Exchequer currency and public credit debate analysis
The passage argues for a government backed currency and tax funded liquidity via an Exchequer plan. It defends against currency abuse, favors specie or government issued notes, and stresses credit restoration after European shocks. It notes public trust hinges on redeemable notes and government responsibilities.
Congress Urged to Adopt Exchequer Plan to Raise Funds
The speech urges Congress to adopt an Exchequer to raise up to ten million dollars, arguing it would supplement Treasury means, aid solvent state banks, and stabilize currency. It notes Europe’s debt and U S abstention, claims the measure would restore confidence and should be repealable if adverse, and calls for remission of General Jackson’s New Orleans fine as a sign of national gratitude.
MENTIONED IN THIS ARTICLE
Congress
Treasury
Europe
United States Bank of Pennsylvania
Canall
Tregard
Jackson
New Orleans
Jadical
Union
Legislative Department
President's Message Preview From REE American Union
The REE American Union in Steubenville dated Friday December 9 1842 notes its plan to publish the President's message at the earliest opportunity and thanks the San TimMonE Sun publishers for providing a copy in advance. The note states they will present the president's message without comment for readers to judge.
MENTIONED IN THIS ARTICLE
San Timmone Sun
Bar
H. H. Leavitt
U. S. Court, Dist
Ohio
Gee
Bartlett
Steubenville
First Presbyterian Church
Lyr
Corwin urges continued common schools and canal work
Gov Corwin commends brevity in message and calls for sustaining common schools. He notes a roughly fifty thousand dollar cut to the school fund from the last session and proposes lowering taxes by shifting relief to other objects. He urges immediate completion of 34 miles of the Miami canal and cites last summer’s sales of Wabash and Erie canal lands totaling 12975 and Miami canal lands totaling 16064 to reflect public interests.
MENTIONED IN THIS ARTICLE
Miami Canal
Wabash and Erie Canal
Ohio Senate and House organize with new speakers and notices
In the Ohio Legislature on Monday December 5 1842 the Senate elected Jas J Faran speaker pro tempore and Thomas J Morgan as clerk while Seabury Ford and others received votes. The House chose John Chaney speaker pro tempore and Gideon Ayers as clerk. Members announced bills on property appraisement land valuation fugitives from labor and districting. A joint committee was set to fix 1843 judicial court dates.
MENTIONED IN THIS ARTICLE
Senate
Col. Walton
Jas. J. Faran
Seabury Ford S
Thomas J. Morgan
George E. Knapp
Jones
Clark
Ohio
Merideth
Coshocton
John Chang
Fairfield
John Chaney
David Chambers
Gideon M. Ayers
John French
Steedman
Scenck
Meredith
Mudget
Ohio Governor's message praised for paper money plan
The piece critiques the Ohio governor's annual message, praising paper money banking and warning of banks losing capital. It notes 23 spec ie paying banks in Ohio with charters expiring soon and recounts public land proceeds of 854,801.17 dollars. The writer brands the message as coonish and rag-money-lankish and promises full publication next week.
MENTIONED IN THIS ARTICLE
Ohio
F. and mM. Bank of
Canal Fund Commissioners Report Loans Since 1842 Senate
Request to Canal Fund Commissioners to report to the Senate the loans made since January 1, 1842 including recipients, stock sales, residences, amounts, loan terms, sales details, interest payment places, and application of funds. Also a bill to amend the act titled An act to amend the act to establish i corut in Bank and regulate its proceedings passed February 28, 1842.
MENTIONED IN THIS ARTICLE
Senate
I Corut
Cash or Pork Appeal to Subscribers in Arrears
The notice asks subscribers in arrears to send promises to pay or send pork to cover debts. It promises reception of 2000 dollars in cash or 20,000 pounds of pork if delivered within the specified time and urges prompt payment. The phrasing invites immediate action from subscribers to relieve the publication's finances.
Honorable Tappan Arrives in Washington City
The Globe reports Hon. Sexator Tappan left here on the 30th alt and arrived safely in Washington. Tar Wreenine papers advocate bridging the Ohio River at that location. The writer suggests opposing navigation by a bridge to Wheeling and Pittsburgh and urges action to block river access.
MENTIONED IN THIS ARTICLE
Sexator Tappan
Globe
Washington City
Ohio
Pittsburgh
Lead Poisoning Flour Incident and Trials Burned in Memory
Reports recall a Mobile Alabama poisoning tragedy from flour ground with leaded stones. References note U S Treasury notes outstanding, legal cases including Jas G Lyon and Col Jas W Weer, a New York duel, Seward pardons, Colt hanging bribery attempt, Colt’s suicide, and a remark on Britain’s steam power equaling five hundred million men.
MENTIONED IN THIS ARTICLE
Jas. G. Lyon
Mobile
Ala
Jas. W. Weer
New York
Great Britain
N. VY Official Vote for Governor and Local Commentary
Bouck leads with 208070 votes over Bradish 186688, Bouck’s 21982 majority. Abolition 7262. Notes on Cray’s New Orleans trip, Michigan election remarks, and insurrection fears in Louisiana. Ohio river ice details, 300 armed slaves discovery, execution witness travel, and a parliamentary plea against government murder and civil miscarriage.
