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Story
July 25, 1831
Lynchburg Virginian
Lynchburg, Virginia
What is this article about?
Political commentary on the U.S. President's proposal for a Government Bank, which has unexpectedly bolstered public support for the Bank of the United States and caused a rift among administration followers. (From Niles' Register.)
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BANK OF THE UNITED STATES.
The extraordinary proposition of the President of the United States relative to the creation of a Government Bank, (than which no President of the United States would rather take the chance of our liberties under Louis Philip of France, or William of Great Britain,) has powerfully strengthened the claims of the Bank of the United States to the favor of the people; and thousands that were indifferent, if not actually opposed to a renewal of the charter of that institution, even with certain alterations which some supposed the public safety would require—have become its warm friends, as well because of the uncalled for attack made upon it by the President, as in opposition to the monied monster proposed to be substituted for it; and tens of thousands who have "gone the whole" with the administration on other points, have made a sudden halt here.
(Niles' Register.)
The extraordinary proposition of the President of the United States relative to the creation of a Government Bank, (than which no President of the United States would rather take the chance of our liberties under Louis Philip of France, or William of Great Britain,) has powerfully strengthened the claims of the Bank of the United States to the favor of the people; and thousands that were indifferent, if not actually opposed to a renewal of the charter of that institution, even with certain alterations which some supposed the public safety would require—have become its warm friends, as well because of the uncalled for attack made upon it by the President, as in opposition to the monied monster proposed to be substituted for it; and tens of thousands who have "gone the whole" with the administration on other points, have made a sudden halt here.
(Niles' Register.)
What sub-type of article is it?
Historical Event
What themes does it cover?
Fortune Reversal
What keywords are associated?
Bank Of The United States
Government Bank
President Proposition
Public Opinion
Charter Renewal
Niles Register
What entities or persons were involved?
President Of The United States
Louis Philip Of France
William Of Great Britain
Bank Of The United States
Story Details
Key Persons
President Of The United States
Louis Philip Of France
William Of Great Britain
Bank Of The United States
Story Details
The extraordinary proposition of the President of the United States relative to the creation of a Government Bank has strengthened the claims of the Bank of the United States to public favor, converting indifferent or opposed individuals into supporters due to the uncalled-for attack and opposition to the proposed monied monster substitute, causing many administration supporters to halt on this point.