667. BANK (U. S.), Fall in stock.—
The
failure of some stock gamblers and some
other circumstances, have brought the public
paper low. The 6 per cents have fallen from
26 to 211-4, and bank paper stock from 115
or 120 to 73 or 74, within two or three weeks.
This nefarious business is becoming more
and more the public detestation, and cannot
fail, when the knowledge of it shall be sufficiently
extended, to tumble its authors headlong
from their heights.—
To William Short. Washington ed. iii, 342.
Ford ed., v, 459.
(Pa.,
March. 1792)
