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S Sooj. IS'J. 2 (a)
A
HARVARD
COLLEGE
LIBRARY
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THK
V LIFE AND SPEECHES
or
HENRY CLAY,
VOLUME II
^»*^^^»^#MW^^^^^^^^^W^^^^ «ft
KEW YORK :
GREELEY & M'ELRATH, TRIBUNE OFFICE.
1843.
?iX S 5C'03. ISS, 2. (^^\
I^kH.-^'-
/■
\Ac}.
■.•\
f
djnxuu) according to an act of CongreM, in the year 1842, by
JAMES B. SWAIN,
Ib the Clerk'a Office of the U. 8< Court for the Southern Diatrict of New-York.
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CONTENTS
OP ▼OLUHK II.
tfN#W«M«M«M««#W«*W«MMM««*V«««ito
SPEXCHU.
>nn Defence of the American System, t 9
a National Bank, 6B
the Bank Charter, » 8t
the Veto of the Bank 8i
On the Public Lands 104
•^On Introdacing the Compromise Bil^, Mi
"*In support of the Compromise Act,..,, 187
On the Removal of the Deposites, 177
On the State of the Country
On the State of the Country, •
^On Our Treatment of the Cherokees,
On Surrendering the Cumberland Road,
On Appointments and Removals,. I. •••
On the Land Distribution, • •
On the Expunging Resolutions
On the Sub-Treasury SIS
On the Sub-Treasury 844
Outline of a National Bank, •
On Abolition Petitions, ,
On the Presidential' Election 490
On the Pre-Emption Bill. 44S
On the Bank Veto, 401
^M)n a True Public Policy, 618
^^On Retiring from the Senate,.*. .JSQjl
Ob Retnming to Kentucky, .MO
In Reply to Mr. MendmhiM,
f
SPEECHES
OF
HENRY CLAY-
DEFENCE OF THE AMERICAN SYSTEM;
In THE Senate of the United States, February 2d, 3d, and
6th, 1832.
[Mr. Clat, having retired from CongresB soon after the ettablishment of tha
American System, by the passage of the Tariff of 1S24, did not return to it till l831-2»
when the opponents of thid system had covertly acquired the ascendancy, and were
bent on its destniction. An act redacing the duties on many of the protected articles,
was devised and passed. The bill being under consideration in the Senate, Mr
Clat addressed that body as follows :]
In one sMitiment, Mr. President, expressed by the honorable gen-
tleman from South Carolina, (General Hayne,) though perhaps not
in the sense intended by him, I entirely concur. I agree with himi
that the decision on the system of policy embraced in this debate, in-
volves the future destiny of this growing country. fOne way I verily
believe, it would lead to deep and general distress, general bankrupt-
cy and national ruin, without benefit to any part of the Union : the
other, the existing prosperity will be preserved and augmented, and
' the nation will continue rapidly to advance m wealth, power, and
; greatness, without prejudice to any section of the confederacy!
J
13 tPBlCBBt OF HCKBT CLAT«
city of New York, from 1817 to 1831. This value is canvassed
contested, scrutinized and adjudged by the proper sworn authorities.
It is, therefore, entitled to full credence. During the first term, com-
mencing with 1817, and ending in the year of the passage of the
tariff of 1824, the amount of the value of real estate was, the first
year, $57,799,435, and, after various fluctuations in the intermediate
period, it settled down at 52,019,730, exhibiting a decrease, in seven
years, of $5,779,705. During the first year of 1825, after the pas-
sage of the tariff, it rose, and, gradually ascending throughout the
whole of the latter period of seven years, it finally, in 1S31, reached
the astonishing height of $95,716,485 ! Now, if it be said that this
rapid growth of the city of New York was the effect of foreign com-
merccy then it was not correctly predicted, in 1824, that the tariff
would destroy foreign commerce, and desolate our commercial cities.
If, on the contrary, it be the effect of internal trade, then internal
trade cannot be justly chargeable with the evil consequences imputed
to it. The truth is, it is the joint effect of both principles, the do-
mestic industry nourishing the foreign trade, and the foreign com-
merce in turn nourishing the domestic industry. Nowhere more
than in New York is the combination of both principles so complete-
ly developed. In the progress of my argument, I will consider the
effect upon the price of commodities produced by the American Sys-
tem, and show that the very reverse of the prediction of its foes, in
1824, actually happened.
Whilst we thus behold the entire failure of all that was foretold
against the system, it is a subject of just felicitation to its friends, that
all their anticipations of its benefits have been fulfilled, or are in pro-
gress of fulfillment. The honorable gentleman from South Carolina
has made an allusion to a speech made by me, in 1824, in the other
House, in support of the tariff, and to which, otherwise, I shouid not
have particularly referred. But I would ask any one, who can
now command the courage to peruse that long production, what
principle there laid down is not true ? what prediction then made has
been falsified by practical experience ?
It is now proposed to abolish the system, to which we owe so much
of the public prosperity, and it is urged that the arrival of the period
of the redemption of the public debt has been confidently looked to
as preBenting a fuitable opcaiioii to rid the coontrj of the evils with
IN DEFENCE OF THE AMERICAN SYSTEM. 13
which the system is alledged to be fraught. Not an inattentive ob-
server of passing events, I hare been aware that, among those who
were most early prt^ssing the payment of the public debt, and, upon that
ground, were opposing appropriations to other great interests, there
were some who cared less about the debt than the accomplishment
of other objects. But the people of the United States have not cou-
pled the payment of their public debt with the destruction of the pro-
tection of their industry, against foreign laws and foreign industry.
They have been accustomed to regard the extinction of the public
debt as relief from a burthen, and not as the infliction of a curse. If
it is to be attended or followed by the subversion of the American
System, and an exposure of our establishments and our productions to
the unguarded consequences of the selfish policy of foreign powers,
the payment of the public debt will be the bitterest of curses. Iti
firuit will be like the fruit
** Of that forbidden tree, whofe mortal taste
Brought death into thti world, and all our woe,
Withloi>sofEden.»'
If the system of protection be founded on principles erroneous in
theory, pernicious in practice — above all if it be unconstitutional, as
is alledged, it ought to b^ forthwith abolished, and not a vcstage of
it suffered to remain. | But, before we sanction this sweeping de-
nunciation, let us look aTlittle at this system, its magnitude, its rami-
fications, its duration, and the high authorities which have sustained
it. We shall see that its foes will have accomplished comparatively
nothing, after having achieved their present aim of breaking down
our iron-founderies, our woollen, cotton, and hemp manufactories, and
our sugar plantations. The destruction of these would, undoubtedly,
lead to the sacrifice of immense capital, the ruin of many thousands
of our fellow citizens, and incalculable loss to the whole community.
But their prostration would not disfigure, nor produce greater eflfect
npon the whole system of protection, in all its branches, than the de-
struction of the beautiful domes upon the capitol would occasion to
the magnificent edifice which they surmount. ([Why, sir, there is
scarcely an interest, scarcely a vocation in society, which is not em-
braced by the beneficence of this systemTV
It comprehends our coasting tonnage and trade, firom which all
fereign tonnage is abaolotely excluded.
14 fPKBCHn OF HSHRT OLAT.
It includes all our foreign tonnagCi with the inconsiderable excep-
tion made by treaties of reciprocity with a few foreign powers.
It embraces our fisheries, and all our hardy and enterprising fish-
ecmen.
It extends to almost every mechanic art : to tanners, cordwainers,
tailors, cabinet-makers, hatters, tinners, brass-workers, clock-makers,
coach-makers, tallow-chandlers, trace-makers, rope-makers, cork-cut-
ters, tobacconists, whip-makers, paper-makers, umbrella-makers,
glass-blowers, stocking-weavers, butter-makers, saddle and harness-
makers, cutlers, brush-makers, book-binders, dairy-men, milk-farm-
ers, black-smiths, type-founders, musical instrument-makers, basket-
makers, milliners, potters, chocolate-makers, fioor-cloth-makers, bon-
net-makers, hair-cloih-makers, copper-smiths, pencil-makers, bellows-
makers, pocket book-makers, card-makers, glue-makers, mustard-
makers, lumber-sawyers, saw-makers, scale-beam-makers, scythe-
makers, wood-saw-makers, and many others. The mechanics enu-
merated, enjoy a measure of protection adapted to their several con-
ditions, varying from twenty to fifty per cent. The extent and im-
portance of some of these artizans may be estimated by a few par-
ticulars. The tanners, curriers, boot and shoe-makers, and other
workers in hides, skins and leather, produce an ultimate value per
annum of forty millions of dollars ; the manufacturers of hats and
caps produce an annual value of fifteen millions ; the cabinet-makers
twelve millions; the manufacturers of bonnets and hats for the fe-
male sex, lace, artificial flowers, combs, &c. seven millions ; and the
manu&cturers of glass, five millions.
It extends to all lower Louisiana, the Delta of which might as well
be submerged again in the Gulf of Mexico, from which it has been a
gtadual conquest, as now to be deprived of the protecting duty upon
its great staple.
It eflfects the cotton planter* himself, and the tobacco planter, both
of whom enjoy protection.
* To say nothing of cotton produced in other foreign countries, the cnltivation of
dkis article, of a very superior quality, is constantly extending in the adjacent Mexi-
eaa Provinces, and, hot for the duty probably a laige amount would be introduced
iato dM United States, down Red liver and aioiw the coast of die Onlf of Mexico.
IK DEPJUfCS OP THB ASfBAICAK ITSTUff. U
The total amount of the capital vested in sheep, the land to sastain
them, wool, woollen manufactures, and woollen fabrics, and the sub-
sistence of the various persons directly or indirectly employed in the
growth and manufacture of the article of wool, is estimated at one
hundred and sixty-seven millions of dollars, and the number of per-
sons at one hundred and fifty thousand.
The value of iron, considered as a raw material, and of its manu*
fiustures, is estimated at twenty-six millions of dollars per annum.
Cotton goods, exclusive of the capital vested in the manufacture, and
of the cost of the raw material, are believed to amount annually, to
about twenty millions of dollars.
These estimates have been carefully made, by practical men of un-
doubted character^ who have brought together and embodied their
information. Anxious to avoid the charge of exaggeration, thej
have sometimes placed their estimates below what was believed to
be the actual amount of these interests. With regard to the quantity
of bar and other iron annually produced, it is derived fitim the known
works themselves ; and I know some in western States which they
have omitted in their calculations.
Such are some of the items of this vast system of protection, which
it is now proposed to abatidon. We might well pause and contem-
plate, if human imagination could conceive the extent of mischief and
rain from its total overthrow, before we proceed to the work of de-
struction. Its duration is worthy also of serious consideration. Not
to go behind the constitution, its date is coeval with that instrument.
It began on the ever memorable fourth day (^ July — ^the fourth day of
July, 1789. The second act which stands recorded in the statute
book, bearing the illustrious signature of George Washington, laid the
comer stone of the whole system. That there might be no mistake
•bout the matter, it was then solemnly proclaimed to the American
people and. to the world, that it was necessary for ^' the encourage-
ment and proiecHon of manufactures,'^ that duties should be laid. It
is hi vain to urge the small amount of the measure of the protection
then extended. The great principle was then established by the fa-
thers of the constitution, with the fiither of his country at their hesid.
And it cannot now be questioned, that, if the government had not
then been new and the subject untried, a greater measure of' protee^ ':
I
i * r
':x ■r^.\"-^"\
V.
••
I
16
•PIKCHE8 OF HENRT CLAT.
tion would have been applied, if it had been supposed necessary.
fslK)rtly after, the master minds of Jefferson and Hamilton were
brought to act on this inteiesting subject. {Taking views of it apper-
taining to the departments of foreign affairs and of the treasury, which
they respectively filled, they presented, severally, reports which yet
remain monuments of their profound wisdom, and came to the same
conclusion of protection to American industry. ^Mr. Jeflerson argued
that foreign restrictions, foreign prohibitions, and foreign high dnties,
ought to be met at home by American restrictions, American prohi-
bitions, and American high duties. Mr. Hamilton, surveying the
entire ground, and looking at the inherent nature of the subject, treat-
ed it with an ability, which, if ever equalled, has not been surpassed,
and earnestly recommended protection^
The wars of the French revolution commenced about this period,
and streams of gold poured into the United States through a thousand
channels, opened or enlarged by the successful commerce which our
neutrality enabled us to prosecute. We forgot or overlooked, in the
general prosperity, the necessity of encouraging our domestic manu-
factures. Then came the edicts of Napoleon, and the British orders
in council ; and our embargo, non-intercourse, non-importation, and
war, followed in rapi J succession. These national measures, amount-
ing to a total suspension, for the period of their duration, of our for-
eign commerce, afforded the most efficacious encouragement to Amer-
ican manufactures; and accordingly they everywhere sprung up.
While these measures of restriction, and this state of war continuedli
the manufacturers were stimulated in their enterprise by every a^u-
rance of support, by public sentiment, and by legislative resolves. It
was about that period (1808) that South Carolina bore her high tes-
timony to the wisdom of the policy, in an act of her legislature, the
preamble of which, now before me, reads :
** Whereas, the estabhshment and eneourai^^ement of domestic mRnufactiires, is
conducive to the interestii of a State, by adding new inemtivet io induttry, and as
beiof the means of disposing to advantage the 8uri>lu8 productions of the agrtcultU'
rtiC ; and whereas, in the present unexampled state of the world, their estabTi^hment
in our country is not only txptdieiU, but poUtic in rendering ua indtpeneUfU of foreign
nations."
The legialafeure, not being competent to afford the most efficacious
•id, by imposing duties on foreign rival articlesi proceeded to iucor*
ponle a company.
IN DEnClfCE Of THE AMERICAK BT8TKM. 17
Peace, under the treaty of Ghenti returned in 1815, but there did
not return with it the golden days which preceded the edicts levelled
at our commerce by Great Britain and France. It found all Europe
tranquilly resuming the arts and the business of civil life. It found
Europe no longer the consumer of our surplus, and the employer of
our navigation, but excluding, or heavily burthening, almpst all the
productions of our agriculture, and our rivals in manufactures, in
navigation, and in conunerce. It found our country, in short, in a
aituation totally di&rent from all the past — new and untried. It be-
came necessary to adapt our laws, and especially our laws of impost,
to the new circumstances in which we found ourselves. Accordingly,
that eminent and lamented citizen, then at the head of the treasury,
(Mr. Dallas,) was required, by a resolution of the House of Repre-
sentatives, under date the twenty-third day of February, 1815, to
prepare and report to the succeeding session of Congress, a system of
of revenue conformable with the actual condition of the country. He
had the circle of a whole year to perform the work, consulted mer-
chants, manufacturers, and other practical men, and opened an ex-
tensive correspondence. The report which he made at the session of
1816, was the result of his inquiries and reflections, and embodies the
principles which he thought applicable to the ^abject. It has been
aaid, that the tariff of 1616 was a measure of mere revenue, and that
it only reduced the war duties to a peace standard. It is true that
the question then was, how much and in what way should the double
duties of the war be reduced ? Now, also, the question is, on what
articles shall the duties be reduced so as to subject the amounts of
the future revenue to the wants of the government ? Then it was
deemed an inquiry of the first importance, as it should be now, how,
the reduction should be made, so as to secure proper encouragement
to our domestic industry. That this was a leading object in the ar-
rangement of the tariff of 1816, 1 well remember, and it is demon-
strated by the language of Mr. Dallas. He says in his report :
'* There are few, if any goyernmenta, which do not regard the esCabliahment of do-
mestic manufactorea as a chief object of public policy. The United States have al-
loayf BO regarded ic. * * * * The demands of the country, while the
acquintions of supplies from foreign nations was either prohibited or impracticable,
may have afforded a sufficient inducement for this investment of capital, and this
application of labor : but the inducement, in its necessary extent, muBi fail when
the day of competition returns. Upon that change in the condition of the conntiy,
the preservation of the manufactures, which private citizens under favorable auspioea
have constituted the property of the nation, becomes a consideration of general poli-
cy^ to be resolved by a recollection of past embarrassments ; by the certainty of an
increased difficulty of reinstating, upon any emergency, tho manufactures which
iiiaU b« aUow^ to peri^t •»d paas ftway ,**«€.
16 IPIBCHIS OF HBMRT CLAT.
The measure of protection which he proposed was not adopted, in
regard to some leading articleS| and there was great difficulty in as-
certaining what it ought to have been. But the pnnciple was thett
distinctly asserted and fully sanctioned.
Hie subject of the American system was again brought up in IS20^
by the bill reported by the chairman of the committee of manufac^
tures, now a member of the bench of the Supreme Court of the Uni-
ted States, and the principle was successfully maintained by the rep-
resentatives of the people ; but the bill which they passed was de-
feated in the Senate. It was revived in 1824 ; the whole groiind
carefully and deliberately explored, and the bill then introduced, re-
ceivii^ all the sanctions of the constitution, became the law of the
land. An amendment of the system was proposed in 182S, to the
history of which I refer with no agreeable recollections. The bill of
that year, in some of its provbions, was framed on principles directly
adverse to the declared wishes of the friends of the policy of protec-
tion. I have heard, without vouching for the fact, that it was so
framed, upon the advice of a prominent citizen, now abroad, with the
view of ultimately defeating the bill, and with assurances that, being
altogether unacceptable to the friends of the American system, the
bill would be lost. Be that as it may, the most exceptionable fea-
tures of the bill were stamped upon it, against the earnest remon-
strances of the friends of the system, by the votes of southern mem-
bers, upon a principle, I think, as unsound in legislation as it is repre-
hensible in ethics. The bill was passed, notwithstanding this,
it having been deemed better to take the bad along with the good
which it contained, than reject it altogether. Subsequent legislation
has corrected the error then perpetrated, but still that measure is ve-
hemently denounced by gentlemen who contributed to noake it what
it was.
* Thus, sir, has this great system of protection been gradually built,
alone upon stone, and step by step, from the fourth of July, 1789|
down to the present period. In every stage of its progress it has re-
ceived the deliberate sanction of Congress. A vast majority of the
people of the United States has approved and continue to approve it.
Every chief magistrate of the United States, from Washington to the
present, in some form or other, has given to it the authority of his
same ; and however the opinions of the existing President are inter-
19 SBFBRCE OF THE ▲MEBICAN STfTBIf. M
preted South of Mason's and Dixon's line, on the north they are at
least understood to fiivor the establishment of a ju^ciaui tariff.
The questioni therefore, which we are now called upon to deter^
mine, is not whether we shall establish a new and doubtful system of
policy, just proposed, and for the first time presented to our consider*
ation, but whether we shall break down and destroy a long establish-
ed system, patiently and carefully bailt up and sanctioned, during a
series ol^ years, again and again, by the nation and its highest and
most revered authorities. And are we not bound deliberately to con-
sider whether we can proceed to this work of destruction without a
violation of the public faith ? The people of the United States have
justly supposed that the policy of protecting their industry against
foreign legislation and foreign industry was fully settled, not by a
single act, but by repeated and deliberate acts of government, per-
formed at distant and frequent intervals. In full confidence that the
policy was firmly and unchangeably fixed, thousands upon thousands
have invested their capital, purchased a vast amount of real and other
estate, made permanent establishments, and accommodated their in-
dustry. Can we expose to utter and irretrievable ruin this countless
multitude, without justly incurring the reproach of violating the na-
tional faith ?
I shall not discuss the constitutional question. Without meanmg
any disrespect to those who raise it, if it be debateable, it has been
sufficiently debated. The gentleman from South Carolina suffered it
to fall unnoticed from his budget ; and it was not until after he had
closed his speech and resumed his seat, that it occurred to him that
he had forgotten it, when he again addressed the Senate, and, by a
sort of protestation against any conclusion from his silence, put for^
ward the objection. The recent free trade convention at Philadelphia,
it is well known, were divided on the question ; and although the
toj^c is noticed in their address to the public, they do not avow their
own belief that the American system is unconstitutional, but repre
sent that such is the opinion of respectable portions of the American
people. Another address to the people of the United States, from a
high souice, during the past year, treating this subject, does not as-
sert the opinion of the distinguished author, but states that of others
to be that it is unconstitutional. From which I infer that he did not
hioMelf believe it
90 8PKBCHES OF HENRT CLAT.
[Here the Vice-President interposed and remarked that, if the Senator from Kty-
tucky alluded to him, he must say that his opinion was, that the measure was on-
constitmional.]
When, sir, I contended with yoa, side by side, and with perhaps
less zeal than you exhibited, in 1816, 1 did not understand you then
to consider the policy forbidden by the constitution.
[The Vice-President again interposed, and said that the constitutional question
was not debated at that time, and (hat he bad never expressed an opinion contrary
to that now intimated.]
I give way with pleasure to these explanations, which I hope will
always be made when 1 say any thing bearing on the individual
opinions of the Chair. 1 know the delicacy of the position, and
sympathise with the imcumbcnt, whoever he may be. It is true,
the question was not debated in 1816; and why not? Because H
was not debatable ; it was then believed not fairly to arbe. It never
has been made as a distinct, substantial and leading point of objec-
tion. It never was made until the discussion of the tarifi*of 1824,*
when it was rather hinted at as against the spirit of the constitution,
than formally announced as being contrary to the provisions of that
mstrument. What was not dreamt of before, or in 1816, and scarce
ly thought of in 1824, is now made, by excited imaginations, to as-
sume the imposing form of a serious constitutional barrier.
Such are the origin, duration, extent and sanctions of the polkj
which we are now called upon to subvert. Its beneficial e&cts, al-
though they may vary in degree, have been felt in all parts of the
Union. To none, I verily believe, has it been prejudicial. In the
North, every where, testimonials are borne to the high prosperity
which it has diffused. There, all branches of industry are animated
and flourishing. Commerce, foreign and domestic, active ; cities and
towns springing np, enlarging and beautifying ; navigation fully and
profitably, employed, and the whole &ce of the country smiling with
improvement, cheerfulness and abundance. Tba-gentleman frpm
\ South Carolina has supposed that we, in the West derive no advan-
tages from this system. He is mistaken. Let him visit us, and he
will find, fipom the head of La Belle Riviere, at Pittsburgh, to Ameri-
; ca, at its mouth, the most rs^d and gratifying advances. He will
behold Pittsburg itself, Wheeling, Portsmouth, Maysville, Cincinnati
\ \ .. f. ^'
■<
^ hi^1>e)qince or the ahiricam system. 21
f LouisYilH) and namerous other towns, lining and ornamenting the
banks of the noble river, daily entending their limits, and prosecutingi
with the greatest spirit and profit, numerous branches of the manu-
facturing and mechanic arts. If he will go into the interior, in the
State of Ohio, he will there perceive the most astonishing progress in
agriculture, in the useful arls, and in all the improvements to which
they both directly conduce. Then let him cross over into my own,
my favorite State, and contemplate the spectacle which is there ex-
hibited. He will perceive numPTous villages, not large, but neat
thriving, and some of them highly ornamented ; many manufactories
' of hemp, '.cotton, wool, and other articles. In various parts of the
I country, atid especially in the Elkhorn region, an endless succession
^ ^ o( natur^ parks ; the forests thinned ; fallen trees and undergrowth
^--elearcdaway ; large herds and flocks feeding on luxuriant grasses ;
and interspersed with comfortable, sometimes elegant mansions, sur-
rounded by extensive lawns. The honorable gentleman from South a
Carolina says, that a profitable trade was carried on from the West, T •
through the Seleuda gap, in mules, horses and other live stock, which I ^
has been checked by the operation of the tariff. It is true that such *
a trade was carried on between Kentucky and South Carolina, mu-
tually beneficial to both parties ; but, several years ago, resolutions,
at popular meetings, in Carolina, were adopted, not to purchase the
produce of Kentucky byway of punishment for her attachment to the
tariff*. They must have supposed us as stupid as the sires of one of
the descriptions of the stock of which that trade consisted, if they
Imagined that their resolutions would affect our principles. Our dro-
vers cracked their whips, blew their horns, and passed the Seleuda
gap, to other markets, where belter humors existed, and equal or
greater profits were made. I have heard of your successor in the
House of Representatives, Mr. President, this anecdote : that he
joined in the adoption of those resolutions, but when, about Christ-
nms, he applied to one of his South Carolina neighbors, to purchase
the regular supply of pork for the ensuing year, he found that he had
to' pay two prices for it ; and he declared if that were tne patriotism
on which the resohitions were based, he would not conform to them,
and, in point of fact, laid in his annual stock of pork by purchase from
the first passing Kentucky drover. The trade, now partially resum-
ed, was maintained by the sale of western productions, on the one
side, and Carolina money on the other. From that condition of it
the gentleman firom^Sbuth Carolina might have drawn this conclosioii)
I
22 SPEECHES OF AENRT CLAT.
that an advantageous trade may exist, although one of the parties to
it pays in specie for the production which he purchases from the
other ; and consequently that it does not follow, if we did not pur-
chase British fabrics, that it might not be the interest of England to
purchase our raw material of cotton. The Kentucky drover receiv-
ed the South Carolina specie, or, taking bills, or the evidences of de-
posite in the banks, carried these home, and, disposing of them to the
merch^t, he brought out goods, of foreign or domestic manufacture,
in return. Such is the circuitous nature of trade and remittance,
which no nation understands better than Great Britain.
Nor has the system which has been the parent source of so mueh
benefit to other parts of the Union, proved injurious to the cotton
growing country. I cannot speak of South Carolina itself, where 1
have never been, with so much certainty ; but of other portions of
the Union in which cotton is grown, especially those bordering on
'the Mississippi, I can confidently speak. If cotton planting is less
profitable than it was, that is the result of increased production ; but
*I believe it to be still the most profitable investment of capital of any
branch of business in the United States. And if a committee were
raised, with power to send for persons and papers, I take it upon my-
self to say, that such would be the result of the inquiry. In Ken-
tucky, I know many individuals who have their cotton plantations
below, and retain their residence in that state, where they remain
during the sickly season ; and they are all, I believe, without excep-
tion, doing well. Others, tempted by their success, are constantly
engaging in the business, while scarcely any comes from the cotton
region to engage in western agriculture. A friend, now in my eye,
a member of this body, upon a capital of less than seventy thousand
dollars, invested in a plantation and slaves made, the year before last,
sixteen thousand dollars. A member of the other House, I under-
stand, who, without removing himself, sent some- of his slaves to
Mississippi, made last year, about twenty per cent. Two friends of
mine, in the latter State, whose annual income is from thirty to sixty
thousand dollars, being desirous to curtail their business, have offered
estates for sale which they are willing to show, by regular vouchers
Jbf receipt and disbursement, yield eighteen percent, per annum. One
(of my most opulent acquaintances, in a county adjoining that in which
U reside, having married in Georgia, has derived a large portion of hit
wealth from a cotton estate there situated.
I
IN DBFSNCS OF THE AMERICAN 8T8TEM. 23
The loss of the tdnnage of Charleston, which has hecn dwelt on,
does not proceed from the tariff; it never had a very large amount,
and it has not heen able to retain what it had, iji consequence of the
opejation of the principle of free trade on its navigation. Its tonnage ;
has gone to the more enterprizing and adventurous tars of the north- ▼
cm States, with whom those of the city of Charleston could not main-
tain a successful competition in the freedom of the coasting trade, ex-
isting between the different parts of the Union. That this must be
the true cause, is demonstrated by the fact, that however it may be
with the port of Charleston, our coasting tonnage, generally, is con-
stantly increasing. As to the foreign tonnage, about one-half of that
which is engaged in the direct trade between Charleston and Great
Britain, is English ; proving that the tonnage of South Carolina can-
not maintain itself in a competition, under the free and equal naviga-
tion secured by our treaty with that power.
