This false charge by the proponents of Central Banking is an intentional historical misreading of Presidents Jackson’s successful effort to maintain America’s financial independence. A private banking system maintained our independence to a great degree for about a hundred years.
“President Andrew Jackson, for example, was caught transferring taxpayer money out of federal coffers and investing it into private banks that were owned by his campaign donors.”
Total dis-information of the purpose, and reality of the Jackson-Biddle feud.
posted on 11/06/2011 8:46:24 AM PST
I'm not sure whom to root for in the Andrew Jackson vs. Nicholas Biddle feud (perhaps neither of them), but Biddle's great-grandson Anthony Joseph Drexel Biddle, Sr., 1874-1948, served in the US Marines in WWI and reached the rank of at least Lt. Col. His book Do or Die: A Supplementary Manuel on Individual Combat was reprinted as recently as 1994 and may still be in use. His son, Maj. Gen. Anthony Joseph Drexel Biddle, Jr., 1897-1961, was a U.S. diplomat and is buried in Arlington National Cemetery.
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