An Article on the Debts of the States from the Christian Review for March, 1844.

[Boston; The Christian Review; <T Nayland? or Wayland?>; Sir E. F. Bromhead; nineteenth century economics; economic history]
Publication details: 
Boston: Printed by William S. Damrell, 11 Cornhill. 1844.
SKU: 6932

8vo: 24 pp. Unbound and stitched. With printed grey front wrap, inscribed to 'Sir E. F. Bromhead | Bassingham | Lincolnshire | from the author | '. On aged paper, grubby at extremities and a little dogeared, but tight and with text clear and entire. 'The general fact has been long before the public, that the several States in the Union are indebted to various individuals in Europe, to the amount of about two hundred millions of dollars. At the time when this debt was incurred, very few persons, either in or out of the indebted States, gave themselves any trouble about it. Cities (on paper) were growing up in the depths of the trackless forest, or emerging from the centre of the undrained swamp. The circulating medium, expanded almost without limit, certainly without forethought, was hourly extending the means for farther investment. Nobody seemed to have observed that the real values in the country were precisely the same as they had been, and that the only change which had really been effected, consisted in the increased number of bits of handsomely engraved paper.' A significant copy of a scarce anonymous item, with the author revealing his identity in the ownership inscription. No copy in the British Library or on COPAC. Worldcat confuses this with a work by Benjamin Robbins Curtis of the same title in the North American Review 1844. The only copy it lists of this work is at Brown University Library.