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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
American Union
Location
Morgantown, West Virginia, United States of America
Date
Jan 22, 1842
Page
3
The piece argues bankers should be personally liable for all debts, including those of their banks. It condemns shielding incorporated bankers from debts, contrasting private individuals who are liable to their full property. It urges legislators to refuse charters unless individual liability is enforced and appeals to public justice and equality.
The writer argues that desires for wealth push men to impose trade sanctions that should remain separate from general commerce. They contend that bankers and money changers are distinct roles, noting that dealing in money and coining money are two different functions. The piece stresses that trade and monetary authority are not inherently inseparable and should be managed distinctly.
Opinion argues banks cannot furnish a good currency and should be separated from money creation. The General Government alone should supply a constitutional, uniformly valued currency. banks should resume only money dealing and lending as amid a debased system they profit from depreciation.
A friend submits a publishable letter urging serious attention to the subject of de services, asserting its importance to the people and promising further correspondence that will do justice to its significance.
In a letter from January 1842 the author promises a correspondence on education after establishing a new system, argues for thorough mental culture and intellectual training, and discusses the undervaluation of education in the West amid a surplus of teaching. A note reports a robbery of the Great Western Mail between Philadelphia and Lancaster, discovered on arrival at Lancaster.
In this essay, the author criticizes superficial learning methods and argues education should focus on mental culture rather than mere knowledge accumulation. He likens early schooling to nurturing a nursery, emphasizing development of faculties over cramming facts and stresses the distinction between mental culture and intellectual training as cause and effect. He promises further illustrations in a future installment.
The Herald’s “Q” faces scrutiny as readers question the integrity of his July 29 claim about Mr. Allen. Critics urge careful study of his previous article to assess truthfulness and potential bias.
The Dayton Herald passes to Smith and Mumm with a new Western Empire banner and editor Smith pledges honest rule. The Cleveland Advertiser shifts to the Prain Center led by A. N. and J W. Gray with plain dealing on Democracy to broaden northern support.
For the American Union this piece argues that lack of individual liability in bank charters fosters corruption and class privilege, weakening trust in banks and commerce. It calls for no special exemptions for bankers and insists banks be above suspicion to protect contract integrity and protect widows and orphans from ruin.
AN ORIGINAL JACKSONMAN argues against chartered monopolies and bank exemptions from debt. He contends banks undermine currency and trust, forcing bankruptcies and price instability. The remedy is universal individual liability, outlawing privileged debt repudiation to restore reason, confidence, and justice.
Ohio Senate debates a bill to regulate interest and curb usury with amendments to set rates at seven to eight percent. Senators spar over private lending versus bank practices, noting taxes, advances, and costs of handling loans as they weigh whether seven or eight percent best serves borrowers and lenders.
The session debates a bill to repeal the German Bank of Wooster charter and seize its assets. Arguments defend legislative repeal over court action, citing voter judgment against the bank and the supremacy of the people. A later vote repealed the charter and related provisions were amended to address paper currency reforms.
A battlefield of fragments announces a local obituary for Catharine Johnson, reportedly connected to Ober Ort. The fragmentary text names Rev Dr Mejon and references a ceremony or remembrance in Ober Ort, with unclear dates and locations due to OCR errors.
The House passed a bill authorizing a line of 5 million dollars in Treasury notes as a loan to fund government operations. A Cabinet Exchequer Board discussion ended, a select Senate committee was named, and petitions over the Bankrupt law repeal or postponement poured in. Roosevelt of New York sparked a heated order point dispute before the Bankrupt repeal bill cleared readings and passed 126 to 94.
On the night of January 8 the Western mail from Philadelphia was robbed. It carried a letter to the subscriber at Steubenville by A W Adams. The note for 440 dollars dated July 1 1841 and endorsed by James Turnbull was enclosed. Wolcott and Turnbull have been notified of the loss and caution the public not to pay the note except to Adams. If found, forward the letter and contents to Adams.
Notice announces sale of the house and lot once occupied by William Hoxworth dee in Viers addition Steubenville. Sale will occur on the premises Monday February 25 next. For details contact P Hoxworth. January 22 1842 61.
J Bover announces the start of manufacturing compound extract hore hound candy for coughs colds hoarseness and voice clearing at wholesale and retail. It claims equal to leading candies and lists Steubenville Ohio and D B Dorsey Drug Store as sale locations with a 20 percent agent discount and prohibitions for confectioners and pedlars. January 22, 1842 Steubenville.
The partnership between Martin Dury, Roman Dury, Joseph Dury, and Mathias Dury is dissolved by mutual consent. The business will be conducted by Martin Dury, Joseph Dury, and Mathias Dury one-fourth mile east of Springfield, and by Roman Dury one and a half miles south of Springfield in Jefferson County Ohio. January 22, 1841.
A large quantity of items including Tm and nails has been received and is offered for sale by dealer D McGowan. The notice dated December 18 indicates available inventory and purchase terms.
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