Bank of Steubenville - Steubenville, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1837*
Location: Steubenville, Ohio (40.370, -80.634)

Metadata

Model: gpt-5-mini
Short Digest: 09c0ff210548a08a

Response Measures

None

Description

The article (1842) references the Bank of Steubenville as one of the batch of broken of '37, implying it failed/suspended during the Panic of 1837. The piece does not describe a contemporaneous run, reopening, or receivership date—only that it was among banks broken in 1837. OCR errors in the article were corrected (e.g., 'broken of '37' interpreted as banks broken in 1837).

Events (1)

1. January 1, 1837* Suspension

Cause: Macro News
Cause Details: Mentioned as part of the group of banks that broke in 1837 (Panic of 1837 / widespread banking failures).
Newspaper Excerpt: not a word about the bank of say polis, the Bank of Steubenville, or any other of that batch of broken of '37.
Source: newspapers

Newspaper Articles (1)

1. September 29, 1842 Carroll Free Press Carrollton, OH

Article from Carroll Free Press, September 29, 1842

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Article Text

A faise issue, We as to this matter of resignation. think, however, that the people are 10 be gulled in that sort of way. They by will probably judge of the candidates their merits or demerits; and cast their votes accordingly Loco 'Central Committe's' Address. The Locnfoco leaders in this place, 'have published an "address to the vo. ters of Carroll county," to which they have attached this signature--"-Central Committee," as if they were ashamed father their own production, by giving their real names! The paper referred with affected moderation. with some tact. In ges, however, the "cloven foot" and s written various of passa Lo- To cofocoism sticks out prominently. a portion of these passages we shall direct the readers attention. The writer or writers of the "address" of out with the usual declaration will set "diffidence," and, indeed, no one doubt the "diffidence" of the said "Central Committee," if it be true, as they assert, "that a system of civil government more priceless than the treasures our of India is to be sustained by (their) efforts!" Heaven, protect us, the if the government rests soiely upon Com+efforts' of the nameless 'Central mittee!" But not to dwell upon the pre liminaries of the 'address,' let us exam ine briefly its most extravagant posiAnd first, the 'Central commit- Carroll tions. gravely tell the people of that "The enemies of Liberty ever vigilant- active.' the leave 10 enquire, are county, are beg Carroll who coun- Now, enemies of Liberty" in mean Does the Loco'oco committee (y? assert, that the Whigs of this Beyond county to the enemies of Liberty?' are doubt, they mean to insinuate that throats very thing; and, in so doing, their ce to But leave it to the Whigs as they defend lie! themselves, assuredly charge, will, against so foul and false a the at the battle of the ballot box, on Tuesday of October. The "address" proceeds to set forth in the questions which upon to decide; detail are called and the the first, people Whig in is the resignation of the late order, members Legislature. alleged, The has will of the majority,' it is been set at naught, and the Government the or of our own State thrown back to iginal elements of Society.' Both these who propositions are untrue. No one that regards the truth will maintain are majority of the people of Ohio State a in favor of Gerrymandering the for the benefit of aspirants 10 seats State Congress;nor is it true that the oriGovernment is thrown back into 1.8 Ohio ginal elements On this subject, and Pennsylvania are placed (no matter condi. what means) in the very same first by we have yet to hear the that the is 'thrown of tion; Locofoco contend, Pennsylvania and the back government to If the elements of society.' of Ohio is at as original government Judicrously end, assert, the 'Central committee' Con. why have we not heard calls for a vention of the people to form a these new government? The truth is, all about here and of civil jeremiads, end government'-this elsewhere, merely intenternal of mad dog ded to divert the attention the gross enormities ple from cry of of the State- the Lo peocoloco bill to Gerrymander the justice, which the Constitution. law, is honor, by equal rights, and all that under dear freemen, were to be trodden foot, to for the sole purpose of elevating few master spirits of Locofocoism The Central committee' next pass to subject of the currency. They say, wish the We have a sound currency and common keep it so.' What an insult to man in sense! At a time when one has 'currency' enough people to pay are twenty histaxes 10 the State, the If the a sound currency its of money is truly we have a scarcity soundness, told'we have evidence 'sound kept of cur. But, if things are to be in rency' their present situation- if the banks others not to be re-chartered and none 'address' as the argument of the of seem to imply, we created. would 'sound' cannot of expect cur to hear even the this topic the They studied uncommon rency. long have Upon brevity. 'committee' of Galli g not a word about the bank of say polis, the Bank of Steubenville, banks. or any is other of that batch of broken of '37. o foot soon after the suspension Shan 8 on by the Proclamations of Wilson t non. Next in order, the Central committee' United y broach the subject of electing a they, g States Senator. The future. say e 'is pregnant with mighty events;" there fore, we suppose, Bill Allen should re-elected United States Senator, so r he vote for a Repeal s as he did against its that Twiff, may enactment of Petti the g Surely the people will not forget make coat Ailen' when they come to y up their minds how to vote! j. The authors of the 'address' becom