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Stephen Simpson (July 24, 1789 – August 17, 1854) was born in Philadelphia, the son of George Simpson, a prominent Philadelphia banker. During the War of 1812 he fought in the
Battle of New Orleans The Battle of New Orleans was fought on January 8, 1815 between the British Army under Major General Sir Edward Pakenham and the United States Army under Brevet Major General Andrew Jackson, roughly 5 miles (8 km) southeast of the French ...
under General
Andrew Jackson Andrew Jackson (March 15, 1767 – June 8, 1845) was an American lawyer, planter, general, and statesman who served as the seventh president of the United States from 1829 to 1837. Before being elected to the presidency, he gained fame as ...
. Through his father's connections Stephen became a cashier at the
First Bank of the United States First or 1st is the ordinal form of the number one (#1). First or 1st may also refer to: *World record, specifically the first instance of a particular achievement Arts and media Music * 1$T, American rapper, singer-songwriter, DJ, and rec ...
where he soon resigned and went to work at
Stephen Girard Stephen Girard (May 20, 1750 – December 26, 1831; born Étienne Girard) was a naturalized American citizen, philanthropist, and banker of French origin. He singularly saved the U.S. government from financial collapse during the War of 1812 b ...
's bank. Soon after he worked as a writer for a local newspaper where he wrote a series of editorials publicly attacking the First Bank of the United States. He later co-founded the ''Columbian Observer'' where he continued his public attacks on this bank. Simpson later preferred writing over political pursuits and is also noted for his other works which include a dual biography of
George Washington George Washington (February 22, 1732, 1799) was an American military officer, statesman, and Founding Father who served as the first president of the United States from 1789 to 1797. Appointed by the Continental Congress as commander of th ...
and
Thomas Jefferson Thomas Jefferson (April 13, 1743 – July 4, 1826) was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Fathers of the United States, Founding Father who served as the third president of the United States from 18 ...
and another biography critical of prominent Philadelphia banker Girard. Simpson, 1859, pp. 893–895 Simpson's social and political philosophy embraced both conservative and radical ideals. Pessen, 2005, p. 339


Early life

Stephen Simpson was born in
Philadelphia Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sinc ...
,
Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
, on July 24, 1789. He was married to Mary Chaloner Watkins but there is no record about the date of marriage, any children or other related information available. Princeton University archives: Stephen Simpson Letters to His Wife 1813–1829 His father, George Simpson (1759–1832) had been an assistant commissary-general in the American Revolution and had a career in banking. Stephen's father held successively important positions in the
Bank of North America The Bank of North America was the first chartered bank in the United States, and served as the country's first ''de facto'' central bank. Chartered by the Congress of the Confederation on May 26, 1781, and opened in Philadelphia on January 7, 17 ...
chartered by the Confederation Congress, the Bank of the United States and in the
Girard Bank Girard Bank was a Philadelphia-based bank founded after the death of Stephen Girard in 1831 by local merchants eager to trade on the sterling reputation of their namesake. Stephen Girard neither founded the bank, nor had any financial ties to th ...
of Philadelphia. Stephen gained a keen understanding of how the banks operated and of their many abuses from his father. Stephen's younger brother Henry, was a member of the Pennsylvania State legislature, and later wrote a book, ''The lives of eminent Philadelphians, now deceased'', 1859, which includes short biographies of his older brother Stephen and his father George. As a young man Simpson was given a position through his father as a note clerk in the First Bank of the United States, from which he later voluntarily resigned in contempt when he learned of the questionable ways in which they conducted their affairs. Like his father, he then went to work for Stephen's bank, which financed and made possible America's involvement in the
War of 1812 The War of 1812 (18 June 1812 – 17 February 1815) was fought by the United States of America and its indigenous allies against the United Kingdom and its allies in British North America, with limited participation by Spain in Florida. It bega ...
.


