Much has been said of the watershed moment, where politics and party play out their game of “circular Russian Roulette”. One theme that has caught my attention relates to the populism of Andrew Jackson and his rise to power. While emphasis has been drawn to the initial denial of his popular election, at the hands of political power brokers, what has grabbed me has been unspoken, at least to my knowledge — just what policies came from his ultimate election, who stood up to them, why, and what were the consequences? While the obvious contemporary corollary is “The Donald”, the same measure of consideration should be given to other candidates, going forward.
One needs go no further than to look to the writings of one David Crockett, “King of the Wild Frontier”, scout, soldier, famed defender of the Alamo — and Congressman. The forced removal of the Cherokee nation from their native lands is often cited as the preeminent reason for Crockett’s move to Texas, but the roots of dissent came before he made this statement in 1834:
“I have almost given up the Ship as lost. I have gone So far as to declare that if he martin vanburen is elected that I will leave the united States for I never will live under his kingdom. before I will Submit to his Government I will go to the wildes of Texas. I will consider that government a Paridice to what this will be. In fact at this time our Republican Government has dwindled almost into insignificancy our [boasted] land of liberty have almost Bowed to the yoke of Bondage. Our happy days of Republican principles are near at an end when a few is to transfer the many.”
Of, perhaps, even greater concern for Crockett was the diversion of funds from the National Bank of the U.S. Jackson detested all banks, believing, for several arguably valid reasons, that the only sound currency was gold and silver. Jackson had strong support from business, whose belief was that the destruction of the bank would increase credit availability. In the immediate aftermath, there was a boom in many facets of infrastructural development, agriculture, and manufacturing, but, concurrently, inflation dramatically increased — to 28%. Depression hit, benchmarked by the Panic of 1837. Its effects would not begin to show recovery for another 8 years. Pro-Jackson forces isolated and defeated Crockett in his bid for reelection.
Crockett’s words, three years before the Panic and two years before his death, shed light on what should be the takeaway from this lesson:
“I will now give you a history of the times at headquarters [Washington, D.C.]. We are still engaged in debating the great question of the removal of the [Federal government's] deposits [from the Bank of the United States.] This question have consumed almost the whole of the session [of Congress].... The Senate took the vote last week on Mr. Clay's Resolutions [on the administration's decision to divert federal funds from the Bank]. First resolution was that the Secretary's reasons were insufficient, and was not satisfactory to the Senate and the other was that the President [Jackson] has violated the Laws and the Constitution. The first resolution was adopted 28 to 18 and the Second by a vote of 27 to 19.... This was the vote of the Senate and I hope the vote may be taken in the House next week. It will be a close vote. Both parties claim the victory. I am still of [the] opinion that the House will adopt similar Resolutions to that of the Senate. My reasons for these opinions is that in so large and intelligent body of men called Honourable men cannot violate principle so much as for a majority to vote for a measure that every man that knows anything must acknowledge is contrary to the laws and Constitution. I have conferred with some of our own numbers that has not acknowledged that the act was not right, that Jackson had not a friend in Congress but was sorry that the act was done, but that they must sustain their party. This is what may be called forsaking principle to follow party. This is what I hope ever to be excused from. I cannot nor will not forsake principle to follow after any party and I do hope there may be a majority in Congress that may be governed by the same motive.… (emphasis, here and elsewhere, is mine — DK)
I do consider the question now before Congress is one of deep interest to the American people the question is whether we will surrender up our old long and happy mode of government and take a despot. If Jackson is sustained in this act we say that the will of one man shall be the law of the land. This you know the people will never submit to. I do believe nothing keeps the people quiet at this time only the hope that Congress will give some relief to the Country. We have had memorials from more than three hundred thousand people praying for the restoration of the deposits and a revival of the Charter of the United States Bank. They state that the manufactures have all stopped and dismissed their hands and that there is men, women and children ro[a]ming over the country offering to work for their victuals. You know that such a state of things cannot be kept quiet long. This have never been the case before since previous to the old war [the War of 1812]. The people petitioned in vain...and at length we knew what followed and...my great dread is a Civil War. I do consider the South Carolina question [the Nullification controversy] nothing to compare with the present moment. We see the whole circulatory medium of the Country deranged and destroyed and the whole commercial community oppressed and distressed.... Just to gratify the ambition of one man [Jackson] that he may [w]reck his vengeance on the United States Bank. And for what? Just because it refused to lend its aid in upholding his party. The truth is he is surrounded by a set of imps...that is willing to sacrifice the country to promote their own interest....
I have no doubt of the people getting their eyes open yet in time to defeat the little political Judas, Martin Van Buren.... Never was the money of Rome more compleat on the hands of Caesar than the whole purse of the nation is at the time in the hands of our President Jackson.... He is now in possession of both sword and purse. Caesar said to the secretary of Rome give me the money and the secretary said no person have a right to ask that but the Roman Senate and Caesar said to him that it would be as easy for Caesar to take your life as to will it to another. With that the Secretary knowing that Caesar had all power he stepped aside and Caesar took the money. How was it with Andrew Jackson when he asked Mr. Duane to remove the deposits and he refused & he was then dismissed and a more pliable one appointed and the act is done and I believe they are sorry for it. No man knows where the money of the Country is. Congress has no control over it. This is a new scene in our political history.”
A new scene then, but an all too familiar one now.