Bank Reform and Democracy in Ohio 1842
A lengthy letter from THL Ham in Georgetown Ohio argues for bank reform against hard money interests, criticizing banking law provisions, individual liability, and the need for a sound currency. He urges Democrats to adopt a flexible banking system and warns against exclusive metallic currency.
MENTIONED IN THIS ARTICLE
Fairfield County
Otto
Brown
Fairfield
Civcimonti
Columbus
Chillicothe
Siles
Board of Directors
Merce
Yoursulf
Zanesville
Democratic Party
Ohio
Ohio Statesman
3D Inst
Senator Taylor
John Taylor
Caroline County
Virginia
Mudary
Jackson Democratic
Congress
Lam
Tappan
Supreme Bench
Bell rings in the old house as questioned voices rise
Peter asks what caused the bell to ring while John insists someone is pulling the rope. The exchange hints at a deliberate act or mystery behind the mysterious sound.
MENTIONED IN THIS ARTICLE
Peter
John
Jacksons Pine-Again and the refunding bill debate
The article analyzes the failed May bill to refund Gen Jackson the fine and costs with interest, noting the lone proponent Mr Sturgeon of Pa and the largely opposing federal Locofoco bloc. It cites Bayards amendment to strike the bill and return the money, arguing the motive was partisan gain and infamy to Jackson, with the Whigs calling the rescue an indignity rather than justice.
MENTIONED IN THIS ARTICLE
Jackson
Feds
Federal
Sturgeon
Senate
Bayard
Gen. Jackson
New Orleans
van Buren
Congress
Treasury
New York City Supreme Court Rebukes Mayor Over Alderman Clerks
The New York Supreme Court unanimously issued writs of mandamus directing Mayor Morris to swear in the Whig Alderman and Assistant, Gilwart, and the Whig Clerks. Locofoco judges amid partisan tension. The Mayor appeals to the Court of Errors as the newly convened Council ousts 204 Locos and plans further removals to reduce to about 1000 Locofoco allies in city government.
MENTIONED IN THIS ARTICLE
New York City
Supreme Court of
New York
Moris
Gilwart
Locofoco
Court of Errors
Senate
Supreme Court
Comm Council
Defiancs
Toco
Money Matters Circulation Figures for Cincinnati Banks
The Cincinnati Gazette reports bank circulation as of June 1, 1841 and June 1, 1842. The four chartered banks Lafayette Franklin Commercial Life & Trust Co fell from 1,433,424 to 294,220, a drop of 1,129,201 in one year, with Ohio banks likely reducing overall circulation to about half a million. The piece also discusses hard money standards and calls for publication of a letter by Thomas Hamer from the Ohio Eagle, offering the Experiment editors fair treatment and plans to include a history of Hamer’s political character, contrasting pro and anti reform stances.
MENTIONED IN THIS ARTICLE
Lief
West Union
Collmns
Auditor of State
Ohio
Ohio Statesman
New Orleans
Chillicothe and Wooster
Franklin Bank of
Columbus
Franklin
The
Cincinnati Gazette
Cincinnati
Lafayete, Franklin, Commercial, and Life & Trust Co
Ohio Bank
Thomas
Hamer
Ohio Eagle
Oho Patriot
Thomas L. Hamer
Shannon Bank Reform Democrat
Mr Hammer
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