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
The fight began over the reference of the Taney report and Polk’s motion
that it be referred to his committee. In explaining his reasons the
latter avowed a purpose to investigate the Bank, and the forces rushed
into action. “Why investigate,” cried McDuffie, “when admissions would
be made without an investigation?” Had Bank money been used in the
campaign? Admitted! “State your sum,” he shouted, “fifty, sixty, or a
hundred thousand.” The Congress had named a depository for the public
money; it had been removed; it must be restored--that was the subject
for debate.[738] Binney immediately arose to supplement McDuffie’s
suggestion. “What is the object of the inquiry asked for?” he demanded.
“Is it to suggest reasons for the Secretary’s act ...? If you bring in
other facts, other judgments, other reasons, you annul the judgment of
the Secretary, agree that it was wrong, and assume to exercise an
original instead of a derivative power.” If Taney had acted on
sufficient reasons, “it was for the House, on behalf of the people, to
pronounce their judgment; and if they were sufficient, then there was an
end to the question.” More: “What knowledge have we of the condition of
the banks selected by the Government?”
The State banks not safe? Polk retorted. Very well, “this constitutes
one of the chief objects of the investigation proposed.” A “question of
public faith?” as Binney had hinted. “Is it not proper, then,” asked
Polk, “for a committee ... to inquire by which party the contract was
violated?” And only to inquire into the sufficiency of Taney’s reasons?
Why, “some of the reasons given may involve the charter of the
Bank.”[739]
After a week of wrangling, the Administration won on the reference, but
the moment the vote was announced, McDuffie moved instructions to the
committee to report a joint resolution providing for the depositing of
all revenues thereafter collected in the Bank of the United States--and
this was the peg on which the main discussion hung.
Public-domain text, read in full here on John Shaqi.
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