Item #22368 AN ARTICLE ON THE DEBTS OF THE STATES. FROM THE NORTH AMERICAN REVIEW, FOR JANUARY, 1844. Benjamin Robbins Curtis.
AN ARTICLE ON THE DEBTS OF THE STATES. FROM THE NORTH AMERICAN REVIEW, FOR JANUARY, 1844.

AN ARTICLE ON THE DEBTS OF THE STATES. FROM THE NORTH AMERICAN REVIEW, FOR JANUARY, 1844.

Boston: Press of T.R. Marvin, 24 Congress St, 1844. 36pp. Original printed blue wrappers, stitched. Light spotting, several institutional stamps and release. Otherwise, Good+ to Very Good.

Curtis, distinguished Massachusetts lawyer who was later appointed to the U.S. Supreme Court, traces the "extraordinary" growth in State debt during the 1830's. He cites the influences of international trade, expanding American manufactures, consequent demand for more currency, the "war between the government of the United States and the Bank of the United States," and the "wild spirit of adventure" that overcame prudence and caution. Indeed, "prudence was generally considered little better than narrow-minded timidity."
In fact, the Nation's exponential growth gave credence to boundless optimism. Sadly, this "unnatural state of things could not long continue." The bubble burst with the Panic of 1837.
After dissenting in the Dred Scott Case, Curtis would resign from the Supreme Court.
AI 44-1781 [5]. Sabin 18026. Goldsmiths 33758. Not in Cohen. Item #22368

Price: $375.00

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