«
When gentlemen have succeeded in their design of an immediate
or gradual destruction of the American System, what is their substi-
tute ? Free trade .^(Free trade ! The call for free trade is as una-
vailing as the cry of a spoiled child, in its nurse's arms, for the moon,
or the stars that glitter in the firmament of heaven. It never has
existed, it never will exist. Trade implies, at least two parties. To
be free, it should be fair, equal and reciprocal. But if we throw
our ports wide open to the admission of foreign productions, free of
all duty, what ports of any other foreign nation shall we find open to
the free admission of our surplus produce ? We may break down aU
barriers to free trade on our part, but the work will not be complete
until foreign powers snail have removed theirs. There would be
freedom on one side, and restrictions, prohibitions and exclusions on
the otherTl The bolts, and the bars, and the chains of all other na-
tions will remain undisturbed. It is, indeed, possible, that our in-
dustry and commerce would accommodate themselves to this unequal
and unjust, state of things; for, such is the flexibility of our nature,
that it bends itself to all circumstances. The wretched prisoner in-
carcerated in a jail, afler a long time becomes reconciled to his soli-
tude, and regularly notches down the passing days of his confinement.
■
Grentlemen deceive themselves. It is not free trade that they are
fecommending to our acceptance. It is in effect, the British colonial
«yBtem that we are invited to adopt ; and, if their policy prevail, it
24 SPEECHES OF HENBT CLAT.
will lead substantially to the re-colonization of these States, mni.*^ k-
the commercial dominion of Great Britain. And whom do we fin x a.
some of the principal supporters, out of Congress, of this foreign sys-
tem ? Mr. President, there are some foreigners who always remain
i exotics, and never become naturalized in our country ; whilst, happi^
]y, there are many others who readily attach themselves to our prin-
ciples and our institutions. The honest, patient and industrious Ger-
man readily unites with our people, establishes himself upon some of
our fat land, fills his capacious barn, and enjoys in tranquility, the
abundant fruits which his diligence gathers around him, always rea-
dy to fly to the standard of his adopted country, or of its laws, when
called by the duties of patriotism. The gay, the versatile, the philo-
sophic Frenchman, accommodating himself cheerfully to all the vicis-
situdes of life, incorporates himself without difficulty in our society.
But, of all foreigners, none amalgamate themselves so quickly with
our people as the natives of the Emerald Isle. In some of the vis-
ions which have passed through my imagination, I have supposed
that Ireland was originally, part and parcel of this continent, and
that, by some extraordinary convulsion of nature, it was torn from
America, and drifting across the oce^n, was placed in the unfortunate
vicinity of Great Britain. The same open-heartedness ; the same
generous hospitality ; the same careless and uncalculaling indiffer-
ence about human life, characterize the inhabitants of both countries.
Kentucky has been sometimes called the Ireland of America. And I
have no doubt, that if the current of emigration were reversed, and
set from America upon the shores of Europe, instead of bearing from
Europe to America, every American emigrant to Ireland would there
find, as every Irish emigrant here finds, a hearty welcome and a hap-
py home !
But sir, the gentleman to whom I am about to allude, although
long a resident of this country, has no feelings, no attachments, no
sympathies, no principles, in common with oUr people. Near fifty
years ago, Pennsylvania took him to her bosom, and warmed, and
cherished, and honored him ; and how does he manifest his gratitude ?
By aiming a vital blow at a system endeared to her by a thoiough
conviction that it is indispensable to her prosperity. He has filled at
home and abroad some of the highest offices undes this government^
during thirty years, and he is still at heart an alien. The authori^
of his name has been invoked^ and the labon o[ his pen, in the form
IN DBftHOI OV TR« AMEBICAK 8TSTKM. 95
I of a memorial to Congress have been engaged to overthrow the
I American System, and to substitute the foreign. Go home to your
native Europe, and there inculcate upon her sovereigns your Utopian
doctrines of free trade, and when you have prevailed upon them to
unseal their ports, and freely admit the produce of Pennsylvania and ^
other States, come back, and we shall be prepared to become con-
verts, and to adopt your faith.
A Mr. Sarchet also makes no inconsiderable figure in the c(mmion
attack upon our system. I do not know the man, but I understand
he is an unnaturalized emigrant from the island of Guernsey, situated
in the channel which divides France and England. The principal
business of the inhabitants is that of driving a contraband trade with
the opposite shores, and Mr. Sarchet, educated in that school, is, I
have been told, chiefly engaged in employing his wits to elude the
{^ration of our revenue laws, by introducing articles at less rates of
duty than they are justly chargeable with, which he effects by vary-
ing the denominations, or slightly changing their forms. This man,
at a former session of the scSnate, caused to be presented a memorial
signed by some 150 pretended workers in iron. Of these a gentle-
man made a careful inquiry and examination, and he ascertained that
there were only about ten of the denomination represented ; the rest
were tavern keepers, porters, merchants' clerks, hackney coachmen,
&c. I have the most respectable authority, in black and white, for
this statement.
fHere General Hayne asked, who 1 and was lie a manufacturer 1 Mr. Clay replied,
CoL Murray, of New York, a gentleman of the highest standing for honor, probity,
and Teracity ; that he did not know whether he was a manufacturer or not, but the
gentleman might take him as one.*]
Whether Mr. Sarchet got up the late petition presented to the
Senate from the journeyman tailors of Philadelphia, or not, I do not
know. But I should not be surprised if it were a movement of his,
and if we should find that he has cabbaged from other classes of so-
ciety to swell odt the number of signatures.
To the facts manufactured by Mr. Sarchet, and the theories by
Mr. Grallatin there was yet wanting one circumstance to recommend
* Bfr. Clay inbseqtiently nndentood that Col. Murray was a merchant.
26 VPKBCHEfl OF HRHRt CLAT.
them to fayorable consideration, and that was the authority of some |
high name. There was no difficulty in obtaining one from a British 4
Repository. The honorable gentleman has cited a speech of my lord
Groderich, addressed to the British Parliament, in favor of free trade,
' and full of deep regret that old England could not possibly conform
her practice of rigorous restriction and exclusion to her liberal doO'
trincs of unfettered commerce, so earnestly recommended to foreign
powers. Sir, I know my lord Goderich very well, although my
acquaintance with him was prior to his being summoned to the
British House of Peers. We both sign^.'d the convention between
the United States and Great Britain ol^ 1815. He is an honors
able man, frank, possessing business, but ordinary, talents, about the
ftature and complexion of tho honorable gentleman from South Caro-
Kna, a few years older than he, and every drop of blood running in
his veins being pure and unadulterated Anglo-Saxon blood. If he
were to live to the age of Methuselah, he could not make a speech
of such ability and eloquence as that which the gentleman from South
Carolina recently delivered to the Senate ; and there would be much
more fitness in my lord Goderich making quotations from the speech
of the honorable gentleman, than his quoting, as authority, the theo-
retical doctrines of my lord Goderich. We are too much in the habit
of looking abroad, not merely for manufactured articles, but for the
sanction of high names, to support favorite theories. I have seen
and closely observed the British Parliament, and, without derogating
from its justly elevated character, I have no hesitation in saying, that
in all the attributes of order, dignity, patriotism and eloquence, the
American Congress would not suffer, in the smallest degree, by a
comparison with it.
I dislike this resort to authority, and especially /orei^n and interest'
td authority, for the support of principles of public policy. I would
greatly prefer to meet gentlemen upon the broad ground of fact, of
experience, and of reason ; but, since they will appeal to British
names and authority, I feel myself compelled to imitate their bad ex-
ample. Allow me to quote from the speech of a member of the Brit-
ish Parliament, bearing the same family name with my lord Goderich,
(Hit whether or not a relation of his, I do not know. The member
alluded to was arguing against the violation of the treaty of Methuen
— that treaty, not less &tal to the interests of Portugid than would
IN DSFKMCK OF THB AMSRICAN SYSTEM. 27
be the s^tem of gentlemen to the best interests of America — and ht
went on to say :
" Jt tmn idle for tu to endeavor to persuade other nations to join with us in adopting
Hu principles of what was eaUed '''free trade.** Other nations knew, as ttell as the no-
ble lord (jjiposite^ and those who acted with him, what we meant by **free trhde** was
nothinfr more nor less than, by means of the f^eat advantages we enjoyed, to get a mO'
nopoly of all their market 8 for our manufactures^ and to prevent them, one andailjram
ever becoming manufacturing nations. When the 8>'8tem of reciprocity and Tree
trade had been proposed to a French embaendor, bw remark wan, tnat the plan
excellent in theory^ but, to make it fair in practice, it would be necefr^ary to defer
the attempt to put it in execution for half a century, until France should oe on th«
tame footing with (ireat iiritain, in tnitrine, in m'unufactures, in capital, and the
many other peculiar advanta^<>s which it now enjoyed. The policy that France act-
ed on, was taht of encouraging its ^lative manulactures, and it was a tritf policy ;
because if it were freely to ndmitourmanul'nctures, it would Fpeedily be n'duced to
the rank of an agrindtwal nation ; and thertfore, a poor nation, as all must be that
depend exclusively upon ngnculture. America acted too upon the same principle
with France. America legislated for futurity— legislated for an increasing popula-
tion. America too^ was prospering under this pystcm. In twenty years, America
Would be independent of England for manufacturesi altogether. • • ♦ • ♦ But
■ioce the peace, France, Grerm any, America, and nil the other countries of the
world, had proceeded upon the principle oi encouraging and protecting native man-
factures.**
1
But I have said that the system nominally called '^ free trade, '* so
earnestly and eloquently recommended to our adoption, is a mere re-
vival of the British colonial System, forced upon us by Great Britain
during the existence of our colonial vassalage. The whole system ii
fully explained and illustrated in a work published as far back as the
year 1750, entitled " The Trade and Navigation of Great Britain
considered, by Joshua Gee," with extracts from which I have been
furnished by the diligent researches of a friend. It will be seen from i
these, that the South Carolina policy now, is identical with the long |
cherished policy of Great Britain, which remains the same as it was \
when the thirteen colonies were part of the British empire. In that/
work the author contends —
"1. That mannfactures, in American coionieb, should be discouraged or prohi-
bited.
" Great Britain, with its dependencies, is doubtless as well able to subsist within
itself as any nation in Europe. We have an enterprising people, fiiMbr all the arts
of peace and war. We have provisions in abundance^ and those of the best sort, and
are able to raise sufficient for double the number of inhabitants. We have the very
best materials for clothing, and want nothing either for use or even for luxury, but
what we have at home, or might have from our colonies : so that we might make
such ail intercourse of trade among ourselves, or between us and them, as would
maintain a vast navigation. But we ought always to keep a watchful eye over onr
colonies, to restrain them from settinl^ up any ot the manufactures which are car-
ried on in Great Britain ; and any such attempts should be crushed in the beginning ;
for if they are sutfered to grow up to maturity, it will be dilRcultto suppress them."
Pages 177, 8,9.
** Our colonies are much in th6 same sute Ireland was in, when they benn thf
woollen manufactory, and as their numbers increase, will tall upon manufactures
for clothing themselvef, if due caxe be not tdicn to find employment for them ia
I
as BPEECHEa OF HENRT CIAT.
nifling such prodactiooB as may enable them to famish themseWes with all thetr
necessaries from us.*'
Then it was the object of this British economists to adapt the
means or wealth of the colonists to the supply required by their ne-
cessities, and to make the mother country the source of that supply.
Now it seems the policy is only so far to be reversed that we must
continue to import necessaries from Great Britain, in order to enable
her to purchase raw cotton from us.
** I should, therefore, think it wonhy the care of the government to endeavor, by
all possible means, to encourage (hem in raiKing of silk, hemp, flax, iron, [only pig
to be hammered in England] pot lu^h, «\:c., by giving them competent bounties in
the beginning, and sending over judicious and skilful i)erBon8 at the public charge, to
assist and instruct them in the mo^t proper methods of management, which in mv
apprehension would lay a foundation for establishing the most profitable trade ol
any we have. And considrring the t:ommanding situation of our colonies along thi
sea coast ; the great convenience of navigable tivcrs in all of them : the cheapness of
land, and the easiness of raising provisions, great numbers of |)eoplc would transpor
themselves thither to settle upon such improvement.^ . Now, as people have been
flUed with fears that the colonie.s, if encouraged to raise rough materials, would set
up for themselves, a little rcf^vlation would remove all thot*e jealousies out of the
way. They have never thrown or wove any silk as yet that we have heard of.
Therefore, if a law was made to prohibit tne use of every throwster's mill, of
doubling or horsling silk with any machine whatever, they would then ttnd it to mt
raw. And as they will have th<; providing rough materiafl to themselves, so shall
we have the manufacturing of them. If encouragement be given for raising hemp,
flax, &c., doubtless they will soon begin to manufacture, if not prevented. There*
fore, to stop the progress of anv such manufacture, it is proposed that no weaver
■hall have liberty to set up any looms without first registering at an office kept for
that purpose, and the name and place of abode of any journeyman that shall work
for him. But if any particular inhabitant shall be incUned to have any linen or
woollen made of their own spinning, they should not be abridged of the same liber-
ty that they now make use of, namely, to carry to a weaver, (who shall be lirennd
, by the governor,) and have it wrought up for the use of the family, but not to be sold
' to any person in a private manner, nor exposed to any market or fair, upon pain of
forfeiture.
** And, inasmuch as they have been supplied with all their manufactures from
\ hence, except what is used in building of ships and other countn- work, one half of
our exports being supi>osed to be in NAILIS^ — a manufacture which they allow has
never hitherto been carried on among them— it is proposed they shall, for time to
eonUy never erect the manufacture of any under the size of a two shilling nail, horse
nails excepted ; that all slitting mills and engines, for drawing wire, or weaving
Iftockings, be mU dotm, and that every smith who keeps a common forge or shop,
■hall register nis name and place of abode, and the name of every servant which he
•hall employ, which license shall be renewed once every vear, Rndpay for the liberty
of working at such trade. That all negroes shall be pronibited from weaving either
linen or woollen, or spinning or combing of wool, or working at any manufacture of
iron, further than making it into pig or oar iron. That they also be prohibited from
manufacturing hats, stockings, or leather of any kind. This limitation will not
abridge the planters of any pnvilege they now enjoy. On the contrary, it will turn
their industry to promoting and raising those rough materials.'*
The author then proposes that the hoard of trade and plantations
should be furnished with statistical accounts of the various permitted
mimu&ctures, to enable them to encourage or depress the industry of
the colonists, and prevent the danger of interference with British in
dnstry.
IK DB71X0E Or-THS AMERICAN SYSTEM. 99
** It is hoped that this method would allay the heat that iome peifU hare riiows
for cieatroyio^ the iroa w rks on the plantations, and pullin|[ down aU their foTge»—
taking away in a violent manner their estates and prop^^rties— preventinK the hu»>
bandinen from getting their ploughshares, carts, and other utensils mendea : destroy-
ing* the manufacture of ship building, by depriving them of the liberty of making
bolt?, spikes, and other thin^ proper for carrying on that work, by which articte
returns are made for purchasing our woollen manufactures.*'— Pages 87, 88, 89.
Such is the picture of colonists dependent upon the mother coun-
try for their necessary supplies, drawn by a writer who was not among
the number of those who desired to debar them the means of building
a vessel, erecting a forge, or mending a ploughshare, but who was
willing to promote their growth and prosperity as ^ as was consist-
ent with the paramount interests of the manu&cturing or parent
State.
" 2. The advantages to Great Britain from keeping the colonists dependent on her
for their essential supplies.
" If we examine into the circumstances of the inhabitants of our plantations, and
our own, it will appear that not one fourth part of their product redounds to their
tfum profit, for, out of all that comes here, tney only carry back clothipg and other
accommodations for their families, all of which is of the merchandise and manufac-
ture of this kingdom."
After showing how this system tends to concentrate all the surplus
of acquisition over absolute expenditure in England, he says :
'* All these advantages we receive by the plantations, bendes the mortgages on
the planter's estates, and the high interest they pay us, which is very considerable ;
and therefore very great care ought to be taken in regulating all the affairs of the
colonists, that the pUnteri be not put under too man^ aificuUitt, but encouraged to
go on cheerfully.
*' New England, and the northern colonies, have not commodities and productr
eoongh to send us in return for purchasing their necessarv clothing, but are under
very great ditficulties ; and therefore any ordinary sort sell with them. And when
they have grown out otfoihUm with us, they are new-fashioned enough there.'*
Sir, I cannot go on with this disgusting detail. Their refuse goods,
their old shop keepers, their cast-off clothes good enough for us!
Was there ever a scheme more artfully devised by which the ener-
gies and fisusulties of one people should be kept down and rendered
irabservient to the pride, and the pomp, and the power of another !
The system then proposed differs only from that which is now recom-
mended, in one particular ; that was intended to be enforced by pow-
er, this would not be less effectually executed by the force of circum-
stances. A gentleman in Boston, (Mr. Lee,) the agent of the free
trade convention, from whose exhaustless mint there is a constant
usue of reports, seems to envy the blessed condition of dependent
Canada, when compared to the oppressed state of this Union ; and it
30 tPSECHSS OF HSNRT CLAT.
is a fiiir inference from the view which he presents, that he would
have us hasten back to the golden days of that colonial bondage,
which is so well depicted in the work from which I have been quo-
ting. Mr. Lee exhibits two tabular statements, in one of which ha
presents the high duties which he represents to be paid in the ports
of the United States, and in the other, those which are paid in Can-
ada, generally about two per cent, ad valorem. But did it not occur
to him that the duties levied in Canada are paid chiefly in Britidi
manufactures, or on articles passing from one part to another of a
common empire ; and that to present a parallel case in the United
States, he ought to have shown that importations made into one State
from another, which are now free, are subject to the same or higher
duties than are paid in Canada ?
I will now, Mr. President, proceed to a more particular considera-
tion of the arguments urged against the Protective System, and an in-
quiry into its practical operation, especially on the cotton growing
country. And as I wish to state and meet the argument fairly, I in-
vite the correction of my statement of it, if necessary. It is alleged
that the system operates prejudicially to the cotton planter, by dimin-
ishing the foreign demand for his staple ; that we cannot sell to Great
Britain unless we buy from her ; that the import duty is equivalent
to an export duty, aud falls upon the cotton grower ; that South Ca-
rolina pays a disproportionate quota of the public revenue ; that an
abandonment of the protective |)olicy would lead to an augmentation
of our exports of an amount not less than one hundred and fifty mill*
ions of dollars ; and finally, that the South cannot partake of the ad-
vantages of manufacturing, if there be any. Let us examine these
various propositions in detail. 1. That the foreign demand for cot-
ton is diminished ; aud that we cannot sell to Great Britain unless wa
buy from her. The demand of t)oth our great foreign customers is
constantly and annually increasing. It is true, that the ratio of the
increase may not be equal to that of production ; but this is owing to
the fact that the power of producing the raw material is much great-
er, and is, therefore, constantly in advance of the power of consump-
tion. A single fact will illustrate. The average produce of laboren
engaged in the cultivation of cotton, may be estimated at five bales, or
fifteen hundred weight to the hand. Supposing the annual average
oonsumption of each individual who uses cotton cloth to be five
nr DBFKMCE OF THS AMSRICAlf ST8TM. 31
]Kmiid8, one band can produce enough of the raw material to clothe
three hundred.
The argument comprehends two errors, one of fact and the other
of principle. It assumes that we do not in fact purchase of Great
Britain. What is the true state of the case ? There are certain,
but Yerj few articles which it is thought sound policy requires that
we should manu£Eu;ture at home, and on these the tariff operates.
But, with respect to all the rest, and much the larger number of ar-
ticles of taste, fashion, and utility, they are subject to no other than
revenue duties, and are freely introduced. 1 have before n\e from the
treasury a statement of our imports from England, Scotland and Ire-
land, including ten years, preceding the last, and three quarters of
th^ last year, from which it will appear that, although there are some
fluctuations in the amount of the different years, the largest amount
imported in any one year has been since the tariff of 1824, and that
the last year's importation, when the returns of the fourth quarter
shall be received, will probably be the greatest in the whole term of
eleven years.
Now, if it be admitted that there is a less amount of the protected
articles imported from Great Britain, she may be, and probably is,
compensated for the deficiency, by the increased consumption in
America of the articles of her industry not falling within the scope of
the policy of our protection. The establishment of manu&ctures
among us excites the creation of wealth, and this gives new powen
of consumption, which are gratified by the purchase of foreign objects
A poor nation can never be a great consuming nation. Its poverty
will limit its consumption to bare-subsistence.
The erroneous principle which the argument includes, is, that it
devdives on us the duty of taking care that Great Britain shall be en-
abled to purchase from us without exacting from Great Britain the
corresponding duty. If it be true, on one side, that nations are bound
to shape their policy in reference to the ability of foreign powers, it
most be true on both sides of the Atlantic. And this reciprocal obli-
gation ought to be emphatically regarded towards the nation supply*
ing the raw material, by the manufacturing nation, because the in-
dustry of the latter gives four or five values to what had been pro-
dooed by the industry of the former.
^ SPKICRU OF HKNRT CLAT.
But, doei Great Britain practice towards us upon the principlei
which we are now required to observe in regard to her ? The ex-
ports to the United Kingdom, as appears from the same treasury
statement just adverted to, during eleven years, from^ 1S21 to 1881,
and exclusive of the fourth quarter of the last year, fiill short of the
amount of imports by upwards of forty-six millions of dollars, and the
total amount, when the returns of that quarter are repeived, will ex-
ceed fifty millions of dollars ! It is surprising how we have been
able to sustain, for so long a time, a trade so very unequal. We
must have been absolutely ruined by it, if the un&vorable balance
had not hpen neutralized by more profitable commerce with other
parts of the world. Of all nations, Great Britain has the least cause
to complain of the trade between the two <;oun tries. Our imports
from that single power are nearly one-third of the entire amount of
our importations from all foreign countries together. Great Britain
constantly acts on the maxim of buying only what she wants and
cannot produce, and selling to foreign nations the utmost amount she
can. In conformity with this maxim, she excludes articles of prime
necessity produced by us — equally, if not more necessary than any of
her industry which we tax, although the admission of those articles
would increase our ability to purchase from her, according to the ar-
"niment of gentlemen.
If we purchased still less from Great Britain than we do, and our
conditions were reversed, so that the value of her imports from this
country exceeded that of her exports to it, she would only then be
compelled to do what we have so long done, and what South Caro-
lina does, in her trade with Kentucky, make up for the unfavorable
balance by trade with other places and countries. How does she
now dispose of the one hundred and sixty millions of dollars worth
of cotton fabrics, which she annually sells ? Of that amount the
United States do not purchase five per cent. What becomes pf the
other ninety-five per cent ? Is it not sold to other powers, and would
not their markets remain, if ours were totally shut ? Would she not
continue, as she now finds it her interest, to purchase the raw mate-
rial firom us, to supply those markets ? Would she be guilty of the
folly of depriving herself of markets to the amount of upwards of
one hundred and fifty millions of dollars, because we refused her a
market for some eight or ten millions ?
IN DEFENCE OF THE AMERICAN STSTEM. 33
But if there were a diminution of the British demand for cotton
equal to the loss of a market for the few British fabrics which are
within the scope of our protective policy, the question would still
remain, whether the cotton planter is not amply indemnified by the
creation of additional demand elsewhere ? With respect to the cot-
ton-grower, it is the totality of the demand, and not its fUitributionj
which efiects his interests. If any system of policy will augment the
aggregate of the demand, that system is fevorable to his interests,
although its tendency may be to vary the theatre of the demand. It
could not, for example, be injurious to him, if, instead of Great Brit-
ain continuing to rebeive the entire quantity of cotton which she now
does, two or three hundred thousand bales of it were taken to the
other side of the channel, and increased to that extent, the French
demand. It would be better for him, because it is always better to
have several markets than one. Now, if, instead of a transfer to the
opposite side of the channel, of those two or three hundred thousand
bales, they are transported to the northern States, can that be injuri-
ous to the cotton grower ? Is it not better for him ? Is it not better
to have a niarket at home, unafiected by war or other foreign causes,
lor that amoimt of his staple ?
If the establishment of American manufactures, therefore, had the
sole effect of creating a new and an American demand for cotton, ex-
actly to the same extent in which it lessened the British demand, there
would be no just cause of complaint against the tariff. The gain in
one place would precisely equal the loss in the other. But the true
state of the matter is much more favorable to the cotton grower. It
is calculated that the cotton manufactories of the United States absorb
at least two hundred thousand bales of cotton annually. I believe it to
be more. The two ports of Boston and Providence alone received dur-
ii^ the last year, near one hundred and ten thousand bales. The amount
it annually increasing. The raw material of that two hundred thousand
bales is worth six millions, and there is an additional value conferred
by the manu&cturer of eighteen millions ; it being generally calculated
that, m such cotton fabrics as we are in the habit of making, the manu <
&cture constitutes three-fourths of the value of the article. If, there-
fore, these twenty-four millions worth of cotton fabrics were not made
in the United States, but were manufactured in Great Britain, in or-
der to obtain them, we should have to add to the already enormous
disproportion between the amount of our imports and exports^ in the
34 SPKKCHB8 OF HElfRT CLAT.
trade with Great Britain, the further sum of twenty-four millions, or
deducting the price of the raw material, eighteen millions ! And will
gentlemen tell me how it would be possible for this country to sustain
such a ruinous trade ? From all that portion of the United States
lying North and East of James River, and West of the mountains,
Grreat Britain receives comparatively nothing. How would it be
possible for the inhabitants of that largest portion of our territory, to
supply themselves with cotton fabrics, if they were brought from
England exclusively ? They could not do it. But for the existence
of the American manufacture, they would be compelled greatly to
curtail their supplies, if not absolutely to suffer in their comforts.
By its existence at home, the circle of those exchanges is created
which reciprocally diffuses among all who arc embraced within it the
productions of their respective industry. The cotton-grower sells
the raw material to the manufacturer ; he buys the iron, the bread,
the meal, the coal, and the countless number of objects of his con-
sumption from his fellow-citizens, and they in turn purchase his
fabrics. Putting it upon the ground merely of supplying those with
necessary articles who could not otherwise obtain them, ought there
to be from any quarter, an objection to the only system by which that
object can be accomplished ? But can there be any doubt, with those
who will reflect, that the actual amount of cotton consumed is in-
creased by the home manufacture ? The main argument of gentle-
men is founded upon the idea of mutual ability resulting from mutual
exchanges. They would furnish an ability to foreign nations by pur-
chasing from them, and I to our own people, by exchanges at home.
If the American mauufacture were discontinued, and that of England
were to take it^j place, how would she sell the additional quantity of
twenty-four millions of cotton goods, which we now make ? To us ?
That has been shown to be impracticable. To other foreign nations ?
She has already pushed her supplies to them to the utmost extent
The ultimate consequence would then be, to diminish the total con-
sumption of cotton, to say nothing now of the reductio;) of price that
would take place by throwing into the ports of Great Britain the two
hundred thousand bales, which no longer being manufactured in the
United States would go thither.
That the import duty is equiyalent to an export duty, and falls on
the producer of cotton.
