(from The First Tycoon; The Epic Life of Cornelius Vanderbilt by T.J. Stiles)
". . . The Bank War spun American politics in a centrifuge, concentrating the two impulses of the day into distinct parties. On one side were (Andrew) Jackson's followers, the Democratic Party - or the Democracy, as they called it - the party of individual equality and limited government. Under the slogan "Jackson, Commerce, and Our Country," they celebrated a market economy of real persons and republican simplicity. In opposition arose the Whigs, who were more trusting in the beneficial role of active government. At the time, the division between the two seemed as natural as a canyon. The Democrats had emerged out of the resistance to the eighteenth-century patricians and their culture of deference, out of battles against the limited franchise, aristocratic privileges, and mercantilist monopolies. Though their elected leaders often would make use of government's economic power, the most radical among them . . . championed laissez-faire as their definition of equal rights. . . "
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