Part 6 (1/2)

The first United States Bank set up by Alexander Hamilton as part of his scheme for creating a powerful governing cla.s.s in America was, as we have seen, swept away by the democratic reaction which Jefferson led to victory. The second, springing out of the financial embarra.s.sments which followed the war with Great Britain, had been granted a charter of twenty years which had now nearly expired. The renewal of that charter seemed, however, to those who directed the operations of the Bank and to those who were deep in the politics of Was.h.i.+ngton, a mere matter of course.

The Bank was immensely powerful and thoroughly unpopular. The antinomy would hardly strike a modern Englishman as odd, but it was anomalous in what was already a thoroughly democratic state. It was powerful because it had on its side the professional politicians, the financiers, the rich of the great cities generally--in fact, what the Press which such people control calls ”the intelligence of the nation.” But it was hated by the people, and it soon appeared that it was hated as bitterly by the President. Writers who sympathize with the plutocratic side in the quarrel had no difficulty in convicting Jackson of a regrettable ignorance of finance. Beyond question he had not that intimate acquaintance with the technique of usury which long use alone can give.

But his instincts in such a matter were as keen and true as the instincts of the populace that supported him. By the mere health of his soul he could smell out the evil of a plutocracy. He knew that the bank was a typical monopoly, and he knew that such monopolies ever grind the faces of the poor and fill politics with corruption. And the corruption with which the Bank was filling America might have been apparent to duller eyes. The curious will find ample evidence in the records of the time, especially in the excuses of the Bank itself, the point at which insolence becomes comic being reached when it was gravely pleaded that loans on easy terms were made to members of Congress because it was in the public interest that such persons should have practical instruction in the principles of banking! Meanwhile everything was done to corner the Press. Journals favourable to the Bank were financed with loans issued on the security of their plant. Papers on the other side were, whenever possible, corrupted by the same method. As for the minor fry of politics, they were of course bought by shoals.

It is seldom that such a policy, pursued with vigour and determination by a body sufficiently wealthy to stick at nothing, fails, to carry a political a.s.sembly. With Congress the Bank was completely successful. A Bill to re-charter that inst.i.tution pa.s.sed House and Senate by large majorities. It was immediately vetoed by the President.

Up to this point, though his private correspondence shows that his mind had long been made up, there had been much uncertainty as to what Jackson would do. Biddle, the cunning, indefatigable and unscrupulous chairman of the Bank, believed up to the last moment that, if Congress could be secured, he would not dare to interpose. To do so was an enterprise which certainly required courage. It meant fighting at the same time an immensely strong corporation representing two-thirds of the money power of the nation, and with tentacles in every State in the Union, and a parliamentary majority in both Houses led by a coalition of all the most distinguished politicians of the day. The President had not in his Cabinet any man whose name carried such public weight as those of Clay, Webster, or Calhoun, all now in alliance in support of the Bank; and his Cabinet, such as it was, was divided. The cleverest and most serviceable of his lieutenants, Van Buren, was unwilling to appear prominently in the matter. He feared the power of the Bank in New York State, where his own influence lay. McLane, his Secretary of the Treasury, was openly in favour of the Bank, and continued for some time to a.s.sure Biddle of his power to bring the President round to his views.

But, as a fact, the att.i.tude of Jackson was never really in doubt. He knew that the Bank was corrupting public life; the very pa.s.sage of the Bill, against the pledges given by any Congressmen to their const.i.tuents, was evidence of this, if any were needed. He knew further that it was draining the productive parts of the country, especially the South and West, for the profit of a lucky financial group in the Eastern States. He knew also that such financial groups are never national: he knew that the Bank had foreign backers, and he showed an almost startling prescience as to the evils that were to follow in the train of cosmopolitan finance, ”more formidable and more dangerous than the naval and military power of an enemy.” But above all he knew that the Bank was odious to the people, and he was true to his political creed, whereby he, as the elect of the people, was bound to enforce its judgment without fear or favour.

