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Updated: May 15, 2025
Geologists, naturally a humble and helpless class, might not revenge impertinences offered to their science; but capitalists never forgot or forgave. With labor and caution he made one long article on British Finance in 1816, and another on the Bank Restriction of 1797-1821, and, doing both up in one package, he sent it to the North American for choice.
His principles assured him that the honest way to resume payments was to restrict currency. He thought he might win a name among financiers and statesmen at home by showing how this task had been done by England, after the classical suspension of 1797-1821.
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