, Esq. (an eminent lawyer of the
day, since United States Senator), who informed me he had just come
up from the office of Adams & Co., to tell me that their affairs
were in such condition that they would not open that morning at
all; and that this, added to the suspension of Page, Bacon & Co.,
announced the day before, would surely cause a general run on all
the banks. I informed him that I expected as much, and was
prepared for it.

In going down to the bank that morning, I found Montgomery Street
full; but, punctually to the minute, the bank opened, and in rushed
the crowd. As usual, the most noisy and clamorous were men and
women who held small certificates; still, others with larger
accounts were in the crowd, pushing forward for their balances.
All were promptly met and paid. Several gentlemen of my personal
acquaintance merely asked my word of honor that their money was
safe, and went away; others, who had large balances, and no
immediate use for coin, gladly accepted gold-bars, whereby we paid
out the seventy-five thousand dollars of bullion, relieving the
coin to that amount.

Meantime, rumors from the street came pouring in that Wright & Co.
had failed; then Wells, Fargo & Co.; then Palmer, Cook & Co., and
indeed all, or nearly all, the banks of the city; and I was told
that parties on the street were betting high, first, that we would
close our doors at eleven o'clock; then twelve, and so on; but we
did not, till the usual hour that night. We had paid every demand,
and still had a respectable amount left.

This run on the bank (the only one I ever experienced) presented
all the features, serious and comical, usual to such occasions. At
our counter happened that identical case, narrated of others, of
the Frenchman, who was nearly squeezed to death in getting to the
counter, and, when he received his money, did not know what to do
with it. "If you got the money, I no want him; but if you no got
him, I want it like the devil!"

Toward the close of the day, some of our customers deposited,
rather ostentatiously, small amounts, not aggregating more than
eight or ten thousand dollars. Book-keepers and tellers were kept
at work to write up the books; and these showed:

Due depositors and certificates, about one hundred and twenty
thousand dollars, for which remained of coin about fifty thousand
dollars. I resolved not to sleep until I had collected from those
owing the bank a part of their debts; for