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Richardson, James D. (James Daniel), 1843-1914

"Volume 3, part 1: Andrew Jackson (Second Term)"

Not only was the evidence
complete as to the past application of the money and power of the bank
to electioneering purposes, but that the resolution of the board of
directors authorized the same course to be pursued in future.
It being thus established by unquestionable proof that the Bank of the
United States was converted into a permanent electioneering engine, it
appeared to me that the path of duty which the executive department of
the Government ought to pursue was not doubtful. As by the terms of the
bank charter no officer but the Secretary of the Treasury could remove
the deposits, it seemed to me that this authority ought to be at once
exerted to deprive that great corporation of the support and countenance
of the Government in such an use of its funds and such an exertion
of its power. In this point of the case the question is distinctly
presented whether the people of the United States are to govern through
representatives chosen by their unbiased suffrages or whether the money
and power of a great corporation are to be secretly exerted to influence
their judgment and control their decisions.


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