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Newspaper
Tarboro Press
Location
Tarboro, North Carolina, United States of America
Date
Jun 03, 1837
Page
2
We are authorized to announce Col. Joseph Bell as a candidate for the office of County Court Clerk. Also notes Republican nomination and an election date set for Thursday July 27 for Congress with General Louis D. Wilson mentioned in the same notice.
The piece argues Whigs push for a new National Bank while Democrats oppose. It critiques the power of a central bank over currency and prices, cites past bank episodes 1807 1819 1825 1828, and advocates concentrating federal finances at key points to avoid reliance on a single money trust.
Franklin argues against a national bank and for keeping public finances separate from private credit. He envisions a public officer handling disbursements with specie or Treasury claims, avoiding depreciation. He warns that state banks may fuel speculation and urges stability over private convenience.
An immense hail storm last Friday severely damaged corn and cotton crops both east and west of town. Stones reportedly reached hen egg size and remained scattered over fields for hours, causing extensive agricultural losses.
New York reports business activity nearly at a standstill as trade and commerce show signs of slowdown. Analysts cite weakened consumer demand and lingering market uncertainty affecting multiple sectors. Local firms anticipate gradual recovery as supply chains stabilize.
A National Intelligencer correspondent notes Pearl Street was crowded last year with boxes labeled for Louisiana Arkansas Missouri Georgia and the South Southwest and West but on May 23 only one bar remained for North Carolina Stocks fall with U S Bank at 103 and specie trading at a 6 percent premium The New York Express reports three million in gold and silver shipped since April and little cotton moving as buyers seek clarity on shipments.
Report claiming General Jackson suffered heavy losses in the South is proven incorrect. The article disputes the earlier failure narrative and presents revised assessments of Confederate military outcomes. The piece emphasizes the need for caution before accepting battlefield casualty tallies.
At a Wilmington board meeting on the 22d, directors resolved to suspend specie payments from that date. Source: Raleigh Standard.
A five year old daughter of Mr Reuben Dick of Greensboro North Carolina was run over by horses and carriage on the 22nd while going to school and killed. A daughter of Mr William Rankin was struck at the same time but escaped with slight injuries.
Appointments set by the Governor name E P Hall of Wilmington James Cassidy of Duplin Richard Washington of Wayne and James S Battle of Nash as Directors for the Wilmington and Raleigh Rail Road Company Andrew Joyner of Halifax is constituted Proxy to represent the State in all general meetings of the Company Raleigh Register.
Last week near Louisburg a horse frightened, overturning a gig threw Mrs Lancaster and Mrs Parsley from the vehicle. Mrs Lancaster died instantly and Mrs Parsley was badly injured with her life despaired of.
The Fayetteville Observer reports plans to place a small steam boat on the river for regular service between this place and Wilmington, connecting with the Boston steamer to Charleston and the Wilmington and Roanoke Railroad. It will have light draught, operate three times weekly each direction, and be limited to passengers.
The Portsmouth Wa. Times reports a continuous railroad line extending 245 miles by year end from Portsmouth to Wilmington North Carolina.
The Halifax Advertiser notes a recent Nash county sale where a large quantity of bacon fetched seven cents per pound, reflecting market pressures on meat prices and local trading dynamics.
The schooner Benjamin Harrison, carrying corn, ran aground a few days ago while attempting to sail through Teach's Hole. Local authorities and the crew assess salvage options as weather and tides affect possible refloat efforts.
Portsmouth correspondent reports several wreck evidences found on the beach about six miles south of Ocracoke. Planks, broken timbers, and debris indicate a late wreck.
A fragmentary notice reports no dead bodies seen and only clues from a cargo vessel unknown name. A box of books bears the names Elizabeth B Rodgers and Joseph Rodgers, plus a masonic apron with a Lancaster Bee badge. Drifting white pine planks, well painted, suggest quality workmanship. Newhern Sent.
Com. Rodgers has retired from the presidency of the Navy Board and sailed for England to seek restoration of health. Com. Warrington is spoken of to fill the vacancy thus occasioned. Wilmington Adios.
The press reports on the Correa release by Commodore Dallas are deemed unfounded. The vessel remains under executive orders, captured as reprisal, and likely to be restored to Mexico. The Natchez action is criticized but lacks broad authority for remedy amid Mexican attacks on American Texasbound vessels.
The American vessel Cham p ion, with cargo valued between fifty thousand and one hundred thousand dollars, has been condemned as a lawful prize by Mexican authorities for approaching Texas blockaded ports. The Julias sar is expected to meet the same fate, with other U S ships captured by Mexico. A messenger heads to seek redress, hoping the new President will provide a swift response and avoid Congress action in September. If not, Congress may convene early to protect Gulf commerce.
The Legislature of Virginia is summoned to convene on the 12th of June. Governor Clay of Alabama opposes calling the Legislature now, arguing public sentiment does not support it. He denounces stop laws and replevin laws as worsening the era’s evils.
Reports from Texas indicate Mexican fleet abandoned the blockade and returned to Tampico and Metamoras after capturing several American vessels, including the Champion and Julius, and the Texian schooner Independence with Cal. Wharton aboard. Texian efforts to outfit a sea-ready fleet continued as Congress met at Houston with an army totaling about 2400 men.
Reports describe best order and discipline deteriorating as May begins. Volunteers refuse duties, claim government neglect, and march with muskets to demand licenses for prisoners, while Gen Johnson resists and writes to the President. Gen F Lousy arrives with 2400 troops. 500 more at various posts. Rumors of a forthcoming dash on Mexican towns Metangry and Tampico spread as the army braces for action.
Turpentine new dip listed at 150 dollars, down from 125. Tar priced at 100 dollars. Old prices and related items noted for May 30 in Washington Market listings.
Petersburg market reports price range from 7 to 10 cents for cotoun as of May 25 with buyers and sellers noted in the local commodity column.
In Pitt county on Friday the 26th, the death of Mr. Roderick Cherry is noted.
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