They had just escaped a serious Crisis of the Monetary System, and he was sure that Gentlemen who had attended to what had taken place last year, would own, that if the causes of the decline of our foreign trade had been a little more aggravated during that period, the consequence to the country would have been very serious.

but in 1837 there was another Crisis in Our Monetary System, and they all knew there was a crisis in 1839.