(Boston: Benjamin H. Greene, 1844).

FIRST EDITION TO INCLUDE THE NAME OF THE AUTHOR ON THE TITLE-PAGE, SECOND EDITION OVERALL. The work, in the form of a long letter discusses the failure of the bank in Pennsylvania which attempted to take the place of a previously existing National Bank. The failure of the bank is discussed at length in this letter to a European lady in order to answer the queries of European investors and Americans living abroad. The bank in question was not a federal institution but rather a privately run state sanctioned institution which attempted to take on the role of a federal bank. Cary also discusses national and state debts and many of the most important issues of the day such as slavery, lynch laws, dishonesty, the tyranny of public opinion, the security of property, elections and the strength of the government and the concept of government in place in the United States. He attempts to explain the course of things in the new country and defend its manner of resolution and change against the admonitions and complaints of writers such as Charles Dickens and Capt. Marryat. Item #70148

Second Edition overall, first edition with the author's name appearing on the title-page. 8vo, original disbound wraps now bound into a full calf binding. iv, 60 pp. An as near fine copy, the text-block is crisp and clean, the binding in excellent condition, there is old, nearly invisible evidence of a very light water stain which does not affect in any significant way the appearance of the book or its usefulness.