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Bedford Gazette from Bedford, Pennsylvania • Page 5

Publication:
Bedford Gazettei
Location:
Bedford, Pennsylvania
Issue Date:
Page:
5
Extracted Article Text (OCR)

How the Run on the Bank Was Stopped By EVELYN T1SDALE When 1 was married I had $50,000 in Jiaid cash and had been assistant cashier in a bank. I concluded to go west to some promising town and open a bank. There was one bank where I settled. Barton's, that previous to my entering the field had done all the business there was to do. Barton was very much disgruntled at having to give up any of it to me and did all he could covertly to injure me and my credit.

He was not liked, being considered a skinflint, and I gradually cut into his business. This gain on my part was partly due to my wife, who made herself very popular with her acquaint- and brought me many valuable accounts. The town was growing, and there "was business for two banks. If I had not occupied the field some one else would have done so. But Barton wanted it all and acted accordingly.

All went well enough till the panic of 1893 -camg on, when we were all in for -hard times. Barton "was known to -Kave much more capital than 1, but anost of those having 1 deposits with me felt friendly to me or to my wife or both of us, and I was able to keep a pretty steady rein on them. A few drew -their accounts and placed them with Barton. This would have been all the detriment to me that would have occurred during the panic had not Barton, through others in his Interest, circulated reports that I would not pull through. One morning when I went to business I found a crowd waiting for the of my doors "and'knew that the-blow had fallen.

I was in for a Tun. Calling the employees together, I gave them instructions in practicing -the usual delays resorted to by bankers while standing a run. Then at the opening hour the paying teller's was thrown up--there was no likelihood of the receiving tellers having anything to do--and the struggle commenced. I had goWn jpme gold the night before by express after banking hours had kept it at home. I thought it might- be- advisable to leave it there for awhile, for in case my bank should go by the board I would need something to put me on my feet again.

When went home at noon to dinner I tolt Lizzie that in case I should send for "the money to bring it to me herself carrying it in such a way that the -waiting crowd of depositors would presume that she was bringing me gold. Two days after this, when most of ready cash had been paid out and It a'ppeared that we would have to go Tinder, I looked over a list of depositors still unpaid and decided to put in my reserve, hoping with it to weather the storm. So I sent a messenger to Mary to bring it to me. In due time, looking out the window of my private office, I saw her alight from a cab with the messenger, who came in and said he wished a man to assist in removing treasure. The two went back to the carriage and brought In a sack that it required both of them to carry.

I was astounded, for thr -amount I had at home could easily have been carried by Lizzie. The -crowd, seeing the load going into the bank, set up a cheer, and some of them left the line and went away. The sack was brought into my office. I opened it and found my gold on top of several hundred pounds of nut coal I threw my arms about Lizzie's neck, praising her inventive genius, then ordered the gold--not the coal--dumped in a heap on the paying teller's desk. Those nearest the window set up another shout, and the paying teller, by my order, began paying out the gold -with considerable alacrity.

More of those in line went away without wait- Ing 'to be paid, and I was pleased to they were those to whom I owed the largest balances. Before the closing hour the line had dwindled to a few persons having merely household accounts. The backbone of the run had been broken. But Barton in undermining me had destroyed confidence even in himself. and, while I was feeling the tail end of a run, he was in the hottest part of one.

Lizzie, who had gone home, returned, passing Barton, and, seeing tbo crowd, conceived the idea of extending to him the succor she had given me. Continuing on to the bank, sho confided her plans to me, and, placing $1,000 in gold on top of the coal. I sent two of our messengers with it to Barton. They were recognized by the crowd in line as our messengers, and the depositors, presuming they camp with a loan, went wild with delight I sent a note by the messengers to Barton suggesting that he pay out the gold as I had done. I was greatly relieved to see the throng before Barton's gradually dwindle, and when both banks opened the next morning there were no depositors waiting before either.

1, or rather Lizzie, was wiser than Barton, who in destroying confidence in me had undermined himself. By helping him we re-established confl- dencf and trniued the name of having pulled him through. At any rate, from that time forward my bank, being supposed to be the stronger, did the bulk of the business. I take no credit whatever in the matter, that all being due to my wife. Had it not been for her happy thought- and her putting it Into practice I am quite confident that Barton nnd 1 would hnve gone down together A New Columbia at a New Price "The A Xmas gift for all the family.

