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Collection Reference Number GLC08634
From Archive Folder Documents Relating to 1810 
Title George Cabot to Thomas Willing regarding his bank's debt and loans
Date 24 December 1810
Author Cabot, George (1752-1823)  
Recipient Willing, Thomas  
Document Type Correspondence
Content Description Worries about his bank's debt and existing loans, but feels that he can get by. Admits that the bank may soon be terminated since its charter is about to run out. Wishes for instructions on how to act in the face of potential doom. Suggests that in the case of termination, the State banks be used for "the winding up of our affairs."
Subjects Banking  Bank of the US  Finance  
People Cabot, George (1752-1823)  Willing, Thomas (1731-1821)  
Place written Boston, Massachusetts
Theme Banking & Economics
Sub-collection The Gilder Lehrman Collection, 1493-1859
Additional Information George Cabot became the President of the Boston Branch of the Bank of the United States in 1803. Thomas Willing was the first President of the First Bank of the United States, from 1791-1811.
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859