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My father possessed multiple shares on the Concord Financial

My father possessed multiple shares on the Concord Financial

Government, Travelling, And you may Providers.

“During the 1836 my father, catching the latest conjecture temperature of one’s months, followed by my cousin and you may aunt-in-law, visited Illinois, and you will remaining a little an amount of money for the acquisition of regulators belongings. The fresh new speculative temperature pervaded the whole people,-conjecture inside places from inside the Maine plus in Illinois. The result try good rising cost of living regarding cost,-the fresh issuing from loads of promises to shell out, having a huge failure and that put damage and you will impoverishment to several house. The year regarding 1838 is actually certainly higher distress. New wheat and corn crop is actually light. Flour try value $sixteen a barrel. I recall going will so you’re able to factory which have an effective grist away from oats, which had been (p. 042) bolted into the flour for need regarding wheat. The brand new Concord Bank hit a brick wall,-the fresh new Western countries was indeed worthless. Fleece could not feel marketed, while the shearing for this 12 months is actually delivered to the town away from Nelson, in the Cheshire State, and manufactured with the satinets and you may cassimeres, towards the offers. Fortsett å lese My father possessed multiple shares on the Concord Financial