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Roger B. Taney (1777-1864) entered President Jackson's cabinet as Attorney General in 1831 and was Jackson's legal advisor during the President's crusade against the Second Bank of the United States. After Jackson was reelected in 1832, Taney advised him to withdraw the government's deposits from the Bank. When Treasury Secretary Duane refused to do so, Jackson named Taney Acting Secretary in his stead. Taney's appointment was never confirmed by Congress, but during his nine months as Acting Secretary he transferred the government's deposits from the Second Bank to designated commercial banks.
The Bank's charter did not expire until 1836, but by draining it of government funds Taney rendered it weak and ineffective before its time was up. Taney resigned when Congress refused to confirm his appointment as Secretary in 1834. Two years later, Jackson, in gratitude for Taney's actions against the Second Bank, appointed him Chief Justice of the Supreme Court.
- Text Courtesy of the Office
of the Curator
President Who? Forgotten Founders Part I
President Who? Forgotten
Founders Part II
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