[Rarebooks] FS: Scarce Signed Presidential book: Causes of the Gold Panic, SIGNED by James Garfield

Charles Agvent agvent at erols.com
Mon Dec 22 10:12:06 EST 2008


One of 150 interesting items included in our HOLIDAY 2008 Catalogue now 
posted on our web site.  Included are beautifully bound classics, signed 
books, fine press titles, poetry, illustrated books, and the unusual.

GARFIELD,  James  A.  INVESTIGATION INTO THE CAUSES  OF  THE  GOLD
PANIC.  REPORT  OF  THE  MAJORITY  OF THE  COMMITTEE  ON  BANKING  AND
CURRENCY,  MARCH 1, 1870. Washington: Government Printing Office 1870.
First  Edition.  Original green cloth. SIGNED by the future  President
on  the front free endpaper: "Respects of J. A. Garfield." At the time
of  this report Garfield was chairman of the Committee on Banking  and
Currency  under President U. S. Grant. In the fall of 1869, financiers
Jay  Gould and James Fisk attempted to corner the gold market,  hoping
to  reap a windfall profit when the government needed to buy gold  and
redeem  the paper "greenbacks" issued during the Civil War. The scheme
included   Grant's  brother-in-law  Abel   Corbin  and  the  Assistant
Treasurer  of the United States, Daniel Butterfield. Grant  eventually
discovered  the  plot and ordered the market flooded  with  government
gold  to break the speculators' stranglehold on the market. The report
includes  transcripts  of  Gould's  and Fisk's  testimony  before  the
committee.  Books  signed  by Garfield are among the scarcest  of  all
presidents.  Garfield  served  only four months  as  President  before
being  shot  by  Charles  Guiteau. His term was  the  second  shortest
served  by  a  President.  Slight fraying to  spine  tips;  Near  Fine
                                                             $15,000.00

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CHARLES AGVENT
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