Remnant three conditions on bank privilege examined
The article discusses remaining conditions for the Farmers' and Mechanics' Bank charter. It analyzes stock figures from Bank Commissioners and officers, then critiques condition four requiring par payment of notes, and condition five limiting dividends to eight percent with a school fund provision, likening them to federal bank privileges for the few at the expense of the many and warning against extending the charter.
MENTIONED IN THIS ARTICLE
Coxortion
F. M. Bank
Noye
Federal Bank
Aaron Burr
Nicholas Biddle
Burr
Manhattan Bank
New York
Biddle
United States Bank of Pennsylvania
Ohio
Farmers’ and Mechanic Bank
Nicholas Birldie
Romuel Stokely’s
Farmers’ and Mechanics’ Bank
Bank charter debate warns of unpaid debts and democracy
A sharp critique argues that Farmers' and Mechanics' Bank conditions favor directors over public solvency. It scrutinizes indebted directors and large unliability, noting loans rarely last a year and questioning the state’s method of shielding stockholders from debt. The speaker urges voters to weigh the charter banes against core democratic principles.
The Barn Barners and Bank Note Beliefs
In some townships the petition of those called bank whigs and barnbarners was signed by nearly every voter. A whig resists being cheated by chartered rogues of various banks and insists his bank note be paid, even if he is mocked as a barnburner.
MENTIONED IN THIS ARTICLE
Granville Bank
Urbana Bank
Canton Back
Steubenville Bank
Bank of Mount Pleasant petitions for charter amid barnburner talk
Legislative proceedings note a Kitheart led petition from Bank of Mount Pleasant stockholders seeking a bark charter with individual responsibility. The bank is praised as sound, honest, and prudent in the state history. The text questions the label barnburner applied to Joseph Gill.
MENTIONED IN THIS ARTICLE
Kitheart
Bank of Mount Pleasant
Joseph Gill
What is Individual Liability
Advocates of banks claim varied meanings for individual liability but the concept is unified: all debtors should be bound to pay their debts equally. It argues that a money-lending partnership or company should be compelled to pay debts like a trading or manufacturing firm.
Six Reasons for bank note privilege debated soon
The six reasons offered by supporters of letting Farmers' & Mechanics' Bank stockholders issue paper money totaling over three hundred thousand dollars without mandatory redemption will be examined next week.
MENTIONED IN THIS ARTICLE
Farmers’ & Mechanics’ Bank
Barnburning debates on stockholder liability in banks
In Jefferson county more than two thousand voters signed memorials to the Legislature demanding individual liability for bank stockholders, challenging the stand that shareholders are exempt from debts. The debate centered on the term Barnburners and the abuse of reproach in political rhetoric.
MENTIONED IN THIS ARTICLE
Jefferson County
Whig Members Turn On Each Other Over Union Crisis
The piece rails at Whig congressmen for factions after the presidential vote, opposing the president, repealing an unhelpful extra session act, and wrestling in the street over a petition to dissolve the Union, painting them as self serving and quarrelsome.
MENTIONED IN THIS ARTICLE
United States
Congress
M. C’s
Banks Unite To Form Safety Fund After Bank Failures
After the Girard and Bank of Pennsylvania collapses, eleven city banks agreed to accept each other’s notes and create a safety fund. Each bank pays a quota to trustees, one from each bank, to cover liabilities if any member fails.
MENTIONED IN THIS ARTICLE
Puapecputa Banks
Girard Bank
Bank of Pennsylvania
Security The Difference
A terse remark contrasts bankers accepting notes bearing interest with those issuing noninterest notes, noting bankers’ reluctance to bind themselves for redemption and accusing them of unequal treatment and hypocrisy.
Jefferson County endorses banker responsibility petition drive
Initially only about eleven residents backed banker responsibility. Now two thousand Jefferson County citizens have signed petitions seeking to bind bankers to their debts like other individuals, with more to come.