4N DEFSNCE Of TRS AMERICAN SYSTEM. 35
[Here General Hajne explained, and said that he never contended that an import
doty was equivalent to an export duty, under all circumstances ; he had explained
in tiis speech his ideas of the precise operation of (he existing syslvm. To which
Mr. Clay replied, that he had seen the argument so stated in some of the ingenious
essays from the South Carolina press, and would therefore answer it.]
The framers of our Constitution, by granting the power to Con-
gress to lay imports, and prohibiting that of laying an export duty,
manifested that they did not regard them as equivalent. Nor does
the common sense of mankind. An export duty fastens upon, and
incorporates itself with, the article on which it is laid. The article
cannot escape from it — it pursues and follows it, wherever the article
goes ; and if, in the foreign market, the supply is above or just equal
to the demand, the amount of the export duty will be a clear deduc-
tion to the exporter from the price of the article. But an import du-
ty on a foreign article leaves the exporter of the domestic article free,
1st, to, import specie ; 2dly, goods which are free from the protect-
ing duty ; or, 3dly, such goods as being chargeable with the protect-
ing duty, he can sell at home, and throw the duty on the consumer.
But, it is confidently argued that the import duty falls upon the grow-
er of cotton ; and the case has been put in debate, and again and again
in conversation, of the South Carolina planter, who exports one hun-
dred bales of cotton to Liverpool, exchanges them for one hundred
bales of merchandise, and, when he brings them home, l)eing compelled
to leave, at the custom-house, forty bales in the form of duties. The
argument is founded on the assumption that a duty of forty per cent,
amounts to a subtraction of forty from the one hundred bales of mer-
chandise. The first objection to it is, that it supposes a case of barter,
which never occurs. If it be replied, that it nevertheless oc-curs in the
operations of commerce, the answer would be that, since the export
of Carolina cotton is chiefly made by New York or foreign merchants,
the loss stated, if it really accrued, would fall upon them, and not upon
the planter. But, to test the correctness of the hypothetical case, let us
suppose that the duty, instead of forty per cent., should be one hundred
and fifly, which is asserted to be the duty in some cases. Then, the
planter would not only lose the whole hundred bales of merchandise,
which he had gotten for his hundred bales of cotton, but he would
have to purchase, with other means, an additional fifty bales, in order
to enable him to pay the duties accruing on the proceeds of the cot-
ton. Another answer iS| that if the producer of cotton in Americai
86 tPSXCHSS OF HENRT CLAT.
exchanged against English fabrics pays the duty, the producer of
those fiaibrics also pays it, and then it is twice paid. Such must be
the consequence, unless the principle is true on one side of the Atlan-
tic, and false on the other. The true answer is, that the exporter of
an article, if he invests its proceeds in a foreign market, takes care to
make the investment in such merchandise, as when brought home,
he can sell with a fair profit ; and, consequently, the consumer would
pay the original cost, and charges and profit.
3. The next objection to the American System is, that it subjects
South Carolina to the payment of an undue proportion of the public
revenue. The basis of this objection is the assumption, shown to
have been erroneous, that the producer of the exports from this coun-
try pays the duty on its imports, instead of the consumer of those
imports. The amount which South Carolina really contributes to
the public revenue, no more than that of any other State, can be pre-
cisely ascertained. It depends upon her consumption of articles pay-
ing duties, and we may make an approximation sufficient for all prac-
tical purposes. The cotton planters of the valley of the Mississippi
with whom I am acquainted, generally expend about one-third of
their income in the support of their families and plantations. On this
subject I hold in my hands a statement from a friend of mine, of great
accuracy, and a member of the Senate. According to this statement,
in a crop of ten thousand dollars, the expenses may fluctuate between
two thousand eight hundred dollars and three thousand two hundred
dollars. Of this sum, about one-fourth, from seven to eight hundred
dollars, may be laid out in articles paying the protecting duty ; the
residue is disbursed for provisions, mules, horses, oxen, wages of
overseer, kjz. Estimating the exports of South Carolina at eight
millions, one-third is two millions six hundred and sixty>six thousand
six hundred and sixty-six dollars ; of which one-fourth will be six
hundred and sixty-six thousand six hundred and sixty-six and two-
thirds dollars. Now supposing the protecting duty to be fifty per
cent., and that it all enters into the price of the article, the amount
paid by South Carolina would only be three hundred and thirty-three
thousand three hundred and thirty-three and one third dollars. But
the total revenue of the United States may be stated at twenty-five
millions, of which the proportion of South Carolina, whatever stand-
ard, whether of wealth or population, be adopted, would be about
one milKon. Of oourse, on this view of the subject, she actually
IN DEFENCE OF THE AMERICAN SYSTEM. 87
pays only about one-third of her fair and legitimate share. I repeat,
that I have no jx^rsonal knowledge of the habits of actual expenditure
in South Carolina ; they may be greater than I have slated, in re^
spect to other parts of the cotton country ; but if they are, that fact
does not arise from any defect in the system of public policy.
4. An abandonment of the American System, it is urged, would
Iciidto an addition to our exports of one hundred and fifty millions of
dollars. The amount of one hundred and fifty millions of cotton in
the raw state, would produce four hundred and fifty millions in the
manufactured state, supposing no greater measure of value to be com*
municated, in the manufactured form, thau that which our industry
imparts. Now sir, where would markets be found for this vast ad«
dition to the supply ? Not in the United States, certainly, nor in
any other quarter of the globe, England having already everywhere
pressed her cotton manufactures to the utmost point of repletion. We
must look out for new worlds ; bcek for new and unknown races of
mortals to consume this immense increase of cotton fabrics.
(General Hayne said (hat he did not mean that the incroa.^c of one hundred and
flfly millioDs to the amoant of our exports would be of cotton alone, but of other
uticies.]
What other articles ? Agricultural produce — bread studs, beef and
pork ? &c. Where shall we find markets for them r Wiither shall we
go ? To what country whose ports are^not hermetically sealed against
their admission ? Break down the home market and you are without
resource ? Destroy all other interests in the country for the imagina-
ry purpose of advancing the cotton planting interest, and you inflict a
positive injury, without the smallest practical benefit to the cotton
planter. Could Charleston^ or the whole South, when all other mur«
kets are prostrated, or shut against the reception of the surplus of our
iiurmers, receive that surplus r W^ould they buy more than they
might want for their own consumption ? Could they find markets
which other parts of the Union could not r Would gentlemen /orce
the freemen of all north of James river, east and west, like the mia*
erable slave, on the Sabbath day, to repair to Charleston, with a tur*
key under his arm, or a pack upon his back, and beg the clerk of
some English or Scotch merchant, living in his gorgeous palace, or
rolling in his splendid coach in the streets, to exchange his " truck**
fcii( a hit of fltt^el tjo cover his naked wife and children! No! lam
•C
M tPKKCHES or HEHBT CLAT.
tore that I do no more than justice to their hearts, when I belierr
that they would reject, what I believe to be the inevitable effecti
of their policy.
5. But it is contended, in the last place, that the South cannot,
from physical and other causes, engage in the manufacturing arts. 1
deny the premises, and I deny the conclusion. I deny the fact of in-
ability, and, if it existed, I deny the conclusion, that we must, there-
fore, break down our manufactures, and nourish those of foreign coun
tries. The South possesses, in an extraordinary degree, two of th#
most important elements of manufacturing industry — water-power
and labor. The former gives to our whole country a most decided
advantage over Great Britain. But a single experiment, stated by
the gentleman from South Carolina, in wich a faithless slave put th<»
torch to a manufncturing establishment, has discouraged similar en-
terprises. We have in Kentucky the same description of population,
and we employ them, and almost exclusively them, in many of our'
hemp manufactories. A neighbor of mine, one of our most opulent
and respectable citizens, has had one, two, if not three, manufactories
burnt by incendiaries ; but he persevered, and his perseverance haa
been rewarded with wealth. We found that it was less expensive to
keep night watches than to pay premiums for insurance, and we em
ployed them.
Let it be supposed, however, that the South cannot manufacture ,
must those parts of the Union which can, be, therefore, prevented ?
Must we support those of foreign countries .' I am sure that injustice
would be done to the generous and patriotic nature of South Caroli-
na, if it were believed that she envied or repined at the success of
other poitions of the Union in branches of industry to which she
might happen not to be adapted. Throughout her whole career she
has been liberal, national, high-minded.
The friends of the American System have been reminded by the
honorable gentleman from Maryland, (General Smith,) that they are
the majority, and he has admonished them to exercise their power in
moderation. The majority ought never to trample npon the feelings,
or violate the just rights of the minority. They ought never to tri*
iUnpo over the fidien, nor to make any but a temperate and equitable
liie of their power. Bat these connsds come with an ill grace from
IN DSnorCE OF TBK AJUUUCAH 8Y8TM. '%
the gentlemftn firom Maryland. He, too, is a member of a majority-—
« political majority. And how has the administration of that major-
ity exercised their power in this country ? Recall to your recollee-
tiou the 4th of March, 1829, when the lank, lean, famished forms,
from fen and forest, and the firar quarters of the Union, gathered to-
gether in the halls of patronage ; or stealing by evening's twi light
into the apartments of the President's mansion, cried out, with ghMt-
ly faces, and in sepulchral tones, ^^ Give us bread ! give us treasury
pap ! give us our reward !" England^ bard was mistaken ; ghosts
will fiometiincs come, called or uncalled. Go to the families who
were driven from the employments on which they were dependcmt
ibr subsistence, in consequence of their exercise of the dearest right
of freemen. Go to mothers, while hogging to their bosoms their
starving children. Go to fathers, who, after being disqualified by
long public service for any other business, were stripped of their hnm-
ble places, and then sought, by the minions of authority, to be stripped
of 'all that was left them — their good names — and ask, what mercy
was shown to them ! As for myself, born in the midst of the revolu-
tion, the first air that I ever breathed on my native soil of Virginia,
having been that of liberty and independence, I never expected jus-
tice, nor desired mercy at their hands ; and scorn the wrath and dvfy
the oppression of power.
1 regret, Mr. President, tnat one topic has, I think, unnecessarily
been introduced' into this debate. I allude to the charge brought
against the manufacturing system, as favoring the growth of aristoc-
racy. If it were true, would gentlemen prefer supporting foreign
aecumulations of wealth, by that description of industry, rather than
in their own country ? But is it correct ? The joint stock companies
of the north, as i understand them, are nothing more than associa-
tions, sometimes of hundreds, by means of which the small earnings
of many are brought into a common stock, and- the associates, ob-
taining corporate privileges, are enabled to prosecute, under one su-
perintending bead, their business to better udvantage. Nothing can
be more essentially democratic or better devised to counterpoise the
influence of individual wealth. In Kentucky, almost every manufac*
toiy kBOwn to me, is in the hands of enterprising and self-made men,
who have acquired whatever wealth they possess by patient and dil-
%aDt labor. Comparisons are odious, and but in defence, would not
beauide bfie^ Qui is there more tendency to aristocracy in a miu^
I
40 tPKECHES OF HENRY CLAY.
xdactOTY supporting hundreds of freemen, or in a cotton plantation,
with its not less numerous slaves, sustaining perhaps only two white
fiunilies — that of the master and the overseer ?
I pass, with pleasure, from this disagreeable topic, to two general
propositions which cover the entire ground of debate. The first is,
that under the operation of the American System, the objects which
it protects and fosters are brought to the consumer at cheaper prices
than they commanded prior to its introduction, or, than they would
command if it did not exist. If that be true, ought not the countr>
to be contented and satisfied with the system, unless the second pro-
position, which I mean presently also to consider, is unfounded ? And
that is, that the tendency of- the system is to sustain, and that it ha5
upheld the prices of all our agricultural and other produce, including
cotton.
And is the fact not indisputable, that all essential objects of con-
sumption affected by the tariff, are cheaper and better since the act of
1S24, than they were for several years prior to that law ? I appeal
for its truth to common observation and to all practical men. I appeal
to the farmer of the country, whether he does not purchase on belter
terms his iron, salt, brown sugar, cotton* goods, and woollens, for his
laboring people ? And I ask the cotton planter if he has not been
better and more cheaply supplied with his cotton bagging ? In re-
gard to this latter article, the gentleman from South Carolina was
mistaken in supposing that I complained that, under the existing duty
the Kentucky manufacturer could not compete with the Scotch. The
Kentuckian furnishes a more substantial and a cheaper article, and at
a more uniform and regular price. But it wa.s the frauds, the viola-
tions of law of which I did complain ; not smuggling, in the common
sense of that practice, which has something bold, daring, and enter-
prising in it, but mean, barefaced cheating, by fraudulent invoices and
fidse denomination.
I plant myself upon this fact, of cheapness and superiority, as upon
impregnable ground, txentlemen may tax their ingenuity and pro-
duce a thousand speculatire solutions of the fact, but the fact itself
will remain undisturbed. Let us look into some particulars. The
total consumption of bar iron in the United States is supposed to be
about 146,000 tons, of which 1 12,866 tons are made within the oonn-
trjf and the reridoe imported. The nomber of men employed in the
IN DKFUrci or TBS AHERICAir ITSTIM. 41
Bumfacture is estimated at 29^254, and the total number of persona
•ubsisted by it, at 146,273. The measure of protection extended to
this necessary article, was never fully adequate until the passage of
the act of 1828 ; and what has been the consequence ? The annual
increase of quantity, since that period, has been in a ratio of near
twenty-five per cent., and the wholesale price of bar iron in the
northern cities was, in 1828, $105 per ton, in 1829, $100, in 1830
$90, and in 1831, from $85 to $75— constantly diminishing. We
import very little English iron, and that which we do, is very inferior,
and only adapted to a few purposes. In instituting a comparison be«
tween that inferior article and our superior iron, subjects entirely dif-
ferent are compared. They ar6 nuule by different processes. The
English cannot make iron of equal quality to ours, at a less price than
we do. They have three classes, best-best, and best and ordinary.
It is the latter which is imported. Of the whole amount imported,
there is only about 4,000 tons of foreign iron that pays the high duty,
the residue paying only a duty of about thirty per cent., estimated oq
the pricey of the importation of 1829. Our iron ore is superior to
that of Great Britain, yielding often from sixty to eighty per cent.,
while theirs produces only about twenty-five. This fact is so well
known, that I have heard of recent exportations of iron ore to Eng-
land.
It has been alleged, that bar iron, being a raw material, ought to be
admitted free, or with low duties, for the sake of the jnanufacturers
themselves. But I take this to be the true principle, that if our coun-
try is producing a raw material of prime necessity, and with reason-
able protection, can produce it in sufficient quantity to supply our
wants, that raw material ought to be protected, although it may be
proper to protect the article also out of which it is manufactured.
The tailor will ask protection for himself, but wishes it denied to the
grower of wool and' the manufacturer of broadcloth. The cotton
planter enjoys protection for the raw material, but does not desire it
to be extended to the cotton manufacturer. The ship builder will
mik protection for navigation, but does not wish it extended to the
essential articles which enter into the construction of his ship. Each
in his proper vocation solicits protection, but would have it denied to
all other interests which are supposed to come into collision with his.
Mow the duty of the statesman is, to elevate himself above these
43 tPBCHU OF HElfBT CLAT.
petty conflicts ; calmly to survey all the tbtioos interests, and delib-
erately to proportion the measures of protection to each, according to
its nature and to the general wants of society. It is quite possible
that, in the degree of protection which has been afibrdod to the va-
rious workers in iron, there maybe some error committed, although I
have lately read an argument of much ability, proving that no injustice
has really been done to them. If there be, it ought to be remedied.
The next article to which I would call the attention of the Senate,
is that of cotton fabrics. The success of our manufacture of coarse
cottons is generally admitted. It is demonstrated by the fact that
they meet the cotton fabrics of other countries, in foreign markets,
and maintain a successful competition with them. There has been
a gradual increase of the exports of this article, which is sei)t to
Mexico and the South American Republics, to the Mediterranean, and
even to Asia. The remarkable feet was lately communicated to'me,
that the same individual, who twenty-five years ajro was engaged fn
the importation of cotton cloth from Asia for American consumption,
is now engaged in the exportation of coarse American cottons to As^a,
for Asiatic consumption ! And my honorable friend from Massachu-
setts, now in my eye, (Mr. Silsbee,) informed mc that on his depart-
ure from home, among the last orders which he gave, one was for the
exportation of coarse cottons to Sumatra, in the vicinity of Calcutta !
I hold in my hfind a statement, derived from the most authentic source,
showing that the identical description of cotton cloth, which sold in
1817, at twenty-nine cents per yard, was sold in ISIO at twent^'-one
cents, in 1821 at nineteen and a half cents, in 1^23 at seventeen cents,
in 1S25 at fourteejfi and a half cents, in 1827 at thirteen cents, in 1829
at nine cents, in 1830 at nine and a half cents, and in 1831 at from
ten and a half to eleven. Such is the wonderful effect of protection^
competition, and improvement in skill, combined ! The year 1S29 was
one of some suffering to this branch of industry, probably owing to the
principle of competition being pushed too for. Hence we observe a
small rise in the article of the next two years. The introduction of
calico printing into the United States, constitutes an important era in
oar manufacturing industr}^ It commenced about the year 1S25, and
has since made such astonishing advances, that the whole quantity
now annually printed is but little short of forty millions of j-ards —
about two-thirds of our whole consumption. It is a beautiful manu-
ftctnre, combining great mechanical skill with scientific discovcrict
^
IV DKnmcs OF the amkeican system. 43
in chemistry. The engraved cyliDders for making the impression
require much taste, and put in requisition the genius of the fine arte
of design and engraving. Are the fine graceful forms of our fair
countrywomen less lovely vrhen enveloped in the chintses and cali-
coes produced hy native industry, than when clothed in the tinsel of
of foreign drapery ?
Gentlemen are no doubt surprised at these fiBicts. They should
not underrate the energies, the enterprise, and the skill of our fellow-
citizens. I have no doubt they are every way competent to accom-
plish whatever can be efiected by any other people, if encouraged
and protected by the fostering care of our own government. Will
gentlemen believe the fact, which I am authorised now to state, that
the United States, at this time, manufacture one-half the quantity of
cotton which Great Britain did in 1816 ! We possess three great
advantages; 1st. The raw material. 2d. Water power instead of
that of steam, generally used in England. And 3d. The cheaper
labor of females. In England, males spin with the mule and weave ;
in this country women and girls spin with the throstle, and superin-
tend the power loom. And can there be any employment more ap-
IHTopriate ? AVho has not been delighted with contemplating the
clock-work regularity of a large cotton manufactory ? I have often
visited them at Cincinnati and other places, and always with increas-
ed admiration. The women, separated firom the other sex, work in
apartments, large, airy, well warmed and spacious. Neatly dressed,
with rudy complexions, and happy countenances, they watch the
work before them, mend the broken threads, and replace the exhaust-
ed balls or broaches. At stated hours they are called to their meals,
and go and return with light and cheerful step. At night they sepa-
rate, and repair to their respective houses, under the care of a mother,
guardian cr friend. '^ Six days shalt thou labor and do all that thou
hast to do, but the seventh day is the Sabbath of the Ix>rd thy God.''
Accordingly, we behold them, on that sacred day, assembled together
in His Temples, and in devotional attitudes and with pious counte*
nances ofiering their prayers to Heaven for all its blessings, of which
it is not the least that a system rf policy has been adopted by their
country, which admits of their obtaining a comfortable subsistence.
Manufactures have brought into profitable employment a vast
amount of female labor, which, without them, would be lost to the
eountry.
44 tPEECHEB or HEKRT CLAT.
In respect to woollens, every gentleman's own observation and ex*
perience will enable him to judge of the great reduction of price
which has taken place in, most of these articles, since the tariff of
1824. It would have been still greater, but for the high duty on the
raw material, imposed for the particular benefit of the farming interest.
But, without going into particular details, I shall limit myself to in^
viting the attention of the Senate to a single article of general and
necessary use. The protection given to flannels in 1828 was folly
adequate. It has enabled the American manufacturer to obtain com-
plete possession of the American market ; and now, let us look at the
effect. I have before me a statement from a highly respectable mer^
cantile house, showing the price of four descriptions of flannel, during
six years. The average price of them, in 1826, was thirty-eight and
three quarter cents ; in 1827, thirty-eight ; in 1828, (the year of the
tariff,) forty-six ; in 1829, thirty-six ; in 1830, (notwithstanding the
advance in the price of wool) thirty-two; and in 1831, thirty-two
and one-quarter. These facts require no comments. I have be-
fore mc another statement of a practical and respectable man, well
versed in the flannel manufacture in America and England, demon-
strating that the cost of manufacture is precisely the same in both
countries ; and that, although a yard of flannel which woul dsell in
England at 15 cents, would command here twenty-two, the difier-
ence of seven cents is the exact difference between the duties in the
two countries, which are paid on the six ounces of wool contained in
a yard of flannel.
Brown sugar, during ten years, from 1792 to 1802, with a duty of
one and a half cents per pound, averaged fourteen cents per pound.
The same article, during ten years, from 1820 to 1830, with a duty
of three cents, has averaged only eight cents per pound. Nails, with
a duty of five cents per pound, are selling at six cents. Window
glass, eight by ten, prior to the tariff of 1824, sold at twelve or thir-
teen dollars per hundred feet ; it now sells for three dollars seventy-
five cents.
The gentleman from South Carolina, sensible of the incontestible
fact of the very great reduction in the price of the necessaries of life^
protected by the American System has felt the full force of it, and
has presented various explanations of the causes to which he ascribes
it. The first is the diminished production of the precious metals, in
IN DKFCNCI or THS AMERICAN SYSTEM. 45
^xnupequence of the distreflsed state of the coontries in which they are
extracted, and the coi^pequent increase of their value relative to that
of the commodities for which they are exchanged. But, if thb be
the true cause of the reduction of price, its operation ought to have
been general, on all objects, and of course upon cotton among the
rest. And, in point of fact, the diminished price of that staple is not
greater than the diminution of the value of other staples of our agri-
culture. Flour, which commanded some years ago, ten or twelve
dollars per barrel, is now sold for five. The fall of tobacco has been
still more. The kite-foot of Maryland, which sold at from sixteen
to twenty dollars per hundred, now produces only four or five. That
of Virginia has sustained an equal decline. Beef, pork, every article
almost, produced by the farmer, has decreased in value. Ought not
South Carolina then to submit quietly to a state of things, which is
general, and proceeds from an uncontrolabie cause ? Ought she to
ascribe to the ^^ accursed'' tariff what results from the calamities of
civil and foreign war, raging in many countries ?
Bat, sir, I do not subscribe to this doctrine implicitly. I do not
believe that the diminished production of the precious metals, if that
be the factj satisficustorily accounts for the fall in prices : For I think
that the augmentation of the currency of the world, by means of
banks, public stocks and other facilities arising out of exchange and
credit, has more than supplied any deficiency in the amount of the
precious metals.
It is fiirther urged that the restoration of peace in Europe, after the
battle of Waterloo, and the consequent return to peaceful pursuits of
large masses of its population, by greatly increasing the aggregate
amount of effective labor, had a tendency to lower prices ; and un-
doubtedly such ought to have been its natural tendency. The same
cause, however, must also have operated to reduce the price of our
agricultural produce, for which there was no longer the same demand
in peace as in war — and it did so operate. But its influence on the
price of manufactured articles, between the general peace of Europe
in 1815, and the adoption of our tariff in 1824, was less sensibly felt,
because, perhaps, a much larger portion of the labor, liberated by the
dtsbandment of armies, was absorbed by manufactures than by agri*
culture. It is also contended that the invention and improvement of
labor isving machinery have tended to lessen the prices. of manufiic*
46 tPEICHU OF HEICBT CLAJ-
tared objects of consumption ; and onqoubtedly this cause has bad
some eflfect. Ought not America to contribute her quota of tiiis cause,
and has she not, by her skill and extraordinary adaptation to the arts,
in truth, largely contributed to it ?
This brings me to consider what I apprehend to iiave been the
most efficient of all the causes in the reduction of the prices of manu«
factured articles — and that is competition. By competition, the to-
tal amount of the supply is increased, and by increase of the supply,
a competition in the sale ensues, and this enables the consumer to
buy at lower rates. Of all human powers operating on the afiairs
of mankind, none is greater than that of competition. It is action
and re-action. It operates between individuals in the same nation,
and between different nations. It resembles the meeting of the moun-
tain torrent, grooving by its pvficipitous motion, its own channel, and
ocean ^s tide. Unopposed, it sweeps every thing before it ; but, coun-
terpoised, the waters become calm, safe and regular. It is like the
segments of a circle or an arch ; taken separately, each is nothing ;
but in their combination they produce efficiency, symmetry, and per-
fection. By the American System this vast power has been excited
in America, and brought into being to act in co-operation or collision
with European industry. Europe acts within itself, and with Ame-
rica ; and America acts within itself, and with Europe. The conse-
quence is, the reduction of prices in both hemispheres. Nor is it fair
to argue from the reduction of prices in Europe, to her own presum-
ed skill and labor, exclusively. We aflbct her prices, and she affects
ours. This must always be the case, at least in reference to any ar-
ticles as to which there is not a total non-intercourse ; and if our in-
dustry, by diminishing the demand for her supplies, should produce
a diminution in the price of those supplies, it would be very unfair to
ascribe that deduction to her ingenuity, instead of placing it to the
credit of our own skill and excited industry.
Practical men understand very well this state of the case, whether
they do or do not comprehend the causes which produce it. I have
in my possession a letter from a respectable merchant, well known to
me, in which he says, after complaining of the operation of the tariff
of 1828, on the articles to which it applies, some of which he had
imported, and that his purchases having been made in England, be-
fore the passage of that tariff was known, it produced such an effect
IN DEFBKCI or THS AlCfiRICAIT f TflTUC. 47
vpon the EDglUh tnaiket, that the articles could not be re-«old with-
out loss, he adds : ^* for it really appears that, when additional duties
are laid upon an article^ it then becomes htcer instead of higher. ^^
This would not probably happen^ where the supply of the foreign
article did not exceed the hoine demand, unless upon the supposition
of the increased duty having excited or ttimulated the measure of the
home production.
The great law o^ price is determined by supply and demand. What-
ever affects either, a^cts the price. If the supply is increased, the
demand remaining the same, the price declines ; if the demand is in-
creased, the supply remainiog the same, the price advances ; if both
supply and demand are undiminished, the price is stationary, and the
price is influenced exactly in proportion to the degree of disturbance
to the demand or supply. It is therefore a great error to suppo.<ie
that an existing or new duty necessarily, becomes a component ele-
ment to its exact amount of price. If the proportions of demand
and supply are varied by the duty, either in augmenting the supply,
or diminishing the demand, or vice versa, price is aflected to the ex*
tent of that variation. But the duty never becomes an integral part
of the price, except in the instances where the demand and the sup-
ply remain after the duty is imposed, precisely what they were before,
or the demand is increased, and the supply remains stationary.
Competition, therefore, wherever existing, whether at home or
abroad, is the parent cause of cheapness. If a high duty excites pro-
duction at home, and the quantity of the domestic article exceeds
the amount which had been previously imported the price will fall.
