Financial reform and currency policy address 1837
President Van Buren outlines the national response to financial distress. He argues for constitutional limits on federal interference, supports banking regulation, and urges bankruptcy uniformity. He discusses Treasury needs, debt obligations, and temporary notes while planning restraint and reliance on private enterprise.
Treasury Message and Treasury Report Heads
The article notes copies of the President's Message and the Treasury Secretary's Report passed to Edward Stao ly and Jesse A. Bynum. The Message outlines the Report's eight heads on Treasury condition, bond payments, deposits, note issues, public money safekeeping, and appointing revenue commissioners at key points to manage disbursements.
MENTIONED IN THIS ARTICLE
Edward Staoly
Jesse A. Bynum
Secretary of the Treasury
Treasury
Report on Settlement Methods and Public Dues Concerns
The report aligns with the Message on settlement with late deposit banks and the money deemed due for public dues. It also outlines several general causes and remedies for current embarrassments, explaining them more minutely than the Message.
Political split forms in Congress on Sub-Treasury plan
Report notes 22 voters for Mr. Allen the Madisonian editor become Conservatives and oppose the Sub-Treasury plan. Prominent names include Rives of Virginia and Tallmadge of New York. Printing duties will pass to Gales & Seaton as Mr. Allen is unprepared. Calhoun reportedly approves the Sub-Treasury scheme.
MENTIONED IN THIS ARTICLE
Congress
Allen
Madisonian
Messrs. Rives
Virginia
Tallmadge
New York
Messrs
Gales & Seaton
Calhoun
Richmond Enquirer Editor Opposes Sub-Treasury Plan
The veteran editor dissents from presidential views on public revenue handling. He argues Sub-Treasuries are less safe and convenient than state banks, urging reform of the state bank system before adopting the Sub-Treasury executive machinery. He warns against rushing to an unconstitutional national bank and calls for re evaluation.
MENTIONED IN THIS ARTICLE
Richmond Enquirer
Treasuries
Senate Passes Bill Delaying Fourth Installment to States
The Senate approved postponing the fourth deposit installment to the States by 28 to 17 and sent the measure to the House. It then authorized Treasury Notes totaling ten million dollars. In the House, new bills seek extra duties on depositories for public officers and to settle remaining claims on late deposit banks. The session’s work likely centers on the President's Message items with no adjournment before October 1.
MENTIONED IN THIS ARTICLE
Congress
Senate
House
Secretary of the Treasury
Treasury
House of Representatives
Maine election yields Whig gains and governor race win
The Maine returns show a sharp Whig advance with their candidate Mr. Kemt elected governor and a claimed majority in the legislature.
MENTIONED IN THIS ARTICLE
Maine
Kemt
President's Message Reaches Boston in About 24 Hours
The message from the President arrived in Boston roughly 24 hours after departure, covering a distance of nearly 500 miles as officials reported timely delivery and swift communication.
MENTIONED IN THIS ARTICLE
Boston
Steamer Launched at Baltimore Under Captain Thompson
A fine steamboat 136 feet long and 29 feet beam was launched on Saturday at Baltimore. It was built under the direction of Captain Thompson for the United States government.
MENTIONED IN THIS ARTICLE
Baltimore
Thompson
United States
Engine Department to Convert Dredging Machine in Core Sound
A dredging machine owned by Lin Company will be deployed by the Engine Department to clear the harbor channel in Core Sound North. The operation aims to improve navigation and reduce sediment buildup along the shoreline.
MENTIONED IN THIS ARTICLE
Core Sound
Indian Agency Requests and Florida Recruits Burned
The article notes generals authorized to call troops by Kentucky and other governors for Volity and force. War Secretary requisitions furbish Florida service from South Carolina. About 1409 recruits at Fort Monroe bound for Florida. Indian emigration rumors persist. Powell asserts Arpinki as their leader. Buildings at Volusia and Py Mellew burned by Hieg HQ.
MENTIONED IN THIS ARTICLE
Kentucky
Gres
Alabama
Powell Ay
Arpinki
Volusia
Py Mellew
Hieg
Branch Mint readiness praised for coinage machinery
The Chintley Journal reports the branch mint at that place is nearly ready for coining with Theo noting the excellent look and condition of the machinery, indicating high terms of approval for the setup and appearance.
MENTIONED IN THIS ARTICLE
Chintley! Journal
Theo
Murder Verdict Reported Against Morris Sherhorn
A court records Morris Sherhorn convicted on the 29th in connection with the murder of Henry Massey. The defendant faced death by hanging, with the case tied to actions at Charlonte jail on Istins Rakih Street.
MENTIONED IN THIS ARTICLE
Morris Sherhorn
Wipty
Henry Massey
Hauving Bigs
Charlonte
Losses from late storm hit crops in South Carolina and Georgia
One third of the corn crop in South Carolina and Georgia is computed to be lost by the late storm. The rice bush suffered a considerable expense from the same cause.
MENTIONED IN THIS ARTICLE
South Carolina
Florida Storm Damages Crops and Property
A tremendous Florida storm last night caused heavy crop losses with cotton nearly wiped out in places and tides rising up to ten feet at Appalachicola. Property damage is estimated above $200,000.
MENTIONED IN THIS ARTICLE
Florida
Iast
Appalachicos
Stage Accident On Satinly Night Near Bachelor Creek Bridge
A stage on a windy winter night crossed a logs bridge over Bachelor Creek when ice and floodwaters caused wheels to swing and the stage to overturn. The mail and bags toppled into the stream. only the lone passenger narrowly escaped with life as the driver and another passenger watched the mail disappear downstream. Newbern special report.
MENTIONED IN THIS ARTICLE
Bachelor Creek
Newhern Spe
Trial of Gordius Lucredge Ends With Acquittal
At the Court of Examination in Sufi the trial of Gordius Lucredge, superintendent of the car area, for the rail road accident involving a Portsmouth and Roanokee Road passenger train and a lumber train collision that caused many deaths, concluded with his unanimous acquittal. Blame was attributed to the captain of the lumber train.
MENTIONED IN THIS ARTICLE
Sufi
Gordius Lucredge
Conli
Portsmouth
Roanokee Road
Vorfoll Ue
Coin worn smooth by postage use in Cincinnati
A fragment notes a rare quarter-dollar in Cincinnati used so much for postage that it has become nearly worn down to a pisiareel, illustrating how everyday transactions wore away at coinage.
MENTIONED IN THIS ARTICLE
Cincinnati
From Europe Liverpool P pers to the 16th ult
Liverpool papers from Europe note an advance of four pence in the price of the packet service. The message indicates a change in rates effective as of the sixteenth last month.
MENTIONED IN THIS ARTICLE
Europe
Liverpool
Also Mentioned on This Page
Treasury Department
Executive Department
Union
M. van Buren
Washington
Tarborougu