Cheves, Langdon
Cheves, Langdon
(chĭ`vĭs), 1776–1857, American statesman, b. Abbeville District (now Abbeville co.), S.C. Admitted to the bar in 1797, he became one of the leading lawyers of Charleston. In the U.S. House of Representatives (1810–15) he was one of the "war hawks" who agitated for hostilities with Britain. He served as chairman of the Ways and Means Committee and in 1814 succeeded Henry ClayClay, Henry,1777–1852, American statesman, b. Hanover co., Va. Early Career
His father died when he was four years old, and Clay's formal schooling was limited to three years.
..... Click the link for more information. as speaker. In this capacity Cheves cast the deciding vote against Alexander J. DallasDallas, Alexander James
, 1759–1817, U.S. secretary of the treasury (1814–16), b. Jamaica, West Indies. He went (1783) to Philadelphia, practiced law, and was secretary of state (1791–1801) and U.S. district attorney (1801–14) in Pennsylvania.
..... Click the link for more information. 's bill for establishing the second Bank of the United StatesBank of the United States,
name for two national banks established by the U.S. Congress to serve as government fiscal agents and as depositories for federal funds; the first bank was in existence from 1791 to 1811 and the second from 1816 to 1836.
..... Click the link for more information. , but it was chartered anyway in 1816. The bank was badly mismanaged until Cheves, elected a director and president in 1819, restored its credit. On his resignation in 1822, Nicholas BiddleBiddle, Nicholas,
1786–1844, American financier, b. Philadelphia. After holding important posts in the American legations in France and England, he returned to the United States in 1807 and became one of the leading lights of Port-Folio,
..... Click the link for more information. took over the bank.