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[Brown, Fenner; Aaron White; and others]:

MEMORIAL TO THE HON. GENERAL ASSEMBLY OF THE STATE OF RHODE ISLAND &C., AT THEIR SESSION TO BE HOLDEN ON THE LAST MONDAY IN OCTOBER, 1839, THE UNDERSIGNED, FREEMEN OF THE TOWN OF CUMBERLAND-- RESPECTFULLY REPRESENT...

[Cumberland: October, 1839] Broadside, printed in three columns. 8.5" x 16" with caption title [as issued]. Lightly foxed, Very Good plus. A heartfelt Jacksonian protest against banking institutions during the hard times that followed the Panic of 1837. Rhode Island's banks have "utterly refused payment of all claims presented." Indeed, they have "gone on contracting new debts, and exacting, in some instances, their own claims, in the most strenuous manner." The banks' unilateral refusal is "an unwarrantable assumption of the law-making power," in disregard of the State's elaborate regulatory system. "The policy of extending privileges to this single class of community, the banking class, we think has been extended too far." They have abused their monopoly, granted by the legislature, to issue paper money, and to use "without interest, nearly all the floating capital of our cities and villages." Not in AI, Bartlett, Sabin, Eberstadt, Decker or, evidently, NUC. OCLC locates five copies under two accession numbers [as of December 2011].


Book Id: 16228

Price: $450.00

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