Powers paid the "_Pauls_," of Boston, out of the bag
brought on by Miller containing the deposits of the "_Peters_," of
Brooklyn. Meantime, Ammon addressed the throng, incidentally
blackguarding a _Post_ reporter before the crowd, telling them that his
paper was a "yellow paper, had never amounted to anything, and never
would." Some timid souls took courage and redeposited their money. The
run continued one day and cost Ammon and Miller about twenty-eight
thousand dollars. Ammon took five thousand dollars cash as a fee out of
the bag, and the pair returned to New York. But confidence had been
temporarily restored.
The beginning of the end, however, was now in sight--at least for the
keen vision of Bob Ammon. He advised stimulating deposits and laying
hands on all the money possible before the crash came. Accordingly
Miller sent a telegram (collect) to all depositors:
We have inside information of a big transaction, to begin Saturday
or Monday morning. Big profits. Remit at once so as to receive the
profits.
WILLIAM F. MILLER,
Franklin Syndicate.
A thousand or so were returned, the depositors having refused to pay the
charges.
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