The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-03-15

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before The moral and political ravaees which have been
committed wall, fear, cease to be dscernbIe Gene
raj JacksoDs ambition make his administration
an era in the history Of the American Governments and
he has accomplished that object OF his ambition but
trust that will be an era to be shunned a. sad and "a
inevitable, and followed and initiated as suppying
sound maxims snd principles Of administration =
have heard his hostility TO banks ascribed 10 some
collision which he bad with OF them during the late
war; at the city Of New Orleans and II is possible that
may have had come influence upon ismind. The inn
mediate cause, more probably the refusal Of that
peryerse and unaceominodatlng gentleman. Nick Bid
die, to turn out Of the Office Of President Of the New
Hampshire branch Of the Bank Of the United States, at
the instance Of his Excellency Isaac Hill 10 the
Of 1929, that giant Ike person, Jeremiah Masongant
IN body, and giant in mind War and strife, endless
war and sirie personal national foreign domestic,
were The sliment Of the late Presidents existence.
war against the bank, war against France, and strife
and contention with countless number Of individuals.
The wars with Black Hawk and the Seminoles were
scarcely luncheon for his yoracious appetite And he
made he exit from public life, denonncDg war and ven
geance against Mexico and the State banks.
My acquaintance with that extraordinary man COM
menced 10 this CITY, in the fall OF 1915 1916 II was
short but highly respectful aud mutually cordial be-
he'll IN him the gallant and successful general who, by
the glorious victory Of New Orleans had honorably clo
sed the second war Of our Independence, and paid him
the homage due to that eminent service few wears
after it became my painful duty animadyert in the
House OF Representatives with tbs independence which
belongs to the representative character, upon of
his proceedings in the conduct Of the Seminole war,
which thought illegal and contrary TO the constitution
and the law Of nations. non-intercourse between
ensued which continued until the fall Of 1924 when he
being member Of the Senate, accommodation be-
tween was sought TO be brought about by the prnc
pal part Of the delegation from his own State For that
purpose, wero invited 10 dine with them at Caxons
clearinghouse, on Capitol Hill, where my venerable
friend from Tennessee [Mr. Whte] and his colleague
on the Spanish commission, were both present. re-
tired early from dinner and followed TO the door by
General Jackson and the present minister Of the United
States at the court Of Madrid They earnestly pressed
me TO take seat with them 10 their carriage My
faithful servant and friend, Charles standing at the
door, waiting for me- with my own, yielded to their
urgent pollteness, directed Charles to follow with my
carriage, and they sat me down al my own door We
aftdfward frequently met with mutual respect and
diay; dned several times together aud reeprocated
the hospitality of retrospective quarters. This friendly
intercourse continued until the election, in the House of
Representatives, of President of the United States
in February, 1925. gave the vote which, in
the contingency that happened told my colleague,
[Mr. CHtenden1 who sits before me- prior TO my de-
partrre from Kentucky, in November, 1924 and told
others, that should give All intercourse ceased be-
tween General Jackson and myself We have never
SINCE except accidentally exchanged situations,
nor met except on occasions when we were performing
the last offices toward deceased members of Congress
or other officers of Government, Immediately after
my vote, rancorous war was commenced against me,
aud all the barking let loose upon snail not
trace it during its years batter continuance. But
thank my God that stand here, firm and erect, unbent
unbroken, unsubdued, unawed ready to denounce the
mischevous measures OF his administration, and ready
to denounce this its legitimate offspring the most per-
nicious OF them all.
His administration consisted Of succession OF as
founding measures which fell on the public like
peated bursts Of loud and appalling thunder Before
the reyerberaons OF peal had ceased another and
another came, louder and louder and more terrifying.
M hnr Iyna ypICa Vpfal Ifttnfr
ffightful eruptions OF burning lava. Before
cold aud crused before the voices Of the Inhabitants OF
buried villages and cities hushed IN eternal silence,
another more desolatlng, yonited FORTH extending
wider and wider the circle of death and destruction
Mr.. President, this unnecessary DEPRESSION The
personal character of such chief have been de-
scbng his passions, his propensites the character of
Of his mind, should be all thoroughly studied to
prehend clearly his measures and his administration
But will proceed to more direct and strict proofs
Of nv second and third propositions. That he was re-
solved break down the Bank Of the United States, is
proven by the citations from his messages which
| have made TO exhibit his purpose TO establish Trea
sury bank, is proven by his veto message, and by the
fact that he did destroy IT, The against all other
banks not originally announced because he wished
the State Banks to be auxiarics in overthrowng the
Bank of the United States and because such an an
nunciaon would have been too rash and shocking upon
the people of the United States for his tremendous
influence. 1t was necessary to proceed in the work
with caution and to begin with that institution against
which could be embodied the greatest amount Of pre-
JUDGE The refusal to re-charter the Bank of the
United States followed by determination to re-
move from its custody the public money OF the United
States That determination first whispered in this
place, denied, again minated and finally in Septe-
Der, 1888, executed. The agitation OF the American
public which ensued, the and animated discus
in the country and in Congress, TO which that
constitutional measure gave rise all fresh
collection II necessary to quiet the public mind
and to reconcile the people to what had been done, be-
fore President jackson seriously entered upon his
of hostility to the State Banks. At the com
mencemcnt of the session Of Congress in 1894 he
imagined sufficient calm had been produced, and in
his annual message Of that year. the upon the State
Banks opened. In that message he says
at seems due to the safety of the public funds
naming in that bank and the honor Of the American
people, that be taken TO separate the govern
ment entirely from institution mschievous to the
public prosperity, and regardless OF the Constitution
and laws. BY transferring the public depostes by APP
pointing other pension agents. far bad the power
by ordering the dIscontnuance Of the receipt OF bank
checks in payment Of the public dues after the first day
Of January next the Executive has exered all its lawful
authority the connection between the govern
ment aud this iaithess corporation.
In this quotation it will be that the FIRST germe
is contained of that separation and divorce OF the GO
vernment from banks, which has recently made such
conspicuous figure II relates, it is true, TO the late
Bank of the United States and he speaks Of separating
and severing the connection between the government
and that institution But the idea, developed was
easily susceptible of application TO all banking nsti'n-
tons In the message Of the succeeding year. his me-
dtated attack upon the State Banks distinctly
disclosed Speaking Of a sound currency ne says:
"In considering the means of obtaining important
an end that is, sound currency) must set aside
all calculations Of temporary convenience, and be IN
huenced by those only that harmony with the true
character and permanent interests oil the republic we