Davis Speech on Sub-Treasury Bill in Senate
In a late night Senate speech, Mr. Davis of Massachusetts challenges new admin doctrines on the Sub-Treasury bill. He argues bank paper and the administration caused distress, cites President Jackson’s 1833 money seizure, and traces crises from 1838 to present, urging a calm response to the fiscal dispute.
MENTIONED IN THIS ARTICLE
MR. Davis
Massachusetts
V. S. Senate
Senate
Davis
Mississippi
Mr. Walker
Pennsylvania
Buchanan
Henderson
U. States
Sub-Treasury
Jackson
Debated Bank Policy and Its Economic Fallout
A speaker denounces State bank depository policy as the root of bank expansion and the credit boom. He argues the Administration promoted and boasted of a safer currency while causing financial crises, with a history of bank failures and market turmoil from 1834 to 1837, contrasting English hard money with paper credit.
MENTIONED IN THIS ARTICLE
Wight
England
Italy
Spain
Holland
France
Germany
Hard-money currency and the perils of bank paper
The speaker argues against a bill altering currency to curb imports and credit. He compares nations using hard money and bank paper, cites inflated wages and property values, and warns that reducing currency will shrink business, harm laborers, and depress credit while not solving underlying issues.
MENTIONED IN THIS ARTICLE
Residue
Europe
France
Ses
England
Spain
Italy
Holland
Germany
United States
Mississippi
Henderson
Pittsburgh
New England
Boston
New Orleans
New York
Florence
Ireland
Maryland
Mr. Merrick
Pennsylvania
Debating currency policy and wages in the Senate
A speaker opposes hard money and contraction arguing it harms debtors and workers, warns against lowering currency below needed levels, and favors broad distribution of wealth over accumulation by a few. He notes Holland’s lenders, calls for diffuse capital to spur industry, and previews a conclusion next week.
MENTIONED IN THIS ARTICLE
Mississippi
Mr. Walker
Missouri
Bentor
Holland
War talk in the press warns against boundary clash plan
The U S Gazette argues that plans to drag the nation into a war with Great Britain are a political ruse by the Locofoco faction to divert attention from the presidential race and secure another four years of misrule. It cites Harrisburg’s Keystone and hints at Gen. Jackson as a war leader choice.
MENTIONED IN THIS ARTICLE
Great Britain
Greenwich
Washington
Costein Emell Palitiomns
Locofoco Party
Harrisburg
The
Keystone
van Buren
Army & Navy
Tippecanoe
U. S. Gazette
Celebration of Loyal Spectator Subscriber in Oyster Bay
The forty-seventh bill and receipt for the New York Spectator were presented to William Ludlam of Oyster Bay. He has paid yearly for 47 years and keeps all receipts, praised for his steady habit and good health at eighty three. Also notes a Wesleyan preacher Daniel Isaac smoking with humor and reports a large Assam tea import into England from British East India possessions.
MENTIONED IN THIS ARTICLE
New York Spectator
William Ludlam
Oyster Bay
Lndlam
Spectator
Daniel Isaac
Isaac
Mew
England
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!