New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-02-03

Arm was being made for gold by the peasantry
~ The surrounding counties and crowds Of clamor-
sus ffeze-eoats might be seen pushing and ngnting
At the doors OF all the banks in L.. The -
bank however (which has since proved itself TO be
as solvent as any establishment in reland) enjoyed
at thai time the least confidence and was, OF course
the more set upon. | had few Of their one pound
nu1es and though believed they were very good, II
people would only have faith In them, still, as
feared the panic itself might bring abont the catas
trophe 1t unprecedented and i was sauce qtti peut
eyervwhere thought il wonld only be prudent in
me % save myself; so amounted my nag and trotted
with my bundle uf notes into d..
On arrivi x at the bank door, the Babel Of mixed
Irish and English was terrific Men and men, and
men ana women rugged aud struggled together for
precedence, and ! could hear their ordinations,
AThere you have torn the coat off my back making
q much fuss about your dirty thirtyshillng note as
4 It were a packload OF tenpounders you had"
nOh. me oh mel shTieked woman in certain
eandition who affected faint in the vain hope that
they woudiet her nearer the door, AS you are sat
Efied now that you have murdered the unborn babe,
and its poor mother just let pass for the love
Of st. Patrick it's only one pound note have,
and they won't be jify serving me-"
Arrah, yen be all served cried out droll fel
INV On the verge OF the crowd. Here's the Coun-
z<1es coming, and bag Of gold on his back
An looked In the direction the last speaker pointed
Do. and there sure enouGh could see approaching
The barry figure OF OConnell. who was one of the
nsefo1s Of the bank and had just arrived from Dub
m He bad not exactly bag on bis back, but be
- Let me pass, my good hends,h said he, Z" and
Won shall all be served And he pushed shoulder
&gezaosf through the crowd, who made way for him,
md gave three cheers for the Counsellor as be
The Iiberator as be was called might have been
twenty minutes in the bank, when hurrah was
nind from those who stood nearest the bank door,
Didn't tell you, cried fellow, crushing his way
auk aDd blowing with his breath to cool five hot SOW
ss<iss which he held with difficulty in his hand:
Ban'tl tel Won the Counsellor would settle it
There they at 1t, hard and fast as tall0w chand
&<s melting day, making sovereigns like winky
nd theFe're shoyeling them out upon the counter
hot ~ bToiled praties from pot, and he blew again
uca the s0yereigns and held them up to be touched
2eeing and feeling was believing, and there, sure
E1rneb was the gold, warm as IL from the erncble.
@f;lory to YOU, Dan y shoured out the crowd,
who now really believed that the Counsellor was
making soyezeigns in the back parlor to meet the
suH- = What's the use OF crushing; yeu can't break
n hank when they re melting out money like that
NY curiosity at its height, so, with tremen
s effort. gained admission, and there, enough,
Ucse the clerks lading out burning hot soveregns
nom copper scoops TO the people, who crowded to
me counter, and who, swapping and blowing their
A1srFs. were picking up the coins you might roast
ahssnnis
They say the r,tse was not new one, and that
0'Cpnne only revived it, in the case Of the -
Gsnk but it not the less mertorous and success
81 On that account The clerks were really engaged
N The baekparlor heating the sovereigns on fire.
ahoYels over red fire and rushing out with red
nces and ia furious hurry they threw them "hot,
all hos7 TO the cashiers, who counted them out with
IRON curling toags TO the customers, who believed
that the work OF coming was going on over innumer
aide emcbles in the back-parlor, 4
The plan had double advantage--it inspired con-
Adence, and made the process of money taking so
SLOW the part OF the public, who were perpetually
burning their fingers, that the bank, with very
limited supply, was able to meet demand which,
under the circumstances, was necessarily slow. The
clerks could serve the people as fast the people
eonld count the hot sovereigns.
The sUse, which had almost instantaneous effect in
Alaying alarm, 0Connel maintained was perfectly
Justihahe. From ignorance, panic, which might
have proved fatal to the bank, arose. and he thought
he had right to anay 1t by playing on this same
popular Ignorance. A bank that could serve sover-
signs at will from an oven could never, of course,
Bant gold, Ia the Imagination Of a simnle people.