Rene Bard’s Reviews > The Panic of 1819: Reactions and Policies > Status Update

For this book, the term "conservative" is defined on page 52: "...opposition to [1]fiduciary banking, [2]expansion of paper money, and [3] government interference with the economy."

The other political side supported "stay laws" (granted debtors extra time on defaults and / or req'd banks to accept devalued currency), high appraisal minimums, and replevin orders, etc,