Andrew Richey, Clinton, Mississippi, to his parents, Ireland, September 1837
Description
Andrew Richey writes to his parents expressing the sadness of missing his brother and with the heaviness of business falling on him alone. He relates that the panic of the recent widespread banking failure has passed but most banks are "suspended" with some failed. Many in the "Commerce & the Mercantile Community" have been "prostrated" by the failures, caused overall by "over speculation". James's own merchant business carries on, even though in the worst of times. He is glad "Brother & Sister Cordner "did not come out to America yet with reports of 'passengers arriving to New York and Philadelphia without number".