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Newspaper
Madison City Express
Location
Madison, Wisconsin, United States of America
Date
Jan 26, 1843
Page
2
Fragmented recollection details a sensational 1843 banking and territorial funding dispute. Knapp and receivers clash over vaults and assets while Congress debates appropriations for roads and debt payments. The piece cites Governor, Legislature, and a delegate’s maneuvers with Treasury vouchers and statutory funds.
A report by Topographical Engineer T J Cram outlines preliminary surveys and balances for building a pier at the northern extremity of Lake Winnebago and related Wisconsin surveys. Unexpended funds are listed for Rock River Neenah Wisconsin rivers Michigan Wisconsin boundary and Milwaukee Mississippi railroad plans. The document details specific balances and appropriations as of the last session and references Capt Williams for hydrographic northern lake work.
The Whig Paper argues Massachusetts banks prosper under a regulator like Suffolk Banks in Boston. It urges national exchequers to limit circulation to means, restore confidence, and avert further decline while Congress decides on a national bank. It decries the country’s dire finances and calls for action to restore prosperity.
A January 9 1843 meeting in Green Bay appoints a five member committee to draft a memorial to Congress seeking federal aid for canal and lock linking Fox and Wisconsin rivers and for tax system reforms. Resolutions urge uniform township government, revised land and personal property taxes, reduced county officers, and fiscal safeguards with commissioners to circulate the memorial.
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