Jackson's Veto Message contained a vigorous exposition of his objections to the Bank on public grounds, together with a legal argument against its const.i.tutionality. It was admitted that the Supreme Court had declared the chartering of the Bank to be const.i.tutional, but this, it was urged, could not absolve the President of the duty of following his own conscience in interpreting the Const.i.tution he had sworn to maintain. The authority of the Supreme Court must not, therefore, be permitted to control the Congress or the Executive, but have only such influence as the force of its reasoning may discover. It is believed that this part of the message, which gave scandal to legalists, was supplied by Taney, the Attorney-General. It is a curious coincidence, if this be so, that more than twenty years later we shall find another great President, though bred in the anti-Jacksonian Whig tradition, compelled to take up much the same att.i.tude in regard to a Supreme Court decision delivered by Taney himself.

Biddle and his a.s.sociates believed that the Message would be fatal to the President. So did the leaders of the political opposition, and none more than Clay. Superlatively skilful in managing political a.s.semblies, he was sometimes strangely at fault in judging the mind of the ma.s.s--a task in which Jackson hardly ever failed. He had not foreseen the anger which his acceptance of a place for Adams would provide; and he now evidently believed that the defence of the Bank would be a popular cry in the country. He forced the ”Whig” Convention--for such was the name which the very composite party opposed to Jackson had chosen--to put it in the forefront of their programme, and he seems to have looked forward complacently to a complete victory on that issue.

His complacency could not last long. Seldom has a nation spoken so directly through the complex and often misleading machinery of elections as the American nation spoke in 1832 against the bank. North, south, east and west the Whigs were routed. Jackson was re-elected President by such an overwhelming expression of the popular choice as made the triumph of 1828 seem a little thing. Against all the politicians and all the interests he had dared to appeal to Caesar, and the people, his unseen ally, had in an instant made his enemies his footstool.

It was characteristic of the man that he at once proceeded to carry the war into Africa. Biddle, though bitterly disappointed, was not yet resigned to despair. It was believed--and events in the main confirm the belief--that he contemplated a new expedient, the use of what still remained of the financial power of the Bank to produce deliberate scarcity and distress, in the hope that a reaction against the President's policy would result. Jackson resolved to strike the Bank a crippling blow before such juggling could be attempted. The Act of Congress which had established the Bank gave him power to remove the public deposits at will; and that power he determined to exercise.

A more timid man would have had difficulty with his Cabinet. Jackson overcame the difficulty by accepting full personal responsibility for what he was about to do. He did not dismiss the Ministers whose opinion differed from his, he brought no pressure to bear on their consciences; but neither did he yield his view an inch to theirs. He acted as he had resolved to act, and made a minute in the presence of his Cabinet that he did so on his own initiative. It was essential that the Secretary of the Treasury, through whom he must act, should be with him. McLane had already been transferred to the State Department, and Jackson now nominated Taney, a strong-minded lawyer, who was his one unwavering supporter in the struggle. Taney removed the public deposits from the United States Bank. They were placed for safe keeping in the banks of the various States. The President duly reported to Congress his reasons for taking this action.

In the new House of Representatives, elected at the same time as the President, the Democrats were now predominant; but the Senate changes its complexion more slowly, and there the ”Whigs” had still a majority.

This majority could do nothing but exhibit impotent anger, and that they most unwisely did. They refused to confirm Taney's nomination as Secretary to the Treasury, as a little later they refused to accept him as a Judge of the High Court. They pa.s.sed a solemn vote of censure on the President, whose action they characterized, in defiance of the facts, as unconst.i.tutional. But Jackson, strong in the support of the nation, could afford to disregard such natural ebullitions of bad temper. The charter of the Bank lapsed and was not renewed, and a few years later it wound up its affairs amid a reek of scandal, which sufficed to show what manner of men they were who had once captured Congress and attempted to dictate to the President. The Whigs were at last compelled to drink the cup of humiliation to the dregs. Another election gave Jackson a majority even in the Senate, and in spite of the protests of Clay, Webster and Calhoun the censure on the President was solemnly expunged from its records.