Military service

On January 8, 1815, Simpson and older brother George Jr., who was an officer, both fought in the
Battle of New Orleans The Battle of New Orleans was fought on January 8, 1815 between the British Army under Major General Sir Edward Pakenham and the United States Army under Brevet Major General Andrew Jackson, roughly 5 miles (8 km) southeast of the French ...
during the War of 1812. Simpson had volunteered for battle and served with distinction, serving under General Andrew Jackson in the only company in which any men were killed. While away from home, his wife resided with his father in Philadelphia where he corresponded and wrote some fifteen letters to her, sent from the various cities where he was stationed. Many of his letters were lengthy and contained detailed information of the places he passed through, making numerous references to military life and its operations. He described New Orleans, its houses, the "Carnival Feast" and the impending British attack. In his letter of January 30, 1815, Simpson describes the festivities which occurred after the evacuation of New Orleans by the British troops, and expresses praise for Andrew Jackson.


Professional and political career

On returning to civilian life, Simpson along with his brother-in-law
Tobias Watkins Tobias Watkins (December 12, 1780 – November 14, 1855) was an American physician, editor, writer, educator, and political appointee in the Baltimore-Washington, D.C. area. He played leading roles in early American literary institutions such a ...
, founded '' The Portico ; a Repository of Science and Literature, (1816–1818)'', a monthly periodical based in
Baltimore Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...
, where he functioned as the chief editor and proprietor. The monthly journal was formed to publish the members of a small Baltimore literary society the
Delphian Club The Delphian Club was an early American literary club active between 1816 and 1825. The focal point of Baltimore's literary community, Delphians like John Neal were prodigious authors and editors. The group of mostly lawyers and doctors gath ...
. Simpson, 1859, p. 895 Soon after Simpson began a series of critical columns criticizing the First Bank of the United States which appeared in ''The Aurora'', the voice of the Democratic party in Philadelphia, Holdsworth, Dewey, 1911, p.87 then published by Colonel William Duane. President
Thomas Jefferson Thomas Jefferson (April 13, 1743 – July 4, 1826) was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Fathers of the United States, Founding Father who served as the third president of the United States from 18 ...
credited the ''Aurora'' for its ardent support and his subsequent victory in the election of 1800. Appleton's Cyclopedia of American biography, v2, p. 236 In an editorial dated November 8, 1810, twenty reasons were submitted as to why the National Bank's charter should not be renewed. Emphasis was placed on the fact that two-thirds of the bank's stock was owned by foreigners and that the bank answered largely to British interests. To avoid arrest Simpson's controversial articles were anonymously signed "Brutus", and subsequently attracted much attention and curiosity. The columns were bold, candid and openly hostile attacks upon the management of the Bank, exposing its policy and various practices in intimate detail. To conceal his identity Simpson's letters were secretly dropped at a designated place, where a boy was sent to receive and deliver them to the office of ''The Aurora'' where they would soon appear in print. No one at the ''Columbian Observer'' was aware of any connection with Simpson and the newspaper, save perhaps its editor. Public curiosity grew resulting in speculations everywhere. In his book ''The lives of George Washington and Thomas Jefferson'', 1833, Simpson continued his criticism of the bank, claiming, among other things, that it was "the chief cause of Jefferson's growing dislike of Washington", who supported it, and the "sole" reason why Jefferson hated Alexander Hamilton. Simpson then worked as a journalist on a local newspaper where he wrote a series of editorials publicly attacking the management of the U.S. bank along with its policy and transactions. In 1822, Simpson and associate John Conrad founded the '' Columbian Observer'' (1822–1825), a newspaper whose publication and management was given to
Jesper Harding Jesper Harding (November 5, 1799 – August 21, 1865) was an American publisher in Philadelphia. Early life Harding was born in Philadelphia, Pennsylvania on November 5, 1799, a son of George Harding and Mary (née Hudd) Harding. His father w ...
