The Forgotten Man, and Other EssaysSumner, William Graham
Science
The Forgotten Man, and Other Essays
Sumner, William Graham
Economics; Social sciences
It commenced its career as a party by a great blunder--an act which
was recognized as such immediately afterwards--and that was the effort
to re-charter the Bank in 1832. It had been the strongest answer of
the Bank to Jackson’s early attacks that its charter did not expire
until March 3, 1836, that he had forced the issue of a re-charter on
the country six and a half years before the time, and that he had
nothing to do with the re-charter unless he assumed that he was to be
reëlected. The National Republican convention was held at Baltimore on
December 12, 1831. Mr. Clay was nominated for President. The petition
for a re-charter was presented January 9, 1832, as a manœuvre in the
campaign. Forthwith the charge of anticipating an exciting question
was turned against the opposition. They were charged with bringing the
Bank into politics, and the Bank was forced into the political campaign
to defend its existence. The re-charter was passed July 4, 1832, and
vetoed July 10. Up to this time there had been plenty of administration
men who favored the Bank. This issue, thus forced by the opposition on
the eve of election, and thus accepted by the President for his own
person, raised Bank on Anti-Bank to a test of political orthodoxy,
and, in the political language of the time, many were forced to “turn
a sharp corner.” The issue was now also Jackson _versus_ the Bank, and
then first did it become apparent to what extent the Jackson party had
gained and how thorough was its devotion. The current party names were
Jackson and Anti-Jackson, and candidates were so designated down to the
lowest town officers. The Whigs protested in vain against the folly of
this. They argued with men who would not argue, and assumed the force
of motives the powerlessness of which was proved by the fact that men
could profess such personal political allegiance. They did not truly
appreciate the democracy in which they lived. They suffered themselves
to be isolated as a body and they lost the proper conservative power
of an opposition by failing to go with the sentiment of the vast
energetic, growing (if you choose to call it so), vulgar democracy.
It is a danger which always besets the conservative party here, whose
members will always be a minority, and will always find much to offend
their refinement in a new community like this. They will always be
tempted to withdraw from contact with it and to gratify their vanity at
the expense of all public influence.
Public-domain text, read in full here on John Shaqi.
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