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Newspaper
Tarboro Press
Location
Tarboro, North Carolina, United States of America
Date
Oct 19, 1839
Page
2
A political snippet notes the Republican candidate for president in Tarborough for a Saturday, October 19, 1939 event. It identifies Martin Van Buren as the presidential candidate.
A Philadelphia National Gazette summary notes Northern banks suspending specie payments again, including the State Bank. It explains drought in England and cotton prices pressuring banks, highlights sacrifices by merchants, and argues for banking reform and time to resume specie payments. The Bank of the United States reportedly paid out over twenty million dollars in specie since resumption.
New York reports a stoppage of the United States Bank of Pennsylvania note redemptions. The Bank of the United States in New York will not receive Pennsylvania banknotes. Post notes of forty to fifty thousand dollars are due and to be protested. Market excitement grows as suspicions arise over specie payments.
Banks in Baltimore held eight o'clock meeting of officers and directors, unanimously adopting a suspension of specie payments. The move aligns with Philadelphia, argued as prudent given limited gold and silver to cover national debt. Officials claim it preserves the country's energy and enables eventual liquidation of liabilities.
News arrives of suspensions by the Philadelphia and Baltimore banks. local directors convene to decide best course. The Virginia Bank and the Farmers' Bank vote to suspend specie payments while the Exchange Bank of Virginia, a new institution with $300,000 state stock and vault specie, declares it will continue payments.
In this analysis the whigs gain all contested seats in the next House, yielding a 121 to 121 split between Democrats and federal whigs and conservatives. By counting key votes from Garland and Hopkins of Virginia and considering Pickens as candidate, the plan projects a twelve member majority for the whigs over the combined federal whig group after subtacting five whig members from New Jersey and one from Illinois.
A memo reveals twenty five thousand dollars given to Mr Merrick by the Baltimore and Ohio Rail Road and Chesapeake and Ohio Canal chiefs to sway Maryland Legislature for six million loan aid. One thousand dollars were shared with coadjutors to push the bills. The disclosure followed Merrick versus Johnson Whig Senate race, via a MecCullock letter detailing the alleged improper influence.
A letter to MecCulloch notes that all these worthies including presidents and agents are Whigs. It is presented as an instance of Whig governance in the State of Maryland. Fayetteville Car.
Extracts from the City Documents show Philadelphia public debt at 3.65 million dollars. The balance swelled mainly under the Whig Administration of the City Councils.
The drought across the South reaches Fayetteville area with flour shipments from Stokes county and grain grinding failures. A Moore County resident travels thirty miles for corn grinding while river flow remains at record low. Cotton crops will be notably reduced though grain largely escapes damage.
On Wednesday evening the 9th instant the leg of Mr Owen Myrick of the county was so badly fractured that physicians had to amputate below the knee. The man, intoxicated, slept on the railroad track near Warrenton Depot and was run over by the Petersburg mail train. Warrenton Rep.
The Warrenton Times notes Thomas M. Ambler esq of Fauquier County sold multicaulis trees valued at ten thousand dollars from less than half an acre. The brief item records a land and horticultural transaction of local interest.
The premature frosts in the North have stunted multicaulis trees delaying maturity. Trees in the New England States are small this season due to weather, risking unsaleable stock for purchasers if early frosts continue. N. F. Star notes growers face disappointment from reduced yield and quality.
A Baltimore Patriot cor respondent reports at Tampa on September 20 that 40 Indians arrived during Gen Taylor's talks and agreed to surrender 13 of the 120 involved in Colonel H urney's deathly massacre. The 13 whites killed were the massacre victims. The treaty appears to bind Gen Maccomb's arrangement in South Florida.
The Alexandria Gazette exposes a staged duel between Joseph Seawall Jones of Shocco and H Wright Wilson of New York as a clever hoax. HH McL explains his unwitting role, noting Jones’s Texas trip and a staged scene with bloodstained items, ending with a pig’s mangled throat as the supposed evidence. Rich. Enq.
Daniel O Connell writes to English Quaker Joseph Sturge urging cooperation to persuade the British government not to recognize Texas until the Republic agrees to abolish slavery. The missive reflects anti slavery activism and international diplomacy over Texas policy.
The text argues against British support for a Mexican colony for emancipated and emigrant people of color near Texas. It asserts Texas may decide on the first part, but warns that America will not permit foreign interference with its safety, institutions, or interests, echoing President Monroe's warning.
The Albemarle Sentinel of Ken ton, halted by the death of Mr. Delano, has resumed publication under the guidance of Messrs. Taylor and Browne.
Letters to the Journal of Commerce claim that most of the 1800 troops captured by Chileans after Santa Cruz were killed in cold blood. Officers were strangled in beds. Gen Zentero was scourged and fined $110,000. The daughter witnessed the barbarity, a clergyman was whipped, and vast plunder to Chili totaled immense sums.
News from the Liver pool via New York dated the 10th discusses shorter British crops lifting grain prices in England while cotton slips. American securities drawn on Paris by the Philadelphia Bank of the United States amounting to 1.25 million dollars were protested but may be settled at maturity by Rothschild of London. The Bank of England reportedly plans to issue one pound notes seen as a substitute for specie payments. Chartists are quiet. France recognizes Texas independence. Don Carlos is defeated in Spain and has fled.
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