Power of Banks Threatens Liberty and Democracy
A fervent 1830s critique argues that banks and paper currency wield covert political power over all government branches. It contends the three hundred million bank stock controls policy, fuels aristocracy, corrupts judges and legislators, and endangers democracy, urging state-level reform to curb banking privileges.
MENTIONED IN THIS ARTICLE
America
Union
Bank of the
U. States
Cincinnati
Jackson
United States
Congress
Democratic Party
Feneetl
Federal Party
New York
New Orleans
Bank of the United States
Treasury
Great Britain
City of
Washington
Denmark
Republic
Supreme Court
the Common Pleas
Ohio
Instituton
Fairfield
Debates Over Bank Specie Payments and Public Interest
Sidney addresses the controversy over bank specie payments, criticizing directors for favoring stockholders while delaying debts owed to workers. He argues that public interest lies in paying notes promptly, condemns speculation by eastern banks, and warns that bank monopolies threaten democratic rights and the laboring class.
MENTIONED IN THIS ARTICLE
Sidney
Lange
Hank
Janes Ross
James Ross
Doctor Andrews
Senate
Order of Bankers
Public statement on Jefferson County Democratic treasurer nomination
A group of Bloomfield and Smithfield township Democrats defend the county convention in selecting County Treasurer candidate Patterson. They assert Kilgore and other nominees were treated fairly, recounting ballot order and declarations by delegates, and proclaim Kilgore supported by township meetings. Signatories include Ault Cable Cassel McGowan Rickey Armstrong England Hanlon McFarland Swearingen Alban Linduff Irvine Dye.
MENTIONED IN THIS ARTICLE
Bloomfield
Cable
Steubenville Township
Patterson
Democratic Party
Jefferson
Kilgore
Michael Ault
David Cable
Joseph Cassel
David McGowan
J. H. Rickey
J. W. Armstrong
David England
Thomas Hanlon
Beatty McFarland
John Swearingen
Abram Alban
John Linduff
Smithfield
John Irvine
Eoch Dye
Jeffersonian Democrat Rejects Whig Bank Policy
An anonymous writer denounces the Whig stance in the latest message, praising Jeffersonian principles, opposing pet banks, and warning that Whigs seek a national bank and a monied monarchy. He notes Whig candidates nationwide and in the county as largely bankers or bank directors.
MENTIONED IN THIS ARTICLE
Messrs
Treasury
Bloomfield delegate ticket urged to defend democracy
In Saline Elliottsville letters argue the current leaders cling to moneyed power, want General Government funds, and aim to recreate federal strength. The writer endorses the Bloomfield delegation, pledging to advance Democratic principles and urging readers to send the paper to Elliottsville.
MENTIONED IN THIS ARTICLE
Federal Party
Hamilton
Bloomfield
Elliottsville
Saline
The President and the Press in the Union Crisis
The Charleston Mercury views President Van Buren’s message with measured approval, counters northern editorials labeling it Loco Foco, and argues the plan preserves public money without a Treasury Bank. It critiques objections, supports state banks as deposits, and opposes a national bank or U S Bank link while awaiting Congressional debate.
MENTIONED IN THIS ARTICLE
Charleston Mercury
North
van Buren
Loco Foco
Treasury Bank
Congress
Pennsylvania Bank
United States
Whig Leaders Oppose Relief Measures After Congress Call
The piece notes unity among federal and bank factions for Congress relief amid bank suspensions. It accuses Whig leaders of opposing the proposed relief plans and of abusing the President for summoning Congress, questioning the depth of their political audacity.
MENTIONED IN THIS ARTICLE
Congress
Globe
Gold Coinage and Specie Flows in 1837 Senate Report
In the Senate on September 19, 1837, Mr. Benton presented a printed account of gold coinage and the imports and exports of specie for 1837. The Mint coinage totaled $853,825, with imports at $10,288,876 and exports at $6,164,822 since September 30, 1836. Treasury Department data dated September 19, 1837, by McClintock Young.
MENTIONED IN THIS ARTICLE
Senate
Benton
Treasury Department
McLintock Young
Skirmish Near Dunlawton Costs Indian Lives and U S Loss
The Southern Express Mail reports a clash near Dunlawton between U S and Florida dragoons under General Hernandes and a group of Indians. Several Indians were killed and captives taken including Euchee Billy and Philip. Lieutenant MecNiel was mortally wounded.
MENTIONED IN THIS ARTICLE
Southern Express Mail
U.S. and
Florida Dragoons
Hernandes
Dunlawton
Euchee Billy
Philip
Leiutenant MecNiel
Bank resumes specie payments prompts public notes warning
The Tradesman's Bank of our city resumes specie payments and its notes will be accepted at government offices including the custom-house and post office. Citizens are warned against using shin-plaster notes as their days are numbered.
MENTIONED IN THIS ARTICLE
Tradesman’s Bank of
Daily News
Also Mentioned on This Page
THE
American Union
Jefferson County
United
Florida
25Th Ul
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!