Bank Failure Sparks Notes Discount Rumor in Scioto Bank
Reports from Portsmouth say the Commercial Bank of Scioto, whose charter expired, is winding up and has provided for depositors but not note holders. Cincinnati notes trade at 25 to 50 percent discount as exchanges urge caution. The event is cited as an example of banking honesty and a potential political battle over rechartering in the legislature.
MENTIONED IN THIS ARTICLE
Commercial Bank of Scioto
Portsmouth
Cincinnati
Whig attack on Senator Miro over bank charters debate
The piece accuses Senator Miro of balancing interests between constituents and chartered bankers amid a push to extend expiring charters for state banks. It criticizes Judge Dike for opposing personal liability for bankers and portrays bankers and their allies pressuring Miro through a local political struggle.
MENTIONED IN THIS ARTICLE
Mitchell
F. and M. Bank
Judge Dike
Georgia Legislature Adjou rns Sine Die After Seven Weeks
The Georgia Legislature adjourns sine die on the 27th alt after a seven week session. The Governor vetoed the congressional districting bill. A law authorizes the state banks to issue one dollar bills as legal tender.
MENTIONED IN THIS ARTICLE
Georgia
Why a Chartered Bank Should Be In Steubenville
Opinion urges establishing a chartered bank in Steubenville to end monied monopoly by F and M Bank and to enable local lending. It argues local stock division, county fund loans, and broader access to credit will benefit citizens, while opposing rag money and gold standard.
MENTIONED IN THIS ARTICLE
F. and M. Bank
Safety Fund
Right Names for Money From Old Speech On Currency
A fragmentary 19th century critique defends honest money overrunning hard money rhetoric. It argues that constitutional money should be named plainly as hard money and resists derisive terms. The passage emphasizes intrinsic value, gold standards, and the term’s proper usage amid debate.
Hard Money and Paper Money Debate in 19th Century
A discussion of currency naming argues paper money lacks value, preferring prefixes like soft money and rag money. It notes most currency is hard to unload, with mints in Steubenville and nearby towns, and suggests hard money should be produced by privileged banks.
MENTIONED IN THIS ARTICLE
Steubenville
Gallipolis
West Union
Why the Democrats Fail to Pass Public Welfare Laws Now
A political notice criticizes the Democratic Legislature for aligning with bankers, condemns broken promises from the last summer, and urges immediate passage of welfare laws for the people and creditors of Ohio. It argues the focus on bankers has delayed needed public works legislation, demanding action.
MENTIONED IN THIS ARTICLE
Ohio
New Orleans Theatre Nears Completion Amid Hype
The new St. Charles Theatre in New Orleans nears finish as praise circulates in city papers. The American is under way, and local reports claim sport, wealth, and constant fortune, yet note the scarcity of specie and the misperception.
MENTIONED IN THIS ARTICLE
St. Charles Theatre
New Orleans
Banks face stock ownership and officer debt under charter rules
A late special report of the Bank Commissioners shows twelve banks with expiring charters had 1.8 million dollars in stock owned by non residents and 2.57 million by residents at last summer’s examination. Officers owed 705 thousand dollars as principals with 327 thousand pledged as security, owners holding 652 thousand dollars in stock. Xenia Wooster Norwalk Sandusky and Lafayette Bank Cincinnati carry charter provisions allowing amendments after 1842.
MENTIONED IN THIS ARTICLE
Istinst
Commercial Bank of Cincinnati
Bank of Geauga
Ohio Life Insurance and Trust Company
Bank of Xenia
Wooster
Norwalk
Sandusky
Lafayette Bank of Cincinnati
Missouri Democrats name Van Buren Johnson delegates
Democratic members of the Missouri Legislature held a meeting and chose delegates to the National Convention in Baltimore. They recommended Martin Van Buren for President and Col. Richard M. Johnson for Vice President.
MENTIONED IN THIS ARTICLE
Missouri
Baltimore
United States
Martin van Buren
Col
Richard M. Johnson
Supreme court to convene here on March second
The supreme court will set here on the 2d Mar. local observers note the schedule for the upcoming hearing session. Proceedings are expected to address pending cases before the bench.
MENTIONED IN THIS ARTICLE
Supreme Court
Dr. Oros Proposes Bank Legislation in Pickaway County
Dr. Oros, elected Democratic representative of Pickaway County and leading bank man in the Legislature, presents a lengthy banking plan. The proposal attempts to define by statute law what has previously been left to bank discretion, signaling a legislative move to regulate banking more closely.
