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 had managed to get on the side, which will pass into history as the wrong side, of at least three great questions and perhaps also of the fourth. It forced the administration into an impregnable position in regard to free trade, hard money, and an opposition to the distribution of land or revenue; and it managed in the end to put itself unequivocally in the wrong and the opposite party in the right on the sub-treasury and the public finances.

It commenced its career as a party by a great blunder — an act which was recognized as such immediately afterwards — and that was the effort to re-charter the Bank in 1832. It had been the strongest answer of the Bank to Jackson's early attacks that its charter did not expire until March 3, 1836, that he had forced the issue of a re-charter on the country six and a half years before the time, and that he had nothing to do with the re-charter unless he assumed that he was to be reëlected. The National Republican convention was held at Baltimore on December 12, 1831. Mr. Clay was nominated for President. The petition for a re-charter was presented January 9, 1832, as a manœuvre in the campaign. Forthwith the charge of anticipating an exciting question was turned against the opposition. They were charged with bringing the Bank into politics, and the Bank was forced into the political campaign to defend its existence. The re-charter was passed July 4, 1832, and vetoed July 10. Up to this time there had been plenty of administration men who favored the Bank. This issue, thus forced by the opposition on the eve of election, and thus accepted by the President for his own person, raised Bank on Anti-Bank to a test of political orthodoxy, and, in the political language of the time, many were forced to "turn a sharp corner." The issue was now also Jackson versus the Bank, and then first did it become apparent to what extent the Jackson party had gained and how thorough was its devotion. The