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Editorial October 24, 1838

Alexandria Gazette

Alexandria, Alexandria County, District Of Columbia

What is this article about?

The editorial references an article from the New York Express suggesting a plan to equalize exchanges and establish a sound, uniform currency, potentially superseding the need for a government-chartered National Bank. It expresses support for this resolution of a long-debated political issue, while humorously noting the Richmond Enquirer's loss of a favorite topic.

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Full Text

We presume our readers, generally, perused the interesting article in yesterday's Gazette from the New York Express, in relation to the probability of there being no further occasion to vex the public mind, with the agitation of the National Bank question. If the views there taken are correct, and the plan there spoken of be carried out, we do not see why a National Bank chartered by Government, should not be entirely superseded. If the exchanges can be equalized and a sound and uniform currency produced, by the proposed arrangement, we shall be heartily rejoiced and prepared to congratulate the country upon the settlement of a question which has been used by politicians for years past to suit their own purposes. Our felicitations will be somewhat dashed, however, by the reflection that our excellent friend of the Richmond Enquirer will be deprived of a fruitful subject, productive, with him, of indignation paragraphs, and 'blood and 'ouns' articles without number—and we are afraid frequently without much sense—but this last expression, is between ourselves, and not for the public ear.

What sub-type of article is it?

Economic Policy Partisan Politics

What keywords are associated?

National Bank Currency Reform Banking Policy Political Agitation Uniform Currency

What entities or persons were involved?

New York Express Richmond Enquirer

Editorial Details

Primary Topic

Resolution Of The National Bank Question Via Alternative Currency Plan

Stance / Tone

Supportive Of Proposed Banking Reform With Humorous Critique Of Political Rival

Key Figures

New York Express Richmond Enquirer

Key Arguments

Proposed Plan Could Equalize Exchanges And Produce Sound Uniform Currency National Bank Chartered By Government Could Be Entirely Superseded Settlement Would End Years Of Political Agitation On The Issue Politicians Have Used The Question For Their Own Purposes

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