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Newspaper
Tarboro Press
Location
Tarboro, North Carolina, United States of America
Date
Mar 17, 1838
Page
1
The Tarborough Press sets weekly publication at two dollars and fifty cents if paid in advance or three dollars at year end. Shorter periods are twenty five cents per month. Advertisements up to a square cost one dollar then twenty five cents per continuation. Court orders and judicial ads are twenty six percent higher. Letters to the editor must be postpaid.
The Albany from Havre brings Paris papers to January 16 and London dates to January 13. News reports fires in London at Lloyds Exchange, Paris Salian Opera House, and imperial palace in St Petersburg, with details on timing, destruction, casualties, and responses. British Canada focus, Army preparations for Canada, London Times notes, and Liverpool cotton market dips with weekly sales and arrivals.
Major Pilcher reports from St. Louis on February 27, 1838 detailing a devastating smallpox outbreak among the Mandans Gros Ventres Ricaras Assinneboins Crees and Blackfeet along the Missouri and Columbia rivers. He warns of near annihilation among several tribes and notes swift action including vaccination funds and agents to curb the spread. Gen. William Craig oversees Indian Affairs.
The passage discusses bank capital as a nominal sum in charters and notes Massachusetts law requiring half of it to be paid in specie and remain in banks to back circulation. It mentions the directors’ oaths to ensure compliance with the law and hints at the consequences for private speculation.
A legislative inquiry reveals a fraudulent scheme with keys used as specie, bank affidavits, and champagne christening. The Boston Advocate cites Hancock Bank where the entire $500,000 capital is lent to the president and two directors plus $10,000, with specific sums to each. When creditors demand payment, banks “pause” in refusing to settle debts.
Ohio reports thirty four banks with seventeen declining to answer the Legislature on loans to stockholders and directors. The answering banks show one million four hundred sixty six thousand one hundred seventy four dollars fifty six cents loaned to directors and stockholders. Three banks exceed their paid in capital by four thousand three hundred twenty one dollars in loans to insiders.
The Louisiana Advertiser reports Mississippi banks work to debase their own notes to buy them back at discounts. They buy cotton with their notes, ship it, draw bills on English consignees, sell in New York and Philadelphia for gold currency, then purchase limited banknotes at favorable rates. Planters risk losses as exchange disparities widen.
Official letters from Headquarters Niagara Frontier Buffalo dated February 28 describe a raid on the Batavia arsenal. Civilians under Col Worth recovered powder artillery and grape shot from a small guard, then the attackers regrouped near Comstock. A planned grand assault from about 70 men was blocked after a parley. The piece also recounts Arkansas crime coverage about the Jones brothers captured near Washington Arkansas after a tavern stop and reward notice.
Col. W seized about 250 arms, 50 pikes, 5 cannon, swords and pistols with ammo. Barracks burned and adventurers moved to the shore. all but five principal actors allowed home uninjured. City Guards under Mackay manned stations in Buffalo during Worth’s absence. reports up to Detroit on the 24th indicate calm.
Texas funds raised for churches totaling 3500 at St Augustine, 500 for Milam, 1500 for another town. A San Augustine presbytery formed a society to support gospel ministry with 250 subscribed by five individuals. Houston Telegraph notes calm on Rio Grande invasion, Lipans and Tonkewas friendly, 6000 emigrants crossed Sabine. Brigham mortally wounded by Quirk at Houston House. Quirk in irons and linked to five murders. wary comment on Texas as asylum for murderers.
The incident ended when Lafayette challenged the men not to kill the victim. They were captured, irons placed on them, paraded aboard a steamboat at Little Rock, and landed in Memphis Monday evening. A Shelby County grand jury returned a murder bill and they were jailed to await trial.
The Philadelphia Ledger reports a murder of three people Dougherty M Gowan and Conway by Patrick Kelly Lucky Kelly and Barnes McGinnne at Grey's Ferry on the Schuylkill about a month ago. The wife of Patrick Kelly testified on oath. The investigation continues amid uncertainty.
The Mercer area buzzes after a mage ishrmic trial involving a physician who returned from the east with a young student. Citizens grew wary as suspicions arose that the student, a young woman, lived with the doctor in ill repute. Warrants were issued, both were bound over for the March court in $500 bonds.
The Davenport and Cook electric magnetic machines impressed editors and citizens as incomplete devices show power may be multiplied by machinery. A 460 magnet, five pound each, equals two horsepower, with only a third used yesterday. A Napier printing press may use one machine within a week or two. The era of broader electro magnetic experiments appears ahead, and the inventor receives deserved encouragement.
Francis Craiks and his wife and daughter were returning to their Fort Wayne home when Craiks, intoxicated, drove the wagon along the canal towpath near Ball Creek Aqueduct. He dropped a rein, steered erratically, and the wagon toppled into about three feet of water. All three were trapped under the wagon. the daughter likely perished from the overturn. An Irish bystander sought help. Craiks drowned upon arrival, the wife nearly drowned but survived after being supported by ice. The wife is recovering, while the horse and driver died. The incident stands as a grim warning against reckless conduct.
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