This accounts for an extraordinary feict stated by a Senator from
Missouri. Three conts were laid as a duty upon a pound of lead,
by the act of 18;^8. The price at Galena, and the other lead mines,
afterwards fell to one and a half cents per pound. Now it is obvious
that the duty did not, in this case, enter into the price : for it was
twiee the amount of the price. What produced the fall ? It was
#ftmii/a/e(i production at home, excited by the temptation of the ex-
clusive possession of the home market. This state of things could
aot last. Men would not continue an unprofitable pursuit ; some
abandoned the business, or the total quantity produced was diminish-
ed, and living prices have been the consequence. But, break down
the domestic supply, fdaoe us again in a state of dependence on the
48 SPEKCHtS OF RXNRT CLAT.
fiyreign source, and can it be doabted that we should ultimately have
to supply ourselves at dearer rates ? It is not iair to credit the for*
eign market with the depression of prices produced there by the io-
flaence of our competition. Let the competition be withdrawn, and
their prices would instantly rise. On this subject, great mistakes are
committed. I have seen some most erroneous reasoning in a late
report of Mr. Lee, of the Free Trade Convention in regard to the ar-
ticle of sugar. He calculates the total amount of brown sugar pro-
duced in the world, and tlien states, that what is made in Louisiana
is not more than two and a half per cent, of that total. Althoi^h
his data may be questioned, let us assume their truth, and what might
be the result ? Price being determined by the proportions of sup-
ply and demand, it is evident that when the supply exceeds the de-
mand, the price will fall. And the fall is not always regulated by
the amount of that excess. If the market at a given price, required
five or fifty millions of hogsheads of sugar, a surplus of only a few
hundred* might materially influence the price, and diffuse itself
throughout the whole mass. Add, therefore, the eighty or one huiH
dred thousand hoghsheads of Louisiana sugar to the entire mass
produced in other parts of the world, and it cannot be doubted that
a material reduction of the price of the article throughout Europe
and America, would take place. The Louisiana sugar substituting
foreign sugar in the home market, to the amount of its annual pro-
duce, would force an equal amount of foreign sugar into other mar-
kets, which being glutted, the price would necessarily decline, and
this decline of price would press portions of the foreign sugar into
competition in the United States, with Louisiana sugar, the price of
which would also be brought down. The fact has been in exact con-
formity with this theory. But now let us suppose the Louisiana su-
gar to be entirely withdrawn from the general consumption — what
then would happen } A new demand would be created in America
for foreign sugar, to the extent of the eighty or one hundred thoQ-
■and hogsheads made in Louisiana ; a less amount by that quantity^
would be sent to the European markets, and the price would conse-
quently everywhere rise. It is not, therefore, those who, by keep-
ing on duties, keep down prices, that tax the people, but those who,
by repealing duties, would raise prices, that really impose burthena
upon the people.
But, it if argued that if, by the fkill, experience, and p^feetion
IN DEFBNCB OF THE AMERICAN 8T8TEM. 49
which we have acquired in certain branches of manufacture, they
can be made as cheap as similar articles abroad, and enter fairly into
competition with them, why not repeal the duties as to those articles?
And why should we ? Assuming the truth of the supposition the
foreign article would not be introduced in the regular course of trade,
but would remain excluded by the possession of the home market,
which the domestic article had obtained. The repeal, therefore,
would have no legitimate effect. But might not the foreign article
be imported in vast quantities, to glut our markets, break down our
establishments, and ultimately to enable the foreigner to monopolize
^l|e supply of our consumption? America is the greatest foreign
market for European manufactures. It is that to which European
attention is constantly directed. If a great house becomes bankruj;^
there, its store-houses are emptied, and the goods are shipped to
America, where, in consequence of our auctions, and our custom*
house credits, the greatest facilities are afforded in the sale of them.
Combinations among manufacturers might take place, or even the
operations of foreign governments might be directed to the destruc-
tion of our establishments. A repeal, therefore, of one protecting
duty, from some one or all of these causes, would be followed by
flooding the country with the foreign fabric, surcharging the market,
reducing the price, and a complete prostration of our manufactories ;
after which the foreigner would leisurely look about to indemnify him-
self in the increased prices which he would be enabled to command
by his monopoly of the supply of our consumption. What American
citizen, afier the government had displayed this vascillating policy,
would be again tempted to place the smallest confidence in the public
fiuthi and adventure once more in this branch of industry ?
Gentlemen have allowed to the manufacturing portions of the
community no peace ; they have been constantly threatened with the
overthrow of the American System. From the year 1820, if not from
1816, down to this time, they have been held in a condition of con-
stant alarm and insecurity. Nothing is more prejudicial to the great
interests of a nation than imsettled and varying policy. Although
every appeal to the national legislature has been responded to in con*
formity with the wishes and sentiments of the great majority of the
people, measures of protection have only been carried by such small
majorities as to excite hopes on the one hand, and fears on the other.
Let the country breathe, let its vast resources be developed, let its
60 tPECCHIf OF RENRY CLAT.
energies be fully put forth, let it have tranquillity, and my word for
it, (he degree of perfection in the arts which it will exhibit, wUl be
greater than that which has been presented, astonishing as our pro-
gress has been. Although some branches of our manufactures might,
and in foreign markets now do, fearlessly contend with similar foreign
fabrics, there are many others yet in their infancy, struggling with
the difficulties which encompass them. We should look at the whole
system, and recollect that time, when we contemplate the great
movements of a nation, is very ditferent from the short period which
is allotted for the duration of individual life. The honorable gentle-
man from South Carolina well and eloquently said, in 1S24, ** No
great interest of any country ever yet grew up in a day ; no new
branch of industry can become firmly and profitably established but
in a long course of years ; every thing, indeed, great or good, is ma-
tured by slow degrees : that which attains a speedy maturity is of
small value, and is destined to a brief existence. It is the order of
Providence, that powers gradually developed, shall alone attain per-
manency and perfection. Thus must it be with our national institu-
tions, and national character itself. ''
I feel roost sensibly, Mr. President, how much I have trespassed
upon the Senate. My apology is a deep and deliberate conviction,
that the great cause under debate involves the prosperity and the
destiny of the Union. But the best requital I can make, for the
friendly indulgence which has been extended to me by the Senate,
and for which I shall ever retain sentiments of lasting gratitude, is
to proceed with as little delay as practicable, to the conclusion of a
discourse which has not been more tedious to the Senate than ex-
hausting to me. I have now to consider the remaining of the two
propositions which I have already announced. That is :
Secondly. That under the operation of the American System, the
products of our agriculture command a higher price than they would
do. without it, by the creation of a home market ; and by the aug-
mentation of wealth produced by manufacturing industry, which en-
larges our powers of consumption both of domestic and foreign arti-
cles. The importance of the home market is among the establidied
maxims which are universally recognised by all writers and all men.
However some may difier as to the relative advantages of the foreigi.
ttid the bome market, ndnd deny to the latter great value and Ul|^
IN DEFSNCt or THE AUBRICASf ITSTKlf. 51
oonaideration. It is nearer to us ; beyond the control of foreign legis-
lation ; and undisturbed by those vicissitudes to which all internation-
al intercourse is more or less exposed. The most stupid are sensible
of the benefit of a residence in the vicinity of a large manufactory, or
of a market town, of a good road, or of a navigable stream, which
connects their farms with some great capital. If the pursuits of all
men were perfectly the same, although they would be in possession
of the greatest abundance of the particular produce of their industry,
they might, at the same time, be in extreme want of other necessary
articles of human subsistence. The uniformity of the general occu-
pation would preclude all exchanges, all commerce. It is only in the
diversity of the vocations of the members of a community that the
means can be found for those salutary exchanges which conduce to
the general prosperity . Anc^the greater that diversity, the more ex-
tensive and the more animating is the circle of exchange. Even if
foreign markets were freely and widely open to the reception of our
agricultural produce, from its bulky nature, and the distance of the
interior, and the dangers of the ocean, large portions of it could never
profitably reach the foreign market. But let us quit this field of the-
ory, clear as it is, and look at the practical operation of the system of
protection, beginning with the most valuable staple of our agriculture.
In considering this staple, the first circumstance that excites our
surprise, is the rapidity with which the amount of it has annually in-
creased. Does not this fact, however, demonstrate that the cultiva-
tion of it could not haye been so very unprofitable ! If the business
were ruinous, would more and more have annually engaged in it ?
The quantity in 1816, was eighty-one millions of pounds ; in 1826,
two hundred and four millions ; and in 1S30, near three hundred
millions ! The ground of greatest surprise is, that it has been able to
sustain even its present price with such an enormous augmentation of
quantity. It could not have been done but for the combined opera-
tion of three causes, by which the consumption of cotton fabrics has
been greatly extended, in consequence of their reduced prices : 1st.
competition ; 2d., the improvement of labor-saving machinery ; and
3dJy.9 the low price of the raw material. The crop of 1619, amount-
ing to eighty-eight millions of pounds, produced twenty-one millions
of dollars ; the crop of 1823, when the amount was swelled to one
himdred and seveniy-^ar millions (almost double that of 1819,) pro
d«oad a kas Sam Iqf iDoie tfan half a million of dollars ; andthecrop
52 8PEBCHKS OF HENRY CI.AT.
of 1824, amounting to thirty millions of pounds less than that of the
preceding year, produced a million and a half of dollars more.
If there he any foundation for the established law of price, suppiy,
and demand, ought not the fact of this great increase of the supply to
account satisfactorily for the alleged low price of cotton ? Is it neces-
sary to look beyond that single fact to the tariiF— to the diminished
prod uc!boitlie mines furnishing the precious metals, or to any other
cause, for the solution ? This subject is well understood in the South,
and allliough I cannot approve the practice which has been intro*
duced of quoting authority, and still less the authority of newspapers,
for favorite theories, I must ask permission of the Senate to read an
article from a southern newspaper.
[Here General Hayne requested Mr. Clay to give the name of the anthority, that
it might ap()eur whether it was not some other than a southern iwper expressina
southern sentiments, ^{r. Clay stated that it was from the Charlei^ton City Gazette,
one, he believed, of the oldest and most respectable prints in that city, although he
was not sure what might be its sentiments on the question which at present dividei
the people of South Carolina. The article comprises a full explanatioa of the low
price of cotton, and assigns to it its true cause— increased production.]
Let us suppose that the home demand for cotton, which has been
created by the American System, were to cease, and that the two
hundred thousand* bales, which the home market now absorbs, were
thrown into the glutted markets of foreign countries — would not the
eflect inevitably be to produce a further and great reduction in the
price of the article } If there be any truth in the facts and principles
which 1 have before stated and endeavored to illustrate, it cannot be-
doubted that the existence of American manufactures has tended to
increase the demand, and extend the consumption of the raw mate-
rial ; and that, but for this increased demand, the price of the article
would have fallen, possibly one-half lower than it now is. The error
* Mr. Clay stated that he assumed the quantity which was generally computed,
but he believed it moch greater, and subsequent iuformation justifies his belief. It
aiipears from the report of the cotton Committee appointed by the New York Con-
vention, that partial returns show a consumption of upwards of two hundred and
fifty thoosand bales ; that the cotton manufaetnre employs nearly forty thonaand
females, and about five thousand children ; that the total dependents on it are one
hundred and thirty one thousand four hundred eighty-nine ; that the annual wagea
paid are 912,155723 ; the annual value of its products 832,906,(176 ; the capital
944,914,984 ; the number of milb 796; of spindlee, 1,246,606 ; and of doth made,
960,46^90 yards. This statement does not oompnhend the wctfani Binuiaetanik
IM DBTXHCt or TRt AMKRICAll 8T8TBK. 53
of the opposite argnment is, in aMiiining one thing, which being de-
nied, the whole fails; that is, it assumes that the vfhok labor of the
United States would be profitably employed without manu&ctures.
Now, the truth is, that the Sjrstem excites and createe labor, and this
labor creates 'vij^alth, and this new wealth communicates additional
ability to consume, which acts on all the objects CKontributing to hu-
man oomfiirt and enjoyment The amount of cotton imported into
the two ports of Boston and ProTidence alone during the last year,
(and it was imported exclusively for the home manufacture,) was
one hundred and nine thousand five hundred and seyenteen bales.
On passing from that article to others of our agricultural produc-
tions, we shall find not less gratifying fects. The total quantity oi
flour imported into Boston, during the same year, was two hundred
eighty-four thousand five hundred and four barrels, and three thou-
sand nine hundred and fifty-five half barrels ; of which, there were
from Virginia, Georgetown and Alexandria, one hundred fourteen
thousand two hundred and twenty-two barrels; of Indian corn, six
hundred eighty-ene thousand one hundred and thirty-one bushels ; of
oats, two hundred thirty-nine thousand eight hundred and nine bush-
els ; of rye, about fifty thousand bushels ; and of shorts, thirty-three
thousand four hundred and eighty-nine bushels. Into the port of Pro-
vidence, seventy-one thousand three hundred and sixty-nine barrels
of Hour ; two hundred sixteen thousand six hundred and sixty-two
bushels of Indian com, and seven thousand seven hundred and seven-
ty-two bushels of. rye. And there were discharged at the port of
Philadelphia, four hundred twenty thousand three hundred and fifty-
three bushels of Indian com ; two hundred one thousand eight hun-
dred and seventy eight bushels of wheat, and one hundred ten thou-
sand five hundred and fifty-seven bushels of rye and barley. There
were slaughtered in Boston, during the same year, 1831, (the only
northern city firom which I have obtained returns,) thirty-three thou-
sand nine hundred and twenty-two beef cattle ; fifteen thousand and
four hundred calves ; eighty-four thousand four hundred and fifty-
three sheep, and twenty-six thousand eight hundred and seventy-one
swine. It is confidently believed that there is not a less quantity of
Southern flour consumed at the N<»th than eight hundred thousand
barrels — a greater amount, probably, than is shipped to all the foreign
maiketo of the woild together.
M •PXICHKt OP HBURT CfcAT.
What would be the condition of the ftming countiyof the United
Statee— of all that p(^on which liea North, East and West of JaoMe
riyeri including a large part cS North Carolina, if a home market did
not exist for this immense amount of agricultural produce ? Without
t|iat market, where could it be sold ? In foreign markets ? If their
restrictiTe laws did not exist, their capacity would not enable them
to purchase and consume this vast addition to their present suppliMi
which must be thrown in, or thrown away, but for the home maiket.
Qut their laws exclude us from their markets. I shall content my-
self by calling the attention of the Senate to Great Britain only. The
duties in the ports of the United Kingdom, on bread-stuffii are pro-
hibitory, except in times of dearth. On rice, the duty is fifteen shill-
ings sterling per hundred weight, bein^ more than one hundred per
cent. On manufactured tobacco it is nine shillings staling per pound,
or about two thousand per cent. On leaf tobacco three shillings per
pound, or one thousand two hundred per cent On lumber, and some
other articles, they are from four hundred to fifteen hundred per cent,
more than on similar articles imported firom British colonies. In the
British West Indies the duty on beef, pork, hanw and bacon is twelve
shillings sterling per hundred, more than one hundred per cent, on
the first cost of beef and pork in the western States. And yet Gremt
Britain is the power in whose b^ialf we are called upon to legislate,
so that VDS may enable her to purchase our cotton ! Great Britain
that thinks only of herself in her own legislation ! When hare we
experienced justice, much less faror, at her hands ? When did she
shape her legislation in reference to the interests dfimy foreign pow-
er ? She is a great, opulent and powerful nation ; but haughty, ar-
rogant, and supercilious — not more separated firom the rest of the
world by the sea that girts her island, than she is separated in feeling,
sympathy, or friendly consideration of their welfiue. Gentlemen, in
supposing it im{Mracticable that we should successfully compete with
her in manufactures, do injustice to the skill and enterprise of their
own country. Gallant, as Great Britain undoubtedly is, we hara
gloriously contended with her, man to man, gun to gun, ship to ship,
fleet to fleet, and army to army. And I have no doubt we are des-
tined to achieTe equal success in the more useful, if not nobler contest
for raperioriiy in the arts of civil life.
I could extend and dwell on the long list of articles— the hemp,
iron, lead, coal and other items, m which a demand is created in the
Ol DXmiOB 07 THB AMIMCAIT tTtTBK. U
home market bj tho operetioii of the Amencan SjBtem ; but I should
exhaust the patieiice cdT the Senate. Wherey where should we find a
matket for aU these articles, if it did not exist at home ? What wooM
be the condition of the largest {Airtion of our people, and of the terri-
tory, if this home market were annihilated ? How could they be sup-
plied with objects of prime necessity? What would not be the certahi
and ineritable dedine in the price of all these articles, but for the
home market ? And allow me, Mr. President, to say, that of all the
agricultural parts of the United States which are benefited by the
operation of thufsystem, none are equally so with those which bor-
der the CSiesapeake Bay, the lower parts of North Carolina, Virginia,
and the two shores' of Maryland. Their fiicilities of transportation,
and proximity to the North, give them decided advantages.
But if all this reasodng were totally fallacious — ^if the price of
manufikctured articles were really higher, under the American Sys-
tem, than without it, I should still argue that high or low prices were
themselves relative-Hrelative to the ability to pay them. It is in vahi
to tempt, to tantalize us with the lower prices of European Mnee
than our own, if we have nothing wherewith to purchase them. If,
by the home exchanges, we can be supplied with nedbssaiy, even if
th^ are dearer and worse, articles of American production than the
fi>reign, it is better than not to be supplied at all. And how would
the bffge portion of our country which I have described be supplied,
but fbr die home exchanges ? A poor people, destitute of wealth or
of exchangeable commodities,.has nothing to purchase foreign fabrics.
To them they are equally beyond their reach, whether their cost be
a ddlar or a guinea. It Is in this view of the matter that Greet
Britain, by her vast wealth — ^her ereiied and protected industry — is
enabled to bear a burden of taxation vrhich, when compared to that
of others nations, i^ppears enormous ; but which, when her immense
riches are compared to theirs, is light and trivial. The gentleman
firom South Carolina has drawn a lively and flattering picture of our
coasts, bays, rivers and harbors ; and he argues that these proclaimed
the design of Providence, that we should be a conmiercial people.
I agree with him. We diflfaronlyas to the means. He would cher-
ish the fordgn, and neglect the internal trade. I would foster both.
What is navigafion without ships, or ships without cargoes ? By pen-
eMttng the boioui of our mountains, and extracting from them thefar
precious treasoiea'; by cdtivitiBg tte eartt^ and tsevriiN^ a homr
56 ■PXECHfit or HRNRT CLAT.
market for its rich and abundant products ; by employing the water
power with which we are blessed ; by stimulating and protecting our
native industry, in all its forms ; we shall but nourish and promote
the prosperity of conunerce, foreign and domestic.
I have hitherto considered the question in reference only to a state
of peace ; but a season of war ought not to be entirely overlooked.
We have enjoyed near twenty years of peace ; but who can tell when
the storm of war shall again break forth ? Have we forgotten, bo
soon, the privations to which, not merely our brave soldiers and our
gallant tars were subjected, but the whole community, during the last
war, for the want of absolute necessaries ? To what an enormous
price they rose ! And how inadequate the supply was, at any price !
The statesman who jusly elevates his views, will look behind, as well
as forward, and at the existing state of things ; and he will graduate
the policy, which he recommends, to all the probable exigencies
which may arise in the Republic. Taking this comprehensive range,
it would be easy to show that the higher prices of peace, if prices
were higher in peace, were more than compensated by the lower
prices of war, during which supplies of all essential articles are india-
pensable to its vigorous, effectual and glCirious prosecution. I conr
elude this part of the argument with the hope that my humble exer
tions haye not been altogether unsuccessful in showing —
1. That the policy which we have been considering ought to con-
tinue to be regarded as the genuine American System.
2. That the Free Trade System, which is proposed as its substi-
tute, ought really to be considered as the British Colonial System.
3. That the American System is beneficial to all parts of the UnioUi
and absolutely necessary to much the larger portion.
* 4. That the price of the great staple of cotton, and of all our chief
productions of agriculture, has been sustained and upheld, and a de-
cline averted by the Protective System.
5. That if the foreign demand for cotton has been at all diminish*'
ed by the operation of that system, the diminution has been more
than ffftmiwnsatiid in tlu* oAlitinnMl AtantunA created at 1^^*"^-
IN DKFKirCE or THK AMlRlCAir 8T8TIK. 87
6. That the constant tendency of the system, by creating competi-
tion among onrselyes, and bet'ween American and European industry,
reciprocally acting upon each other, is to reduce prices of manufac-
tured objects.
7. That in point of fact, objects within the scope of the policy of
protection have greatly jfiftllen in price.
8. That if, in a season of peace, these benefits are experienced, in
a season of war, when the foreign supply might be cut off, they would
be much more extensirely felt.
9. And finally, that the substitution of the British Colonial System
for the American System, without benefiting any section' of the Union,
by subjecting us to a foreign legislation, regulated by foreign interests,
would lead to the prostration of our manufactures, general impover-
ishment^ and ultimate ruin.
And now, Mr. President, I have to make a few observations on a
delicate subject, which I approach with all the respect that is due to
its serious and grave nature. They have not, indeed, been rendered
necessary by the speech from the gentleman firom South Carolina,
whoee forbearance to notice the topic was commendable, as his argu-
ment throughout, was characterized by an ability and dignity worthy
of him, and of the Senate. The gentleman made one declaration,
which might possibly be misinterpreted, and I submit to him whether
an explanation of it be not proper. The declaration, as reported in
his printed speech, is ^^ the instinct of self-interest might have taught
us an easier way of relieving ourselveil from this oppression. It
wanted but the will to have supplied ourselves with every article
embraced in the protective system, free of duty, without any other
participation on our part than a simple consent to receive them.''
tHen General Hayne rose and remarked, that the panage which immediately
preceded and followed the paragraph cited, he thought plainly indicated his mean-
ing, which nlated to evasiona of the system, by illicit introduction of goods, which
they were not disposed to countenance in South Carolina.]
' I am happy to hear this explanation. But, sir, it is impossible to
conceal firom oar view the facts that there is a great excitement in
South Caitriina ; thiit the proactive system is openly and vidoitly
66 IPJBBCHXft 07 HBKBT CULT.
denounced in popular meetings ; and that the Legialature itself has
declared its purpose of resorting to counteracting measures — a sus-
pension of which has only been submitted to, for the purpose of al-
lowing Ck>ngraM time to retrace its steps. With respect to this
Union, Mr. President, the truth cannot be too generally proclaimed,
nor too strongly inculcated, that it is necessary to the whole and to all
the porta — necessary to those parts, indeed, in different degrees, but
yitally necessary to each—r^md that threats to disturb or dissolve it,
eonuDig from any of the parts, would be quite as indiscreet and im-
proper as would be threats from the residue to exclude those parts
from the pale of its benefits. The great principle, which lies at the
foundation of all free governments, is, that the majority must govern ;
from which there is or can be no appeal but to the sword. That ma-
jority ought to govern wisely, equitably, moderately and constitu-
tionally, but govern ii irksI , subject only to that terrible appeal. If
ever one, or several States, being a minority, can, by menacing a dis-
solution of the Union, succeed in forcing an abandonment of great
measures deemed essential to the interests and prosperity of the
whole, the Union, from that moment, is practically gone. It may
linger on, in form and name, but its vital spirit has fled for ever ! En-
tertaining these deliberate opinions, I would entreat the patriotic pecH
pie of South Carolina — ^the land of Marion, Sumpter and Pickens ;
of Rutledge, Laurens, the Pinkneys and Lowndes — of living and
present names, which I would mention if they were not living or
present — to pause, solemnly pause ! and contemplate the frigbtfol
piecipice which lies directly before them. To retreat may be pain-
ful and mortifying to their gallantry and pride, but it is to retreat to
die Union, to safety, and to those brethren with whom, or with
whose ancestors, they, or their ancestors, have won, on fields of
glory, imperidiable renown. To advance, is to rush on certain and
inevitable disgrace and destruction.
We have been told of deserted castles, of uninhabited halls, and of
mansions, once the seats of opulence and hospitality, now abandoned
and mouldering in ruins. I never had the honor ai being in South
Carolina ; but I have heard and read of the stories of its chivalry,
and of its generous and open-hearte<l liberality. I have heard, too,
of the struggles for power between the lower and upper country.
The same causes which existed in Virginia, with which I have been
^u»intedj I presome, hnv^ bad tbav ii^noe in Oaiolina. in
ui jotnac^ 09 rat amibicak trsTBic.
wbom httidt BOW an the once pnmd leats of Westo¥«r Curly Ma]^
cox, Shirley/ and others, on James River, and in loww Virginia ?
Under the operation of laws, aboliahing the principle df primogeni*
tnre, and providing the equitable mle of an equal distribution of
estates among those in equal degree of consanguinity, they haye pass«
ed into other and stranger hands. Some of the descendants of iUus*
trious fiunilies have gone to die £tf West, while others, lingering
behind, have contrasted their present condition with that of
yenerated anceston. They behold themselTcSi excluded from
ftther's bouses, now in the hands of those who were once their tk*
ther's overseers, or sinking into decay ; their imaginations^paint an*
cient renown, the fiiding honors of their name — giories gone by ; too
poor to live, too proud to work, too high-minded and honorable to
resort to ignoble meant of acquisition, brave, daring, chivalrous ;
tt^ can be the cause of their present unhappy state ? The ^' ac»
cursed^' tariff presents itself to their excited imaginations, and they
biiidly rush into the ranks of those who, unfurling the banner of nul-
liCeUion, would place a State upon its sovereignty !
The danger to our Union does not lie on the side of persistence in
the American System, but on that of its abandonment. If, as I hav^a
supposed and believe, the inhabitants of all north and east <tf James
river, and all west of the moimtains, including Louisiana, are deeply
interested in the preservation of thai system, would ihi&y be recon*
eiled to its overthrow ? Can it be expected that two«thirds, if not
three-fimrths, of the people of the United States, would consent to
the destruction of a policy, believed to be indiiqpeBsably necessary to
their prosperity ? When, too, the sacrifice is made at the instance of ■
a single interest, whicfa they verily believe will not be promoted by
it ? In estimating the degree of peril which may be incident to two
opposite courses of human policy, the statesman would be short-
sighted who should content himself with viewing only the evils, real
or imaginary, which belong to that course which is in practical ope-
ration. He should lift himself up to the contemplation of those
greatsr and more certilin dangers which might inevitably attend the
adoption of the alternative course. What would be the condition of
this Union, if Pennsy^^uuA and New York, those mammoth memben
• Ai to flhiilBy.lfr. Clay udoiowltdsM Us misUke, midt la the wurmth <if do-
bats. ItJsyettfcaiJHKkofthaieysotibkindhoipitaMsdasoiisdiBttofilifonn^
\ ofekat profifietor.
60 tPUCHKS or BSNRT CLAT.
of our confederacy, were firmly persaaded that their industry
paralysed, and their prosperity blighted, by the enforcement of the
British colonial system, under the delusive name of free trade ? They
are now tranquil and happy, and contented, conscious of their wd-
fiure, and feeling a salutary and rapid circulation of the products of
home manufactures and home industry throughout all their great ar-
teries. But let that be checked, let them feel that a foreign system
is to predominate, and the sources of their subsistence and comfort
dried up ; let New England and the west, and the middle States, all
feel that they too are the victims of a mistaken policy, and let these
vast portions of our country despair of any &vorable change, and
then indeed might we tremble for the continuance and safety of this
Union! »
And need I remind you, sir, that this dereliction of the duty of prtH
teeting our domestic industry, and abandonment of it to the fete of
foreign legislation, would be directly at war with leading considera-
tions which prompted the adoption of the present constitution ? The
States respectively, surrendered to the general government the whole
power of laying imposts on foreign goods. They stripped themselves
of all power to protect their own manufactures, by the most effica*
cious means of encouragement — the imposition of duties on rival for-
eign febrics. Did they create that great trust ? Did they voluntarily
suhject themselves to this self-restriction, that the power should re-
main in the Federal government inactive, unexecuted, and lifeless ?
