The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1902-10-03
A HISTORICAL
PARALLEL.
Can Roosevelt 60 the Iacksonian
Gait.
Jsckson's Fight With the Old United
States Bank Compared With
Roosevelt's Alleged Fight
With the Trusts.
.From the Louisville COurier-JournaIl

.v,om the Louisville Courier-JournaIl
Now that Mr.. Morgan and his
ASSOCIATES have been angered by the
Presidents avowed hostility 70 trusts
and are dipossed to resent his temerity
and perseverance, toward those sacred
organizations by defeating his nomi-
nation. ana, failing in that his cleo
tion at the polls, we shall probably
have about as interesting campaign
as has been witnessed for something
more than half a century, IL the
President is IAN strenuous anu
earnest as he is reputed to be, the con-
test will not be unlike genuine cow
bow affair in the West. In many re-
spects it will resemble that memorable
conflict between Andrew jackson ana
the United States Bank, and we shall
be able to compare the hero OF New
Orleans with the hero claimant OF San
Juan.
MS attack on the trusts during his nrst
term. Though the charter OF the
United States Bank would not expire
for six years, in his first message 10
Congress jackson fired his opening
shot, well aware that time would %
required to rally the people TO ms
standard and counterfeit the advantage
which such an institution wouid nave,
in a sudden collision, with all Its
money and its menials at hand. both
tne constitutionaIity and expedlency
IF the law creating this bank. said
he .sa,e we'll questioned by large
norton of our fellow citizens. and 1t
must be ADMITTED by all that 1t mas
tailed in the great end of establishing
a Uniform and sound currency.
From that moment the war was
prosecuted with the bitterest rancor
and most relentless vigor. The Stock
IF the hank fell from 1.3 to 116. Its
officers. with Biddle. the president, at
fbe head. realizing the desperate
character of the conflict. organized
nowerful lobby with headquarters In
Washington City. They summoned
all their-resources They did not
hesitate or haggle over the price OF
votes in Congress. They: subsidized
newspapers in every part OF the
country. The friends Of the Admin
istration in Congress succeeded In So
cnr1ne committees of investigation,
but they could not prevent the iopDy
from hacking and controlling them.
A report was made favorable to the
hank and as result its stock rose TO
lao It looked as if the conqueror OF
the British was beaten Dy bank. HIS
foes seemed to overwhelm MIN.
Suborned speakers and newspapers
vil;f;ed him basely and cruelty. There
we're secret traitors In his own RANKS
who had been corrupted. and his frali
f;gure seemed about to be crushed by
the most powerful financial institution
of the Western Hemisphere.
Perhaps nothing in the history OF
that remarkable man illustrates the
nnaiaching firmness of his character
or fine heroic courage of his dauntless
sonI than his conduct during that
irving period of his life Clay, Web
ster. and later Calhoun were lighting
rim in the Senate, all intiamed by
fine sting of disappointed ambition
and goaGed by the rowel of the bit,
terest personal hatred. But never dld
he finch under the terrible diatribes
which spared neither his private nor
nnblic life. The old spirit rose within
him. The old fire blazed in an eye IN
which Tom Marshall said he coulo
still see twenty unfought battles. Inc
old fury Shook his frame, emaciated
and enfeebled by disease, but which
again DISPLAYED its dreadful energy:
AZ on former occasions, the fury OF
combat the rage of battle strengthened
his weakened limbs and added new
flame to his tagging spirit He was
no longer an invalid. There was
spring in his step; an imperial man
ner-almost the flush of restored youth
IN his cheek. He had always fought
the enemies OF his country; he would
fight them still, whether they appeared
in scarlet coats or as the minions OF
monetary and degrading despotism. .
He summoned Blair from TRANSPORT
to establish the Congressional Globe
To Amos Kendall he would dictate It's
editorials, walking the floor, pufhng
his pipe that glowed like furnace
and next day his fiery thoughts would
appear bedecked in Kendall's graceful
and brilliant style. He, too. would
have his organs. He would draw the
line between his friends and his foes
and, during his first term, he mace
over 700 removals from Office, not IN
GLIDING clerks, though there had been
sbut sixty removals during the proceed
ing forty wears. There was not one
foot of middle ground, and no spot for
refuge for traitors or sKulkers. These
he could detect almost at glance. IL
would be interesting to see some or
the tricky and corwardly politicians CT
the present day writhing under the fierce