The Cause of the Panic of 1837 was Slavery
Bacon, Leonard. THE DUTIES CONNECTED WITH THE PRESENT COMMERCIAL DISTRESS. A SERMON, PREACHED IN THE CENTER CHURCH, NEW HAVEN, MAY 21, 1837, AND REPEATED, MAY 23. Printed by Hitchcock and Stafford. 18 pgs. Bacon argues that the cause of the Panic of 1837, a financial crisis in the United States, touched off a major depression which lasted until the mid-1840’s. Bacon is arguing in this sermon that that panic was caused by slavery. Dbd. Vg cond. $165.00