Power of regulation and the bank controversy in 1837
The excerpt argues that Congress only regulates commerce not create finance, citing 1837 debates about the Bank and paper money. It contrasts constitutional limits on coining money with claims that regulation could justify a national bank and fiat notes, urging strict construction and preserving the independent treasury.
MENTIONED IN THIS ARTICLE
Ben Wallade Wit
Confederation
Marshall
Congress
Bank of the United States
Exchange Bank
Congerss
United States
Virginia
Tyler
Senate
Bank of U Braves to Live by Forged Notes, Trustees Disclosures
Recent disclosures allege the Pennevivanta Bank of U. Braves will rely on forged notes. One endorser reportedly signed for 100,000 but the name is forged, with papers received and assigned to the Trustees.
MENTIONED IN THIS ARTICLE
Pennevivanta Bank of
U. Braves
Gioo
The Bankrupt Act Speech by Mr Benton on constitutional issues
Mr Benton argues the bankrupt act overruns state power and juristiction by pulling home business into federal courts. He criticizes voluntary bankruptcy, cites George IV sections as misused precedents, and urges repeal or delay to align with established state and federal bankruptcy norms. He emphasizes debt, morality, and the dangers of mixing elections with banking policy.
MENTIONED IN THIS ARTICLE
United States
Supreme Tribunal
Congress
George IV
George Ivt
Bankropis
Jetanast Dewler
Weber
Lord Chancelor
Lonsdon
London Gazette
London
Mississippi
Henderson
Lord Brougham
Tral
Adams
Jefferson
Dhemeersey
Cork
Ohio State Democratic Convention Nominates Governor Candidate
Delegates at the Theatre in Columbus elect Col Dowty Utter as president and Wilson Shannon as the Democratic nominee for Governor for the October election. Resolutions urge strict economy and restrained federal revenue collection, with funds kept in the public treasury and not loaned or speculated.
MENTIONED IN THIS ARTICLE
Columbus
Wilson Shannon
Spangler
Fairfield
Olds
Pickaway
T.J. Bucnanan
Shannon
Ohio Democratic Convention Adopts Loyalty Resolutions
The Ohio Democratic gathering approved a slate of resolutions praising Andrew Jackson, Martin Van Buren, and Wilson Shannon, condemning speculative banking and urging specie payments. Delegates also lauded Col Sam Medary and supported Democratic leaders in Congress. The convention closed with chorus of praise and resolution adoption.
MENTIONED IN THIS ARTICLE
Congress
Whig
General Assembly
Ohio
Andrew Jackson
Martin van Boren
Union
R. M. Johnson
Wilson Shannon
John Armastrone
Col
Sam’s Medary
Ohio Statesman
James H. Ewine
Cincinnati
Bank notes clash and canal lands sold in early 19th century banking news
The report notes The Partners Bank of Canton rejects town notes while Illinois receipts are shaved and Granville struggles. Alabama Legislature nears unconditional repeal of General Ticket System. Zanesville Bank directs halt to deposits and collection as it folds. Canal lands sale yields 15 429 acres for 95 816 44 with payments in state canal debts.
MENTIONED IN THIS ARTICLE
Partners Bank of Canton
Illinois
Granville
Urbana
Legislatre
Alabama
Congress
Michigan and
Ilinois Canal
Bank Explosion in Ohio Sparks Frenzy and Fear
Reports say the Lebanon Miami Bank blew up sending Cincinnati residents into excitement and fear. An agent linked to the swindling shop faced mob pressure in that city while Lebanon also stirred unrest. The country is swamped with paper money and fraud concerns, with strong calls for severe punishment.
MENTIONED IN THIS ARTICLE
Lebanon Miami
Cincinnati
Lebanon
Distilleries Closed In Danville County Amid Temperance Drive
The Danville Democrat reports that in the last three months four or five distilleries in the county halted operations due to reduced whiskey demand. The downturn is attributed largely to the rapid progress of Temperance Reform across the United States.
MENTIONED IN THIS ARTICLE
Danville
Treasury debt report and notes debate in Congress
A Treasury debt tally shows 14 million in 1841 and 8 million in 1842. A bill seeks Treasury notes as a last resort to fund obligations after the loan bill failed. Whig support and opposition stir laughter as Mr Fillmore reports the measure. The House planned a repeal of the Bankrupt law, while the Exchequer bill is under Senate discussion.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
House
Treasury
van Buren
Fillmore
Senate
For Rent: two story brick house on Fifth Street
A comfortable two story brick house on Fifth street offered for rent at a reasonable price. Suitable for a small family with a good cellar water access and a garden. Possession around April 1 or a few weeks earlier. For details call the editors of the Union. January 15.
MENTIONED IN THIS ARTICLE
Fifth St
Editors of the Union
Green Tree
Taven
James Parks
John Kells
Steubenville
Fund Commissioners Report for Jefferson County Ohio
The Fund Commissioners Office at Steubenville reports as of January 3 that the Board of Fund Commissioners for Jefferson County Ohio acts under the 19th Section of the Act for the distribution and investment of the State’s proportion of revenue. Amounts show State receipt of $42,105, and surplus of 1,377. The State was repaid on February 21, 1841 totaling $63,86.62 with interest on weekly bonds at 101.97 and total surplus revenue invested in stores at Farmers and Mechanics Bank of Steubenville at $42,075,038. Loans made on individual security at 7 percent totaling 60.48.
MENTIONED IN THIS ARTICLE
Steubneille
Jefferson Ty
Ohio
Am‘t of Sur
Stor
Farmers and Mechanics Bank of
Court of Common Pleas
Jefferson County
Court House
Henry H. Teeple
Steubenville
Samuel Fisher
Jeremiah Gray
Robert Smith
Joseph Herford
Clay Lick
Cross Creek
K. Talbott
Coalton
Ning
Farmers and Mechanics Bank Fund Commissioners Account
The statement itemizes stock and bond figures from the Farmers and Mechanics Bank of Steubenville. It shows total invested and loaned 35 646 92 with dividends on stock for the year ending Nov 1841 and interest on loans on individual security. Expenses include payments to Fund Commissioners and officers and refunds to county treasury totaling 393 50—1905 03.
MENTIONED IN THIS ARTICLE
Ana’ T of Fund Commissioners
Farmers Mechanics Bank of
Farmers & Mechanics Bank of Steubenville
Wm. McDonald
John Ore
T. Johnson
A. J. Leslie
McDonald
John Orr
Thos, Johnson
Jeff. Co
Also Mentioned on This Page
MR. Benton
Mia
The
Congressional
WM. Leslie
WM Cunningham Alexn
R. Conn
J Collier
W. We
Jemoars
Howe
Voarth
Emell Fee Iit
Demeery
Por
Swek
Ain
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