For-all the year round and only $20.00 At DuliY Pharmacy P. A. BELLAS, Agent. Plays any Disc Record Come hear its wonderful tone qualities Instrumental and Vocal. Bedford, Pa.

Christmas Gifts, Come in and see our line of Holiday Goods. We have purchased only those things which combine Quality, Style and Beauty. We would like yon to see our line whether you wish to purchase or not. This list will help many a person decide the Christmas problem? Set Kings Band Rings Signet Rings Bracelets Scarf Pins Bar Pins Cuff Buttons Brooches Lockets Pendants Fobs Chains Crowns Beauty Pins 'Silver Novelties Toilet Sets Sets Military Set Writing Sets Shaving Sets- Mesh Bags 184:7 Roger Bros. Silver PJate that wears WATCHES 'Elgin, Waltham, Hamilton, South Bend, BSunpden, Standard JAMES E.

CLEAVER and Optician Bedford, Pa. POS TER'S Lowney's Headquarters for Fine Candy in Bedford. have the most complete and up-to-date line of Lowney Chocolates Bulk and in Fancy Packages ever exhibited Bedford. Prices range from 25c to $5.00 per Package. Just received fresh from the factory.

Come in and see the line and selecft your package for Christmas. We also have the greatest line of Pail Goods ever received in Bedford. Strictly Pure Candies at 10c to 30c per Ib. We are also headquarters for Fancy Fruits and Veeta- bles, and Dtaple and Fancy Groceries. Shop early for the best selections.

Prompt Service and One Price to All. Yours truly, H. T. FOSTER P. S.

Special Prices for School Teachers. HOLIDAY GIFTS Next week is your last opportunity to buy Gifts for Christmas as the selection is fast diminishing. We have a good line of Dress Goods, Handkerchiefs, Neckwear, Gloves Fanrv Aprons, Underwear, Dresser Scarfs, Infant's Wear, Leather Goods, Mesh Bags and Novelties. Come now. Defiance December 10--Your scribe is requested to announce that The Totten Company, Magicians and Illusionists, will entertain in K.

G. E. Hall at Riddlesburg on the 14th of December under the auspices of the Broad "Top Educational Association. This promises to be one of the best entertainments of its kind on the road, the road. The fourth regular session of Broad Top Educational Association was held in the Defiance school building last Saturday.

The attendance and the interest were good. Te special features of the meeting were a violin by S. T. McCabe and his sister, Ora M. McCabe, R.

B. Akers' report of his visit to the schools of Altoona, "Current Events of Broad Top Educational Association," and an address by William Lauder of Riddlesburg, a member of the State Board of Education. J. L. Maurer, assistant teacher in the high school, read an excellent paper on "Correlation of Reading with'Other Studies." We were glad to have with us Thomas Mosby of Langdondale, president of the Broad Top Township School Board.

Charles Motras of EHerslie, Md stayed over night with his sisters Lizzie and Mary Mobus, last Saturday. John Mohr returned to his home at Roaring Spring on Tuesday of this week, after a stay of several days with his H. H. Brumbaugh, of Defiance. J.

H. Little, our obliging postmaster, was a caller at Bedford on Monday of this week. William- Black of South Main Street, Defiance, is wearing a broad smila-all because of a John Wood- stopping at his house. Brumbaugh was a business 'visitor to Everett on Tuesday of this week. H.

C. McElwee spent several days of last week witt. relatives at Altoona and Roaring Spring. Mrs. Samuel Stuart has returned to Johnstown after a visit of several months with her brother, Michael Collins.

We are glad to announce that our neighbor, McClellan Thomas, who lately had a leg broken and was otherwise pretty badly hurt in the mine, is improving. BAKING POWD ABs Remember the McCreary Studio for your Xmas photos. Adv. clirfStmas petticoats Splendid collection fine Messa- laline Silk Petticoats--variously made; tuckt and flounced--any possible shade a woman would want changeable effects and Black--exceptional value, $2 50- Women's Silk Petticoats, $1.50 to $15.00. plumes A superb gift for any woman-reflects a delicate compliment to a woman's excusable vanity.

A beautiful Plume boxt ready for the giving. Long, rich Cavalier Plumes-staple shades colors and delicate hues for evening wear-novelty variegated effects. A rare offer indeed beauty and quality at an unusual price, $4.50. Prof. Prescott, of the University of Michigan, testified before the Pure Food Committee of Congress, that the acid of grapes held highest rank as an article of food and he regarded the results from baking with cream of tartar baking powder as fevorable to health.

