Thank you for visiting SNEWPapers!
Sign up free
The Middlebury People's Press
Middlebury, Addison County, Vermont
What is this article about?
The Girard Bank in Philadelphia closed, causing great excitement as it was the city's largest bank. A rumor led to a mob assembling, dispersed by the mayor. The city faces a currency shortage, with the Bank of Pennsylvania closed by injunction and other banks struggling.
Clipping
OCR Quality
Full Text
The next day in consequence of a rumor that the directors were carrying the property out of the back door, a mob assembled in the alley in the rear. The mayor was present and prevented it by his mild interference.
Philadelphia is now almost without a currency. The Bank of Pennsylvania has been closed by an injunction, and all the other banks are hard run. The brokers, and all men of business stand aghast.
What sub-type of article is it?
What keywords are associated?
Where did it happen?
Domestic News Details
Primary Location
Philadelphia
Outcome
bank closed; mob assembled but prevented by mayor; city almost without currency; bank of pennsylvania closed by injunction; other banks hard run.
Event Details
Girard Bank closed its doors, causing great excitement as it was the largest in the city and one of the greatest in the Union. Next day, rumor of directors removing property led to mob in rear alley, prevented by mayor's interference. Broader impact: Philadelphia short on currency, other banks struggling.