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Collection Reference Number GLC06313.04.140
From Archive Folder Aaron Hobart Collection 
Title Daniel Mitchell to Aaron Hobart regarding the Bankruptcy Bill
Date 19 January 1822
Author Mitchell, Daniel (1770-1847)  
Recipient Hobart, Aaron  
Document Type Correspondence
Content Description Responds to Hobart's request for his opinion of the bankruptcy bill before Congress. Indicates that it is not thought of much in the district, since such a bill has "been so long talkd of in Congress & having undergone so many modifications without success." Speculates that, if it passed, it "would not create much excitement here." Also, notes his own bias against it, since he "suffered under the old one." Admits that some cases would benefit from a bankruptcy system, but worries about its effects on smaller estates. Anticipates it "restoring many valuable members to a state of activity and usefulness in society."
Subjects American Statesmen  Politics  Government and Civics  Congress  Finance  Debt  Law  
People Mitchell, Daniel (1770-1847)  Hobart, Aaron (1787-1858)  
Place written Bridgewater, Massachusetts
Theme Government & Politics; Banking & Economics
Sub-collection The Gilder Lehrman Collection, 1493-1859
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859