29
JAY, JOHN. Autograph Letter Signed, to his son Peter Augustus Jay ("Dear Peter"),
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Notes: ". . . On the 23 inst. Mr. Griggs brought me a Letter of the 6th inst. from Mr. Ryerson--He values the Land at $ 20 pr. acre--He thinks the price will not continue to rise, on acc[oun]t of the Emigrations from Sussex [County, NJ?] to the western country. I told Mr. Griggs . . . that on considering the present State of our Banks, I had concluded to postpone selling any land. . . .
". . . I also observed to Mr. Ryerson, that in case I should hereafter sell, the good tenants should have the first offer. . . .
"Before Nancy left us, she doubted our having a sufficient supply of butter for the winter--on recollecting this circumstance, I think she would do well to purchase and send a Firkin [amount of butter] from N York, where it is probably less dear than here . . . ."
After the charter of the Bank of the United States expired in 1811, no national bank existed until the Second Bank of the United States was chartered in 1815; in the interim, the U.S. economy suffered from the effects of the War of 1812.
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| From: | To: | Increments: |
|---|---|---|
| $0 | $149 | $10 |
| $150 | $499 | $25 |
| $500 | $999 | $50 |
| $1,000 | $1,999 | $100 |
| $2,000 | $5,999 | $200 |
| $6,000 | $9,999 | $500 |
| $10,000 | $19,999 | $1,000 |
| $20,000 | $49,999 | $2,000 |
| $50,000 | $99,999 | $5,000 |
| $100,000 | $199,999 | $10,000 |
| $200,000 | $499,999 | $20,000 |
| $500,000 + | $50,000 |