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    <eadid countrycode="US" identifier="knox_jj" mainagencycode="NSyU">knox_jj</eadid>
    <filedesc>
      <titlestmt>
        <titleproper encodinganalog="Title">John Jay Knox Letters</titleproper>
        <subtitle>An inventory of his
 letters at Syracuse University</subtitle>
        <author encodinganalog="Creator">KM</author>
      </titlestmt>
      <publicationstmt>
        <publisher encodinganalog="Publisher">&su_name;
          <lb/></publisher>&su_address;
        <date calendar="gregorian" encodinganalog="Date" era="ce" normal="1987-10">Oct 1987</date></publicationstmt>
    </filedesc>
    <profiledesc>
      <creation>[Derived from Summit]




        <date calendar="gregorian" era="ce" normal="2007-03-12">12 Mar 2007</date></creation>
      <langusage>
        <language encodinganalog="Language" langcode="eng">English</language>
      </langusage>
    </profiledesc>
    <revisiondesc>
      <list>
        <item>
	  24 Nov 2008 - converted to EAD (LDC)
        </item>
      </list>
    </revisiondesc>
  </eadheader>
  <archdesc level="collection" relatedencoding="MARC21" type="inventory">
    <did>
      <head>Overview of the Collection</head>
      <repository id="scrc" encodinganalog="852$a" label="Repository: ">&su_name;
        <lb/>&su_address;</repository>
      <origination label="Creator: ">
        <persname encodinganalog="100" source="lcnaf">Knox, John Jay, 1828-1892.</persname>
      </origination>
      <unittitle encodinganalog="245$a" label="Title: ">John Jay Knox Letters</unittitle>
      <unitdate encodinganalog="245$f" label="Inclusive Dates: " normal="1870/1894" type="inclusive">1870-1894</unitdate>
      <physdesc encodinganalog="300$a" label="Quantity: ">
        <extent encodinganalog="300$a">25 items (SC)</extent>
      </physdesc>
      <abstract encodinganalog="520$a" label="Abstract: ">Papers of the American banker, author, politician. Knox was president of the National Bank of the Republic. Personal and business correspondence reflecting the esteem with which Knox was held for his understanding of fiscal policy among economists (Francis M. Burdick, J. L. Laughlin, Horace White), journalists (H. C. Bowen, R. R. Bowker, William B. Dana, L. S. Metcalf), and politicians (A. S. Hewitt, John R. McPherson, R. C. Winthrop).</abstract>
      <unitid countrycode="US" encodinganalog="099" label="Identification: " repositorycode="NSyU">149229</unitid>
      <langmaterial encodinganalog="546" label="Language: ">
        <language langcode="eng">
                          English
                       </language>
      </langmaterial>
    </did>
    <bioghist encodinganalog="545">
      <head>Biographical History</head>
      <p>John Jay Knox (1828-1892) was an American banker, author, and politician who served as president of the National Bank of the Republic and helped prepare the Coinage Act of 1873 that officially dropped the silver dollar from U.S. coinage.</p>
      <p>Knox was born March 19, 1828 in Augusta (Oneida County), New York, the seventh child of John J. Knox and Sarah Ann Curtiss.  He graduated from Hamilton College in 1849, before working as a bank teller at the Bank of Vernon, where his father was president.  In 1862, Knox wrote an essay on the need for a national banking system that prompted Secretary of the Treasury Salmon P. Chase to appoint him to a clerkship position in the Treasury department. After holding several different positions, Knox was appointed Deputy Comptroller of the Currency in 1867 and promoted to Comptroller by President Ulysses S. Grant on April 24, 1872.  While in this position, Knox played an important role in the drafting of the Coinage Act of 1873 which eliminated the silver dollar making the gold dollar the unit of measure.  In May 1884, Knox resigned his post to accept a position as president of the National Bank of the Republic.</p>
      <p>On February 7, 1871, Knox married Caroline E. Todd with whom he had three sons and three daughters.  He died in New York City on February 9, 1892.</p>
    </bioghist>
    <scopecontent encodinganalog="520">
      <head>Scope and Contents of the Collection</head>
      <p>The



        <emph render="bold">John Jay Knox Letters</emph> consist of twenty-four incoming items and one outgoing, reflecting the esteem with which Knox was held for his understanding of the country's financial crisis among economists, journalists, and politicians.</p>
      <p>The



