Talk:Panic of 1792

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)