New York had hardly been relieved of British control, when a project was set on foot to organize a bank. On the 24th of February, 1784, and again on the 26th the principal merchants and citizens of New York met at the Merchants’ Coffee House, in response to a call, for the purpose of establishing a bank on liberal principles, the stock to consist of specie only. Proposals were made for the establishment of a bank with a capital of five hundred thousand dollars in gold or silver, which were unanimously agreed to, and a committee was appointed to receive subscriptions. When one-half of the stock had been taken, a meeting of the stockholders was held at the Coffee House at ten o’clock on the morning of Monday, March 15, 1784, when General Alexander McDougal was elected president, twelve directors, and William Seton cashier of the bank. Thus was organized the Bank of New York, the first bank of deposit in the State.

Chamber of Commerce Reorganized

The Chamber of Commerce and the Marine Society met regularly at the Coffee House. After the war it was held that the Chamber of Commerce had forfeited its charter and the State legislature then sitting in New York, in response to a petition, granted a new charter, April 13, 1784. The signers of the petition met at the Merchants’ Coffee House April 20th and reorganized under the name of Chamber of Commerce of the State of New York. By resolution of Congress, New York became the seat of government in December, 1784, and shortly after, on January 19, 1785, the Marine Society, to animate its members and promote the object of the society, provided an elegant dinner at the Merchants’ Coffee House, and were honored with the company of the President and members of Congress, the mayor of the city, Major General McDougal, and a number of other gentlemen. In the early part of February the Chamber of Commerce had the honor of entertaining the same distinguished guests at a dinner, also given at the Merchants’ Coffee House.

The society for the promotion of manumission of slaves held its meetings at the Coffee House, also the society for promoting useful knowledge. Here the Masons had their Grand Lodge Room and here they gathered on the anniversary day of St. John the Baptist, in 1784, and marched in procession to St. Paul’s Church, where a sermon was preached to them by the Rev. Samuel Provost. These formalities seem to have been of yearly occurrence.

In 1785 the Governor of the State, the Chancellor, the Hon. John Jay and other distinguished citizens dined with the Friendly Sons of St. Patrick at the Coffee House on the anniversary day of their saint, and on November 30th the St. Andrew’s Society of the State held its anniversary meeting here. At sunrise the Scottish flag was raised on the Coffee House and at twelve o’clock an election of officers was held, when the Hon. Robert R. Livingston, Chancellor of the State, was chosen president and Robert Lenox, secretary. The society, honored with the company of the Governor of the State and the Mayor and Recorder of the city, then sat down to dinner. The toasts were truly Scotch; among them a few that need be interpreted to us by some antiquarian Scot.

On the 9th of November, 1786, Cornelius Bradford died, much regretted by his many friends, at the age of fifty-seven, and his funeral was held at four o’clock on the afternoon of the 17th at the Coffee House. He seems to have been a man much respected in the community. The New York Packet, in an obituary notice, says of him that not only “was he distinguished as a steady patriot during the arduous contest for American liberty, but that he always discovered a charitable disposition toward those who differed from him in sentiment,” and adds that “the Coffee House under his management, was kept with great dignity, both before and since the war, and he revived its credit from the contempt into which it had fallen during the war.” His widow kept the house after his death until 1792, and continued to enjoy the patronage of Bradford’s old friends.

Although Sam Fraunces came back to the city after the war and took up his old business in the house which had been known as the Queen’s Head, he did not remain there long, but retired to a country life in New Jersey. He sold the house in 1785. The deed is dated April 23d of this year and states that “Samuel Fraunces, late of the City of New York, innkeeper, but at present of the County of Monmouth, New Jersey, farmer, and Elizabeth, his wife,” sell to “George Powers, butcher, of Brooklyn,” all his dwelling house and lot, bounded, etc. The price was £1,950.

The Assembly Balls Revived

The dancing assemblies which had been regularly held before the war at the Province Arms for many years, were renewed, the first one after the close of the Revolution being held at Cape’s, or the City Tavern, on the evening of Thursday, December 19, 1783. James Rivington, the loyalist, in announcing the ball in his paper, added that he had “for sale a supply of white dancing gloves for gentlemen, with stockings, dress swords, and elegant London cocked hats,” which were, no doubt, a part of the stock he was carrying during the war to supply the British officers. Mr. Pickens and Mr. Griffiths, dancing masters, both gave balls in the assembly room of Cape’s Tavern. Mr. Griffiths was using the room for his dancing school in 1786, and announced that he would give a ball once a fortnight during the season. Tickets were six shillings each. A grand ball at the assembly rooms in Broadway was announced by Mr. Griffiths, to be held on February 20, 1786. To insure an attendance of desirable persons it was stated that no person would be admitted whose appearance might give umbrage to the company. Such balls as those given by the dancing masters were continued for many years.

The Cincinnati