        <emph render="bold">Correspondence</emph> includes a number of speaking invitations (Henry Chandler Bowen, George Schneider, James Sturges, Horace White), and a letter from Abram S. Hewitt in which he reluctantly declines to hear Knox address the Commonwealth Club. White's invitation to address the Political Economy Club dinner includes a request for a copy of Knox's proposal for the rehabilitation of the national banking system. A letter from H. M. Alexander thanks Knox for a copy of his Pittsburgh address and promises to vote for him if he runs for comptroller of the currency.</p>
      <p>Several items of correspondence request articles by Knox elucidating his position with regard to overhauling the national banking system and establishing gold, rather than silver, as the unit of measurement of the currency.  H. C. Bowen asks Knox to contribute to a series of articles to be run in



        <emph render="italic">The Independent</emph> on the silver question, while Lorettus S. Metcalf requests an article for



        <emph render="italic">Forum</emph> on the banking system.  Also, William B. Dana agrees to publish Knox "communication" in



        <emph render="italic">The Commercial &amp; Financial Chronicle</emph>. Responding to the article which appeared in



        <emph render="italic">The Independent</emph>, Richard Rogers Bowker wrote:




        <blockquote>
          <p>I have looked over it with interest, and am, of course, inclined to trust your experienced judgment in matters connected with financiering. But it is always the case that it is not putting the money in but getting the money out of banks that makes the difficulty, as you yourself point out, and my own notion is that the danger from such a fiscal policy comes when danger should be carefully avoided.</p>
        </blockquote></p>
      <p>In addition there is considerable correspondence regarding the then recently deceased Secretary of the Treasury William Windom (Philetus Sawyer, John Aikman Stewart, George Wilson). In a letter to Jay Gould, Knox wrote:




        <blockquote>
          <p>I have the pleasure of informing you that the subscriptions for the benefit of the wife of the late Secretary of the Treasury have been paid and the fund transmitted with a book containing the names of the donors to Mrs. Ellen T. Windom.</p>
          <p>I have received this morning a letter from her acknowledging the receipt of my check for $53,000 in which she says "that I accept the testimonial with a degree of gratitude which I cannot express, and am deeply moved by the generosity of the gentlemen whose names accompany the check."</p>
        </blockquote></p>
      <p>A letter from George Wilson requests that Knox deliver a eulogy for Windom before the Chamber of Commerce of the State of New York.</p>
      <p>A letter from Francis Marion Burdick requests Knox to advise the Cornell University Senate concerning the suitability of James Laurence Laughlin for appointment to a chair in political economy, and a letter from Laughlin offers Knox assistance concerning various state histories.</p>
    </scopecontent>
    <arrangement encodinganalog="351$a">
      <head>Arrangement of the Collection</head>
      <p>The collection contains one series, Correspondence, which is arranged alphabetically.</p>
    </arrangement>
    <controlaccess>
      <head>Subject and Genre Headings</head>
      <subject encodinganalog="650" source="local">Business and Industry</subject>
      <persname encodinganalog="600" source="lcnaf">Atkinson, Edward, 1827-1905.</persname>
      <persname encodinganalog="600" source="lcnaf">Bowen, Henry Chandler, 1813-1896.</persname>
      <persname encodinganalog="600" source="lcnaf">Bowker, Richard Rogers, 1848-1933.</persname>
      <persname encodinganalog="600" source="lcnaf">Burdick, Francis M. (Francis Marion), 1845-1920.</persname>
      <persname encodinganalog="600" source="lcnaf">Dana, William B.</persname>
      <persname encodinganalog="600" source="lcnaf">Gould, Jay, 1836-1892.</persname>
      <persname encodinganalog="600" source="lcnaf">Hewitt, Abram S. (Abram Stevens), 1822-1903.</persname>
      <persname encodinganalog="600" source="lcnaf">Knox, John Jay, 1828-1892.</persname>
      <persname encodinganalog="600" source="lcnaf">Laughlin, J. Laurence (James Laurence), 1850-1933.</persname>
      <persname encodinganalog="600" source="lcnaf">McPherson, John R. (John Rhoderic), 1833-1897.</persname>
      <persname encodinganalog="600" source="lcnaf">Metcalf, Lorettus Sutton, 1837-1920.</persname>
      <persname encodinganalog="600" source="lcnaf">Taussig, F. W. (Frank William), 1859-1940.</persname>
      <persname encodinganalog="600" source="lcnaf">White, Horace, 1834-1916.</persname>
      <persname encodinganalog="600" source="lcnaf">Winthrop, Robert C. (Robert Charles), 1834-1905.</persname>
      <subject encodinganalog="650" source="lcsh">Bankers -- United States.</subject>
      <subject encodinganalog="650" source="lcsh">Banks and banking -- United States.</subject>
      <subject encodinganalog="650" source="lcsh">Finance, Public -- United States.</subject>
      <genreform encodinganalog="655" source="aat">Correspondence.</genreform>
      <occupation encodinganalog="656" source="lcsh">Bankers.</occupation>
    </controlaccess>
    <accessrestrict encodinganalog="506">
      <head>Access Restrictions</head>
      <p>The majority of our archival and manuscript collections are housed offsite and require advanced notice for retrieval. Researchers are encouraged to contact us in advance concerning the collection material they wish to access for their research.</p>
    </accessrestrict>
    <userestrict encodinganalog="540">
      <head>Use Restrictions</head>
      <p>Written permission must be obtained from SCRC and all relevant rights holders before publishing quotations, excerpts or images from any materials in this collection.</p>
    </userestrict>
    <prefercite encodinganalog="524">
      <head>Preferred Citation</head>
      <p>Preferred citation for this material is as follows:</p>
      <p>John Jay Knox Letters



