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A HISTORY OF BANKING.

been more than eighty failures. The best explanation which was offered of these incidents was that they were due to weakness left behind by the crisis of 1819, in which Boston was not spared, although it had been outside of the earlier troubles between 1814 and 1817.[1]


  1. 22 Niles, 161, 245, 353; 23 Niles, 358.