United States -- History -- 1815-1861; United States -- Politics and government -- 1815-1861
Secretary Taney, afterward Chief Justice, to whose legal opinions,
therefore, great respect must be paid, {281} contended that Congress
itself could not have caused the removal of the deposits without
violating the contract with the Bank, as expressed in the Bank's
charter, and that the Secretary of the Treasury alone was exempted
from this obligation by the provisions of the contract. The Secretary
alone, he said, could, therefore, act for the welfare of the people in
the matter, and by the oath which he had sworn upon the Constitution
he must so act. He declared it to be his conviction that the public
welfare would suffer by his continuing to deposit the funds of the
Government in the Bank and its branches, and that he felt, therefore,
in duty bound to make the order discontinuing the same.
[Sidenote: The Senate's censure of the President and Secretary of the
Treasury.]
The Senate, however, took a different view of the subject. It
considered the act of the Secretary to have been done under the order
of the President, and in condemnatory resolutions held the President
responsible therefor. These resolutions of censure connected the
Secretary with the President, however, by declaring the reasons
offered by the Secretary for the change in regard to the deposits to
be "unsatisfactory and insufficient." The President made a vigorous
protest against the Senate's resolution charging him with usurpation,
and flung the accusation back at the body. He certainly showed that
the Senate had no constitutional power to make any such charge against
the President; and Senator Benton immediately gave notice that he
should move the expunging of the resolutions from the journal at every
session of Congress until it should be accomplished.
[Sidenote: National Republicans take the name of Whigs.]
It was in the midst of this conflict, and in consequence of it, a
conflict in principle between the legislative and executive
departments of the Government, in regard to the extent of their
respective powers, that Mr. James Watson {282} Webb, the editor of the
_New York Courier and Enquirer_, began, about February, 1834, to
denominate, in his newspaper articles, the opposition party to the
President, led by Mr. Clay, Whigs. This title signified opposition to
high executive prerogative, and approval of strong Congressional
control over the President. The name was gradually substituted for
that of National Republicans, as the different members and factions of
the party came together upon the principle involved in the name.
[Sidenote: The cardinal doctrine of the Whigs.]
Public-domain text, read in full here on John Shaqi.
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