Bank of the United States: Letter, 1834 March 1.

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Bank of the United States: Letter, 1834 March 1.

http://www.worldcat.org/oclc/122444914

A letter to a banker describing a tightening of credit during the Recession of 1833-1834, brought about in part by Jackson's policies towards the National Bank, which limited the means of regulating the extension of credit by private banks. This letter reflects a retraction of Biddle's former "flexible credit" policy.

(1 leaf).

Temple University Libraries, Paley Library

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SNAC Resource ID: 6714631

Temple University Libraries, Paley Library

Related Entities

There are 3 Entities related to this resource.

Jackson, Andrew, 1767-1845

http://n2t.net/ark:/99166/w6f29rp1 (person)

Andrew Jackson, 7th President of the United States. Born on March 15, 1767 in the Waxhaw Settlement in South Carolina; though just a boy, participated in the battle of Hanging Rock during the Revolution, captured by the British and imprisoned. He worked for a time in a saddler's shop and afterward taught school before studying law in Salisbury, N.C. In 1788 he was appointed solicitor of the western district of North Carolina, comprising what is now the State of Tennessee. Upon the admission of T...

Biddle, Nicholas, 1786-1844

http://n2t.net/ark:/99166/w6cn730p (person)

Writer, politician and financier, of Pennsylvania. From the description of Nicholas Biddle letters, 1817-1840, and undated. (Duke University). WorldCat record id: 34992389 José Francisco Correia da Serra was a Portuguese scholar, naturalist and diplomat. From the guide to the José Francisco Correia da Serra letters, 1810-1823, 1810-1823, (American Philosophical Society) William Clark requested that Nicholas Biddle, scholar, statesman, and financier, writ...

Bank of the United States (1816-1836)

http://n2t.net/ark:/99166/w6gn209h (corporateBody)

In 1816, the Bank of the United States was rechartered, the first charter having expired in 1811, in an attempt to stabilize the national currency. Within the first three years, the bank was nearly ruined due to mismanagement. Langdon Cheves was elected president of its board of directors in 1819 and restored the bank's credit. In 1822, he resigned the post and was succeeded by Nicholas Biddle. The national charter for the bank expired in 1836, but Biddle kept the bank in operation until 1841, u...