Mr. Madison, at the commencement of the government, told you
otherwise. In discussing at that early period this very subject, he
declared that a failure to exercise this power would be a ^^yroaif '
upon the northern States, to which may now be added the middle and
western States.
[Governor Miller asked to what ezpreauon of Mr. Madison's opinion Mr. Clay re-
ferred ; and Mr. Clay replied, his opinion, expressed in the House of Representativett
la n8d» as reported in Lloyd's Congreasional Debates.]
Gentlemen are greatly deceived as to the hold which this system
has in the affections of the people of the United States. They repre-
sent that it is the policy of New England^ &ud that she is most bene-
fitted by it. If there be any part of thb Union which has been most
steady, most unanimous, and most determined in its support, it is
Pennsylvania. Why is not that powerful State attacked ? Why pass
W DBVnGB or THE AMKBXCAB ITBTBM. 61
her over, and aim the blow at New England ? New England came
reluctantly into the policy. In 1824 a majority of her delegation was
ojqpoaed to it. From the largeit State of New England there was
bat a solitary TOte in &yor of the bill. That enterprising people can
readily accommodate their industry to any pdicy, provided it be sef-
tkd. They suj^Med this was fixed, and they submitted to the de-
crees of government. And the progress of public opinion has kept
pace with the developments of the benefits of the system. Now, all
New England, at least in this house (with the exception of one small
still voice) is in fitvor of the system. In 1824 all Maryland was
against it ; now the majority is for it. Then, Louisiana, with one
exception, was opposed to it ; now, without any exception, she is in
fiivor of it. The march of public sentiment is to the South. Virginia
will be the nexiconvert ; and in less than sev^i years, if there be no
obstacles from political causes, or prejudices industriously instilled,
the majority of eastern Virginia will be, as the mi^rity of western
Virginia now is, in frtvor of the American System. North Carolina
will follow later, but not less certainly. Eastern Tennessee is now
in fiivor of the system. And finally, its doctrines will pervade the
whole Union, and the wonder will be, that they ever should have
been imposed.
r
I have now to proceed to notice some objections which have been
urged against the resolution under consideration. With respect to the
amendment which the gentleman from South Carolina has offered, as
he has intimated his purpose to modify it, I shall forbear for the pre*
sent to comment upon it. It is contended that the resolution [MPopo-
ses the repeal of duties on luxuries, leaving t&ose on necessaries to
remain, and that it will, therefore, relieve the rich without lessening
the burdens of the poor. And the gentlemen from South Carolina
has carefully selected, for ludicrous effect, a number of the unprotect-
ed articles, cosmetics, perfumes, oranges, to. I must say, that this
exhilntion of the gentleman is not in keeping with the candor which
he has generally diq>layed ; that he knows very well that the duties
upon these articles are trifling, and that it is of little consequence
whether they are repealed or retained. Both systems, the American
and the foreign, comprehend some articles which may be deemed
luxuries. The Senate knows that the unprotected articles which
yield the principal ipai of ike revenue, with which this measure would
diqwise, are ooOmftnij ipioaa> win—, and sUki. Of all theae artides,
•pnam or hbtbt glat.
wiMS and tilki alone can be proiiouiioed to be luxnriei ; and aa to
winei, we have already ratified a treaty, not yet promulgated, by
whidi the dutka on them are to be oonaideraUy reduced. If the
univeraality of the uae of objecta of consumption detenninea ihdt
claaaififation, cofibei tea, and ipioea, in present condition of ciTiliaed
aociefyy may be considered neoeasaries. Even if th^ were llwruriaa,
-why should not the poor, by cheapening their prices, if that can te
efiboted, be allowed to use ttiem ? Why should not a poor man be
allowed to tie a silk handkerchief on his neck, occasionally regale
himself witti a glass of cheap Erench wine, or present his wife as
danghter with a ailk gown, to be worn on Sabbath or gala days ? I
am quite sure diat I do not misconstrue the feelings of the gentle*
Bian^ heart, in supposii^ that he would be happy to see the poor aa
well as the rich nooderately indulging themselves in those innocmt
gratifications. For one, I am delighted to see the condition of the
poor attracting the consideration of the opponents of the tariff. It is
far the great body of the people, and especially for the poor, that I
have ever scqpported the American System. It afibrds &em profits*
Ue employment, and supplies the means of comfortable subsistence.
k sacttret to tbem,certainhf, necessaries of life, manufactured at hoaae
and places within their reach, and enables them to acquire a reason**
ble share of foreign luxuries ; while the system of gentlemen prami$€$
thans necessaries auide in fi^eign countries, and which are beyond
their power, and dMst to them luxuries, which they would possess
no means to purchaae.
The constant complaint of South Carolina against the tariff, ia,
tiiat it checks importations, and disables foreign powers from pnr^
ehiaing the agricultural productions of the United States. The e^
feel of the resolution will be to intrease importations,^ not so mneh^
it is tme firom Great Britain, as from the other powers, but not the
Imi aoceptaUe on that account. It is a misfortune that so large*
portion of our fooreign commecte conceaftrates in one nation ; it sab*
jectsustoomnchtothelegislatioBand thepoUqyof that natioui and
ssposes us to the influence of her numerous agents, fectors, and mer^
chants. And it is not among the smallest recommendations of the
maaenre befece the Senate, that its tetidency will be to expand (mr
eesmncice with France, our great revelntionary ally — the land <^
our Lafeyette* Ther^ fe muoh greater pnAability also, of an enlai|ge-
UMttl of te iMMnt imbmk for eetton in SVanoe^ than in Great
oiiiiniiGB^«HBAMiBiOAii«rsraf. €3
Bntiuii. Fnnoe engaged bier in the manufiM^tureof cottoni.andbM
madei therefov^ kn progreae. She haa, in<nreaTer, no coloniea pro-
dnckig the article in abundance, whoae induatiy she might be iesopt"
^ toenconn^
The honoiable yntleinan from Maiyland, (General Smith,) by his
reply to a ipeech which, on the opening of the aubject of thia reaola-
taon, I had occaaion to make, has rendered it ncceaaary that I abonid
tidse aome notice of bia obaeryationa. The honorable gentleman
atated that he had been uteuied of partiality to the manufacturing in-
tereat. Never waa there a moie groundleaa and malioioua charge
preferred against a calumniated man. Since this question haa been
ilgilaled in the public councils, although I hnTe often beard Irom him
pcofesskms of attachment to thia branch of industry, J have never
known any member amore uniform, determined and unoompromiaia|^
opponent of them, than the honoiable Senator haa invariably been.
And iCf hereafter, the calumny ahould be r^^^eated, of his friendship
to the American System, I shall be ready to ftimish to him, in the
most solemn mannor, my teatimony to his innocence. The honor-
able gentltfnan aupposed that I had advanced the idea that the jpenaa-
iMfil vsvenueof this country should be fixed at eighteen millions of dol-
lars. Certainly 1 had no intention to announce such an opinion, nor
do my eaqpsessions, ihirly interpreted, imply it. I ptated, on the oo-
caaioo referred to, that, estimating the ordinary revenue of the coun-
liy at twenty-five millions, and the amount of the duties on the ua-
piotecled articles proposed to be repealed by the reaolution, at seven
maUions, thrtsttor sum taken fiKwi the former would leave eighteen.
But I did got intimate any belief that the revenue, of the country
ought, for the future, to be permanently fixed at that oi any other
precise sum. I stated that, after having eftcted ao great a reduo*
lioii, we mig^t pause, cautiously survey the whole ground, and de-
libttately detenniae upon other measures of reduction, some of which
I indicated. And I now aay, preserve the Protective S^tem in full
vigor ) give us the prooeeds of the public domain tot internal mi-
pnnrementa, or if you please, partly for that object, and partly for the
removal of the fit^e Uaeks, with their own consent, from the United
fltntes ; and for one, I hsve no objection to the reduction of the put^
lie reveime to fifteen, to ttiirteen, or even to nine millions of dollars.
la ngard to Urn Mhema of the Seoratary of the Trtaaury for pay-
04 tPSEOntai OP RENRT CLAT.
ing off the whole of the remaining pablic debt, by the 4th day of
March 1833, including the three per cent., and forthat purpose, sell-
ing the bank stock, 1 had remarked that, with the exception c^ Ae
three per cent., there was not more than about four millions of dol-
lars of the debt due and payable within this year, that, to meet this,
the Secretary had stated in his annual report, that the treasury would
have, from the receipts of this year, fourteen millions of doUais, iq>-
plicable to the principal of the debt ; that I did not perceive any ur-
gency for paying off the three per cent, by the precise day suggested :
and that there was no necessity, according to the plans of the treasu-
ry, assuming them to be expedient and proper, to postpone the repeal
of the duties on unprotected articles. The gentleman from Mary-
land imputed to me ignorance of the act of the 24th April 1830, ac-
cording to which in his opinion the Secretary was obliged to pur-
chase the three per cent. On what ground the Senator supposed I
was ignorant of that act he has not stated. Although when it passed
1 was at Ashland, I assure him that I was not there altogether unin-
formed of what was passing in the world. I regularly received the
Register of my excellent friend (Mr. Niles,) published in Baltimove,
the National Intelligencer, and other papers. There are two emnrs
to which gentlemen are sometimes liable ; one is to magnify the
amount of knowledge which they possess themselves, and the second
is to depreciate that which others have acquired. And will the gen-
tleman from Maryland excuse me for thinking that no man is more
prone to commit both errors than himself? I will not say that he k
ignorant of the true meaning of the act of 1830, but I certainly place
a different construction upon it from what he does. It dies not oblige
the Secretary of the Treasury, or rather the Commissioners of tbe
Sinking Fund, to apply the surplus of any year to the purchase of
the ^ree per cent, stock particularly, but leaves them at liberty ^ to
apply such surplus to the purchase of any portion of the public debt,
at such rates as, in their opinion may be advantageous to the United
States." This vests a discretionary authority, to be exercised under
official responsibility. And if any Secretary of the Treasury, when
he had the option of purchasing a portion of the debt, bearing a high-
er rate of interest at par or about 'par, were to execute the act by
purchasing the three per cents., at its present price, he would merit
impeachment. Undoubtedly a state of foct may exist, such as there
being no public debt remaining to be paid, but the three per cent
stock, with a surplus in the treasury, idle and unproductive, in which
IN BSrEKGB 07 THE AMUOCAV ATOTSM. 65
it might |be expedient to vppLj that ■aq>ln8 to the reimbunemeDt of
the three per cents. But whilst the interest of money is at a greater
rate than three per cent., it would not, I think, be wise to produce
an accumulation of public treasure for such a purposes The post-
ponement of any reduction of the amount of the revenue, at this ses-
sion, must however give rise to that very aocummulation ; and it is,
therefore, thai I cannot perceive the utility of the postponement
We are told by the gentleman from Maryland, that offers have
been made to the Secretary of the lYeasury to exchange three per
cents, at their market j^oe of ninety-dx per cent, for the bank stock
of the government at its market price, which is about one hundred
and twenty-six, and he thinks it would be wise to accept them. If
the charter of the Bank is renewed, that stock will be probably worth
much more than its present price ; if not renewed, much less. Would
it be hxt in government, while the question is pending and undecided,
to make such an exdumge ? The difference in value between a stock
bearing three per cent, and one bearing seven per cent, must be really
much greater than the difference between ninety-six and one hundred
and twenty-six per cent. Supposing them to be perpetual annuities,
the one would be worth more than twice the value of the other. But
myobjection to the treasury plan is, that it is not necessary to execute
itT-4o continue these duties as the Secretary proposes. The Secre-
taiy has a debt of twenty-fofur millions to pay ; he has from the ac-
cruing receipts of this year fourteen millions, and we are now told by
the Senator from Maryland, that this sum of fourteen millions is ex-
clusive of any of the duties accruii^ this year. He proposes to raise
eight millions by sale of the Bank stock, and to anticipate from the
revenue receivable next year, two millions mdre. These three items
theli of .fourteen milHons, eight millions, and two millions, make up
the sum required, of twenty-four millions, without the aid of the du-
ties to which the resolution relates.
The gentleman from Maryland insists that the general government
has been liberal toward the West in its appropriations of public lands
for internal improvements ; and, as to fortifications, he contends that
the expenditures near the mouth of the Mississippi are for its especial
benefit. The appropriations of land to the States of Ohio, Indiana,
Illinois, and Alabaiaa, have been liberal ; but it is not to be overlocA-
edy that the genand. government is itself the greatest proprietor of
6
•PnCHXt^ OP KOIET CULT.
land) and that a tendency of the imprcnrementSy which theK appfopri-
atkma were to effect, is to increase the Talne of the unsold puUie do*
main. The erection of the fortifications for the defence of Louisiaoft,
was highly proper ; but the gentleman might as well place to the ao
count of the West, the disbursement kat the fortifieations intended to
defend Baltimore, Philadelphia, and New York, to all which capitab
western produce is sent, and in the security of all of which the west*
em people feel a lively interest. They do not object to expenditures
for the army, for the navy, for fortifications, or for any odier ofiensiTe
or commercial object on the Atlantic, but they do think that thnr
condition ought also to receive friendly attentiim from the general go-
vernment. With respect to the State of Kentucky, not one cent of
money, or one acre of land, has been applied to any object of internal
improvement within her limits. The subscription to the stock of the
canal at Louisville was for an object in which many States were in-
terested. The Senator firom Maryland complains that he has been
unable to obtain any aid for the railroad which the enterprise of Bal-*
timore has projected, and in part executed. That was a great work,
the conception of which was bold, and highly honorable, and it de-
serves national encouragement. But how has the committee of roads
and canais, at this session been constituted ? The Senator firom Mar
ryland possessed a brief authority to organize it, and, if I am not mis-
informed, a majority of the monbers composing it, i4[ipoinied by him,
are opposed both to the constitutionality of the power, and the ezpe-
difm^ of exercising it.
And now, sir, I would address a few words to the firiends of the
American System in the Senate. The revenue musi— ought to be
reduced. The country will not, after, by the payment of the public
debt, ten or twelve millions of dollars become unnecessary, bear such
an annual surplus. Its distribution would form a subject of perpetual
contention. Some of the opponents of the system understand the
stratagem by which to attack it, and are shaping their course accord-
ingly. It is to crush the system by the accumulation of revenue, and
by die effikrt to persuade the people that they are unnecessarily taxed,
while those would really tax them who would break up the native
souroei of suj^ply, and render them dependent upon the foreign. But
the revenue ought to be reduced, so as to accommodate it to the bek
of die pqrment of the public debt. And the alternative is or may be,
to preseiyi the protecting system, and repeal the duties on the unpro-
IM DimCB OP THS AMXBICAir STSTIM. 07
tected articles, or to pre$erve the duties on miproiteied articleS| and
endanger if not destroy, the system. Let us then adopt the measure
before us, which will benefit all classes ; the farmer, the professional
man, the merdiant, the manufactoxcor, the mechanic ; and the cotton "
planter more than all. A few months ago there was no diversity of
opinion as to the expediency oi this measure. AU, then, seemed to
unite in the selection of these objects for a repeal of duties which
were not produced within the country. Such a repeal did not touch
our domestic industry, violated no principle, ofiended no prejudice.
Can we not all| whatever may be our &vorite theories, cordially
unite on this neutral ground ? When that is occupied, let us look be*
yond it, and see if any thing can be done in the field of protection, to
modify, to improve it, or to satisfy those who are opposed to the sys«
tern. Our southern brethren believe thai it is injurious to them, and
ask its repeal. We believe that its abaadonmentwill be prejudicial to
them, and ruinous to every other section of the Union. However
strong their convictions may be, they are not stronger than ours. Be-
tween the points of the preservation of the system and its absolttte
repeal, there is no principle of union. If it can be shown to operate
immoderately on any quarter-*-if the measure of protection to any
article can be demonstrated to be undue and inordinate, it would be
the duty of Congress to interpose and apply a remedy. And none
will co-operate more heartily than I shall in the performance of that
duty. It is quite probable that beneficial modifications of the system
may be made without impairing its efficacy But to make it fulfill
the purposes of its institution, the measure of protection ought to be
adequate. If it be not, all interests will be injuriously afifected. The
manufacturer, crippled in his exertions, will produce less perfect and
dearer &brics, and the consumer will feel the consequence. This is
the spirit, and these are the principles only, on which, it seems to
me, that a settlement of the great question can be made, satis&ctorily
to all parts of our Unicm.
ON A NATIONAL BANK.
In the Sritate 6f the United States — 1811.
[The course of Mr. Clat, in regard to a National Bank has been a subject of
eztenmtc comment throughout the last ten years. All know that he opposed the
Rediarter of the first United States Bank in 1811 ; that he favored the ereatioit of
the tecond in 1816, and that he has ever since been an ardent and prominent cham-
pion of such an institution. As this is the only topic of any moment on which Mr.
Clay, has seen occasion to change his opinions in the course of a long and active
public life, we have chosen to present at one view his sentiments at each different
period on this much controverted question. We give, therefore, in snoceasion, his
speech of 1811, the* substance of his remariu in 1816, and his speech of 18391— m
foUows I]
Mr. President, when the subject inyolved in the motion now un-
der consideration was depending before the other branch of the Legis-
lature, a disposition to acquiesce in their decision was evinced. For
although the committee who reported this bill had been raised many
weeks prior to the determination of that House on the proposition to
re-charter the Bank, except the occasional reference to it of memo-
rials and petitions, we scarcely ever heard of it. The rejection, it is
true, of a measure brought before either branch of Congress does not
absolutely preclude the otber from taking up the same proposition ;
but the economy of our time, and a just deference for the opinion of
others, would seem to recommend a delicate and cautious exercise of
this power. As this subject, at the memorable period when the
charter was granted, called forth the best talents of the nation — as it
has, on rarious occasions, undergone the most thorough investigation^
and as we can hardly expect that it is susceptible of receiving any
further elucidation, it was to be hoped that we should have been spared
useless debate. This was the more desirable because there are, I
conceive, much superior claims upon us for every hour of the small
portion of the session yet remaining to us. Under the operation of
these motives, I had resolved to give a silent vote, until I felt myself
bound, by the defying manner of the arguments advanced in support
ON ▲ NATIONAL BANK. 09
of the renewal, to obey the paramount duties I owe my country and ita
constitution ; to make one effort, however feeble, to avert the pas-
aage of what appears to me a most unjustifiable law. After my hon-
orable friend from Virginia (Wr. Giles). had instructed and amused ua
with the very able and ingenious argument which he delivered on
yesterday, I should have still forborne to tresspass on the Senate, but
for the extraordinary character of )iis speech. He discussed both
aides of the question with great ability and eloquence, and certainly
demonstrated to the satisfaction of all who heard him, both that it
was constitutional and unconstitutional, highly proper and improper
to prolong the charter of the bank. The honorable gentleman ap-
peared to me in the predicament in which the celebrated orator of
Virginia, Patrick Henry, is said to have been once placed. Engaged
in a most extensive and lucrative practice of the law, he mistook in
one instance the side of the cause in which he was retained, and ad-
dressed the court and jury in a very masterly and convincing speech
in behalf of his antagonist. His distracted client came up to him
whilst he was thus employed, and interrupting him, bitterly exclaim-
ed| *^ you have undone me ! You have ruined me !" — *^ Never mind,
give yourself no concern,'* said the adroit advocate ; and turning to
the court and jury continued his argument by observing, may it
l^ease your honors and you, gentlemen of the jury, I have been stat-'
ting to you what I presume my adversary may urge on his side. I
will now show you how fallacious his reasoning and groundless his
pretensions are." The skilful orator proceeded, satisfactorily refuted
every argument he had advanced, and gained his cause ! A success
with which I trust the exertion of my honorable friend will on this
occasion be crowned.
it has been said by the honorable gentleman from Geoigia, (Mr.
Crawford) that this has been made a party question, although the
law incorporating the Bank was passed prior to the formation of par-
tiesi and when Congress was not biased by party prejudices.
[Mr. Crawford explained. He didaot mean that it had been made a party qnefc
lion in the Seaats. Hia allunon was elsewhere.] H
I do not think it altogether &ir to refer to the discussions in the Houm
sf Representatives, as gentlemen belonging to that body have no oppoiw
to^ofdefending themselves here. It is true that this UwwmmHI^
•E
70 SPUCHES OF HK2TRT CLAT.
the effi^et, but it is no less true that it was one of the causes of the po^
litical divisions in this countiy. And, if, during the agitation of the
present question, the renewal has, on one side, been opposed on party
principles, let me ask if, on the other, it has not been advocated on
similar principles ? Where is the Macedonian phalanx, the opposi-
tion in Congress ? I believe, sir, I shall not incur the charge of pre-
sumptuous prophecy, when I predict we sliall not pick up from its
ranks one single straggler ! And if, on this occasion, my worthy friend
from Georgia has gone over into the camp of the enemy, is it kind in
him to look back ujion his former friends, and rebuke them for the
fidelity with which they adhere to their old principles ?
I shall not stop to examine how far a representative is bound by
the instructions of his constituents. That is a question between the
giver and receiver of the instructions. But I must be permitted to
express my surprise at the pointed difTorence which has been made
between the opinions and instructions of State Legislatures, and the
opinions and details of the deputations with which we have been sur-
rounded from Philadelphia. Whilst the resolutions of those legisla-
tures— known legitimate, constitutional and deliberative bodies — ^have
been thrown into the back ground, and their interference regarded as
officious, these delegations from self-created societies, composed of'
uobody knows whom, have been received by the committee with the
utmost complaisance. Their communications have been treasured
up with the greatest diligence. Never did the Delphic priests col-
lect with more holy care the frantic expressions of the agitated Py-
thia, or expound them with more solemnity to the astonished Gre-
cians, than has the committee gathered the opinions and testimoniet '
of these deputies, and through the gentleman from Massachusetts,
pompously detailed them to the Senate ! Philadelphia has her im-
mediate representatives, capable of expressing her wishes npon the'
floor of the other house. If it be improper for States to obtrude upon
Congress their sentiments, it is much more highly so for the un&u- '
thorizcd deputies of fortuitous congregations.
«
The first ^gular feature that attracts attention in this bill is the
new and unconstitutional veto which it establishes. The constitution
has required only, that after bills have passed the House of Repre^ .
seatttUves and the Senate, they shall be presented to the President .
fe hii appAfnl or rejection, and his determination is to be mad«
OV A IIATIO!fJlL BANK. 71
known in ten days. But this bill provides, that when all the cod-
stitational sanctions are obtained, and when according to the usual
routine of legislation it ought to be considered as a law, it is to be
submitted to a new branch of the legislature, consisting of the Presi-
dent and twenty-four Directors of the Bank of the United States,
holding their sessions in Philadelphia, and if they please to approve
it, why thcn^^ is to become a law ! And three months (the term
allowed by our law of May last, to one of the great belligerents Sot
revoking his edicts, after the other shall have repealed his) are grant-
ed them to decide whether an act of Congress shall be the law of the
land or not ! An jact which is said to be indispensably necessary to
our salvation, and without the passage of which universal distress
and bankruptcy are to pervade the countzy. Remember, sir, that
the honorable gentleman from Greorgia has contended that this char-
ter is no contract. Does it then become the representatives of the
nation to leave the nation at the mercy of a corporation ? Ought the
impending calamities to be left to the hazard of a contingent remedy ?
This vagrant power to erect a Bai)k, afler having wandered
throughout the whole constitution in quest of some congenial spot to
fasten upon, hvts been at length located by the gentleman from Geor-
gia on that provision which authorizes Congress to lay and collect
taxes, &c. In 1791, the power is referred to one part of the instru-
ment ; in 1811, to another. Sometimes it is alleged to be deducible
firom the power to regulate conomerce. Hard pressed here, it disap-
pears and shows itself under the grant to coin money. The sagacious
Secretary of the Treasury in 1791 pursued the wisest course— he has
taken shelter behind general, high-sounding and imposing terms. He
has declared, in the preamble establishing the Bank, that it will be
very conducive to the successful conducting of the national finances ;
will tend to give Jacility to the obtaining of loans, and will be produc-
tive of considerable advantage io irctde and industry in general. No
allusion is made to the collection of ta^i^es. What is the nature of this
government ? It is emphatically federal, vested with an aggregate of
specified powers for general purposes, conceded by existing sovereign-
ties, who have themselves retained what is not so conceded. It is
said that there are cases in which it must act on implied powers.
This is not controverted, but the implication must be necessary, and
<^mously jflow fipom the enumerate4. power with which it is allied.
libe power ta charier compttiiief it not specified in the grant, tad I
73 fPBBCHfiS or HSXVBT CLAT.
contend is of a nature not transferable by mere implication. It is one
of the most exalted attributes of sovereignty. In the exercise of this
gigantic power, we have seen an East India Company created, which
tias carried dismay, desolation, and death, throughout one of the
largest portions of the habitable world. A company which is in itself
a sovereignty — whijh has subverted empires, and set up new dynas-
ties, and has not only made war, but war against its legitimate sove-
reign ! Under the influence of this power, we have seenarise a South
Sea Company, and a Mississippi Company, that distracted and con-
vulsed all Europe, and menaced a total overthrow of all credit and
confidence, and universal bankruptcy. Is it to be imagined that a
power so vast would have been left by the wisdom of the constitu-
tion to doubtful inference ? It has been alleged that there are many
instances in the constitution, where powers in their nature incidental,
and which would have necessarily been vested along with the princi-
pal, are nevertheless expressly enumerated ; and the power " to make
rules and regulations for the government of the land and naval forces,''
which it is said is incidental to the power to raise armies and provide
a navy, is given as an example. What does this prove 1 How ex-
tremely cautious the convention were to leave as little as possible to
implication. In all cases where incidental powers are acted upoDi
the principal and incidental ought to be congenial with each other,
and partake of a common nature. The incidental power ought to be
strictly subordinate and limited to the end proposed to be attained
by the specified power. In other y;ords, under the name of accom-
plishing one object which is specified, the power implied ought not to
be made to embrace other objects, which are not specified in the con-
stitution. If then you could establish a bank to collect and distribute
the revenue, it ought to be expressly restricted to the purpose of such
collection or distribution. It is mockery, worse than usurpation, to
establish it for a lawful object, and then to extend it to other objects
which are not lawful. In deducing the power to create' corporations,
such as I have described it, from the power to collect taxes, the rel»»
tion and condition of principal and incident are prostrated and destroy-
ed. The accessory is exalted above the principal. As well might it
be said that the great luminary of to-day is an accessory, a satelite to
the humblest star that twinkles forth its feeble light in the firmameal
of heaven !
Suppose the cosftitation had been silent m to an individaal deport-
OH A NATIONAL 3AKK 7S
0ient of thb c^ovemmeiit, could yon, under the power to lay and cd«
kct taxes, establish a judiciary ? I presume not ; but if you could
derive the power by mere implication, could you vest it with any
other authority than to enforce the collection of the revenue ? A bank
18 made for the ostensible purpose of aiding in the collection of the
revenue, and while it is engaged in this, the most inferior and subordi-
nate of all its functions, it is made to diffuse itself throughout society^
and to influence all the great operations of credit, circulation, and
commerce. Like the Virginia justice, you tell the man whose turkey
had been stolen, that your books of precedents furnish no form for his
case, but then you will grant him a precept to search for a cow, and
when looking for that he may possibly find his turkey ! You say to
this corporation — we cannot authorize you to discount, to emit paper^
to regulate commerce, &c. No ! Our book has no precedents of that
kind. But then we can authorize you to collect the revenue, and
while occupied with that, you may do whatever else you please !
