On the record
The pressure in 1797 was undoubtedly, to a considerable extent, connected with political alarm, with the fear of foreign invasion, causing an internal demand for the exchange of notes into coin.
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gutenberg.orgCharles Sumner: “The pressure in 1797 was undoubtedly, to a considerable extent, connected with political alarm, with the fear of foreign…”
Editor's note · Context
Sumner discusses the political and social factors that contributed to the financial pressure in 1797.
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