The U.S. presidential election of 1844 pitted James Polk, who favored the immediate annexation of Texas, against Henry Clay, who favored annexation only if other conditions were met. Financial-market data from that era provide important clues about the publics changing estimations of who would win.
Texas Treasury Notes and the Election of 1844
By Gary M. Pecquet, Clifford F. Thies
This
article
appeared in
the Fall 2006 issue of The Independent Review.
American HistoryBanking and FinanceEconomyElections and Election LawGovernment and PoliticsLaw and Liberty
Other Independent Review articles by Clifford F. Thies | ||
Summer 2016 | Reputation Overrides Record: How Warren G. Harding Mistakenly Became the Worst President of the United States | |
Fall 2014 | Repudiation in Antebellum Mississippi | |
Fall 2010 | The Shaping of a Future Presidents Economic Thought: Richard T. Ely and Woodrow Wilson at The Hopkins | |
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