Democratick Editorials: Essays in Jacksonian Political Economy
1. Theodore A. Leggett, Early Settlers of West Farms, with additions by A. Hatfield, Jr. (New York: n.p., 1913), pp. 51-52; Abraham Leggett, The Narrative of Abraham Leggett, introduction and notes by Charles I. Bushnell (New York: privately printed, 1865), pp. v-vi. The area of West Farms has since been annexed from Westchester by the Bronx.
2. Page S. Proctor, Jr., "William Leggett (1801-1839): Journalist and Literator," Papers of the Bibliographical Society of America 44 (July-September 1950), pp. 241-243; Richard Hofstadter, "William Leggett, Spokesman of Jacksonian Democracy," Political Science Quarterly 58 (December 1943), pp. 582-584; [William Cullen Bryant,] "William Leggett," The United States Magazine and Democratic Review 6 (July 1839), pp. 20-22.
4. William Leggett, "The Newspaper Press," in A Collection of the Political Writings of Willam Leggett, selected and arranged by Theodore Sedgwick, Jr. (New York: Taylor & Dodd, 1840), vol. II, p. 199.
11. Ibid., pp. 34, 46; William Trimble, "Diverging Tendencies in New York Democracy in the Period of the Locofocos," American Historical Review 24 (April 1919), pp. 399-400, 416; Idem, "The Social Philosophy of the Loco-Foco Democracy," American Journal of Sociology 26 (May 1921), pp. 705-708; Hofstadter, op. cit., pp. 593-594.
14. Jeremy Bentham, "Lending Principles of a Constitutional Code For Any State" in Bentham's Political Thought, edited by Bhikhu Parekh (New York: Barnes & Noble Books, 1973), pp. 195-206. This first appeared in The Pamphleteer 44 (1823).
TRUE FUNCTIONS OF GOVERNMENT
OBJECTS OF THE EVENING POST
REPLY TO THE CHARGE OF LUNACY
22. The story to which allusion is here made cannot too often be repeated. We copy it from a life of Marvell, by John Dove. It is as follows: The borough of Hull, in the reign of Charles II. chose ANDREW MARVELL, a young gentleman of little or no fortune, and maintained him in London for the service of the public. His understanding, integrity, and spirit, were dreadful to the then infamous administration. Persuaded that he would be theirs for properly asking, they sent his old schoolfellow, the LORD TREASURER DANBY, to renew acquaintance with him in his garret. At parting, the Lord Treasurer, out of pure affection, slipped into his hand an order upon the Treasury for 1,000l., and then went to his chariot. Marvell looking at the paper, calls after the Treasurer "My Lord, I request another moment." They went up again to the garret, and Jack, the servant boy, was called. "Jack, child, what had I for dinner yesterday?" "Don't you remember, sir? you had the little shoulder of mutton that you ordered me to bring from a woman in the market." "Very right, child. What have I for dinner to day?" "Don't you know, sir, that you bid me lay by the blade-bone to broil?" " 'Tis so, very right, child, go away. My Lord, do you hear that? Andrew Marvell's dinner is provided; there's your piece of paper. I want it not. I knew the sort of kindness you intended. I live here to serve my constituents; the Ministry may seek men for their purpose; I am not one."
THE MONOPOLY BANKING SYSTEM
STRICTURES ON THE LATE MESSAGE
25. Leggett may have been aware of the private Bechtler mint in North Carolina, which coined several million dollars worth of Southern Appalachian gold between 1831 and 1850. Congress did not outlaw private coinage until 1864.—Ed.
THE MONEY MARKET AND NICHOLAS BIDDLE
THE PRESSURE—THE CAUSE OF IT—AND THE REMEDY
CONNEXION OF STATE WITH BANKING
SEPARATION OF BANK AND STATE
"BLEST PAPER CREDIT"
THEORY AND PRACTICE
38. In the free banking system of Scotland, which Leggett praises elsewhere, almost all banks operated with unlimited shareholder liability for bank obligations. They experienced no runs for specie, though their specie reserves were a small percentage of their note and deposit liabilities.—Ed.
THE CREDIT SYSTEM AND THE ARISTOCRACY
RIOT AT THE CHATHAM-STREET CHAPEL
41. This is a reference to the American Colonization Society, founded 1817 to aid free blacks by resettling them in Africa. The Society founded the colony of Liberia in 1822, and at the time Leggett wrote was at the peak of its influence.—Ed.
GOVERNOR McDUFFIE'S MESSAGE
REWARD FOR ARTHUR TAPPAN
THE ANTI-SLAVERY SOCIETY
PROGRESS OF FANATICISM
52. Amos Kendall, Postmaster General of the United States, had refused to overrule the postmaster of Charleston's decision not to deliver abolitionist tracts through the mail. Leggett devoted several editorials to denunciation of this postal censorship.—Ed.
THE QUESTION OF SLAVERY NARROWED TO A POINT
DESPOTISM OF ANDREW JACKSON
59. William John Duane, secretary of the treasury from June to October of 1833, was removed after refusing to obey Jackson's directive to transfer federal government deposits from the Bank of the United States to state banks.—Ed.
A BAD BEGINNING
THE WHIG EMBASSY TO WASHINGTON, AND ITS RESULT
61. Leggett refers to the published comments of a committee of New York Whigs on a letter from President Van Buren. The President wrote in response to requests presented to him in Washington by the committee.—Ed.
RIGHT VIEWS AMONG THE RIGHT SORT OF PEOPLE
64. New York's whig mayor, Aaron Clark, was formerly a lottery dealer. See "The Municipal Election," in Leggett, Political Writings, vol. II, pp. 279-281. Clark was elected because the Loco Focos split the democratic vote.—Ed.
"A LITTLE FREE-TRADE CRAZY"
FREE FERRIES AND AN AGRARIAN LAW
FREE TRADE, TAXES, AND SUBSIDIES
THE CAUSE OF HIGH PRICES, AND THE RIGHTS OF COMBINATION
OMNIPOTENCE OF THE LEGISLATURE
74. "Croaker" was a pseudonym used by Joseph Rodman Drake and Fitz-Greene Halleck for a series of satirical poems which appeared in the Evening Post in 1819. The stanza quoted is from "The National Paintings: Col. Trumbull's 'The Declaration of Independence' "; by Drake.—Ed.
RIGHTS OF AUTHORS
75. William Jackson, of New York, was the American publisher to whom Leggett here refers; the British publishers were the Society for the Diffusion of Useful Knowledge. Jackson sold his Penny Magazine for three cents and carried on the business from 1833 to 1841.—Ed.
THE RIGHTS OF AUTHORS
76. David Rittenhouse, American astronomer and instrument maker, was anticipated by Charles Boyle, the fourth earl of Orrery, in the invention of a gear-driven device for illustrating the relative movements of the bodies in the solar system.—Ed.
RIGHT OF PROPERTY IN THE FRUITS OF INTELLECTUAL LABOUR
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