MENTIONED IN THIS ARTICLE
Dr. Oros
Pickaway County
Minutes Outline an Individeal Liability Bank Reform Plan
The text reviews a bank reform plan assigning individual liability to officers and directors for mismanagement. It proposes a safety fund funded by banks, cross-collection by the Treasurer of State, asset-based payment of failed banks, possible director liability, a State Register to sign circulation notes, mutual note acceptance, triple-note circulation vs specie, penalties to enforce duties, and a 1863 sunset with stock shares of 100 dollars and proxy voting by stockholders only.
MENTIONED IN THIS ARTICLE
Baer
Why Ohio Legislature Spends Time on Banking Question
Information Wanted questions why the Ohio Legislature spends so much time on banking. It argues there are enough chartered banks and a general system like Latham's plan last winter. The writer questions the need to draft another banking plan during hard times and the high daily cost of sessions.
MENTIONED IN THIS ARTICLE
Ohio
Latham
Earthquake Felt Across Cincinnati to Louisiana Border
A tremor was reported Wednesday the fourth, felt in Cincinnati, Louisville, and Ladianapolis Louisiana, rattling buildings and alarms across multiple towns. Officials are awaiting more details as residents describe the ground shaking briefly.
MENTIONED IN THIS ARTICLE
Cincinnati
Louisville
Ladianapolis
New Orleans Gold and Silver Coin Imports Rise
The New Orleans papers report daily arrivals of gold and silver coin. On the 28th ult, about 70,000 was received from Matamoras. The currency in New Orleans and the lower Mississippi is said to be almost entirely specie, as paper money factories have been banished in Mississippi, Arkansas, Louisiana, Alabama and Georgia, leaving abundant specie.
MENTIONED IN THIS ARTICLE
New Orleans
Matamoras
Lower
Mississippi
Arkansas
Louisiana
Alabama
Georgia
Ohio Legislature Debates Paper Money Banking Threats
petitions from across Ohio oppose paper money mills and urge constitutional respect while the Senate amends a personal property auction bill. House focus centers on Dr Olds' bill amid mixed opinions with an amendment to feed bank officers jailed for misdemeanors. Critics say lawmakers profit from delaying needed reforms and fear corrupt banking schemes.
MENTIONED IN THIS ARTICLE
Ohio
U. States
Senate
House
Olds
American Pioneer announces new monthly issue
The American Pioneer published by John 8 Williams in Cincinnati Ohio at 2.00 per year releases No 1 of volume 2. A hasty glance suggests the issue seems to increase in interest rather than diminish. Contents include Prointiepiere and Engraving.
MENTIONED IN THIS ARTICLE
John 8. Williams
Cincinnati O
Indian War and Post Office Facts in 19th Century Chronology
A compact summary notes varied topics including American chronology, postal facilities, and public letters. It mentions an Indian War in Virginia, Windham Maine settlement, and deaths of Poland and Gen. Haines. The piece lists works by Chas Whit esey Felix Renick and Hon E Whittlesey with notices of Hildreth and Polk.
MENTIONED IN THIS ARTICLE
Potnem
Leger
Hildreth— Win
Whipple
Ospisin Butler
Hudson
Cleveland
Chas, Whitesey
E. Whittlesey
Virginia
Felix Renick
Windham
Maine
Poland
Gen
Haines
Henry Cray Heads to Salt River Post Over Presidency
Henry Cray travels from New Orleans toward the head of Salt River, a route described as more achievable than reaching the Presidential chair. The note states his extended journey and goal along the riverine path.
MENTIONED IN THIS ARTICLE
Henry Cray
New Orleans
Salt River
U. States
Stockhold ers of F and M Bank report 4 360 shares in state
At a Steubenville meeting the cashier listed 4 360 shares valued at 50 dollars each totaling 818 000 dollars. Of these 962 shares or 48 108 dollars are held out of state mostly in Virginia and Pennsylvania. The remaining 3 398 shares or 168 900 dollars are in Ohio, mainly in Jefferson county, with 78 948 80 dollars in Steubenville. The report disputes claims the capital was leaving the state and urges dividing the capital to boost local business.
MENTIONED IN THIS ARTICLE
F. and M. Bank of
Steubenville
Ohio
Jefferson County
F. and M. Bank
New York Express reports China war settlement boosts cotton demand
The New York Express notes December 4 news from Europe, highlighting possible English moves to grant factory access in China. It says Britain’s reaction sparked manufacturer activity, higher cotton prices, and strong demand, with favorable signals for the southern states.
