Wildcat Money
WILDCAT MONEY
WILDCAT MONEY was currency issued by wildcat banks during the nineteenth century, particularly during the period 1830–1860. Wildcat banks earned their name by locating their main offices in remote places where it would be difficult for noteholders to present notes for payment. Bankers would often start wildcat banks with specie borrowed just long enough to show the banking commissioners, leaving the banks themselves with insufficient hard money to do legitimate business. These banks created a confusion in the currency and led the secretary of the treasury, Salmon P. Chase, to demand a national bank currency.
BIBLIOGRAPHY
Bray, Hammond. Banks and Politics in America, from the Revolution to the Civil War. Princeton, N.J.: Princeton University Press, 1957.
James D. Magee / s. b.
See also Banking: Bank Failures ; Financial Panics ; Money ; Specie Circular .
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Benzene
Encyclopedia entry from: Encyclopedia of Public Health
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benzene
Book article from: The Columbia Encyclopedia, Sixth Edition
benzene , colorless, flammable, toxic liquid with a...deg;C and solidifies at 5.5°C. Benzene is a hydrocarbon , with formula C 6 H 6 . The simplest picture of the benzene molecule, proposed by the German chemist Friedrich...
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benzene hexachloride
Book article from: The Columbia Encyclopedia, Sixth Edition
benzene hexachloride see insecticides .
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benzene ring
Book article from: The Oxford Pocket Dictionary of Current English
ben·zene ring • n. Chem. the hexagonal unsaturated ring of six carbon atoms present in benzene and many other aromatic molecules.
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dimethyl benzene
Book article from: The Columbia Encyclopedia, Sixth Edition
dimethyl benzene see xylene .
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