Democratic senator Nathaniel P. Tallmadge of New York was the leader of the conservative or pro-Bank Democrats. Here Clay satirizes Tallmadge's attempts to undermine party support for Van Buren's hard money fiscal agenda, whose cornerstone was his independent treasury program. The cartoon most likely dates from September 1837, when a coalition of Loco Foco and moderate Democrats robbed the conservative wing of the party of much of its support. Tallmadge appears here in the character of the Yankee militia officer "Joe Bunker," from James Hackett's comic play, "Down East, or the Militia Muster." He marches toward the right where a group of men rally beneath a "Madisonian" banner. (The "Madisonian" was a newspaper advocating the soft-money or...