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Newspaper
American Union
Location
Morgantown, West Virginia, United States of America
Date
Dec 27, 1837
Page
3
Extract from the London Bankers' Circular dated January 27 argues that a bank's influence should align with aristocratic power rather than democracy or numbers. It highlights the Bank of Roe Unrrep Starrs as an example of immense political influence wielded by a great chartered bank.
The Liverpool Mail cites strong language on US specie exports to England. It accuses Mr Biddle of imposing terms on the American government, threatening to drain deposit banks of specie or perish. The piece frames this as aggressive financial diplomacy and national risk.
The Democratic Meeting held Monday drew a large, respected crowd though the proceedings were not received in time for this paper. Delegates to the January Columbus convention to nominate a governor candidate include Steubenville Robert A Watts Stephen W Hill Benjamin Tappan John Patterson Ross James Mitchell Island Creek William C McCauslen George Alban Salem William Duffield Warren William Fleming G W McClary Wayne Samuel McNary Mt. Pleasant Dr William Hamilton Cross Creek John Rickey.
The letter argues Federalists seek central power, a national bank, and executive patronage, while Jefferson would defend a simple, limited government. It cites fear of monarchy, consolidation, and corruption if state powers fuse into a single government, urging a small, inexpensive federal role focused on foreign affairs and commerce. The Herald mocks the editor’s claimed democracy.
The Nation criticizes Louis Philippe for aligning with royalist powers, accusing him of betraying liberty, praising Count Confalonieri as a martyr, and portraying the king as a tool of the Holy Alliance. The piece contrasts his public claims of universal rights with actions: aiding autocratic rulers, blunting July's reforms, and seeking dynastic alliances over freedom.
A Wisconsin or Ohio style critique condemns Whig lawmakers for pressuring the Auditor to tailor financial reporting. It defends independent, prudent state finance, notes high stock prices above par, bank deposits, and calls for an expunging resolution in October to correct alleged abuses at Columbus.
A historical exchange questions the timing of resuming specie payments. The Herald editorial denounces banks and accuses them of political manipulation, claiming government obligations are being subverted by private financial interests and forecasting continued suspension until their demands are met. The piece laments Federal insolence and warns the public about bank influence over credit and policy.
A rhetorical question argues that introducing outsiders who abandon community promises would cause distress and national bankruptcy to serve pecuniary or political goals, concluding that such consent will not be given.
The piece criticizes the legislature of Oasis for not releasing 1 2 and 3 dollar notes. It notes few notes remain, mostly ragged and greasy fit only for the loco foco. The author recalls prior calls to issue shinplasters as “good enough” for the poor and mocks the definition of loco foco as poor men. The writer predicts forthcoming action and demands change.
A sharp critique targets a Market Street editor rumored to boast of a coming Federal President. The piece mocks his grandclaims, likening him to a vain, clever writer who imagines empire influence and impresses readers with grandiose, unreliable forecasts. It ends by ridiculing his presumption and the idea that federal power could surge as he predicts.
The Charleston delegation reports the College of Charleston bill for second reading. Debates over federal revenues and a proposed national bank unfold with votes on four resolutions, including a plan to sever federal banking ties and a debate on shin plaster currency. The Senate division and party lines surface as Vance calls for recommittal and Whigs support or oppose the governor’s banking stance. Statesman.
The Agricultural Bank of Toronto has ceased operations entirely. The Hamilton Express reports a sharp rise in circulation over the past two or three months due to traveling agents, while local money in circulation remains scarce in this city.
Union College enrollment totals 301 with 102 Seniors 109 Juniors 75 Sophomores 17 Freshmen and 8 University Students. The University in Vermont hosts about 110 students.
The Montreal Herald Extra reports troops against rebels in the Lake of Two Mountains area near St Eustache. Troops crossed toward St Rose, then engaged at St Eustache church where it burned. Rebels fled. about eighty killed and over a hundred captured. Commander Girod and Peltier fled toward St Benoit. Dr J O Chenier killed.
A fragmentary report describes the poet the weape and others wounded under fire as troops move at dawn from the burning bowers of Mr. Eustache toward St. Benoit or Grand Brule. Rebels reportedly sent a deputation asking terms, while the commander demands surrender and leaders. Details remain unclear.
December number of this work presents original pieces by American women including a portrait of D Israeli and a note about Miss Leslie joining as assistant Editress and a tale Althea Vernon to run from June. The Lady's Book is praised as a premier female audience periodical and a Philadelphia News notice praises an earlier tale Night Mare by A W Morrison. A counterfeiting arrest in Philadelphia involves Benjamin Emery, a land agent, with unsigned Penn Township Savings notes found.
Sporting notes report races began in Mobile on Tuesday with lively spirit. A large field of well regarded nags competed for a first rate purse, drawing much interest in the outcome.
Delegations of Sacs and Foxes, recently in the city, arrived in St. Louis on the 17th and on the 19th continued homeward aboard the steamer Pavilion.
A Philadelphia paper claimed the Vice President supported a national bank with branches in every state. The Globe authorizes a strong contradiction and refutes the report as false.
Listed transit closing and arrival times for Steubenville Post Office and nearby cities including Pittsburgh Ashtabula Wheeling Cadiz Canton Philadelphia and Cope Mills. The notice notes no material change in Prices Current and presents last week’s figures.
A catalog of varied goods with unit prices includes flour, bacon, coffee, tobacco, feathers, whiskey, mackerel, wheat, flaxseed, oats, lead, potatoes, linseed oil, sugar, butter, salt, beef and tarry items. The list shows per unit or quantity figures, many with dash marks and bracketed notes.
Market notes from Wheeling and Pittsburgh dated December 15 show flour at 5.75 to 6.90 per barrel, flaxseed at 75 cents per bushel, wheat at 1.00, oats 0.37 to 0.40, bacon hog round 9 cents, hams 10 to 12. Pittsburgh lists flour 6.00 to 6.25 per barrel, wheat 1.10 per bushel, salt 2.62 to 2.75 per barrel, bacon hog round 9, hams 11 14 to 12, whiskey 31 to 32 cents per gallon, Havana coffee 12 4 to 13 4, Rio 13 4, Java 15 4 to 16.
Baltimore Market notices list prices for coffee luguayra 114 a 12, Cuba 10 a 11, St. Domingo 94 a 12 and Rio 10 a 12. Feathers Western 50 cents, fish mackerel No 34 75, herrings 2 87a 3. Flour Howard Street 9 000 a 9 2 percent. Bacon Western hog round best quality 10 a 11. Whiskey 40 cents for birds and 42 a 43 for birds.
The Philadelphia market column lists Coffee Rio at 104 10, Laguayra 104 a 11, Cuba 10 a 114, St Domingo 94, Java 14. Sugar Porto Rico 84 a 9, Orleans 3 a 4. Mackerel No 1 and 2 priced 75 per bb, Flour 9 75 a 1000 per bb, Whiskey Monongahela 43 a 45.
Cincinnati market report lists bacon and hams at 9 to 10, hog round at 7, coffee Havana 13 to 14, Rio 12 to 13, St. Demings none, superfine flour 6 75 per barrel, wheat 1 12, oats 30 to 33, sugar New Orleans 7 to 8, Havana 14 to 14 4, whiskey 36 cents per gallon.
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