Commerce In Abingdon In 1815

Some Of The Names On The Petition

Citizens of Abingdon: Petition
Subject: Banks/Banking
Source: Legislative Petitions-Gen. Assembly, 1776-1865, Accession No. 36121, Box 250, Folder 8
Abstract: Ask for the establishment of a bank in the town of Abingdon.
Date Issued: 1815-12-13

Note: If Source link is timed out, try this link and use Abingdon for the keyword

"...That the establishment in Abingdon of an office of Discount and Deposit of one of the banks of Virginia would be productive of many and important advantages to the citizens of the State west of the Great Kenhawa...".

"...discovery of valuable gypsum...".

"...salt, lead, and iron...and the County of Wythe...".

"The farmers in this quarter of the State are turning their attention to the raising of merino sheep, and factories for the making of woolen cloth will shortly be erected."  "Cotton factories will also soon be established."

"....the navigation of the Holston River will be attended to and improved."

"Abingdon is a flourishing inland town situated two hundred miles west of Lynchburg on the main western road leading from the City of Washington to Tennessee and the Mississippi Territory.  In it there are now several large and extensive mercantile houses, who carry on business in dealing with the adjacent County; and who are the principals of many considerable mercantile establishments in the State of Tennessee.  There are also about the town and immediately adjoining to it, five factories of leather; also manufacturing establishments of saddles, bridles, and harnesses....boots and shoes, of hats, optic? ware, clock and watchmakers...chair makers, cabinet makers, wagon makers, carpenters and joiners, blacksmiths....".

"The partnerships which exist between the merchants of Tennessee and Abingdon also increases this trade."  The notes of the Banks of Tennessee as your petitioners are informed will not be received in payment in the mercantile cities.  This cannot well be remedied by any exertions of her citizens, because the balance of trade is largely against them....".