a company of private individuals, many of them foreigners, and the mass of them residing in a remote and narrow corner of the Union, unconnected by any sympathy with the fertile regions of the Great Valley in which the natural power of this Union, the power of numbers, will be found to reside long before the renewed term of the second charter would expire. "And where," he asked, "would all this power and money center? In the great cities of the Northeast, which have been for forty years and that by force of federal legislation, the lion's den of Southern and Western money--that den into which all the tracks point inward; from which the returning track of a solitary dollar has never yet been seen." Declaring, in words that have a very modern sound, that the bank tended to multiply nabobs and paupers, and that "a great moneyed power is favorable to great capitalists, for it is the principle of capital to favor capital," he appealed to the fact of the country's extent and its sectional divergences against the nationalizing of capital. What a condition for a confederacy of states! What grounds for alarm and terrible apprehension when in a confederacy of such vast extent, so many rival commercial cities, so much sectional jealousy, such violent political parties, such fierce contests for power, there should be but one moneyed tribunal before which all the rival and contending elements must appear. Even more vehement were the words of Jackson in 1837. "It is now plain," he wrote, "that the war is to be carried on by the monied aristocracy of the few against the democracy of numbers; the [prosperous] to make the honest laborers hewers of wood and drawers of water through the credit and paper system."