Adam Smith and British Banking Views Revisited in 1823
Philadelphia report outlines how Adam Smith favored a limited non metallic note circulation and argued for on demand gold payments to curb over issuance. It traces the shift after 1797, the Bullion Committee’s influence, and 1821 to 1829 debates on replacing small notes with a metallic standard, citing Lord Liverpool Huskisson and Wellington.
MENTIONED IN THIS ARTICLE
Raunrace
Great Britain
Jopin
Adam Smith
Smith
Bank of Enghiod
Bank of England
Bank of Englind
Boyd
Lord King
Ricardo
Ballion
Adem Smith
Tuition Committee
Charles Grant
Mr. Smith
Lord Liverpool
Mr. Huskisson
Huskisson
France
Duke of Wellington
Lord King Re
Fluskisson
Grant
Philadelphia
Alabama plans and debts ease under self denial in 1837
A Huntsville based Journal of Commerce correspondent reports Alabama farmers and planters have largely avoided store trade and foreign goods, stockpiling enough to last two years. Merchants face distress from overbuying and land speculation, while cotton crops promise relief and a shift toward North Alabama’s financial balance. No local failures expected as merchants remain sound.
MENTIONED IN THIS ARTICLE
Alabama
Hantsville
Journal of Commerce
England
Great Britain
Heyrsville
Ala
North Alabama
Huntsville
Coinage of Gold at the Mint in May
Gold coinage at the Mint for May shows total 381 535 dollars, with 268 000 dollars in quarter eagles. Deposits and holdings include 755 old standard coins and substantial foreign bullion jewelry totaling 309 640 dollars. Remaining uncoined on April 30 were 71 998 dollars.
MENTIONED IN THIS ARTICLE
United States
Biddle's Bank in Jeopardy as May Debt Looms
An official May statement shows European debt of $11,467,761 due within a year in specie, while Biddle's Bank had only $1,490,968 in hand. Liabilities total $30,841,313 including bills, deposits, and government obligations. critics dub the bank insolvent amid regulatory concerns in Augusta Maine.
MENTIONED IN THIS ARTICLE
Biddle’s Bank
Europe
Biddle
United States
Augusta
Maine
Declaration of Independence summary in concise form
This fragment presents the core proclamation of the United States declaring independence from Great Britain. It asserts natural rights, lists grievances by King George III, explains the colonies’ right to alter or abolish oppressive government, and proclaims the united colonies free and independent with pledged lives fortunes and honor.
MENTIONED IN THIS ARTICLE
Great Britain
Legishetares
United States of America
Congress
SPECIE PAYMENTS DEBATE SHARPENS BANK CONFLICT
The Globe reports rising tension over the suspension of specie payments by banks urged by merchants and the Penn Bank, accusing the Bank of the United States and its allies of defrauding the people. It cites a National Intelligencer letter urging imports to cover foreign debts with specie even at high premiums. The piece mocks reliance on hard money versus a paper circulation it calls intrinsically worthless.
MENTIONED IN THIS ARTICLE
Penneygonia Bank
United States
Biddle
England
National Intelligencer
Yb. Jandows
Pean Leary
Great Britain
Also Mentioned on This Page
He American Union
Sophia
From
the Globe
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