logo

Quotes About 1838

Leading the boom of 1838 were state governments, who, finding themselves with the unexpected windfall of a distributed surplus from the federal government, proceeded to spend the money wildly and borrow even more extravagantly on public works and other uneconomic forms of 'investment.'
~ Murray Rothbard
Once home [in 1838], Albert prepared a small album of scenes he had drawn on the journey, a dried 'Rose des Alpes, and a scrap of Voltaire's handwriting he had obtained from an old servant of the philosopher at Verney, and posted the souvenir to Victoria. Years later she attested it was 'one of her greatest treasures.
~ Stanley Weintraub