Essays On the Spirit of Jacksonism As Exemplified in Its Deadly Hostility to T
Essays On the Spirit of Jacksonism As Exemplified in Its Deadly Hostility to T
Thomas Loraine Mckenney
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Nay, to denounce the President and Directors as unworthy of their trust, and unfitted to manage the great concerns of the Bank? Well, the Board of Directors being intelligent men, com- petent and just men, and having an eye to the interests of the Bank, instead of refusing to comply with the suggestion of the stockholder, as I have supposed, did NO MORE by comply- 76 ing, in the money expended for extra Speeches, and extra Documents, exculpatory of the Bank, and vindicating it against the effec...ts of calumny, than was its solemn and sa- cred duty a duty it owed alike to the government and all its other stockholders. It is to this very course, I have no doubt, that public opinion was enabled to sustain the Bank, and that the stock of the Bank maintained, against all the attacks upon it, and in spite of the plans of the Speculators, who are known to have been in the secret at Washington, its price as it did. But for this, it would have been the subject of perpetual fluctuation;. And the "buyers and sellers, " men not a whit better than they whose tables once disgraced the temple at Jerusalem, and which the purest and holiest of beings, overturned, would have continued to "buy and sell" and "make gain;" because they were in the secret, and knew when the spring was to be touched, and when the pressure upon it was to be withdrawn.
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