davidaulloa/AmericanStories huggingface dataset:
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessment
for 0penlnJ Widening and
Extension of Oakland Street
ana Altering Pleasant Avenue.

OFFICE BOARD OF PUBLIC WORKS,
CITY OF ST. PAUL, Mimi, Mar. IL, 1888. !
The reaSseSsment of benefits, damages,
costs and expenses arising from open
ing, widening and extension of Oakland
street by an easy grade to Pleasant ave
nue. at or near Ramsey street, and alter
ing Pleasant avenue, between Lawton
and Ramsey streets, in the city of
st. Paul, Minnesota, OH the prop
erty OH which judgment has been
denied by the district court OF
Ramsey county, Minnesota, having
been completed by the Board of
Public Works in and for said city, said
Board will meet at their Office in said
city at 2 p. III. on the I'd day of April,
A. d.. 1888, to hear objections Gf any
to said reassessment, at which time and
place, unless sufficient cause is shown
to the contrary, said reasSesSment will
be confirmed by said Board.
The following is list of the supposed
owners names. a description of the
property benefited or damaged and the
amounts reassessed against the same, to-
wit:
Whitacre. Brisbine IL Mullen's Subdi-
vision of Lots | and 2, Leech's
Out Lots to ST. Paul.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
CONTRACT MORK.
Sewer on Maple Street

OFFICE BOARD OF PUBLIC Works.
CITY OF ST. PAUL, Mimi, Mar. Is, 1888.
Sealed bids will be received by the
Board of Public Works in and for the
corporation of the city of st. Paul, Min
nesOta, at their Office, in said city, until
IL m. on the Goth day of March, A. d.
1888, for constructing sewer ON Maple
street, from Third street to Ravine
street, in said city, together with the
necessary catchbasins and manholes,
according to plans and specifications ON
file in the office of said Board.
A bond with at least two (2) sureties
in a sum of at last twenty (20) per cent
of the gross amount bid must accompany
each bid.
The said Board reserved the right to
reject any or all bids.
r. L. GORMAN, President.
Officials w. F. ERWIN,
1855 Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
A New Joke by Our Own Evarts.

A New Joke by Our Own Evarts.
Philadelphia Record.
Speaking of George Washington al
ways reminds me of that good story
OF how Evarts told Lord Coleridge when
they were at Mount Vernon the legend
OF Washington throwing dollar across
the Rappahannock. But" objected
Coleridge, ''the Rappahannock's a
broad stream Yes" replied Evarts,
''but you must remember that a dollar
went further in those days" At a dim
ner party not long ago Eyarts was
chaffed little about the many stories
attributed to him in the newspapers.
and incidentally this one was praised as
his best. "Oh, said Evarts modestly.
Il don't say all the things that are
credited to me. Every now and then
some anonymous newspaper para
grapher says wittier thing than any of
lis. Now, what | might have said TO
Lord COleridge was that it was not so
strange that George Washington threw
a dollar across river since he threw a
sovereign across the sea-" That was
certainly as bright as the other. Yet
Evarts begins to show the effect of his
seventy years. He repeats himself. He
has got off that witty remark originally
presented to the Glover club, that, like
some other great enterprises, ne lacked
terminal facilities half a dozen times. L
am afraid he will never be president.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Re-Assessment for Sewer on
Ig/shart and Dale Streets.
OFFICE BOARD OF PUBLIC WORKS,
CITY OF ST. PAUL, Mimi, Mar 6, 1888. {

OFFlCE DOAk) Ot l. L BLlC w ORhS, [
CITY OF ST. PAUL, Mimi, Mar. Is, 1888.
The Board of Public Works in and for
the corporation of the city of st. Paul,
Minnesota, will meet at their Office in
said city at p. m. OH the Goth day of
March, A. ID. 1888, to make a reaSsess-
ment of benefits, costs and expenses
arising from constructing sewer OH
Iglehart street, from harrington avenue
to Western avenue, and from Mackubin
street to Dale street, and on Dale street,
from Iglehart street to Marshall avenue,
in said city, on the property on which
Judgment has been denied by the dis
trict court of Ramsey county, Minnesota.
and deemed benefited thereby amount
ing in the aggregate to S2,316.57.
All persons interested are hereby no
titled to be present at said time and
place of making said reassessment and
will be heard.
All reassessment notices heretofore
given have been annulled.
r. l.. GORMAN, President.
Official: w. f. ERWIN,
SO-S1. Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
CITY NOTICE.