What is a corporation, such as the bill contemplates ? It is a 8{^n-
did association of favored individuals, taken from the mass of society,
and invested with exemptions, and surrounded by immunities and
privileges. The honoiable gentleman from Massachusetts, (Mr.
Lloyd,) has said that the original law, establishing the Bank, was
justly liable to the objection of vesting in that ihstitution an exclusive
privilege, the faith of the government being pledged that no other
bank should be authorized during its existence. This objection he
supposes is obviated by the bill under consideration ; but all corpora-
tions enjoy exclusive privileges — that is, the corporators have privi-
leges which no others possess : if you create fifty corporfitions instead
of one, you have only fifty privileged bodies instead of one. I con-
tend that the States have the exclusive power to regulate contracts,
to declare the capacities and incapacities to contract, and to provide
aa to the extent of responsibUity of debtors to their creditors. If Con-
gress have the power to erect an artificial body, and say it shall be
endowed with the attributes of an individual — ^if you can bestow on
this object of your own creation the ability to contract, may you not,
in contravention of State rights, confer upon your slaves, infants, and
femmes covert the ability to contract ^ And if you have the power
to say that an association of individuals shall be responsible for their
debts only in a certain limited degree, what is to prevent an exten-
sion of a similar exemption to individuals ? Where is the limitation
74 8PEKCHIS or aSITRT CLAT.
upon this power to set up corporations ? You establish one in the
heart of a State, the basis of whose capital is money. You may erect
others whose capital shall consist of land, slaves, and personal estates,
and thus the whole property within the jurisdiction of a State might
be absorbed by these political bodies. The existing Bank contends
that it is beyond the power of a State to tax it, and if this pretension
be well founded, it is in the power of Congress, by chartering compa-
nies, to dry up all the sources of State revenue. Georgia has under-
taken, it is true, to levy a tax on the branch within her jurisdiction ^
but this law^now under a course of litigation, is considered as invalid.
The United States own a great deal of laud iu the State of Ohio.
Can this government, for the purpose of creating an ability to pur-
chase it, charter a company ? Aliens are forbidden, I believe, in that
State, to hold real estate— could you, in order to multiply purchasers^
confer upon them the capacity to hold land, in derogation of the local
law } I imagine this will hardly be insisted upon ; and yet there ex-
ists a more obvious connexion between the undoubted power which
is possessed by this government, to sell its land, and the means of
executing that power, by increasing the demand in the nuirket, thaa
there is between this Bank and the collection of a tax. This govern-
ment has the power to levy taxes, to raise armies, provide a navy^
make war, regulate commerce, coin money, &c., &c. It would not
be difficult to show as intimate a connexion between a corporation,
established for any purpose whatever, and some one or other of those
great powers, as there is between the revenue and the Bank of the
United States.
Let us inquire into the actual participation of this bank in the col--
lection of the revenue. Prior to the passage of the act of 1800, re-
quiring the collectors of those ports of entry at which the principal
bank, or any of its offices are situated, to deposit with them the cus-
tom-house bonds, it had not the slightest agency in the collection of
the duties. During almost one moiety of the period to which the
existence of this institution was limited, it was nowise instrumental
in the collection of that revenue, to which it is now become indis-
pensable ! The collection previous to 1800, was made entirely by
the collectors ; and even at present, where there is one port of entry,
at which thb bank is employed, there are eight or ten at which the
•(Section is made as it was before 1800. And, sir, what does thi»
bank or its branches^ where resort is had . to it ? It does not adjust
OH A ITATIONAL BANK- 75
With the merchaiit the amount of duty, nor take his bond, nor, if the
bond is not paid, coerce the payment, by distress or otherwise. In
fact, it has no active, agency whatever in the collection. Its opera-
tion is merely passive ; that is, if the obligor, after his bond is placed
in the bank, discharges it, all is very well. Such is the mighty aid
afforded by this tax-gatherer, without which the government cannot
get along ! Again, it is not pretended that the very limited assis-
tance which this institution docs in truth render, extends to any other
than a single species of tax, that is, duties. In the collection of the
excise, the direct and other internal tixcs, no aid was dtTived from
any bank. It is true, in the collection of those taxes, the farmer did
not obtain the same indulgence which the merchant receives in pay-
ing duties. But what obliges Congress to give credit at all ? Could
it not demand prompt paymont of the duties ? And, in fact, does it
not so demand, in many instances ? Whether credit is given or not,
is a matter merely of discretion. If it be a facility to mercantile ope-
rations, (as I presume it is) it ought to be granted. But I deny the
right to engrail upon it a bank, which you would not otherwise have
the power to erect. You cannot create the necessily of a bank, and
then plead that necessity for its establishment. In the administration
of the finances, the bank acts simply as a payer and receiver. The
Secretary of the Treasury has money in New York and wants it in
Charleston — the bank will furnish him with a check, or bill, to make
the remittance, which any merchant would do just as well.
I will now proceed to show by fact, actual experience, not theo-
retic reasoning, but by the records themselves of the treasury, that
the operations of thsULdepartment may be as well conducted without
as with this bank. ,[|^he delusion has consisted in the use of certain
high-sounding phrases, dexterously used on the occasion — '' the col-
lection of the revenue" — " the administration of the finance" — " the
conducting of the fiscal-affairs of the government," the usual. lan-
guage of the advocates of the bank, extort express assent, or awe into
acquiescence, without inquiry or examination into its necessity.
About the commencement of this year, there appears, by the report
of the Secretary of the Treasury of the 7th of January, to have been
a little upwards of two millions and four hundred thousand dollars in
the treasury of the United States ; and more than one-third of this
whole sum was in the vaults of local banks. In several instances
where opportunities existed of selecting the bank, a preference has
78 8PCBCBE8 OF BENBT CULT.
been given to the State bank, or at least a portion of the deposits has
been made with it. In New York, for example, there was deposited
with the Manhattan Bank $188,970, although a branch bank is in
that city. In this district, $115,080 were deposited with the Bank
of Columbia, although here also is a branch bank, and yet the State
banks are utterly unsafe to be trusted ! If the money, after the bonds
are collected, is thus placed with these banks, I presume there can be
no difficulty in placing the bonds themselves there, if they must be
deposited with some bank for collection, which I deny.
Again, one of the most important and complicated branches of the
treasury department, is the management of our landed system. Tho
sales have, in some years, amounted to upwards of half a million of
dollars — are genrally made upon credit, and yet no bank whatever is
made use of to fecilitate the collection. Aflcr it is made, the amount,
in some instances, has been deposited with banks, and, according to
the Secretary's report, which I have befcre adverted to, the amount
80 deposited was, in January, upwards of three hundred thousand
dollars, not one cent of which was in the vaults of the Bank of the
United States, or in any of its branches, but in the Bank of Pennsyl-
vania, its branch at Pittsburgh, the Marietta Bank, and the Kentucky
Bank- Upon the point of responsibility, I cannot subscribe to the
opinion of the Secretary of the Treasury, if it is meant that the ability
to pay the amount of any deposits which the government may make,
under any exigency, is greater than that of the State banks ; that
the accountahxHty of a ramified institution, whose affairs are managed
by a single head, responsible for all its members, is more simple than
that of a number of independent and unconnected establishments, I
ahall not deny ; but, with regard to safety, I am strongly inclined to
think it is on the side of the local banks. The corruption or miscon-
duct of the parent, or any of its branches, may bankrupt or destroy the
whole system, and the loss of the government, in that event, will
be of the deposits made with each ; whereas, in the failure of one
State bank, the loss will be confined to the deposit in the vault of
that bank. It is said to have been a part of Burr's plan to seize on
the branch bank at New Orleans. At that period large sums, im-
ported from La Vera Cruz, are alledged to have been deposited with
it, and if the traitor had accomplished the design, the Bank of the
United States, if not actually bankrupt, might have been constrained
to stop payment.
ON ▲ NATIONAL BANK. 77
It 18 urged by the gentleman from Massachusetts (Mr. Lloydi)
that as this nation advances in commerce, wealth and population,
new energies will be unfolded, new wants and exigences will arise,
and hence he infers that powers must be implied from the consti*
tution. But, sir, the question is, shall we stretch the instrument to
embrace cases not fairly within its scope, or shall we resort to thai
remedy, by amendment, which the constitution prescribes ?
Gentlemen contend that the construction which they give to the
constitution has been acquiesced in by all parties, and under all admin*
istrations ; and they rely particularly on an act which passed in 1804,
for extending a branch to New Orleans ; and another act of 1807, for
panishing those who should forge or utter forged paper of the Bank.
With regard to the first law, passed no doubt upoiv the recommenda-
tion of the treasury department, I would remark, that it was the ex-
tension of a branch to a territory over which Congress possesses the
power of legislation almost uncontrolled, and where, without any
eonstitutional impediment, charters of corporation may be granted.
As to the other act, it was passed no less for the benefit of the com-
munity than the Bank — to protect the ignorant and unwary from
eounterfeit paper, purporting to have been emitted by the Bank.
When gentlemen are claiming the advantage supposed to be deduci-
Ue from acquiescence, let me inquire what they would have had
those to do who believed the establishment of a Bank an encroach-
ment upon State rights ? Were they to have resisted, and how ? By
force ? Upon the change of parties in ISOO, it must be well recol-
lected that the greatest calamities were predicted as a consequence of -
that event. Intentions were ascribed to the new occupants of power,
of violating the public faith, and prostrating national credit. Under
•och circumstances, that they should act with great circumspection,
was quite natural. They saw in full operation, a bank chartered by
a Congress who had as much right to judge of their constitutional
powers as their successors. Had they revoked the law which gave
it existence, the institution would, in all probability, continued to
transact business notwithstanding. The judiciary would have been
appealed to, and from the known opinions and predilections of the
judges then composing it, they would have pronounced the act of
faicorporation as in the nature of a contract, beyond the repealing
power of any succeeding legislature. And, sir, what a scene of con-
Awpfi would foch a state of things have presented — an act of Con-
7
78 SPKSCUE8 or hsnrt clat.
gressy which was law in the statute book, and a nullity on the judicial
records ! was it not the wisest to wait the natural dissolution of the
corporation rather than accelerate that event by a repeaUng law in-
Tolving so many delicate considerations ?
Wlien gentlemen attempt to carry this measure upon the ground
of acquiescence or precedent, do they forget that we are not in VVest^
minster Hall ? In courts of justice, the utility of uniform decisiotti
exacts of the judge a conformity to the adjudication of his predeces*
sor. In the interpretation and administration of the law, this practice
is wise and proper, and without it, every thing depending upon the
caprice of the judge, we should have no security for our dearest rights.
It is far otherwise when applied to the source of legislation. Here
no rule exists but. tlic constitution, and to legislate upon the ground
n(ierely that our predecessors thought themselves authorized, und^
similar circumstances, to legislate, is to sanctify error and to perpetu*
ate usurpation. But if we are to be subjected to the trammels of
precedent, I claim on the other hand, the benefit of the restrictions
under which the intelligent judge cautiously receives them. It is an
established rule, that to give a previous adjudication any effect, the
mind of the judge who pronounced it, must have been awakened to
the subject, and it must have been a deliberate opinion, formed after
full argument. In technical language, it must not have been $nb
Hlentio. Now the acts of 1804 and 1807, relied upon as pledges for
the rechartering this company, passed not only without any discus-
sion whatever of the constitutional power of Congress to establish a
Bank, but I venture to say, without a single member having had hit
attention drawn to this question. I had the honor of a seat in the
Senate, when the latter law passed, probably voted for it, and I de-
clare with the utmost sincerity, that I never once thought of that
point, and I appeal conBdcntly to every honorable member who was
then present, to say if that was not his situation.
This doctrine of precedents, applied to the legislature, appears to
me to be fraught with the most mischievous consequences. The
great advantage of our system of government over all others, is, that
we have a written constitution, defining its limits, and prescribing its
authorities ; and, that, however, for a time, faction may convulse the
nation, and passion and party prejudice sway its functionaries, the
season of reflection, will recur, when calmly retracing their deedS|
ON ▲ NATIOITAL BANK. 79
all aberratioDB from fuDdamental principle will be corrected. But
oaee substitute fwacHce for principle — ^the exposition of the constitu-
tion for the text of the constitution, and in vain shall vre look for the
iaatrument in the instrument itself ! It will be as diffused and intan-
gible as the pretended constitution of England : — and must be sought
for in the statute book, in the fugitive journals of Congress, and in
reports of the Secretary of the Treasury ! What would be our con-
dition . if we were to take the interpretations given to that sacred
book, which is, or ought to be, the criterion of our faith, for the book
itself? We should find the Holy Bible buried beneath the interpre*
tations, glosses, and comments of councils, synods, and learned di-
vines, which have produced swarms of intollerant and furious sects,
partaking less of the mildness and meekness of their origin than of a
vindictive spirit of hostility towards each other ! They ought to af-
ford us a solemn warning to make thatconstiution which we have
sworn to support, our invariable guide.
I conceive then, sir, that we were not empowered by the constitu-
tion, nor bound by any practice under it, to renew the charter of this
Bank, and I might here rest the argument. But as there are strong
objections to the renewal on the score of expediency, and as the dis-
tresses which will attend the dissolution of the Bank, have been
greatly exaggerated, I will ask for your indulgence for a few mo-
ments longer. That some temporary inconvenience will arise, I shall
not deny ; but most groundlessly have the recent failures in New
Tork been attributed to the discontinuance of this Bank. As well
might you ascribe to that cause the failures of Amsterdam and Ham-
burgh of London and Liverpool. The embarrassments of commerce
— the sequestrations in France — ^the Danish captures — in fine, the
belligerent edicts, are the obvious sources of these failures. Their
iounediate cause in the return of bilb upon London, drawn upon the
hhh of unproductive or unprofitable shipments. Yes, sir, the pro-
tests of the notaries of London, not those of New York, have occa-
sioned these bankruptcies.
The power of a nation is said to consist in the sword and the purse.
I^erhaps at last all power is resolvable into that of the purse, for with
it you may command almost every thing else. The specie circula-
tion of the United States is estimated by some calculators at ten mil-
of dollars, and if it be no more, one moiety is in the vaults of
80 fPBECHES OF BKirBT CLAT.
this Bank. May oot Ihe time arrive when the concentration of such
a raat portion of the circulating medium bf the country in the hands
of any corporation, will be dangerous to our liberties ? By whom is
this immense power wielded ? By a body, who, in derc^ation of
the great principle of all our institutions, responsibility to the people,
is amenable only to a few stockholders, and they chiefly foreigners.
Suppose an attempt to subvert this government — would not the trai-
tor first aim by force or corruption to acquire the treasure of this
company ? Look at it in another aspect. Seven-tenths of its capital
are in the hands of foreigners, and these foreigners chiefly English
subjects. We are possibly on the eve of a rupture with that nation.
Should such an event occur, do you apprehend that the English pre-
mier would experience any difficulty in obtaining the entire control
of this institution ? Republics, above all other governments, ought
most seriously to guard against foreign influence. All history
proves that the internal dissentions excited by foreign intrigue^
have produced the downfall of almost every free government that has
hitherto existed ; and yet, gentlemen contend that we are benefitted
by the possession of this foreign capital ! If we could have its use^
without its attending abuse, 1 should be gratified also. But it is in
vain to expect the one without the other. Wealth is power, and,
under whatsoever form it exists, its proprietor, whether he lives on
this or the other side of the Atlantic, will have a proportionate influ-
ence. It is argued that our possession of this English capital gives
us a great influence over the British government. If this reasoning
he sound, we had better revoke the interdiction as to aliens holding
land, and invite foreigners to engross the whole property, real and
personal, of the country. We had better at once exchange the con-
dition of independent proprietors for that of stewards. We should
then be able to govern foreign nations, according to the reasoning of
the gentleman on the other side. But let us put aside this theory,
and appeal to the decisions of experience. Go to the other side of
the Atlantic, and see what has been achieved for us there by Eng-
lishmen holding seven-tenths of the capital of this Bank. Has it re-
leased from galling and ignominious bondage one solitary American
seaman bleeding under British oppression ? Did it prevent the un.
manly attack upon the Chesapeake ? Did it arrest the promulgation,
or has it abrogated the orders of council — those orders which have
given birth to a new era in commerce } In spite of all its boasted
eiecty are not the two nations brought to the very brink of war?
ON ▲ ITATIOlfAL BANK
81
Are we quite sure, that on this side of the water, it has had no ef>
feet favorable to British interests? It has often been stated, and
although I do not know that it is susceptible of strict proof, I believe
it to be a fact that this Bank exercised its influence in support of
Jay's treaty — and may it not have contributed to blunt the public
aentiment, or paralyze the efforts of this nation against British ag-
gression.
The duke of Northumberland is said to be the most considerable
stockholder in the Bank of the United States. A late lord chancel-
lor of England besides other noblemen, was a large stockholder.
Suppose the prince of fissling, the duke of Cadore, and other French
dignitaries owned seven-eighths of the capital of the Bank, should
we witness the same exertions (I allude not to any made in the
Senate) to re-charter it ? So far from it, would not the danger of
French influence be resounded throughout the nation ?
I shall therefore give my most hearty aasent to the motion for stri*
king out the first section of the bill.
ON THE BANK CHARTER.
At Lkxington, KEicTucKY, June 3, 1816.
IMr. Clay^i 5peoch on the qoestioD of cbartorin? the Bank of the United States in
1S16 w<i8 not reported ; but in an Addrew to bia ConMituontp, published in the K«»-
tncky Gazette, l^xin^ton, June 3d, 1816, he givc the iab?tancc of it, as follows s} '
Ov one subject, that of the Bank of the United States, to whieh,
at the late session of Congress, I gave my humble support, I feel
particularly anxious to explain the grounds on which I acted. This
explanation, if not due to my own character, the State and distiiot to
which 1 belong have a right to demand. It would have been unne-
cessary, if my observations, addressed to the House of Reprcsentar
tives, pending the measure, had been published ; but they were not
published, and why they were not published, I am unadvised.
When I was a member of the Senate of the United States, I was
induced to oppose the renewal of the charter of the old Bank of the
United States, by three general considerations. The first was, that
1 was instructed to oppose it by the legislature of the State. What
were the reasons that operated with the Legi^^lature, in giving the
instruction, I do not know. I have understood from members of that
l>ody, at the time it was given, that a clause, declaring that Congrem
had no power to grant the charter, was stricken out ; from which it
might be inferred, either that the Legislature did not believe a bank
unconstitutional, or that it had formed no opinion on that point. Thb
inference derives additional strength from the fact, that, although the
two late Senators from this State, as well as the present SenatcNns,
voted for a National Bank, the Legislature, which must have been
well apprised that such a measure was in contemplation, did not
again interpose, either to protest against the measure itself, or to
censure the conduct of those Senators. From this silence on the
part of a body which has ever fixed a watchful eye upon the pro*-
•M TBB BANS CHARTER. " 83
ceedings of the general government, I had a right to helieve that the
Legislature of Kentucky saw, without dissatisfaction, the proposal to
establish a National Bank ; and that its opposition to the former one
was upon grounds of expediency, applicable to that corporation alone,
or no longer existing. But when, at the last session, the que»tion
came up as to the establishment of a National Bank, being a membrr
of the House of Representatives, the point of inquiry with me was
not so much what was the opinion of the Legislature, although un-
doubtedly the opinion of a body so respectable would have great
freight with me under any circumstances, as what were the senti-
ments of my immediate constituents. These I believed to be in favor
of flucfa an institution, from the following circumstances : In the first
fdace, my predecessor, (Mr. Hawkins) voted for a National Bank,
without the slightest murmur of discontent. Secondly, during the
last fall, when I was in my district, 1 conversed freely with many of
my constituents upon that subject, then the most common topic of
conversation, and all, without a single exception as far as I recollect,
agreed that it was a desirable, if not the dniy efficient remedy, for the
alarming evils in the currency of the country. And lastly, during the
session I received many letters from my constituents, prior to the pas-
sage of the bill, all of which concurred, I believe without a solitary
exception, in advising the measure. So far, then, firom being instruct-
ed by my district to oppose the bank, 1 had what was perhaps tanta-
mount to an instruction to support it — the acquiescence of my con-
stituents in the vote of their former representative, and the communi-
cations, oral and written, of the .opinions of many of them in favor of
a bank.
.The next consideration which induoed me to oppose the renewal
of the M charter, was, that I believed the corporation had, during a
portion of the period of its existence, abused its powers, and had
sought to subserve the views of a political party. Instances of its
oppression for that purpose were asserted to have occurred at Phila^
delphia and at Charleston ; and, although denied in Congress by the
firiendfl of the institution during the discussions on the application for
the renewal of the charter, they were, in my judgment, satisfactorily
made out. This oppression,, indeed, was admitted in the House of
Representatives, in the debate on the present bank, by a distinguished
faanaber of that party which had to warmly espoused tlie renewal of
Old charter. li may ba iaid,/«hal aecuhiy is there that the 90W
s
84 8PCECHEI OP HENRT CLAT.
bank will not imitate this example of oppression ? I answer, the
fate of the old bank warning all similar institutions' to sbun politic9|
with which they ought not to have any concern ; the existence of
abundant competi^.ion, arising from the mulliplication of banks, and
the precautions which are to be found in the details of the present bilL
•
A thhd consideration, under which 1 acted in IS 11, was that, m
the power to create a corporation, such as was proposed to be con-
tinued, was not specifically granted in the constitution, and did not
then appear to me to be necessary to carry into efiect any of the
powers which were specifically granted, Congress was not authorised
to continue the bank. The constitution contains powers delegated
and prohibitory, powers expressed and constructive. It vests it
Congress all powers necessary to give efiect to enumerated powere—
all that may be necessary to put into motion and activity the machine
of government which it constructs. The powers that may be so ne>
cessary are deducible by construction. They are not defined in the
constitution. They are, fft>m their nature, indefinable. When the
question is in relation to one of these powers, the point of inquirj
should be, is its exertion necessary to carry into efiect any of the
enumerated powers an<l objects of the general government ? Witk
regard to the degree of necessity, various rules have been, at difierent
tiroes, laid down ; but, perhaps, at last, there is no other than a sound
and honest judgment exercised, under the checks and control whick
belong to the constitution and to the people.
The constructive powers, being auxiliary to the specifically granted
powers, and depending, for their sanction and existence, upon a neces-
aity to give eSSect to the latter, which necessity is to be sou^t for
and ascertained by a sound and honest discretion, it is manifest that
this necessity may not be perceived, at one time, under one state of
things, when it is perceived at another time, under a difierent state
of things. The constitution, it is true, never changes ; it is alwaja
the same ; but the force of circumstances and the lights of experience
may evolve to the fallible persons, charged with its administration,
the fitness and necessity of a particular exercise of a constnictiTe
power to-day, which they did not see at a former period.
When the application was made to renew the old charter of the
Bank of the United States, iuch an institotion did not qipear iowm
•N TBS BANK CHARTBR. 86
to be 80 necessarj to the jfalfiilroent of any of the objects specifically
enumerated in the comtitution as to justify Congress in assuming, by
emistruction, power to establish it. It was supported tpainly upon
the ground that it was indispensable to the treasury operations. But
the local institutions in the several States were at that time in pros-
perous existence, confided in by the community, having a confidence
in each other, and maintaining an intercourse and connexion the most
intimate. Many of them were acti^dly employed by the treasury
to aid that department, in a part of its fiscal arrangements , and they
appeared to me to be fiilly capable of afibrding to it all the facility
that it ought to desire in all of them. They superseded, in my judg^
ment, the necessity of a national institution. But how stands the
case in 1816, when I am called upon again to examine the power of
the general government 'to incorporate a National Bank? A total
change of circumstances is presented. £vents of the utmost magni-
tude have intervened.
A general suspension of specie payments has taken place, and this
has led to a train of consequences of the most alarming nature. I
behold, dispersed over the immense extent of the United States,
about three hundred banking institutions, enjoying, in difl^nt de-
grees, the confidence of the public, shaken as to them all, under no
direct control of the general government, and subject to no actual re-
sponsibility to the State authorities. These institutions are emitting
the actual currency of the United States ; a currency consisting of a
paper, on which they neither pay interest nor principal, while it is
exchanged for the paper of the community, on which both arc paid.
I see these institutions, in fact, exercising what has been considered,
•t all times and in all countries, tme of the highest attributes of sov-
ereignty, the regulation of the current medium of the country. Th^
are no longer competent to assist the treasury in either of the great
operations of collection, deposit, or distribution of the public revenues.
In fact, the paper which they emit, and which the treasury, from the
force of events, finds itself constrained to receive, is constantly ob-
structing the operations of that department. For it will accumulate
where it is not wanted, and cannot be used where it is wanted for
the purposes of government, without a ruinous and arbitrary broker-
age. Every man who pays or receives from the government, pays or
leoeives as much less than he ought, as is the difierence between the
medium in which the payment is efiacted, and specie. Taxes are no
•F
116 IVBICRBB or HtlOtT CLAT.
iOBger QoifonB. In New England^ where specie payments have net
bten suspended, the people are called upon to pay larger oontribii-
tions than where they are suspended. In Kentucky, as much move
is paid by the people in their taxes than is paid, for example, in the
State of Ohio, as Kentucky paper is wwth more than Ohio paper.
It appears to me that, in this condition of things, the general gov-
emment can no longer depend upon these local institutions, multiplied
•and multiplying daily— <;oming into existence by the breath of eighteen
State sovereignties, some of which, by a single act of volition, haipc
created twenty or thirty at a time. Even if the resumption of specie
psyments could be anticipated, the general government remaining
passive, it does not seem to me that the general government ought
longer to depend upon these local institutions exclusively for aid in
its opemtions. But I do not believe it can be justly so anticipated.
It is not the interest of all of them that the renewal shall take plaee
of specie payments, and yet, without concert between all or most of
them, it cannot be effected. With regard to those disposed to relam
to a regular state of things, great difficulties may arise, as to the timi
of its commencement.
Considering, then, that the state of the currency is such that na
thinking man can contemplate it without the most serious alarm, that
it threatens general distress, if it does not ultimately lead to convul-
sion and subversion of the government, it appears to me to be the
duty of Congress to apply a remedy, if a remedy can be devised. A
National Bank, with other auxiliary measures, is proposed as that
remedy. I determined to examine the question, with as little preju-
dice as possible arising from my TOrmer opinion. I kiiow that the
aafest course for me, if I were to pursue a cold, calculating policy, is
to adhere to that opinion, right or wrong. I am perfectly aware that
if I change or seem to change it, I shall expose myself to some cul-
ture. But, looking at the subjct with the light shed upon it by events
which have happened since the commencement of the war, I can n*
longer doubt. A Bank appears to me not only necessary, but indis
pensably necessary, in connexion with another measure, to remedy
the evils of which all are but too sensible. I prefer, to the suggea-
tions of the pride of consistency, the evident interests of the commii-
nity« and am determined to throw myself upon their candor and ju»*
tice. That which appeared to me in 1811, under the state of tfiiagi
Off THK BAffK CHARTER. 87
then existing, noit to be necessary to the general government, seems
SQiw to be necessary, under the present state of things. Had I then
foreseen what now exists, and no objection had laid against the re-
newal of the charter, I should have TOted for the renewal.
