Category: Anglophile Panic
- The "Tory" Gold in the U.S.
This theory held that Britain and lingering Tory interests were secretly financing Federalist politics and banking institutions in the early United States in order to re-colonize the republic by financial means. In its strongest form, the Bank and the Federalist program were portrayed as a stealth reconstruction of British monarchy and creditor power inside the new nation. The documented record clearly shows that Federalists were widely accused by opponents of pro-British sympathies and that banking politics in the early republic generated intense conspiracy language. What remains unproven is the specific claim of a hidden British gold stream financing the party as an operational recolonization project.