The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1902-10-10
A Historioal Parallel.
Courier Journal.)

' "'o ooS'h OIL eu Uy tue TeSl
dents avowed hostility to trusts and
arc disposed to resent his temerily
and irreverence toward those sacred
organizations by defeating his nomi.
nation, and, failing in that, his cleo
tion at the polls, we shall probably
have about as interesting Il campaign
as has been witnessed for sonnet hing
more than half century. If the
President is as ''strenuous" and ear.
nest rs he is reputed to be, the con
test will not be unlike Il genuine COW
boy affair in tho West. In many re-
spects it will resemble that memora.
ble conflict between Andrew jackson
and the United States Bank, and we
shall be able to compare tho hero of
New Orleans with tho hero claimant
Of San Juan.
Like jackson Mr.. Roosevelt opens
his attack on the trusts during his
first terra. Though the charter Of
the United States Bank would not
expire for six years, in his first mes
s'ge to Congress Jackson fired his
opening shot, we'll aware that time
would be required to rally the peo-
pie TO his standard and couuteract
the advantage which such an institu-
tion would have, in sudden COLI.
sion, with all it's money and it's me-
mails at hand. "Both the constitu
tion"lity and expediency of the law
creating this bank" naid he, "are
we'll questioned by largo portion of
our fellow citizens, and it must be
admitted by all that it has failed in
the great end of establishing uni.
form and sound currency"
From that moment the war was
prosecuted with the bitterest rancor
and most relentless vigor. The stock
Of the bank foil from 1913 to 1l0. Its
officers, with Biddle, the president,
at the head, realizing the desperate
character Of the conflict, organized
powerful lobby with headquarters
in Washington City. They sum-
moned all their resources. They did
not hesitate or haggIe over the price
of votes in Congress. They subsid.
lied newspapers in every part of the
country. The friends of tho admin
istration i'll Congress- succeeded in
securing committees of nvestigatiou,
but they could not prevent the lobby
from packing and controlling them.
report WAS made favorable to the
bank, and as Il result it's stock rose
to l3O. 1t looked IA if the con-
queror Of the British was beaten by u
bank. His foes seemed to over. whelm
him. Suborned speakers and news
papers vilified him basely and cruel
ly. There we're secret traitors in
his own ranks who had been corrupt.
ed, and his frail figure seemed about
to be crushed by the most powerful
financial institution OF the Western
Hemisphero.
Perhaps nothing in the history of
that remarkable man illustrates the
unflinching iirmness Of his character
or the heroic courage of his daunt-
less soul than his conduct dnring
that trying period Of his life. CLAY.
Webster, and l. or Calhoun were
fighting him in .he Senate, all in
famed by the sting of disappointed
ambition and goaded by the rowel of
the bitterest personal hatred. Bnt
never did he finch under the terri.
ble dlatribes which spared neither
his private nor public life. The old
spirit rose within him. The old fire
blazed in an eye in which Tom Mar.
shall said he could still see twenty
unfought battles The old fury
shook his frame, emaciated and en-
feebled by disease, but which again
displayed its dreadful euergy. As
on former occasions, the fury of com
bat, the rage Of battle strengthened
his weakened limbs and added a new
fiame to his hngging spirit. He was
no longer an invalid. There was
spring in his step; an imperial and
martial manner-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