ARP399 The Financial Crisis of 1797

The war in Europe, and the Bank of England's failure to supports its own banknotes, triggers a financial crisis in America. Among the casualties is Robert Morris. The once-richest man in America spends years in debtors' prison.

This episode's, ⁠blog entry⁠, at⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠blog.AmRevPodcast.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ includes a complete transcript, as well as more resources related to this week's episode.

Book Recommendation of the Week:⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠Empire of Liberty: A History of the Early Republic, , 1789-1815, by Gordon S. Wood

Online Recommendation of the Week: "Paper Money, The Nation, and the Suspension of Cash Payments in 1797" The Historical Journal, 2015. http://www.jstor.org/stable/24531987

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