[Rarebooks] FS: James Garfield on the Gold Panic, 1870, SIGNED

Charles Agvent chagvent at ptd.net
Mon Feb 15 10:38:56 EST 2010


 From one of the largest and finest selections of Signed Presidential 
books offered for sale anywhere, with items added frequently.  See many 
more at http://www.charlesagvent.com

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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