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Domestic News
March 19, 1846
The New Era
Portsmouth, Virginia
What is this article about?
The Guernsey Jeffersonian newspaper in Ohio recommends that Democrats demand specie for bank notes when received and pay with hard currency to promote circulation and refute claims of insufficient specie for business.
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OCR Quality
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Full Text
THE WAY THEY ARE DOING THINGS IN OHIO.
The Guernsey Jeffersonian, in order to still the cry of not specie enough to carry on the business of the country, recommends the following salutary method of getting the specie in circulation. If that is done, there will be plenty of that article afloat.
"Let every democrat, when he gets hold of a note on a bank reasonably convenient, immediately demand the specie for it, and when he pays for a day's labor or for any article he may purchase, pay it in the lawful money of the land. He would be practising as well as preaching, he would help to do away with the delusion that there is not specie enough to transact the business of the country with."
The Guernsey Jeffersonian, in order to still the cry of not specie enough to carry on the business of the country, recommends the following salutary method of getting the specie in circulation. If that is done, there will be plenty of that article afloat.
"Let every democrat, when he gets hold of a note on a bank reasonably convenient, immediately demand the specie for it, and when he pays for a day's labor or for any article he may purchase, pay it in the lawful money of the land. He would be practising as well as preaching, he would help to do away with the delusion that there is not specie enough to transact the business of the country with."
What sub-type of article is it?
Economic
What keywords are associated?
Specie Circulation
Bank Notes
Ohio Democrats
Guernsey Jeffersonian
Where did it happen?
Ohio
Domestic News Details
Primary Location
Ohio
Event Details
The Guernsey Jeffersonian recommends that Democrats demand specie for bank notes and use it in payments to increase circulation and counter the notion of insufficient specie for business.