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Editorial
July 7, 1837
The Charlotte Journal
Charlotte, Mecklenburg County, North Carolina
What is this article about?
An editorial denounces 'Kendallism,' where Amos Kendall refuses Post Office warrants as payment for debts owed to the department, deeming it a fraud and worse than banks' refusal to pay in specie.
Clipping
OCR Quality
95%
Excellent
Full Text
Kendallism'—Amos Kendall refuses to receive the warrants issued by the Post Office Department, in payment of Post Office debts! This is infinitely worse than the conduct of the non-specie paying Banks, which are the daily objects of the Globe's abuse. While the Banks refuse to redeem their notes in specie, they do not hesitate to receive them from their creditors, in liquidation of their debts. But Kendall issues warrants to the creditors of his Department, in lieu of "gold and silver," which he arrogantly promised should be always forthcoming to meet demands against him, and then refuses to receive back again these warrants from those indebted to him! Such conduct amounts not only to a confession of bankruptcy, but is a downright fraud upon the public.
What sub-type of article is it?
Partisan Politics
Economic Policy
What keywords are associated?
Kendallism
Post Office Warrants
Non Specie Banks
Government Fraud
Bankruptcy Confession
What entities or persons were involved?
Amos Kendall
Post Office Department
Globe
Editorial Details
Primary Topic
Criticism Of Amos Kendall's Post Office Warrant Policy
Stance / Tone
Strongly Critical And Accusatory
Key Figures
Amos Kendall
Post Office Department
Globe
Key Arguments
Kendall Refuses To Accept Warrants Issued By His Department For Debts Owed To It
This Is Worse Than Banks Refusing Specie While Accepting Their Own Notes
Kendall Promised Gold And Silver Payments But Issues Warrants Instead
Such Actions Confess Bankruptcy And Constitute Fraud On The Public