. Through the ''Observer'' Simpson continued his letters of " Brutus" criticizing the U.S. Bank. His style of writing along with his frank and openly hostile manner were once again evident, no different than in his former articles. Simpson made no further attempt to conceal the fact that 'Stephen Simpson' was indeed the author of the original articles published by ''The Aurora''. Once again public curiosity grew. Through the ''Observer'' Simpson also voiced his support for the policies of Andrew Jackson. The National Cyclopaedia of American Biography . . ., 1907, p. 543 Even before Jackson was nominated a presidential candidate by the Tennessee legislature, Simpson, along with Stephen Duane, editor of the ''Aurora'', had already begun lending their support for Jackson as a presidential candidate. Some historians have assumed Simpson's support of General Jackson was based on their mutual distrust of banks, as well as his admiration for a man and a general which he served under during the War of 1812. Simpson considered Jackson to be the greatest man in America. Simpson along with
Robert Dale Owen Robert Dale Owen (7 November 1801 – 24 June 1877) was a Scottish-born Welsh social reformer who immigrated to the United States in 1825, became a U.S. citizen, and was active in Indiana politics as member of the Democratic Party in the Indian ...
was a party leader and political candidate of The Philadelphia Party, also known as the
Working Men's Party : ''For other organizations with a similar name, see Workingmen's Party (disambiguation).'' The Working Men's Party in New York was a political party founded in April 1829 in New York City. After a promising debut in the fall election of 1829, ...
(1828–1831). Simpson and Owen embraced some of the radical social principles of Thomas Jefferson regarding banks, believing that labor created all wealth and that inequality was caused by excessive ownership of private property and other monopolies. By 1800 most people who worked at common trades, on farms or did other common labor preferred the party of Jefferson and
James Madison James Madison Jr. (March 16, 1751June 28, 1836) was an American statesman, diplomat, and Founding Father. He served as the fourth president of the United States from 1809 to 1817. Madison is hailed as the "Father of the Constitution" for hi ...
over the party of Washington and
Alexander Hamilton Alexander Hamilton (January 11, 1755 or 1757July 12, 1804) was an American military officer, statesman, and Founding Father who served as the first United States secretary of the treasury from 1789 to 1795. Born out of wedlock in Charlest ...
. Pressen, U.S. Dept. of Labor Archives: ''Builders of the Young Republic'' In the Jacksonian period, Working Men's parties arose including associations of farmers, factory workers and city mechanics. Trade unions consisted of skilled artisans organized in their respective craft societies, such as Philadelphia's
cordwainer A cordwainer () is a shoemaker who makes new shoes from new leather. The cordwainer's trade can be contrasted with the cobbler's trade, according to a tradition in Britain that restricted cobblers to repairing shoes. This usage distinction is ...
s, hatters and carpenters. These various organizations were America's first labor movement. They were often led by men who had not themselves been workers; Simpson was one of these. The "Workies" sought universal male suffrage, free public education, and protection from debtor imprisonment. They opposed compulsory service in the militia and competition from prison contract labor. Like others who had been successful Working Men's Party candidates, Simpson in his 1830 race for Congress also ran on another ticket. In his case, having broken with Jackson for not giving him a post in the administration, he ran as a Federalist. After losing, Simpson founded a new paper in 1831, the Pennsylvania Whig, devoted to the Whig party, attacking the abuses of the Jackson administration and supporting the
Second Bank of the United States The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836.. The Bank's formal name, ac ...
. When the First Bank of the United States charter expired in 1811, Stephen Girard, after selling various foreign assets, bought up the controlling interests of the bank and opened his own bank in the same building in Philadelphia. It was through this bank that the War of 1812 was largely funded. Simpson's father George was the head cashier in Girard's bank and while there he arranged employment for his son Stephen. In 1831 when Stephen's father died, he did not receive his father's position as expected. Subsequently, Girard was maligned by a disappointed Simpson in his book, ''Biography of Stephen Girard'', a work attacking Girard and his various involvements with his bank, released within three months after Girard's death. Many questionable claims made about Girard can be traced to this book, considered by some to be written by an ungrateful employee who distorted and overstated issues involving Girard .


