Girowesen im griechischen Ägypten, enthaltend Korngiro, Geldgiro, Girobanknotariat mit Einschluss des Archivwesens

Inkassotarif für Asien, Afrika und Australien

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Monograph

Identifikator:: 893136298

URN:: urn:nbn:de:zbw-retromon-77125

Document type:: Monograph

Author:: Preisigke, Friedrich http://d-nb.info/gnd/116281871

Title:: Girowesen im griechischen Ägypten, enthaltend Korngiro, Geldgiro, Girobanknotariat mit Einschluss des Archivwesens

Place of publication:: Strassburg im Elsass

Publisher:: Verlag von Schlesier & Schweikhardt

Year of publication:: 1910

Scope:: 1 Online-Ressource (XVI, 575 Seiten)

Collection:: Economics Books

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THE COLLAPSE OF THE BANK 37 him in ignorance of what was going on. He found that confidential correspondence was carried on in a cipher to which he was not given a key. When he inquired about this he was made to understand that it was some one else’s business. Sperry, however, who was one of the “reform” leaders, stated to the Bruce Committee that the cipher was used to prevent hostile newspapers from getting news of the condition of the bank; that telegraph operators would give information to reporters if telegrams were not in cipher code.? THE COMPTROLLER’S REPORT Without full knowledge of the real situation Douglass had continued to be somewhat hopeful until the publication of the full report of the Comptroller of the Currency. This report was based on the investigation made by a national bank examiner® and it showed that the Freed- men’s Bank faced a large deficit, that it was loaded with poor securities, and that its business was practically at a standstill. Douglass was now convinced that the institution was beyond re- demption. He had already discovered that it needed money badly.” One day Stickney, and Alvord the ex-president, who, it seems, hovered near to help run things, told Douglass that in order to prevent the bank from closing at once * Bruce Report, pp. 237, 244, and Appendix, pp. 47-49. 9 See p. 151, ? A report made on October 9, 1875, by the officer in charge of the accounts of the defunct Freedmen’s Bureau indicates that the authorities of the Bureau had at times made loans of their funds to the bank. This action he thought was illegal and had resulted in the large deficits shown in the accounts of the Bureau, When the Bureau was a the bank missed the use of these large sums.—Ho. Ex. Doc. No. 144, 44 Cong., 1 Sess. *

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