This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1871 Excerpt: ...were withheld from subscribing by the general pressure for money. In consequence, the loan, then pending, partially failed, to the very great embarrassment of the Government, and distress of the public. This was the nefarious object in view." To show that there could be no pretext on the part of the Boston banks of a ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1871 Excerpt: ...were withheld from subscribing by the general pressure for money. In consequence, the loan, then pending, partially failed, to the very great embarrassment of the Government, and distress of the public. This was the nefarious object in view." To show that there could be no pretext on the part of the Boston banks of a want of specie, our author gives an abstract of the statements of six Boston banks, officially published by the Secretary of the commonwealth, in January, 1814, by which ii appeared that the specie then in their vaults was $4,945,444, while their notes in circulation were but $2,000,601. But the Boston bankers did not allow their hoard of specie to lie idle. Between July 1st, 1S14, and January 1st, 1815, it was reduced from $5,468,604 to $1,999,368. It did not flow back into the collapsed arteries of American circulation. Mr. Carey declares, on what he claims to be specific proof, that it was drawn into the British provinces to pay for Government bills and for smuggled goods; that an arrangement was made "with agents of the Government of Lower Canada, whereby an immense amount of British Government bills, drawn in Quebec, were transmitted for sale to New York, Philadelphia, and Baltimore, and disposed of to moneyed men on such advantageous terms as induced them to make large purchases.... These bills were forwarded through trusty persons in Boston, and the proceeds being placed to their credit, added immensely to the command the Boston banks had acquired, by the extent of the smuggling trade, over those in the middle and southern States." This commercial intercourse with the enemy was so ostentatiously managed that Mr. Carey copies an advertisement of British Government bills for sale, taken from the Boston Daily Advertiser in 18...
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New. Trade paperback (US). Glued binding. 740 p. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.