The Reign of Andrew Jackson: A Chronicle of the Frontier in PoliticsOgg, Frederic Austin
History
The Reign of Andrew Jackson: A Chronicle of the Frontier in Politics
Ogg, Frederic Austin
Jackson, Andrew, 1767-1845; United States -- Politics and government -- 1829-1837
Realizing that defeat or even a slender victory in Congress would be
fatal, the Bank flooded Washington with lobbyists, and Biddle himself
appeared upon the scene to lead the fight. The measure was carried by
safe majorities--in the Senate, on the 11th of June, by a vote of 28 to
20, and in the House on the 3d of July, by a vote of 107 to 86. To the
dismay of the bank forces, although it ought not to have been to their
surprise, Jackson was as good as his word. On the 10th of July the bill
was vetoed. The veto message as transmitted to the Senate was probably
written by Taney, but the ideas were Jackson's--ideas which, so far as
they relate to finance and banking operations, have been properly
characterized as "in the main beneath contempt." The message, however,
was intended as a campaign document, and as such it showed great
ingenuity. It attacked the Bank as a monopoly, a "hydra of corruption,"
and an instrumentality of federal encroachment on the rights of the
States, and in a score of ways appealed to the popular distrust of
capitalistic institutions. The message acquired importance, too, from
the President's extraordinary claim to the right of judging both the
constitutionality and the expediency of proposed legislation,
independently of Congress and the Courts.
The veto plunged the Senate into days of acrid debate. Clay pronounced
Jackson's construction of the veto power "irreconcilable with the
genius of representative government." Webster declared that
responsibility for the ruin of the Bank and for the disasters that
might follow would have to be borne by the President alone. Benton and
other prominent members, however, painted Jackson as the savior of his
country; and the second vote of 22 to 19 yielded a narrower majority
for the bill than the first had done. Thus the measure perished.
The bank men received the veto with equanimity. They professed to
believe that the balderdash in which the message abounded would make
converts for their side; they even printed thirty thousand copies of
the document for circulation. Events, however, did not sustain their
optimism. In the ensuing campaign the Bank became, by its own choice,
the leading issue. The National Republicans, whose nominee was Clay,
defended the institution and attacked the veto; the Jacksonians
reiterated on the stump every charge and argument that their leader had
taught them. The verdict was decisive. Jackson received 219 and Clay 49
electoral votes.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account