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Page thumbnail for Staunton Vindicator And General Advertiser
Story May 8, 1858

Staunton Vindicator And General Advertiser

Staunton, Virginia

What is this article about?

In 1836 or 1837, a Tennessee gentleman in debt travels to Boston for a loan, endorsed by prominent locals. Bankers, though impressed, insist on Andrew Jackson's signature for its unassailable honesty, enabling the loan and highlighting Jackson's reputable character.

Clipping

OCR Quality

95% Excellent

Full Text

A Good Name.—Some time in 1836 or 37 (says an exchange,) a gentleman in Tennessee became involved; he had property and he owed debts. His property was not available just then, and off he posted to Boston backed by some of the best men in Tennessee.—Money was tight, and the Boston Bankers looked closely at the names. “Very good,” said they, but, but—do you know General Jackson? “Certainly; but he is not worth one-half as much as either of these men whose names I offer you.” “No matter, he has always protected himself and his paper, and we'll let you have the money upon the strength of his name.” In a few days the papers with his signature arrived. The moment the Boston gentlemen bankers saw the tall A and the long J of Andrew Jackson, our Tennesseean says he could have raised a hundred thousand dollars upon the signature. So much for an established character for honesty. However men may have differed with Andrew Jackson politically, no man could deny him the merit of an honest man.

What sub-type of article is it?

Biography Historical Event

What themes does it cover?

Moral Virtue Triumph

What keywords are associated?

Andrew Jackson Honesty Reputation Loan Endorsement Boston Bankers

What entities or persons were involved?

Andrew Jackson Tennessee Gentleman Boston Bankers

Where did it happen?

Tennessee, Boston

Story Details

Key Persons

Andrew Jackson Tennessee Gentleman Boston Bankers

Location

Tennessee, Boston

Event Date

1836 Or 37

Story Details

A debt-burdened Tennessee gentleman seeks a loan in Boston, endorsed by wealthy locals, but bankers prioritize Andrew Jackson's signature for its proven honesty, securing the funds and exemplifying the value of an established honest reputation.

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