OFFICE OF THE CITY TREASURER,
ST. PAUL, Mimi, March -, 1888. !
All persons interested in the assess.
nlents for
Grading South Robert street to Partial
Grace, from Concord street to George
street and 10 q Full Grace from George
street to State street; Indiana avenue,
from Dakota avenue to Ethel street;
George street. from State street to
Livingston venue; Greenwood avenue,
from Deics street to Concord street:
Channel street, from Chicago avenue to
Starkey street; Chicago avenue, from
Dakota avenue to Hyde street, and
Starkey street, from Chicago avenue to
lSuCeI SVSeE,
Construction of a Sewer on Woodward
street, fro m Bradley street to Burr
street and on Burr street, from Wood
ward street to Partridge street;
Grading Marion street, from Atwqter
street 10 Maryland street; WtodbTdge
street, from Atwater street to Mary
land street, and Milford street, from
Rice street to cauiher street;
Grading Park avenue, from Sycamore
street to Maryland street; Sycamore
street, from Rice street 10 Sylvan
street; Lyton Place, from, Rice street to
Sylvan street; Atwater street, from
Rice street to Syrian street; Wnnepeg
avenue, from Rice street to Sylvan
street; Manitoba avenue from Rice
street to Syrian street; Litchfeid
street, from Rice street to Syivan
street; Front street, from Rice street
to Sylvan street. and Cook street, from
Rice street to Syrian street;
Construction of a Sewer on State street,
from Concord street to South Robert
street; ON South Robert street, from
State street to Annapolis street, and
on Oakdaie avenue, from State street
to Bunker street,
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
CONTRACT work.
Paving ARUNDEL Street
OFFICE BOARD OF PUBLIC WORKS, |
CITY OF ST.PAUL, MIMI, Mar. Is, 1888. {

OFFICE BOARD OF PUBLIC WORKS,
CITY OF ST.PAUL, MIMI, Mar. Is, 1888. !
Sealed bids will be received by the
Board of Public Works in and for the
corporation of the city of st. Paul, Min
nesota, at their Office in said city, until II
m. on the 18th day of March, A. D., 1888,
for paving Arundel street, thirty-two
feet wide, from Summit avenue to Holly
avenue, in said city, with asphalt and
curbing with granite, including the
necessary sewer connections, according
to plans and specifications on file in the
office of said Board.
A bond with at least two (2) sureties
in sum of at least twenty (2O per cent
of the gross amount bid must accom-
pany each bid.
The said Board reserves the right to
reject any or all bids.
r. L. GORMAN, President.
Official: w. F. ERWIN,
1886 Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessmen1
for Grading Payne Avenue.
OFFICE BOARD OF PUBLIC WORKS, |
CITY OF ST. PAUL, MINI. Mar. 16, 1888. {

OFFICE BOARD OF PUBLIC WORKS,
CITY OF ST. PAUL, MIMI, Mar. 16, 1888.
The reassessment of benefits, costs
and expenses arising from grading
Payne avenue, from Maryland street
to Ivy street, in the city of st.
Paul, Minnesota, on the property
on which Judgment has been
denied by the district court of Ramsey
county, Minnesota, having been COM
pleted by the Board of Public Works in
and for said city. said Board will meet
at their Office in said city at 2 p. m. on
the I'd day of April, A. d. 1888, to
hear objections Gf any to said reassess-
ment. at which time and place. unless
sufficient cause is shown to the con-
trary, said reassessment will be con-
frmed by said Board.
The following is list of the supposed
owners names, description of the
property benefited and the amounts re-
assessed against the same, to-wit:
j. r. Weide'S Second Addition to St.
paut
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
TEN DAYS

after the first publication of this notice
| shall report you and your real estate
SO assessed as delinquent, and apply to
the district court Of ff the county Of RAM
thereof SO assessed, including interest,
costs and expenses, and for an order of
the court to sell the same for the pay
ment thereof.
Sl-S2 GEORGE REFS, City Treasurer.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessment
for Grading La FondSheet.

