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William Alexander Linn, Horace Greeley Founder and Editor of The New York Tribune, Chapter 2: first experiences in New York city-the New Yorker (search)
he work itself, taking precedence of all other claims. At the time of the suspension of payments by the New York city banks, in 1837, the New Yorker defended them warmly, charging the troubles to the Northwest, and on the day of the suspension it offered three-per-cent premium on every New York city bill mailed to our address before the first of June. Considering the editor's financial status at that time, this was a good deal like Daniel Webster's offer to pay the national debt. In February, 1838, as a means of obviating the necessity of both a National Bank and State banks, the New Yorker proposed the issue of $100,000,000 in Treasury notes, by the Federal Government, bearing one-per-cent interest, receivable for all dues, and redeemable in public lands at cash prices. The Subtreasury scheme it constantly opposed. From these excerpts it is evident that the possession of views on public questions and boldness in advocating them were an early, as well as a late, characteristic