Dr. Thomas Dyott Manual Labor Bank clippings and currency, circa 1830s
Permanent ID:
14008Date:
1830sImage Description:
This digital record contains images that depict the entire contents of folder 2322 from volume 29 of the Stauffer collection. The materials include a lithograph print of Dr. Dyott's drug store and warehouse, a clipping of a song titled The Case of Dr. Dyott, and three peices of currency issued by Dyott's Manual Labor Bank. One of the bank notes contains John B. Dyott's signature on the revesre side. John was one of Thomas's brothers who assisted him in the operations of Dyottville.Dr. Thomas Dyott was a prominent and successful medical practitioner and entrepeneur. He purchased the Kensington Glass Works from James Rowland, Jr. to produce medicine bottles. By the 1830s Dyott operated a successful medical practices, owned the Glass Works which he called Dyottville and operated it as a work commune, and a Patent Medicine Warehouse. He also created his own bank called the Manual Labor Bank and began issuing currency. In 1837 the general economy collapsed and he declared insolvency. In 1839, Dyott was convicted of fraudulent banking practices and sent to prison for 1 1/2 years. Though Dyottville lived-on and continued to produce glass flasks and bottles until 1923.