15334. Bank of America (New York, NY)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
January 1, 1813*
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
9a362748

Response Measures

None

Description

Multiple reprinted anecdotes describe an 1813 episode when New York banks (including the Bank of America) suspended specie payments. The piece recounts John Randolph demanding specie and the bank paying him the next day — indicating the suspension was part of a broader stoppage and that specie payments were later resumed. No contemporaneous depositor run on this specific bank is described in these excerpts.

Events (2)
1. January 1, 1813* Other
Newspaper Excerpt
before the hour arrived, every farthing demanded by Mr. Randolph was paid over in specie.
Source
newspapers
2. January 1, 1813* Suspension
Cause
Macro News
Cause Details
Collective suspension of specie payments by New York banks in 1813 (systemic/state-level suspension of specie redemption).
Newspaper Excerpt
in the year 1813, when the New York banks suspended specie payments, ... the funds were locked up in the vaults of the Bank of America.
Source
newspapers

Newspaper Articles (8)
1. June 17, 1837 The Columbia Democrat Bloomsburg, PA
Article from The Columbia Democrat, June 17, 1837

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Anecdote.-The late John Randolph, of Roanoke, in the year 1813, when the New York banks suspended specie payments, had a remittance of some thousand dollars made him from England. The sun covered the whole of one of his tobacco crops, and the funds were locked up in the vaults of the Bank of America. Mr. Randolph was at the time in the prime of life, in the full enjoyment of unequalled popularity. He repaired to New York, and demanded his funds in specie. It'cannot be had was the prompt reply. "It must be had," was the laconic response of Mr. Randolph. The bank was incorrigible till the succeeding day, when the columns of the New York Columbian announced by advertisement, that that afternoon at 2 o'clock, the Honorable John Randolph of Roanoke, would address the people on the subject of Banks, and the frauds they committed, from the steps of the Bank of America! It is scarcely necessary to say, that before the hour arrived, every farthing demanded by Mr. Randolph was paid over in specie. A few such determined spirits would be of great service to community at present.They would compel the Banks to resume specie payments-and they would put a stop the issuing of shin-plasters.

2. June 29, 1837 Virginia Free Press Charles Town, WV
Article from Virginia Free Press, June 29, 1837

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ANECDOTE. The late JOHN RANDOLPH, of Roan. oke, in the year 1813, when the New York banks suspended specie payments, had a remattance of some thousand dollars made him from England. The sum covered the whole of one of his tobacco crops, and the funds were locked up in the vaults of the Bank of America. Mr. Randolph was at the time in the prime of life. in the full enjoyment of unequailed popularity He repaired to New York, and demanded his funds in specie. It cannot be had, was the prompt reply. "It must be had," was the laconic response of Mr. Randolph. The Bank was incorrigible till the succeeding day, when the columns of the New York Columbian announced by advertisement, that that afternoon, at 2 o'clock, the Hon. JOHN RANDOLPH, of Roanoke, would address the people on the subject of Banks, and the frauds they committed, from the steps of the Bank of America! It is scarcely necessary to say, that before the hour arrived, every farthing demanded by Mr. Randolph was paid over in specie.

3. July 5, 1837 Martinsburg Gazette Martinsburg, WV
Article from Martinsburg Gazette, July 5, 1837

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Article Text

ANECDOTE.-The late JOHN RAN. DOLH, of Roanake, in the year 1813, when the New York banks suspended specie payments, had a remittance of some thousand dollars made him from England. The sum covered the whole of one of histobacco crops, and the funds werelocked up in the vnults of the Bank of America. Mr. Randolph was at the time in the prime of life, and in the full enjoyment of unequalled popu. larity. He repaired to New York, and demanded his funds in specie. "It cannot be had," was the prompt reply. 'It must be had," was the laconic response of Mr. Randolph. The Bank was in. corrigible till the succeding day, when the columns of the New York Columbian announced by advertisment, that John Randolph, of Roanoke, would ad. dress the people on the subject of Banks, and the frauds they had committed, from the steps of the Bank of America ! It is scarcely necessary to say, that before the hour arrived, every farthing demanded by Mr. Randolph was paid over in specie.

