NICHOLAS BIDDLE Signed 1826 Bank of the U.S. Form

Autographs
1831 Nicholas Biddle Signed "Bank of the United States" Exchange Draft Issued to William Findlay, Treasurer of the the [United States] Mint
NICHOLAS BIDDLE (1786-1844). Nicholas Biddle was an American financier who served as the third and last President of the Second Bank of the United States. Throughout his life Biddle worked as an editor, diplomat, author, and politician who served in both houses of the Pennsylvania State legislature.
WILLIAM FINDLAY (1768-1846). President Andrew Jackson appointed as Director of the U.S. Mint in Philadelphia, held until 1841; Governor of Pennsylvania from 1817-1820; served in the State Legislature, was elected State Treasurer in 1807; and Senator to 1827.
August 19, 1831-Dated, Philadelphia, PA, The (Second) Bank of the United States, Third of Exchange Draft in Sterling Signed, "N(icholas) Biddle" as bank President, Payable for Baring Bros., Very Fine. Haxby US-2 Not listed. Uniface printed on clean evenly toned quality wove bond period paper. Corner tips affacted by prior mounting. This Partially-Printed official form with imprint of Murray, Draper, Fairman & Co. American Heraldic Eagle Top central vignette. Hand accomplished complete and in full, boldly Signed in deep vivid brown by "N. Biddle," as Pres.t of the Bank of the United States at lower right. Top central margin with historic vignette with Heraldic American Eagle spread wings with "Bank of the United States" above.
Issued to Baring Brothers, the bank's English agent. Endorsed on verso by Findlay payable to "Mathew R. Boulton in this value in amount with the Mint of the United States". Biddle was President of the Second Bank of the United States from 1822 until 1834. Boulton is also possibly the Matthew R. Boulton, a partner with James Watt in the Soho Manufactory in Birmingham, England. That firm being the famous "Soho Mint" in Brimingham, England, which produced steam-powered coining machinery. A similar signed form located in The Gilder Lehrman Institute of American History under their Banking & Economics; Government & Politics; Foreign Affairs theme.
Nicholas Biddle (January 8, 1786 " February 27, 1844) was an American financier who served as the Third and last President of the Second Bank of the United States (chartered 1816"1836). Throughout his life Biddle worked as an editor, diplomat, author, and politician who served in both houses of the Pennsylvania state legislature. He is best known as the chief opponent of President Andrew Jackson in the "Bank War".
Born into the illustrious Biddle family of Philadelphia, young Nicholas worked for a number of prominent officials, including John Armstrong Jr. and James Monroe. In the Pennsylvania state legislature, he defended the utility of a national bank in the face of Jeffersonian criticisms.
From 1823 to 1839, Biddle served as President of the Second Bank, during which time he exercised power over the nation's money supply and interest rates, seeking to prevent economic crises.
With prodding from Henry Clay and the Bank's major stockholders, Biddle engineered a bill in Congress to renew the Bank's federal charter in 1832. The bill passed Congress and headed to President Andrew Jackson's desk. Jackson, who expressed deep hostility to most banks, vetoed the measure, ratcheting up tensions in a major political controversy known as the Bank War.
When Andrew Jackson transferred the federal government's deposits from the Second Bank to several state banks, Biddle raised interest rates, causing a mild economic recession. The federal charter expired in 1836, but the bank continued to operate with a Pennsylvania state charter until its ultimate collapse in 1841.
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William Findlay (June 20 1768 - November 12 1846) was Governor of Pennsylvania from 1817 to 1820. A Jeffersonian Democrat, and lawyer by training, Findlay served in the state legislature and was elected state treasurer in 1807.
He remained in this position until 1817 when he was nominated for the post of Governor in the state's first open convention. He was the first Governor to lead the state from its new capital of Harrisburg, running many of the functions of government out of his own home while the new capitol building was under construction.
Findlay was defeated for re-election in 1820 by Joseph Hiester, but was elected to the U.S. Senate in 1821 and later Served as Director of the U.S. Mint.
He is interred at Harrisburg Cemetery.
Findlay Township in Western Pennsylvania and Findlay Commons on the campus of Penn State University are both named for Governor Findlay.
KEYWORDS:
Andrew Jackson, Banking History, United States Currency Printing, Currency History, Fiat Money, Printing History, Bank of the United States, American Paper Money