Business: Bank Run

In Fort Worth, Tex., last fortnight a run began on the First National Bank, with deposits of $24,000,000. Calmly, bank officials ordered an orchestra to play in the lobby, had sandwiches served. Armored cars from the Dallas Federal Reserve bank delivered $5,000,000 in currency. W. T. Waggoner, oldtime Texas cowman and oil millionaire, told the crowd his millions were behind the bank; the governor of the Federal Reserve Bank of Dallas arrived, announced all the resources of the Federal Reserve were behind the bank. Postal savings officials, to whom panicky depositors had brought withdrawn...

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