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Home » Browse » Economics » WEBSTER, Pelatiah. - Political Essays on the Nature and Operation of Money, Public Finances, and other Subjects: Published during the American War, and continued up to the present Year 1791.
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WEBSTER, Pelatiah.

Political Essays on the Nature and Operation of Money, Public Finances, and other Subjects: Published during the American War, and continued up to the present Year 1791.

Published: Philadelphia: Joseph Crukshank, 1791

Stock code: 95541

Price: £5,500

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First collected edition, containing twenty-five essays and two tables, at least one essay previously unpublished, as well as a new preface and notes. Webster was one of the leading nationalists of the 1780s, a prolific and highly effective publicist on behalf of a federal constitution and national economic institutions, especially a central bank. Indeed, his writings had a major influence on the establishment of the First Bank of the United States. Included in the present work are his tracts favouring the creation of a Secretary of Finance under the articles of Confederation, the Bank of North America and the First Bank of the United States, and supporting the adoption of the constitution. Also included is Webster’s prophetic essay outlining the future constitution, Dissertation on Political Union, first published in 1783. Jefferson had three of these essays in his library, the Essay on Credit (Sowerby 3036), the Plea for the poor soldiers (ibid. 3153) and the Remarks on the address of Sixteen Members of the Assembly of Pennsylvania (ibid. 3019).

Octavo (198 123 mm). Contemporary sprinkled sheep, flat spine ruled gilt in compartments, red morocco label. Ownership inscription “Zeb’h Tracy’s Book” to head of title, with note to the front free endpaper “Given me by Miss Emily Tracy on my 60th birthday anniversary June 20. 1896. O.V.C.” with the printed library bookplate of the Middlesex County Historical Society of Connecticut, noting the book as a gift from Mrs O. V. Coffri in 1906. Short crack at top and bottom of front cover joint, corners worn, exposing board, one or two ink splashes to front cover. Some light spotting and the occasional marginal pencil mark; a fine copy in a very well preserved contemporary binding.

Bibliography: Evans 239; Goldsmiths' 14940; Howes 211; Kress B.2235; Sabin 102413.

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