Like all American architects, Adler and Sullivan suffered a precipitous decline in their practice with the onset of the Panic of 1893. According to Charles Bebb, who was working in the office at that time, Adler borrowed money to try to keep employees on the payroll.Jeffrey Karl Ochsner and Dennis Alan Andersen, Distant Corner: Seattle Architects and the Legacy of H.H. Richardson (Seattle and London: University of Washington Press, 2003), 287-288. By 1894, however, in the face of continuing financial distress with no relief in sight, Adler and Sullivan dissolved their partnership. The Guaranty Building was considered the last major project of the firm.
Like all American architects Adler and Sullivan suffered a precipitous decline in their practice with the onset of the Panic of 1893 According to Charles Bebb who was working in the office at that time Adler borrowed money to try to keep employees on the payrollJeffrey Karl Ochsner and Dennis Alan Andersen Distant Corner Seattle Architects and the Legacy of HH Richardson (Seattle and London University of Washington Press 2003) 287-288 By 1894 however in the face of continuing financial distress with no relief in sight Adler and Sullivan dissolved their partnership The Guaranty Building was considered the last major project of the firm