Lot 1335
SPECULATION ON SPANISH GOLD IN 1813Good financial content A.L.S., 1p. 4to., [n.p.], April 13, 1813 in which Eleazer Early, Cashier for the Bank of Augusta, pens a warning to the Treasury Office at the Georgia capital of Milledgeville warning of an apparent attempt to use Spanish gold to manipulate the U.S. money supply. In part:"...Whereas there is good reason to believe that Congress will, at their next session, adopt by law the report of the essayer of the United States, in the regulation of foreign coins, and whereas there appears to have been very considerable sums of Spanish Gold lately sent hither from the Northern States...this Bank will not receive nor pay Spanish Gold Coin at a rate above that specified in the said report....It has been deemed advisable to furnish you with the above extract...apprizing you that a very large sum of that description of gold has lately been brought hither on speculation, and having been rejected...may perhaps be offered at the Treasury Office...". With integral address, leaf, very good.
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