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'How J Backhouse and Co balanced the cash sixty years ago': coloured drawing signed by Samuel Richardson, who worked at the Darlington Bank, with a narrative account of Jonathan Backhouse at Croft Bridge in 1819. The story of how Jonathan Backhouse rode non-stop to London, in order to get hold of enough gold to stop Lord Darlington's attempt to cause a 'run' on his bank by presenting all the Backhouse bank notes he could find, soon became a local legend. This picture, painted nearly 60 years later, was presented by G H Richardson (son of the artist and a pensioner of the Bank), to mark his 90th birthday. The phrase 'balancing the cash' has a double meaning, for not only did Backhouse get enough gold to balance the notes, but on the return journey a wheel came off his coach and the gold was used to balance the vehicle on his triumphal entry into Darlington.
'Balancing the cash'

Date

1819

Attribution

Barclays Group Archives

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Attribution

Barclays Group Archives

Content is downloadable for personal use only and is subject to our terms of use. For permission to publish content in any form of publication please contact us.