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1907 Tiflis bank robbery

1907 Tiflis bank robbery
A picture of a city square with people walking about and people riding in carriages.
Yerevan Square, scene of the robbery, taken in the 1870s
Time 10:30 am estimated
Date 26 June 1907 (1907-06-26)
Location Yerevan Square, Tiflis, Russian Empire
Coordinates 41°41′36″N 44°48′05″E / 41.6934°N 44.8015°E / 41.6934; 44.8015Coordinates: 41°41′36″N 44°48′05″E / 41.6934°N 44.8015°E / 41.6934; 44.8015
Also known as Yerevan Square expropriation
Organised by
Participants
  • Kamo
  • Bachua Kupriashvili
  • Datiko Chibriashvili
  • other gang members of "the Outfit"
  • possibly Joseph Stalin
Outcome 341,000 rubles (equivalent to US$3.78 million in 2016) stolen
Deaths 40
Non-fatal injuries 50
Convictions Conviction against Kamo in two separate trials

The 1907 Tiflis bank robbery, also known as the Yerevan Square expropriation, was an armed robbery on 26 June 1907 in the city of Tiflis (now Georgia's capital, Tbilisi). A bank cash shipment was stolen by Bolsheviks to fund their revolutionary activities. The robbers attacked a bank stagecoach and surrounding police and military using bombs and guns while the stagecoach was transporting money through Yerevan Square (now Freedom Square) between the post office and the Tiflis branch of the State Bank of the Russian Empire. The attack killed forty people and injured fifty others, according to official archive documents. The robbers escaped with 341,000 rubles (equivalent to around US 3.4 million in 2008).

The robbery was organized by a number of top-level Bolsheviks, including Vladimir Lenin, Joseph Stalin, Maxim Litvinov, Leonid Krasin, and Alexander Bogdanov, and executed by a gang of revolutionaries led by Stalin's early associate Ter-Petrosian (Kamo). Because such activities were explicitly prohibited by the 5th Congress of the Russian Social Democratic Labour Party (RSDLP), the robbery and the killings caused outrage within the party against the Bolsheviks (a faction within the RSDLP). As a result, Lenin and Stalin tried to distance themselves from the robbery. The events surrounding the incident and similar robberies split the Bolshevik leadership, with Lenin against Bogdanov and Krasin. Despite the success of the robbery and the large sum involved, the Bolsheviks could not use most of the large bank notes obtained from the robbery because their serial numbers were known to the police. Lenin conceived of a plan to have various individuals cash the large bank notes at once at various locations throughout Europe in January 1908, but this strategy failed, resulting in a number of arrests, worldwide publicity, and negative reaction from European social democrats.


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