DATE: August 13, 1834

TOWN: Boston

SOURCE: Columbian Centinel


Scarcity of Gold Coin
Gold Coin

We sent this morning at half past 10 o'clock to the Manhattan Bank for Gold Coin to pay off our hands; but received for answer, that although at the opening of the Bank at 10 o'clock they had $14,000 in eagles, it had all been drawn out before our clerk presented himself. We then sent to the Bank of America and were there informed that they had paid away all but one Eagle. The Mechanics' Bank, the only remaining Pet, was then applied to, and there again we were assured that they could not accommodate us, so that as usual we are compelled to pay our hands in paper money. -- N.Y. Enq. Aug.9