Banks hoard real money and issue valueless notes
A historical notice criticizes banks for hoarding specie while issuing banknotes in circulation. It argues the Teale shows nearly nine hundred forty four thousand in specie and nine hundred fourteen thousand nine hundred ninety nine in notes, urging banks to disgorge specie and limit money lending to restore prosperity and real money in circulation.
MENTIONED IN THIS ARTICLE
Medha Ales
Miondenwille
Hay
Miner Elected Senator in Harrison Belmont District
Con Roar H Miner a Democrat won the Senate seat in Harrison and Belmont counties by about 1800 votes, succeeding Chauncy Dewey a Whig who resigned from the post.
MENTIONED IN THIS ARTICLE
Con. Roar. H. Miner
Harrison
Belmont
Chauncy Dewey
National Convention Debate Shapes Tennessee Democrats
The Nashville Union and Washington Globe clash over timing for the Democratic National Convention with Baltimore suggested for November 1842 or May 1844. The Union urges delaying to refine principles, while the Washington Globe props May as optimal to avoid pre election manipulation. The piece notes threats of bribery to sway the legislature and pledges continued focus on Democratic principles and unity under no single candidate.
MENTIONED IN THIS ARTICLE
Nashville Union
Tennessee
United States
Baltimore
Washington City Globe
Henry Clay
Ruth
Consumption Dr Duncan Expectorant Remedy Adverts
Dr Duncan's IX PECTORANT REMEDY promises to arrest pulmonary complaints and consumption symptoms. It claims bowel regulation and constitution strengthening without opiates or alcohol, warns of mortality from consumption, and urges immediate use. Pamphlets accompany the medicine, with agent Jas Turnbull listed.
MENTIONED IN THIS ARTICLE
Duncan
Jas
Turnbull
Narlich
William Morrison
Schuylkill Sixth Street
Philadelphia
Morrison
Harrieh
Also Mentioned on This Page
REE American Union
Gov. Corwin
Ohio Legislature
OQ. Statesman
Turspay
Board of
U.S. Treasury
eyeAn
Colt
New York City
N. VY
Bouck
Bradish
Henry Cray
Tur Anonirron Worr
Michigan
Cuna
Spain
Louisiana
Ile
National Convention
O. Statesman
Robert Blair
James Howe
William McCaughey
Thomas Burns
Andrew Harper
John S Sureie Eng
James A
Pattersoy
Beau
Hewitt
Steuben Wille
Mag Money
Foraxes
OHLO
Bank of Dayton
Bank of Xenia Do Sanduskeydo of
Wooster
Life 1.& Trust Co
Franklin B
Cineia’s
Bank of Geauga
Bank of Massillon
Clinton B’nk
Colum’s
Bank of
Circleville
Franklin Bank de Western Reserve Bank
Bank of Norwalk iBank of
Mt. Pleasant Commercial Ban K
Scioto Bank of Muskingum Columba Bk N. Lisbon
Cinein’i
Bank of St. Clairsville
Bank of Zanesville
Bank of Marietta
Pennsylvania
Bank of North America
Bank of the Northern Liberties
Bank of Penn Township
Farmers’ and Mechanics
Bank
Kensington Bank
Mechanics’ Bank
Philadelphia Bank
Schuylkill Bank
Western Bank
Bank of Pittsburgh
Bank of Chester Co
Westchester Bank of Delaware Co
Chester
Bank of Germantown
Bank of Montgomery Co
Norristown
Columbia Bank and Bridge Company
Doylestown Bank
Easton Bank
Exchange Bank
D. W. Stier
Market
6Th Streets
Wilson
Mannufacturer
South 4Th St. Steubenville
D. B. Dorsey
Market St
Boyer
J. Boyer
JD Slack
Joseph Mason
D Wilkin
John Carr
JM Rowland
JH Taylor
BM Browning
Geen Meow
Hon N Vike
Ross Black
Asq
John Dike
Charles C
Jor V Owesney
J Galbraith
A J Beatty
Wim Robinson
Wcuree Wry Rey
John Burns
Steuberville
Mr. Pease
OHN Boyer
A Steubenville
Cadiz
Cambridge
Ofice of Reawell Warsley
Steubenvlle
Jan. Witwes
Getetic Herald
T Varran
J. Grimes
North Fourth Street
D.S. Pearman
W.H. McGavran,& Co
Baltzell Wwe LD
RR Press
Amine
Atencotti
Andrews
Roberts
Alexander Thomas
Joseph Hickman
Amuel Wilson
Ss. W. Steubenville
Amuel McMillan
David Kennedy
Adams Street
B. M. Browning
Fifth St
Adams St
Gomori
Tiathow
Sree
Bach Lie
Volo