USA I Take The Responsibility 1834 

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USA I Take The Responsibility 1834 - Image 2
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USA I Take The Responsibility 1834
USA I Take The Responsibility 1834
USA I Take The Responsibility 1834
USA I Take The Responsibility 1834USA I Take The Responsibility 1834

Catalogue information

LastDodo number
5071165
Area
Tokens / Medals
Title
USA I Take The Responsibility 1834
Type
Token coins
Publisher
Robinson's Jones & Co.
Value
0,01 dollar
Country
Verenigde Staten
Year
1834
Collection / set
Hard times tokens
Material
Copper
Weight
Variety / overstrike
Obverse
I TAKE THE * RESPONSIBILITY * H
Reverse
THE CONSTITUTION . AS I UNDERSTAND IT . ROMAN FIRMNESS . LLD (on donkey) . VETO (below donkey)
Privy mark
Mint mark
Designer
Engraver
Hulseman, Edward
Dimensions / Diameter
29 mm
Number
HT70
Details
Hard Times tokens were issued privately when banks suspended payments and would no longer issue coins in change. - The token shows President Andrew Jackson coming out of a money chest holding a money bag and a sword wearing a royal military uniform. - This satire says it is bad for the executive government to control both the treasury and the army. - Also, since President Jackson was not a good speaker and poorly educated, he was sometimes portrayed as a jackass, especially when Harvard gave him an honorary LL.D degree. - "I take the responsibility" is what Jackson said after he put the funds of the US Bank into 25 state “pet" banks. - His explanation was "THE CONSITITUTION AS I UNDERSTAND IT ..." - ROMAN FIRMNESS was a taunt to describe him, at the time. - The word "VETO" below the Jackass referred to his veto of the Third Bank of the United States.