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music and politics

I have a song I am working on some references and would like to see if anyone has any ideas.

here is a verse from a campaign song titled, Breckinridge & Lane, 1860

"Old Wigwag the great Financier
had many good advisers
'who found at last, without a tear,
he was mong the outsiders."

For starters I have found out that wig wags can refer to old fashioned rail road crossing signs. I don't think that would be the reference here but perhaps! I also found a reference to a Forward/reverse switch on motors that take it in two directions. That sounds more likely to me. Any ideas, and any ideas on who they are talking about?

another vs. "The friends of William, King of York," I suspect this can only be William H. Seward U.S. N.Y. senator. Agree or disagree?

another vs has this "the squatter King should join with us, against the nation's foemen, instead of kicking up a fuss, bout n*g*ers mongst our yeomen."
any idea who the squatter King was? Or the reference?

and the last "The Lane is long which has no turn, and though foes beset us fiercely, We'll Foster principles that live, and march straight on to victory."

I think I have that one. Foster I think is a reference to the music composer and I suspect that he wrote the words even though there is no writer so credited with it. Foster was a northern but was opposed to abolition, if I recall correctly his father was a democrat.

anyway if anyone can help or just like to respond thanks.

curtis payne

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