Please note our new address: 98 Bohemia Ave Suite 2  Chesapeake City, MD 21915
Phone 203-276-1570 / Fax 203-883-1483 / Email sales@alexautographs.com
     

Full Details for Lot 1335

Previous LotNext Lot
Click to enlarge

Sale 38 Lot 1335

SPECULATION ON SPANISH GOLD IN 1813
Good financial content A.L.S., 1p. 4to., [n.p.], April 13, 1813 in which Eleazer Early, Cashier for the Bank of Augusta, pens a warning to the Treasury Office at the Georgia capital of Milledgeville warning of an apparent attempt to use Spanish gold to manipulate the U.S. money supply. In part:"...Whereas there is good reason to believe that Congress will, at their next session, adopt by law the report of the essayer of the United States, in the regulation of foreign coins, and whereas there appears to have been very considerable sums of Spanish Gold lately sent hither from the Northern States...this Bank will not receive nor pay Spanish Gold Coin at a rate above that specified in the said report....It has been deemed advisable to furnish you with the above extract...apprizing you that a very large sum of that description of gold has lately been brought hither on speculation, and having been rejected...may perhaps be offered at the Treasury Office...". With integral address, leaf, very good.
Estimate $ 150-200

Back    Inquiry   
 

© Alexander Historical Auctions.  Images, descriptions and condition reports used on this site are original copyright material and are not to be reproduced without permission. For further information telephone (203) 276-1570

   
Copyright © 2018 Alexander Historical Auctions, LLC - All rights reserved. | Site Map | Legal | Privacy Policy