pecie payments
in 1815, 262;
on Jefferson's proposal to issue paper money, 264;
his success a vindication of Federalist finance, 266;
opinion of services of second national bank, 266;
declines offer of secretaryship in 1816, 266, 267;
urges Madison to restore specie payment, 267;
declines position as president of Bank of United States in 1822, 268;
prepares statement of relative value of gold and silver, 268;
writes "Considerations on Currency and Banking," 268;
advocates use of specie and limited use of paper money, 268;
accepts presidency of National Bank of New York, 269;
his opinion of Jackson, 270;
his bank involved in panic of 1837, 272;
conducts resumption, 273;
chairman of committee of banks, 273;
submits reports, 275;
declines presidency of Bank of Commerce, 276;
resigns presidency of National Bank, 277;
publishes "Suggestions on Banks and Currency," 277;
condemns paper money, 277;
declines offer of Treasury Department from Tyler, 278;
in the cabinet, agrees with Republican leaders on all points except
bank, 279, 280;
prepares circular announcing disregard of party in appointments, 281;
and condemning political influence of officials, 281;
his policy opposed by Jefferson, 282;
obliged to follow cabinet in policy of partisan appointments, 282;
advises early preparation for campaign of 1804, 283;
wishes States divided into election districts, 283;
criticises annual messages of Jefferson, 283;
his proposal to appoint a woman to office condemned by Jefferson, 283;
suggests in vain regular cabinet consultations, 283, 284;
urges payment of tribute to Tripoli rather than war, 284;
opinion asked on points of constitutional law, 284;
holds inherent right of United States to acquire territory, 285;
disapproves of Texas annexation, 285;
advises Jefferson concerning Louisiana treaty, 285, 286;
attacked by Duane, for not turning out Federalists, 286;
absence of favoritism in his appointments, 286, 287;
supervises sale of lands, 287;
acquaintance with Choteau, 278;
drafts promise of protection for Astor's fur trade, 288;
opposes vainly Jefferson's gunboat scheme, 289;
submits plan of defense against England, 289;
urges moderate tone in message, 290;
devises scheme of internal improvements, 290;
doubts success of a National University, 291;
opposes a permanent embargo, 291;
prepares Campbell's report urging resistan
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