Chief Justice of the United States
Perhaps Chase's chief defect as a statesman was an insatiable desire for supreme office. Never truly accepting his defeat at the 1860 Republican National Convention, throughout his term at the Treasury department Chase repeatedly attempted to curry favor over Lincoln for another run at the Presidency in 1864. Chase had attempted to gain leverage over Lincoln three previous times by threatening resignation (which Lincoln declined largely on account of his need for Chase's work at Treasury), but with the 1864 nomination secured and the financial footing of the United States Government in solid shape, in June 1864, to Chase's great surprise, Lincoln accepted his fourth resignation offer. Partially to placate the Radical wing of the party following the resignation, however, Lincoln mentioned Chase as an able Supreme Court nominee. Several months later, upon
Roger B. Taney's death in 1864, Lincoln nominated him as the
Chief Justice of the United States, a position that Chase held from 1864 until his death in 1873. In striking contrast with Taney, in one of Chase's first acts as Chief Justice, Chase appointed
John Rock as the first African-American attorney to argue cases before the Supreme Court..
In his capacity as Chief Justice, Chase presided at the impeachment trial of President
Andrew Johnson in 1868. Among his most important decisions while on the court were
Texas v. White (7 Wallace, 700), 1869, in which he asserted that the Constitution provided for an indestructible union, composed of indestructible states,
Veazie Bank v. Fenno (8 Wallace, 533), 1869, in defense of that part of the banking legislation of the Civil War that imposed a tax of 10 percent on state banknotes, and
Hepburn v. Griswold (8 Wallace, 603), 1869, which declared certain parts of the legal tender acts to be unconstitutional. When the legal tender decision was reversed after the appointment of new judges, in 1871 and 1872 (
Legal Tender Cases, 12 Wallace, 457), Chase prepared a very able dissenting opinion.
Toward the end of his life he gradually drifted back toward his old Democratic position, and made an unsuccessful effort to secure the nomination of the Democratic party for the presidency in 1868, "but was passed over because of his stance in favor of voting rights for black men." He helped to found the
Liberal Republican Party in 1872, unsuccessfully seeking its presidential nomination.
As early as 1868 Chase concluded that:
:"Congress was right in not limiting, by its reconstruction acts, the right of suffrage to whites; but wrong in the exclusion from suffrage of certain classes of citizens and all unable to take its prescribed retrospective oath, and wrong also in the establishment of despotic military governments for the States and in authorizing military commissions for the trial of civilians in time of peace. There should have been as little military government as possible; no military commissions; no classes excluded from suffrage; and no oath except one of faithful obedience and support to the Constitution and laws, and of sincere attachment to the constitutional Government of the United States."
In 1869,
Ulysses S. Grant was considering replacing Chase with
Edwin Stanton, his old friend from the Lincoln administration. However, Stanton had died before a decision was made.
Chase died in New York City in 1873, and was interred in
Oak Hill Cemetery in
Washington, D.C. and later reinterred in
Spring Grove Cemetery, Cincinnati, Ohio. Chase had been an active member of
St. Paul Episcopal Cathedral, Cincinnati.
The Chase National Bank, a predecessor of
Chase Manhattan Bank was named in his honor, though he had no financial affiliation with it.
Chase's daughter,
Kate, was a notable socialite in her own right as the
Civil War "Belle of Washington", acting as her father's official hostess and unofficial campaign manager.
http://www.millville.org/Workshops_f/Siniav_Civil%20War/Women/whack/kate.htm Her November 12, 1863, marriage to the textile magnate
Rhode Island politician
William Sprague did not flourish. After her father's death, the marriage deteriorated further with Sprague's marital infidelities, alcoholism, and constant belittling of Chase's spending habits, while Chase in turn had an affair with
Roscoe Conkling. They divorced in 1882, and Kate Chase later died in poverty in 1899.