Word: depositors
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...glorious close, thanks to the nation's numismatists. When Tenino's one & only bank failed last year, Publisher Donald M. Major and a group of public-spirited men thought up a plan to keep some kind of currency circulating in the town. They issued to each depositor plywood certificates valued at 75% of his bank deposit. Gradually the bank's affairs were settled. Last week Tenino bought in its wooden money with U. S. money, found that it had $3,500 left over...
...Bank, only bank left in Boise. Panicky crowds swarmed into the lobby, impatient queues stretched out into the street and halfway around the block in both directions. At noon President John Lynn Driscoll strung a huge sign across the front of his First Security, promising to pay each & every depositor in full, inviting all to come and get their money. The run stopped as suddenly as it had begun. Next day Idaho's Senator Borah assured Boise that the R. F. C. would aid in reopening the two closed banks. Boise again was quiet...
...exonerated but not until after the big scene, a scene which is pertinent, exciting and brilliantly directed by Frank Capra. A bank telephone operator tells another operator about the robbery. A third operator tells someone else. Presently shop-keepers are whispering the details to their customers. One depositor warns another: the amount of the peculations jumps from $100,000 to $500,000, then to $5,000,000. An angry, despairing mob storms the doors of the First National Bank. The assistant cashier performs the alert trick that saves the bank, places the blame for the robbery where it belongs...
...Jacksonville, N. C., a depositor lugged 120 Ib. of cash to the Bank of Onslow. Cashier James Collins spent two days counting $800 in coins smaller than 25¢ pieces...
...crowds of clients, one speech in the savings department, another in the checking department. He explained that his bank had passed through the Chicago Fire (1871) and weathered it; had gone through other Depressions and weathered them; would pass through this Depression. Money was on hand for each & every depositor who wanted his share. The crowds dispersed...