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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
American Union
Location
Morgantown, West Virginia, United States of America
Date
May 22, 1838
Page
3
The editorial pages attack a chaplain writer for misrepresenting Thomas Jefferson's views on government banking ties to Washington. They accuse garbled extracts, demand readers consult the Union May 8 for Jefferson's own letter, and advocate an independent treasury over a governmental bank alliance.
The letters criticize Nicholas Biddle and the Bank that drain deposits urging to stand behind cotton bales until the government falls. They claim English influence seeks to topple the U.S. government and expose suspicions about the sub treasury project and treasury order.
City talks aim to prevent falling due post notes and bonds from Biddle's bank. Boston faced suits on $100,900 post notes, while here a renewal offer may extend thirty days with a new equivalent payment at expiry.
The article depicts volatile money markets with fluctuating rates and rising stocks on news of a specie import. It notes Bank of the United States funding Charleston relief with $20,000 while questioning authority, mentions Detroit bank payments resuming, and praises Birmingham’s industrial resurgence amid shocks. It closes with political shifts in Erie County and ongoing Mississippi election uncertainty.
The piece accuses pro Bank supporters and editors of hurling abuse at critics of Andrew Jackson era policies. It cites Wilson’s alleged dealings with the U S Bank and claims his dying affidavit about payments was ignored by Democratic papers. The author taunts Nicholas and demands proof of theBank connection.
The piece denounces Federalists for opposing receipt of local bank notes and pressuring for irredeemable promises. It argues government opposition to bank resumes is unfounded, urges western banks to resume quickly with government pledges similar to New York, and claims retribution awaits advocates of irredeemable currency as Federalism collapses leading to inevitable resumption.
A Springfield reader complains the Union, a supposed Democratic paper, printed Jefferson County Whig Convention proceedings. The editors reply they published the notes to show Whigs’ methods, acknowledging some readers disagree and promising greater caution in the future.
European correspondents in eastern papers discuss the upcoming coronation of Queen Victoria set for June 26, outlining international reaction, preparations, and expectations surrounding the event.
A massive crowd estimated between 20 000 and 40 000 watched Captain Meekins’ vessel depart the battery. Cheers rang out as the ship angled south against a northwesterly breeze, passing ten or more steamers. At the Narrows guests lunched aboard for half an hour, the health of Capt Hoskins was drunk, and a minor collision occurred when Providence dropped a taffrail from a nearby steamer. The scene remained festive as bands played Hail Columbia and God Save the Queen, and the Great Western steamed away to Sandy Hook and the sea.
The Lehteh Bulletin denounces a banking abuse where funds for note redemption are sent to Philadelphia or New York banks, then paid back with checks at 10 to 30 percent premium. It accuses banks of acting as brokers and shavers, harming noteholders and inflaming public opinion against Whigs.
In a terse Western Carolinian report, competitors struggle as the field delivers a noisy show yet ends with several contestants badly beaten, leaving lingering questions about judging and outcomes.
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