After the triumphant termination of the Bank, Jackson's second term of office was peaceful and comparatively uneventful. There were indeed some important questions of domestic and foreign policy with which it fell to him to deal. One of these was the position of the Cherokee Indians, who had been granted territory in Georgia and the right to live on their own lands there, but whom the expansion of civilization had now made it convenient to displace. It is impossible for an admirer of Jackson to deny that his att.i.tude in such a matter was too much that of a frontiersman. Indeed, it is a curious irony that the only American statesman of that age who showed any disposition to be careful of justice and humanity in dealing with the native race was John C.

Calhoun, the uncompromising defender of Negro Slavery. At any rate, the Indians were, in defiance, it must be said, of the plain letter of the treaty, compelled to choose between submission to the laws of Georgia and transplantation beyond the Mississippi. Most of them were in the event transplanted.

Jackson's direction of foreign policy was not only vigorous but sagacious. Under his Presidency long-standing disputes with both France and England were brought to a peaceful termination on terms satisfactory to the Republic. To an Englishman it is pleasant to note that the great President, though he had fought against the English--perhaps because he had fought against them--was notably free from that rooted antipathy to Great Britain which was conspicuous in most patriotic Americans of that age and indeed down to very recent times. ”With Great Britain, alike distinguished in peace and war,” he wrote in a message to Congress, ”we may look forward to years of peaceful, honourable, and elevated compet.i.tion. Everything in the condition and history of the two nations is calculated to inspire sentiments of mutual respect and to carry conviction to the minds of both that it is their policy to preserve the most cordial relations.” It may also be of some interest to quote the verdict of an English statesman, who, differing from Jackson in all those things in which an aristocratic politician must necessarily differ from the tribune of a democracy, had nevertheless something of the same symbolic and representative national character and something of the same hold upon his fellow-countrymen. A letter from Van Buren, at that time representing the United States at the Court of St. James's, to Jackson reports Palmerston as saying to him that ”a very strong impression had been made here of the dangers which this country had to apprehend from your elevation, but that they had experienced better treatment at your hands than they had done from any of your predecessors.”

So enormous was Jackson's popularity that, if he had been the ambitious Caesarist that his enemies represented, he could in all probability have safely violated the Was.h.i.+ngton-Jefferson precedent and successfully sought election a third time. But he showed no desire to do so. He had undergone the labours of a t.i.tan for twelve eventful and formative years. He was an old man; he was tired. He may well have been glad to rest for what years were left to him of life in his old frontier State, which he had never ceased to love. He survived his Presidency by nine years. Now and then his voice was heard on a public matter, and, whenever it was heard, it carried everywhere a strange authority as if it were the people speaking. But he never sought public office again.

Jackson's two periods of office mark a complete revolution in American inst.i.tutions; he has for the Republic as it exists to day the significance of a second founder. From that period dates the frank abandonment of the fiction of the Electoral College as an independent deliberative a.s.sembly, and the direct and acknowledged election of the nation's Chief Magistrate by the nation itself. In the const.i.tution of the Democratic Party, as it grouped itself round him, we get the first beginnings of the ”primary,” that essential organ of direct democracy of which English Parliamentarism has no hint, but which is the most vital feature of American public life. But, most of all, from his triumph and the abas.e.m.e.nt of his enemies dates the concentration of power in the hands of the President as the real unifying centre of authority. His att.i.tude towards his Cabinet has been imitated by all strong Presidents since. America does not take kindly to a President who s.h.i.+rks personal responsibility or hides behind his Ministers. Nothing helped Lincoln's popularity more than the story--apocryphal or no--of his taking the vote of his Cabinet on a proposition of his own and then remarking: ”Ayes one; Noes six. The Ayes have it.” Even the ”Spoils System,” whatever its evils, tended to strengthen the Elect of the People. It made the power of an American President more directly personal than that of the most despotic rulers of Continental Europe; for they are always constrained by a bureaucracy, while his bureaucracy even down to its humblest members is of his own appointment and dependent on him.

