Presidents -- United States -- Messages; United States -- Politics and government -- Sources
congenial to the character of republicans than all the legislation
which has yet been attempted.
To this subject I feel that I can not too earnestly invite the special
attention of Congress, without the exercise of whose authority the
opportunity to accomplish so much public good must pass unimproved.
Deeply impressed with its vital importance, the Executive has taken all
the steps within his constitutional power to guard the public revenue
and defeat the expectation which the Bank of the United States indulged
of renewing and perpetuating its monopoly on the ground of its
necessity as a fiscal agent and as affording a sounder currency than
could be obtained without such an institution.
In the performance of this duty much responsibility was incurred which
would have been gladly avoided if the stake which the public had in the
question could have been otherwise preserved. Although clothed with the
legal authority and supported by precedent, I was aware that there was
in the act of the removal of the deposits a liability to excite that
sensitiveness to Executive power which it is characteristic and the
duty of free men to indulge; but I relied on this feeling also,
directed by patriotism and intelligence, to vindicate the conduct which
in the end would appear to have been called for by the interests of my
country. The apprehensions natural to this feeling that there may have
been a desire, through the instrumentality of that measure, to extend
the Executive influence, or that it may have been prompted by motives
not sufficiently free from ambition, were not over-looked. Under the
operation of our institutions the public servant who is called on to
take a step of high responsibility should feel in the freedom which
gives rise to such apprehensions his highest security. When unfounded
the attention which they arouse and the discussions they excite deprive
those who indulge them of the power to do harm; when just they but
hasten the certainty with which the great body of our citizens never
fail to repel an attempt to procure the sanction to any exercise of
power inconsistent with the jealous maintenance of their rights.
Under such convictions, and entertaining no doubt that my
constitutional obligations demanded the steps which were taken in
reference to the removal of the deposits, it was impossible for me to
be deterred from the path of duty by a fear that my motives could be
misjudged or that political prejudices could defeat the just
consideration of the merits of my conduct. The result has shewn how
safe is this reliance upon the patriotic temper and enlightened
discernment of the people. That measure has now been before them and
has stood the test of all the severe analysis which its general
importance, the interests it affected, and the apprehensions it excited
were calculated to produce, and it now remains for Congress to consider
what legislation has become necessary in consequence.
Public-domain text, read in full here on John Shaqi.
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