After being inaugurated into the position on November 6, 1857, his first order of business was banks and their possible suspension of payments. Brown was an avid opposer of banks, only supporting banks on the sole condition that they remain local with no national control. In 1857, the country was hit with a wave of depression causing hardships on banks as they could no longer afford to make the necessary payments. Georgia, at the time, had a law penalizing banks for overdue payments. Brown’s predecessor had been lenient on the banks, brushing the violations under the rug. But Brown considered the law imperative and declared his intentions to make the banks for their failures. The banks quickly turned to the legislative body for dire aid. In response, the first session of the legislature under Brown’s administration introduced and passed a bill that would temporarily suspend payments for a year, giving relief to the banks of Georgia. Brown vetoed it. He had always condemned all efforts to make the banks more powerful. The legislative body did not agree with Brown’s sentiments, however, and the bill rendered enough votes to pass despite the veto. However, Brown possessed remarkable political skill and rhetoric and used the Suspension Act as an example of a larger issue of government feeding power and money to a few while leeching out of the pockets
After being inaugurated into the position on November 6, 1857, his first order of business was banks and their possible suspension of payments. Brown was an avid opposer of banks, only supporting banks on the sole condition that they remain local with no national control. In 1857, the country was hit with a wave of depression causing hardships on banks as they could no longer afford to make the necessary payments. Georgia, at the time, had a law penalizing banks for overdue payments. Brown’s predecessor had been lenient on the banks, brushing the violations under the rug. But Brown considered the law imperative and declared his intentions to make the banks for their failures. The banks quickly turned to the legislative body for dire aid. In response, the first session of the legislature under Brown’s administration introduced and passed a bill that would temporarily suspend payments for a year, giving relief to the banks of Georgia. Brown vetoed it. He had always condemned all efforts to make the banks more powerful. The legislative body did not agree with Brown’s sentiments, however, and the bill rendered enough votes to pass despite the veto. However, Brown possessed remarkable political skill and rhetoric and used the Suspension Act as an example of a larger issue of government feeding power and money to a few while leeching out of the pockets