People's Pilot, Volume 4, Number 38, Rensselaer, Jasper County, 9 March 1895 — Big Failure in Germany. [ARTICLE]

Big Failure in Germany.

Berlin, March 7.—The greatest excitenent has been caused in Parchim by the ailure of the Mecklenburg Credit bank t that place. Hundreds of depositors ave been ruined, _ and the People’s Sav:igs bank, a small concern, and two arge commercial houses have failed • n consequence of the collapse of the Jredit bank.