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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from ...Show synopsisThis historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1870 Excerpt: ...break gold on that day. When I went down town I had a conversation with Mr. Norville, the financial editor of the Times, and he said so too. In fact, no reasonable man expected anything else but what the government would step in that day or, at all events, the following day. By Mr. Burchard: Q. Did yon sell any gold that day; and if so, how much?--A. Yes, I think I sold probably from one to two hundred thousand dollars. Q. After the break or before?--A. After the break. I did not sell any before on that day. By the Chairman: Q. Please state whether you had any gold transactions for any other person connected with the sub-treasury.--A. I had not. Q. Did you have any other transactions for any member of the family, or any officers of the Treasury?--A. I did not. Q. Aside from what you have said in your testimony hitherto, do you know of any officer of the government of the United States, either in New York, Washington, or elsewhere, who had any interest, or took any part in the interest, in gold during the month of September?--A. I do not. Q. What do you think, as a banker and an expert business man, was the cause of the break down in gold?--A. Mr. Boutwell's order to sell. Q. Did not gold break down before notice of the order came?--A I think it did. I cannot tell. It is just as possible it may have broken down before the order came. It had run up to such a fearful price that no reasonable man would deal in gold at 50 or 60, when it was worth but 25. Q. What was the cause of the sudden rise in gold?--A. There is no question but what the pool drove it up by their tremendously large purchases. Q. What do you mean by the pool?--A. I mean a combination of gamblers. Q. Do you know that there was such a combination?--A. I do not know it, except as you know by the ...Hide synopsis
Investigation Into the Causes of the Gold Panic; Report of the Majority of the Committee on Banking and Currency. March 1, 1870 – Trade paperback
(2012)
by United States Congress Currency
Investigation Into the Causes of the Gold Panic. Report of the Majority of the Committee on Banking and Currency. March 1, 1870 – Trade paperback
(2013)
by United States Congress House Currency
Description:New. This item is printed on demand. General Books publication...New. This item is printed on demand. General Books publication date: 2009 Original publication date: 1870 Original Publisher: Govt. Print. Off. Subjects: Money Currency question Depressions Business.
Description:BRAND NEW PAPERBACK. 9 by 6 inches. This book is printed on...BRAND NEW PAPERBACK. 9 by 6 inches. This book is printed on demand [allow 1-2 weeks for printing]. (00502 pages) lang=english accessory: no accessory (Paperback )
Description:BRAND NEW PAPERBACK. 9.69 by 7 inches. This book is printed on...BRAND NEW PAPERBACK. 9.69 by 7 inches. This book is printed on demand [allow 1-2 weeks for printing]. (00268 pages) lang=english accessory: no accessory (Paperback )
