GOUGE, WILLIAM M.
GOUGE, WILLIAM M. (1796–1863). William M. Gouge, economist and author, was born in Philadelphia, Pennsylvania, on November 10, 1796. He was associate editor of the Philadelphia Gazette from 1823 to 1829 and reporter of the debates of the Delaware Convention of 1831. He wrote several books on banking, including A Short History of Money and Banking in the United States (1833), History of the American Banking System (1835), and Expediency of Dispensing with Bank Paper (1837). He also edited several journals, including the Journal of Banking (Philadelphia, 1841). In his early years Gouge was a staunch opponent of paper money, banks, and corporations; he believed that irresponsible corporations held control of bank depositors' money. His attitude mellowed in later years, though he did warn of the dangers of issuing notes in excess of actual funds. In 1852 he visited Austin, Texas, and wrote The Fiscal History of Texas. He became a special agent of the United States Treasury Department in 1854, was accountant for the State Bank of Arkansas, 1857–58, and wrote Report of the Accountants of the State Bank of Arkansas (1858). He died in Trenton, New Jersey, on July 14, 1863.
Image Use Disclaimer
All copyrighted materials included within the Handbook of Texas Online are in accordance with Title 17 U.S.C. Section 107 related to Copyright and “Fair Use” for Non-Profit educational institutions, which permits the Texas State Historical Association (TSHA), to utilize copyrighted materials to further scholarship, education, and inform the public. The TSHA makes every effort to conform to the principles of fair use and to comply with copyright law.
For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
The following, adapted from the Chicago Manual of Style, 15th edition, is the preferred citation for this article.Handbook of Texas Online, "Gouge, William M.," accessed October 21, 2016, http://www.tshaonline.org/handbook/online/articles/fgo19.
Uploaded on June 15, 2010. Published by the Texas State Historical Association.