MENTIONED IN THIS ARTICLE
Jefferson County
Wise Defends Self in Cil ley Affair Accuses Clay and Crittenden
In a House speech on the 28th ult Mr Wise seeks to vindicate himself from the Cil ley affair of 1838. He accuses Senators Clay and Crittenden of Ky as prime movers and claims he acted only under their orders. He argues their failure to deny the claim makes them share infamy while denying any exculpation for himself. Also notes a Post Office plan to board steamers at Cincinnati to seize letters for postage. Abolitionists in New York nominate candidates for Governor and Lieutenant Governor for the next state election.
MENTIONED IN THIS ARTICLE
House of Representatives
Wise
Cilley
Clay and
Crittenden
Mr. Wise
Cincinnati
Uncle Sam
New York
Baltimore Public Schools Grow Popular at Low Cost
Three thousand and fifty four scholars attend Baltimore Public Schools at an annual expense of 46 025 dollars. The system is divided into Primary and High Schools and is becoming very popular. The High School offers education that can fit men for any station.
MENTIONED IN THIS ARTICLE
Baltimore
British steam packets link Havanna to Liverpool line
Late advices describe a Havanna to Halifax route meeting Cunard at Liverpool with hops through Boston New York Charleston and Savannah. Texas Mexico and prisoner reports touch on Santa Fe expedition captives said to be well treated though cruelty claims arise. Two Mexican warships with Paixhan guns are expected to arrive at Vera Cruz to blockade Galveston as a 60,000-strong army plans advances with 20,000 to cooperate on reconquest of Texas.
MENTIONED IN THIS ARTICLE
Havanna
Halifax
Cunard
Liverpool
Boston
N. Yorkiny
Charleston
Savannah
Texas
Mexico
England
Vere Cona
Gelvestern
Alse
Newry
Demers Record in Brief Avers Tiny Year Pace
A fragmentary note mentions Demers with a figure 58.550 tied to a small yearly pace, implying a brief summary of a historical timing or measurement. The readable context is limited, but it centers on Demers and an approximate value related to a yearly rate.
The Great Contest: Principles of Chartered Privileges
An excerpt from the Extra Globe dated August 19 1840 discusses chartered privileges and argues that fundamental principles do not change over time, applying a long‑standing view to present matters.
Whig Retrenchment and Reform Criticizes Adams quarrel
The piece complains Congress has done little after ten weeks, denounces the Adams quarrel as costly and unhelpful, citing 16 wasted days at $2,500 daily and a rising national debt, while taxpayers feel the strain amid treasury deficits.
MENTIONED IN THIS ARTICLE
Congress
J. Q. Adams
Bank resumption debates and schism in Congress
In a lengthy House session on resuming specie payments Democrats push for March 4 as the return date while Whigs seek later dates. A sharp clash ensues between Schenck and Byington with punches threatened but no injuries. Senate censures of J Q Adams trigger heated party-line voting with Whigs opposing the resolution and its preamble echoing Washington.
MENTIONED IN THIS ARTICLE
Schenck
Byington
J. Q. Adams
Congress
Senate
Gen. Washington
Indictments Fail to Enforce Currency Decree
Lougee and Bates whose offices were destroyed by the late mob in Cincinnati have been indicted for issuing unauthorised currency. So our courts will not see the laws enforced, until an outraged people take the matter into their own hands.
MENTIONED IN THIS ARTICLE
Lougee
Bates
Cincinnati
Specie in the United States Held and Estimated
The New York Herald cites Treasury data to estimate US specie in 1820 at 30 million in banks plus 10 million from mines, totaling 107.7 million in circulation. It argues ample specie exists to support Union business and predicts removal of bank frauds will restore trade and prosperity.
MENTIONED IN THIS ARTICLE
The
New York Herald
Secretary of the Treasury
Senate
United States
Seers Mune Wrerese The Lseeseter Intelligencer Note
Fragmentary item reports regular winter diet trends and standard attire across months. Text is garbled but hints at seasonal changes and consumer patterns observed by the Lseeseter intelligencer.
Editorial rails against banking aristocracy and universal liability
The piece denounces equal rights for individuals in banking and warns that denying bankers responsibility will ruin banks like Farmers' & Mechanics'. It argues for a glut of wealth power to elites, cites Hamilton Adams and Jeffersonian fears, and critiques the era's currency policy and bank charters.
