A LETTER TO THE SENATE AND HOUSE OF REPRESENTATIVES OF THE UNITED STATES UPON THE EXPEDIENCY OF AN UNIFORM SYSTEM OF BANKRUPTCY.
Boston: 1821. Disbound, 31pp, scattered foxing. Good+.
A Massachusetts Whig closely allied with John Quincy Adams, Davis urges Congress to exercise its express constitutional power to enact a uniform bankruptcy law. The urgency to do so is magnified by the recent economic Panic. He argues, "A generous policy requires that so many of our fellow-citizens, most of them intelligent, industrious and useful men should be relieved from their embarrassments and restored to society and usefulness. To exclude them from the busy scenes of life, and compel them to be mere lookers-on, is not only depriving society of the benefit of their exertions, but is doing it a positive injury."
Emphasizing the risks of commerce that well-meaning individuals must incur, Davis urges that those who fail be given the opportunity for a fresh start. A 34-page printing also issued this year.
Sabin 3195. Cohen 2483. Item #11200
Price: $350.00