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Domestic News
June 17, 1837
The Columbia Democrat
Bloomsburg, Columbia County, Pennsylvania
What is this article about?
Rumored discontinuation of Cattawissa Rail Road Company operations due to suspension of specie payments and rejection of Col. Paxton's shin-plasters, leading to unemployment for contractors and laborers while executives' salaries continue.
Clipping
OCR Quality
98%
Excellent
Full Text
It is rumored that the Cattawissa Rail Road Company are about to discontinue operations. We presume that this course will be adopted on account of the "suspension of specie payments," as neither the contractors nor labourers will have any thing to do with Col. Paxton's "shin-plasters."
This will afford another instance of the "horrible consequences of the experiment;" and although contractors and labourers will be thrown out of employment, we opine that the salaries of the President and Engineer will not be suspended. Poor people alone are the ones upon whom such schemes operate.
This will afford another instance of the "horrible consequences of the experiment;" and although contractors and labourers will be thrown out of employment, we opine that the salaries of the President and Engineer will not be suspended. Poor people alone are the ones upon whom such schemes operate.
What sub-type of article is it?
Economic
Infrastructure
What keywords are associated?
Cattawissa Railroad
Discontinue Operations
Specie Payments Suspension
Shin Plasters
Labor Unemployment
What entities or persons were involved?
Col. Paxton
Domestic News Details
Key Persons
Col. Paxton
Outcome
contractors and labourers thrown out of employment; salaries of the president and engineer not suspended.
Event Details
Rumored discontinuation of operations by the Cattawissa Rail Road Company due to suspension of specie payments, as contractors and labourers refuse Col. Paxton's shin-plasters; described as a consequence of an experiment affecting poor people.