Circular To Bankers, Friday, December 11, 1840 : Front Page

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Circular To Bankers Thursday, June 12, 1828,
Middlesex

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Circular To Bankers Thursday, June 26, 1828,
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Circular To Bankers Friday, October 03, 1828,
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Circular To Bankers Friday, October 10, 1828,
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Other Editions from Friday, December 11, 1840

Hagerstown Mail Friday, December 11, 1840 ,
Maryland

Daily Post Friday, December 11, 1840 ,
Middlesex

London Daily Advertiser Friday, December 11, 1840 ,
Middlesex

London Lloyd List Friday, December 11, 1840 ,
Middlesex

London Morning Post Friday, December 11, 1840 ,
Middlesex

Courier Friday, December 11, 1840 ,
Middlesex

Course Of The Exchange Friday, December 11, 1840 ,
Middlesex

Washington Globe Friday, December 11, 1840 ,
District Of Columbia

Washington Daily National Intelligencer Friday, December 11, 1840 ,
District Of Columbia

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Circular To Bankers

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Circular To Bankers (Newspaper) - December 11, 1840, London, Middlesex No. 657. DECEMBER 11, 1840. TO OUR It is requested that oil and orders for this publication be addressed to No. 29, St. Swithin's There may be no loan for the French Government in London for some time to The times appear to us to be inauspicious for such an even from the bearing which what may be called temporary or accidental causes have upon the no contract under existing be safely made with the French from the view that we there are more causes in operation which may soon have so powerful an influence upon the value of French and upon the value of the public securities of European government in as to render the matter one of grave consideration for British We shall consequently seize the occasion of a about a French loan to make some general reflections on the Those capitalists appear to us to be in danger of being betrayed into the same kind of false and delusive security as has proved so fatal to Mr. the United and the Banks generally of the great Both these important classes of monetary functionaries have manifested too strong a disposition to rely too and supinely on their own intrinsic power and and to neglect distant or extraneous if correctly examined and rightly would be found to exercise a most important influence on their and Casting the mind back to this exact date in the year 1835, when the West India loan and Banks had made mercantile confidence run could we point out the man who had then sufficient No. 057. knowledge and prescience to predict within five years from that the Bank of England would be three several times reduced to such straits as to threaten with destruction one-half of the mercantile in order to guard herself from stopping within the same space of old-established and solvent firms as well as in the United &c. would suspend their collectively which it is quite safe to say exceeded in amount the entire banking and mercantile credit circulating in the world a century these things have and terribly destructive have been their the fall in the value of American of the shares in and of innumerable other proprietary as well as the failure of individual We therev more proper instructive than an examination into the sources of great public calamities of this that we may be able by analogy and comparison the better to perceive the increased risk to which credit and financial affairs are This is the more necessary when projects for loans to foreign governments are in the contemplation of some of our most powerful It is important that and more important that their subordinate should reflect maturely on the change that has taken place in the basis of their After expressing last week an intention of submitting our reasons for believing that a loan to the French Government under the and financial circumstances now be attended with uncommon risk to the or to those parties into whose hands they would push off the we were led to look back to what we said on the question of peace or And we find that in the gloomiest when we had ascertained that the deepest anxiety prevailed in Downing Street concerning the issue of that we submitted in the Circular of the 9th of October such grounds as

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Other Editions of Circular To Bankers

Circular To Bankers Thursday, June 12, 1828, Middlesex

Circular To Bankers Thursday, June 12, 1828, Middlesex

Circular To Bankers Thursday, June 19, 1828, Middlesex

Circular To Bankers Thursday, June 19, 1828, Middlesex

Circular To Bankers Thursday, June 26, 1828, Middlesex

Circular To Bankers Thursday, June 26, 1828, Middlesex

Circular To Bankers Friday, October 03, 1828, Middlesex

Circular To Bankers Friday, October 03, 1828, Middlesex

Circular To Bankers Friday, October 10, 1828, Middlesex

Other Editions from Friday, December 11, 1840

Hagerstown Mail Friday, December 11, 1840 ,Maryland

Daily Post Friday, December 11, 1840 ,Middlesex

London Daily Advertiser Friday, December 11, 1840 ,Middlesex

London Lloyd List Friday, December 11, 1840 ,Middlesex

London Morning Post Friday, December 11, 1840 ,Middlesex

Courier Friday, December 11, 1840 ,Middlesex

Course Of The Exchange Friday, December 11, 1840 ,Middlesex

Washington Globe Friday, December 11, 1840 ,District Of Columbia

Washington Daily National Intelligencer Friday, December 11, 1840 ,District Of Columbia

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