The Origins and Establishment of the First Bank of the United States

1956 ◽  
Vol 30 (4) ◽  
pp. 472-492 ◽  
Author(s):  
H.Wayne Morgan

In the early days of the Republic, opposition to a national bank derived from fear, ignorance, and a basic cleavage of prophecy. To many persons banks were synonymous with speculation; others viewed them as “aristocratic engines” designed to advance the interests of the few over those of the many. Most important, however, was the discrepancy of viewpoints between those who envisaged an agricultural nation and those who already sensed the embryonic stirrings of a vast industrial economy. To the htter, a strong central bank seemed indispensable. The struggle to establish the First Bank of the United States emphasized the rural-urban cleavage that was to influence much nineteenth-century history. It was also a conspicuous early recourse to implied Constitutional powers, anathema to States' Rights defenders and a great hope of businessmen in a still feeble nation.

Author(s):  
William H. McNeill

IN THE LATTER part of the nineteenth century, east coast city dwellers in the United States had difficulty repressing a sense of their own persistent cultural inferiority vis-à-vis London and Paris. At the same time a great many old-stock Americans were dismayed by the stream of immigrants coming to these shores whose diversity called the future cohesion of the Republic into question almost as seriously as the issue of slavery had done in the decades before the Civil War. In such a climate of opinion, the unabashed provinciality of Frederick Jackson Turner's (1861-1932) paper "The Significance of the Frontier in American History," delivered at a meeting of the newly founded American Historical Association in connection with the World Columbian Exposition in Chicago (1892), began within less than a decade to resound like a trumpet call, though whether it signalled advance or retreat remained profoundly ambiguous....


2020 ◽  
Vol 59 (1) ◽  
pp. 180-182

On August 8, 2019, the United States Court of Appeals for the Ninth Circuit issued an opinion in Bakalian v. Central Bank of Republic of Turkey, Case No. 13-55664. In this case, the Ninth Circuit affirmed the district court's dismissal of plaintiffs’ claims seeking compensation from the Republic of Turkey and two Turkish national banks for lands that they claim were unlawfully confiscated from their ancestors during what the Court refers to as the Armenian Genocide of 1915–1923. In 2006, California adopted a statute extending the statute of limitations for claims arising out of the Armenian Genocide to December 31, 2016. Thus, the claims filed by the plaintiffs in 2010 were not time-barred under the statute; however, the panel found that since the Court had previously found the statute to be unconstitutional, no statute existed to extend the statute of limitations and therefore the claims were time-barred. The panel held that since the claims were plainly time-barred, the Court need not address legal questions posed regarding Foreign Sovereign Immunities Act jurisdiction.


2019 ◽  
Vol 26 (3) ◽  
pp. 257-284
Author(s):  
Seth Offenbach

The U.S. conservative movement in the mid-20th Century argued that the United States needed to continuously get tougher in the fight against communism worldwide. It remained supportive of U.S. efforts throughout the Vietnam War. However, in the period immediately preceding Americanization of the war in 1965, conservatives were uncertain about the outcome of any fighting in Vietnam. Specifically, they claimed that optimism for the Republic of Vietnam was lost with the assassination of President Ngo Dinh Diem in 1963. Without Diem, conservatives claimed, the Vietnam War was likely lost before it began. This article discusses how Diem went from a barely talked-about anti-Communist ally prior to his death to becoming posthumously the last great hope for Southeast Asia. Conservatives argued that without Diem, the only way the United States would be able to stop Communist expansion in Indochina would be to engage in a massive aerial bombing campaign and find a regional partner to deploy troops. Had he survived, this might not have been necessary. Learning why and how conservatives supported Diem after his death helps us better understand how conservatives reacted to the Vietnam War once Americanization began in 1965.


The aftershocks of the American Revolution reverberated through the early nineteenth century, leaving the new country unsettled and at odds with itself. The essays in Warring for America offer a kaleidoscope of perspectives on the internal divisions amongst the inhabitants of the early Republic that hindered the emergence of a coherent American nation as much as did the lingering impact of British imperial influence. Traditional understanding of the War of 1812 era as a moment that reaffirmed the political independence of the United States, thereby ushering in a neat period of stability, have failed to explain the enduring struggle to define the social and physical parameters of the new nation that dominated much of the nineteenth century. By turning from high politics to cultural productions and material problems, the authors in this volume explore the many social and economic conflicts within the United States that were fought on cultural terrain. Wartime calls for unity only cast into sharper relief the arduous efforts of varied Americans to control the terms of inclusion or exclusion within their country. From presidents to African Free School students, from hack magazine writers to Choctaw mothers, Americans fought for country on the battleground of belonging.


1931 ◽  
Vol 25 (4) ◽  
pp. 625-641
Author(s):  
Thomas Baty

It has been the peculiar glory of the United States in history to be a great neutral Power and the champion of neutral rights. From the earliest days of the republic, the sentiments of her statesmen, of Washington and Hamilton no less than of Jefferson and Franklin, were whole-heartedly for peace and neutrality, for the protection of the merchant against the soldier. And throughout the nineteenth century, the world acclaimed neutrality with her, and regarded the United States as the standing exemplar of a Peace Power. It was recognized that there might indeed be excusable wars, just wars, necessary wars. But the ideal of the nineteenth century was peace. Just and necessary as his cause might be, the belligerent was an ipso facto nuisance. He must be allowed to interfere as little as possible with the peaceful affairs of the world. On any doubtful question of interference with neutral commerce, the presumption was against him. He had always been a nuisance, and he was coming to be an anachronism. As an anachronistic nuisance, the scales were heavily poised against a belligerent.


