I think the villain of our story is now Senator James Gunn.
He was a big man, and a vulgar bully with a quick temper, who cheated
the citizens of George out millions of dollars, when a million was
the equivalent of today's 12 billions. And when Gunn complained about
“dishonorable interference of some of my associates”, the
associate he was referring to was his fellow Senator from Georgia,
James Jackson. That makes Jackson the hero of this story. But if the
truth be told – and that is my goal, here – the personalities of
Senator Jackson and Senator Gunn were not all that different. They
were both rich and arrogant men. And they were both hotheads, known
to fight duels over issues of “honor”. In fact the only real
difference between Jackson and Gunn, was that Jackson was nominally
fighting for the rich people of Georgia, and Gunn was fighting for rich
people everywhere.
Gunn started off by offering his 'associate' a bribe. The ever dutiful Supreme Court justice James
Wilson approached Senator Jackson with the promise of half a million
acres of prime Yazoo lands, in exchange for his support, or at least
his silence on the Yazoo swamp-land sale. Senator Jackson replied
that he had fought the Revolution for the people of Georgia, and “the
land was theirs, and the property of future generations” At least
that was what Senator Jackson said he said. But Jackson knew what he
was facing. As another observer noted, there was “nothing is going
on here but land speculation...by northern sharks, together with a
few Georgians who only act as lackeys.”
Jackson immediately knew he needed
allies. In February of 1795 President George Washington sent a copy
of the Yazoo land sale to Congress, and suggested it violated a
treaty his administration had signed with the Indians. Not that
Washington was looking to protect native American claims to the land
they were living on. Washington just wanted the Federal government to be
responsible for moving them off. And Senator Jackson helpfully
offered a bill authorizing Washington to negotiate a treaty to do
just that. Like I said, the good guys and the bad guys in most
situations, are not all that different, personality wise. Its who
profits from their actions that matters.
As word of the bribery and the low sale
price leaked out, the public outrage exploded. On 28 March, 1795, the
Augusta Chronicle newspaper called the sale “a hellish fraud”. Inspired, an
organized mob marched the 30 miles from Augusta to the capital
of Louisville, intent upon lynching the Yazoo Gang - those members of
the legislature who had voted for the sale. All of the gang still in Louisville ran for the hills, and the 'Augustinians' were
reduced to hanging them in effigy. In fact every member of the Yazoo
Gang state wide was forced into hiding. Some had their homes burned.
A few who were caught were beaten, a few tared and feathered and run
out of town on fence rails. Some were shot at. One legislator, so the
story goes, was even tracked down hiding in Virginia, where he was
lynched - and not in effigy.
Jackson thought about resigning his
seat in the U.S. Senate to fight the sale, but Gunn's rehearsed
process preceded so quickly that it was over before Jackson could
move. The depressed Jackson wrote to a friend, “I have really a
good mind to...turn speculator...There is a damn sight more to be got
by it” But after being encouraged by the uproar in Georgia, he took heart again, resigned from the Federal Senate, returned home and began writing anonymous
letters to the newspapers attacking the sale.
“The enormous gain of the
speculator,” wrote Senator Jackson, “and the magical conversion
of funds of the state into the funds of the individual” were
destroying peoples' faith in their government. He told the citizens of
Georgia that “It remains to you to decide whether you will nip
this aristocratic influence in the bud, or leave it to be torn up by
your children...thus rendering them subservient to the base and
servile passions of a few Nabobs…Patience and moderation are no
longer virtues, but the most infamous offices, and will be detested,
with their owners, as the sycophants of a venal day.”
Grand juries were convened throughout
the state to investigate the bribery and attempted bribery of their
local representatives. Most towns held public meetings to denounce
the sale. The general population was up in arms because since 1780
Georgia had followed the “head rights rule”, under which each head
of a family had the right to 200 acres of unclaimed land, plus fifty
acres per family member. With land ownership came the right to vote,
and a rise in social status. The truth was the vast majority of
Georgia's hoi polli would never take advantage of the head right
rule. It required investment in an ax, a cow or goats or pigs, and
some equipment, which not that many people had the funds to buy. And
even with that investment, starting a head right farm meant clearing
unclaimed land, which was back breaking work, and dangerous, and most
who tried it failed. But in 1795 owning land was the American dream.
And the Yazoo Gang had bought that dream, and cheaply at that.
This push and pull between the “haves”
and the “want to be haves”, was resulting in the first political
split in the American republic. Along with slavery, it was the
original wound in America, and both are scars that we keep reopening
because we continue to treat
them as “absolutes”; i.e.. we call them the “haves” and the
“have nots”. George Washington and Alexander Hamilton, who were both land speculators, favored a strong central government, and
called themselves Federalists. Thomas Jefferson, another land
speculator, favored a weaker federal government, and his allies
called themselves Democrats. Senator Gunn, when he had a political
philosophy, was a Federalists. Senator Jackson called himself a Democrat. But those labels had very little to do with
what had happened and what was about to happen in Georgia. Gunn was
an arrogant selfish hothead, and Jackson was an arrogant slightly
less selfish hothead. The battle was between these two men who hated
each other, not between doctrines.
The citizens of Georgia had already
decided they needed a new Constitution, to match the new Federal one,
but their constitutional convention which began on 3 May 3, 1795, was apoplectic
over the Yazoo sale. The delegates could do little more than move the capital
to Augusta, demand an investigation into the Yazoo sale, and then
exhausted, adorned. Jackson won election to the Georgia
Assembly in the fall of 1795. In fact, in that election, all but two
of the Yazoo Gang were voted out of office. The voters had spoken. In
fact, the Yazoo Gang greatly strengthened the argument for universal
suffrage. It turned out property owners were just as venal and prone
to human failings as people who did not own property.
It was a spirit loose in the air, even in the heart of English
minister and poet like Christopher Anstey. Ten years earlier this
gentle man had been moved to write a long poem he called
“Speculation”. “Whatever wild fantastic Dreams, Give Birth to
Man's outrageous Schemes, Pursu'd without the least Pretence, To
Virtue, Honesty, or Sense, Whate'er the wretched basely dare, From
Pride, Ambition, or Despair, Fraud, Luxury, or Dissipation, Assumes
the Name of—Speculation.” There was very little in Dr. Anstey's
poem, written a decade before the French revolution, which does not
apply to today's To-Big-Too-Fail bankers and hedge fund speculators.
Once in office, the new “Reform” Georgia Assembly would waste
little time in dealing with the Yazoo gang. And that would open a
whole new box of trouble, greed and lawyers.
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