The Squirrel Hunters of Ohio; or, Glimpses of Pioneer LifeJones, N. E. (Nelson Edward)
History
The Squirrel Hunters of Ohio; or, Glimpses of Pioneer Life
Jones, N. E. (Nelson Edward)
Frontier and pioneer life -- Ohio; Ohio -- History -- 1787-1865; Ohio -- Social life and customs
“_Thirty millions of its loans_ were not of a mercantile character,
but made to _members of Congress, editors of newspapers, politicians,
brokers, favorites, and connections_.” And it continued to rule until
the will and wisdom of President Jackson put an end to the great
monopoly. He removed the government deposits, prevented a re-charter,
and in 1833 made a statement to Congress, giving the grounds on which
his action was based toward the bank, saying “_it was for attempting
to control the elections, producing a contraction of the currency, and
causing general distress_.” The funeral went off quietly, with but few
mourners, and the American people were liberated from the bondage of
aggregated wealth, and Ohio obtained a lease for a number of prosperous
decades. But the war of the Sixties came, and moneyed combines grew in
power and audacity, until many persons expressed fears for the laws,
labor and liberties of the common people.
Taking into consideration the small number of wealthy persons among
the great mass of the people, it is rather remarkable that so many
patriotic men in this country, from the days of Washington up to
the present time, have expressed emphatically their fears for the
welfare of the republic should it fall under the destructive power of
concentrated and organized wealth.
President Jackson declared it was “better to incur any inconvenience
that may be reasonably expected than to _concentrate the whole
money power of the republic_ in any form whatsoever, or under any
restrictions.” He had seen the arrogant influences under all the
restrictions law could give, and gave the warning statement that what
he saw were but premonitions of the fate that awaits the American
people should they be deluded into sustaining institutions of
“_organized wealth_.”
President Lincoln said, at the close of the sanguinary struggle: “It
has cost a vast amount of treasure and blood; ... but I see in the near
future a crisis approaching that unnerves me and causes me to tremble
for the safety of the country. As the result of war corporations have
been enthroned, and an era of corruption in high places will follow,
and the money power of the country will endeavor to prolong its reign
by working upon the prejudices of the people, until all wealth is
aggregated into a few hands, and the republic is destroyed. I feel
at this moment more anxiety for the safety of my country than ever
before, even in the midst of war. God grant that my suspicion may prove
groundless.”
These and other prophetic warnings carry with them a vast degree of
thoughtful solemnity, due to our knowledge of man and the signs of the
times. When the successful candidate for office is made to depend upon
the size of the campaign fund, and party success more or less assured
in proportion to the length of figures beyond a dollar mark, the
liberties of the common people are fraught with danger, if not already
destroyed.
Public-domain text, read in full here on John Shaqi.
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