Letter from Leslie M. Shaw to George B. Cortelyou
Subject(s): Banking law, Bonds, Hanna, Marcus Alonzo, 1837-1904, Morgan, J. Pierpont (John Pierpont), 1837-1913, Wilson, Luther B. (Luther Barton), 1856-1928
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Secretary of the Treasury Shaw returns a letter from Luther B. Wilson pertaining to the National Bank Act. Upon request of President Roosevelt, he then submits three observations about this act: the plan is too detailed; nine Currency Commissioners is too many – Shaw suggests a board of three; and no new government bonds should be issued because the country would never accept the issuance of new bonds during peace time. Shaw likens issuing bonds because banks want them to issuing money because the public wants it.
Collection
Library of Congress Manuscript Division
Creation Date
1902-04-11
Creator(s)
Shaw, Leslie M. (Leslie Mortier), 1848-1932
Recipient
Cortelyou, George B. (George Bruce), 1862-1940
Language
English
Period
U.S. President – 1st Term (September 1901-February 1905)
Repository
Library of Congress Manuscript Division
Page Count
2
Production Method
Record Type
Multi-image
Resource Type
Rights
These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.
Citation
Cite this Record
Chicago:
Letter from Leslie M. Shaw to George B. Cortelyou. [April 11, 1902]. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o37528. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Shaw, Leslie M. (Leslie Mortier), 1848-1932. Letter from Leslie M. Shaw to George B. Cortelyou. [11 Apr. 1902]. Multi-image. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. December 11, 2025. https://www.theodorerooseveltcenter.org/digital-library/o37528.
APA:
Shaw, Leslie M. (Leslie Mortier), 1848-1932.: , [1902, April 11]. Letter from Leslie M. Shaw to George B. Cortelyou. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o37528.
Cite this Collection
Chicago:
Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. December 11, 2025. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
APA:
Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