4. July 5, 1837 Cheraw Gazette Cheraw, SC
Article from Cheraw Gazette, July 5, 1837

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offer that the proprietors of the invention very liberal terms to such as are disposed to contribute to the means of carrying it into effect."-Balt. Amer. Extraordinary peculiarities of great Com. posers.-Haydn was one of the most quiet composers, and never required stimulants to his imagination like many others of the profession, but he had a spiritus familiaris of another kind. This consisted of a diamond ring, which had been presented to him by Frederick the Great. When he was inclined to compose, if his ideas were not proportionate to his wishes, the ring was only accured by him-he has forgot to put it on his finger. From the moment this magic ring had re-taken its accustomed place, and they eye of the composer could meet the dazzling brilliancy of the precious gems, his soul was animated with the most wonderful inspirations.-Gluck, to animate his creative faculties, retired to a verdant lawn, whither he had his Piano Forte brought to him; at his side was placed a bottle of champaigne, and it was thus, ani. mated by the warmth of the sun, and that he his operas.-Sarti a of adopted wine, system composed completely opposite he used to lock himself up in a large and ob. scurechamber, illuminated alone by a small lamp, and which resembled in a considera. ble degree a sepulchral vault; there, during midnight, amid profound silence, he composed his justly celebrated airs, full of live. liness and fraicheur.-Zangarelli formed a plan still more singular to inspire himself. He never failed, before beginning to compose, to read one of the chapters of the Apostles.-Salieri deserted his study and his books, and sought inspiration amidst the multitude. He perambulated the pub. lic thoroughfares of every description, took an ice, and returned to his rooms to note down his ideas. Paer wrote his Surginias, and his Achilles in quiet chit with his friends, amidst scolding his servants, or even in quarrelling with his wife and family.--Ldstly, it was snugly in bed that Pasiello composed his Nina, his Molinara, and his Barbiere di Siviglia. Anecdote-The late John Randoiph, of Roanoke, in the year 1813, when the New. York banks suspended specie payments, had a remittance of some thousand dollars made him from England. The sum cover. ed the whole of one of his tobacco crops, and the funds were locked up in the vaults of the Bank of America. Mr. Randolph was at the time in the prime of life, in the full enjoyment of unequalied popularity. He repaired to New- York and demanded his funds in specie. It cannot be had was the prompt reply. " It must he had," was laconic bank was the The response incorrigible of of Mr. till the the New-York Randolph. succeed. ing day, when the columns Columbian announced by advertisement, that afternoon at 2 o'clock, the Honorable John Randolph of Roanoke, would address the people on the subject of the Banks. and the frauds they committed, from the steps of the Bank of America It is scarcely neces. sary to say, that before the hour arrived, every farthing demanded by Mr. Randolph was paid over in specie. [Petersburg Intelligencer.

5. July 13, 1837 Staunton Spectator, and General Advertiser Staunton, VA
Article from Staunton Spectator, and General Advertiser, July 13, 1837

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The late John Randolph of Roanoke, in the year 1813, when the New York banks suspended specie payment, had a remittance of some thousand dollars made him from England. The sum covered the whole of one of his tobacco crops, and the funds were locked up in the vaults of the Bank of A. merica. Mr. Randolph was at the time in the prime of life, in the full enjoyment of unequalled popularity. He repaired to New York and demanded his funds in specie. cannot-be had, was the prompt reply. 'It must be had,' was the laconic response of Mr. Randolph. The bank was incorrigible till the succeeding day, when the columns of the New York Columbian announced by advertisement, that that afternoon at two o'clock, the Hon. John Randolph, would address the people on the subject of Banks and the frauds they committed, from the steps of the Bank of America ! It is scarcely necessary to say, that before the hour arrived every farthing demanded by Mr. Randolph, was paid over in specie.

6. July 21, 1837 The Charlotte Journal Charlotte, NC
Article from The Charlotte Journal, July 21, 1837

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Article Text

Anecdote. The late John Randolph, of Roanoke, in the year 1813, when the New York banks suspended specie payments, had a remittance made him of some thousand dollars made him from England. The sum covered the whole of one of his tobacco crops, and the funds were locked up in the vaults of the bank of America. Mr. Ran. dolph was at the time in the prime of life, in the full enjoyment of unequalled popularitv. He repaired to New York and demanded his funds in specie. "It cannot be had," was the prompt reply. "It must be had," was the lacouic response of Mr. Randolph. The Bank was incorrigible till the succeeding day, when the columns of the New York Columbian announced by advertisement, that afternoon at 2 o'clock the Honorable John Randolph of Roanoke, would addrees the people on the subject of the Banks, and the frauds they committed, from the steps of the Bank of America ! It is scarcely necessary to say that before the hour arrived, every farthing demanded by Mr. Randolph was paid over in specie. -Petersburg Intel.

7. July 25, 1837 Southern Telegraph Rodney, MS
Article from Southern Telegraph, July 25, 1837

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ANEGDOTE.--The late John Randulph Roanoke, in the year 1813, when the York Banks suspended specie pay had a remittance of some thousand made him from England. The red the whole of one of his tobac and the funds were locked up in th of the B ink of America! Mr. R was at the time in the priine of life in full enjoy ment of unequalled popul He repared to New York, and dema his funds in specie. 'It cannot be had the prompt reply, 'It must be had, the laconic response. of Mr. Randolpla The Bank was incorrigible till the succeed ing day, when the C lumns of the New York Columbian announced by advertise ment, that that afternoon at 2 o'clock, the Hon. John Randolph of Roanoke, would address the people on the subject of Binks and the frauds they committed, from the steps of the Bank of America ! It is hardly necessary to say, that before the hour an rived, every farthing demanded by M Randolph was paid over in specie. / Peter burg Int.

8. August 26, 1837 The Columbia Democrat Bloomsburg, PA
Article from The Columbia Democrat, August 26, 1837

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JOHN RANDOLPH. The late John Randolph, of Roanoke, in the year 1813, when the -New York banks suspended specie payments, had a remittance of some thousand dollars made him from England. The sum covered the whole of one of his tobacco crops, and the funds were locked up in the vaults of the bank of America. Mr. Randolph was at the time in the prime of life, in the full enjoyment of unequalled popularity. He repaired to New York, and demanded his funds in specie. It cannot be had was the "It must be had" was the prompt reply. laconic response of Mr. Randolph. The The bank was incorrigible till the succeeding day, when the columns of the New York Columbian announced by advertisement, that that afternoon at 2 o'clock the Hon. John Randolph of Roanoke, would address the people on the subject of banks and the frauds they had committed, from the steps of the bank of America! It is scarcely necessary to say that before the hour arrived every farthing demanded by Mr. Randolph was paid over in specie.Pittsburg Intel.