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Story
May 23, 1834
Richmond Enquirer
Richmond, Richmond County, Virginia
What is this article about?
Editorial supporting hard currency via congressional coin bill under Jackson, criticizing paper money and banks for the public; reports London exports of gold and silver coins to New York and other ports.
Clipping
OCR Quality
95%
Excellent
Full Text
More Jackson Money.—If Congress will pass the coin bill, the circulation of the country will be rich in Gold and Silver. The drops of sweat which fall from The Farmer's brow will be turned to Eagles and half Eagles, and Spanish milled dollars. His bushels of corn, wheat, &c. &c. will not be resolved into a dirty rag in the corner of his pocket, promising to pay what the issuers have not the means of paying. Let the merchants have Banks for mercantile transactions. They know how to take care of themselves. But let the People and the Government of the People, beware of them. Let the merchants bank here, as they do in France, upon money—not upon the faith of the Government or the credulity of the People.—Is
"There were exported from London, the week previous to the 5th of April, 362,000 ozs. of silver coin for New York; 50,000 ozs of foreign gold and silver coin, from Hamburg: 60,000 of the same kind for Rotterdam; and 8,000 ozs. of silver coin for Montreal."—Balt. paper.
"There were exported from London, the week previous to the 5th of April, 362,000 ozs. of silver coin for New York; 50,000 ozs of foreign gold and silver coin, from Hamburg: 60,000 of the same kind for Rotterdam; and 8,000 ozs. of silver coin for Montreal."—Balt. paper.
What sub-type of article is it?
Historical Event
Curiosity
What themes does it cover?
Moral Virtue
Misfortune
What keywords are associated?
Jackson Money
Coin Bill
Gold Silver
Paper Money
Banking
Coin Exports
What entities or persons were involved?
Jackson
Where did it happen?
United States, London, New York, Hamburg, Rotterdam, Montreal
Story Details
Key Persons
Jackson
Location
United States, London, New York, Hamburg, Rotterdam, Montreal
Event Date
Week Previous To The 5th Of April
Story Details
Advocacy for a congressional coin bill to promote gold and silver currency over unreliable paper money, warning farmers and the public against banks while allowing merchants to use them; includes report of silver and gold coin exports from London to various ports.