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Updated: May 15, 2025
Horace Greeley was actuated by pure humanitarian motives, but such incorporators as Prosper Wetmore, Ulshoeffer, and others were, or had been, notorious in lobbying by bribing bank charters through the New York Legislature. "The New Yorker," Feb. 17, 1838. It was at this identical time, in the panic of 1837, that Astor was phenominally active in profiting from despair.
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