FEDERAL GOVERNMENT MONEY VS. BANK CURRENCY. LETTER FROM GEN. WM. BRINDLE, OF MUNCY, PA. TO THE HON. WM. H. WITTE
by Brindle, William
Philadelphia: Published by Samuel P. Town, 1874. Original printed wrappers with wrapper title, as issued. 8pp. Stitched. Light wear, Very Good. Brindle was a Democrat who had served with Franklin Pierce in the Mexican War. President Pierce appointed him Indian Land Agent in the Kansas Territory, at Lecompton. He resigned when Abraham Lincoln was elected President. A critic of Lincoln's war policies, Brindle was arrested at Lecompton in July 1862 and briefly detained. After his release, he returned home to Muncy, from which several years later he penned this critique of Witte's monetary proposals. Witte had been a Pennsylvania Congressman. Brindle supports placing U.S. Treasury Notes on a par with specie payments, and denies that payment of bondholders with such notes would constitute a repudiation of the federal debt. He emphasizes, in opposition to Witte, "JEFFERSON, MADISON AND CALHOUN IN FAVOR OF UNITED STATES TREASURY NOTES AND IN OPPOSITION TO BANKS OF ISSUE." This position of the Democratic Party, opposing a "Monied Tyranny" of Banks, has been Democratic dogma since its inception. OCLC 191278885 [1- AAS] as of November 2017. (Inventory #: 34439)
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