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economy1907

1907 Tiflis bank robbery — Robbery of bank stagecoach by Bolsheviks in 1907

June 26, 1907

A Bolshevik-organized armed robbery netted 241,000 rubles to fund revolution, exposing internal party conflict and leading to international arrests.

Quick Facts

Year
1907
Category
economy

Key Facts

Amount stolen
241,000 rubles
Deaths
40 people
Injured
50 people
Date of robbery
26 June 1907
Lead perpetrator
Simon Ter-Petrosian (Kamo)
Location
Erivansky Square (now Freedom Square), Tiflis

By the Numbers

241,000
Amount stolen
40people
Deaths
50people
Injured
26
Date of robbery

Location

Map of Tiflis, GeorgiaMap of Tiflis, GeorgiaTiflis, Georgia

Cause → Event → Consequence

Cause

The Bolsheviks, a faction of the Russian Social Democratic Labour Party, needed funds to finance their revolutionary activities. Top party figures including Lenin, Stalin, Litvinov, Krasin, and Bogdanov organized the operation, despite the 5th Congress of the RSDLP having explicitly banned such expropriations only weeks before the attack.

Event

On 26 June 1907, a Bolshevik group led by Simon Ter-Petrosian (Kamo) attacked a bank stagecoach transporting money through Erivansky Square in Tiflis using bombs and guns. The assault killed forty people, injured fifty, and allowed the robbers to escape with 241,000 rubles intended for the Tiflis branch of the State Bank of the Russian Empire.

Consequence

The robbery caused outrage within the RSDLP, prompting Lenin and Stalin to distance themselves from it. Police records of the stolen banknotes' serial numbers prevented the Bolsheviks from spending most of the funds; a coordinated attempt to cash the notes across Europe in 1908 resulted in arrests and international scandal. Kamo was captured in Germany but avoided trial by feigning insanity, and was eventually released after the 1917 Russian Revolution.

Economic Impact

241,000rubles
Amount stolen

The stolen rubles could not be circulated freely because police held records of the serial numbers; a failed attempt to cash the banknotes across Europe in January 1908 caused widespread arrests and discredited Bolshevik financing operations internationally.

other

Timeline Context

Timeline around 19071907190419051906190819091910World Chess Championship 1907 — chess match between Emanuel Lasker and Frank Marshall1907 Italian Football Championship — sports seasonPanic of 1907 — three-week financial crisis in the United StatesEarly 20th century alliance between France, Russia and the United Kingdom1907 battle between Armenian guerrillas and Ottoman EmpireAnglo-Russian Entente — treaty between the British and Russian Empires, signed on 1907 in St. Petersburg, ending their rivalry in Central Asia to unite against Germany, in which southern Persia, Tibet, and Afghanistan were acknowledged as British sphere of influenceRiots against Americans of Asian descent in Bellingham1907-tiflis-bank-robbery-robbery-of-bank-stagecoach-by-bol-1907