Graham guardian., 1900-10-26
TRUE DEMOCRACY VS.. TOREY,
FEDERAL IMPERIALISM.
The eliminating Act of the Money PoweI
for Dominion Over Our Financial
Affairs.
by A. BUCK,

After the formation of our con-
stitution the Tory Federalists at
tempted to establish institutions in
our midst in limitation Of those
of England in order that the prin-
ciples enunciated in the Declara-
ton Of Independence might be
stealthily undermine and the
real objects sought for by scpera-
tion from tyrany and oppression,
he defeated. But soon after the
election of Thomas Jefferson to the
presidency in 1900, the last vestage
Of Tory-Federalism was wiped out
save and except the old national
bank. That infamous old institu-
ton had power of British and
American money behind it. The
Tory-Federalists cherished that
old image Of the bank of England
for the reason that it constituted
the most powerful engine through
which true republicanism might
be perverted in order that i'm
perialism might stealthily creep
tito the vitals of the Republic
through its corrupt money in
fluence. That infamous old in
stitution proved to be so strong
that it could not be overthrown
until during Jackson's second presi-
Dental term, and even then it
could not be done except through
a back-action lick in the shape of
q veto.
But the ory-Federalists did
not give up their favorite old en-
gine of oppression without a
mighty struggle. Prior to the
presidential election in 1882, Mich
olas Riddle, who was president of
the old Tory bark, thinking that
Andrew Jackson desired to be
elected for second term, went to
Washington and told Jackson that
the people in the different states
were owing vast sums of money to
his bank its branches and that he
eoG4d control the election in every
state and defeat any man for the
presidency who did not favor the
re-charter of the old bank. Jack
son Immediately told Mr.. Riddle
that if he could ever control the
election in any one state in the
Union, it was more power than
any one man should possess, and
that he would oppose the re-char
ter of that bank. Upon hearing
so emphatic a declaration from old
hickory, Mr.. Riddle went home to
Philadelphia where the old bank
was located and commenced wag-
ing one of the most relentless war
fares against Jackson. He called
a great meeting in Philadelphia
where ten thousand men were ban
quetted and feasted, Great speeches
were made by those who were
then called "honest" or "sound
money men," and they denounced
Jackson as Il tyrant and II traitor.
Nearly all the wealthy in the east
arrayed themselves against Jack
son and denounced his supporters
as anarchists as they denounced
w. J. Bryan and his followers.
The press was brought up and
turned loose against him. But
true patriotism prevailed in those
days. The people stood by jack
son at the polls and he carried
nearly every state in the Union.
From that time until 1857, the
country was administered in ac-
cordance with true Democratic
principles and the people pros
pered as they never had before.
But on the 18th day of February
1857, the money vultures again
succeeded in procuring the passage
of an act through congress that
again goaded the people and blight
ed their prosperity. From about
1903 to 1857 the gold and silver
coins of nearly all the Republics
south of us, and those of nearly
every European nation were
legal tender here along side of our
.o,yn Eut In 1897 the unnnN,