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ANNALS OF CLEVELAND

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12<br />

Abstracts 71 - 77<br />

<strong>CLEVELAND</strong> NEWSPAPER DIGEST JAN. 1 TO DEC. 31, 1838<br />

BANKS & BANKING (Cont'd)<br />

71 - H&G June 6; ed:2/3 - A list of banks of Michigan, bankable at<br />

Detroit, is greatly desired by persons in the Lake country.<br />

"All sorts of reports are afloat touching the value of different<br />

kinds of Michigan paper at home. Will some of the Detroit papers<br />

publish a list?" (1)<br />

72 - H&G June 12:2/1 - At a convention of the banks of Ohio, held at<br />

Columbus on the 6th and 7th of June, A. Seymour and J. N. Woolsey represented<br />

the Bank of Cleveland, and T. P. Handy, the Commercial Bank<br />

of Lake Erie. (2)<br />

73 - H&G June 16; ed:2/4 - "Have our anti-Bank locos no indignation in<br />

reserve for T. Benton & Co. of the U. S. Senate? The anti-bank body has<br />

again extended the charters of the Banks of the District of Columbia?<br />

Thus Hydras are now fostered in the late home of the "Monster Killer."<br />

Uncork your thunder!" (1)<br />

H&G July 25; ed:2/4 - See Flour<br />

74 - H&G July 31; adv:2/4 - Bank of Cleveland, July 31, 1838, The Stockholders<br />

of the Bank of Cleveland are hereby notified that a final instalment<br />

of Ten Dollars on each share of the Capital Stock of this Bank<br />

is required to be paid at their Banking House or at the Office of John<br />

Ward & Co. New York, on the first day of September next. By order of<br />

the Board, H. Handy, Cashier. (1)<br />

75 - H&G Aug. 1; ed: 2/3 - The ADVERTISER says: When a thief wishes<br />

to escape, he joins in with the mob and shouts at the top of his lungs<br />

Stop thief! Stop thief!<br />

(H&G) "That's it. The Locofocos made the banks, got in debt to the<br />

banks, do not pay the banks, and hence their loud cry of anti-bank, antibank,<br />

anti-bank!" (1)<br />

76 - H&G Aug. 6; ed:2/3 - The banks of Ohio will resume on the 13th.<br />

"To show that a resumption is 'gall and wormwood' to the leading locofocos,<br />

we have only to note that the editor of the STATESMAN announces<br />

the fact with one of his choicest sneers. tt (1)<br />

77 - H&G Aug. 18; ed: 2/4 - The administration papers advocate a reform<br />

in the banking system. The administration has chartered a hundred or<br />

more banks. Why have they not chartered them according to the reform<br />

model? Why have they not made the stockholders responsible? They are<br />

pretty much "used up" and now they must have some watchword to rally<br />

their broken and scattered forces, and they cry "reform the Banks."<br />

"This to them is a familiar song. The people have become accustomed<br />

to it. It disturbs them not." (3)

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