Manhattan Bank plan exposed in old Ohio debate
The piece argues against stockholder liability as a safeguard for bank notes and promotes a plan where banks back each other’s paper. It cites the Manhattan Bank failure of 1810 as proof that individual responsibility failed to protect note holders, and advocates a system where branches must redeem paper to prevent excessive risk. It contrasts this with a Whig proposal for a state bank with centralized control and branch accountability. The narrative then shifts to sketches of Northwestern Illinois, describing settlement, Black Hawk War memory, prairie and barrens land, mineral wealth, and the growing towns of Galena and nearby routes and politics in 1842.
MENTIONED IN THIS ARTICLE
Dayton Journal
Nocos
Pn Aple
Bank of Manhattan
Locotoco Bank
Ohio
Manhattan
Ines
Trevi
Devin
Wir
Whelder
Ullis
Cleveland
Darton
Dayton
Board of Control
State Bank of Indiana
Carr
Hese
Rocky Mountains
Black Hawk
Imran
Wiskonsau
Himois
Wiskonsan
Hinery
Galem
Grand Cnmporium
Hino
Pe Wutaning
Pradt
Fever River
Mississippi
Galena
Joe Davies County
Savannah
Chicago
Rockford
Linesport
Freeport
Orregan City
Avanna
Dison
John T. Stuart
Congress
Tle
W. Fitchville
Chez
Arrival of the Lowell and evolving Canton tensions
The New York Herald reports the Lowell from Canton arriving, with May 21 fleet movements up Canton River and a British squadron under Admiral Bremer approaching Calcutta reinforcements. Captain R encounters the fleet as British residents in Canton evacuate. News notes political shifts, including Sir Charles Bagot named Governor General of British North America and a Cleveland temperance reform story highlighting a reformed worker.
MENTIONED IN THIS ARTICLE
Uc New York Herald
Lowell
Canton
Canton River
Dewe Catan
Aner
Calcutta
Sir James Gordon Bremer
Col. Pottinger
Cape
Trthes
Cleve
Gergnal
Charles Bagot
United States
North America
Charles
Lord Maryborough
Duke of Wellington
Lord Sydenham
England
Lord Bags
N. Y. Com
Temperance Meeting in Norwalk Falls on Thursday Eve
The Washing ton Temperance Society of Norwalk holds its first regular meeting at the Committee House on Wednesday evening the 18th inst at the ringing of the bell Rev L B Gen presides Members and citizens are urged to attend by order of the Board P Alling Secretary Norwalk Oct 18 1841 Also a math problem asks how much wood to remove from each face to form a cube from a globe carved with 23.6 units edge length and a list of Ohio banks including Bank of Norwalk and several others is presented for depositors.
MENTIONED IN THIS ARTICLE
Washington Temperance Society of
Norwalk
Comit House
Norwalk Seminary
Body & Eastman
Cyrus Perkins
M. D
D.c. Cheseman
New York
Benjamin Barrett
M. J
Benj
Cook
J.p.williston
Samuel Wells
Northampton
J. G. Wal
Huron
Prices Current in New York Market Report
Corrected prices list ashes pearls flour wheat beef pork and other commodities in New York markets. Figures show meats at 9.75 for mes prime 3.75 and various grain prices.
MENTIONED IN THIS ARTICLE
YHE
New York
Ward
Oswego
D. & T. Hamilton
Milan
Fis
Obituary for Major David Underhill and Parshall-Smith children
A Ridgefield obituary honors Major David Underhill at 76 after a long illness, recalling his pioneer life in New York and New Jersey settlements, faith, and community. The notice also laments the deaths of three Parshall Smith children, aged 1, 3, and 7 months, reflecting on parental sorrow and the toll of death in a young family. The piece includes poetic consolations and urges devotion.
MENTIONED IN THIS ARTICLE
Ridgefield Township
Christian
David Underhill
Vermount
Ami
Herkimer County
New York
Diuno
Ridgefield
Vajor Cridehill
Sersemi
Parshall Simuth
Synthia
Luke
Tess
Also Mentioned on This Page
Tiron County
Andy Ome
Phat Fc
SS Cares Treasures
Suarvevar
Bronson
Ligarksfield
Diviie
Pairfield
Fraunfield
Zenwich
Jartland
Tipley
Thorman
Eluron
Washinston Total
Bank of Narivale
Belmont Bank of St. Clairsville
Bank of Chillicothe
Bank of Circleville
Bank of Cleveland
Clinton Bank of Columbus
Columbiana Bank
Commercial Bank of Cincinnati
Senate
Luke Erie
Bank of Dayton
B'k of Steubenville
Franklin Bank of Columbus
Franklin Bank of Cincinnati
Bank of Geeuga
Bank of Hamilton
Lancaster Bank
Lafayette
Bank of Cincinnati
Bank of Marietta
Bank of Massillon
Bank of Mount Pleasant
Bank of Muskingam
Bank of Norwalk
Ohio Site and Trust Company
Bank of Sandusky
Western Reserve Bank
Bank of Wooster
Bank of Wania
Waun Vanecings
Zanesville Bank
REW
N. York & Albany
P. Chesebrough
Lolwalk
SAN Sean
Sandusky City
Bnck
G. B. Smith
Sanducky
Benjamin Eis
Fairfield Townelup
Agaynst
Joel Abbott
J.N. North
J. Eb. Jennings
Fairfield
Bath
Wuron
New London
Esid County
Lochester
Lorain
John Roorback
Columbus Insurance, Company
J. R. Usborn
Wew
Lark Cash
CMASE
Afilan
Nyee
James
Jones
Stephen B. Carkhufp
James A. Jones
Steplen
D. Carkhuff
J. Whyler
Patrick
Fenese
Chauncey Burr
Auburn
S. Patrick’s Cheap Cash
Chase
Ust
H. B. Tucker
J. W. Baker & CO
Monroevile
Tilden
Clarksfield
Steve
Elyriar
Elyria
Smuth Starr
Be Ceohles & Co
waAve
Huron County
Wakeman
Florence
Hartland