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Letter to Editor May 7, 1792

National Gazette

Philadelphia, Philadelphia County, Pennsylvania

What is this article about?

A correspondent proposes satirical emblems on national debt certificates to depict the fraud and hardship suffered by original holders like Revolutionary War soldiers, widows, and officers, contrasted with speculators' gains and government inaction.

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OCR Quality

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Full Text

A correspondent, who has always considered the persons to whom the certificates of our national debt were originally issued, as grossly defrauded and injured by our government, proposes that each certificate in the new dress given to it in the Secretary's office, should have the following DEVICES inscribed upon it, according to its denomination.

1. The bloody arm of a soldier.
2. The wooden leg of a soldier.
3. A Soldier's heart pierced with a bayonet.
4. The broken heart of a widow of a whig of 1776.
5. A continental colonel's widow, with six children dying on a salted herring and two potatoes.
6. A continental major begging his bread with his family on his way to Kentucky.
7. A continental captain confined in jail for a debt of 50 shillings.
8. A speculator driving his carriage over a soldier on a pair of crutches, in the streets of Philadelphia.
9. A sloop sailing towards Charleston, belonging to Duer & Co. to buy up the certificates of the southern states at 26 in the pound.
10. A speculator galloping thro' the remote counties of every state and cheating the farmers out of their certificates.
11. A ship sailing towards Great-Britain with four millions of Specie, being the annual interest of the national debt paid to European brokers.
12. A Coffee house crowded with speculators (instead of millers and merchants) attending the sale of stock.
13. A coronet—a Star and garter.
14. A sceptre, a crown, and a throne.
15. A Ring to denote the irredeemability of the public debt, or that the evils produced by the certificates will have no end.

What sub-type of article is it?

Satirical Provocative Political

What themes does it cover?

Economic Policy Politics Morality

What keywords are associated?

National Debt Certificates Soldiers Widows Speculators Government Fraud Revolutionary War Satirical Devices

What entities or persons were involved?

A Correspondent

Letter to Editor Details

Author

A Correspondent

Main Argument

the original holders of national debt certificates, such as soldiers and widows from the revolution, have been defrauded by the government and speculators; inscribe satirical devices on new certificates to symbolize their suffering and the ongoing injustice.

Notable Details

Bloody Arm Of A Soldier Wooden Leg Of A Soldier Soldier's Heart Pierced With A Bayonet Broken Heart Of A Widow Of A Whig Of 1776 Continental Colonel's Widow With Six Children Dying On A Salted Herring And Two Potatoes Continental Major Begging His Bread Continental Captain In Jail For 50 Shillings Debt Speculator Driving Carriage Over Soldier On Crutches In Philadelphia Sloop Of Duer & Co. Buying Certificates At 26 In The Pound Speculator Cheating Farmers Ship To Great Britain With Four Millions Of Specie Interest Coffee House Crowded With Speculators Coronet, Star And Garter Sceptre, Crown, And Throne Ring Denoting Irredeemability Of Public Debt

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