MENTIONED IN THIS ARTICLE
Etreet
Tor
New York Express
Europe
England
Great Britain
Specie Flows as a Tide From the Union Commentary
The Nashville Union reports broad agreement among major papers on currency, arguing specie will flow to cotton regions as banks fail. It asserts real money sets prices, that exchange favors the West and Southwest, and that removing artificial impediments will restore prosperity and curb speculation.
MENTIONED IN THIS ARTICLE
Ohio Statesman
Democratic
Mississippi
New York
New Orleans
England
United States
St. Louie
Laws of trade and currency restore order over regulation
The piece argues that monopoly harms prosperity and that laws of trade, not regulators, should guide currency stability. It praises sound currency restoration across Atlantic states, notes Alabama lagging, and warns against sweeping new regulations. It favors minimal plans and stresses adherence to established trade laws as safer and wiser.
MENTIONED IN THIS ARTICLE
New York Journal of Commerce
Atlantic States
Gulf of Mexico
Alabama
N. Orleans
Consumption and Bleeding at the Lungs Cured by Dr Duncan's Expectorant
Miss Emeline Yeager, aged seventeen, suffered severe tuberculosis with bleeding and wasting after neglecting a cold. A physician, deeming her case hopeless, gave little medicine until he tried Dr Duncan's Expectorant Remedy. After eighteen days she improved greatly and, eight weeks later, was entirely free from disease and pain, now healthy and able to work. An pamphlet outlines diseases and treatment. sold by J. Turnbull.
MENTIONED IN THIS ARTICLE
Duncan
J. Turnbull
Marriage Notice of Rorterts and Farrriz
Married on the twelfth by Rev. HI. G. Domingo, Joseph Rortes of this place wed Miss Farrriz of Florence, Washington County, Pennsylvania.
MENTIONED IN THIS ARTICLE
HI. G. Domingo
Joseph Rorerts
Miss Farrizr
Florence, Wash. Co
Steubenville Market Prices January 14
Steubenville market report shows grain and produce pricing including flour at 26 to 2300 per barrel, wheat 40 bushels, corn 20 to 25 cents, corn meal 25 to 31 cents, potatoes 16 to 20 cents, oats 15 to 18, apples 20 to 25, salt 13.7 to 16.2 per barrel, beef 2 to 3 cents per pound, pork round 2 to 2 cents, lard 5 to 6, butter 8 to 10, eggs 8 to 10 cents per dozen, honey 10 to 12.
Jefferson County Poor House Farm Superintendent Bid Notice
Proposals to furnish a superintendent for the Jefferson county Poor House and Farm for one year from April first next. Bids due February 20. Applicants must state yearly terms and number of their family. Directors Wm Leslie Isaac Winters Mrs Roberts. January 14, 1848.
MENTIONED IN THIS ARTICLE
Jefferson County
Wm. Leslie
Isaac Winters
Wmn. Roberts
J. Collier
George Rider
Court of Common Pleas
Steubenville
Jefferson
Richmond
Knoxville
David Ridenover
Josiah Winters
Geo
Greenberry Crawford
Margaret Crawford
Reuben Albaugh
John Stephenson
Albaugh
Stephenson
Isaac McDonald
Fund Commissioners Report from Steubenville Bank 1842
Fund Commissioners report details the dividend received on stock in the Land Bank of Steubenville for the year ending November 22, 1842, and the interest on loans made on individual security. It highlights financial income and loan performance within the period.
MENTIONED IN THIS ARTICLE
F. and M. Bank of Steubenville
L’.And M. Bank of
Steubenville
Also Mentioned on This Page
the American Union
Steubenville, Ohio
F. and
M. Bark
Bank of Steubenville
Humbugry
Ohio Legislature
Nashville Union
Steubenville Market
Jan
Sinclair
First Presbyterian Church
Cuoran Society of
Pahe Board of Fund Commissioners
County of
Farmers’ and Mechanics’ Bank of
Farmers’ and Mechanics’ Bank of Steubenville
Wm, McDonald
Thomas Johnson
John Orr
James Savage
William McDonato
Thomas Jonnron
Joun Onn
Jefferson Co. San
James Teall
John Mills
Brush Creek
Asycamore
Pne. Gr
Isaac McDonaud
W. T. Wilson
Wm. Ralston
Mechanics
FYOR
Third St. Steubenville
R. Brooker
William B. Kerlin
Chancery
Nicholas Hutchins
James Teaff
James Bond
Court of Common Pleys
Third Street
Anid Street
Mameel Stokely
Stokely
4Th Street
Fourth Street
John McCarty
McCarty
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