Encyclopedia Dubuque
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DUBUQUE HARBOR COMPANY: Difference between revisions
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DUBUQUE HARBOR COMPANY. The Dubuque City Directory of 1857-1858 listed the officers of the Dubuque Harbor Company as [[GREGOIRE, Charles|Charles GREGOIRE]], PRESIDENT; [[BONSON, Richard|Richard BONSON]], Vice President; and directors--Gregoire and [[STOUT, Henry L.|Henry L. STOUT]]. | DUBUQUE HARBOR COMPANY. The Dubuque City Directory of 1857-1858 listed the officers of the Dubuque Harbor Company as [[GREGOIRE, Charles H.|Charles H. GREGOIRE]], PRESIDENT; [[BONSON, Richard|Richard BONSON]], Vice President; and directors--Gregoire and [[STOUT, Henry L.|Henry L. STOUT]]. | ||
The wealthiest business in Dubuque in August 1857, the Dubuque Harbor Company first issued post notes in November 1857. The denominations, $5 and $10, were engraved in New York. The notes caused controversy because some people felt they were in violation of state law. The ''Tribune'', one of the local newspapers, was opposed to the bills while the ''Express & Herald'' while opposed to the bills saw them as a temporary necessity. | The wealthiest business in Dubuque in August 1857, the Dubuque Harbor Company first issued post notes in November 1857. The denominations, $5 and $10, were engraved in New York. The notes caused controversy because some people felt they were in violation of state law. The ''Tribune'', one of the local newspapers, was opposed to the bills while the ''Express & Herald'' while opposed to the bills saw them as a temporary necessity. | ||
Revision as of 19:15, 13 March 2011
DUBUQUE HARBOR COMPANY. The Dubuque City Directory of 1857-1858 listed the officers of the Dubuque Harbor Company as Charles H. GREGOIRE, PRESIDENT; Richard BONSON, Vice President; and directors--Gregoire and Henry L. STOUT.
The wealthiest business in Dubuque in August 1857, the Dubuque Harbor Company first issued post notes in November 1857. The denominations, $5 and $10, were engraved in New York. The notes caused controversy because some people felt they were in violation of state law. The Tribune, one of the local newspapers, was opposed to the bills while the Express & Herald while opposed to the bills saw them as a temporary necessity.
All the bankers in the city, with the exception of J.L. Langworthy & Brothers who had an interest in the DUBUQUE HARBOR IMPROVEMENT COMPANY honored the currency. A group formed to support the Harbor Company notes and the company asked local businessmen to aid the community and not to profit from the currency being issued. The bills circulated throughout northern Iowa.
Resource: Information provided by Iowa: Obsolete Notes and Scrip by Dean G. Oakes