Letters and Literary Memorials of Samuel J. Tilden, v. 1 — John Shaqi
Letters and Literary Memorials of Samuel J. Tilden, v. 1Tilden, Samuel J. (Samuel Jones)
History
Letters and Literary Memorials of Samuel J. Tilden, v. 1
Tilden, Samuel J. (Samuel Jones)
Tilden, Samuel J. (Samuel Jones), 1814-1886
President Harrison died just one month after his inauguration, a
casualty from which the Whig party never fully recovered. To the
Congress which convened in extra session May 31, 1841, President Tyler
intimated his desire that the members of that body should request
a plan for a national bank from Mr. Ewing, then Secretary of the
Treasury. In pursuance of the resolutions for this purpose adopted
by both Houses, Mr. Ewing sent in a bill for the incorporation of
the "Fiscal Bank of the United States," the essential features of
which were framed in accordance with the President's suggestions. The
bill passed Congress August 6, with a clause concerning branch banks
differing from Mr. Ewing's, which was vetoed by the President. The
letter from Mr. Tilden which follows was a criticism of this bill, and
probably had something to do with its untimely fate.
It does not appear from the copy to whom this letter was addressed by
Mr. Tilden, but it was probably to Senator Wright.
Congress subsequently passed another bill intended to meet the
objections of President Tyler. He concluded he could not approve it
without inconsistency, and therefore vetoed that bill also, by which
act he alienated the United States Bank wing of the Whig party to such
an extent as to make many friends among the party of the opposition. It
is to that phase of that absorbing bank issue at Washington that Mr.
Tilden refers in the succeeding letter to Mr. Nelson J. Waterbury, then
a very earnest, active, and intelligent Democratic politician, a few
years Mr. Tilden's junior.
TO MR NELSON J. WATERBURY
"NEW LEBANON, _September 11, 1841_.
"MY DEAR WATERBURY,--On a flying visit of a few hours, which I made to
the city some two weeks ago, I received your letter, but I was so busy
in running about the country that I did not get a chance to answer it.
"You judge rightly as to my sympathy with your sentiments and action
in regard to the veto. Our line of duty is plain. While we render
to Tyler liberal credit for every good act he does, and sustain
every right measure which he proposes, and defend him against the
unjust and unconstitutional attacks of the Whigs, we cannot give
his administration an unqualified support, or commit ourselves in
favor of his re-election. So far, we agree with him only on the bank
question--and there as to _act_ of the veto, not as to its reasons,
which are qualified and hesitating, and mingled with crudities and
unsoundness; while as to the other questions--some of which are of
great, if not equal, importance--we differ from him. If his course had
been less objectionable we ought still to keep ourselves uncommitted
as to the succession. We cannot enter into a bargain of office for
measures. Whatever he does right, he must do spontaneously, and we will
freely and heartily support, leaving the future to take care of itself.
Public-domain text, read in full here on John Shaqi.
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