Editing Langdon Cheves (section)

===Resignation and succession===
As early as 1821, Cheves had resolved to retire from his post by January 1823.{{sfn|Huff|1977|pp=119–20}} He made his decision known to Secretary Crawford in May 1822 and announced it at the stockholders meeting on October 1, after which a struggle to succeed him ensued.{{sfn|Huff|1977|pp=121–27}} Cheves first fended off a challenge by Jones supporters who sought to reverse his policies; the board he nominated was elected unanimously.{{sfn|Huff|1977|pp=121–27}}

Among the Cheves supporters, Secretary Crawford solicited [[Albert Gallatin]], but received little approval from the directors. [[Roswell L. Colt]] lobbied for his nephew, Nicholas Biddle. Biddle was also a friend of President Monroe. [[Robert Gilmor Jr.]] advised Cheves that Biddle was "unsuitable."{{sfn|Huff|1977|pp=121–27}} Cheves adamantly preferred a Philadelphian, but disliked Biddle as pretentious for his opposition to his liberalization policies. Baltimore directors lobbied heavily for a resident of that city, but were split between Thomas Ellicott and John White, who had succeeded McCulloch as branch cashier, and were unable to overcome Cheves's preference for a Philadelphian.{{sfn|Huff|1977|pp=121–27}} Cheves ultimately settled [[William M. Meredith]] but, fearing Meredith was unqualified, asked White to accept the role of cashier to act as de facto President. White rejected this plan.{{sfn|Huff|1977|pp=121–27}}

Meanwhile, Biddle began to actively campaign for the position. Emphasizing support from Crawford and Monroe, he openly expressed his willingness to serve. He gained support from [[John Quincy Adams]], [[John C. Calhoun]], [[Stephen Girard]], and powerful Philadelphia stockholders.{{sfn|Huff|1977|pp=121–27}} In November, Cheves publicly supported Biddle as his successor and he was voted in 14–1.{{efn|The lone vote against was [[Samuel W. Dana]] of [[Connecticut]].}}{{sfn|Huff|1977|pp=121–27}}