Update on Indian expedition and local sentiments
A St. Louis dispatch reports 75 persons returned from the ruins with discouraging findings and no new gold discoveries. About 6,000 Ludians and 150 mills from Fort Viering prepare to host Gen. Sully. Rumor says Lieut Col Bowman may flee West Point over Gen McClellan’s monument dedication. The resignation of Sec. Chase is reportedly confirmed. Gold opened at 270 and closed at 4.0.
MENTIONED IN THIS ARTICLE
St. Louis
Fort Viering
Sully
Col. Bowman Ins
West Point
Gen. McClellan
Financial crisis prompts cabinet shakeup and Chase resignation
The Chicago Times reports Secretary Chase’s resignation amid a collapsing financial system. Criticism targets the administration’s fiscal policy, daily expenditures near two million, revenues under half a billion, and calls into question the President’s handling. The piece argues the financial ship is sinking and mocks the President’s choice of successor.
MENTIONED IN THIS ARTICLE
Chage
Mc Chase
Congresa
Congress
Chase
Tod
Ohio
Queen City gunboat captured by rebels on White River
June 29 dispatch reports the tin-clad Queen City, under Acting Master M. Hickey, captured at Clare nden White River by Ken Shothy’s force of about 2,500 rebels. Most officers and crew were taken, batteries fired at dawn disabling the gunboat, three guns and ammunition seized before Union gunboats forced rebels to retreat.
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Arkansas
Bowla
Queen City
M. Hickey
Clarenden
White River
Ken Shothy
Rexcus
Buga
United States National Loan Terms and Subscriptions
The text outlines a 1804 Act enabling a national loan with five percent interest paid in coin or bullion, secured by the country’s property. It notes the funded debt at $7,849,985,009, estimated interest of $45,007,195 for the coming year, customs revenue around $100,000,000, and subscription ranges from $90 upward. It mentions large subscription demand and the treasury in Washington receiving much of the funds.
MENTIONED IN THIS ARTICLE
United Mintenon
Marcel
Interecaston
Resignation and Civil Unrest Reported Across Washington and War News
The document recounts Mr Chase's long prepared resignation amid ongoing treasury investigations and a luxury tax plan, noting government strain on credit and political friction. It also covers a Herald dispatch from July 1 detailing Union actions near St Marys Church, Gregg and siege artillery, and a Liverpool steamer Arabia en route to New York with minor political updates.
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Havaiers
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Trenaury Department
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Ways and Means Committee
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Congress
Sanvy-Hoor
L-P.-M
Arabia
Liverpool
New York
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