Royal is the only Baking Powder made from Royal Crape Cream of Tartar. Centreville December 10--Our esquire was called to the Evitt's Creek Water Company's plant this afternoon to inquire into the matter of an explosion. One man, Michael Euris, 37 years old, was blown to atoms. He is survived by his wife and several small children, residents of Australia. Of the 1,600 pounds of explosives in the magazine there were 500 pounds of 50 per cent, dynamite; 900 pounds of 40 per cent, and 200 pounds of black powder, the whole valued at about $250.

John J. Wertz is seriously ill. His daughter, Mrs. Emma Cessna, of Detroit, is with him. Josiah Zembower is in a critical condition.

His daughter, Flo of Johnstown, is spending the week here. Pleas antville December 11--Miss Florence Weyant has returned home, after visiting her sister, Mrs. Clark Barefoot, in Duncansville. Harry McGregor and Jacob Peterson have returned home from spending some time woiking on the state road. Clyde Potts visited in Hyndman a day this week.

The pupils of Pleasantville High School will hold their Christmas entertainment in the Lutheran Church Saturday evening Everybody is invited to come christmas handkerchiefs Real American Hand made Lace ee a i B--exquisitely dainty squares of flnw Linen some with fine hand drawn designs hi corners. What could please a woman more 7 Plain effects as low as 25c. Finer ones, 60c to to (2.50. BOS8S BUHL, PITTSDURGH, PA. All orders for Coleman's must be in by the 32nd.

cakes Adv. RS. ELLA GILCHRIST I Sulphur Springs Reformed Charge Emmet M. Adair, Pastor Saturday, December 14--Mt. Zion Church: Divine worship 7:30 p.

m. Sunday, December 15, Sunday School 9:30 a. Divine worship 10:30 a. m. Grace Church, Mann's Choice: Sunday School Divine worship 7 p.

m. Ask Mrs. Fletcher about Coleman's kisses. Adv. Friend's Cove Lutheran Charge J.

J. Minemier, Pastor St. Mark's: Preparatory service Saturday, December 14, at 10 a. m. Sunday, December 15, "Sabbath School 9 a.

Communion service 10 a. m. Bald Hill: Preaching at 7:30 p. m. instead of 2:30 p.

m. Evangelistic services are still in progress. All are invited to these services. Waterside December 10--Mr and Mrs. George Guyer, of Roaring Spiing, were visitors at J.

Z. Guyer's last week. Word was received on Tuesday of the death of Miss Lydia Croyle, who was taken to the Roaring Spring Hospital with typhoid fever. Mrs. Dasher and two children, of Hopewell, are guests at the hospitable home of A.

S. Steele. A number of people from Waterside attended a lecture, delivered by Rev. Hart from Harrisburg on Odd Fellowship, in the Methodist Church at Woodbury Monday evening. Mrs.

Ed Guyer and two children, of Roaring Spring, spent part of last week at the home of J. Z. Guyer. P. K.

Brown, who was taken ill last weete. is convalescing. Mr. and Mrs. J.

W. Baker spent Saturday and Sunday visiting at the home of Daniel Baker of Fredericksburg. H. S. Coleman's cakes will be handled by Mrs.

W. S. Fletcher. Adv. Osterburg December 11--Miss Sahnda Moses spent Saturday Altoona.

The funeral sermon of Fred Daughcrty was preached in the Re- Church Tuesday morning by Rev. Zehring, interment in adjoin- ng cemetery Mrs Ella Ehredt and children vis- ted relatives Altoona Saturday. Mi. and Mrs Stansbury, of Everett, were guests at the Bazaar Hotel ast week Mrs Alexander Imlei of Cessna spent Sundaj with Mis S. K.

Moses. Russel Jones, station agent, who has been quite ill, is better at this writing. Mrs. Brumbaugh of Bedford recently visited her son, Dr. Brumbaugh Mis.

Odella Stambaugh is seriously ill oi pneumonia Miss Anna Moses, is in attendance i her illness Fied Stambaugh retuined home i Altoona Saturday. Wan en is taking charge of the station duiing the illness of Russel Jones Charles Bowser had sale of his personal property last Saturday. He expects to leave tor Florida the near future. Mr. and Mrs.

