Currency and land sale payments in early US history
A detailed examination of how public land purchases and government revenues were to be paid from 1790 to 1836. It traces currency rules, bank notes, land scrip, and gold and silver coin standards, noting circulars restricting bank credit and the shift toward specie payments. It discusses Virginia land scrip, Bank of the United States notes, and the impact on public lands and revenue.
MENTIONED IN THIS ARTICLE
Treasury
United States
Virginia
Setuia
Great Britain
Portugal
France
Spain
Congress
Tate
Ohio
Indiana
Iinois
Senate
House of Representatives
Executive Department
Department
House
Treaswry
Secretary of the Treasury
England
Bank of the
New York General Banking Law Sets Bank Capital and Security Rules
The General Banking Law of New York allows any number of citizens to form banks with at least 100000 dollars capital. Deposits of 50000 dollars in state stocks bearing five percent interest are required, plus 500000 dollars in bonds and mortgages on unencumbered productive real estate. Banks must issue notes only from the same plate, hold 12.5 percent of issues in specie, and face state intervention if they fail to redeem in specie.
MENTIONED IN THIS ARTICLE
Epecho
Congress
Treasury Department
United States
Treasury
Bank of the
Mississippi
Mississippi Territory
Register of the Land Office
Tve
Virginina
Secretary of the Treasury
General Land Ofice
Virginia
Texas
Ohio
Indiana
Ilinois
Virginia Land Seri
Canan
House of Congress
House
al Capheteas
New York
Senate Passes Treasury Note Bill Amid Party Claims
The Treasury note bill cleared the Senate on Friday evening by 27 yeas to 13 nays, defeating National Bank party claims of a House casting vote. It moved to third reading 106 to 99, with the main question ordered by the same margin. final passage had no division.
MENTIONED IN THIS ARTICLE
Treasury Note
Senate
National Bank
Iti
Webbs
House
Arrangement with Cherokee leaders for removal to the west
Department of War on May 23 1838 transmits a proposed agreement with John Ross and other Cherokee chiefs in Washington. It states the government seeks peaceful cooperation in their removal while protecting state rights and insists removal should not take two years if feasible. Poinsett signs the note to the governors of Georgia Tennessee Alabama and North Carolina.
MENTIONED IN THIS ARTICLE
Department of War
John Ross
Mississippi
J.R. Poinsett
Georgia
Lennessee
Alabama
North Carlina
Boat traffic surges to Cleveland via Ohio Canal
The Cleveland Herald reports 37 boats arrived Monday, flooding the canal with pork, flour and bacon as boats pass locks into the river. The brig Ulinois sailed to Buffalo with 772 barrels flour and 3,000 bushels wheat, pork and whale products aboard, prompting a note on port fees.
MENTIONED IN THIS ARTICLE
Ohio Canal
Cleveland Herald
Ulinois
Cleveland
the Herald
Erie
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!