The party battles of the Jackson periodBowers, Claude G. (Claude Gernade)
History
The party battles of the Jackson period
Bowers, Claude G. (Claude Gernade)
Jackson, Andrew, 1767-1845; United States -- Politics and government -- 1829-1837
When Congress met, Jackson had concluded to postpone his fight on the
Bank. Three reasons entered into the decision--the friendliness of his
Secretary of the Treasury to the institution, the realization that a
majority in Congress favored the recharter, and the fear that a contest
during the session would throw the tremendous weight of the Bank’s
influence against him in the election. Most of his advisers, including
Benton, were anxious to postpone the contest. Just as Biddle had thought
that time would operate to the advantage of the institution, Benton was
confident that it would work to its detriment, and he wished to
strengthen the anti-Bank lines in the Senate and to have Van Buren in
the chair when the contest came. McLane’s pronouncedly pro-Bank report
had deeply embarrassed the President’s supporters. Creating indignation
in some quarters, consternation in others, Jackson hastened to explain
it away in a letter to Hamilton; but just how he persuaded himself that
the views of the report did “not express any opposition to those
entertained by myself,” is not clear.[441]
The Bank supporters had eagerly seized upon the McLane report, and Webb,
of the “New York Courier and Enquirer,” now deserting the Administration
on the Bank question, commented glowingly upon its author and his views.
That this was gall and wormwood to Jackson and his intimates is evident
in the correspondence which passed between them. “The article ... was
calculated if Blair had replied, to do McLane irreparable injury in a
political point of view, because it might have brought him and the
President into seeming collision,” wrote Major Lewis to Hamilton.[442]
And all this time, McLane, who was one of Hamilton’s correspondents, was
frankly admitting to the latter that he had “most earnestly urged Mr.
Clay not to attempt to pass a Bank bill at this session, insisting that,
if deferred to the next session, he was satisfied that he could, by that
time, induce Jackson to approve it”; but that Clay had “persisted in the
hope, that if the President approved the bill, he would lose the support
of those of his party who had approved his opposition to the Bank, and a
vast many others who approved of the State Bank system.” Or, on the
other hand, “if the President vetoed the bill, he would lose
Pennsylvania and his election.”[443] Thus it is clear enough, that if
Jackson could have determined, the Bank would not have been an issue in
1832.
Public-domain text, read in full here on John Shaqi.
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