19 Oct 1839
Page 1
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Newspaper
Peru Gazette
Location
Peru, Indiana, United States of America
Date
Oct 19, 1839
Page
1
In Holman’s last message a misprint lists tax as thirty five dollars instead of ninety five. Town lots advertised for sale today by J Martin dale proprietor lie in a healthy fertile district and are a worthwhile investment for those seeking property in New Market.
The piece argues for authorizing the issue of state script to cover unfinished improvements if bonds stay unsold until after the Legislature convenes. It notes other states use such currency to pay contractors, while cautions against overprinting and urges completion of key works to yield future revenue.
The issue reports a major blaze in Philadelphia on the morning of the fourth, destroying or injuring over forty homes on Front and Water streets and causing multiple deaths. It also notes a New York fire wiping out a whole square with estimated losses around one million dollars, plus several smaller fires and regional news. The paper mentions election news from Ohio and Maryland, a Charleston death, wheat prices in Indiana, bank failures in Cincinnati, and counterfeit notes from Kentucky. It also reprints an Indiana agricultural society act and plans for forming a local county society.
A mournful couplet laments parting and the abrupt end of hope as life’s fragile bonds break beneath the spoiler. The speaker recalls a hoped reunion disrupted by fate.
The President's proclamation orders sales of public lands in Iowa Missouri and Illinois postponed to March next with new dates for Burlington Galena and Chicago. Indiana University trustees praise progress toward a university status and improved facilities. Missouri and Iowa dispute a northern boundary strip, while yellow fever devastates Mobile and St Augustine reports describe Indian clashes and a tornado in Newark New Jersey. Post notes in Indiana Bank currency debates note discounts and exchange issues. A mob of varied items includes an odd tale of a tavern owner and pork price predictions for the coming season.
The Rushville Herald denounces the Indiana state bank issuing post notes, citing poor credit and past failures in Mississippi and at the Bank of the United States. It argues banks must redeem obligations on demand to maintain usefulness and trust.
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