Social and political philosophy

Simpson embraced a combination of both conservative and radical ideas in his social and political philosophy. He generally disliked banks because of the paper money they issued, regarding it as among the fundamental reasons for the workers' degradation, maintaining that banking enabled the rich to "extort labor upon their own terms of bare subsistence", that banks "levied a tax directly upon every commodity produced by labour; which tax became immediately absorbed into the pocket of the capitalists". Simpson believed that all working men had a natural right to education in a democratic society, "where every man is an elector". He felt that public education was not in force, primarily because the rich were opposed to the idea of an educated subordinate class, that the wealthy preferred the working class be kept ignorant, and hence easier to control. He maintained that an educated working class could better represent themselves as a class, especially at the ballot box. In 18th and 19th century America these ideals were also embraced by Jefferson and other notables. Simpson held a contempt for
Malthusianism Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point of triggering a population die off. This event, c ...
, widely respected in its day for its conservative social dicta and regarded it as a superfluous attempt to justify social exploitation and inequality. He viewed it as "a singular infatuation prevailing among all modern writers on economy, that the scarcity of food among the laboring people is attributable to excess of population". He maintained this notion to be a fallacy, easily refuted by simply observing the hoarding of resources by the very rich, a fact he believed was "staring them in the face". Simpson maintained that nature was able to provide food and the means of comfort for all of society, and that this advent was hindered and dominated by a selfish few who misused and misappropriated nature's abundance, believing that the vices of man, and not the order of nature, were the cause of hunger,
pauperism Pauperism (Lat. ''pauper'', poor) is poverty or generally the state of being poor, or particularly the condition of being a "pauper", i.e. receiving relief administered under the English Poor Laws. From this, pauperism can also be more generally ...
and social inequality. He believed that labor was the source of all wealth and that social inequality was the end result of private property, generally considered a radical idea in a land greatly given to farming and other free enterprise. Labor radicals like Simpson and contemporaries like Seth Luther took exception to "'the enrichment of the wealthy on the backs of the poor", especially in areas where coerced child labor was involved. Simpson's views are tempered with the consideration that he is not urging the confiscation of wealth by one class from another but advocates a more equitable sharing of the two classes. He saw the distribution of wealth to be more rational and beneficial to all if it were to be determined on a "more equitable ratio" which resulted in human happiness associated with an educated "general competence and as nearly as possible, an equality of the enjoyments of life...happiness must regulate the just value of labor." Simpson advanced these and other theories of political economy in his book ''The Working Man's Manual'', 1831, where he emphasizes the principles of production and labor as being the primary source of wealth and makes inquiries into the principles of public credit, currency, the wages of labor, and the functions of social government in general. In the introduction Simpson dismisses the contemporary conservative writers whom he refers to as "bewildered in the fogs of Gothic institutions", maintaining that social labor policies should be based on "the elucidation of obvious principles, of practical utility or equitable application". Simpson presents the work as a moral essay, not a treatise, on the subject of political economy.


Works

Simpson wrote a number of biographies and other works including a dual biography of George Washington and Thomas Jefferson. * ''The Author's Jewel: Consisting of Essays, Miscellaneous, Literary and Moral'' (1823)
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* ''The Working Man's Manual, a new theory of political economy on the principle of production the source of wealth'' (1831); &nbs
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* ''Biography of Stephen Girard, with His Will Affixed'' (1832); &nbs
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* ''The lives of George Washington and Thomas Jefferson'' (1833); &nbs
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* The readiest reckoner ever invented, for assisting Tradesmen, Merchants, Gentlemen, &c (1855); &nbs
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Final days

Simpson continued in his writings the remainder of his life. He died in Philadelphia on August 17, 1854, at the age of 65.
The National Cyclopaedia of American Biography ''The National Cyclopaedia of American Biography'' is a multi-volume collection of biographical articles and portraits of Americans, published since the 1890s. The primary method of data collection was by sending questionnaires to subjects or the ...
, 1907, p. 543
He is buried in the family vault, at Saint Paul's Church, on South Third Street in Philadelphia.


References


Notes


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Further reading

* Ingraam, Henry Atlee (1896).''The life and character of Stephen Girard ...: mariner and merchant''
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* Platt, John D.R. (1968). ''Full text of "The United States Independent Treasury System'', Washington Division of History, U.S. Office of Archeology and Historic Preservation
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{{DEFAULTSORT:Simpson, Stephen 1789 births 1854 deaths People from Pennsylvania in the War of 1812 American military personnel of the War of 1812 19th-century American writers Journalists from Pennsylvania Writers from Philadelphia