OFFICE BOARD OF PUBIC WORKS, |
The reassessment of benefits, costs
and expenses arising from grading La
Fond street, from Victoria street to
Lexington avenue, in the city of st.
Paul, Minnesota. on the property Oh
which Judgment has been denied by the
district court OF Ramsey county, Mime
sofa, having been completed by the
Board of Public Works in and for
said city, said Board will meet at their
office, in said city, at 2 p. IN. on the I'd
day of April, A. ID. 1888, to hear
objections (if any to said reaSsessment,
at which time and place, unless suffi-
cient cause is shown to the contrary, said
reassessment will be confirmed by said
Board.
The following is list of the sup
posed owners names. description of
the property benefited, and the amounts
reassessed against the same, tO-wit:
Supposed owner and
description. Benefits
House of Good Shepherd. West
u of E u of NE 4 of NV 4,
section 35, town 90, range %,
except Minnehaha, Blair and
La Fond streets and j II
Weide's Fifth addition, being
in St. Paul, Minnesota. ...... 1898 90
Same. East Il of VIZ of NE a
of NV a of section 30, town
30, range %, except Mime
haha, Blair and La Fond
streets and j r Weide's Fifth
addition, being in st. Paul,
Minnesota. s493 90
All objections to said reassessment
must be made in writing and filed with
the Clerk of said Board at least one day
prior to said meeting.
X. L. GORMAN. President.
Official: w. f. ERWIN,
SO-81 Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessment
for Grazing Feronia Avenue.

OFFICE BOARD OF PUBLIC WORKS,
CITY OF ST. PAUL, Mimi, Mar. III, 1888. (
The reassessment of benefits, costs and
expenses arising from grading Feronia
avenue, from Prior avenue to Fairview
avenue, in the city of st. Paul, Min
nesota, Oh the property on which judg
ment has been denied by the district
court of Ramsey, county, Minnesota,
having been completed by the Board of
Public Works in and for said city, said
Board will meet at their office in said
city, at p. m. on the I'd day of April,
A. ID. 1888, to hear objections Off any to
said reassessment, at which time and
place, unless sufficient cause is shown
to the contrary, said reassessment will
be confirmed by said Board.
The following is list of the supposed
owners names, a description of the
property benefited and the amounts re-
assessed against the same tO-wit:
Union Park, st. Paul.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
THIRTY DAYS

After the first publication of this notice,
l shall report you and your real estate
so assessed as delinquent, and apply to
the district court of the county of RAM
sey, Minnesota, for Judgment against
your lands, lots, blocks, or parcels
thereof so assessed, including interest,
costs and expenses, and for an order of
the court to sell the same for the pay
ment thereof.
s1-S2 GEORGE REFS, City Treasurer.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21

CITY OF ST. PAUL, MIMI, Mar. III, 1888.
The reassessment of benefits, costs and
expenses arising from grading Delos
street, from Dakota avenue to the edge
OF the bluff between Greenwood avenue
and State street, in the city Of st. Paul,
Minnesota, on the property on which
judgment has been denied by the district
court of Ramsey county, Mime
sofa, having been completed by the
Board of Public Works in and for said
city, said Board will meet at their Office
in sad city at p. m. on the I'd day of
April, A. d. 1888, to hear objections Gf
any to said reassessment, at which time
and place, unless sufficient cause is
shown to the contrary, said reassess-
ment will be confirmed by said Board.
The following is list of the supposed
owners names, a description of the
property benefited and the amounts re-
assessed against the same, towit:'
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessment
for Grading Brainerd Avenue.
OFFICE BOARD OF PUBLIC WORKS,
CITY OF ST. PAUL, Mimi, Mar. 16, 1888. !

OFFICE BOARD OF fUBLIC WORKS,
CITY OF ST. PAUL, MIMI, Mar. 16,1SSS. !
The reassessment of benefits, costs
and expenses arising from grading
Brainerd avenue. from Arkwright street
to Edgerton street, in the city of st. Paul,
Minnesota, on the property on which
judgment has been denied by the dis
trict court of Ramsey county, Mime
sofa, having been completed by the
Board of Public Works in and for said
city, said Board will meet at their office
in said city, at 2 p. m. on the I'd day
of April, A. D. 1888, to hear objections
Gf any to said reassessment, at which
time and place, unless sufficient cause
is shown to the contrary, said reassess-
ment will be confirmed by said Board.
The followingis list of the supposed
owners names, "a description of the prop
erty benefited, and the amounts reas-
sessed against the same, to-wit:
Thomas Subdivision of Lot 1, Bass
Acre Lots, st. Paul.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
J. Il. Weide's Second Addition to St.
Paul.
Supposed owner and

All objections to said reassesment
must be made in writing and filed with
the Clerk of said Board at least one
day prior to said meeting.
r. L.. GORMAN. President.
Official: w. T. ERWIN,
SO-S1 Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Nininger's Addition to St. Paul.

