The 'Amherst bubble', wildcat banking in early nineteenth century New Hampshire: Historical New Hampshire/ by Norman W. Smith.
- Title:
- The 'Amherst bubble', wildcat banking in early nineteenth century New Hampshire: Historical New Hampshire/ by Norman W. Smith.
- Author:
- Smith, Norman W.
- Call Number:
- 977.8 N5321h
- Publication Information:
- Concord, NH: New Hampshire Historical Society, 1965.
- Physical Description:
- p. 27-40.
- Source:
- Concord, New Hampshire: New HAmpshire HIstorical Society, 1965 Vol. 20, Issue 1 (Spring 1965) Historical New Hampshire
- Description:
- The article discusses the failure of Hillsborough Bank in Amherst, New Hampshire during the early 1800s. It examines several individuals involved with the bank including petitioner Charles H. Atherton, grantee Captain Eli Brown, and bank president Samuel Bell. The author comments on the bank's troubles, analyzing the relationship between loans, bank notes, specie, and capital. Other topics include distrust of banks, the depreciation of Hillsborough Bank notes, and lawsuits and a government investigation following the bank's demise.
- Subjects:
- Bank failures. , Banks and banking. , New Hampshire History 1775-1865.
- Organizations:
- New Hampshire Historical Society Periodicals History.
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