Page:The Presidents of the United States, 1789-1914, v. II.djvu/97

 JOHN TYLER 69 president. But an amendment offered by Mr. Clay, for the repeal of the law of 1836 regulating the deposits in the state banks, was defeated by the votes of a small party led by William C. Rives. The great question then came up. On constitu tional grounds, Mr. Tyler s objection to the United States bank had always been that congress had no power to create such a corporation within the limits of a state without the consent of the state ascer tained beforehand. He did not deny, however, the power of congress to establish a district bank for the District of Columbia, and, provided the several states should consent, there seemed to be no reason why this district bank should not set up its branch offices all over the country. Mr. Clay s so-called &quot;fiscal bank&quot; bill of 1841 did not make proper pro vision for securing the assent of the states, and on that ground Mr. Rives proposed an amendment substituting a clause of a bill suggested by Thomas Ewing, secretary of the treasury, to the effect that such assent should be formally secured. Mr. Rives s amendment was supported not only by sev eral &quot;state-rights Whigs,&quot; but also by senators Richard H. Bayard and Rufus Choate, and other friends of Mr. Webster. If adopted, its effect would have been conciliatory, and it might perhaps have averted for a moment the rupture between the ill-yoked allies. The Democrats, well aware of this, voted against the amendment, and it was lost. The