1819 (MDCCCXIX) was a common year starting on Friday of the Gregorian calendar and a common year starting on Wednesday of the Julian calendar, the 1819th year of the Common Era (CE) and Anno Domini (AD) designations, the 819th year of the 2nd millennium, the 19th year of the 19th century, and the 10th and last year of the 1810s decade.
- Post-war European readjustments and the American economy: 1815–1818
- Unregulated banking and the imperatives of Republican enterprise
- Resurrection of the Bank of the United States
- Prelude to panic: 1816–1818
- Panic "precipitated"
The Panic of 1819 was the first widespread and durable financial crisis in the United States and some historians have called it the first Great Depression. It was followed by a general collapse of the American economy that persisted through 1821. The Panic heralded the transition of the nation from its colonial commercial status with Europe toward an independent economy. Though the downturn was driven by global market adjustments in the aftermath of the Napoleonic Wars, its severity was compound
The United States and the United Kingdom signed the Treaty of Ghent on December 24, 1814, ending the War of 1812. The British government effectively relinquished its effort to impose mercantilist policies on the United States, preparing the way for the development of free trade and the opening of America's vast western frontier. Europe was undergoing a period of disorganization as it readjusted to peacetime production and commerce in the aftermath of the Napoleonic Wars. The general effect was a
With the failure to recharter the First Bank of the United States in 1811, regulatory influence over state banks ceased. Credit-friendly Republicans—entrepreneurs, bankers, farmers—adapted laissez-faire financial principles to the precepts of Jeffersonian political libertarianism—equating land speculation with "rugged individualism" and the frontier spirit. Private banking interests and their allies sought to evade or resist any threat to the profitability of their local enterprises ...
The Democratic-Republican party found itself in control of the national government with the collapse of the Federalist party at the end of the War of 1812. Some of the traditional Jeffersonian agrarian precepts—especially strict construction of the Constitution—had ...
In the crucible of the War of 1812, the Treasury of the United States had been compelled to offer $16 million in government war bonds in order to stave off bankruptcy due to military costs and wartime loss of revenue. Financier Stephen Girard, business magnate John Jacob Astor an
The revival of the Bank of the United States had two primary objectives: first, to reverse the post-war inflationary practices of state-chartered banks by inducing resumption of convertibility, and second, to expand the opportunities for the common man to acquire bank credit, pro
President of the United States James Madison and Secretary of the Treasury Alexander Dallas fully approved the elevation of William Jones—one of the federally appointed Bank directors—to SBUS President in October 1816. Jones, formerly a member of Madison's cabinet, owed his promotion more to his political acumen than his skills as a banker. Financier and co-director Stephen Girard was troubled at Jones' promotion, concerned that he could never provide disinterested leadership for the ...
The onset of the financial panic has been variously described as "triggered", "pricked", or "precipitated" by the Second Bank of the United States when it initiated a sharp credit contraction beginning in the summer of 1818. The eruption of Mount Tambora in 1815 had created the Year Without a Summer, causing European agriculture to fail that year. The link between the frontier land boom and overseas markets for staple goods was dramatically revealed in 1817, when Europe finally recovered from it
- Further Reading
1. President: James Monroe (DR-Virginia) 2. Vice President: Daniel D. Tompkins (DR-New York) 3. Chief Justice: John Marshall (Virginia) 4. Speaker of the House of Representatives: Henry Clay (DR-Kentucky) 5. Congress: 15th (until March 4), 16th(starting March 4)January 2 – The Panic of 1819, the first major financial crisisin the United States, begins.January 25 – Thomas Jefferson founds the University of Virginia.January 30 – Romney Literary Society established as the Polemic Society of Romney, West Virginia.February 2 – The Supreme Court under John Marshall rules in favor of Dartmouth College in the famous Dartmouth College v. Woodwardcase, allowing Dartmouth to keep its charter and remain a private i...January 3 – Thomas H. Watts, 18th Governor of Alabama, 3rd Confederate States Attorney General (died 1892)January 22 – Morton S. Wilkinson, U.S. Senator from Minnesota from 1859 to 1865 (died 1894)February 12 – William Wetmore Story, sculptor, art critic, poet and editor (died 1895)February 22 – James Russell Lowell, poet (died 1891)February 5 – Hannah Van Buren, wife of Martin Van Buren, 8th President of the U.S. (born 1783)March 8 – Benjamin Ruggles Woodbridge, doctor and Massachusetts militia commander (born 1739)April 15 – Oliver Evans, inventor and pioneer in the fields of automation and steam power (born 1755)May 22 – Hugh Williamson, Founding Father (born 1735)Slavery in Virginia, 1819. Proceedings of the Massachusetts Historical Society, Third Series, Vol. 43, (October, 1909 – June, 1910)Letter of William Wirt, 1819. The American Historical Review, Vol. 25, No. 4 (July, 1920), pp. 692–695J. Wilfrid Parsons. The Catholic Church in America in 1819: A Contemporary Account. The Catholic Historical Review, Vol. 5, No. 4 (January, 1920), pp. 301–310Report of Inspection of the Ninth Military Department, 1819. The Mississippi Valley Historical Review, Vol. 7, No. 3 (December, 1920), pp. 261–274
1819. De Wikipedia. Saltar a navegación Saltar a la gueta. Añu 1819. Años: 1816 1817 1818 - 1819 - 1820 1821 1822. Décades: Años 1780 Años 1790 Años 1800 - Años 1810 - Años 1820 Años 1830 Años 1840. sieglos:
"England in 1819" is a political sonnet by the English Romantic poet Percy Bysshe Shelley which reflects his liberal ideals.
The poem was composed in 1819, but it was not published until 1839 in the four-volume The Poetical Works of Percy Bysshe Shelley edited by Mary Shelley. Like all sonnets, "England in 1819" has fourteen lines and is written in iambic pentameter, but its rhyming scheme differs from that of the traditional English sonnet.
The sonnet describes a very forlorn reality. The poem passionately attacks, as the poet sees it, England's decadent, oppressive ruling class. King George III is described as "old, mad, blind, despised, and dying". The "leech-like" nobility metaphorically suck the blood from the people, who are, in the sonnet, oppressed, hungry, and hopeless, their fields untilled. Meanwhile, the army is corrupt and dangerous to liberty, the laws are harsh and useless, religion has lost its morality, and Parliame
- Percy Bysshe Shelley
List of shipwrecks: 1 January 1819 Ship Country Description Basseterre United Kingdom: The ship caught fire at Greenock, Renfrewshire and was scuttled. General Brown United Kingdom: The ship was wrecked on the Santa Pilly Rocks. She was on a voyage from Bengal, India to Gibraltar. All on board survived. George Washington United States