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A Kentucky Merchant's Problems in the Early Nineteenth Century

Published online by Cambridge University Press:  24 July 2012

Elva Tooker
Affiliation:
Research Assistant in Business History

Extract

The eastern merchant who dealt with the West in the early nineteenth century was faced with many problems. But the western merchant was still worse off. Both sets of difficulties, particularly those of the latter, are illustrated in the correspondence between Christian Shultz and his various partners, of Maysville, Kentucky, and the metal-selling firm of Nathan Trotter & Co., of Philadelphia. These letters are found in the Trotter collection in the Baker Library.

Type
Other
Copyright
Copyright © The President and Fellows of Harvard College 1934

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References

page 81 note 1 (a) Shultz & Chalfont, first Daybook debit, Dec. 12, 1815, and last credit, Feb. 25, 1817; (b) Shultz, Hixson & Co., first Daybook debit, July 15, 1817, and last Daybook credit, Aug. 13, 1825 — the firm dissolved June 1, 1819; and (c) F. Frank & Co., first Daybook debit, Sept. 4, 1818, and last credit, June 12, 1821.

page 81 note 2 Hildreth, R., Banks, banking and paper currencies, pp. 7577.Google Scholar

page 81 note 3 Sumner, William Graham, A History of Banking in the United States, chap. X.Google Scholar

page 82 note 1 In 1816 and 1817 they remitted drafts on Philadelphia firms and checks on the United States Bank. Trotter's bill called for “Philadelphia currency.”

page 82 note 2 Not in the Trotter Collection.

page 83 note 1 Montgomery & Son.