on, a disposition was
manifested by political men to interfere with the management of the
bank. Members of Congress undertook to nominate or recommend individuals
as directors in the branches or offices of the bank. They were kind
enough, sometimes, to make out whole lists, or tickets, and to send them
to Philadelphia, containing the names of those whose appointments would
be satisfactory to General Jackson's friends. Portions of the
correspondence on these subjects have been published in some of the
voluminous reports and other documents connected with the bank, but
perhaps have not been generally heeded or noticed. At first, the bank
merely declined, as gently as possible, complying with these and similar
requests. But like applications began to show themselves from many
quarters, and a very marked case arose as early as June, 1829. Certain
members of the Legislature of New Hampshire applied for a change in the
presidency of the branch which was established in that State. A member
of the Senate of the United States wrote both to the president of the
bank and to the Secretary of the Treasury, strongly recommending a
change, and in his letter to the Secretary hinting very distinctly at
political considerations as the ground of the movement. Other officers
in the service of the government took an interest in the matter, and
urged a change; and the Secretary himself wrote to the bank, suggesting
and recommending it. The time had come, then, for the bank to take its
position. It did take it; and, in my judgment, if it had not acted as it
did act, not only would those who had the care of it have been most
highly censurable, but a claim would have been yielded to, entirely
inconsistent with a government of laws, and subversive of the very
foundations of republicanism.
A long correspondence between the Secretary of the Treasury and the
president of the bank ensued. The directors determined that they would
not surrender either their rights or their duties to the control or
supervision of the executive government. They said they had never
appointed directors of their branches on political grounds, and they
would not remove them on such grounds. They had avoided politics. They
had sought for men of business, capacity, fidelity, and experience in
the management of pecuniary concerns. They owed duties, they said, to
the government, which they meant to perform, faithfully and impartially,
under all administrations; and they owed d
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