The Albany Regency was a loosely organized group of politicians with similar views and goals who resided in or near Albany, New York, the state capital. They controlled the nominating conventions and patronage of their party within New York State, and by dictating its general policy, exerted a powerful influence in national as well as state politics. They derived their power largely from their personal influence and political sagacity, and were, for the most part, earnest opponents of political corruption, though they uniformly acted upon the principle, first formulated in 1833 by one of their number (Marcy), that "to the victors belong the spoils."[2]
The Regency developed party discipline and originated the control of party conventions through officeholders and others subservient to it. The spoils system they had created would dominate late-19th-century American politics, but in the beginning, observed the technical qualifications of the candidates for office they nominated. Thurlow Weed, who coined the name "Albany Regency", wrote he "had never known a body of men who possessed so much power and used it so well".[3] However, this also may have been intended by Weed to be a disparaging remark.
The Regency ended when Marcy was defeated in the election for Governor of New York by the opposing Whig's candidate William H. Seward in 1838, which led to a radical change in state politics. Also cited as a factor is a bitter factional split in 1848 (see Barnburners) which gave the other party the patronage the Regency used to use against it. The Regency was reduced in a few years to unorganized individuals.[6]
In 1845 Mackenzie published private letters between Jesse Hoyt and various members of the Albany Regency. These letters described negotiations between various members of the Regency for financial transactions and appointments to government office and exposed how members of the Regency were able to profit from speculatory notes and political corruption.[7]