Weekly Review on Coin Payment in Final Passage
The item notes a debate during final passage where the Committee of Ways and Means chair affirms that only interest would be paid in coin. It quotes critics like Join Sherman and Oliver P. Morton arguing against allowing bondholders to demand coin for principal, labeling such moves as extortion or repudiation after selling bonds at about sixty cents on the dollar.
MENTIONED IN THIS ARTICLE
Carr's Block
Main Street
Elisha Nye
Monmovrh
Itf
Wilks
C. Er
Monmouth
Iil
Congress
Joan C. Carnoun
Treasury
Thomas Jefferson
Committee of Ways and Means
Tnappr
Stevans
Sherman
United States
Oliver P. Morton
CAC Yoat -Ssccsecsceee
Ireland
Nero
Rome
Our
Republic
France
Albert Rhodes
What Ben Franklin Thought
An editorial piece cites Franklin’s views on paper currency in 1730s Massachusetts and Pennsylvania. It discusses the role of currency in trade and growth, debates among elites, and the idea that early currency helped build towns while later contraction harmed business. It contrasts with modern banking and notes an obituary item about Major Forbes, an Indian agent.
MENTIONED IN THIS ARTICLE
America
Massachusetts
New England
Philadelphia
Walnut Street
Chestnut Street
Franklin
Beding
Pennsylvania
Jackson
Democratic Party
Benton
Notable bitter bones over bondholders and banks in seven years
The Chicago Tribune denounces Hon. Wm. Kelley as a turgid demagogue for praising communism and confiscation. The St. Louis Times counters that contraction and the wealth grab by eastern capitalists and national banks are the real confiscations, with calls for resumed specie payments and bank reforms. The piece notes a Sara toga bankers’ convention, a Supreme Court ruling on liquor sales to intoxicated husbands, ex Senator Carpenter predicting Grant’s third term on hard money, and a humorous Rawlins remark about seven-year shifts in Washington.
MENTIONED IN THIS ARTICLE
The
Chicago Tribune
Wm. Kelley
Pennsylvania
Ohio
Tribune
Springfield Register
St. Louis Times
Radical Party
Matt. Carpenter
Gen. Grant
David Davis
U. S. Supreme Court
The 1875 Treasury Bond Redemption Debate
The Indianapolis Star reprints a 1875 counterpoint criticizing the plan to redeem Five-twenty bonds with gold, arguing it would swap greenbacks for gold bonds and enrich New York bankers. It claims that paying earlier would have saved vast interest, fueling productive industry and avoiding absentee foreign control.
MENTIONED IN THIS ARTICLE
Pont of Grace
Bristow
Treasury
Republic
Congress
Treasury of
United States
Washington
Secretary of the Treasury
D&c
McCulloch
France
New York City
Strange canine bond and street currency humor in a collected tale
A Brooklyn correspondent recounts a long story about two dogs showing deep attachment. One dies in a barn, the other reacts with grief and soon dies. The piece also threads through anecdotes of a coat vendor in Atlanta, a Frenchman’s frugal acts, and a humorous parable about self control from a colored church and a Cedar Rapids camp meeting.
MENTIONED IN THIS ARTICLE
Brooklyn
Popular Science Monthly
Long Island
West Point Limitations Shaped Civil War Leaders
Von Moltke argues American generals were hampered by West Point exclusivity. He notes few leaders emerged due to restricted field of selection, contrasts with the large pool in Prussia, and cites Ericsson’s naval innovation as a rare civilian genius. He concludes U S talent would require vastly larger candidate pools.
MENTIONED IN THIS ARTICLE
Tom
America
West Point
Hudson River
Ericsson
Carnot
Weis
Saloon debates on presidents and a busy mining journal item
A tavern talk in a Front Street saloon features a quarrel over whether General Cass was ever president and a witty exchange about succession to the presidency under Taylor and Fillmore. The piece also notes Beecher's reception plans, Gorham’s harvester binder invention, and a Highlander quip about a dram.
MENTIONED IN THIS ARTICLE
Preston
Gen
Cass
United States
Jim
Casa
Congressional Globe
Taylor
Fillmore
Washington
Senate
General Cass
Afarquette Mining Journal
Also Mentioned on This Page
Woodward
Main
Public Square
J. Harvey & Co
Illinois
W. P. Smith
First National Bank
G. W. Kennedy
West Side of Square
Monmouth, Ill
Reimer Lahan
Indian Sign
East Street
Ill
Pipes, &c
Market Place
Scott
Spriggs & Bro
Monmoth
John A. Gordon
Notary Public
Rostvittz, Warren Co
J. H. Righey
Ile
Galesburg
Caledonia Block
Joan Johnston
Semlitt
Geo. P. Conrad
Billiard Room
East St. and
Pacific
LyChicago
Cameron
Kirkwood
Biggsville
Sagetown
Burlington
Freignt and Accommo
AvBurlington
Ard
Ains East
Atlantic
ArChicago
Chicago
J. D. Arms
D. W. Hrroucoer
RBI & St L Railroad
St Louis
Bushnell
Youngston
Creek
Roseville
Cb&qc
Monmont
Grove
Alexandri Arltock
Isiai
ENS
Mail. Express
LyRock Island
St. Louis
J. H. Williams
A. T. Walker
Madden's Block
Jancis
William Marshall
James D. Sterett
Marshall & Sterett
LAW and Solicitors In
Chancery
Wra
F. Smith
J. Glenn
Joan W. Matthews
Glenn & Matthews
1Tronneys & Counsz
Ons At Law
Ilinois
Monmouth National Bank
I. M. Kirkpatrice
Pitari Anp
Broadway
George Babcock
H. Marshall
Monmouth and Vicinity
Hardin's Block
Pettit & Cos
E. C. Babcock's
George Snyder
James G. Madden
Trormngy At Law
Illnois
Madden
North Side Public Square
Norcross
Westside Public Square
A, IL
Stewart
D. P. Phelps Stewart & Phelps, Tronneys
Law and SoLiciToRs
Joan Porter
Iran
Mosher Porter & Mosher
Harlin’s Block
John T. Morgan
Warren County
WM. F. Smith & Son
Southwest Corner
A. J. Shaw
Tas
First Door
1St National Bank
Bragon & Son
Mats Street
Roseville, Ill
B.ragon & Son
B.ragon
J.C. Winter
Collins
Correr Main Street
Moline
Moline Windmill
Weekly Review
Greenback
Ben. Franklin
St. Paul
Major Forbes
Grant
Beecher
Chapin
Alexis
Minois
W. H. Rankin
Robt. Holloway
Durham Lawn
Robt
Holloway, Alexis
Clinois
Saratoga
Mr. Sterling
Supreme Court of the State
Dramseller
Bophy Couan
General Hillyer
John A. Rawlins
Lome
Europe
Atlanta
Temprarion
Vicksburg Herald
Cedar Rapids
Monte
Aininies Rayer
Saesecard Monte Wana
Kentucky
Shnnesota
Missou
New York
New Jersey
United Presbyterian
M. W. Gorham
Rockford
Rye
Donald McTavish John
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!