Financial crises--United States

Letter from George W. Strong, New York, to John Wallis, New York, replying to Wallis's note on behalf of his client, Michael Lowber (died ca. 1819), a tanner, threatening to sue Strong's client, the Union Bank, if it refused to redeem Lowber's banknotes with specie (gold or silver); however, banks had suspended specie payments due to a shortage of hard currency caused by the War of 1812 and Strong informs Wallis that any ill-advised lawsuit by Lowber will be vigorously opposed. Page [2], with address [?], affixed to mounting leaf, not digitized.

Letter from George W. Strong, New York, to John Nelson Lloyd, Lloyd Neck, enquiring into the safe arrival of Lloyd's daughter Phoebe in Boston, giving his opinion on French law and Scottish lawyers, Martin Van Buren's prospects, and the banking crisis, and including an accounting of money received for wood and payments made on Conklin Gould's account.

Letter from George W. Strong, New York, to John Nelson Lloyd, Lloyd Neck, apologizing for not spending July 4th with Lloyd, discussing Lloyd's claim against William A. White who had engaged in property speculation in St. Louis, and giving his thoughts on speculation, banks, and Andrew Jackson's ineffective attempts to avoid the financial crisis.

Page [3], blank, not digitized.

Letter from George W. Strong, New York, to John Nelson Lloyd, Lloyd Neck, informing Lloyd that his fire insurance policy will soon expire and worrying about the financial crisis which has been even worse than he feared.

Letter from George W. Strong, New York, to John Nelson Lloyd, Lloyd Neck, regarding William Beach Lawrence to whom Lloyd was considering making a loan, the state of banks in the current financial crisis which he blames on speculators, and his fears about the economic situation.

Page [3], blank, not digitized.

Letter from George W. Strong, New York, to John Nelson Lloyd, Lloyd Neck, regarding Lloyd loaning to William Beach Lawrence, the distress of merchants and speculators in the initial stages of the panic of 1837, and his son George's academic achievements.