The party, or rather coalition, which opposed these changes, selected for itself, as has been seen, the name of ”Whig.” The name was, perhaps, better chosen than the American Whigs realized. They meant--and it was true as far as it went--that, like the old English Whigs, they stood for free government by deliberative a.s.semblies against arbitrary personal power. They were not deep enough in history to understand that they also stood, like the old English Whigs, for oligarchy against the instinct and tradition of the people. There is a strange irony about the fate of the parties in the two countries. In the Monarchy an aristocratic Parliamentarism won, and the Crown became a phantom. In the Republic a popular sovereignty won, and the President became more than a king.

CHAPTER VII

THE SPOILS OF MEXICO

The extent of Jackson's more than monarchical power is well exemplified by the fact that Van Buren succeeded him almost as a king is succeeded by his heir. Van Buren was an apt master of electioneering and had a strong hold upon the democracy of New York. He occupied in the new Democratic Party something of the position which Burr had occupied in the old. But while Burr had sought his own ends and betrayed, Van Buren was strictly loyal to his chief. He was a sincere democrat and a clever man; but no one could credit him with the great qualities which the wielding of the immense new power created by Jackson seemed to demand.

None the less he easily obtained the Presidency as Jackson's nominee.

Since the populace, whose will Jackson had made the supreme power in the State, could not vote for him, they were content to vote for the candidate he was known to favour.

Indeed, in some ways the coalition which called itself the Whig party was weakened rather than strengthened by the subst.i.tution of a small for a great man at the head of the Democracy. Antagonism to Jackson was the real cement of the coalition, and some of its members did not feel called upon to transfer their antagonism unabated to Van Buren.

The most eminent of these was Calhoun, who now broke away from the Whigs and appeared prepared to give a measure of independent support to the Administration. He did not, however, throw himself heartily into the Democratic Party or seek to regain the succession to its leaders.h.i.+p which had once seemed likely to be his. From the moment of his quarrel with Jackson the man changes out of recognition: it is one of the most curious transformations in history, like an actor stripping off his stage costume and appearing as his very self. Political compromises, stratagems, ambitions drop from him, and he stands out as he appears in that fine portrait whose great hollow eyes look down from the walls of the Capitol at Was.h.i.+ngton, the enthusiast, almost the fanatic, of a fixed idea and purpose. He is no longer national, nor pretends to be.

His one thought is the defence of the type of civilization which he finds in his own State against the growing power of the North, which he perceives with a tragic clearness and the probable direction of which he foresees much more truly than did any Northerner of that period. He maintains continually, and without blurring its lines by a word of reservation or compromise, the dogma of State Sovereignty in its most extreme and almost parricidal form. His great pro-Slavery speeches belong to the same period. They are wonderful performances, full of restrained eloquence, and rich in lucid argument and brilliant ill.u.s.tration. Sincerity s.h.i.+nes in every sentence. They serve to show how strong a case an able advocate can make out for the old pre-Christian basis of European society; and they will have a peculiar interest if ever, as seems not improbable, the industrial part of Northern Europe reverts to that basis.

Van Buren, on the whole, was not an unsuccessful President. He had many difficulties to contend with. He had to face a serious financial panic, which some consider to have been the result of Jackson's action in regard to the Bank, some of the machinations of the Bank itself. He surmounted it successfully, though not without a certain loss of popularity. We English have some reason to speak well of him in that he resisted the temptation to embroil his country with ours when a rebellion in Canada offered an opportunity which a less prudent man might very well have taken. For the rest, he carried on the government of the country on Jacksonian lines with sufficient fidelity not to forfeit the confidence of the old man who watched and advised him, sympathetically but not without anxiety, from his ”Hermitage” in Tennessee.