Banks and Bubbles in the Horace Walpole Era Debate
The piece condemns speculative finance and the power of MONEYED CORPORATIONS, citing the South Sea bubble, noble patrons, and the Prince of Wales as Governor of a copper company. It argues for real wealth through agriculture and honest industry, warns against more paper banks, and urges banking reform on citizens’ terms to defend against predatory finance.
MENTIONED IN THIS ARTICLE
Ion
South Sea
Prince of Wales
Duke of Chandos
York Buildings Company
Duke of Bridgewater
London
Westminster
England
Great Britain
Robert Walpole
House of Commons
Bank of the United States
Nicholas Biddle
Philadelphia
United States Bank
Horace Walpole
John Law
Providence
Ohio
Tike
Her Majesty
Prince Albert
Pall Mall
Chapel Royal
Dassett
Jame Oxman
Francis
Privy Council
State policy critique on relief limits and banking boom
The Cincinnati Enquirer discusses how local Whig rhetoric claims relief from existing embarrassments is possible, but questions how it would be achieved. It argues relief would come only with restrictions proven necessary for public safety, blaming excessive banking and paper circulation for current troubles.
MENTIONED IN THIS ARTICLE
Wade
Misie
Henry Clay Creed of the Ultra Whigs in New York
At a New York meeting Gen Root described Henry Clay as the Whig creed symbol for victory claiming the party would seek a high protective tariff to enrich manufacturers. The piece questions Clay’s tariff orthodoxy and cites remarks on Treasury notes and government revenue.
MENTIONED IN THIS ARTICLE
Henry Clay
New York
Root
Tyler
Congress
Clay
Lamak
Debate on Whig tariff policy and protectionism ends in clash
The piece reports a heated exchange among Congress members over protection versus revenue, highlighting President Tyler's veto, Clay's influence, and-party splits. It contrasts Whig creed with proposed tariff goals while noting threats of impeachment and public critique from the Toledo Register.
MENTIONED IN THIS ARTICLE
Bers
Congress
Wich
Tyler
Clay
Botts
Toledo
Legislative Tinkeering and the case for biennial sessions
A Kalida Venture reader argues against extensive legislating and favors biennial legislative meetings to curb overreach. The piece criticizes banking and tariff laws as preferential, warns of aristocratic favoritism, and contrasts Whig promises with current outcomes while urging simpler, clearer law.
Indebted for Renting Documents Sent by Acadia
The House members Meyers Sieberg Wanerton and Steenrod thank the Baukimont Sun for forwarding rental document news from the Acadia at the earliest opportunity, expressing continued indebtedness to the paper for timely notices.
MENTIONED IN THIS ARTICLE
Meyers
Sieberg
Wanerton
Steenrod
House of Representsives
Sve
Baukimont Sun
Acadia
Ohio Assembly Objects to Federal Apportionment Plan
The Ohio General Assembly assembled in Columbus protests a federal apportionment law. It asserts Congress has no right to prescribe elections and declares its intent to resist single district plans, urging repeal of the act’s second section and instructing Senators and Representatives to press repeal.
MENTIONED IN THIS ARTICLE
Ohio
Columbus
Senate
House
Congress of
United States
General Assembly
Congress
Commonwealth
State
Osio
The Tune Changed in Ohio Politics
The Ohio State Journal indicates Governor Corwin will likely take the stump in the coming campaign, aligning with fellow citizens’ solicitations. The piece notes a shift from Whig opposition to active campaigning and reports a plan to incorporate the Western Reserve Bank under the General Banking Law in Warren.
MENTIONED IN THIS ARTICLE
Ohio State Journal
Corwin
Gov. Corwin
Warren Democrat
General Assembly
Western Reserve Bank
General Banking
Ohio
Stockton fast mail line reaches Wheeling early
The fast mail line of L. W. Stockton & Co. arrived in Wheeling on Monday evening, 15 hours ahead of schedule, after a Baltimore to Wheeling run of 33 hours.
MENTIONED IN THIS ARTICLE
L. W. Stockton & Co
Wheeling
Baltimore
Virginia Banks Resolved to Resume Specie Payments
At a late convention in Richmond the Virginia banks unanimously resolved to resume specie payments on September 15 next.
MENTIONED IN THIS ARTICLE
Virginia Banks
Richmond
Acknowledgments to U S Senate Members Mosere Tappan Allen
Brief note of thanks extended to Mosere Tappan and Allen of the United States Senate.
MENTIONED IN THIS ARTICLE
Mosere, Tappan and Allen
The
U. 8
Senate
Reform message as creed fuels national virtue
The St. Clairsville Gazelle argues that if the Democratic creed guided policy, government would protect life and property, ensure equal rights, and follow truth and justice. It contends public morals would rise, trade improve, and prosperity spread, urging a reform to curb speculation, monopoly, and privilege and to replace vice with virtue.
MENTIONED IN THIS ARTICLE
St. Clairsville
Congressional Proceedings July 1842 Senate and House Actions
July 1842 reports show Senate debate on repeal of the Bankrupt Law and a rejected two thirds vote. House passed armed occupation of Florida at 82 to 50. July 19 adjournment petition denied. July 20 memorials from New York merchants oppose tariff bill. Calhoun submitted Florida statehood petitions and Middlesex Virginia free trade meeting noted.
MENTIONED IN THIS ARTICLE
Senate
Benton
Florida
Stokely
House
Casey
Congress
New York
Calhoun
Middlesex
Also Mentioned on This Page
Cincinnati Enquirer
Foreign News
New York Evening Post
Loxton
India
Pollock
Khyber Pass
Robert Sale
Jellalabad
Morc
Cabool
Nout
Candahar
Affghanistan
Commissariat Department
Russia
Akbar Khan
M'Kenzie
Jellalabed
Elphinstone
Shah Sooish
Eleas
Eleas. A Son Set Up In Hie
Iles
Tiner
Chine
Celestiais
Chinghae
Ningpo
Pekin
Garden of Eden
Tipperary
Misssissippi
Missouri
Bermondsey Walk
Philanthrophy
Mississippi Valley
Robert Peel
R. Wyryap
Sir Robert
Pamworth
Vis
Stanley
France
Paris
Bastiles
Africa
the American Union
Ene
Wilson Shannon
Legislative
Congressional
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