Page:The Presidents of the United States, 1789-1914, v. II.djvu/271

 JAMES BUCHANAN 215 because he is in favor of a strict and limited con struction of the constitution, according to the true spirit of the Virginia and Kentucky resolutions. I firmly believe that if this government is to remain powerful and permanent it can only be by never assuming doubtful powers which must necessarily bring it into collision with the states. I oppose the whig party, because, according to their reading of the constitution, congress possesses, and they think ought to exercise, powers which would endanger the rights of the states and the liberties of the people.&quot; The most important and far-reaching of Presi dent Jackson s executive measures was his veto in 1832 of a bill for renewing the charter of the bank of the United States. Jackson removed the national deposits into certain state banks, which produced financial distress throughout the land. Mr. Buchanan was conspicuous in the senate as a supporter of Jackson s financial policy through out his administration and that of his successor, Mr. Van Buren, of the same party. Mr. Buchanan had been re-elected to the senate in January, 1837, by a very large vote and for a full term, his first election having been to a vacancy, and he was the first person that had ever received a second election from the legislature of Pennsylvania. In 1839 Mr. Van Buren offered Mr. Buchanan the attorney- generalship, which Mr. Grundy had resigned. Mr.