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Letter to Editor
October 13, 1792
National Gazette
Philadelphia, Philadelphia County, Pennsylvania
What is this article about?
A sarcastic letter to Mr. Freneau criticizes Treasury Secretary policies benefiting speculators through national debt, mocks public ingratitude for financial burdens like imposts and excises, and warns of artificial capital enabling electioneering influence across the union.
Clipping
OCR Quality
98%
Excellent
Full Text
For the National Gazette.
Mr. Freneau,
I congratulate, Sir, our worthy speculators on the laudable pleasure administered to them by the Secretary of the Treasury, as demonstrated by a writer in your Gazette of Wednesday last, which must give full sanction to the humane and charitable reflection, that they are enjoying several millions a year for the benefit and blessing of the people, whose pockets are disburdened thereof; and I sigh and mourn for the ingratitude and stupidity of the people, who think it enough to pay a debt, because they owe it; and do not see, confess, and acknowledge, that such an artificial national wealth, would be cheaply purchased by an impost which can only burthen their trade and agriculture, and an excise, that can at the worst, only endanger their liberties; nay, who are so wickedly perverse, that they will not understand the obvious mystery of an artificial capital, but are opening their ears to suggestions, that artificial capital is artificial influence: and that secret manoeuvres are already on foot to work off this influence, throughout the union, as an engine for electioneering combinations.
MONITOR.
Phila. October 19.
Mr. Freneau,
I congratulate, Sir, our worthy speculators on the laudable pleasure administered to them by the Secretary of the Treasury, as demonstrated by a writer in your Gazette of Wednesday last, which must give full sanction to the humane and charitable reflection, that they are enjoying several millions a year for the benefit and blessing of the people, whose pockets are disburdened thereof; and I sigh and mourn for the ingratitude and stupidity of the people, who think it enough to pay a debt, because they owe it; and do not see, confess, and acknowledge, that such an artificial national wealth, would be cheaply purchased by an impost which can only burthen their trade and agriculture, and an excise, that can at the worst, only endanger their liberties; nay, who are so wickedly perverse, that they will not understand the obvious mystery of an artificial capital, but are opening their ears to suggestions, that artificial capital is artificial influence: and that secret manoeuvres are already on foot to work off this influence, throughout the union, as an engine for electioneering combinations.
MONITOR.
Phila. October 19.
What sub-type of article is it?
Satirical
Persuasive
Political
What themes does it cover?
Economic Policy
Politics
What keywords are associated?
Speculators
Treasury Secretary
National Debt
Impost Tax
Excise Tax
Artificial Capital
Electioneering
Political Influence
What entities or persons were involved?
Monitor.
Mr. Freneau
Letter to Editor Details
Author
Monitor.
Recipient
Mr. Freneau
Main Argument
sarcasm highlights how speculators profit from treasury policies at the people's expense via national debt, dismissing imposts and excises as minor burdens while warning that artificial capital fosters undue political influence and electioneering maneuvers.
Notable Details
Sarcastic Congratulations To Speculators
Mourning People's 'Ingratitude' For Paying Debts
References To Impost Burdening Trade And Agriculture
Excise Endangering Liberties
Artificial Capital As Influence For Electioneering