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Speech by Mr Ewing on Treasury order rescinding land funds
Senator Ewing of Ohio denounces a July Treasury circular directing land payments in gold and silver, arguing the move aimed to keep funds in deposit banks. He asserts hidden motives behind the order, critiques Treasury misreporting, and links the measure to land sales, bank interests, and the pending land distribution bill.
MENTIONED IN THIS ARTICLE
Ewing
Ohio
Senate
House of Representatives
Treasury
Secretary of the Treasury
Missouri
Benton
West
Secretary of the ‘Treasury
United States
Congress
Washington
Florida
Rocky Mountains
Bank currency and land sales debate in Congress
A speaker argues treasury orders harmed western banks by forcing paybacks and reducing gold and silver circulation. He contends land purchases and paper deposits inflated credit, disfavoring ordinary citizens and favoring well connected buyers while arguing produce prices rise due to restricted credit.
MENTIONED IN THIS ARTICLE
Ohio
Pennsylvania
New York
Michigan
Virginia
Congress
United States
West
Indiana
Treasury
Also Mentioned on This Page
Ewina
Treasury Order
Union
New Orleans
N. York
Banka
Land Office