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Updated: June 28, 2025
I could have told him that all our capitalists, merchants and monied men, especially in New England, had shut their purses against our administration, and yet, in spite of these detestable sons of mammon, our governmental machine went steadily on, while we vanquished our enemy by land and by sea; but I did not wish to mortify a civil, friendly man.
These gentlemen possessed their full proportion of that passion, so universally incident to the human frame, the love of power. They had formed such a connection with the monied interest of the kingdom, that no administration could go on without them. Conscious to this circumstance, they had no toleration for a rival, they could "bear no brother near the throne."
He resides in the city of Guatemala, and is known as Don Juan Knight. It is said he is to that country what Huntington and other monied men are to this country. He was born a slave in the State of Alabama. He owns gold mines, large coffee and banana farms, is the second largest dealer in mahogany in the world, owns a bank and pays his employees $200,000 a year.
"I know not, indeed," continued he, "in what estimation you may have been accustomed to hold rank and connection, nor whether you are impressed with a proper sense of their superiority and value; for early prejudices are not easily rooted out, and those who have lived chiefly with monied people, regard even birth itself as unimportant when compared with wealth."
My father was a merchant, one of the notables of my native place, a monied man and ample of means, who died whilst I was yet a child, leaving me much wealth in money and lands and farmhouses.
I do not know whether I have observed in any of my former papers, that my friends Sir ROGER DE COVERLEY and Sir ANDREW FREEPORT are of different principles, the first of them inclined to the landed and the other to the monied interest. This humour is so moderate in each of them, that it proceeds no farther than to an agreeable rallery, which very often diverts the rest of the club.
And alas, we hear no longer the tempests of the great organs and the majestic dolours of plain chant, save at the funerals of the monied classes; for the poor, nothing no choir, no organ, just a handful of prayers, then a few dips of the brush in the holy water stoup, and there is a dead man the more on whom the rain falls, who is carried away.
Monied Interest and I re-entering the carriage first, and being there alone, he intimates to me that the French are 'no go' as a Nation. I ask why? He says, that Reign of Terror of theirs was quite enough. I ventured to inquire whether he remembers anything that preceded said Reign of Terror? He says not particularly.
If he could but procure one or two monied men as partners in the house, the thing was settled. Matters would be snug the property secured. The business must increase.
The confidence of the city was shaken, and the monied men shrank from making advances to a discredited administration. In such a turbid flood had Clarendon to steer the ship of State. It was this general confusion, and the dangers which it threatened, that formed the theme of the King's Speech to Parliament at the opening of the session in March, 1664.
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