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 Hamilton called upon him at his hotel in New York, he found him
obsessed with the subject. When the son of the father of the first
National Bank joined him in the presidential suite to accompany him to
the banquet, Jackson placed in his hands papers by several people urging
the removal of the deposits, with the request that he examine them
carefully and give him an opinion. Promising a careful perusal, Hamilton
ventured the suggestion that the proposed step was “a very questionable
one” that would “lead to great disturbances in commercial affairs.”[620]
Meanwhile, when alone with Van Buren, the President was discussing the
project with him to his keen distress.[621] Throughout the tour, sick or
well, Jackson found time to work on the Vice-President and favorite, and
when, at Concord, he finally won him over to the plan, the frail old man
abandoned the tour and hastened back to Washington to begin a new
battle.[622] And Adams, learning of the curtailment of the trip, wrote
that “President Jackson has been obliged by the feeble state of his
health to give up the remainder of his tour.”[623] Just how feeble
Jackson was we shall soon see.
II
It is impossible definitely to determine the time Jackson decided on the
removal of the deposits. The activity of the Bank in the presidential
campaign had not been lost upon him, and he probably had it under
consideration at that time. The historian of the Bank is convinced that
such was the case.[624] Immediately after the election these rumors
multiplied, and Biddle was deluged with warnings, but without disturbing
the sublime serenity of his conceit. The autocrat of the Bank was
satisfied that the Calhoun following would thereafter be arrayed in
favor of the recharter. About this time Dr. Thomas Cooper, then
president of the College of South Carolina and one of the intellectual
leaders of Nullification, wrote him of his allegiance to the cause.[625]
Blair had already charged, in the “Globe,” that there was a coalition
between the forces of Clay, Calhoun, and Biddle, and made much of the
fact that more Bank stock was owned in South Carolina than in all the
other States of the Union south of the Potomac and west of the Alleghany
Mountains.[626] The Democratic disaffection, together with the temporary
alliance between Jackson and Webster, was quite enough to restore
confidence to the ever sanguine Biddle,[627] who took no pains to
conceal his satisfaction. This was water on the wheel of Blair, who,
Iago-like, and always at Jackson’s elbow, kept impressing him with the
idea that the Bank planned and expected an ultimate triumph. In this
work he was ably seconded by Amos Kendall and James A. Hamilton, who
wrote from New York that “a gentleman whose knowledge of the views of
the U.S. Bank is only second to that of its President” had informed him
that it expected to get a new charter.[628] It was firmly believed by
Amos Kendall that the Bank’s purpose in adding $28,000,000 to its
Public-domain text, read in full here on John Shaqi.
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