Vol. 42, No. 01
01/01/2026
John Taylor of Caroline vs. the National Bank
AT A GLANCE
• John Taylor championed the preservation of local government under a truly federal system.
• His passion was agriculture, and historian Gordon S. Wood called him “the philosopher of agrarian republicanism.”
• He was a formidable opponent of Hamilton’s National Bank, paper money, and debt.
In 1794, John Taylor of Caroline published a devastating critique of Alexander Hamilton’s financial system — the national bank, paper money, and debt.
Taylor saw these for what they really were: not just policies, but a war on the Constitution itself.
His pamphlet “An Enquiry into the Principles and Tendency of Certain Public Measures” was no mere political tract; it was a systematic demolition of Hamilton’s entire program.
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The full article includes detailed analysis of Massie's legislative strategy, exclusive quotes from the interview, and insider information about upcoming votes.
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