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
On the 21st, Duane appeared at the White House and left his written
decision with Jackson personally. It is a letter of many words,
evidently prepared for publication. After asserting that the Secretary
of the Treasury is, by the terms of the charter, the sole custodian of
the public funds, he finally reached his reasons for refusing to “carry
your directions into effect.” It would be a “breach of public faith,”
would appear as “vindictive and arbitrary,” and “if the Bank has abused
or perverted its powers, the judiciary are able and willing to punish.”
The House of Representatives had declared the funds safe, and, if
anything had happened since its report, “the representatives of the
people, chosen since your appeal to them in your veto message, will in a
few weeks assemble.” Again, “a change to local and irresponsible banks
will tend to shake public confidence,” and “it is not sound policy to
foster local banks.” And so on with other reasons, including the charge
that “persons and presses known to be in the confidence and pay of the
Administration” had tried to intimidate him. There could be no
misunderstanding of the purpose of the letter. It was written in a
spirit bitterly hostile to the Administration, and in the hope of
serving the moneyed institution and having the service rewarded.[657]
Having thus insulted the President, he withdrew his promise of July to
resign if unable to meet his chief’s views, and carefully pointed out
that Jackson had the power of dismissal. Here was a martyr zealously
seeking the cross.
Public-domain text, read in full here on John Shaqi.
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