“It was a great embarrassment to Buchanan and continues to be one to American historians, who in writing of these suspenseful last months of his administration must trouble to understand and explain what “acceptances” and Indian-trust bonds were. These economic details, though properly reminding us that our Manifest Destiny had a shaky and overextended financial underside, and that personal gain is the prime American mover, are a considerable headache to non-Marxians like myself. Yet the scandal... was momentous at the time and cannot be isolated from the struggle within Buchanan’s Cabinet, for it heightened the fever and clangor and finally compelled Buchanan to request the Virginian’s resignation, though he was too cowardly or kind-hearted to do it himself, asking his fellow Pennsylvanian, Attorney General Jeremiah Black, to do it instead. Black refused, and then JB asked Breckinridge, who did approach his kinsman Floyd, who—but I get ahead of my story, thanks to the muddling Floyd, who kept a diary, by the way.MoreLessRead More Read Less
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