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Sign up freeLincoln Telegraph
Bath, Sagadahoc County, Maine
What is this article about?
Washington report on the Administration's new fiscal plan for collecting, safekeeping, and disbursing public money, providing limited uniform government currency based on deposits, receivable for public dues. President confident, but faces opposition from ultra Bank Whigs in Congress.
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Where did it happen?
Domestic News Details
Primary Location
Washington
Outcome
president and friends confident in success; anticipated hostility from ultra bank whigs in congress.
Event Details
Report on the Administration's new fiscal project, devised and agreed upon in the Cabinet despite some differences. The plan provides means for collecting, safekeeping, and disbursing public money without corporate features, and offers limited uniform government currency issued on deposits, receivable for public dues. Details amid contradictory rumors; to be presented in definite shape.