Should a merchant in New York City receive a substantially different rate of interest than the merchant in Maryland or Georgia or any other state? A merchant must have choices to find the best rate and contract terms for his business. A system of single state banks divided by state lines will inevitably lead to DECENTRALIZED BLOAT and INEFFICIENCY. Should a trader in New Jersey wish to search for a better rate or terms, he must be free to find it. A national bank promotes such a search.
Adam Smith, The man who explored the CAUSES of WEALTH OF NATIONS taught us that competition leads to EFFICIENCY and PROSPERITY. Opponents of a national bank are opponents of competition.
A national bank provides for COMPETITION in each state, preventing any state from being DOMINATED by any one state or local bank.
Opponents towards the idea of NATIONAL BANK state that a national bank would destroy regional banks. These opponents sow seeds of fear with their UNFOUNDED RHETORIC. A national bank would ensure that a planter in North Carolina has a choice in his bank.
Having fought a war to create one new nation, shall we now falter in the establishment of our BANKING SYSTEM? Having founded one nation, shall we divide our nation into a fractioned plurality of banks with no bank to unify the planter in South Carolina with the manufacturer in Pennsylvania with the merchantman of New York?
In an auction of the Maryland Gazette to the Public, the newspaper popular around Maryland has been purchased by Massachusetts National Democrat Albert Hannover, who has stated he "plans to use the paper to spread news around the nation and promote the National Democrat philosophy further south." While tensions between the ND party and the Federalists are still high from the schism, it is predicted that the two will be forced to form a coalition in order to maintain a majority in the House.
Nation's Elections begin for 2nd Congress
In what will prove to be the first elections for the new-found National Democracy Party, the 1790 elections are also steaming up over other issues. The Republican Party, facing a major blow in the loss of the Terrus family from their ranks, hope to claim control of the House from a weakened Federalist Party in the aftermath of the F-ND schism. While the South is largely Republican, with few Federalist or National Democracy seats, the north will prove to be a hotbed of close races, as not only Federalists and National Democrats compete, but prominent Republicans in the north also try to pry power from the pro-administration parties in the north. In the end, this election will prove to be critical for the future of this young nation.
Bank Debate Rises Again
Although the first bill for a National Bank was defeated in Congress, it seems the Federalist Party is not yet ready to call it quits. Submitting a revamped version of a national bank, they are fighting in Congress to push for its approval. Son of former Republican Party Chair, Jack Terrus, has even motioned to suspend the rules and vote on the National Bank immediately, citing the need for a stable financial system in a new nation. While the Republican party still staunchly opposes the bill, both Federalists and their step-son, the National Democrats, both support the bill. In the end, the bill is still highly controversial and could prove to be fatal in deciding the course of the new nation.
Administrator of CiL
"King of the British Empire, at least in game"
GOVERNOR HOWARD DESERVES ELECTION OVER CHALLENGER PLATER
Maryland's legislators are blessed with a bountiful choice between two widely-praised and well-regarded candidates for Governor. Our current Governor, JOHN EAGER HOWARD, has a proud history of service to our state and nation. He GAVE HIS BLOOD IN THE FIELD OF BATTLE, after being pierced by a bayonet. He has served as our Governor for several years now. He received a medal of honor from Congress in recognition of his bravery and gallantry in service of these United States. PRESIDENT WASHINGTON even desired to select him as Secretary of War, which Governor Howard did not accept so that he might more directly serve Maryland.
The challenger, GEORGE PLATER, is a man of good reputation, although not as widely recognized. He did not receive a medal of honor from Congress, although, very few men have been so honored. He served in the Continental Congress and as a state senator. He was also chosen as Presidential Elector, and that is where I find that Maryland's legislators must side with the Governor over the challenger. As a Presidential Elector, George Plater DID NOT VOTE.
Mr. Plater, while a good and noble man by all accounts, NEGLECTED TO FULFILL HIS DUTY as a Presidential Elector and cast his vote for General Washington. It is for this reason that I give the advantage to our sitting Governor, and believe that our state legislature, which ultimately selects the Governor, should do the same.
To those who would prefer the Governor and have the means to communicate with your delegate to the state legislature, your prompt consideration and INFLUENCE UPON YOUR DELEGATE TO VOTE FOR JOHN HOWARD FOR GOVERNOR again is highly recommended. We must call upon our delegates to cast the proper vote for Governor.
Thaddeus Steward, Representative to Congress from Maryland
Uriah Forrest should be elected to the United States Congress as a Representative from Maryland. Uriah Forrest has a long history of sacrifice to our nation. In our war for Independence, Mr. Uriah Forrest LOST HIS LEG AT THE BATTLE OF GERMANTOWN. This amazing sacrifice must not be overlooked and must count as a great credit that such a man would consider to sully himself in the world of politics.
Uriah Forrest is a man who understands the vital shipping and planting trades, of the most high importance in Maryland, through running a tobacco export business in the town of George. The growth and sale of tobacco provides our fledgling nation with critical international commerce and currency, representing the fine wares of our new nation in Europe. Uriah Forrest's COMMERCIAL ENDEAVORS HELP OUR NATION, not just his purse.
A man who would devote himself to the business of a international commerce understands the demands of a broad range of subjects and will represent us well at the capitol. It is due to his SACRIFICE AND SOUND ECONOMIC ACUMEN that I will be voting for Uriah Forrest and I urge you all to consider doing the same.
Thaddeus Steward, Representative to Congress from Maryland