All objections to said reassessment
must be made in writing and filed with
the Clerk of said Board at least one day
prior to said meeting.
K. l.. GORMAN, President.
Official: w. +. ERWIN,
e0-S1 Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Union Park, st. Paul.

All objections to said reassessment
must be made in writing and filed with
the Clerk of said Board at least one day
prior to said meeting.
r. l.. GORMAN, President.
Official: w. +. ERWIN,
S0-Sl Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21

had cast three splendid jewels, worth
more than the average income of her
middle class subjects, into the blaze.
Pearls have not since been kept on the
royal writing table.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
WILL TAKE NOTICE,

That on the goth day of March, 1888, 1
did receive different warrants from the
City Comptroller of the City of st. Paul
for the collection of the above-named as
sessmentS.
The nature Of these warrants is, that
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessment
for Grading Irvine Avenue and
Other Streets.
OFFICE BOARD oFPUBLIC Works,
CITY OF ST. PAUL, Mimi, Mar. liz, 1888.

CITY OF ST. PAUL, Mimi, Mar. l6, 1888.
The reassessment of benefits, costs
and expenses arising from grading
Irvine avenue, from Walnut street to
Western avenue: Walnut street Ito a
partial grade), from Irvine avenue to
Pleasant avenue, and Western avenue
Ito partial grade, from Summit avenue
to Ramsey street, in the city of st. Paul.
Minnesota, on the property on which
judgment has been denied by the dis
trict court of Ramsey county, Mime
sofa, having been completed by the
Board of Public Works in and for said
city, said Board will meet at their office
in said city at 2 p. III. on the I'd day of
April, A. ID. 1888, to hear objections
Gf any to said reassessment. at which
time and place, unless sufficient cause
is shown to the contrary, said reassess-
ment will be confirmed by said Board.
The following is list of the supposed
owners names, description of the
property benefited and the amounts re-
assessed against the same, to wit:
IRVINE AVENUE, FROM WALNUT
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21

All objections to said reassessment
must be made in writing and filed with
the Clerk of said board at least one day
prior to said meeting.
r. l.. GORMAN, President.
Official: w. f. ERWIN,
S0-Si Clerk Board OF Public works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
TEN DAYS

after the first publication of this notice,
I shall report you and your real estate
SO assessed as delinquent, and apply to
the District Court OF the County of
Ramsey, Minnesota, for judgment
against your lands, lots, blocks, or par
GELS thereof SO assessed, including in
tereSt, costs and expenses, and for an
order of the Court to sell the same for
the payment thereof.
Sl-S2 GEORGE REFS, City Treasurer.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21

H., -, Columns Of want ads in the GLoB
MUTE than in any other paper.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Stone 81 Morton's Second Addition to
ST. Paul.
Supposed owner and
Clark & WiIgus' Addition to st. Paul.

Nicholaus Peters. Commencing
at point on northerly line of
lot %, block l, Clark IL Will
gus addition to st. Paul. at
point Is feet WHY from NE'ly
corner thereof: thence WHY
along My line of lots % and
!, said block, to Brainerd ave-
nue.; thence My 81 deg. 1924
min. f 1l1.35 TT: thence SLY
Gl.52 it to beginning, being
part of lot /. Fischer's addi-
ton to st. Paul. $I2 so
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
WILL TAKE NOTICE,

That on the goth day of March, 1883,
/ did receive different warrants from
the City Comptroller of the City of st.
Paul for the collection of the above
named reaSSeSSmentS.
The nature of these warrants is, that
if you fail to pay the assessment within
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21

All objections to said reassessment
must be made in writing and filed with
the Clerk of said Board at least one day
prior to said meeting.
X. l.. GORMAN, President.
Official: w. f. ERWIN,
S0-Sl Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Brandt's Encouragement of Block SO,
West st. Paul Proper.