Author(s):  
Jeremy R. Ricketts

At its founding, the United States did not have a long history nor an official state religion to draw from to construct a national identity, so Americans turned to the creation of sacred geographies built around nature and, as time passed, the founding myths of the republic. These natural and human-built sacred places now span the United States and correspond to a civil religion that appeals to tourists. The United States even has sacred documents like the Declaration of Independence that tourists view with reverence. Sacred tourist destinations are often overtly constructed and they imbue a nation with identity, elicit something akin to religious awe, and create a place wherein public rituals and modern pilgrimages are enacted. They also underscore the diverse nature of sacred tourism in America. Religion and tourism both exist in space and use space to construct meaning. The motivations of those religious adherents who travel to sacred places are buttressed by an undercurrent of belief. Tourists, on the other hand, are not always believers, and they have diverse rationales for traveling to sacred places: some are on a quest for genuine spiritual engagement, others are seeking authenticity to offset the manufactured nature of modernity, and still others simply have an attraction to the cultural lore connected to a place. Tourists to religious sites thus arrive at a place that has been specifically designated sacred and therefore set apart, but while the place may be fixed geographically, its meanings commonly are not. Classifying a space brings it into existence as place, and this classification is regularly driven by the forces of commodification linked to tourism; it is also often contested between religious adherents and less spiritually inclined tourists and at times even within different tourist constituencies. Since human intervention is a precondition in any construction of place, sacred tourist destinations are based on mutually reinforcing relationships, and the tourists and pilgrims that seek sacred sites each play significant roles in creating, maintaining, or contesting a place’s identity. “Religious-based tourism,” “tourism to sacred places,” and “religious or spiritual tourism” each carry different connotations. While religious and spiritual tourism indicate tours undertaken solely or mainly for faith-based reasons, “religious-based tourism” acknowledges that tourists are not homogenous; those tourists whose main aim is recreational can still be religious adherents, nonreligious tourists are still usually visiting a sacred place because of its purported numinous qualities, and those whose primary goal is religious can still evince behavior typically associated with tourism. “Tourism to sacred places” or “sacred tourism” allows the flexibility to include hallowed places that are either formally religious or not. Indeed, sites of secular pilgrimage continue to proliferate wherein “pilgrim” is used indistinguishably from “tourist” because of the mixture of secular and sacred at the site itself as well as the diverse motivations of the people who journey there. A spatial examination of tourism to sacred sites must thus consider the spatial dynamics of the motivations and actions of people within a commodified and contested place that draws tourists, pilgrims, and the many who are both.


Nuncius ◽  
2019 ◽  
Vol 34 (1) ◽  
pp. 99-127 ◽  
Author(s):  
Catalina Valdés ◽  
Magdalena Montalbán

Abstract The purpose of this article is to study the images included in the report made by the U.S. Navy Astronomical Expedition in the Southern Hemisphere between 1849 and 1852, directed by Navy lieutenant and astronomer James Melville Gilliss (1881–1865). Together with astronomical studies, the expedition addressed different aspects of the natural and social history of the Republic of Chile setting down in six volumes a pioneering panoramic vision of the young nation. Considering the different aspects of the culture of printing as it developed in the main cities of the United States in the mid nineteenth century, this article proposes general reflections concerning the impetus given in this field by scientific expeditions. In the specific case of Gilliss’s Naval Astronomical Expedition, this impulse manifests itself in terms of the technological renewal and the prestige of the lithographers taking part in the publication. This contrasts with the subsequent scarce success of Gilliss’s volumes – the books came close to being ignored – both in the United States and in Chile.


Author(s):  
Erik Mathisen

Though the fusion of loyalty and citizenship in Civil War America proved short lived, the mark that it left on the republic would endure. While former Confederates would benefit from the uncoupling of loyalty from citizenship by the later decades of the nineteenth century, the treason at the heart of the Civil War and the collective memory of that conflict would live on every time a politician waved the memory of the war before the electorate in a bid for votes. The national state would experience a hollowing out of its wartime powers in the decades that followed the Civil War, but the experience of Reconstruction would set the nation against individual states. And for more than a century after the war, former slaves and their descendants bore the hardship and galling discrimination in the nation’s military, to prove and prove again their allegiance to the United States through their service as soldiers in war.


2009 ◽  
Author(s):  
Manuel Plana

This book offers a summary overview of Mexico as an independent nation up to the present day, addressing the various aspects of its political, economic and social history. It deals with the crisis of the Republic, from the independence of Texas up to the war with the United States (1846-1848) and the advent of the Empire of the Habsburg Archduke, Maximilian I (1864-1867), the transformations of the late nineteenth century and the causes and phases of the 1910 revolution. It also addresses the difficulties inherent in the construction of the post-revolutionary State, in a context of political stability in the course of the twentieth century that diverged from the evolution of other continental countries.


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