PDF Ebook A Nation Wholly Free: The Elimination of the National Debt in the Age of Jackson, by Carl Lane
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A Nation Wholly Free: The Elimination of the National Debt in the Age of Jackson, by Carl Lane
PDF Ebook A Nation Wholly Free: The Elimination of the National Debt in the Age of Jackson, by Carl Lane
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Review
Publishers Weekly (Starred Review) Historian Lane delivers a superbly written exploration of a narrow subject in the fading past, making it feel surprisingly relevant to modern readers. Paying off the national debt, a topic that’s at the center of passionate debate today, similarly roiled the political scene 175 years ago. Lane describes how, under vastly different conditions, Andrew Jackson and his administration vowed to completely eliminate the national debt by 1835. They succeeded, but in the process were forced to bow to ideology and political pressure, killing the Second Bank of the U.S. and unwisely distributing surplus federal funds to state banks rather than using the money for infrastructure development. The result, according to the author, was the crash of 1837—America’s first great financial crisis. Lane brings life to the dry topics of debt, tariffs, taxes, and banks, and he’s not above calling participants to account when he thinks criticism is warranted. His only error is holding figures of the past to today’s standards. Otherwise, this is first-rate history rendered with unusual clarity and verve.
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About the Author
CARL LANE is professor of history at Felician College in New Jersey. He received his Ph.D. in history from the Graduate Center of the City University of New York. His articles have appeared in William and Mary Quarterly, Virginia Magazine of History and Biography, and other publications. His article “The Elimination of the National Debt in 1835 and the Meaning of Jacksonian Democracy†in Essays in Economic and Business History won that journal’s James Soltow Award. He and his wife live in Montclair, New Jersey.
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Product details
Hardcover: 288 pages
Publisher: Westholme Publishing; 1 edition (November 11, 2014)
Language: English
ISBN-10: 1594162093
ISBN-13: 978-1594162091
Product Dimensions:
6.1 x 1 x 9 inches
Shipping Weight: 1.2 pounds (View shipping rates and policies)
Average Customer Review:
4.6 out of 5 stars
8 customer reviews
Amazon Best Sellers Rank:
#1,983,265 in Books (See Top 100 in Books)
This terrific book proves that brilliant historians don't all come out of Harvard and Yale. Carl Lane, professor of history at Felician College in New Jersey, has taken seemingly unrelated controversies of the Jacksonian Era and unified them under one theoretical umbrella - namely that all of them were intimately connected by President Andrew Jackson's single-minded drive to eliminate that national debt by 1835. Unlike the turgid prose of most academics, Dr. Lane's writing is clear and straightforward.If you want to know how in the world the sale of public lands, high protective tariffs, the Nullification Crisis (scary preview of the Civil War) and Jackson's attack on the Bank of the United States could ever be related, pick up and enjoy "A Nation Wholly Free."
This book takes a close look at a nearly forgotten incident in American History: the nation's struggle to pay off the enormous debt from the American Revolution and the War of 1812, and the party politics that the success of this effort spawned. Highly recommended if you are interested in the Jacksonian Age or the history of the National Debt.
This book should be required reading for all political leaders including our President and every member of congress!!!!!!
I have yet to read it, however, after my other readings, this is definitely next in line. The interest that people should take on this particular topic, would be very enlightening, and with the history course I just took, it was the main topic that came to mind on the establishment of this country. Book is in excellent condition and looks great in my library already. Showed up right on time and as expected. Great job bookbyte.
An amazing book - and with many lessons for 2014 and the years ahead.Bravo, Carl!
I am always impress when an author picks out a specific point of time to focus on the lessons learned. Too many history books cover a broad subject matter and gloss over the events but not this one. This books single focus is the describe what the politics were that lead up to the nation being debt free and it quickly fades into the events that put us into debt once and for all. I'm not sure I agree with the author's politics that the country appears to be reducing the debt but the book is a very interesting and quick read. I highly recommend it !!!
A very interesting book on the payment of the national debt during the administration of Andrew Jackson. But that led to the polarization of the political system and the debate over the proper role of the federal government and the place of debt in the financial system of the nation.It lasted a mere two years before we had to borrow money again to finance the operation of the federal government. So what good did it do?We citizens need to ponder that question during this year, because our current national debt is far larger than the one the Jackson administration paid off in 1835.Terry Jennrich
Once upon a time in America, our nation was free of debt. It lasted for two years and ten months. Carl Lane tells the story of how this happened in his book titled, A Nation Wholly Free. You’ll be interested to learn that one consequence of the achievement of this milestone was our polarization into two oppositional political parties, divided on how to deal with surplus government funds, and what the proper role is for our central government. Sound familiar? Any reader interested in American history and economics should consider reading this book.Rating: Four-star (I like it)
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