June 25—Gen. Macomb died.
July 6—The proceeds of the public lands ordered to be distributed to the States.
” 21—Congress orders a loan of $12,000,000.
Aug. 9—The Sub Treasury act repealed.
” 16—President Tyler vetoes the National Bank bill.
” 18—A general bankrupt law passed.
Sept. 9—A Second Banking Bill vetoed. This was the fourteenth time the veto power had been used; by Washington twice, Madison four times, Monroe once, Jackson five times.
Oct. 11—Failure of U. S. Bank under the Pennsylvania charter.
1842.
June 25—The new Ratio of Representation, based on the census of 1840, gives one Member of Congress for every 70,600 inhabitants.