MENTIONED IN THIS ARTICLE
The
Sd Just
Bank of Steubenville
Gallipolis
Canton
Bank of Wooster
Jemmy
Hamilton
John Quincy Adams
Congress
Farmers’ & Mechanics’ Bank
F. and M. Bank
Comeire
Wapello Prairie and town growth in Louisa County
In Newhall's sketches of Iowa a landscape view of the Wapello Prairie along the Iowa river is described as a seven mile long green carpet ending near Wapello, the Louisa county seat. The piece notes the area’s transformation from Sac and Fox villages to a growing hub with stores, hotels, lawyers, and shops, plus observed shifts in population and infrastructure. It also mentions banking capital reductions in Philadelphia and Michigan law on bank resumption.
MENTIONED IN THIS ARTICLE
Wapello Prairie
Iowa River
Florence
Wapello
Louisa County
Keokuk
Louisa
Wapelio
Iowa
Also Mentioned on This Page
the American Union
Steubenville
Ohto
Wilson Snannon
MT. Pleasant
Demers Hee
Columel
Specie
L.seeseter Intelligencer
Naueee
Sin Wears
Illewe
American Union
Teow
Hewwnne
Howe
Pen
Newhall
McC
Banxine Capitan
Philadelphia
Michigan
Granville Concern
Urbana
Cleveland
German Bank of Wooster
Chillicothe
Franklin Bank of Columbus
Farmers’ and Mechanics’ Bank of
Bank of Cleveland
Bank of Circleville
Circleville
H. Lawrence
H. H. Warren
Bank of Chillicothe
Bank of Geauga
Painsville
Bank of Gallipolis
Bank of Hamilton Hamilton
Bank of Massillon
Massillon
Bank of Mansfield Mansfield
Bank of Marietta
Marietta
Bank of Norwalk
Norwalk
Bank of Sandusky Sandusky
Bank of Sandusky Bay
L. Sandusky
Bank of Wooster Wooster
Bank of West Union West Union
Bank of Xenia
Xenia
Bank of Zanesville
Zanesville
Belmont
St. Clairsville
Whitewater
Cana Ca
Clinton Bank
Columbus
Columbiana B
Commercial
B’k
L. Fiie
Commercial B’k of
Scioto
Portsmouth
Dayton Bank
Dayton
Exchange Bank
Farrmers & Mechanics
Farmers & Mechanics
Bkarmers
Bank of Canton
Canton Farmers’ Bank
F N. Salam
New Salem
Franklin
B’k of
Alexandrian
Granville
German Bank of Wooster Wooster
Geauga Insurance Co
Paineville Hamilton & Rossy, Mang Co
Jefferson Bank Kirtland Safety Society
B'k
Lafayette Bank
Lebanon & Miami
Expg. Co
Hig Co
Lancaster
Ohio Bank
Murkingum Bank
Mieraporting Co
Mechanics’ Saving
Inetitate
Ohio Life Los, & Trust Co
Owl Creel Dank Thphans
Kirtland
Cincinnatti
Lancaster i
Putnam
Indiana
To & Ardent
John Albin
Wante
Dolla
Itsllinois Money
Bank of Granville
Farmers’ Bank of Cantony
Urbana Banking Com
Dike & Dovenerry
Upper End
Mar. House
Upper End Mar
W. C. Wilson
Timber
Court House
Third Street
Market House
Third Streets
H. Murray
Jas. McKinvey
John Orr
Hugh Brown
Henry Davidson
William Elliot & Co
Geo. Hogg
John Hogg
William Elliott
Stendenvile
Tan
Jonas Rex
Island Creek Township
Olie
William Rex
Auburn
D. Mgowan
Cobert
John Odberta Steub
4Th Street
1St Presbyterian Ch
Amuel McMillan
David Kennedy
Adams Street
Ilinois
Farmers Bank of Canton
James Doughertys
James Dovaneniy
REVAL
Amabal Wilson
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!