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Domestic News December 10, 1832

Phenix Gazette

Alexandria, Virginia

What is this article about?

On December 6, 1832, President Andrew Jackson vetoed a bill in the Senate providing for the settlement of certain states' claims for interest on advances to the United States during the last war, citing departure from established accounting practices. The message was laid on the table and printed on motion of Mr. Smith.

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ANOTHER VETO
In the Senate on Thursday, the President laid before the Senate the following Message received from the Executive on
Washington, December 6, 1832
To the Senate of the United States:
I avail myself of this early opportunity to return to the Senate, in which it originated, the bill providing for the settlement of the claims of certain States for interest on advances to the United States during the last war, with the reasons which induced me to withhold my approbation. In consequence of which, it has failed to become a law.
This bill was presented to me for my signature on the last day of your session, and when I was compelled to consider a variety of other bills of greater urgency to the public service. It involved a principle in the allowance of interest different from that which had been tried by the practice of the accounting officers of the previous legislation of Congress, without apparent grounds for the change. In regard to advances by the States and without previously to giving my sanction to so great an extension of the practice of allowing interest upon accounts with the government in its consequences and from analogy only call for large payments from the but disturb the great mass of individual accounts long since finally settled I deemed it my duty to make a more thorough investigation of the subject than it was possible for me to do previously to the close of your last session. This course the more readily from the consideration that as the bill contained no appropriation the States which would have been entitled to claim its benefits could not have received them without the further legislation of Congress The principle which this bill authorizes not only departs from the practice uniformly adopted by many of the accounting officers in the case of individual accounts, and in those of the States finally settled and closed previously to your last session, but also from that pursued under the act of your last session, for the adjustment and settlement of the claims of the State of South Carolina This last act prescribed no particular mode for the allowance of interest, which, therefore, in conformity with the directions of Congress in previous cases, and with the uniform practice of the Auditor by whom the account was settled, was computed on the sums expended by the State of South Carolina for the use and benefit of the United States, and which had been paid to the State, and the payments made by the United States were deducted from the principal sums, exclusive of the interest; thereby stopping future interest on so much of the principal as had been reimbursed by the payment. I deem it proper, moreover, to observe, that both under the act of the 5th of August, 1790, and that of the 12th of February, 1793, authorizing the settlement of the accounts between the United States and the individual States, any outstanding from the war of the Revolution, the interest on these accounts was computed in conformity with the practice already adverted to, and from which the bill now returned is a departure.
With these reasons and considerations, I return the bill to the Senate.
ANDREW JACKSON.
December 6, 1832.
On motion of Mr. Smith, the Message was ordered to be laid on the table, and printed.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Andrew Jackson Veto Senate Bill State Claims Interest Advances War Of 1812

What entities or persons were involved?

Andrew Jackson Mr. Smith

Where did it happen?

Washington

Domestic News Details

Primary Location

Washington

Event Date

December 6, 1832

Key Persons

Andrew Jackson Mr. Smith

Outcome

the bill failed to become a law. the message was ordered to be laid on the table and printed.

Event Details

President Andrew Jackson returned a bill to the Senate without his approval, providing reasons that it departed from established practices in allowing interest on state advances to the United States during the last war. The bill involved claims of certain states and differed from prior accounting principles and legislation, including the recent act for South Carolina's claims.

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