The Tenth National Bank was an American bank that existed in the 19th Century. At one time, financier Jay Gould acquired a controlling interest in the bank, and New York's William M. Tweed ("Boss Tweed") was one of its directors. The Tenth National Bank was also "Gould's primary vehicle to finance his move to establish a gold corner," leading up to Black Friday (1869).
The Bank failed in the 1870s.
Famous quotes containing the words tenth, national and/or bank:
“The principle of asceticism never was, nor ever can be, consistently pursued by any living creature. Let but one tenth part of the inhabitants of the earth pursue it consistently, and in a day’s time they will have turned it into a Hell.”
—Jeremy Bentham (1748–1832)
“You cannot become thorough Americans if you think of yourselves in groups. America does not consist of groups. A man who thinks of himself as belonging to a particular national group in America has not yet become an American.”
—Woodrow Wilson (1856–1924)
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)