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John C. Calhoun

John C. Calhoun, by Mathew Brady, 1849

“A power has risen up in the government greater than the people themselves, consisting of many and various and powerful interests, combined into one mass, and held together by the cohesive power of the vast surplus in the banks.”

John Calhoun, in a speech (May 27, 1836); this is the source of the phrase, “Cohesive power of public plunder.”

By: Redactor

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