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| Field name | Value |
|---|---|
| Collection Reference Number | GLC02437.05335 |
| From Archive Folder | The Henry Knox Papers [0107] March 1792 |
| Title | Thomas Randall to Henry Knox on a new bank and share prices |
| Date | 7 March 1792 |
| Author | Randall, Thomas (d. 1811) |
| Recipient | Knox, Henry |
| Document Type | Correspondence; Business and financial document |
| Content Description | Writes, "Mr. [Matthew] McConnell has discounted for me the note you was so obliging as to accept & remitted me the money - I think there is no probability of a charter being granted for another New Bank in New York - it is a pity this rage for speculation is so great - half shares have fell to 30 per cent in consequence of a quantity being sold out here from the Boston market & the money taken away however it is expected the flurry will be soon over and they will rise again." (See GLC02437.05328 for more information on the financial transaction with Mr. McConnell.) "Free" stamped on address leaf with no signature. |
| Subjects | Revolutionary War General Finance Debt Economics Bank of the US Banking Government and Civics |
| People | Knox, Henry (1750-1806) Randall, Thomas (d. 1811) McConnell, Matthew (fl. 1792) |
| Place written | New York, New York |
| Theme | Merchants & Commerce; Banking & Economics |
| Sub-collection | The Henry Knox Papers |
| Copyright | The Gilder Lehrman Institute of American History |
| Module | Settlement, Commerce, Revolution and Reform: 1493-1859 |
| Related documents | Letter from Thomas Randall to Henry Knox about a loan he had taken out and the prospects of a new bank |