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The moderen Balaam and his ass. An American cartoon placing the blame for the panic of 1837 and the perilous state of the banking system on outgoing president Andrew Jackson, shown riding a donkey in its cartoon debut as the symbol of the Democratic Party
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The moderen Balaam and his ass. An American cartoon placing the blame for the panic of 1837 and the perilous state of the banking system on outgoing president Andrew Jackson, shown riding a donkey in its cartoon debut as the symbol of the Democratic Party
CARTOON: PANIC OF 1837.
The moderen Balaam and his ass. An American cartoon placing the blame for the panic of 1837 and the perilous state of the banking system on outgoing president Andrew Jackson, shown riding a donkey in its cartoon debut as the symbol of the Democratic Party
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Media ID 7785135
1837 Andrew Bank Panic Commerce Crisis Democratic Party Depression Finance Jackson Martin Political Acts Van Buren Whip Balaam
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EDITORS COMMENTS
The print titled "The Modern Balaam and his Ass" is a powerful American cartoon that captures the essence of the Panic of 1837 and criticizes outgoing president Andrew Jackson for the perilous state of the banking system. In this thought-provoking image, Jackson is depicted riding a donkey, which makes its debut as the symbol of the Democratic Party. Symbolically, Jackson represents modern-day Balaam, a biblical figure known for his greed and arrogance. The donkey he rides signifies both his association with the Democratic Party and serves as a metaphor for their perceived role in causing economic turmoil. With whip in hand, Jackson appears to be urging on this financial crisis while ignoring its consequences. This artwork reflects not only an era marred by financial depression but also highlights political acts that contributed to it. The artist's intention seems clear: to place blame squarely on President Jackson for his policies that led to bank panic and ultimately resulted in widespread suffering across America. As we examine this historical artifact today, it reminds us of how intertwined politics and finance can be. It serves as a reminder that leaders must exercise caution when making decisions affecting our economy. This image continues to resonate with viewers even after centuries have passed since its creation, reminding us of our responsibility to learn from history's mistakes.
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