Excerpt from History of the United States of America During the First Administration of James Madison, Vol. 2 Eldon, and convulsions that shook the world never stirred the composure of these men. The capital and credit on which England's power rested were swept away; the poorer classes were thrown out Of employ ment; the price' of wheat,1 which averaged in 1807 seventy-eight shillings per quarter of eight bushels, in 1808 eighty-five shillings, and in 1809 one hundred and six shillings, in 1810 rose to one hundred and ...
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Excerpt from History of the United States of America During the First Administration of James Madison, Vol. 2 Eldon, and convulsions that shook the world never stirred the composure of these men. The capital and credit on which England's power rested were swept away; the poorer classes were thrown out Of employ ment; the price' of wheat,1 which averaged in 1807 seventy-eight shillings per quarter of eight bushels, in 1808 eighty-five shillings, and in 1809 one hundred and six shillings, in 1810 rose to one hundred and twelve shillings, or about three dollars and a half a bushel, and remained at or above this rate until the autumn of 1813; while abroad, the Spanish peninsula was subdued by Napoleon, whose armies occupied every part of Spain and Portugal except Cadiz and Lisbon. Sweden, the last neutral in Europe, elected a French general of Bonaparte's family as king, and immedi ately afterward declared war on England; and the United States closed their ports to British com merce, and menaced a declaration of war. The ex ports of Great Britain fell off one third in the year 1811. The sources of England's strength showed stion. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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