West st. Paul Proper.
Supposed owner and
description. Lot. Block. Benefits
J 81 Reimers 80 $162 80
All objections to said reassessment
must be made in writing and filed with
the Clerk of said Board at least one day
prior to said meeting.
r. l.. GORMAN, President.
Official: w. F. ERWIN,
S0-S1 Clerk Board of Public Works.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21

Queiness Chance ds inthe GLOBE are seen
D"oby the most people.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Supposed owner and

Supposed owner and
description. Lot. Benefits
S ID Lord, My of Oakland
street .................1 Is 81 so
Same, except Oakland
street .. ...14 ii 80
NJ l. Johns, except Oak
land street. ..... Is II 40
Same, except Oakland
street .....1 10 II 45
w Rogers, except Oak
land street .........lS 80
Michael Morn, except Oak
land street. ... 81 8 80
w Rogers, except Oak
land street. 80 IA 30
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
CITY NOTICE.
OFFICE OF THE CRY TREASURER,
ST. PAUL, MIMI, March 20, 1888. }

OFFICE OF THE CITY TREASURER,
ST.PAUL, MIMI, March 20, 1883.
All persons interested in the reassess-
mentS for
Paving with pine blocks and curling with
granite curb, Oakland street, from
Ramsey street to Summit avenue;
Paving the alley in block 81. Woodirnd
Park addition 70 st. Paul, from Macs-
Ubm street to Arundel street;
Grading Nugent street from St. Clair
street 10 the Right of Way of the Chi
c5g3, Milwaukee & ST. Paul Radroad
Company;
Grading tie alley in block f2, Terry's
Addition to st. Paul. from Earl street
TO Cypress street, and the alley in
block 20, Terrys Addition to st. Paul,
from Cypress street 10 Seventh street.;
Grading MTw1kee avenue, from Rlil-i
fo1d avenue to Astoria avenue form
eriy. Ghort Line are u,);
Grading Haw~tia street, from Burns
avenue to Mound street.
Paving with cedar blocks tie East and
West alley in lick S, Terrace Park
addition to s.. Prui;
Grading Earl ST EFT, frem Beech street
10 Mound sir et.
Grading end Paving with cedar blocks
the alley in Park Place Addition to ST.
ETauL, from Summit avenue to the south
eastefy line of The drive around the
park in said ad-Ho7;
Grading (oodrich avenue, from Western
avenue TO Pleasant avenue;
Grading Cook street, from, lM.s sissippi
Street to Earl STREET,
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Fischer's Addition to St. Paul.
SuDposed owner and

Subdivision of E = of NV a of Section
20, Town 20. Range %. to st. Paul.
Supposed owner and
description. Lot. Benefits
j Schmidt Except Mary
land street, ............. 6 $40 90
VIM Dunlap(N'ly of Brain
erd avenue). ............ 220 vi
Same Only of Brainerd
ayenue) ..........,...... 22O vi
Dittman's Subdivision of Lot 5, Subdi-
vision of E = of NV 4 of Section
20, Town 90 Range %, st.
Paul, Minnesota.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Jaggard's Addition to st. Paul.
Supposed owner and
4 r
Supposed owner and
description.

5 Pierce. Commencing at
sOuthwesterly corner of lot 10.
subdivision of E = of SW Il
of section 90. town 30. range 90;
thence My 100 feet; thence
WHY 100 feet: thence SLY to
My line of Brainerd avenue;
thence Ely to beginning, lex
cept De Soto street,, being i'll
st. Paul. Minnesota ...... SIP 20 |
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
Confirmation of Re-Assessment
tor Grading Dehos Street.

OFFICE BOARD OF PUBLIC WORKS, |
CITY OF ST. PAUL, Mimi, Mar. Is, 1888.
St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-03-21
WILL TAKE NOTICE,

That on the Goth day of March. 1888, L did
receive different warrants from the City
Comptroller of the City of st. Paul
for the collection Of the above-named as
SeSSmentS.
The nature of these warrants is. that
if you fail to pay the assessment within
Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1888-10-18
PAuics AND TARIFFS.

Farmer Whiting Quotes History for the
Benefit of Tariff Falsifiers.
Public prints and speakers on the
side of high tariff unblushingly teach
that panics are caused by low tariffs.
The noted panic of 1837-sO is made a
specimen case. A reverend political
orator in a recent speech at this place
CTiskilwa, Ill.), after an appeal to
God to witness that he would tell the
truth, Immediately fell into the cur
rent error that the panic of 1887 was
caused by the tariff. and other panics
had a like cause. He also stated that
President Harrison ran upon the same
issue which the grandson now repre-
sents.
here affirm that the panic of 1887
was not tariff panic. / further state
that President Harrison did not run on
a high tariff issue. That panic was
financial panic. The United States
bank had recently gone out and the
vacuum was filled by a brood of wild
cat banks without proper foundation
or limits as to their issues. Wild
speculation was engendered. Useful
industry was neglected for the more
speedy road to wealth by speculation.
To protect the Treasury from flood