Article Text
A letter from Cincinnati states that the Commercial Bank of that city has suspended specie payments, chiefly in consequence of the enacments of the legislature.-Masquari Republican.
17216. Commercial Bank (Cincinnati, OH)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- state
- Start Date
- April 18, 1840
- Location
- Cincinnati, Ohio (39.103, -84.515)
Metadata
- Model
- gpt-5-mini
- Short Digest
c4b1184a
Response Measures
None
Description
Newspaper reports the Commercial Bank of Cincinnati has suspended specie payments citing enactments of the legislature as the chief cause (government action). No mention of a run, receivership, or permanent closure; reopening is not reported but suspension appears regulatory/legislative in origin. Bank type not specified in the article.
Events (1)
1.
April 18, 1840
Suspension
- Cause
- Government Action
- Cause Details
- Suspension of specie payments attributed to recent enactments of the state legislature.
- Newspaper Excerpt
- the Commercial Bank of that city has suspended specie payments, chiefly in consequence of the enactments of the legislature.
- Source
- newspapers
Newspaper Articles (1)
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