Other provisions of the constitution, but little noticed, if noticed at
-ail, on the discussions in Congress in 1811, would seem to urge that
body to exert all its powers to restore to asound state the money of
the country. That instrument confers upon Congress the power to
coin money, and to regulate the value of foreign coins ; and the States
are prohibited to coin money, to emit bills of credit, or to make any
thing but gold and silver coin a tender in payment of debts. The
pfaun inference is, that the subject of the general currency is in-
tended to be submitted exclusively to the general government. In
lioint of fact, however, the regulation of the general currency is in
the hands <tf the State governments, or, which is the same thii^, of
the banks created by them. Their paper has every quality of money
except that of being a tender, and even this is imparted to it by some
iitates, in the law by which a creditor must receive it, or submit lo a
ruinous suspension of the payment of his debt. It is incumbent upon
Congress to recover the control which it has lost over the general
currency- The remedy called for is one of caution and moderation,
but of firmness. Whether a remedy, directly acting upon the banks
and their paper thrown into circulation, is in the power of the gen-
eral government or not, neither Congress nor the community are pre-
pared for the application of such a remedy. An indirect remedy, of
% milder character, seems to be furnished by a National Bank. Going
into operation with the powerful aid of the Treasury of the United
States, I believe it will be highly instrumental in the renewal of specie
payments. Coupled with the other measure adopted by Congress for
that object, I believe the remedy efiectual. The local banks must
follow the example, which the National Bank will set them, of re-
deeming their notes by the papment of specie, or their notes will be
discredited and put down.
If the constitution, then, warrants the establishment of a Bank,
other considerations, besides those already mentioned, strongly urge
it. The want of a general medium is everywhere felt. Exchange
varies continually, not only between different parts of the Union, but
betweeen difierent parts of the same city. If the paper of a National
SPEECHES OP HSNRT CLAT.
Bank is not redeemed in specie, it will be much better than the cur-
rent paper, since, although its value, in comparison with specie, maj
fluctuate, it will afford an uniform standard.
If political power be incidental to banking corporations, there ought
perhaps to be in the general government some counterpoise to that
which is exerted by the States. Such a counterpoise might not in-
deed be so necessary, if the States exercised the power to incorporate
banks equally, or in proportion to their respective populations. But
this is not the case. A single State has a banking capital equivalent,
or nearly so, to one-fifth of the whole banking capital of the United
States. In the event of any convulsion, in which the distribution of
banking institutions might be important, it may be urged that the
mischief would not be alleviated by the creation of a National Bank,
since its location must be within one of the States. But in this re-
spect the location of the Bank is extremelv favorable, being in one of
the middle States, not likely, from its position as well as its loyalty,
to concur in any scheme for subverting the government. And a suf-
ficient security against such contingency is to be found in the distri-
bution of branches in different States, acting and reacting upon tha
parent institution, and upon each other
ON THE VETO OF THE BANK,
In the Senate of the United States, July 12, 1832.
I HAVE soine obserTatioos to submit on tliis question, which I would
not trespass on the Senate in ofiering, but that it has some ccHnmand
of leisure, in consequence of the conference which has been agreed
upon in respect to Uie tariff.
A bill to recharter the bank has recently passed Congress, after
much deliberation. In this body, we know that there are members
enough who entertain no constitutional scruples, to make, with the
▼ote by which the bill was passed, a majority of two-thirds. In the
House of Representatives, also, it ia betieved, there is a like majority
in favor of the bill. Notwithstanding this state of things, the Presi-
dent has rejected the bill, and transmitted to the Senate an elaborate
message, communicating at large his objections. The constitution
requires that we should reconsider the bUl, and that the question of
its passage, the President's objections notwithstanding, shall be taken
by ayes and noes. Respect to him, as well as tiro injunctions of the
constitution, require that we should deliberately examine his reasons,
and reconsider the question.
The veto is an extraordinary power, which, though tolerated by
the constitution, was not expected, by the convention, to be used in
ordinary cases. It was designed for instances of precipitate legisla-
tion, in unguarded moments. Thus restricted, and it has been thus
restricted by all former Presidents, it might not be mischievous. Dur-
ing Mr. Madison's administration of eight years, there occurred but
two or three cases of its exercise. During the last administration I
do not now recollect that it was once. In a period little upwards of
three years, the present Chief Magistrate has employed the veto four
times. We now hear quite frequently, in the progress of measures
90 SPEECHES OF HENRT CLAT.
through Congress, the statement that the President will veto them,
urged as an objection to their passage.
The veto is hardly reconcileable with the genius of representative
government. It is totally irreconcileable with it, if it is to be fre»
quently employed in respect to the expediency of measures, as well
as their constitutionality. It is a feature of our government borrowed
from a prerogative of the British king. And it is remarkable that in
England it has grown obsolete, not having been used for upwards of
a century. At the commencement of the French revolution, in dis-
cusssing the principles of their constitution, in national convention,
the veto held a conspicuous figure. The gay, laughing population
€i Paris bestowed on the king the appellation of Monsieur Veto, and
on the queen, that of Madame Veto. The convention finally decreed
that if a measure rejected by the king should obtain the sanction of
two concurring legislatures, it should be a law, notwithstanding the
veto. In the constitution of Kentucky, and perhaps in some other
of the State constitutions, it is provided that if, after the rejection of
a bill by the Governor, it shall be passed by a majority of all the
members elected to both Houses, it shall become a law, notwithstand-
ing the Governor's objections. As a co-ordinate branch of the gov-
ernment, the chief magistrate has great weight. If, af^er a respect-
ful consideration of his objections urged against a bill, a majority of
all the members elected to the legislature shall still pass it, notwith-
standing his official influence and the force of his reasons, ought it
not to become a ^w } Ought the opinion of one man to overrule
that of a legislative body twice deliberately expressed ?
It cannot be imagined that the convention contemplated the appli-
cation of the veto to a question which has been so long, so often, and
so thoroughly scrutinized, as that of the Bank of the United States,
by every department of the government, in almost every stage of its
existence, and by the people, and by the State legislatures. Of all
the controverted questions which have sprung up under our govern-
ment, not one has been so fully investigated as that of its power to
establish a Bank of the United States. More than seventeen yean
ago, in January, 1815, Mr. Madison then said, in a message to the
Senate of the United States :
** WiiTiaff the qoestioo of the conecitntional authority of the LegiibtttTe to cAah
ON TBI TRO or THB BAHK. 91
Dih tt ittcofpoxated Bnk, m being pindndedy in my jodcmeDt, by r^ated reccf -
liidpii^ under yaiied circniiistanceB^ of the yaliditv of sncn an institution, in acts of
l&e legialatiTe, ezecutiTe, and judicial branehet of the govermnent. acooiniNuiied faw
i^^pcations, in difiereat modes, of a concurrence of the general will of the nation.
Mr. MadiaoD, himself oppofled to the first Bank of the United
States, yielded his own convictions to those of the nation, and all
th^ departments of the government thus often expressed. Subse-
«quent to this true but strong statement of the case, the present Bank
of the United States was established, and numero«s other acts, of all
the departments of government, manifesting their settled sense of the
power, have been added to those which existed prior to the date of
Mr. Madison's message.
No question has been more generally discussed, within the last two
years, by the people 9i large, and in State Legislatures, than that of
the Bank. And this consideration of it has been prompted by the
President himself. In his first message to Ck)ngress, (in December,
1829,) he brought the subject to the view of that body and the nation,
and expressly declared, that it could not, for the interest of all con-
cerned, be '^ too soon" settled. In each of his subsequent annual mes-
sages, in 1830 and 1831, he again invited the attention of Congress to
the subject. Thus^ after an interval of two years, and after the inter-
vention of the election of a new Congress, the President proposes to
renew the charter of the Bank of the United States. And yet his
friends now declare the agitation of the question to be premature !
It was. not premature in 1829 to present the question, but it is pre-
nv^ure in 1832 to consider and decide it !
After the President had directed public attention to this question,
it became uot only a topic of popular conversation, but was discussed
ia the press and employed as a theme in popular elections. I was
myself interrogated, on more occasions than one, to make a public
eixpreasion of my sentiments ; and a friend of mine in Kentucky, a
candidate for the State Legislature, told me near two years ago, that^
he was surprised, in an obscure part of his county, (the hills of Ben-
son) where there was but little occasion for Banks, to find himself
qoefltiooed on the stump, as to the recharter of the Bank of the United
States. It seemed as if a sort of general order ^ had gone out, from
heiad-quarters, to the partizana of the adnunistration every where, to
agitate and make the moat of the question. They have done so : and
9d BPKBCH18 OF HKNET CLAT.
their conditioii now remindg me of the fable invented by Dr. FVank-
lin of the eagle and the cat, to demonstrate that Maop had not ex-
hausted invention, in the construction of his memorable ftLbles. The
eagle, you know, Mr. President, pounced from his lofty flight in the
air upon a cat, taking it to be a pig. Having borne off his prize, he
quicldy felt most painfully the paws of the cat thrust deeply into hia
sid^B and body. Whilst flying, he held a parley with the supposed
pig, and proposed to let go his hold, if the other would let him alone. •*
No says puss, you brought me from yonder earth below, and I will
hold fast to you until you carry me back — a condition to which the
eagle readily assented.
The friends of the President, who have been for near three year*
agitating this question, now turn round upon their opponents, who
have supposed the President quite serious and in earnest in present-
ing it for public consideration, and charge them with prematurely '
agitating it. And that for electioneering purposes ! The other side
understands perfectly the policy of preferring an unjust charge in or-
der to avoid a well founded accusation.
If there be an electioneering motive in the mattei*, who have
been actuated by it ? Those who have taken the President at hn
word, and deliberated on a measure which he has repeatedly recom-
mended to their consideration ; or those who have resorted to all sorts
of means to elude the question ? By alternately coaxing and threat-
ening the Bank ; by an extraordinary investigation into the admini-
stration of the Bank ; and by every species of postponement and pro-
crastination, during the progress of the bill.
Nothwithstanding all these dilatory expedients, a majority of Con-
gress, prompted by the will and the best interests of the nation, passed
the bill. And I shall now proceed, with great respect and deference,
to examine some of the objections to its becoming a law, contained
%i the President's message, avoiding, as much as I can, a repetition of
what gentlemen have said who preceded me.
The President thinks that the precedents, drawn from the proceed-
ings of Congress, as to the constitutional power to establish a Bank,
are neutralized, by there being two for and two against the authori-
ty. He supposes that one Congress in 1811, and another in 1815,
OH TRS TITO or THS BANK. 93
decided agaiiiBt tbe power. Let us examine both of these cases.
the House of Rejweseiitatiyes in 181 1, passed the bill to re-charter
the Bank, and, conseqnendy affirmed the power. 'The Senate dming
the same year were diyided, 17 and 17, and the Vice-President gare
the casting vote. Of the 17 who voted against the Bank, we know
from the declaration of the senator from Maryland, (General Smith,)
now present, that he entertained no doubt whatever of the constitu-
tional power of Congress to e«tablish a Bank, and that he voted on
totally distinct ground. Taking away his vote and adding it to the
17 who voted for the Bank, the number would have stood 18 for, and
16 against the power. But we know further, that Bfr. Gaillard, Mr.
Anderson and Mr. Robinson, made a part of that 16 ; and that in
1815, all three of them voted for the Bank. Take those three votes
from the 16, and add them to the 18, and the vote of 1811, as to the
question of constitutional power, would have been 21 and 13. And of
these thirteen there might have been others still who were not go-
verned in their votes by any doubts of the power.
In regard to the Congress of 1815, so far from their having enter-
tained any scruples in respect to the power to establish a Bank, they
actually passed a Bank bill, and thereby affirmed the power. It is
true that, by the casting vote of the speaker of the House of Repre-
sentatives, (Mr. Cheves,) they rejected another bank bill, not on
grounds of want of power, but upon considerations of expediency in
the particular structure of that Bank.
Both the adverse precedents therefore, relied upon in the message,
operate directly against the argument which they were brought for-
ward to maintain. Congress, by various othw acts, in relation to the
Bank of the United States, has again and again sanctioned the power.
And I believe it may be truly affirmed that from the commencement
of the government to this day, there has not been a Congress opposed
to the Bank of the United States upon the distinct ground of a want
of power to establish it.
And here, Mr. President, I pust request the indulgence of the
Senate, whilst I express a few words in relation of myself.
I voted, in 1811, against the old Bank of the United Stetes, and I
delivered on the occasion, a speech, in which, among other reaaonS|
i
94 IPUECHBS or HKiniT CLAT.
I assigned that of its beiQg uDConstitutioDal. My speech has heea
I9ad to the Senate, during the progress of this hill, but the readiii^
qf iC excited no other regret than that it was read in such a wretch^
boQglingi mangling manner.* During a long public life, (I mentiom
the &ct, not as claiming any merit for it| the only great question in
vhich 1 have ever changed my opinion, is that of the Bank of the
United States. If the researches of the Senator had carried bim a
little further, he would, by turning over a few more leaves of the
same book from which he read my speech, have found that which I
made in 1816, in support of the present Bank. By the reasons ap*
sigaed in it for the change of my opinion, I am ready to Htude in tba
judgment of the present generation and of posterity. In 1816, bei^g
speaker of the House of Representatives, it was perfectly in my pow-
er to have said nothing and done nothing, and thus have concealed
the change of opinion which my mind had undergone. But I did not
choose to remain silent and escape responsibility. I chose publidj
to avow my actual conversion. The war and the fatal experieooe
of its disastrous events, had changed me. Mr. Madison, Governor
Pleasants, and almost all the public men around me, my political
Qrifioads^ had changed their opinions from the same causes.
The power to establish a Bank is deduced from that clause of the
QQUstituti^ which confers on Congress all powers necessary and
pit^per to carry into effect the enumerated powers. In 1811, 1 he*
lieved a Bank of the United States not necessary, and that a safe le^
liance might be placed on the local banks, in the administration of
the fiscal a&irs of the* government. The war taught us naany les-
sens, and among others demtonstrated the necessity of the Bank of tUa
United States, to the successful operations of the government. I -wSX
not trouble the Senate with a perusal of my speech in 1816, but ade
its permission to read a few extracts :
" But how stood the ctae \n 181^ when he was called upon to examine the pow-
ers of the general government to incorporate a National Bank 1 A total change of
circunutances was presented— eTcnts of the ntmoet magnitude bad intervened.
"^ gjncnil suspension of specie payments had taken place, and this had led to a
tftip of cireqrostanoes of the mosc alarming nature. He beheld, dispersed over the
immense ex||pnt of the United States, about three hundred bankmg institutions, en-
joying, m difierent degrees, the eonfidenee of the public, shaken as to them aB-
njMer no direct control of the general government, and subject to no actual respon,
wnlity to the state authorities. These institutions were emitting the actual our*
* It > aadeiatood tQ havt baea wad by Mg. HilL
0« THK TBTO OP THK BANK. 95
mncf of the United Sutes— a cairency coosutinc of paper, on which they neiihar
paid interest nor principal, whilst it was exchanged for the paper of the community.
mt which both were paid. We saw theae inatiiutiooa in fact, ezercising what haa
been coosidercd, at all times, and in all countries, one of the highest attributes of
•vvereignty— >the regulation of the carrent medium of the country. They ware na
knf er competent to assist the Trcasuir. in either of the great operations of colleen
don, deposite or distribution of the pnouc reTenuen. In fact, the paper which they
•mitted, and which the Treasury, from the force of eventa, found itself ooostraiacd
to receive, was constantly obstructing the o|>eration8 of that department ; for it
wonld accarniUate where it waa not wanted, and could not be ased where it waa
wanted, for the purposes of government, without a ruinous and arbitrary brokerage.
Every man who Paid to or received from the goTemment, naid or received as much
leas than he ought to have done, as waa the diO'erence between the medium in
which the pavment was effected and specie. Taxes were no longer uniform. In
New England, whete specie payments had not been suspended, the people were
called upon to pay larger contributions than where they were suspended. In Ken-
tneky aa nraeh more was paid by the people, in their taxes, than was pnid, for eK*>
•miple; in the State of Ohio, as KTeniucky paper waa worth more than Ohio paper.
** Conaidering, then, that the state of the currency was such that no thinking man
eottld comenrolate it without the most serious alarm ; that it threatened genetil
distress, if it did not ultimately lead to convulsion and subversion of the government
•—it appeared to him to be the duty of Congress to ai)p!y a remedy, if a remedy
oould be devised* A National Bank, with other auxiliary measures was proposed aa
that remedy. Mr. Clay said he determined lo examine the qui'stion with aa little
prejudice as possible, arising from his former opinion ; he knew that the safeM course
to nim, if he pursued a coul calculating prudence, was to adhere to that opinion
right or wrong. He was perfectly aware that if he changed, or seemed to change
it, he should expose himself to some censure ; b«it, looking at the aubject with tiif
light shed upon it, by events happening since the commencement ot the war, he
oonid no longer doubt * * * * He preferred to the aaggeationa of the pride of
oonsisteacy, the evident interests of the community, and determined to throw hiro-
«lf npon their justice and candor.**
The interest which fbreigaers hold in the exiiting Bank of the
United States, ia dwelt upon in the message as a serious objection to
the recharter. But this interest is the result of the assignable nature
oC the stock ; and if the objection be well founded, it applies to gov-*
eminent stock, to the stock in local banks, in canal and other compa*
nics, created for internal improvements, and every species of money
or moveables in which foreigners may acquire an interest. The as-
signable character of the stock is a quality conferred not for the bene-
fit of foreigners, but for that of our own citizens. And the fact of its
being tran^srred to them is the effect of the balance of trade being
against us — an evil, if it be one, which the American system will
correct. All governments wanting capital, resort to foreign nations
possessing it in superabimdance, to obtain it. Sometimes the resort
is even made by one to another belligerent nation. During our revo*
lutionary war we obtained foreign capital (Dutch and French) to aid
us. Durii^ the late war American stock was sent to Europe to sell ;
•ad if f am not misinformed, to Liverpool. The question does not
depend npon the place whence the capital is obtained, but the advan-
tageous use of it The confidence of foreigners in our stocks, is a proof
96 BPEBCHKS OF HKHET CLAT.
3f the solidity of our credit. Foreigners have no yoice in the admin-
istration of this Bank ; and if they buy its stock, they are obliged to
submit to citizens of the United States to manage it. The senator
from Tennessee, (Mr. White,) asks what would have been the condi-
tion of this country, if, during the late war, this Bank had existed,
with such an interest in it as foreigners now hold ? I will tell him.
We should have avoided many of the disasters of that war, perhaps
those of Detroit and at this place. The government would have po0-
aessed ample means for its vigorous prosecution ; and the interest of
foreigners, British subjects especially, would have operated Upon
them, not upon us. Will it not be a serious evil to be obliged to remit
in specie to foreigners the eight millions which they now have in this
bank, instead of retaining that capital within the country to stimulate
its industry and enterprise ?
The President assigns in his message a conspicuous place to the
alleged injurious operation of the Bank on the interests of the western
people. They ought to be much indebted to him for his kindness
manifested towards them ; although, I think, they have much reason
to deprecate it. The people of all the west owe to this Bank aboot
thirty millions, which have been borrowed from it ; and the President
thinks that the payments for the interest, and other fitcilities which
they derive from the operation of the Bank, are so onerous as to pro*
duce << a drain of their currency, which no country can bear without
inconvenience and occasional distress.'* His remedy is to compel
them to pay the whole of the debt which they have contracted in a
period short of four years. Now, Mr. President, if they cannot pay
the interest without distress, how are they to pay the principal ? If
they cannot pay a part how are they to pay the whole ? Whether die
payment of the interest be or be not a burthen to them, is a question
for themselves to decide, respecting which they might be disposed to
dispense with the kindness of the President, if, instead of borrowiqg
thirty millions from the Bank, they had borrowed a like sum from a
Qirard, John Jacob Astor, or any other banker, what would they
think of one who should come to them and say — <' Grentlemen of the
west, it will ruin you to pay the interest on that debt, and therefcnre I
wUl oblige you to pay the whole of the principal in less than four
years.*' Would they not reply — " We know what we are about ;
mind your own business ; we are satisfied that in ours we can make
not only the interest on what we loan, but a &ir profit besides."
ON THI TITO OP THX 9AVX, 07
A great mistake exists about the western operation of the Bank. It
is not the Bank, but the business, the commerce of the west, and the
operations of gOTemment, that occasions the transfer, annually, of
money from the west to the Atlantic States. What is the actual
course of things ? The business and commerce of the west are car^
ried on with New Orleans, with the southern and southwestern States
and with the Atlantic cities. We transport our dead or inanimate
produce to New Orleans, and receiire in return checks or drafis of the
Bank of the United States at a premium of a half per cent. We send
by our drovers our live stock to the south and southwest, and receive
similar checks in return. With these drafts or checks our merchants
proceed to the Atlantic cities, and purchase domestic or foreign goods
ibr western consumption. The lead and fur trade of Missouri and
Illinois is also carried on principally through the Bank of the United
States. The government also transfers to places where it is wanted,
through that Bank, the sums accumulated at the different land offices,
for purchases of the puWc lands. '
Now all these varied operations must go on ; all these remittances
must be made— Bank of* the United States or no Bank. The Bank
does not create, but facilitates them. The Bank is a mere vehicle ;
just as much so as the steamboat is the vehicle which transports our
produce to the great mart of New Orleans, and not the grower of that
produce. It is to confound <Sause and effect, to attribute to the Bank
Atd transfer of money from the west to the east. Annihilate the
Bank tomorrow, and similar transfers of capital, the same description
of pecuniary operations, must be continued ; not so well, it is true,
but performed they must be, ill or well, under any state of circum-
stances.
The true questions are — how are they now performed ; how were
ibty conducted prior to the existence of the Bank ; how would they
be alter it ceased ? I can tell you what was our condition before the
Bank was established ; and, as I reason from the past to future expe-
rience, und^ analogous circumstances, I can venture to predict what
it will probably be without the Bank.
Before the establishment of the Bank of the United States, the
exchange business of the west was carried on by a premium, which
was generally paid on all remtttanees to the east of two and a half
96 SPBBCHBt or HCNET CLAT.
per cent. The a^;regate amount of all remittances, throughout the
whole circle of the year, waa very great, and instead of t/be sum thaa
paid, we now pay half per cent, or nothing, if notes of the Bank of
the United States be used. Prior to the Bank, we were without the
capital of the thirty millions which that institution now suppliea,
stimulating our industry and invigorating our enterprise. In Ken-
tucky we have no specie paying Bank, scarcely any currency other
than that of paper of the Bank of the United States and its branches.
How is the west to pay this enormous debt of thirty nullions of
dollars? It is impossible. It cannot be done. General distreia,
certain, wide-spread, inevitable ruin must be the consequences of ssi
attempt to enforce the payment. Depression in the value of all pro-
perty, sheriff's sales and sacrifices — bankruptcy, must neoessarly
ensue , and, with them, relief laws, paper money, a prostration of
the courts of justice, evils from which wa have just emerged, must
again, with all their train of afflictions, revisit our country. But it
is argued by the gentleman from Tennessee (Mr. White) that similar
predictions were made, without being realized, from the downfall of
the old Bank of the United States. It is, however, to be recollected,
that the old Bank did not possess one-third of the capital of the pte-
sent ; that it had but one office west of the* mountains, whilst Am
present has nine ; and that it had little or no debt due to it in thfti
quarter, whilst the present Bank has thirty millions. The war, t4N»y
which shortly followed the downfidl of the old Bank, and the sai*>
pension of specie payments, which soon followed the war, prevented
the injury apprehended from the discontinuance of the old Bank.
The same gentleman further argues that the day of payment mnrt
come ; and he asks when, better than now ? It is to be indefinitely
postponed ; is the charter of the present Bank to be perpetual ? Why,
Mr. President, all things — governments, republics, empires, laws,
human life — doubtless are to have an end ; but shall we therefoM
accelerate their termination ? The west is now young, wants oapi^
tal, and its vast resources, needing nourishment, ace daily developing.
By and by, it will accumulate wealth from its industry and enterprise,
and possess its surplus capital. The charter is not made perpetual,
because it is wrong to bind posterity perpetually. At the end of the
term limited for its renewal, posterity will have the power of deter*
mining for itself whether the Bank shall then be wound up, cc pro*
on TBI TBTO OF TRS BAKK. . 99
longed another term. And that question may be decided, as it now
o^^t to be, by a consideration of the interests of all parts of the Union,
the west among the rest SuflBoieDt fix* the day is the e? il thereof.
The President teUs us, that, that if the executive had been called
apon to fumirii the project of a Bank, the duty would have been
cheerfully performed ; and he states that a Bank, competent to i^ the
duties which may be required by the government, might be so oiga-
Dised, as not to infiringe on our own delegated powers, or the reserv-
ed rights d the States. The President is a co-ordinate branch of the
k|p'slative department. As such, bills which have passed both houses
of Congress, are presented to him for bis approval or rejection. The
Mea of going to the President for the project oi a law, is totaUy new
in the practice, and utterly contrary to the theory <]€ the government.
What should we think oi the Senate calling upon the house, or the
House upon the Senate, for the prajeet of a law. ?
In France, the king possessed the initiative of all kws, and none
could pass without its having been previously presented to one of the
chambers by the crown, through the ministers. Does the President
wish to introduce the initiative here ? Are the powers of recommen-
dation, and that of veto, not sufficient? Must all legislation, in its
commencement and in its termination concentrate in the President ?
When we shall have reached, that state of things, the election and
SBBual sessions of Congress will be a useless charge upon the peo-
ple, and the whole business of government may be economically con-
dncted by ukases and decrees.
Congress 'tloes sometimes receive the suggestions and opinions of
the heads of departaoent, as to new laws. And, at the commenee-
ment of this session, in his annual report, the Secretary of the Trea-
svry stated his reasons at large, not merely m fiivor of a Bank, but in
support of the renewal of the charter of the existing Bank. Who
could have believed that that responsible officer was communicating
to Congress opinions directly adverse to those entertained by the
President himself ? When before has it happened, that the head of a
department recommended the passage of a law which, being accord-
ingly passed and presented to the President, is subjected to his veto ?
What sort of a Bank it % with a project of which the President
wooUL have de igned to ftmdsh Congressi if they had applied to hhn,
i
100 • 8P1E0HB8 OP HmRT CLAY.
he has not stated. In the absence oi such statement^ we can only
coiyecture that it is his famous Treasury Bank, formerly recommended
by him, from which the people hare recoiled with the instinctiTe
horror, excited by the approach of the cholera.
The message states, that ^^ an investigation vnwilimgly conceded,
and so reairicted in time as necessarily to make it inccmpktt and «»-
saiufactoryf disclose enough to excite suspicion and -alarm." Ab
there is no prospect of the passage of this bill, the President's objee-
tions notwithstanding, by a ronstitutional majority of twQ-thirds, it
can never reach the House of Representatives. The members of that
House, and especially its distinguished chairman of' the committee of
ways and means, who reported the bill, are therefore cut off from all
opportunity of defending themselves. Under these circumstances,
allow me to ask how the President has ascertained that the investi*
gation was unwillingly conceded? I have understood directly the
contrary ; and that the chairman, already referred to, as well as other
members in favor of the renewal of the charter, promptly consented
to and voted for the investigation. And we all know that those in
support of the renewal could have prevented the investigation, and
that they did not. But suspicion and alarm have been excited !
