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POOR Yaro! Had he lived until 1826 the chances are that he would even have lost his bank stock, for it was during that year that the climax of the bank's history was reached, and it closed its doors, though its affairs were not wound up for some years. Jackson, in his Chronicles of Georgetown, says: "When the bank failed, in 1826, it created considerable excitement in the community. Those who held the notes of the bank found them worthless in their hands. Those who owned stock in the bank and lived upon their dividends found their income gone. Those who had money deposited there discovered that it was lost. It is said that the United States had on deposit with the bank four hundred and sixty-nine thousand dollars, which was swallowed up in the general wreck of the institution. The chronicler remembers seeing, in a newspaper, the picture of a white cow representing the bank, with an official holding her by the tail, another holding her by the horns, the board of directors running off with the pail of milk, while the runner of the bank was feeding her with brick bats and crying out that she would not eat." After the bank failed, the building was rented for various purposes, and during William Henry Harrison's brief term in the White House, he was tendered a reception in the old bank building by the citizens. George Poe later bought the property and converted the building into a private residence, which he occupied with his family for many years. It is related that the sale of the copper roof which covered the building netted the owner nearly the entire cost of the building. Apparently President Washington was interested in both the Bank of Alexandria and the Bank of Columbia, for in his letters we find a number of references to these institutions and it is quite evident that he was a stockholder in both. One of his letters to his secretary, Tobias Lear, in part reads: "I pray you to continue your purchase of Shares in either of the Banks of Alexandria or Columbia or both (as you shall deem best) so far as the appropriated sums in your hands, belonging to me (to which add the three thousand dollars which you received from Doctr. Stuart on my account) will go. In doing this let the call for ten dollars on each share purchased in the Bank of Columbia, be included-because until I receive payment for some land which I have sold, or the cash for my flour, &ca., which is not yet due I shall not have it in my power to apply a further sum to this use." THE first bank located east of Rock Creek, in the old City of Washington proper was a branch of the Bank of the United States, at Philadelphia, chartered as before stated, in 1791. Soon after the Government moved here in 1800, the Secretary of the Treasury requested that a branch of that institution be placed at the Federal Capital for the convenience of the Government, and the request was complied with, with the result that by the end of September, 1801, arrangements were well under way to this end, and James Davidson, of Philadelphia, was appointed cashier. A lot was purchased at the northeast corner of Thirteenth and F streets northwest, and by the end of November a two-story building, 25 by 41 feet, was erected, and adjoining it on the east was built a house for the cashier, three stories high and 24 by 36 feet. In accordance with its charter the Bank of the United States went out of existence in 1811. In 1816, its proponents succeeded in reviving it, and, chartered for another 20 years, from April 10, it went forward strongly until Prestdent Andrew Jackson, from 1828, onward, resolved to sweep it away, and when he succeeded in doing so "stopped the, balance wheel which regulated the finances of the country." On March 3, 1836, its federal charter expired, and