Inquiry Into the Origin and Course of Political Parties in the United StatesVan Buren, Martin
History
Inquiry Into the Origin and Course of Political Parties in the United States
Van Buren, Martin
Political parties -- United States
If the supporters of the bank had been willing to judge the President by
the claim of power under the Constitution which he intended to advance
in his veto message, there would have been a perfect accord of opinion
between him and their great leader in the debate upon that document, and
one disturbing element would have been withdrawn from the severe
agitation to which the public mind was exposed. But this course neither
suited the interest of the bank, nor would it have comported with the
excited feelings of the implacable enemies of the President. Matters had
worked to their liking. By forcing the bill through the two Houses at
the eve of the struggle for the President's reëlection, and thus
compelling him either to sign or to encounter the responsibility of
defeating it, they felt that they had involved the great opponent of the
bank,--the only man whose power with the people they really dreaded--in
toils from which his escape would be impossible. They were engaged in
framing an issue with President Jackson and the Democratic party,
looking at that time only to the defeat of his reëlection but which was
in 1834 so extended as to involve consequences second only in their
importance to those of our struggle for independence from the mother
country,--an issue, which was to decide whether the control by the
people in affairs of government, the fruit of that great contest, should
be continued, or be made to give place to a government controlled by the
money power of the country, the trial of which continued much longer
than that of the Revolution, and the ultimate results of which were the
extinguishment of the bank and the first direct overthrow of the
Democratic party since its accession to power in 1800. Able to count
their votes in both Houses, and certain of a majority in each, the
leading friends of the bank reserved their greatest efforts for the
discussion of the veto, the interposition of which they understood the
man they had to contend with too well to doubt.
Public-domain text, read in full here on John Shaqi.
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