Henry Mechtley, of Alum Bank, were recent guests of Mrs. Mary Jones. R. Douglas of Pittsburgh and Kurtz of Huntingdon were here on business this week. Ralph Williams, in company with three friends, motored from Pittsburgh and enjoyed a few days' hunting here recentlj.

They were guests at the home of G. W. Williams. Mrs. Weiss and son, of Cumber- laud, are guests at the home ot David Reighard.

On Sunday Mr and Mrs. W. Shoemaker, of Bedford, visited Shoemaker's mother, Mrs. B. E.

Shoemaker, of this place. A union Christmas service will beheld in the M. E. Church. On Saturday Ralph Cessna received a fine beagle hound shipped to him by Paul MacElree of West Chester.

Mrs. H. C. Lessig, Mrs. Samuel Shaffer and the infant son of Tolbert Leasure are among the sick of our" town.

G. W. Williams is enjoying a visit with his son in Pittsburgh. Schellsburg December 12--Dr. E.

Smith has been on the sick list for the last week. Mrs. Morton HmcMnson and son, of Altoona, werfe." recent guests of Mrs. Richard Hutch-'nson. Miss Elizabeth Bingham of Iowa is visiting her grandmother, Mrs.

L. A. Ross Guy Colvm moved his family to Everett on Tuesday, where he is employed. Mrs Colvin's sister, Miss Sue Gollipher, accompanied them and will stay several days Miss Elizabeth Hemling of Altoona will give a recital in the Presbyterian Church Fuday evening. Admission 10 and 20c.

Silas Gollipher has so far killed the champion hog; it weighed 429 pounds Mrs M. C. Whitmore, daughter. Miss Florence and son William, will leave today for Florida, where they will spend the winter. The Reformed Sunday School will hold their Chiistmas services on Christmas December 24.

Woodbnry December 10--Frank F. Over of Altoona spent Saturday and Sunday with his parents, Mr. and and Mrs. John A Over. Mr.

and Mrs. Frank Bolger and little daughter Romaine spent several days last week with their daughter, Mrs Daniel Replogle of Altoona Miss Laura Replogle, who is employed in the May Bakery at Mar- tmsburg, visited her parents, Mr. and Mrs. George Z. Replogle, Saturday and Sunday.

Mr. and Mrs Herbert Speilmaa and Mrs Daniel Bassler spent Sunday with friends in Loysburg J. H. Keagy, railway mail clerk, visited his mother, Mrs. Annie Keagy.

several days last week. Rev B. H. Hart of Harrisburg delivered a very interesting lecture on Odd Fellowship in the M. E.

Church of this place Monday evening. I Rainshurg December 9--Miss Reta Cessna, after enjoying a three weeks' vacation with her parents and friends of this place, left on Sunday to resume her school at Tivoli, N. Y. Mr. and Mrs.

Harry Shaffer returned home on Saturday, after spending their honeymoon in New York, Philadelphia and Coatesville. Mrs. Shaffer will remain at the home of her uncle, James H. Gump, until spring. Mr.

Shaffer will leave on Thursday for Coatesville, where he las secured employment in the Reading Railroad yards. Misses Margaret Lessig and Nell Filler, teachers in- the Bedford schools, visited at their homes here from Friday until Sunday. Miss Pearl 'Cessna is visiting her sister, Mrs. J. M.

Perdew, of Cumberland, Md. New Paris December 11--Miss Helen Otto of Syracuse. N. was the guest of her aunt, Mrs. G.

W. Hoover, during the past week. Simon R. Blackburn, wife of Wmdber, spent a few days last week with Mr. Blackburn's parents.

Mr. and Mrs. Thomas K. Blackburn. Rev.

M. L. Wilt of East Freedom was ki our village Tuesday night. During his stay he purchased a driving horse of Harry Bisel. Eureka Grange, No.

607, of this place, is represented at State Grange, which convened at Clearfield on December 10, by T. B. Potts of Alum Bank. Rev. D.

R. Duke, who was lately appointed pastor on New Paris charge of the IT B. Church, has resigned the work on account of his health. On Wednesday he and his family returned to their former home at Woodland, Pa. Caj.

LWSPAPLRl.

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About Bedford Gazette Archive

Pages Available:
33,228
Years Available:
1847-2009