Langdon Cheves and Nicholas Biddle: New Data for a New Interpretation*

David McCord Wright

The Journal of Economic History, 1953, vol. 13, issue 3, 305-319

Abstract: Few men have had a worse posthumous press than Langdon Cheves of South Carolina, second president of the Second Bank of the United States. He has generally been portrayed as an able lawyer but ignorant of economics and banking—and often as a narrow deflationist who saved the Bank but ruined the country. Vexed by criticism, he is frequently supposed to have gladly bowed out in favor of the better trained Nicholas Biddle.

Date: 1953
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