Inquiry Into the Origin and Course of Political Parties in the United StatesVan Buren, Martin
History
Inquiry Into the Origin and Course of Political Parties in the United States
Van Buren, Martin
Political parties -- United States
Without the hearty and constant coöperation of that interest the
impassable barrier that has been erected against the politically
demoralizing and anti-republican tendency of the Hamiltonian policy
could never have been maintained. I have alluded to the reasons for my
belief that it is placed by its position and by the law of its nature
beyond the reach of that policy, and my firm conviction that it will
secure to our people the blessings of republican government as long as
it remains the predominant interest in the country. It can only be when
the agriculturists abandon the implements and the field of their labor
and become, with those who now assist them, shopkeepers, manufacturers,
carriers, and traders, that the Republic will be brought in danger of
the influences of the money power. But this can never happen. Every
inclination of the landed interest, however slight, in that direction
has been to it a prolific source of loss, regret, and repentance.
Between 1835 and 1840, when the country was stimulated to madness by the
Bank of the United States and its allies, the interests of agriculture
were so much neglected as to lead to large importations of breadstuffs
from Europe, whilst the land was covered with luxury, soon succeeded by
bankruptcy and want. But the sober second-thought of the people, in a
remarkably brief period, not only brought that great branch of the
industry of the country back to the point from which it had been
seduced, but drove from power those who had risen to it upon the
strength of a temporary popular delusion.
Public-domain text, read in full here on John Shaqi.
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