03 Apr 1841
Page 1
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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Tarboro Press
Location
Tarboro, North Carolina, United States of America
Date
Apr 03, 1841
Page
1
The Tarborough Pass weekly subscription costs ten dollars and fifty cents per year if prepaid or three dollars at year end. Monthly rates apply for shorter terms. Advertisements up to one square are one dollar for the first insertion and twenty five cents for each continuation. Court and judicial ads incur a twenty five percent markup. Letters to the editor must be postage paid or not attended to.
An early advertisement touts Dr Phelps Compound Tomato Pills as an entirely vegetable remedy for numerous ailments caused by im purities and morbid secretions. It claims alterative and cathartic effects, listing conditions from dyspepsia to bilious diseases, rheumatism, nervous disorders, and liver issues. The ad asserts travel safety benefits for hot climates and marshy regions, urging use after meals and highlighting testimonials and certificates.
In a late number we discuss Gen Wilson from Edaceonbe who offered an amendment to restrict Banks from suing debtors while withholding payments to creditors. We publish recorded votes: 26 in favor of Banks suing while not paying, 21 for protecting the people. The author argues for revisiting the issue and outlines a new amendment restricting bank officers from manipulating exchanges and suspending payments, with penalties for violators.
In a heated critique, the writer denounces high exchange rates and bank mismanagement impacting merchants who must trade for New York money. They condemn bank officials who voted against Gen Wilson's proposal, name local lawmakers, and defend a sound paper system while warning of future coverage on the Banks bill.
A fragmented excerpt traces early Congress sessions and inaugural dates, noting John Adams oath on March 4 1797 and Jefferson’s inauguration, with references to May 17 1797 and November 23 1797 addresses. The text stresses the hollow feeling of repeated sessions during the government’s early years.
The article discusses historical currency debates and the 1830s to 1890s paper money cost analysis. It cites Secretaries reports and bank expenses, estimating annual country losses at $38.4 million in ten years and total losses near $200 million since 1730. It argues paper promises cost more than their convenience unless backed by truly convertible currency.
Excerpted letter from Joel Crawford, dating November 14, 1840, urges Georgia to establish a strong state credit and stable revenue laws to fund public works, arguing taxes must be imposed and the state show resolve to pay debts. The piece also notes a Toronto report claiming about 15 000 British troops plus equipment in Canada, totaling over 20 000 in British North America.
The Tarrisonian reports a West Tennessee illness once believed a plague is caused by poison from flour ground at a mill by an Irish worker. He has been arrested.
The Cincinnati Republican reports a duel at Allen Illinois on the fourth inst between Judge Smith of the Clinoix Supreme Court and Abr McClernand state secretary of Illinois. They fired rifles from fifty paces. Judge Smith was the challenger and killed instantly.
The Court in Bank of Ohio declares stage coach proprietors common carriers responsible for passenger and baggage safety. Notices such as all baggage at owner risk do not relieve liability. Water is baggage, and trunks belong with travelers. Prolonged adoption of similar rulings across states noted.
A garbled passage describes evolving evasion of legal duties in marriage and consumer contracts. It references a New York trial where a husband faced charges over his wife leaving him and the legal notion of necessaries. The jury returned a verdict for the defendant, amid notes on social norms and credit reliance in early courts.
The Philadelphia Ledger reports a downward market trend with yesterday’s prices low. United States Bank is said to have delayed payments while John Jacob Astor of New York reportedly lost about a million dollars on U.S. Bank futures.
The Illinois Legislature repealed the act declaring the bank’s charter forfeited for suspending payments beyond sixty days. It allows issuance of two year notes and fixes interest at seven percent for short loans and nine percent for longer ones. The bank must take 320,000 state bonds at par within two years to fund interest on the state debt.
The Cecil Gazette reports a black boy in the area crafting an entire miniatype steamboat with cabins, decks, windows, paddles, and machinery so precise it could move by a child. It also discusses scholarly notes on the Book of Moses and ancient wine in Egypt with references to classical writers.
Doctor Teaman Stillman informs the New Orleans Advertiser readers that he has spent about $20,000 on printers and presses to advertise his concentrated syrup of Sarsaparilla and pills. He claims receipts totaling $1,000,000 in the past three years, asserting remarkable profit from his patent remedies.
Fragmentary OCR notes a collapse near Naples on the 22d with 14 sites and a Weigelt structure. Detailing 113 persons buried, 635 dug out, five alive, and hopes for recovery.
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