Talk:Panic of 1792: Difference between revisions
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==Needs better sources...== | ==Needs better sources...== | ||
This article badly needs better sources. The ones that are there are difficult to judge as to their authority; they also seem to tell very different stories. The [http://www.americanheritage.com/articles/magazine/ah/2009/6/2009_6_55.shtml one] from Thomas Fleming unintentionally makes Hamilton the originator of the whole panic, as he reportedly leaked the plans to pass a law that would make the scheme profitable. Other sources, like [http://eh.net/encyclopedia/article/cowen.banking.first_bank.us this] mention, that it was the first Bank of the United States, that ignited and popped the bubble; the '[http://www.helsinki.fi/iehc2006/papers1/Sylla.pdf Sylla]' resource confirms this | This article badly needs better sources. The ones that are there are difficult to judge as to their authority; they also seem to tell very different stories. The [http://www.americanheritage.com/articles/magazine/ah/2009/6/2009_6_55.shtml one] from Thomas Fleming unintentionally makes Hamilton the originator of the whole panic, as he reportedly leaked the plans to pass a law that would make the scheme profitable. Other sources, like [http://eh.net/encyclopedia/article/cowen.banking.first_bank.us this] mention, that it was the first Bank of the United States, that ignited and popped the bubble; the '[http://www.helsinki.fi/iehc2006/papers1/Sylla.pdf Sylla]' resource confirms this as well. | ||
That makes Hamilton's saviour role a bit more untrustworthy, to say the least. :) [[User:Pestergaines|Pestergaines]] | That makes Hamilton's saviour role a bit more untrustworthy, to say the least. :) [[User:Pestergaines|Pestergaines]] 15:02, 9 January 2011 (CST) | ||
One interesting source seems to be from David J. Cowen, "The First Bank of the United States and the Securities Market Crash of 1792", but I can't seem to find a free online copy (derivative paper [http://www.scribd.com/doc/15376869/The-First-Bank-of-the-United-States-and-the-Securities-Market-Crash-of-1792-Stephan-Laouadi here]) | |||
Also, there is an interesting mention in Rozeff's | |||
[http://mises.org/etexts/The%20U.S.%20Constitution%20and%20Money%20.pdf The U.S. Constitution and Money], p.91-93, who refers to Cowen's paper above. [[User:Pestergaines|Pestergaines]] 17:33, 9 January 2011 (CST) | |||
:Rewrote the whole damn thing from scratch using the same resources. Would welcome somebody improving the readability. [[User:Pestergaines|Pestergaines]] 18:20, 10 January 2011 (CST) | |||
::On second thought, perhaps the article concentrates overly on Hamilton and basically ignores Duer - while Hamilton was the ultimate cause of the crisis, Duer was right in the middle of it (and is a nicely colorful character, too!). [[User:Pestergaines|Pestergaines]] 03:10, 11 January 2011 (CST) | |||
::Added the reported leak by Hamilton that led to the speculation; hope that it is made clear that one specific source says so (would be nice to have it confirmed by something more solid). [[User:Pestergaines|Pestergaines]] 04:08, 11 January 2011 (CST) | |||
:::Came across some mentions of Duer in [http://archive.org/details/essaysinearlierh01daviuoft Essays in the earlier history of American corporations]. For later on. [[User:Pestergaines|Pestergaines]] ([[User talk:Pestergaines|talk]]) 14:30, 8 December 2012 (MSK) | |||
Latest revision as of 11:30, 8 December 2012
Needs better sources...
This article badly needs better sources. The ones that are there are difficult to judge as to their authority; they also seem to tell very different stories. The one from Thomas Fleming unintentionally makes Hamilton the originator of the whole panic, as he reportedly leaked the plans to pass a law that would make the scheme profitable. Other sources, like this mention, that it was the first Bank of the United States, that ignited and popped the bubble; the 'Sylla' resource confirms this as well.
That makes Hamilton's saviour role a bit more untrustworthy, to say the least. :) Pestergaines 15:02, 9 January 2011 (CST)
One interesting source seems to be from David J. Cowen, "The First Bank of the United States and the Securities Market Crash of 1792", but I can't seem to find a free online copy (derivative paper here)
Also, there is an interesting mention in Rozeff's The U.S. Constitution and Money, p.91-93, who refers to Cowen's paper above. Pestergaines 17:33, 9 January 2011 (CST)
- Rewrote the whole damn thing from scratch using the same resources. Would welcome somebody improving the readability. Pestergaines 18:20, 10 January 2011 (CST)
- On second thought, perhaps the article concentrates overly on Hamilton and basically ignores Duer - while Hamilton was the ultimate cause of the crisis, Duer was right in the middle of it (and is a nicely colorful character, too!). Pestergaines 03:10, 11 January 2011 (CST)
- Added the reported leak by Hamilton that led to the speculation; hope that it is made clear that one specific source says so (would be nice to have it confirmed by something more solid). Pestergaines 04:08, 11 January 2011 (CST)
- Came across some mentions of Duer in Essays in the earlier history of American corporations. For later on. Pestergaines (talk) 14:30, 8 December 2012 (MSK)