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The National Republican And Cincinnati Daily Mercantile Advertiser
Cincinnati, Hamilton County, Ohio
What is this article about?
Cincinnati report on Ohio legislative news, primarily local matters including a favorably received bill to incorporate the Bank of Wooster. Discusses necessity of local banks due to withdrawal of U.S. Branch Bank and greater economic pressure from insufficient circulating medium since 1820.
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Friday, January 18.
Our Legislative intelligence relates: altogether, to local matters, in which our readers have no immediate interest. One of these bills is to incorporate the Bank of Wooster, and seems to have been very favorably received in the House.
Unless the proposed State Bank be established, it will become a matter of imperious necessity to fill up the chasm, occasioned by the withdrawal of the United States Branch Bank from this State, by the creation of sound local banks.
The pressure arising from the want of a sufficient circulating medium, is now greater, in this part of the State, particularly, than it has been since 1820.
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Where did it happen?
Domestic News Details
Primary Location
Ohio
Event Date
Friday, January 18.
Event Details
Legislative intelligence on local matters, including a bill to incorporate the Bank of Wooster favorably received in the House. Necessity for local banks due to withdrawal of United States Branch Bank unless State Bank established. Greater pressure from lack of circulating medium in this part of the State than since 1820.