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Newspaper
American Union
Location
Morgantown, West Virginia, United States of America
Date
Feb 25, 1843
Page
2
A preacher denounces debt and urges patrons to settle accounts with printers, pay in advance, and keep a clear conscience. He warns that neglecting debts leads to ill health and ruin, urging daily installments of gratitude to the Creator who enabled them to begin life.
The Nashville Union endorses Senator Tappan's banking letter as orthodox and vital for liberty and national prosperity. It argues for radical currency reform toward a gold and silver standard, denouncing paper money and Whig schemes. It calls for total divorce from banks and specie payments by the federal government and states.
A fragment notes three loads of specie arriving in Clinton Bank, rumored at up to half a million dollars, prompting speculation on the end of paper fraud. An observer hints the amount landed between one and two hundred dollars, with earlier shipments of 5,000 dollars reported. Citizens urged to calm and take measures against famine of press misstatements.
The Cincinnati gathering recommends Lewis Cass as a presidential candidate subject to a national convention in spring 1844 and endorses the one term principle. Reports of township Whig gains in Franklin County press for broader support and reform measures.
Reports show 131 New York banks hold over 1.3 million in specie vaults while not lending currency. Boston clock at State House stopped at 11:42 amid frost. The United States newspapers cost about 6 million yearly. Hull, Commodore, dies in Philadelphia. Jefferson’s centennial birthday to be celebrated April 2 next year. NY Penitentiary seeks convict labor on iron mines. Coopers contract ends amid temperance reforms lowering whiskey barrel demand. 106 miles of railroad existing.
The item notes a large freshet on Red River with flood damage and casualties, plus financial worries as several states move to dissolve chartered banks and paper money. It references Massachusetts receipts, 1842 expenditures, and a French election, with a warning against chartered banks and paper money.
The House of Representatives passed a bill authorizing the issue of two million dollars in state scrip to pay domestic creditors. The vote was 43 for and 27 against. Mr Byington suggested paying members in the same scrip, but the motion failed. The piece warns Indiana scrip trades at 35 percent below par.
A few weeks ago a Richmond citizen listed 23 deaths from Congestive Typhus Fever in and near Richmond. Dr Hening replied in the Herald, and a long Richmond letter followed. The paper declines to publish the latter, urging an amiable settlement and a fair impartial statement before further publicity.
The piece denounces the idea that the Ohio Legislature can or should provide relief by boosting prices and issuing notes. It warns such moves threaten republican liberty, arguing government should protect natural rights without paternal actions and cautioning against elevating state power over the U.S. Constitution.
The text argues against concentrating monetary power in a few hands, labeling both the idea of easy wealth and the swift spread of prosperity as dangerous and impractical. It warns that immediate riches would bring inevitable curses of paper money and systemic risk.
The Union argues against Whig fiscal policy and rising debt under Tyler, warning that Treasury strain may necessitate note re issues. It cites Madison and Federalist views to oppose state and corporate paper money, urging prudent revenue, public credit, and sustained taxation to fund obligations.
President John Tyler argues Congress must adopt a wise plan to aid Treasury operations and improve the currency. He contends such measures would revive internal business, boost revenue from imports, and prevent new taxation burdens caused by financial distress. Washington, February 13, 1843.
George Brown of this place died on Wednesday last after a drunken episode at home. He fell inside the door, broke his leg below the knee, doctors set the limb but his weakened state led to mortification and death.
A speaker cites Madison to argue against private banks issuing banknotes, asserting that only the general government may provide a paper currency. The discourse critiques free banking and contemplates whether the Constitution permits central government chartering of banks, previewing a broader constitutional analysis.
In Cincinnati the Price Current notes a three month pork season ending with about 250000 hogs packed for roughly 1.25 million dollars in value plus 750900 for processing, totaling near two million. Wheat and whiskey shipments amount to at least one million, with three million in cash or short exchanges from the wharves. Foreign markets, especially England and France, begin absorbing American pork, signaling a major trade expansion as bank notes lose value and sound money returns.
By a resolution of the General Assembly the time to pay taxes into the State Treasury is extended to March 20 next for all residents and non residents of the state. Notice from Columbus dated February 11 1843 explains that delinquent taxes for 1842 may be paid at the State Treasury until March 20. The administrator Jno Brough signs the message.
A Massachusetts House committee recommends cutting Governor salary from 3066 to 2500, Chief Justice from 3500 to 3000, Associate Justices from 3000 to 2500, with total proposed reductions near 40000 dollars, to show how Whig states pay officers versus Democrat positions in a larger context.
A 16 year old girl's disappearance from Southwark sparked a sensational incident. Hutchinson Heberton was suspected of involvement but released after the girl returned home. Heberton had seduced her and she visited a house of ill fame near Pine and Twelfth streets. Her brother murdered Heberton aboard a Camden ferry, then Mercer killed the brother. Mercer surrendered and awaits trial in Gloucester county.
A column discusses Friday evening’s dreadful death of Heberton, condemns seduction as the worst crime, and questions whether revenge can ever justify harm. It argues law offers mock redress, warns against mob justice, and laments the lasting sorrow on families while urging restraint and moral reflection.
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