Examination of the Charges of the Board of Trade against the Phenix Bank, and the Testimony Upon Them. Banking, Daniel Lord.

Examination of the Charges of the Board of Trade against the Phenix Bank, and the Testimony Upon Them.

New York: M. B. Long, March 21, 1838. A rebuttal to the accusations made against the New York Phenix Bank. Phenix Bank was accused of overcharging on exchange rates, making unlawful discounts, and accepting a bonus for 'carrying a house through its difficulties,' the bonus partially received without fulfilling its responsibilities. Newspapers fought a bitter allegation war, with the turmoil ending when the Whigs and Board of Trade were successful at forcing the resignation of Phenix Bank President John Delafield. Delafield later became President of the New York Agricultural Society. Daniel Lord was a prominent lawyer defending Delafield. 8vo, 30pp, lacking wrappers, slt. fox spotting, some on most pages, red underlining. OCLC: 745537. Otherwise very good condition. Item #10500

Price: $75.00

See all items in BANKING, NEW YORK
See all items by ,