185 years ago today - 1837 January [10]

Grandison Newell, according to one of his employees, began to "drive about the country and buy up all the Mormon money possible, and the next morning go to the bank and obtain the specie," creating a run on the bank which cultimated in the institution's collapse.

[Kenney, Scott, Saints Without Halos, "Mormon History 1830-1844," http://web.archive.org/web/20120805163534/saintswithouthalos.com/dirs/d_c.phtml]

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