About this Item
Folio, 582pp. The Index and No. 73 are bound out of order at the end, but complete. 73 issues, from December 5, 1829 through November 24, 1830. Disbound. Except as noted, Very Good. Condy Raguet [1784-1842], born and raised in Philadelphia, was a founder of the Philadelphia Savings Fund Society, the first savings bank in the United States. A Federalist in his early career, he won a seat in the Pennsylvania House of Representatives in 1815, and in the Pennsylvania State Senate in 1818. President Monroe appointed him Consul to Brazil; President J.Q. Adams then made him the first U.S. Ambassador to Brazil. After the Panic of 1819 Raguet became one of the most important, articulate advocates of free trade in the Nation. Economic opinion in his hometown, Philadelphia, was dominated by protectionists like Mathew Carey. Raguet sought to counter Carey's influence and rival Hezekiah Niles's protectionist Weekly Register. Raguet's Prospectus, appearing on the first page of The Banner's first issue, explains his intention to attract "the general reader" to his opinions, and to give The Banner a wider circulation than its predecessor, 'The Free Trade Advocate and Journal of Political Economy.' The Banner would appear in three volumes, expiring in December, 1832. Raguet warns against monopolies, which are "perpetually seeking to enlarge one particular interest at the expense of the rest." The Banner opposed all monopolies, whether agricultural, commercial, or manufacturing; and printed, not only material affecting commercial activities and explaining the benefits of free trade, but all news affecting the polity, including important court cases, Congressional actions, and presidential decisions. Lomazow 235. OCLC records only a few locations under several accession numbers, as of May 2025.
Seller Inventory # 40954
Contact seller
Report this item
