A Compilation of the Messages and Papers of the Presidents. Volume 3, part 1: Andrew Jackson (Second Term)
History
A Compilation of the Messages and Papers of the Presidents. Volume 3, part 1: Andrew Jackson (Second Term)
Jackson, Andrew, 1767-1845; Presidents -- United States; United States -- History -- Sources; United States -- Politics and government
This effort to thwart the Government in the payment of the public debt
that it might retain the public money to be used for their private
interests, palliated by pretenses notoriously unfounded and insincere,
would have justified the instant withdrawal of the public deposits.
The negotiation itself rendered doubtful the ability of the bank to meet
the demands of the Treasury, and the misrepresentations by which it was
attempted to be justified proved that no reliance could be placed upon
its allegations.
If the question of a removal of the deposits presented itself to the
Executive in the same attitude that it appeared before the House of
Representatives at their last session, their resolution in relation to
the safety of the deposits would be entitled to more weight, although
the decision of the question of removal has been confided by law to
another department of the Government. But the question now occurs
attended by other circumstances and new disclosures of the most serious
import. It is true that in the message of the President which produced
this inquiry and resolution on the part of the House of Representatives
it was his object to obtain the aid of that body in making a thorough
examination into the conduct and condition of the bank and its branches
in order to enable the executive department to decide whether the public
money was longer safe in its hands. The limited power of the Secretary
of the Treasury over the subject disabled him from making the
investigation as fully and satisfactorily as it could be done by a
committee of the House of Representatives, and hence the President
desired the assistance of Congress to obtain for the Treasury Department
a full knowledge of all the facts which were necessary to guide his
judgment. But it was not his purpose, as the language of his message
will show, to ask the representatives of the people to assume a
responsibility which did not belong to them and relieve the executive
branch of the Government from the duty which the law had imposed upon
it. It is due to the President that his object in that proceeding should
be distinctly understood, and that he should acquit himself of all
suspicion of seeking to escape from the performance of his own duties or
of desiring to interpose another body between himself and the people in
order to avoid a measure which he is called upon to meet. But although
as an act of justice to himself he disclaims any design of soliciting
the opinion of the House of Representatives in relation to his own
duties in order to shelter himself from responsibility under the
sanction of their counsel, yet he is at all times ready to listen to
the suggestions of the representatives of the people, whether given
voluntarily or upon solicitation, and to consider them with the profound
respect to which all will admit that they are justly entitled. Whatever
may be the consequences, however, to himself, he must finally form his
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account