Multiple contemporaneous newspapers (Jan 1861) report several depositors withdrawing gold from the Bank of Brattleboro because of alarm over war rumors; they counted the gold and re-deposited it in their stockings (i.e., removed funds from the bank). No suspension, closure, or reopening is mentioned. Cause is fear of war (macro_news). OCR minor errors corrected (e.g., 'stockins' -> 'stockings').
Events (1)
1.January 17, 1861Run
Cause
Macro News
Cause Details
Fear and rumors of impending war (American Civil War) prompted several depositors to withdraw gold and hide it in stockings.
Newspaper Excerpt
A few days since their wives ... went to the Savings Institution and drew out their deposits by getting checks on the Bank of Brattleboro. On these checks they demanded and received the gold which they deliberately counted, found all right, and re-deposited - not in Bank - but in - their old stockings! 'An sure there'll be war-r,' was the reason assigned for this summary 'removal of the deposits.'
Source
newspapers
Newspaper Articles (3)
1.January 17, 1861Vermont PhœnixBrattleboro, Bellows Falls, Ludlow, VT
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Article Text
"ALL ON ACCOUNT OF THE WAR."-Three - or four Irishmen in this village have become greatly alarmed on account of war and rumors of war. A few days since their wives (the women are the financial members of Irish partnerships) went to the Savings Institution and drew out their deposits by getting checks on the Bank of Brattleboro. On these checks they demanded and received the gold which they deliberately counted, found all right, and re-deposited-not in Bank-but in-their old stockings! "An sure there'll be war-r," was the reason assigned for this summary "removal of the deposits."
2.January 25, 1861Vermont Watchman and State JournalMontpelier, VT
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Article Text
ALL ON ACCOUNT OF THE WAR."- Three or four Irishmen in this village have become greatly alarmed on account of war and rumors of war. A few days since their wives (the woman are the financial members of Irish partnerships) went to the Savings Institution and drew out their deposits by getting checks on the Bank of Brattleboro. On these checks they demanded and received the gold which they deliberately counted, found all right, and re-deposited-not in Bank- - but in-their old stockins "An sure there'll be war-r," was the reason assigned for this summary "removal of the deposits - -Phenix
" ALL ON ACCOUNT OF THE WAR," - -Three or four Irishmen in this village have become greaty alarmed on account of war and rumors of war. A few days since their wives (the women re the financial members of Irish partnerships) went to the Savings Institution and drew out deposite by getting checks on the Bank of Brattleboro On these checks they demanded and received the gold which they deliberately counted found all right, and re-debosited- - not n the Bank-hut in--their old stockings An sure there'll be war-r, was the reason resigned for this summary removal of the deposits. - -Pheomur.
