Failure of a Bank
The Bant of New- Bumswick, New Jersey, stopped payment on September ' 6, at 12.45,' and the cashier committed suicide the same day. The president, Mr Ilewoyn, fallowed his example on the Blh. The daughter of the latter, when J she heard of her father's death, ;. attempted to drown • herself in a well. The Bank did nearly ail 'the financial busines of the city, and its failure has Worked incalculable mischief to its customers, ilt perished through the manipulations' of -a ring of political and financial tricksters. One curious feature of the affair was that the mob blockading tlie ; door of the defunct institution caught a New York Times' reporter, and wanted to lynch him, asserting that all the trouble arose from his paper calling attention to the rottenness of the bank. 1 He had difficulty ia saving his life.
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Bibliographic details
Feilding Star, Volume VI, Issue 57, 23 October 1884, Page 3
Word Count
143Failure of a Bank Feilding Star, Volume VI, Issue 57, 23 October 1884, Page 3
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