlagues.
MENTIONED IN THIS ARTICLE
Omana, Neb
Mce Savin
American National Bank
Mcvlagues
Bank Runs and Confidence Shaken as Crises Spread
Unofficial reports say Clearing House would support members including American National, but asset scrutiny found insufficiencies and aid was withdrawn. Depositors rushed to withdraw across Omaha and Detroit banks, with the Dime Savings Bank forcing sixty day withdrawal notices while others paid out promptly. Bank officials credited the delay in panic to withdrawals limits and firm assurances from directors like Senator Manderson and Union Pacific VP Kimball.
MENTIONED IN THIS ARTICLE
Clearing House Association
American National
American National Bank
McCagues
Omaha Savings Bank
German Savings Bank
American Savings Bank
Globe Loan and Trust Company
Manderson
Kimball
Union Pacific
Dime Savings Bank
Detroit
Mich
State Bank of
Crystal Falls
Michigan
Plankington Bank of
Milwaukee
People’s Savings Bank
Large number of failures hit Chicago banks and firms
Caicaeo Illinois June 13. Aftermath of the park displayed today in a large wave of failures. Private banks include Joseph Higgins at 84 Washington and several Illinois towns. Wylie & Co. and Henderson failed. margins up to 20 000. Sherwood at 141 Fifth Ave signed for 60 600 assets and 40 000 liabilities. Knorr at 1026 West Lake Street went under. McIntosh Battery on Wabash assigned assets exceed liabilities three to one. Jernberg Griffin & Co. at 167 Washington filed, assets 24 000 liabilities 20 000. August Jernberg and William B. Griffin link to real estate with 161 000 liabilities 200 000 assets 161 000.
MENTIONED IN THIS ARTICLE
Caicaeo
Ill
Board of Trade
Joseph Higgins
Privat
Washington Street
Illinois
Higgins
Maseutah
Sorento
Gillespie and Stann
West Lake Street
McIntosh Battery Co
Wabash Avenue
Jernberg, Griffin & Co
August Jernberg
William B. Griffin
Failures in Other Cities Prompt Bank Suspensions
In a wave of banking distress, Hudson Savings Bank of Hudson Wisconsin suspended operations citing money market stringency. With nearly 700000 on deposit, assets cover all deposits per notice. Alfred Goss president and A J Goss cashier, the Jan 20 last statement lists resources 782012 and liabilities 782012 including deposits due and surplus.
MENTIONED IN THIS ARTICLE
Hudson Savings Bank
Hudson
Wis
Alfred Goss
A. J. Goss
Sheriff Barton
Red River Valley Company
Devil’s Lake
N. C
Bank of Toronto
Canadian Bank of Commerce
S. J. Keith
Hermann Justi
J. H. Thompson
J. H. Fite
J. B. Richardson
Commercial National Bank
Nashville
Brownwood
Texas
L. P. Baugh
Citizens’ National Bank
Hillsboro
Ohio
Washinetoy National Bank Receivers Appointed
Washinetoy D C June 15 Comptroller of the Currency Eckels has appointed receivers of insolvent national banks viz Joseph
Bank receivers named for several institutions
Bennett, receiver of the Oglethorpe National Bank of Brunswick Georgia, Charles M Wilson, receiver of the First National Bank of Lakota North Dakota, Elmer A Howard, receiver of the First National Bank of Cedar Fuji Fona, and Henry H Kerr, receiver of the First National Bank of Brady Texas.
Fire Destroys Joseph Binnis Chemical Works in Williamsburg
The Joseph Binnis Chemical Works at Williamsburg burned last night causing about one hundred thousand dollars in losses. In Maryland, William Pinckney, a colored man convicted of murder and once escaped, was recaptured near his hometown. In California, a renewed clash between Evans and Santag, train robbers, left an officer wounded and Evans possibly mortally wounded. Santag escaped.
MENTIONED IN THIS ARTICLE
New York
Joseph Binnis Chemical Works
Williamsburg
Martzoro
William Pinckney
San Francisco
Cal
Visalia
Evans
Santag
Calis
Beekeeper Dies After Bee Swarm Stings Hogan
George Hogan of Lynch's Station near Lynchburg was stung repeatedly by a large bee swarm as he attempted to hive it on a Sunday morning. He collapsed at home before a physician arrived and died in great agony. Hogan, 33, had worked for the Richmond and Danville Railroad for years, most recently as a conductor on a material train.
MENTIONED IN THIS ARTICLE
la Grange
Asheville
Stanley
Lexington Dispatch
Joseph Hagaman
Beaver Dims
Boone Democrat
Seymour
John Allen Johnson
Durham
Durham Sun
Chatham County
New Berne
New Berne Journal
B. B Yelvington
Smithfield Herald
Elizabeth City
Bosley
Gates County
Murfreesboro
SF. Martin
Ayersville
Madison News
Denny
Siloam
Elkin Courier
Wilkes County
Wilke
Elbaville
Davie County
Sam Berrier
Chas
Hairston
Winston Sentinel
Ambrose Jones
Howard's Creek Township
Lincolnton Courir
Jonesboro
Richard Riddle
Pocket Township
Reidsville
C. G. Terry
Rockingham County
George Terry
Greenville
Kinston
Franklin Press
Tobacco Association of North Carolina
Greensboro
Chicago
North Carolina
John Hester
N. L. Barnard
High Point
Warrenton
Mocksville
Ab Anderson
The
Times
Fair Association
Concord Standard
Monroe Enquirer
Mount Airy
Lizzy Payne
Matilda
Ricumont
Lynchburg
George Hogan
Lynch’s Station
Hogan
Richmond & Danville Railroad
Fearful Crime in West Virginia Family Tragedy
Mrs. Phillips Kerch killed four of her eighteen children at Pleasant Hill and then died by suicide by leaping into a well. Mollie, seventeen, intervened to save a younger child but the mother and two younger sons Freddie and Johnnie died from poisoning. Neighboring farmer Mr Kerch was away at the time.
MENTIONED IN THIS ARTICLE
Parkersburg
W. Va
Phillips Kerch
Pleasant Hill
Kerch
Mollie
Freddie
Johnnie
Mr. Kerch
Fire in Montgomery Street Sweater Shops Kills 250 In New York
A six story building at 10 and 12 Montgomery Street burned at 3:30 am. About 250 Polish Hebrew workers crowded the fire escapes as flames roared from the second and third floors. Panic, injuries, and several deaths followed amid chaotic scenes, with victims falling to the street and manholes.
MENTIONED IN THIS ARTICLE
New York
Montgomery Street
Youngirl
Also Mentioned on This Page
Union County
State News
Fayetteville Gazete
J. H. Myrover
Charlotte
Observer
B. F. Arendell
Morehead City
Atlantic and North Carolina Railroad
Seversville
Evan Lemmond
Henry Sides
Charlotte News
Rutherford County
Factory
Alice Covington
Shelby Aurora
J. A. Taylor, Esq
Rocky Mount
Western Union Telegraph Co
Taylor
Nash Superior Court
Argonaut
Geo
Hunt
Jos Hodge
M. Robertson
Plato Gettys
Mr. Hodge
P. S. Lewis
Morristown
N.J
C. M. Buckey
M Street
Washingto
D.C
Buckey
Statesville
Washington
Joseph Misenheimer
Pink Misenheimer
Burlington News
T. P. Moore
C. L. White
Murray
Air Life
Amos Owens
Freeman
Dellinger
Calfrope
Southern Express Company
Pittsburg
Wilmington Star
Burlington
J. W. Hamilton
Mecklenburg County
Philadelphia Church
Matthews
New York City
Nebraska
Omaha
Dobbins
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