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Editorial
January 30, 1838
The New Hampshire Gazette
Portsmouth, Rockingham County, New Hampshire
What is this article about?
Editorial from Portsmouth, Jan. 30, 1838, featuring excerpts: one from London Bankers' Circular criticizing the aristocratic influence of powerful chartered banks like the late Bank of the United States; another from Federal Papers warning that a national bank will be established through monetary corruption if persuasion fails.
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PORTSMOUTH:
TUESDAY MORNING, JAN. 30, 1838.
Ex. from the Lon. Bankers' Circular of Jan. 27
"FROM ITS NATURE, THE INFLUENCE OF A BANK MUST BE ALLIED TO THE ARISTOCRACY OF WEALTH, and not to the DEMOCRACY OF NUMBERS; AND THIS IS MORE ESPECIALLY THE CASE WITH GREAT CHARTERED BANKS HAVING IMMENSE POWER.
The Late Bank of the United States WAS ONE OF THIS DESCRIPTION, AND ITS POLITICAL INFLUENCE WAS PRODIGIOUS."
Extracts from Federal Papers.
" The time for reasoning has gone by," " and it is not by arguments but by sufferings, that conviction will be forced on the minds of the people !"'— National Gazette.
" A NATIONAL BANK WILL BE ESTABLISHED IN DESPITE OF ALL THE OPPOSITION THAT CAN BE ARRAYED and he who may hope for a different result will be disappointed! If the appeals that may be made to the virtue, the morality and the intelligence of the people cannot prevail, MONEY CAN BE USED AND THAT WILL OBTAIN VOTES IN FAVOR where all other arts and appliances are found abortive. " If you cannot get the votes of the people by persuasion,' said a distinguished politician on a memorable occasion. " GET THE MONEY BAGS AND PURCHASE THEM." THE MODE WILL BE APPLIED TO THE PLAN OF CHARTERING A UNITED STATES BANK."-Correspondent of Bickerell's Reporter.
TUESDAY MORNING, JAN. 30, 1838.
Ex. from the Lon. Bankers' Circular of Jan. 27
"FROM ITS NATURE, THE INFLUENCE OF A BANK MUST BE ALLIED TO THE ARISTOCRACY OF WEALTH, and not to the DEMOCRACY OF NUMBERS; AND THIS IS MORE ESPECIALLY THE CASE WITH GREAT CHARTERED BANKS HAVING IMMENSE POWER.
The Late Bank of the United States WAS ONE OF THIS DESCRIPTION, AND ITS POLITICAL INFLUENCE WAS PRODIGIOUS."
Extracts from Federal Papers.
" The time for reasoning has gone by," " and it is not by arguments but by sufferings, that conviction will be forced on the minds of the people !"'— National Gazette.
" A NATIONAL BANK WILL BE ESTABLISHED IN DESPITE OF ALL THE OPPOSITION THAT CAN BE ARRAYED and he who may hope for a different result will be disappointed! If the appeals that may be made to the virtue, the morality and the intelligence of the people cannot prevail, MONEY CAN BE USED AND THAT WILL OBTAIN VOTES IN FAVOR where all other arts and appliances are found abortive. " If you cannot get the votes of the people by persuasion,' said a distinguished politician on a memorable occasion. " GET THE MONEY BAGS AND PURCHASE THEM." THE MODE WILL BE APPLIED TO THE PLAN OF CHARTERING A UNITED STATES BANK."-Correspondent of Bickerell's Reporter.
What sub-type of article is it?
Economic Policy
Partisan Politics
What keywords are associated?
National Bank
Political Influence
Banking Power
Aristocracy Of Wealth
Vote Buying
Chartered Banks
What entities or persons were involved?
Bank Of The United States
National Gazette
Bickerell's Reporter
Editorial Details
Primary Topic
Political Influence Of National Banks
Stance / Tone
Critical Of Banking Aristocracy And Political Corruption
Key Figures
Bank Of The United States
National Gazette
Bickerell's Reporter
Key Arguments
Bank Influence Allies With Aristocracy Of Wealth, Not Democracy Of Numbers
Great Chartered Banks Like The Us Bank Wield Prodigious Political Power
National Bank Will Be Established Despite Opposition
Money Will Buy Votes If Persuasion Fails
Purchase Votes With Money Bags As A Political Tactic