ON THE

CURRENCY AND BANKING SYSTEM

OF THE

UNITED STATES.

BY ALBERT GALLATIN.

Philadelphia :

CAREY & LEA.-CHESTNUT STREET.

1831.

ADVERTISEMENT.

THIS Essay was prepared for the American Quarterly Review of December, 1830. The labor of digesting and condensing several hundred bank returns proved much greater than had been anticipated; and the time was too short for a thorough investigation. They have been now carefully examined, and the general results are, it is believed, as correct, as can be expected from the materials on hand. Several transpositions and verbal alterations have also been made; some short explanatory notes have been added; and tabular statements are annexed, which could not be inserted in a Review.

New-York, January 1st, 1831.