Original link: https://www.realhistorychan.com/andrew-jackson-vs-central-bankers.html
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Andrew Jackson vs the Central Bankers
An excerpt from "Andrew the Great" By Mike King |
JULY, 1832
BANKER BOSS NICHOLAS BIDDLE SCHEMES FOR EARLY RENEWAL -- BUT JACKSON VETOES BANK RE-CHARTER BILL
BANKER BOSS NICHOLAS BIDDLE SCHEMES FOR EARLY RENEWAL -- BUT JACKSON VETOES BANK RE-CHARTER BILL
"I
am willing it (the Bank) should expire in peace; but if it does persist
in its war with the government, I have a measure in contemplation which
will destroy it at once, and which I am resolved to apply, be the
consequences to individuals what they may." – Andrew Jackson
Though the real owners / bosses of The Bank were based in Europe, Nicholas Biddle of Philadelphia ran the United States end of Rothschild’s vast criminal network. Biddle, who had graduated from the University of Pennsylvania at the age of thirteen, was a brilliant financier and highly formidable adversary. To paraphrase a line from the classic film, The Godfather, Biddle “carried around politicians and newspapermen in his pocket like so many nickels and dimes.”
Though the real owners / bosses of The Bank were based in Europe, Nicholas Biddle of Philadelphia ran the United States end of Rothschild’s vast criminal network. Biddle, who had graduated from the University of Pennsylvania at the age of thirteen, was a brilliant financier and highly formidable adversary. To paraphrase a line from the classic film, The Godfather, Biddle “carried around politicians and newspapermen in his pocket like so many nickels and dimes.”
In January 1832, Biddle's lapdogs and dupes in Congress, chief among them being Senators Daniel Webster of Massachusetts and Henry Clay (recall the “corrupt bargain of 1824?”)
of Kentucky, introduced early Bank re-charter legislation. Although the
charter was not due to expire until 1836, Biddle and his boys figured,
correctly, that the current Congress would re-charter the Bank, and that
Jackson, in a re-election year, would not risk losing votes in
Pennsylvania and other commercial areas by vetoing it. They figured
wrong.
THE LEADERS OF THE PRO-BANK FORCES
Above: Nicholas Biddle -- Rothschild's American agent
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Biddle
's Boys: “The Immortal Trio” -- disloyal Vice President and
Secessionist John C Calhoun, Senator Daniel Webster, former House
Speaker who was behind the anti-Jackson “corrupt bargain” of 1824, now a
Senator, Henry Clay
Jackson's
opposition to the Bank became his obsession. Supported by strong
attacks against the Bank by some of the pro-Jackson newspapers, Jackson
vetoed the Bank Re-charter Bill and Congress lacked the 2/3 majority
needed to override a presidential veto. Jackson then ordered the federal
government's deposits to be removed from the Bank and placed in state
banks. In his veto address to Congress (July 10, 1832) Jackson denounced
the Bank as a tool of the wealthy and well-connected to further enrich
themselves at the expense of the people.
Excerpts:
“Is
there no danger to our liberty and independence in a bank that in its
nature has so little to bind it to our country? Is there not cause to
tremble for the purity of our elections in peace and for the
independence of our country in war? Controlling our currency, receiving
our public monies, and holding thousands of our citizens in dependence,
it would be more formidable and dangerous than a naval and military
power of the enemy.”
"It
is to be regretted that the rich and powerful too often bend the acts
of government to their selfish purposes. Distinctions in society will
always exist under every just government. Equality of talents, of
education, or of wealth cannot be produced by human institutions. In the
full enjoyment of the gifts of Heaven and the fruits of superior
industry, economy, and virtue, every man is equally entitled to
protection by law; but when the laws undertake to add to these natural
and just advantages artificial distinctions, to grant titles,
gratuities, and exclusive privileges, to make the rich richer and the
potent more powerful, the humble members of society-the farmers,
mechanics, and laborers-who have neither the time nor the means of
securing like favors to themselves, have a right to complain of the
injustice of their Government. There are no necessary evils in
government. Its evils exist only in its abuses. If it would confine
itself to equal protection, and, as Heaven does its rains, shower its
favors alike on the high and the low, the rich and the poor, it would be
an unqualified blessing. In the act before me there seems to be a wide
and unnecessary departure from these just principles."
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1.
“The Downfall of Mother Bank” -- President Jackson brandishes an 'Order
for the Removal of the Public Money deposited in United States Bank --
sending small figures running for cover. Biddle is depicted as the devil
with horns. 2. A satirical cartoon on the failure of Henry Clay, Daniel
Webster, John Calhoun, and Nicholas Biddle to save the Bank. The four
are blown up as Jackson enjoys a smoke.
NOVEMBER, 1832
BIDDLE BACKS CLAY FOR PRESIDENT -- JACKSON WINS RE-ELECTION IN A LANDSLIDE
Though
early re-charter was killed and Jackson was whacking away at the roots
of the Bank, Biddle and his agents still had four years left to
re-charter the Bank -- if they could get rid of Jackson. To that end,
Biddle -- who had already been funding crooked politicians and
anti-Jackson newspapers -- poured big money into the 1832 presidential
campaign of Senator Henry Clay. After the bank re-charter veto Biddle
wrote to his trusted puppet Clay:
"You ask what
is the effect of the veto. My impression is that it is working as well
as the friends of the Bank & of the country could desire. I have
always deplored making the Bank a party question, but since the
President will have it so, he must pay the penalty of his own rashness.
As
to the veto message I am delighted with it. It has all the fury of a
chained panther biting the bars of his cage. It is really a manifesto of
anarchy … and my hope is that it will contribute to relieve the country
from the dominion of these miserable people. You are destined to be the instrument of that deliverance,
and at no period of your life has the country ever had a deeper stake
in you. I wish you success most cordially because I believe the
institutions of the Union are involved in it.” (bold emphasis added)
The 1832 Democrat National Convention was the first ever convention of what was now known as the Democrat Party (which should in no way be confused with today’s corrupted Marxist Democrats!). It was held in Baltimore, Maryland in May of 1832. In addition to re-nominating Jackson, Martin Van Buren was chosen to be his Vice Presidential “running mate” – which meant that one of Jackson’s deadliest enemies, the southern secessionist and pro-Bank agent John C Calhoun, would no longer be Vice President.
In
spite of attacks against Jackson by agents of the central bank and
anti-Jackson / pro Biddle newspapers, the people, of states north and
south, stood with Jackson. He was overwhelmingly elected to a second
term over Biddle’s boy.
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Jackson defeats the snake Clay in a landslide!
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(Click on image)
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