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Newspaper
Tarboro Press
Location
Tarboro, North Carolina, United States of America
Date
May 14, 1842
Page
2
Yesterday Ephraim Dick was elected Commissioner for the town of Tarboro replacing F L Daney who declined qualifying. The change Hun?
The New York Herald reports Fashion defeated Boston in a two heat match race worth $20,000 a side. The swift four mile race set records, with times listed as 7, 324, and 745. The Enquirer quotes Virginia's call for disembarrassing the Old Dominion and urging North Carolina to abandon Federalism, praising Nathaniel Macon.
Washington Whig papers recount Wise and Stanly quibbles over cowardice and seating, Benton letters about the St Louis Post Office, an appropriation bill passage with amendments, a House carpet removal and summer preparation, apportionment at 125 to 75 favoring a district system, Ohio Whig Giddings resigning and rejoining after Creole abolition vote, with return to seat by 3000 majority.
Senator from Ohio denounces the late land revenue distribution as a hidden tax loss to taxpayers. He cites Treasury figures showing twenty of twenty-six states routed surplus funds to legislatures banks corporations and wealthy speculators, squandered without benefiting taxpayers or resources.
The legislatures of Georgia South Carolina Alabama Virginia Maine Mississippi and New York all refused to accept or endorse the bribe offered at the extra session of Congress in the form of a distribution of public lands proceeds. Rep Gen Alexander McRoe of Wil...
The Secretary of War has appointed a North Carolina militia officer as a visitor to West Point cadets. Gen McRae is praised for intelligence and practical grasp of military systems, showing thorough knowledge of all relevant theories and fields.
The United States Court for the District of North Carolina lodges Daniel and Potter, orexilingwill, as it commences its Spring Term in the city on Thursday next the 12th instant Hal. Reg.
A convention of delegates from all Virginia banks is to assemble in Richmond on the 11th to discuss methods for an earlier resumption of payments and the period fixed by law. The gathering aims to unify strategies and coordinate actions among institutions facing financial pressures. Leaders from major banks are expected to attend and report on liquidity and policy adjustments.
The Locus returns after an absence of thirteen years. Some say they signal war with a mark on their wings. Skeptical, the report mocks prophecies and doubts the omen, expressing hope they prove false.
The Fisheries on the Albemarle Sound and its rivers are in full operation with large numbers of shad and herring caught. The largest herring haul reported is 110000 fish. Buss or rock fish have been plentiful this season, with Mer Sutton on the Chowan River taking eight thousand rock in a single haul, some weighing 50 to 75 pounds.
The Raleigh Standard reports the death of Richard Jordan a Warrenton merchant aged around 30. He faced gambling pressures leading to ruin, forged debts, and a suicide after detailing the causes, leaving a widowed mother to mourn. The Milton Chronicle notes Edward A Callahan a Roxborough tutor was jailed for bigamy.
Correspondence from Petersburg Intel ligencer datelined Wilmington NC April 29 1842 notes banks will resume specie payments on Monday lowering North exchange from 31 02 percent premium and next month to one percent. Passage to Baltimore will drop five dollars next Monday. Railroads should cut charges to boost North travel via cars. Money scarce and times hard as collections lag.
The item lists several commodity prices and auction rates. Turpentine goes at 2:15, Tar at 1:02. Hams are auctioned at 5 to 5 1 2, sires and shoulders at 4 to 4 1 2. Corn ranges 55 10 60, Rice 2 3 4. Prices indicate market activity and supply levels.
The Southern Christian Repository debuts as a monthly 32 page periodical edited by Rev. T. Meredith and printed by Weston R. Gales. Priced at 3 dollars annually, it targets Baptists as a literature and theology repository and replacement for the Recorder and Watchman.
The revolutionary Free Suffrage Assembly organized in Providence on the 3rd with 1630 present, 467 armed, 54 on horseback. Welcome B Sayles elected Speaker. Votes for Senators and officers counted. Dorr reinstated as Governor. Arrests and treason charges loom as Newport and Newport arrests noted. US troops reported moving toward Rhode Island.
A party of twenty seven boys from the Farm School on Thompson's Island near Boston were on a fishing excursion with a teacher and boatkeeper when their boat capsized. All were drowned except three boys. Also Virginia Banks to resume specie payments earlier than the act. A bank convention is planned. this news is welcomed by businessmen with Virginia trading interests.
The Georgia Governor reportedly seized the Hawkinsville Bank as it enters liquidation. An examination into the Girard Bank of Philadelphia reveals gross mismanagement and implies the entire capital, raised from 14 to 5 million dollars, has been sunk.
A celebrated equestrian named Stickney leapt before two runaway carriage horses on St Charles Street near the American, catching their bridles and stopping the sprinting pair. Onlookers feared tragedy, but Stickney’s nerve saved the horses and a possible disaster.
A fragmented note states that a million was attempted to achieve a significant feat, but only the record of the attempt remains. The text is terse and lacks clear names, dates, or locations.
Captain Baker of the brig Morning Star reports from Nassau that at a special Court of Oyer and Terminer the nineteen Creole mutineers and murderers were brought up and discharged by Proclamation with liberty to go where they pleased.
A Tennessee paper reports a melancholy elopement where Miss Jernigan wed Mr Morgan despite her father’s wishes. On learning of the marriage he rushed to the scene and, attempting to enter the house, was killed. The father was a wealthy planter and respected figure. The daughter’s distress is implied but not detailed.
The central board has sat for five or six days and adjourned on Monday evening. It is understood the board has made an assignment of all assets and offers of the bank to trustees for the benefit of its creditors with protections for debtors from oppression.
Tillahassee reports Florida economy in distress as Union Bank notes fall to 50 percent of par and liquidation of debts nears 20 000 dollars in a month. Banks sue on loans, planters heavily indebted, plantations auctioned, landowners to occupy former lands. Indian threat low, murders near Madison, mass emigration from St Augustine to flee warfare. Upbeat crops and orange groves contrast with social upheaval and policy calls to end warfare.
The Caledonia arrives from Liverpool dated April 19. Markets show no change. From India a Bombay letter reports Ghazni captured and the garrison executed. General Nott, retreating from Candahar, leads 12,000 men who may hold the region for years given the force available.
Morton notes improvement in low and middling qualities since early April, with other grades at former prices. Demand was active ten days before Caledonia's sailing and sales rose. American stocks were dull with no price gains. A report that New York might default on debt payments hurt sentiment.
A condensed list of wholesale corn prices at Washington Market with figures $2 25 to $2 59, lard at 64 cents, naval stores and oils, fish and shad prices, and wholesale onion notes. Includes ranges and unit conversions reflecting mid May market conditions.
Announcement lists James J Vaughn of the 14th Regiment as a candidate for Brigadier General in the Brigade of North Carolina Military. The notice emphasizes his service and nomination within the unit and brigade structure.
Communicate announces Elder Parham Puckett will preach at Wasboro on May 29 and 30 at Lawrence's on May 31 Kehokee on June 2 Parker's on June 4 and South Quay Wagbah Buckhorn on June 14 Mount Tabor June 15 Pleasant Grove June 16 Conoko June 17 Cross Roads June 18 Conetue June 19 with additional dates at Sih and 1Sth.
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