THE PANIC OF 1819 Reactions and Policies phần 2 ppsx

... Thomas, and King and Walker of Alabama. THE PANIC AND ITS GENESIS 21 President Monroe ignored the panic completely and hailed the abundant harvest and the flourishing of commerce. 84 In the ... to its lands in the Northwest. 12 On January 30, 1 821 . Ibid., p. 25 1. 13 Ibid., pp. 21 4 -22 . 14 Eaton was a lawyer, landowner, and land speculator, an...

Ngày tải lên: 09/08/2014, 19:22

... and Prospect of the Western Country, April 21 , 1 820 ,” in “A New Englander’s Impressions of Cincinnati in 1 820 -Letters by William Greene,” THE PANIC OF 1819 Reactions and Policies ... Passed by the Congress of the United States of America (Boston: Wells and Lilly, 1 827 ), II and III, passim. 34 See the data compiled from the records of...

Ngày tải lên: 09/08/2014, 19:22

... in cotton prices and its influx of immigrants. Alabama was the major center of speculation in public land purchases. Of the $22 million of public land debt outstanding in 1 820 half was located ... investigate the extent, causes, and remedies of the distress. Its report will be considered further. Its text is in Pennsylvania Legislature, Journal of the Senate,...

Ngày tải lên: 09/08/2014, 19:22

... branch of the Bank of the United States. As a result of its previous expansion and 16 Report on the Joint Committee of the Planters’ Bank and the Bank of the State of Georgia, June 21 , 1 820 , ... personal friend of Andrew Jackson. The leading force on behalf of the state bank was the Vincennes Sentinel, the editor of which was an officer of...

Ngày tải lên: 09/08/2014, 19:22

... As the loan office swung into action in the summer and fall of 1 821 , the proponents were hopeful of success. Most of the papers in the state had supported the bill, and they declared that the ... leading issue of the legislative session of the fall of 1 821 was the loan office system. The expansionists and relief forces were eager to enlarge the...

Ngày tải lên: 09/08/2014, 19:22

... passed the Senate by a vote of 22 to 15. 156 The establishment of the Bank of the Commonwealth was a measure of the dissatisfaction of the expansionist forces with the semi- private Bank of Kentucky, ... Journal of the Senate, 1 820 (November 21 , 1 820 ), pp. 109- 12; (November 22 , 1 820 ), pp. 116 ff. 157 Kentucky General Assembly, Journal of the...

Ngày tải lên: 09/08/2014, 19:22

... is there to control the power of the national bank?” 14 The most famous and one of the most thoroughgoing opponents of bank credit was Thomas Jefferson. Jefferson reacted to the panic of 1819 ... Journal of the House of Representatives, 1819 (February 3, 1819) . Only one of the legislators voted for both compulsory resumption and the relief proposa...

Ngày tải lên: 09/08/2014, 19:22

... January 21 ,1819, and report of the Joint Committee on Domestic Manufacture of the Ohio Legislature; Ohio Legislature, Journal of the House of Representatives, 1819- 20 (January 24 ), pp. 25 2-53. 21 ... Eiselen, The Rise, pp. 46 ff. 26 Kehl, Ill Feeling, pp. 79, 189. 27 Pennsylvania Legislature, Journal of the House, 1819- 20 (January 28 , 1 820 ), p....

Ngày tải lên: 09/08/2014, 19:22

... be one of the leaders in the free banking movement of the late 1 820 s. One of the most impressive aspects of the discussions about the depression was the high intellectual level of the debate, ... discount their bills at the banks. After the merchants paid the bank notes into the Treasury in payment of their debts, the Treasury deposited the notes...

Ngày tải lên: 09/08/2014, 19:22

... of the House. 1818 -20 . - Laws. 1819- 20 . - Journal of the Senate. 1819- 21 . Richardson, James D., ed. A Compilation of the Messages and Papers of the Presidents. Vol. II. New York, Bureau of ... Official Journal of the Proceedings of the House of Representatives. 1819. Maryland General Assembly. Votes and Proceedings of the House of Delega...

Ngày tải lên: 09/08/2014, 19:22