Open in TheBrain

1850

Charles Loring Brace

Daniel D Bernard

Ernst Curtius; Alexander von Humboldt

Irish Potato Famine

Great Famine Relief Efforts
1850–1852 — “Afterlife” of famine governance

Irish Emigrant Society; Emigrant Industrial Savings Bank

Emigrant Industrial Savings Bank
1850 — Emigrant Industrial Savings Bank Incorporated

Eighteen members of the Irish Emigrant Society contribute $200 each to found the EISB. Gregory Dillon, President of the Society, becomes the bank's first president. The bank opens for business at 51 Chambers Street, Manhattan, in leased property, on September 30, 1850.

Source: NYC Landmarks Preservation Commission, "Former Emigrant Industrial Savings Bank Building," Designation Report LP-1438, July 8, 1985 — http://s-media.nyc.gov/agencies/lpc/lp/1438.pdf

Quote: "The Emigrant Industrial Savings Bank was incorporated in 1850. Organized under the auspices of Bishop John Hughes and the Irish Emigrant Society, it was intended to protect the savings of newly-arrived immigrants (particularly those from Ireland) from unscrupulous people who might take advantage of their inexperience." — NYC LPC, LP-1438