Upon this the South Carolinian Convention repealed its ordinance
nullifying the Tariff, and agreed to the collection of the duties now
imposed. It followed this concession by another ordinance nullifying the
Force Bill. The practical effect of this was nil, for there was no
longer anything to enforce. It was none the less important. It meant
that South Carolina declined to abandon the weapon of Nullification.
Indeed, it might plausibly be urged that that weapon had justified
itself by success. It had been defended as a protection against extreme
oppression, and the extreme oppression complained of had actually ceased
in consequence of its use. At any rate, the effect was certainly to
strengthen rather than to weaken extreme particularism in the South. On
this point Jackson saw further than Clay or any of his contemporaries.
While all America was rejoicing over the peaceful end of what had looked
like an ugly civil quarrel, the President was writing to a friend and
supporter: "You have Nullifiers amongst you. Frown upon them.... The
Tariff was a mere excuse and a Southern Confederacy the real object.
_The next excuse will be the Negro or Slavery Question._"
The controversy with the Nullifiers had exhibited Jackson's patriotism
and force of character in a strong and popular light, but it had lost
him what support he could still count upon among the politicians.
Calhoun was now leagued with Clay and Webster, and the "front bench" men
(as we should call them) were a united phalanx of opposition. It is
characteristic of his courage that in face of such a situation Jackson
ventured to challenge the richest and most powerful corporation in
America.
The first United States Bank set up by Alexander Hamilton as part of his
scheme for creating a powerful governing class in America was, as we
have seen, swept away by the democratic reaction which Jefferson led to
victory. The second, springing out of the financial embarrassments which
followed the war with Great Britain, had been granted a charter of
twenty years which had now nearly expired. The renewal of that charter
seemed, however, to those who directed the operations of the Bank and to
those who were deep in the politics of Washington, a mere matter of
course.
Public-domain text, read in full here on John Shaqi.
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