Page:Life of Henry Clay (Schurz; v. 1).djvu/385

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.
THE CAMPAIGN OF 1832.
373

ship, then rushed to the attack. Several serious charges against the Bank of the United States, drawn up by Benton, were made in the House, with a demand for an investigation by committee. The majority of the committee was composed of known opponents of the bank; among the minority, probably the most conscientiously impartial man of all, was John Quincy Adams, then in the first year of his distinguished career as a member of the House of Representatives. An exposition of the charges and specifications, and of the findings of the committee in detail, will not be undertaken here. The reader will find an eminently clear and complete presentation of the case in Professor W. G. Simmer's “Andrew Jackson.” John Quincy Adams made a separate report, which was of especial value. The majority of the committee declared that the bank was unsound, and recommended that it should not be rechartered; the minority said that it was safe and useful, and ought to be rechartered; in this latter view John Quincy Adams substantially concurred. One member of the majority declared that he had seen nothing in the conduct of the president and directors “inconsistent with the purest honor and integrity;” but, being a warm friend of General Jackson, he consented to sign the majority report. Jackson himself honestly believed all the charges, whether proved or disproved. On the whole, the result of the investigation was regarded as favorable to the bank. The bill to renew the charter