Bank notes

President Roosevelt and Secretary of the Treasury George B. Cortelyou hold a “U.S. Treasury” pipe that is sending bonds and notes swirling around to large crowds of people.

comments and context

Comments and Context

William K. Starrett’s cartoon properly depicts the role of Treasury Secretary George B. Cortelyou in creatively addressing the crisis precipitated by the Panic of 1907 then sweeping Wall Street (and, in fact, money markets across the world). He and President Roosevelt approved the deposit of 25-million dollars into various banks; and that act is pictured by Starrett.

William Henry Porter writes to William Emlen Roosevelt. Porter worries about issuing a special currency unless it is a temporary emergency measure and discusses what he believes are the minimum and maximum taxation and interest rates for such currency.

Collection

Library of Congress Manuscript Division

Creation Date

1906-10-22

Paul Morton gives President Roosevelt his assessment on the currency question and other economic matters, and suggests that he contact Charles A. Conant or Frank A. Vanderlip if he wants unofficial expert advice. Morton likes the idea of Roosevelt issuing a manifesto on Cuba and suggests that there will never be a better time for it.

Collection

Library of Congress Manuscript Division

Creation Date

1906-09-14

Print shows Jeremiah O’Donovan Rossa spoon-feeding a promissory note that states “Pay the Bearer $5 When Ireland is Free” to an Irish servant girl labeled “Bridget”; on the floor between them is a hat labeled “Rossa” filled with golden eggs labeled “Money from Bridget”. On a table to the left is a large bowl filled with golden eggs labeled “Irish Contributions from Servant Girls”, and hanging on the wall at center are notices that state “Funds Wanted for Bleeding Ireland” and “Headqua[rters] of the Dynamite Coterie.” Broken eggs spill coins on the floor. Caption: Rossa “Begorra, we’ll never kill her while her appetite lasts!”

Collection

Library of Congress Prints and Photographs

Creation Date

1883-08-22

S. W. Holladay sends President Roosevelt his essay presenting twenty-two principles for a sound monetary policy.

Collection

Library of Congress Manuscript Division

Creation Date

1903-08-31

Henry Scanlan Kerr lays out a plan for a new currency system.

Collection

Library of Congress Manuscript Division

Creation Date

1903-08-29