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American Union in Morgantown, West Virginia

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

American Union

Location

Morgantown, West Virginia, United States of America

Date

Jul 02, 1842

Page

3

Whig Lebanon Convention Supports Tariff and Bank Plans

July 2 1842 reports a Warren county Lebanon Whig meeting with Dayton manufacturer riding a wagon. They adopted resolutions for a permanent tariff financial policies and national bank support, praised Tyler over Bank charters, urged a single presidential term, and denounced free trade under Messia Calhoun and Benton as harming the nation.

Lebanon Warren County Dayton Corwin Schenck Montgomery County Mr.Tyler U.S. Bank Supreme Court Henry Clay Ohio United States Messia Calhoun Benton National ‘Treasury

NEW USE FOR CONGRESS AND ITS REFORM PROMISES

An historical critique describes two houses of Congress as a check on legislation, then mocks reformers who favor a rushed, centralized process. It warns about wasted time, private influence, and the shift from deliberation to expedited passage.

Congress Elem

Bank Reform Debate and Whig Banking Policy

A 19th century news item discusses the banking controversy between the corrupt current system and Bank Reform as advocated by Shannon with Democratic support. It cites The Herald of the Adult on Farmers' and Mechanics' Bank solvency and argues for personal liability, criticizing Whig politicians and urging public pause before restoring the old system. The piece notes Governor Corwin's brief Columbus visit and a political rally at Lebanon, along with remarks about Gouge's Journal of Banking, and mentions The American Pioneer monthly and its contents.

Shannon Farmers’ and Mechanics’ Bank Corwin Columbus Lebanon R.C. Schenck, Esq Dayton Montgomery County Cincinnati Gazette Zanesville T. W. Lord Eperie Muskingum

Banks Report On Charter Expirations In 1842

The Auditor of State published the March 1842 condition statements for twelve banks whose charters expire January 1 next. Except for Bank of Marietta, Western Reserve, and Columbiana Bank at New Lisbon, these banks had not reported since March, with January and February figures swelled for the three.

Auditor of State Bank of Marietta Western Reserve Columbiana Bank New Lisbon

Bank debate on debts between community and banks in Ohio

The article argues that banks owe the community more than the community owes them, citing capital stock, circulation, and deposits to show banks hold greater claims. It contends currency is hoarded by banks, critiques Whig administration, and questions the banks' role in reform and national debt, naming politicians and parties involved.

Ohio Martin Vaan Buren Congress House of Representatives Senate

Banks hoard currency while calling for price drops

A historical critique claims banks hold 719304.91 in currency against 396596.72 in circulation. It argues twelve Ohio banks store over a third more currency in vaults than is in circulation, urging bankers to explain how this surplus helps or hurts the economy.

Ohio

Bank charges and public comment on Steubenville bank practices

A meeting at the Courthouse on May 18 discusses the Farmers' and Mechanics' Bank of Steubenville. The speaker claims the bank deserved recharter and defends its conduct, detailing six percent in advance and added exchange fees. The piece criticizes high rates, collection fees, and misstatements about the Bank stock investments, urging public judgment and noting political tensions.

Farmers’ & Mechanics’ Bank of Steubenville FL & M. Bank of Steubenville Philadelphia Cincinnati Louisville St. Louis St Louis

The Cat Out of the Bag for Certain Bloomfield 1842

A local notice reports a Whig faction’s covert strategy after a June 17 meeting. A named interlocutor explains that they plan to jump fences and join the Whigs once enough supporters are gathered, implying a split and realignment within the party.

Bloomfield Means Mesars Whigs

How the F. and M. Bankers Cheated Jefferson County

The Herald reports on the mis management by the FF and M Bank leading to losses for Jefferson County. It claims a statement on the amount lost appeared in the newspaper, attributing the shortfall to improper actions by the bank's managers.

F. and M Jefferson County Herald FF. & M. Bank

Debate Over Bank Indebtedness and Public Accountability

A letter contends a Herald writer misleads readers about the indebtedness of the Fand M Bank of Steubenville, arguing a bank is a public entity like a person under law. The author rejects insinuations about his credentials and notes banks’ public accountability and stockholder duties, while mockingly dismissing personal attacks.

A Bank Surplus and County Tax Dilemma

A farmer questions stockholder rights and bank solvency, asking whether stock claims would be pursued if the bank fails to pay and if suits could be brought. The letter notes a $34,280.62 surplus and 14 percent on capital, yet no dividend, warning of a county revenue shortfall needing a direct tax of $1800 amid hard times.

Tax Collector Notice for Jefferson County Ohio Townships

Tax collector announces the start of county tax collection by self or deputy at township election days across Island Creek Knox Saline Brush Creek Ross Springfield Salem Wayne Smithfield Mt. Pleasant Warren Wells Cross Creek and Steubenville. Office hours in Steubenville from October to December for those who fail to pay on time, with penalties forthcoming.

Jefferson County Ohio Island Creek Knox Saline Brush Creek Ross Springfield Salem Wayne Smithfield Mt. Pleasant Warren Wells Cross Creek Steubenville

Recommendation for road tax payment by D B for district work

A supervisor certifies that D B has performed labor on the public highway in a township district. The document notes road tax charged for the year 142 and is signed by D E supervisor and D Cable.

D. B D. E D. Cable

Also Mentioned on This Page

the American Union Wilson Shannon Stevresvill Gouge Journal of Banking Williame Chillicothe Chillicothe Court-House Scioto Valley Col. Sharp Buffalo E. Whittlesey Buffalo Harbor John Williams Simon Kenton Joe Lagston Resources Tyler Hon. Wa. & Hawkxes Massachusetts L. Souraabe New Jersey Fae Communications Democratic Party Union Tippecanoe Commers Gallipolis Steubenville &c Jemmy The Messrs Eorrors Homer F. and M. Bank of Mr. Moody Cincere the Herald Beuer Uleo Steubenville Market A. H. Andrews, & Co Young Hyson Pittsburgh John Crawford Cormer High and South Streets K. Sutherland de Boation John B. Porter Jefereon County
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