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CALIFORNIA AND OREGON-Panic in the Air; Heavy Failures; Editorials-Cassius M. Clay’s Speech, Education and Protestantism (7/13/1860)
New York Times - Times Machine ^ | 7/13/1860

Posted on 07/13/2020 6:35:22 AM PDT by Homer_J_Simpson

SAN FRANCISCO, Monday, June 20, 1860. We heard on Monday of the failure of two houses in Marysville -- WM. HAWLEY & CO., and SCOTT, VANTINE & CO. They, jointly, were indebted to R.E. BREWSTER & CO., of this city, some $40,000. Yesterday, rumors were around all the morning, that this extensive house had failed. At 2 o'clock it came out that they had confessed judgment for $104,921, and that they acknowledged their liabilities to be $300,000. Some said it was Washoe that did it; others said it was the blight of the shadow of the old "Attachment Law," which was revived by the late stupid and how happily dead Legislature, and which, goes into effect on the 28th. And those who began to curse the "Attachment Revival," said this was only the beginning of trouble; that every shaky house in town would be running up to Court to confess judgment, and after that a long procession of insolvents. I asked one what was the nature of this outrageous act, which nobody had found out until since Sunday. "Suppose you owe me $20," said he; "I see you go your pile on a splendid chance for doubling your money in a week, and while you're short, I pop in with a demand for payment; you tell me you can't do it till next day, and that afternoon I can make the Sheriff peel the coat off your back, and sell every tool in your shop. That's the Attachment Law -- a little overdrawn, perhaps -- but it's catamout to that."

(Excerpt) Read more at nytimes.com ...


TOPICS: History
KEYWORDS: civilwar
Free Republic University, Department of History presents U.S. History, 1855-1860: Seminar and Discussion Forum
Bleeding Kansas, Dred Scott, Lincoln-Douglas, Harper’s Ferry, the election of 1860, secession – all the events leading up to the Civil War, as seen through news reports of the time and later historical accounts

First session: November 21, 2015. Last date to add: Sometime in the future.
Reading: Self-assigned. Recommendations made and welcomed.

Posting history, in reverse order

To add this class to or drop it from your schedule notify Admissions and Records (Attn: Homer_J_Simpson) by reply or freepmail.

Link to previous New York Times thread

1 posted on 07/13/2020 6:35:22 AM PDT by Homer_J_Simpson
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To: Homer_J_Simpson
1

0713_nyta

2

0713_nytb

3

0713_nytc

4

0713_nytd

5

0713_nyte

6

0713_nytf

2 posted on 07/13/2020 6:36:23 AM PDT by Homer_J_Simpson ("Every nation gets the government that it deserves." - Joseph de Maistre (1753-1821))
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To: chajin; henkster; CougarGA7; BroJoeK; central_va; Larry Lucido; wagglebee; Colonel_Flagg; Amagi; ...
California and Oregon: Panic in the Air; Heavy Failures; Judge Terry to be Tried by his friend Hardy – 2
Editorial: Cassius M. Clay’s Speech – 2-3
Editorial: Education and Protestantism – 3
Minor Topics – 3
The California Overland Mail – 3-4
From Arizona – 4
Freedom of the Press – 4
General City News: The Seventh Regiment Encampment – 4-5
The Execution of Hicks, To-day – 5
Two More Attempts at Murder – 5
Coroners’ Inquests – 5
Police Reports – 5
Brooklyn News – 5
New-Jersey – 5-6
Base Ball: Excursion of a Brooklyn Club – 6
Naval Intelligence – 6
Terrible Calamity – 6
3 posted on 07/13/2020 6:37:41 AM PDT by Homer_J_Simpson ("Every nation gets the government that it deserves." - Joseph de Maistre (1753-1821))
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To: Homer_J_Simpson

As I was reading that I looked at the dollar amounts and the wording and checked the date of the article because it looked like something someone might have written a century ago.

And then I scrolled down. :)


4 posted on 07/13/2020 6:44:15 AM PDT by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: cuban leaf

Kinda wish poster would start off with the date.


5 posted on 07/13/2020 6:51:57 AM PDT by stanne
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To: stanne
Kinda wish poster would start off with the date.

The date is in the title. Hard to start off any earlier than that.

6 posted on 07/13/2020 7:02:06 AM PDT by Homer_J_Simpson ("Every nation gets the government that it deserves." - Joseph de Maistre (1753-1821))
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To: Homer_J_Simpson

It is always interesting to read local history and to understand how critically important my backyard was at the time. Plum Valley is a place I’ve been meaning to visit, especially after enjoying the over the top bloody Mary’s in Camptonville. And some of the events described in Marysville still color events to this day, most especially with the latest mandated closures due to COVID.

Exploring Timbuctoo with a local historian was a great experience, and I regret not taking more pictures that day, since much of it collapsed during heavy rains the following winter.


7 posted on 07/13/2020 7:07:21 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: stanne

Happy almost-10-year Freeperversary, btw.


8 posted on 07/13/2020 7:08:00 AM PDT by Homer_J_Simpson ("Every nation gets the government that it deserves." - Joseph de Maistre (1753-1821))
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To: Homer_J_Simpson

Airborne panic? No worries....we’re all supposed to be wearing masks.


9 posted on 07/13/2020 8:08:00 AM PDT by gundog ( Hail to the Chief, bitches!)
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To: kingu

I feel the same about the area I lived for many years - south Fresno County. There is a nice little town called Visalia, just across the Tulare County line. (Now it is in Devin Nunes’s district.) Today it is an unremarkable farming community, but in mid-1860 it was an important stop on the Butterfield stagecoach line to the east.


10 posted on 07/13/2020 9:14:45 AM PDT by Homer_J_Simpson ("Every nation gets the government that it deserves." - Joseph de Maistre (1753-1821))
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To: Homer_J_Simpson

Hi.

I met Cassius Clay in downtown Miami circa 1964 at the gym off 5th? I believe Angelo Dundee owned the facility.

He used to give speeches too, during sparing sessions. Said he was gonna whip Sonny Liston. I thought he was full of sh!t.

I won $20.

5.56mm


11 posted on 07/13/2020 10:34:42 AM PDT by M Kehoe (DRAIN THE SWAMP! Finish THE WALL!)
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To: M Kehoe

I wonder if Cassius Clay/Muhammad Ali had anything in common with his namesake besides the name.


12 posted on 07/13/2020 10:41:47 AM PDT by Homer_J_Simpson ("Every nation gets the government that it deserves." - Joseph de Maistre (1753-1821))
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