The effects of this order were magnified by hitting at the same time as the failure of Wilkes, Wilde, and Wiggin in London.
The effects of this order were magnified by hitting at the same time as the failure of Wilkes, Wilde, and Wiggin in London. Leading to the failure of the "pet banks," it was engineered by Treasury Secretary (*) Levi Woodbury. Repealed by Congressional resolution a year after it resulted in the Panic of 1837, for 10 points— name this Jacksonian decree which allowed federal lands to be sold only for gold or silver.
The effects of this order were magnified by hitting at the same time as the failure of Wilkes, Wilde, and Wiggin in London.
Specie Circular