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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1902 edition. Excerpt: ...amusing case is that of John Tyler. Tyler was chairman of the Senate investigating committee of 1834, and, voicing the austere public morality characteristic of Virginia Republicanism since the days of Jefferson, criticised the bank for disseminating pamphlets and congressional reports.1 "Our friend," wrote Webster, "seemed to reserve all his censure for these heads."2 Biddle, therefore, felt quite safe in asking Tyler if he wished his report disseminated. The surprise and disgust of the bank's president may easily be guessed when he discovered that Tyler did wish it to the extent of a thousand copies.' Whatever credit is due Tyler for his political morality, a sense of humor was evidently not his prominent characteristics. That the matter of printing was carried entirely too far will easily be gathered from what has been said, and even the bank's most eager partisans were convinced that this was so. Watmough, who arranged for much of the printing, at last protested. He thought they should cut down the number of congressional speeches published, though he added, with bitter pleasantry, "It is a great assistance to Green, to be sure. He is at best however but a mauvais sujet, and scarcely worth what has already been done for him." The printers, in his opinion, were "pretty much all alike--let them handle the money, au diable, the rest."4 The charge of jobbing in public stocks touched the honor of the president and corporation, and, if proved, established a violation of the law; for the charter declared that the cor 15. D. 17,23d Cong., 2d Sess., p. 45. 'To Biddle, Dec. 17,1834, B. P. 'Tyler "after blaming the Bank for circulating documents in its defence instead of leaving to its enemies the...
  • ISBN13: 9781230734781
  • Publisher: Theclassics.Us
  • Pubilcation Year: 2013
  • Format: Paperback
  • Pages: 00198
Publication Date20130912
Primary CategoryBusiness & Economics/General

The Second Bank of the United States

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