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American Union in Morgantown, West Virginia

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

American Union

Location

Morgantown, West Virginia, United States of America

Date

Aug 28, 1838

Page

2

Banking Reform and Public Security in Bank Charters

The speaker argues against a dominant banking system allied with politics, urging reform to curb abuses. He details bank failures since 1811, supports private stockholder liability, expands specie basis, and opposes currency expansion. He calls for tighter charters, public accountability, and legislative power to amend or revoke privileges when public good requires.

United States McDuffie Congressional House of Representatives Sam

Bank Reform and State Policy Sparks Ohio Electors Debate

A lengthy speech argues for banking reform, bank and state separation, and limits on bank notes. It contends banks abuse powers, warns of speculative lending, and criticizes Whigs for opposing measures while claiming government hostility to merchants and banks amid the 1843 charter expirations.

Choice of two Ohio gubernatorial candidates on banking reforms

The piece compares Wilson Shannon and Sir Joseph Vance on banking powers and reform. It cites Shannon advocating stricter bank charters, extended specie basis, and state control over charters, while Vance stresses bank health, exchange regulation, and small-denomination notes reform. Beckeye Democrat urges voters to choose between them.

Wilson Shannon Democratic Party Ohio Norrow Zb. ‘Ie Joseph Vance Federal Whig Gov. Vance Pipple United States Beckeye

Lake Superior waters rising threaten farms and streets

Alarm spreads over the lake as water levels climb since 1835 by three to four feet, submerging farms and wharves. An Ohio resident recalls lower past levels while Monroe pier, six feet out, nears immersion. A Toledo Gazette writer suggests a dammed river shifting course toward Hudson Bay as a possible cause, urging scientific attention.

Lake Superior Cleveland Monroe Toledo Gazette Hudson's Bay Red River

Jackson Currency and Specie Return in Whig Press

The Whig press praises resumption of specie payments while criticizing the Jackson Currency. The New Orleans True American notes a steamboat carrying $800,000 heads to meet the sloop Boston from Tampico. Ritner’s proclamation backs this currency amid Pennsylvania yeomanry support.

New Orleans Boston Tampico Jackson Ritner Pennsylvania

Banks of Charleston to resume specie payments Lat of September

The Banks of Charleston announce the resumption of specie payments on the Lat of September. This move signals a return to standard gold and silver convertibility, aligning with national expectations and affecting local merchants and depositors.

Banks of Charleston

Biddle and the Bank Row Over Resumption Critique

A fragment from a period critique targets Mr. Biddle and the Bank, accusing him of using fraudulent notes for cotton buys, blaming him for delaying specie payments and praising New York banks for advancing a sound currency earlier. It compares Biddle to Bourbons and notes Ritner’s stance in opposition to the plan.

Atheny Biddie United States New Bank Biddle New York Mr. Biddle Gov. Ritner Carnot Paris Philadelphia

Editor Charles Hammond Attacks Whig Legislature and Board Change

The Cincinnati Gazette editor denounces the Whig Legislature for abolishing the Board of Public Works and appointing Canal Commissioners. He calls for bold rebuke of time serving Whig policies by the Whig press, condemning Bank Whiggery and praising none of the party factions. He cites the Western Palladium as an example of corrupt praise and personal attacks.

Cincinnati Gazette Charles Hammond Board of Public Works Board of Canal Commissioners Hammond Leander Ransom Bank

Webster versus Clay in Whig nomination debate

The Harford Times contends Mr. Webster possesses superior intellect compared with Whig challengers but faces opposition from a Kentucky demagogue who will force him aside. It suggests Clay will outpace Webster in persistence and rhetoric and become the Whig candidate.

Mr. Webster Kentucky Webster Clay Harford

A Debated Shift Toward Gold and Bank Policy in Finance

The discussion centers on currency reform and the move away from inflated paper money toward gold and silver. Supporters of sound money praise the Democrats' stance on resumption and banking regulation, while opponents warn against a return to bank control. The piece argues that increased specie in circulation will force banks to reduce paper money as internal improvements expand and currency stabilizes.

Belgie Congress

Question on Public Funds at Next Election

Spirit of the Times poses two questions about treasury management. Should public money be deposited with Banks to fund loans for speculators and boost stock dividends, or kept in an Independent Treasury until needed by the people.

United States Democratic Party Spirit of the Times

Whig Scoldings and Violent Tales Echo in 1830s Letter

The excerpt mocks Martin and the Whigs over alleged voter fraud and magic rites while recounting a Tennessee merchant's Bowie knife incident and biting political quips about Fanny Wright. It also notes a Wissahickon Whig celebration tied to past defeats and prophetic jests about political fate.

Balloon Descent At Easton Ends Safely After Lightning

J Wise reports an 1838 parachute balloon experiment near Easton, traveling from New Village to Asbury with a hazard in ascent. A rupture occurred at 13 000 feet as a thunder gust rolled in, the parachute drifted northward, and the craft landed near Lafayette College. The flyer landed hard, then stood uninjured with help from Elijah Warne and neighbors.

Washington Conner Lafayette College New Village Asbury Terra Firma Elijah Warne Easton

Virtue of Silk for Damp Weather Comfort

A medical writer notes silk as a non conductor of electricity making it superior for clothing. Damp weather saps our electricity, described as the buoyant cordial of the body, causing languor. Those prone to spiritlessness are advised to wear silk waistcoats drawers and stockings.

Coining money and paper currency in the states

A Boston Advocate piece questions Mr. Webster on whether Congress must coin specie yet can or should create paper money or a bank and whether the states could likewise coin paper. It argues the reasoning is inconsistent and asks for editors to respond.

Congress United States

Also Mentioned on This Page

Simonmt Reform Party Treasury The Ohio Patriot Cason Martin New York City Fanny Wright Bryan Clarksville Tennessee Hansborough Neiv Boot and Shoe Store Veu Leubenville Market Street Farmers’ & Mechanics’ Bank American Union V. Owesney Morgan County Olive Green Creek Absolom Craig Iqnhe James Dougherty W. Madenlouin Fourth and Adams Sts Qolda Mjasaim Vinks, Sr Steubenville Anfar
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