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Logansport Herald in Logansport, Indiana

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Newspaper

Logansport Herald

Location

Logansport, Indiana, United States of America

Date

Aug 02, 1838

Page

4

Proclamation on Resumption of Specie Payments in Pennsylvania

Governor Rirner declares that Congress failed to grant full control over national wealth and currency, urging banks to resume redeeming notes in gold and silver by August 13. The move aims to restore credit and deter illegal paper money, with Pennsylvania poised to enforce constitutional measures if needed. The Pennsylvanian hails it as a victory for Democracy against irredeemable Federalism and Anti-masonry.

Hiladelphia Rirner Congress Commonwealth of Pennsylvania Union Pennsylvanian Pennsylvania

Banks Move Toward Resumption of Specie Payments

At a Philadelphia General Committee meeting the resolutions backing a convention were passed by a large majority. The Bank of the United States will stop paying or receiving interest on balances after August 1 and will adjust balances by payment. A circular to out of town banks explains the move but cautions it is not a general resumption announcement. Letters from Philadelphia imply a wider resumption on August 1. The General Committee dissolves, leaving each bank to act independently as Mr Biddle loses control.

Philadelphia General Committee of Banks Bank of the United States Biddle New York N. Y Cass Indiana Hyacinth Lasselle Senr Lasselle al W.G G. W. Ewing

The Tables Turned on Mr Biddle in Congress

The House passed Grundys bill making it a felony to reissue the redeemed notes of thedefunct United States Bank and imprison finethat action. The law now stands with Senate approval and support from some of his abettors. Only a few allies defended him on the floor.

Grundy United States Bank Biddle Senate

Congress Swindling Charges Stir Debates and Orator Feuds

Washington correspondent notes Whigs balk at opposing the bill while Mr. Wise defends the measure against Biddle resurrections notes. Forrest named New York City July 4 orator sparks party attacks as British fleet strengths are reported. Anecdotes cover a farmer’s folly and Amherst College goose prank.

Forrest Orrosirion City of New York the Times Boston Morning Post

WEW Goods Offer Broad Fall and Winter Stock at Logansport

NANNA McCLEERY and DART advertise a large general assortment from New York to Cincinnati. Dry goods include cloths buckskin prints and shawls with extensive hardware items and a broad hardware and cutlery line. They offer cash or reasonable credit and thank patrons for past support in Logansport dated April 25.

Litle & Jerolaman Logansport PME New York Philadelphia Pittsburg Cincinnati Petersham Scotch Cambray Plain & Bard Childrens’ Co Nanna, McCleery & Dart B.O. Spencer & Co St. Croix Jamaica Malaga Horkheimer Benj. Ganson Market Broadway

Also Mentioned on This Page

Trary Washington New York Journal of Commerce Wise Albany Argus North America Quebec Halifax Newfoundland and Labrador Commercial Herald Humphrey Amherst College W. Guns Paget Hercules Hastings West India Squadron Bermuda S. Tipton Yellow House Col. J. Vigus Bridge and Broadway Streets North Street GEQ Myers Gong Iss DR. Warren Litle & Jerolaamln Market Street Fo Ati Hanna, McCleery & Dart Cass County J. H W. Kintner Contr. Cass Co Doz Steubenville Hanna, McCleery & Part Il. A. Smead & Co Spencer, Rice and Hopkins Spencer & Co RE. P. Hopkins Jone En Pd i Bridge Street Market & Broadway BELL Spencer, Rice & Hopkins Indianapolis Glascoe Glascoe & Harrison Wabash Jos. Barron B. Ganson Jridge Street Hanna, McCluery & Dart C. Carter’s Family Library Dick’s Works Irvidg’s Scott’s Cooper’s Sherwood’s Bulwer’s Edgeworth’s Boys’ and Girls’ Library C. Logansport Daniel Reed Fort Wayne Alex. Grimes Richmond Ind Litle Jerolaman A. Smead & Co Kentucky Rouen Cass'r Marseilles Valencia Ats Morocco Mammerntmetely Wholesale & Retail ITE Ud. Do R. A.G Astley Cooper London Edward Delafield University of the State of N. York Amos G. Hull Vesey Street Astor House N. York E. B. Strong H. A. Smead & Co
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