Cast Iron Tammany Bank 1875

Tammany Hall Bank Mechanical Bank circa 1875 In 1869 the J. & E. Stevens Company of Cromwell, Connecticut, produced its first cast-iron mechanical bank. The toy manufacturer quickly became known for innovative bank designs. Placing a coin in the man's right hand causes it to fall into a slot behind his left arm, and the man bows his head as if in thanks. The bank offers a commentary on New York City's corrupt political organization Tammany Hall.