icanhelp1
Literotica Guru
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- Mar 23, 2019
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James Wilson:
He did fall victim to bad debt issues due to bad land deals and did serve 2 short periods of time in debtor prison which was unfortunate. He fell victim to the great panic of 1796-1797 the collapse of a land bubble. The early beginnings of our government was a period of great debt and instability of our fledgling economy and worthless currency as a result of the revolutionary war. Many fell victim to fraud land deals including Wilson. The less wealthy, like Wilson, fell victim to land speculation. The British added to America's financial woes by passing the Bank Restriction Act causing the collapse of America's " HOUSE of PAPER ". Many prominent men were sentenced to debtor prison.
To categorize Wilson as *IMMORAL* is a stretch. He accomplished many great things. You have to take into consideration *at that time* every action, every decision tested the blueprint of governing outlined by the new constitution and the First Congress. Debt was a burden and influenced his tenure as a SCJ, he was a staunch constitutionalist with an unyielding belief in national government.
He did fall victim to bad debt issues due to bad land deals and did serve 2 short periods of time in debtor prison which was unfortunate. He fell victim to the great panic of 1796-1797 the collapse of a land bubble. The early beginnings of our government was a period of great debt and instability of our fledgling economy and worthless currency as a result of the revolutionary war. Many fell victim to fraud land deals including Wilson. The less wealthy, like Wilson, fell victim to land speculation. The British added to America's financial woes by passing the Bank Restriction Act causing the collapse of America's " HOUSE of PAPER ". Many prominent men were sentenced to debtor prison.
To categorize Wilson as *IMMORAL* is a stretch. He accomplished many great things. You have to take into consideration *at that time* every action, every decision tested the blueprint of governing outlined by the new constitution and the First Congress. Debt was a burden and influenced his tenure as a SCJ, he was a staunch constitutionalist with an unyielding belief in national government.