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Editorial November 23, 1841

The Madisonian

Washington, District Of Columbia

What is this article about?

Editorial in the Albany Evening Journal argues against supporting a United States Bank as a partisan Whig measure, emphasizing the need for a nationalized currency untainted by political agitation. It recounts urging Whigs to abandon the bank issue for ten years while acknowledging their honesty.

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Full Text

A United States Bank.—We cannot afford to go for a "United States Bank" while it remains a political question. That we should have a nationalized currency, no sane man doubts. And this object will be attained when it ceases to be urged and opposed on party grounds. We are against a Bank, as a Whig measure, first, because no party can stand such an issue, and next, because the currency will remain deranged, as long as it is subject to political agitation. We have urged our political friends, privately and publicly, for ten years, to "cut" the Bank. We earnestly remonstrated with our friends in Congress against its extra session. We deprecated an issue with the President upon a Bank Veto. But when overruled, we kept along with our friends, who, though not always wise and practical, are ever honest and patriotic.—Albany Evening Journal.

What sub-type of article is it?

Economic Policy Partisan Politics

What keywords are associated?

United States Bank National Currency Whig Measure Political Agitation Bank Veto Party Grounds

What entities or persons were involved?

Whig Party Congress President Albany Evening Journal

Editorial Details

Primary Topic

Opposition To United States Bank As Partisan Issue

Stance / Tone

Against Bank As Whig Measure, For Apolitical National Currency

Key Figures

Whig Party Congress President Albany Evening Journal

Key Arguments

Cannot Support Bank While Political Question Need Nationalized Currency Without Party Opposition No Party Can Withstand Bank Issue Currency Deranged By Political Agitation Urged Whigs For Ten Years To Abandon Bank Opposed Extra Session And Bank Veto Confrontation Whigs Honest And Patriotic Despite Errors

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