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Public revenue mismanagement sparks financial convulsion
A 1838 letter argues treasury errors divided public funds across states and banks, weakening credit and hindering trade. It condemns dispersal of revenue, a harsh land sales policy demanding specie, and executive overreach harming banks and commerce nationwide.
MENTIONED IN THIS ARTICLE
N. Biddle
J. Gg. Adams
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Congress
Jackson
Bank of the
United States
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Treasury
Treasy Department
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Secretary of the Treasury
Washington
Pennsylvania
Philadelphia
Harrisburg
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Ohio
Messrs. Griswold & Swan
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Atlantic
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Bank of the United States
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U. States
Mississippi