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SIMPSON, Stephen, born in Philadelphia, Pennsylvania, 24 July, 1789; died there, 17 August, 1854. Hisfather, George Simpson (1759-1822), was an assistant commissary-general in the Revolution, one of the chief officers of the Bank of North America, the first bank in the Union, subsequently cashier of the Bank of the United States from its establishment in 1791 till its close in 1811, and then cashier of the Girard bank. These various posts he held during forty years. Through his patriotism and close connection with the finances of the country he was of great service to the government in the war of 1812 by obtaining from moneyed men loans to carry on the contest. The son was a note-clerk in the Bank of the United States, but resigned and soon afterward attacked the bank, its policy and transactions, in a series of able but vindictive articles, signed "Brutus." He then volunteered in the army, and with his brother George, an officer, fought at the battle of New Orleans in the only company in which any men were killed. On his return he became editor and proprietor of "The Portico," and in 1822, with John Conrad, established "The Columbian Observer," a Democratic paper in the interests of Andrew Jackson, also resuming the letters of "Brutus," whose authorship was thus acknowledged, he contributed to periodicals and to the " Philadelphia Book," and wrote a " Life of Stephen Girard " (Philadelphia, 1832).
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