A political discussion at Abel Brawn's shop. Abel's views of the Sub-Treasury. Important communication made by Theodore Fog. The New Lights take ground against the banks. The Hon. Middleton Flam resigns the Presidency of the Copperplate Bank. Snuffers aspires to the succession. [181]
CHAPTER XIV.
Letter from a Cabinet officer to Mr. Flam. Directions to the Democracy. The Cabinet officer's mode of producing an impression. The President's determination in regard to the Independent Treasury. Warning to deserters. Candidates for Mr. Flam's place in the bank. Hardbottle elected. Theodore Fog's outbreak. He cools down and stands upon principle. Hardbottle unpopular. [194]
CHAPTER XV.
Unhappy event in the life of Nicodemus Handy. Consternation at Quodlibet. Disasters among the Directors. Explosion of the bank. Conversation between Theodore Fog and Mr. Grant. Fog's views of the question of distress. Compliment to Jesse Ferret. [201]
CHAPTER XVI.
A rapid review of one year. What the author is compelled to pretermit. The President's "Sober Secondthought" message received at Quodlibet with great rejoicing. The author communes with his reader touching New-Light principles. Illustrations of them. Remarkable dexterity of the Secretary. Interesting letter from the Hon. Middleton Flam. Dawning of the Presidential Canvass. The Northern man with Southern principles, and his mannikin. [214]
CHAPTER XVII.
Fourth Era. The Hon. Middleton Flam re-elected. The New Lights determine to stigmatize the Whigs as Federalists. Mr. Flam's instructions in regard to the Presidential Canvass. Nomination of Harrison and Tyler. Course of the New Lights. Formation of the Grand Central Committee of Unflinching New-Light Quodlibetarian Democrats. Its President, Secretary, and place of meeting. [225]