        <lb/>&su_name;</p>
    </prefercite>
    <dsc type="combined">
      <head>Inventory</head>
      <c01 level="series">
        <did>
          <unittitle>Correspondence</unittitle>
        </did>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Alexander, Henry Martyn</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1887-10-28" type="inclusive">28 Oct 1887</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Atkinson, Edward</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1885-03-09" type="inclusive">09 Mar 1885</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Bowen, Henry Chandler</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1888" type="inclusive">1888, </unitdate>
            <unitdate calendar="gregorian" era="ce" normal="1891" type="inclusive">1891</unitdate>
            <physdesc>
              <extent>2 incoming letters</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Bowker, Richard Rogers</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1888-02-06" type="inclusive">06 Feb 1888</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Burdick, Francis Marion</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1890-05-17" type="inclusive">17 May 1890</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Dana, William B.</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1887-06-04" type="inclusive">04 Jun 1887</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Gould, Jay</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1891-04-27" type="inclusive">27 Apr 1891</unitdate>
            <physdesc>
              <extent>1 outgoing letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Hewitt, Abram Stevens</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1890-06-20" type="inclusive">20 Jun 1890</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Laughlin, James Laurence</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1887-02-27" type="inclusive">27 Feb 1887</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>McPherson, John Rhoderic</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1886-12-09" type="inclusive">09 Dec 1886</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Metcalf, Lorettus Sutton</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1870/1894" type="inclusive">undated</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Sawyer, Philetus</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1891-03-04" type="inclusive">04 Mar 1891</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Schneider, George</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1890-03-24" type="inclusive">24 Mar 1890</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Stewart, John Aikman</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1891-02-20" type="inclusive">20 Feb 1891</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Sturges, James D.</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1890-03-25" type="inclusive">25 Mar 1890</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Taussig, Frank William</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1881-05-10/1887-05-10" type="inclusive">10 May 1881 or 1887</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>White, Horace</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1887" type="inclusive">1887, </unitdate>
            <unitdate calendar="gregorian" era="ce" normal="1890" type="inclusive">1890</unitdate>
            <physdesc>
              <extent>2 incoming letters</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Wilson, George</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1891-01-31" type="inclusive">31 Jan 1891</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Winthrop, Robert Charles</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1887-01-10" type="inclusive">10 Jan 1887</unitdate>
            <physdesc>
              <extent>1 incoming letter</extent>
            </physdesc>
          </did>
        </c02>
        <c02>
          <did>
            <container type="SC">53</container>
            <unittitle>Miscellaneous</unittitle>
            <unitdate calendar="gregorian" era="ce" normal="1870/1894" type="inclusive">1870-1894</unitdate>
            <physdesc>
              <extent>4 incoming letters</extent>
            </physdesc>
          </did>
        </c02>
      </c01>
    </dsc>
  </archdesc>
</ead>
