A Brief Popular Account of All the Financial Panics and Commercial Revulsions in the United States, from 1690 to 1857

To prevent the recurrence of periods of financial panic and disaster, it is above all other things necessary that the causes of financial revulsions should be understood, and their incidents noted. In 1857, members of the New York Press published a short book with the object of aiding the public in coming to correct conclusions on this momentous subject.

The book, "A Brief Popular Account of All the Financial Panics..." consists, first, of the FACTS of the different periods of revulsion in our history, compiled from the records of those periods. Secondly, it presents a selection of the OPINIONS of eminent individuals respecting the causes of revulsion.

The book concludes with the suggestion that "men must learn that fortunes are the reward of a life of economy, thrift, and industry, and that small and certain profits are better than speculations, usurious bargains, and stock gambling. Move out of the big houses; sell the lace, satin, and damask, which you have purchased with money that should be invested in your business; discharge the coachman and unnecessary houseservants; pay your debts; keep within the limit of legitimate business, and we shall hear of no revulsions, nor panics that you cannot meet, without fear and without reproach."

Contents
CHAPTER I. PANICS AND REVULSIONS PREVIOUS TO THE GREAT REVULSION OF 1831.
THE REVULSION OF 1690.
THE REVULSION OF 1748.
THE REVULSION OF 1780.
SUSPENSION OFSPECIE PAYMENTS BY THE BANK OF ENGLAND IN 1797.
THE PANIC Or 1798 IN THE UNITED STATES.
THE REVULSION OF 1808.
THE REVULSION OF 1815.
CHAPTER II. EVENTS PRECEDING THE GREAT CRASH OF 1832.
VETO OF THE RE-CHARTERING BILL.
REMOVAL OF THE DEPOSITES.
THE INFLATION OF 1835-36.
STRIKES AND TRADE UNIONS.
CHAPTER III. DISASTERS JUST PREVIOUS TO THE GREAT REVULSION OF 1831.
THE GREAT FIRE OF 1835.
THE SHORT CROPS OF 1835 AND 1836.
THE SPECIE CIRCULAR OF JULY 1836.
THE BEGINNING OF THE PRESSURE.
CHAPTER IV. THE PROGRESS OF THE PRESSURE.
THE NEW YORK FLOUR RIOTS OF 1837.
CHAPTER V. THE GREAT CRASH AT LAST.
THE CRASH IN NEW YORK.
PROGRESS OF BANK SUSPENSION OF 1837.
HARD CASH AT THE CUSTOM HOUSE.
THE TROUBLES OF A TRAVELLER.
THE JOKES OF THE CRASH OF 1837.
HARD TIMES FOR FIVE YEARS.
CHAPTER VI. OPINIONS RESPECTING THE CAUSE OF THE REVULSION.
OPINION OF THE WHIG PARTY AS EXPRESSED IN THE N. Y. AMERICAN.
THE OPINION OF PRESIDENT VAN BUREN.
THE OPINION OF NICHOLAS BIDDLE ON THE EFFECTS OF REQUIRING THE PUBLIC LAND TO BE PAID FOR IN HARD CASH.
Daniel Webster's Opinion.
CHAPTER VII. PANIC AND REVULSION OF 1857.
DIARY OF DISASTER.
THE VICISSITUDES OF COMMERCE.
THE NUMBER OF FAILURES.
THE CAUSE OF THE REVULSION
HOPE FOR THE FUTURE.
CHAPTER VIII. OPINIONS OF DISTINGUISHED PERSONS AND PRESSES, AS TO THE CAUSES OF THE PRESENT REVULSIONS.
Horace Greeley upon the Causes of the Revulsion.
HENRY WARD BEECHER ON STOCK GAMBLING.
THEODORE PARKER ON THE REVULSION.
REV. DR. CHEEVER'S OPINION.
THE CAUSE AGAIN.
WHAT THE BANKS HAVE DONE.
BANK ARISTOCRACTS.
NATHAN APPLETON'S OPINION.
CHAPTER IX. PRACTICAL SUGGESTION'S FOR CURING AND ENDURING THE PRESENT TROUBLES.
PRACTICAL SUGGESTIONS.
PAY ALL YOU CAN.
HALF A LOAF BETTER THAN NO BREAD.
MECHANICS THIS WINTER.
THE WINTER IN THE CITIES.
KEEP OUT OF NEW YORK.
SELL DRY-GOODS ON FOUR MONTHS.
SHORTER CREDITS.
A Lady's Suggestion.
STUDY THE SUBJECT.

Dettagli