Letter, 1841 July 22 (Washington, [D.C.]), to C[harles] Yancey (Buckingham Court House, Va.)

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Letter, 1841 July 22 (Washington, [D.C.]), to C[harles] Yancey (Buckingham Court House, Va.)

http://www.worldcat.org/oclc/55879304

Reporting on the favorable reception of Yancey's resolution, observing that the results of the session were uncertain, and commenting on the anticipated failure of Henry Clay's "bank project." Senator Henry Clay, a supporter of the second Bank of the United States (1816-1836), had introduced legislation, 7 June 1841, on behalf of the Whig party to abolish the Independent Treasury in hopes of replacing the national banking system with a Federal Bank. When its charter expired in 1836, the Second Bank ended its operations as a national institution. It was reestablished as a commercial bank under the laws of Pennsylvania, where it continued to operate until its failure in 1841.

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University of South Carolina, System Library Service, University Libraries

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SNAC Resource ID: 7713326

University of South Carolina, System Library Service, University Libraries

Related Entities

There are 3 Entities related to this resource.

Calhoun, John C. (John Caldwell), 1782-1850

http://n2t.net/ark:/99166/w6rp3z99 (person)

John Caldwell Calhoun (March 18, 1782 – March 31, 1850) was an American statesman and political theorist from South Carolina who served as the seventh vice president of the United States from 1825 to 1832. He is remembered for strongly defending slavery and for advancing the concept of minority states' rights in politics. He did this in the context of protecting the interests of the white South when its residents were outnumbered by Northerners. He began his political career as a nationalist, mo...

Clay, Henry, 1777-1852

http://n2t.net/ark:/99166/w6gc2thc (person)

Henry Clay Sr. (April 12, 1777 – June 29, 1852) was an American attorney and statesman who represented Kentucky in both the Senate and House. He was the seventh House speaker and the ninth secretary of state. He received electoral votes for president in the 1824, 1832, and 1844 presidential elections. He also helped found both the National Republican Party and the Whig Party. For his role in defusing sectional crises, he earned the appellation of the "Great Compromiser" and was part of the "Grea...

Yancey, Charles M.

http://n2t.net/ark:/99166/w6c82p4t (person)

Represented in this collection are: Charles Yancey, planter of Buckingham County (Va.); Z. Lee Gilmer, resident of Charlottesville, Va., Sergeant of Co. B ("Albemarle Rifles"), 19th Virginia Regiment. From the description of Papers of Charles Yancey, 1811-1862. (University of Virginia). WorldCat record id: 32671971 ...