What is the author describing here? what gave rise to the economic conditions he pictures, and what is his opinion of what was taking place? what does baldwin feel to be the main problem highlighted by these activities? on whom does he place the blame?
• who was the "jupiter tonans of the white house" to whom the author calls attention? what action did this individual take to stop the abuses and what resulted? from the way it was described, what was the author's opinion of the action taken by this jupiter tonans, and, considering what you have read in your text, would the author have been a whig or a democrat? in either case, what element (or branch or faction) of that party does he seem to support? what was the result of the action taken by jupiter tonans?
• historian bray hammond, in his study of american banking, described the jacksonian program as "one of enterpriser against capitalist, of banker against regulation." how does the account by baldwin correspond with hammond's theory? how might it be possible that the jacksonian program both created and ended the situation described here?