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The Hillsborough Recorder
Hillsboro, Orange County, North Carolina
What is this article about?
Criticism of administration's handling of French indemnity in gold, as banks refuse gold payments for claims: Bank of America in New York and Girard Bank in Philadelphia rejected demands, which were protested and sent to Washington. New York custom house receipts on 16th inst. totaled forty-five dollars, with no bonds paid due to specie requirement.
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Currency. -- The
French indemnity was brought home in
gold, and great credit was claimed for
the administration for such provident
care. Yesterday demands for installments
then due on claims allowed, were presented
to the Bank of America and payment
in gold required. It was refused: the
demand was formally made and protested,
and sent on for recovery to Washington.
Where is the constitutional currency,
the hard money?
New York American.
A similar demand was made on the
Girard Bank in the city of Philadelphia,
and refused.
The sum total of the receipts at the
custom house, in the city of New York,
on the 16th inst, from all sources, was
forty-five dollars. Not a bond was paid,
in consequence of the requisition that they
should be paid in specie.
What sub-type of article is it?
What keywords are associated?
Where did it happen?
Domestic News Details
Primary Location
New York
Event Date
16th Inst.
Outcome
demands for gold payments refused by bank of america and girard bank; receipts totaled forty-five dollars; no bonds paid.
Event Details
French indemnity brought in gold with credit to administration, but yesterday demands for installments on claims presented to Bank of America refused; similar demand refused by Girard Bank in Philadelphia; demands protested and sent to Washington; custom house receipts low due to specie requirement.