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Warren Mail in Warren, Pennsylvania

30 Jun 1874

Page 2

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Newspaper

Warren Mail

Location

Warren, Pennsylvania, United States of America

Date

Jun 30, 1874

Page

2

Congress and Finance Debate Amid Amusement in War

The six month session ends with a $382,000,000 greenback volume and a five percent treasury reserve substitute for circulation. Senate pass rate 48 19, House 221 40. Reports mock Congress antics and critiques of currency theory and the No appetite argument.

MENTIONED IN THIS ARTICLE

Congress Treasury Senate Scott Cameron House Col Curtis Judge Scofield New York City N. Y Times the Tribune Wallst Tribune Washington McClellan Switzerland Florida New York Order of Patrons of Husbandry Ohio Maryland Delaware Michigan Ortwein Hammet Pittsburg Mark Twain Hartford Northwest Oregon Sadow Williams Davenport Grange Winona Wisconsin Owatonna Brooklyn Greene County Catskills Illinois Presbyterian Patton Presbytery Chicago Dunkards Girard Ill Simmons L. D. Hazeltine & Co Carver House Warren, Pa
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The Currency Debate and the Panic of 1875

A reader critiques a public speech arguing the suspension of the greenbacks stems from circulation shortfalls. It questions claimed currency totals, cites losses from destroyed notes, and warns that reliance on bank issues without greenbacks could damage recovery. The piece previews further discussion next week.

MENTIONED IN THIS ARTICLE

Eorror Scofield Congress Cople Treasury
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Also Mentioned on This Page

Warren Mail Congressional Ben Butler Phelps, Dodge & Co Sanborn Mercury Foster Butler Creswell Eugene Hale Maine Hale Democratic Morton Logan Indianapolis Journal Republican Party Ohe Jersey City Journal Pune Grant G. P. Howell Heights Howell Prospect Avenue Presbyterian Church Flowell Minyster Wasuburn Paris Decater Bancroft Warren Presbyterian Church Pennsylvania Harrisburg Mrister Schenck London Cleveland Rhode Island U.S Burnside Dixon Barstow Scattering Syracuse Sve Central Baptist Church B. Gratz Brown United States Busti Martin Boyd Elkop Sarah Graw Barger BEC Sill, Carver & CO Sutherland, Noyes & Co First National Bank Warren Farmington J. H. Houghwot R. E. Miller F. M. Knapp J. H. Houghnot Farmington Township Johnson Am’t Rouse Fund G. Bishop J. W. Ballard H. J. Bishop Financial Statement Pittsfield John Mead W. F. Dalrymple NEW Firm Smith & Son 1St National Bank Second Street C. Smith & Son Penn’a Univ Pennsylvania Panther Grenadines Josephine Windsor Sr. Nicholas Hotel D. S. Werp Express W.R. Andrews Broadway S. Weld Victoria Desilver Weld Water Street Spanisez Scare Uuaces Water Streets Orryn Seper Yard Lie Lonsdale Northwestern Hamburg
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