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Sign up freeThe Mississippi Creole
Canton, Madison County, Mississippi
What is this article about?
Pennsylvania Legislature overrode Governor's veto of Revenue and Relief Bill on eve of adjournment, enabling payment of public dues and state debt, and providing legal relief to suspended Philadelphia banks, including Bank of the United States under conditions; strong sentiment for its liquidation.
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Where did it happen?
Domestic News Details
Primary Location
Pennsylvania
Event Date
On The Eve Of The Adjournment Of The Legislature
Key Persons
Outcome
bill passed into law despite veto; provides payment of public dues and state debt; legal relief to suspended banks in philadelphia; bank of the united states included on conditions; sentiment for liquidation.
Event Details
The Revenue and Relief Bill was vetoed by the Governor but passed by constitutional majority of both Houses. It addresses payment of public dues and maturing state debt, and offers relief to suspended banks in Philadelphia to avoid penalties. The Bank of the United States of Pennsylvania is included conditionally, with possible non-compliance by stockholders; strong business favor for its liquidation.