28 Feb 1862
Page 1
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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Ellsworth American
Location
Ellsworth, Maine, United States of America
Date
Feb 28, 1862
Page
1
Five years after a man greets with joy at news of a boy, he becomes gruff and unfriendly. The verse hints a change in fortune and mood, hinting at a hidden cause behind his happiness and subsequent sorrow without detailing events or names.
A long letter from Boxvestowy New Jersey dated February 1, 1862 discusses loyalty during the Civil War, noting government harmony with some rebels and the need to support the Union. It describes Monmouth County sleighing, local agriculture, and market conditions, then shifts to national finance, debating currency issues, taxation, and the merits of government paper versus specie payments, with references to Peel and revolutionary-era finance.
The speech argues for strong executive action amid the Civil War, defending emergency powers as constitutional while criticizing plans to issue large Treasury notes. It questions the value and reliability of paper money, contrasts it with specie, and warns about bank and creditor implications, urging practical currency solutions to fund the war effort.
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