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Newspaper
American Union
Location
Morgantown, West Virginia, United States of America
Date
Feb 14, 1838
Page
3
The state legislatures including Massachusetts probe bank solvency as specie payments pause. Ohio partisanship blocks action, delaying needed reforms. Citizens deserve oversight and confidence that banks remain solvent amid financial stress.
Since January over a hundred names have been added to our list, showing Democratic approval in the region. We invite more subscribers and can supply papers in any quantity. Editors note reader letters welcome and literary notices are queued for future issues. Also reports on local meetings, fires, political appointments, missing vessels, and Tampico news populate this issue.
The Patterson Bank has not failed and has never suspended specie payments, provoking the vengeance of New Jersey's Whig Legislature for defying King Nicholas's policy. The Trenton Emporium notes Mr Field, president of a non specie paying bank, led the attack and denounced Patterson for paying specie as evidence of its rotten condition.
Ohio Statesman lauds Trotter as Jeffersonian Democrat and foe of bank dominance while warning against public distrust of politicians. Meanwhile a Charleston telegram reports Mexican forces near St Austene, with 1500 horsemen and infantry marching, and land office openings set for February to grant land after independence declaration. editorials mock recent financial denials by Globe and Webster and Biddle’s Herald.
John D. Nicholls presents a prospectus for a new Columbus magazine titled The Hesperian. Otway Curry and Wm. D. Gallagher will supervise. The monthly publication begins in April priced at $5 per year. Prospective supporters may leave names to be forwarded to the publisher. Florida dispatch notes Lieutenant Powell and 80 men engaging Indians near Jupiter Inlet. several officers injured, Dr. Lightner killed. steamboats await weather at St Johns Bar to move to Indian River under Gen. Jesup orders.
A Columbus Journal and Regis ter editorial extols country newspapers as vital to local governance and unity among townships. It cites objections about size and ads, urges broad advertising support, and highlights benefits to communities,打印 noting Mississippi seat disputes and remarks on immigration policy in national debate.
In Washington on February 6, 1838, witnesses say Mr. Chaney of Ohio heard a remark by Mr. Clay and wrote it down, with Mr. Gallup of New York nearby catching the sentence distinctly. The account places the event within five feet of the speaker.
The Louisville Journal editor laments government not accepting bank paper for dues while the Herald notes three to four hundred thousand dollars in Commonwealth Bank of Boston deposits, claiming a total loss to the people. Treasury vigilance prevented any government loss, underscoring support for an independent Treasury.
At a February 10 1837 public meeting in the Court House the Water Works Committee report led to resolutions. The town will enforce water rent payment, reject experimental hydrant plans, and avoid extending supply pipes without rent coverage. Proceedings and decisions to be published. J K Sutherland chaired, R S Moopey secretary.
Senator Hubbard addressed the Senate in defense of the Wright bill on the Independent Treasury plan. The speech was described as able and forcible, offering a clear exposition of the scheme’s character and advantages and a refutation of objections. The adjournment motion followed. Globe of the 8th of Feb.
A dinner was hosted in St Louis for General Gaines of the U S Army on the 22nd of this month.
Prices current in Steubenville market include flour 6 2506 00. Coffee 13a 14. Bacon Tad Tobdacco 10 cents per pound. Feathers 50. Whiskey 35a 40 gallons. Mackerel No 3 900. Wheat 100. Flaxseed 75. Oats 31a 37. Lead 7a 8. Potatoes 25. Linseed 11 0. Coal 12. Tallow 10. Sugar 8 00a8 50. Salt 3 50. Butter 20 25. Beef ext 4a6.
Wheeling market report lists flaxseed at 75 cents per bushel and front 5 50, garath wheat at 95, oats at 57 to 40. Hog round se, hams range from 10 to 12 cents, reflecting varied store pricing for bacon and pork products.
Pittsburgh Market reports on February 10 show flour at 15.00 and 25.25 per hundredweight, wheat at 1.00 to 1.12 per bushel, salt at 2.75 to 2.87 per barrel, hog round bacon at 8 to 9, hams 11.4 to 12, whiskey new at 32 to 35 cents per gallon, coffee Havanna 12 4 to 13, Rio 13 4 to 13, Java 15 to 16 cents per pound.
Baltimore Market notes prices for several items with varied lots. Coffee Luquira Cuba and Rio indicate commodity quotes, feathers and fish include mackerel and herrings, flour on Howard Street, bacon quality hog rounds, and whiskey pricing for birds and barrels.
New Orleans market notes record Swear-Prime at 54 to 64, inferior 4a 5, White Ravanna 13, brown Sa 9, Morassis on the Levy 28 to 30, on plantation 29 Frour 6 50 to 7 00, dull.
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