Suspicion and alarm ! Against whom is this suspicion ? The
House, or the Bank, or both ?
Mr. President, I protest against the right of any Chief Magistrate
to come into either house of Congress, and scrutinize the motives of
its members ; to examine whether a measure has been passed with
promptitude or repugnance ; and to pronounce npon the willingness
or unwillingness with which it has been adopted or rejected. It is an
interference in concerns which partake of a domestic nature. The
official and constitutional relations between the President and the
two houses of Congress subsist with them as organized bodies. His
action is confined to their consununated proceedings, and does not
extend to measuses in their incipient stages, during their progress
through the houses, nor to the nootives by which they are actuated.
There are some parts of this message that ought to excite deep alarm ;
and that especially in which the President announces that each pub*
lie officer may interpret the constitution as he pleases. His language
is, ^^ Each public officer, who takes an oath to support the constitu-
tion, swears that he will support it as he understands it, and not as it
on TUB TETO OF THB BANC. 101
is understood by others." • • • « jhe opinion of the judges
has no more aathority o^rer Congress than the opinion of Congress
has over the judges ; and on thai point the Prendent is independent of
hoth.'*^ Now, Mr. President, i conceive, with great deference, that
the President has mistaken the purport of the oath to support the
constitution of the United States. No one sweats to support \i €L$ he
understands tf,but to support it simply as it is in truth. All men are
bound to obey the laws, of which the constitution is the supreme ;
but must they obey them as they are, or as they understand them 1 If
the obligation of obedience is limited and controlled by the measure
of information — in other words, if the party is bound to obey the con-
stitution only as he understands it, what would be the consequence ?
The judge of an inferior court would disobey the mandate of a supe-
rior tribunal, because it was not in conformity to the constitution, as
he understands it ; a custom house oQicer would disobey a circular
from the treasury department, because contrary to the constitution,
as he understands it ; an American minister would disregard an in-
struction from the President, communicated through the department
of Slate, because not agreeable to the constitution, as he understands
a ; and a subordinate otiicer in the army or navy, would violate the
orders of his superior, because they were not in accordance with the
constitution, as he understands it. We should have nothing settled,
nothing stable, nothing fixed. There would be general disorder and
confusion throughout every branch of administration, from the high-
est to the lowest officers — universal nullification. For what is the
doctrine of the President but that of South Carolina applied through-
out the Union? The President, independent both of Congress and
the Supreme Court ! Only bound to execute the laws of the one and
tlie decisions of the other, as far as they conform to the constitution
of the United States, as far as he understands it ! Then it should be
the duty of every President, on his installation into office, to carefully
examine all the acts in the statute book, approved by his predeces-
sors, and mark out those which he was resolved not to execute, and
to which he meant to apply this new species of veto, because they
were repugnant to the constitution as he understands it. And, after
the expiration of every term of the supreme Court, he should send for
the record of its decisions, and discriminate between those which he
would, and those which he would not, execute, because they were
or were i^ot agreeable to the constitation^ as he ttnderstands it.
•Q
lot BFMMCntB OP HIirST OLAT.
•
There is another coDstiiutional doctrine contained in the meatage,
which 18 entir<)ly new to me. It asserts that ^' the government of the
United States have no constitutional power to purchase lands within
the States,'' except ^< for the erection of forts, magazines, arsenals,
dockyards, and other needful buildings ;" and even for these objects,
only ^^ by the consent of the Legislature of the State in which the
same shall be." Now sir, I had supposed that the right of CongreM
to purchase lands in any State was incontestible : and, in point of
fiM^t, it probably at this moment, owns land in every State of the
(Jnion, purchased for taxes, or as a judgment or mortgage creditor.
And there are various acts of Congress which regulate the purchase
and transfer of such lands. The advisers of the Pre.sident have con*
founded the feculty of purchasing lands with the exercise of exclusiTe
jurisdiction, which is restricted by the constitution to the forts aed
other buildings described.
The message presents some striking instances of discrepancy. 1st.
It contests the right to establish one bank, and objects to the bill tbat*^
it limits and restrains the power of Congress to establish several, dd.
It urges that the bill does not recognise the power of State taxation
generally ; and complains that facilities are afforded to the exercise
of that power in respect to the stock held by individuals. 3d. It ob-
jects that any bonus is taken, and insists that not enough is demand*
" ed. And 4th. It complains that foreigners have too much influence,
and that stock transferred loses the privilege of representation in the
elections of the Bank, which, if it were retaitied, would give theot
more.
Mr. President, we are about to close one of the longest and most
arduous sessions of Congress under the present constitution ; and
when we return among our constituents, what account of the opera-
tions of their government shall we be bound to communicate } We
shall be compelled to say, that the Supreme Court is paralysed, and
the missionaries retained in prison in contempt of its authority, and in
defiance of numerous treaties and laws of the United States ; that
the Elxecutive through the Secretary of the Treasury, sent to Con*
gress a tariff bill which would have destroyed numerous branches of
our domestic industry, and led to the destruction of all ; that the veto
has been applied to the Bank of the United States, our only reliance
for a sound and uniform currency ; that the Senate has been violently
\
OH TBI TBTO OF THE BANK.
103
attacked for the exercise of a clear constitutional power ; that the
House of Representatives has heen unnecessarily assailed ; and that
the President has promulgated a rule of action for those who hare
taken the oath to support the constitution of the United States, that
must, if there be practical conformity to it, introduce general nullifi-
cation! and end in the absolute subTersion of the gOTcmment.
' ■ ••
-ji . •
ON THE PUBLIC LANDS.
Iw THE Senate op the United States, 1832.
[The proper disposition of the Public Lands o\ the United States, afier the pay
ment of the Revolutionary Debt for which they were originally pledged, and to aid
in di^churxin^ which was a principal inducement to their cession by the States to
the Union, had for some time been a subject of increasing solicitude to our wisest
statesmen. President Jekkkksox, as early as 1S06, suggested the appropriation of
their proceeds to the construction of works oflnlernal Improvement and to the support
of Education, even though it should be deemed prerequisite to alter the Federal Con-
stitution. General Jack^ox, as early as 1S90, again called the attention of Congress to
the subject, and pro|K>sed the cession of the remaining Lands, without recompense, to
the several States v/hich contained them, thu.^ shutting out the Old Thirteen States
altogether (with a good part of the New,) from any participation in their benefits.
This proposition would very naturally be received with great favor in the States
containing Public Lands, while the others might very safely be relied on, judging
from all exinrrience, lo take little or no interest in the subject. Mr. Clav and Gen- .
eral Jacksox were then rival candidates for President, and the election not very
distant ; and the adversaries of Mr. Clav, composing a decided majority of the
Senate, having placed iiim at the head of the Committee on Manufactures, now
resolved to embarrass and prejudice him with the New States by referring to that
committee this proposition to give away to those States the Public Lands. Extrs-
ordinary as this resolution may well seem, it was carried into eflect, and Mr. Clat
required to n^port directly on this project of Cession. He did not hesitate to discharge
manfully the duty so un£;raciously thrust upon him, and after eaniest consid<-ratioii,
devised and reported a bill to Distribute to all the Statks the Proceeds of thIi
Public Lands, with which his fame and fortunes will stand identified to all future
time. In supi>ort of this bill, he addressed the Senate as follows :]
In rising to address the Senate, I owe, in the first place, th^ ex-
pression of my hearty thanks to the majority, hy whose vote, just
given, I am indulged in occupying the floor on this most important
question. I am happy to see that the days when the sedition acts
and gag laws were in force, and when screws were applied for the
suppression of the freedom of speech and debate, are not yet to return ;
and that, when the consideration of a great question has been special*
ly assigned to a particular day, it is not allowed to be arrested and
thrust aside by any unexpected and unprecedented parliamentary
nuuKBuvre. The decision of the majority demonstrates that feelings
Olf THE PUBLIC LANDS. . 105
of liberality, and courtesy, and kindness still prevail in the Senate ;
and that they will be extended even to one of the huniblest members
of the body ; for such, I assure the Senate, I feel myself to be.*
It may not be amiss again to allude to the extraordinary reference
of the subject of the public lands to the committee of manufactures.
I have nothing to do with the motives of honorable Senators who com-
posed the majority by which that reference was ordered. The deco-
rum proper in this hall obliges me to consider their motives to have
been pore and patriotic. But still I must be permitted to regard the
proceeding as very unusual. The Senate has a standing committee
on the public lands, appointed under long established rules. The
members of that committee are presumed to be well acquainted with
the subject ; they have some of them occupied the same station for
many years, are well versed in the whole legislation on the public
lands, and familiar with every branch of it — and four out of five of
them come from the new States. Yet, with a full knowledge of all
these circumstances, a reference was ordered by a majority of the
Senate to the committee on manufactures — ^a committee than which
there is not another standing committee of the Senate whose prescrib-
ed duties are more incongruous with the public domain. It happen-
ed, in the constitution of the committee of mannfieustures, that there
was not a solitary Senator from the new States, and but one from any
western State. We earnestly protested against the reference, and
insisted upon its impropriety ; but we were overruled by the majority,
including a majority of Senators from the new States. I will not at-
tempt an expression of the feelings excited in my mind on that occa-
sion. Whatever may have been the intention of honorable Senators,
I could not be insensible to the embarrassment in which the commit-
tee of manufactures was placed, and especially myself. Although
any other other member of that committee could have rendered him-
self, with appropriate researches and proper time, more competent
than I was to understand the subject of the public lands, it was known
that, from my local position, I alone was supposed to have any par-
* This cmbject had been aet down for this day. It was generally expected, in and
out of the Senate, that it would be taken np, and that Mr. Clay would address the
Senate. The members were generally in their seat?, and the gallery and lobbies
crowded. At the customary hour, he moved that the subject pending should be laid
on the table, to take up the Lemd BiU. It was ordered accordingly. At this point of
time Mr. Forsyth made a motion, eupported by Mr. Taiwell, that the Senate pro-
ceed to executive bnsineas. The motion was overruled
106 SPKBCBIt OV HINBT ChAY.
iicular knowledge of them. Whatever emanated from the committee
was likely, therefore, to be ascribed to me. If the committee should
propose a measure of great liberality towards the new States, the old
States might complain. If the measure should seem to lean towards
the old States, the new might be dissatisfied. And, if it inclined to
neither class of States, but recommended a plan according to which
there would be distributed impartial justice among all the States, if
was far from certain that any would be pleased.
Without venturing to attribute to honorable Senators the purpose
of producing this personal embarrassment, I felt it as a necessary cos-
sequence of their act, just as much as if it had been in their contemr
plation. Nevertheless, the committee of manufactures cheerfully
entered upon the duty which, againi^ its will, was thus assigned to it
by the Senate. And, for the causes already noticed, that of prepar-
ing a report and suggesting some measure embracing the whole sul^
ject, devolved in the committee upon me. The general features of
our land system were strongly impressed on my memory ;« but I found
it necessary to re-examine some of the treaties, deeds of cession, and
laws which related to the acquisition and administration of the
public lands ; and then to think of, and, if possible, strike out some
project, which, without inflicting injury upon any of the States, mi^
deal equally and justly with all of them. The report and bill, sub-
mitted to the Senate, after having been previously sanctioned by a
majority of the committee, were the results of this consideration. The
report, with the exception of the principle of distribution which con-
cludes it, obtained the unanimous concurrence of the committee of
manufactures.
This report and bill were hardly read in the Senate before they
were violently denounce^* And they were not considered by the
Senate before a proposition was made to refer the report to that vcxy
conunittee of the public lands to which, in the first instance, I con-
tended the subject ought to have been assigned. It was in vain that
we remonstrated against such a proceeding, as unprecedented, as im-
plying unmerited censure on the conmiittee of manu&ctures as lead-
ing to interminable references ; for what more reason could there be
to refer the report of the committee of manufactures to the land com-
mittee, than would exist for a subsequent reference to the report of
this eommittee, when made, to some third committee, and so on in
ON THE PUBUC LAMM. 107
an endless circle ? In spite of all our remonstrances, the same ma-
jority, with but little if any variation, which had originally resolved
to refer the subject to the committee of manufactures, now determin-
ed to commit its bill to the land committee. And this not only with-
out particular examination into the merits of that bill, but without
the avowal of any specific amendment which was deemed necessary !
The committee of public lands after the lapse of some days, presented
a report, and recommended a reduction of the price of the public
lands immediately to one dollar per acre, and eventually to fifty cents
per acre ; and the grant to the new States of fifteen per cent, on the
nett proceeds of Ihe sales, instead of ten, as proposed by the com-
mittee of manufactures, and nothing to the old States.
And now, Mr. President, I desire, at this time, to make a few ob-
eervations in illustration of the original report ; to supply some omis-
aions in its composition *, to say something as to the power and rights
4>f the general government over the public domain to submit a few
jemarks on the counter report; and to examine the assumptions
which it contained, and the principles on which it is founded.
No subject which had presented itself to the present, or perhaps
any preceding Congress, was of greater magnitude than that of the
public lands. There was another, indeed, which possessed a more
exciting and absorbing interest — but the excitement was happily but
temporary in its nature. Long after we shall cease te be agitated by
the tariff, ages after our manufactures shall have acquired a stability
and perfection which will enable them successfully to cope with the
manufactures of any other country, the public lands will remain a 4
subject of deep and enduring interest. In whatever view we con-
template them, there is no question of such vast importance. As to
their extent, there is public land enough to found an empire ; stretch-
ing across the immense continent, £r6m the Atlantic to the Pacific
ocean, fix>m the Gulf of Mexico to the northwestern lakes, the quan-
tity, according to official surveys and estimates, amounting to the
prodigious sum of one billion and eighty millions of acres ! As to
the duration of the interest regarded as a source of comfort to our
people, and of public income-— during the last year, when the great-
est quantity was sold that ever in one year, had been previously sold,
it amounted to less than three millions of acres, producing three mil-
lioBS and a half of dollars. Assuming that year as afibrding the stand-
108 ' SP£ICHB8 OF HENRT CLAT.
ard rate at which the lands will be annually sold, it would peqaire
three hundred years to dispose of them. Bu^ the sales will prohaUj
be accelerated from increased population and other causes. We mfty
safely, however, anticipate that lon^, if not centuries after the pre-
sent day, the representatives of our children's children may be de-
liberating in the halls of Congress, on laws relating to the public
lands.
The subject in other points of view, challenged the fullest atten
tion of an American statesman. If there were any one circumstance
more than all others which distinguished our happy condition frofn
that of the nations of the old world, it was the possession of this
vast national properly, and the resources which it afibrded to our
people and our government. No European nation, (possibly with
the exception of Russia,) commanded such an ample resource. With
respect to the other republics of this continent, we have no inforniA-
tion that any of them have yet adopted a regular system of previous
survey and subsequent sale of their wild lands, in convenient tracts^
well defined, and adapted to the wants of all. On the contrary, the
probability is that ihey adhere to the ruinous and mad system of old
Spain, according to which large unsurveyed districts are granted to
fiivorite individuals, prejudicial to them, who often sink under the
incumbrance, and die in poverty, whilst the regular current of entii-
gration is checked and diverted from its legitimate channels.
And if there be in the operations of this government, one which
more than any other displays comsummate wisdom and statesmao-
ship, it is that system by which the public lands have been so suc^
cessfully administered. We should pause, solemly pause, before we
subvert it We should touch it hesitatingly, and with the gentlest
hand. The prudent manaa[ement of the public lands, in the hands of
the general government, will be more manifest by contrasting it with
that of several of the States, which had the disposal of large bodies
of waste lands. Virginia possessed an ample domain west of die
mountains, and in the present State of Kentucky, over and above her
munificent ^cession to the general government. Pressed for pecuni-
ary means, by the revolutionary war, she brought her wild lands,
during its progress, into market, receiving payment in paper money.
There were no previous surveys of the waste lands — no townships,
no sections, no official definition or descriDtioQ of tracts. Each por-
r
M Tn posuc LAtnm. lOS
ehaaer made his own location, describing the land booght as he
thooght proper. Tbe*e locations or descriptions were often vague
ud uncertain. The consequence was, that the same tract was not
nnfrequentlj entered Tirious times by difierent purchasers, so as to
be literally shingled over with conflicting claims. The state perhaps
■old in this way, much more land than it was entitled to, but then it
received nothing in return that was valuable; whilst the purchaser*
in consequence of the clashing snd interference between their lighta,
were exposed to tedious, vexatious, and ruinous litigation. Ken-
tucky long and severely sufiered from this cause ; and is just emerg-
ing from tbe troubles brought upon her by improvident land Icgisla-
klion. Western Virginia hoa also suffered greatly, though not to
the same extent.
The state of Georgia had large bodies of waste lands, which she
dbposed of in a manner satisfactory no doubt to herself, but aston-
ishing to every one out of that commonwealth. According to her
system, waste lands are distributed in lotteries among the people of
the State, in conformity with the enactments of the legislature. And
when one district of country is disposed of, as there are many who do
not draw prizes, the unsuccessful call out for fresh distributions.
These are made from time to time, as lands are acquired from the
liidians ; and hence one of the causes of the avidity with which the
Indian lands are sought. It is manifest that neither the present gen- .
eration nor posterity can derive much advantage from his mode <d
alienating public lands. On the contrary, I should think, it cannot
fail to engender speculation and a spirit of gambling. ■
The State of Kentucky, in virtue of a compact with Virgiu'a, ac-
quired a right to a quantity of public lands south of Green river.
Neglecting to profit by the unfortunate example of the parent S(at4!,
■be did not order the country to be surveyed previous tQ its being
tiered to purchasers. Seduced by some of those wild land projects,
of which at oil times there have been some afloat, and which hither-
to the general government alone has firmly resisted, she was tempted
to ot&T her waste lands to settlers, at different prices, under the name
(^ head-rights or pre-emptions. As the laws, like most lirgislation
upon euch subjects, were somewhat loosely worded, the keen eye of
the speculator soon discerned the defects, and he took advantsge of
them. Ingt«iic« hod oocnned of maiters (ArtaiiuDg cerificatea of
110 tPXBcaKs or uihet clat.
bead-rights in the name of their slaves, and thus securing the land,
in contravention of the intention of the legislature. Slaves generally
have but one name, being called Tom, Jack, Dick, or Harry To
conceal the fraud, the owner would add Black, or some other cog-
nomination, so that the certificate would read Tom Black, Jack
Black, &c. The gentleman from Tennessee, (Mr. Grundy,) will
remember, some twenty-odd years ago, when we were both mem-
bers of the Kentucky legislature, that I took occasion to animadvert
upon these fraudulent practices, and observed that when the names
came to be alphabeted, the truth would be told, whatever might be
the language of the record ; for the alphabet would read Black Tom,
Black Harry, &c. Kentucky realised more in her treasury than the
parent State had done, considering that she had but a remnant of
|>ublic lands, and she added somewhat to her population. But they
were far less available than they would have been under a system of
previous survey and regular sale.
These observations in respect to the course of the respectable States
referred to, in relation to their public lands, are not prompted by any
unkind feelings towards them, but to show the supeiiority of the
4and system of the United States.
Under the system of the general government, the wisdom of which,
in some respects, is admitted even by the report of the land commit-
tee, the country subject to its operation, beyond the Alleghany
mountains, has rapidly advanced in population, improvement and
prosperity. The example of the State of Ohio was emphatically re-
lied on by the report of the committee of manufactures — its million
of people, its canals, and other improvements, its flourishing towns,
its highly cultivated fields, all put there within less than forty years,
^o weaken the force of this example, the land committee deny that
the population of the State is principally settled upon public lands
derived from the general government. But, Mr. President, with
great deference to that committee, 1 must say that it labors under
misapprehension. Three-fourths, if not four-fifths of the population
of that State, are settled upon public lands purchased from the United
States, and they are the most flourishing parts of the State. For the
correctness of this statement I appeal to my friend from Ohio, (Mr.
Ewing,) near me. He knows as well as I do, that the rich valleys
of the Miami of Ohio, and the Maumee of the Lake, the Sciota and
*
09 rWE nhUC LAHOt. Ill
die Miukingiim are prioeipally settled by pertoni deriving titles to
their lands from the United States.
In a national point of view, one of the greatest advantages
these public lands in the west, and this system of selling them, affi>rds,
is the resource which they present against pressure and want, in other
parts of the Union, from the vocations of society being too closely
filled, and too much crowded. They constantly tend to sustain the
price of labor, by the opportunity which they offer of the acquisitioB
of fertile land at a moderate price, and the consequent temptation to
emigrate from^ those parts of the Union where labor may be badly
lewarded. I
The progress of settlement, and the improvement in the fortunes
and condition of individuals, under the operation of this beneficent
system, are as simple as they are manifest. Pioneers of a more ad*-
venturous character, advancing Ivsfore the tide of emigration, pene*
trate into the uninhabited regions of the west. They apply the axe
to the forest, which &lls before them, or the plough to the prahrie,
■deeply sinking its share in the unbroken wild grasses in which it
abounds. They build houses, plant orchards, enclose fields, cultivate
the earth, and rear up families around them. Meantime, the tide of
emigration flows upon them, their improved &rms rise in value, a de-
mand for them takes place, they sell to the new comers, at a great
advance, and proceed farther west, with ample means to purchase
from government, at reasonable prices, sufficient land for all the mem-
bers of their fiunilies. Another and another tide succeeds, the first
poshing on westwardly the previous settlers, who, in their turn, sell
out their fiirms, constantly augmenting in price, until they arrive at
a fixed and stationary value. In this way, thousands and tens of
thousands are daily improving their circumstances and bettering their
condition. I have often witnessed this gratifying progress. On the
same farm you may sometimes behold, standing together, the first
Tode cabin of round and unhewn logs, and wooden chimneys, the
hewed log house, chinked and shingled, with stone or brick chim-
neys ; and, lastly, the comfortable brick or stone dwelling, each de-
noting the different occupants of the fiirm, or the several stages of the
oondition of the same occupant. What other nation can boast of such
an ouUet for its increasing population, such bountiful means of pro-
motinfr their prosperity, and securing their independence ?
112 tPEICBSt OV HBITRT CLAT.
To the pablic lands of the United States, and especially to the ex-
isting system by which they are distributed with so much regularity
and equity, are we indebted for these signal benefits in our national
eondition. And every consideration of duty, to ourselves, and to
posterity, enjoins that we should abstain from the adoption of aay
wild project that would cast away this vast national property, holden
by the general government in sacred trust for the whole people of tlie
United States, and forbids that we should rashly touch a system which
has been so successfully tested by experience.
It has been only within a few years that restless men have thrown
before the public their visionary plans for squandering the public do-
main. With the existing laws the great State of the west is satisfied and
contented. She has felt their benefit, and grown great and powerful
under their sway. She knows and testifies to the liberality of the
general government in the administration of the public lands, extend-
ed alike to her and to the other new States. There are no petitions
from, no movements in Ohio, proposing vital and radical changes in
the systsm. During the long period, in the House of Representa-
tives, and in the Senate, that her upright and unambitious citizen, the
first representative of that State, and afterwards successively Senator
and Governor, presided oyer the committee of public lands, we heard of
none of these chimerical schemes. All went on smoothly, and quietly,
and safely. No man, in the sphere within which he acted, ever com-
manded or deserved the implicit confidence of Congress more than
Jeremiah Morrow. There existed a perfect persuasion of his entire
impartiality and justice between the old States and the new. A few
artless but sensible words, pronounced in his plain Scotch Irish dia-
lect, were always sufficient to ensure the passage of any bill or reso-
lution which he reported. For about twenty-five years, there was
no essential change in the system ; and that which was at last made,
varying the price of the public lands from two dollars, at which it had
all that time remained, to one dollar and a quarter, at which it has
been fixed only about ten or twelve years, was founded mainly on the
oonsideratioQ of abolishing the previous credits.
Assuming the duplication of our population in terms of twenty-
five years, the demand for waste land, at the end of every term, will
at least be double what it was at the commencement. But the ratio
of the increased demand will be much greater than the increase of
ON THE FUBUC ZJkMDS. lid
tlie whole population of the United States, because the Western
States nearest to, or including i\Le public lands, populate much more
rapidly than other parts of the Union ; and it will be from them that
the greatest current of emigration will flow. At this moment Ohio,
Kentucky, and Tennessee, are the most migrating States in the Union.
To supply this constantly augmenting demand, the policy, which
has hitherto characterized the general government, has been highly
liberal both towards individuals and the new States. Large tracts,
fax surpassing the demand of purchasers, in every climate and situa-
tion, adapted to the wants of all parts of the Union, are brought into
market at moderate prices, the government having sustained all the
expense of the original purchase, and of surveying, marking, and di-
viding the land. For fifty dollars any poor man may purchase forty
acres of first rate land ; and for less than the wages of one year's labor,
he may buy eighty acres. To the new States, also, has the govern-
ment been liberal and generous in the grants for schools and for inter-
nal improvements, as well as in reducing the debt, contracted for the
purchase of lands, by the citizens of those States, who were tempted,
in a spirit of inordinate speculation, to purchase too much, or at too
high prices.
Such is a rapid outline of this invaluable national property — of the
system which regulates its management and distribution, and of the
efiects of that system. We might here pause, and wonder that there
should be a disposition with any to waste or throw away this great
resource, or to abolish a system which has been fraught with so many
manifest advantages. Nevertheless, there are such, who, impatient
with the slow and natural operation of wise laws, have pot forth va-
rious pretensions and projects concerning the public lands, within a
few years past. One of these pretensions is an assumption of the
sovereign right of the new States to all the lands within their respec-
tive limits, to the exclusion of the general government, and to the
exclusion of all the people of the United States, those in the new
States only excepted. It is my purpose now to trace the origin, ex-
amine the nature, and expose the injustice of this pretension.
•
This pretension may be fiurly ascribed to the propositions of the
gentleman from Missouri, (Mr. Benton,) to graduate the public lands,
to reduce the price, and cede the ^* refuse" lands (a term which I
It4 fFKICHIt OF RXNIT GLAT.
believe originated with him) to the States within which they Ii«.
Prompted probably, by these propositions, a late Governor of llJinoia,
anwilling to be outdone, presented an elaborate message to the l^is*
iature of that State, in which he gravely and formally asserted the
right of that State to all the land of the United States, comprehended
within its limits. It must be allowed that the Governor was a most
knpartial judge, and the legislature a most disinterested tribunal, to
decide such a question.
The senator from Missouri was chanting most sweetly to the tuiie^
^ refuse lands," ^' refuse lands," '< refuse lands," on the Missouri side
of the Mississippi, and the soft strains of his music, having caught
the ear of his excellency, on the Illinois side, he joined in chorus, and
ftmck an octave higher. The senator from Missouri wished only to
pick up some crumbs which fell firom Uncle Sam's table ; but ths
Governor resolved to grasp the whole loaf. The senator modestly
claimed only an old smoked, rejected joint ; but the stomach of hb
excellency yearned after the whole hog ! The Governor peeped over
the Mississippi into Missouri, and saw the senator leisurely roaming
in some rich pastures, on bits of refuse lands. He returned to IllincMs,
and, springing into the grand prairie, determined to claim and oocupj
it, in all its boundless extent.
Then came the resolution of the senator from Virginia, (Mr. Tai»-
well,) in May, 1826, in the following words :
«<
Rnehid, That it ia expedient for the ITuited States to cede and tarrpnder to Am
■everal States, within whose limits the same may be sitaated^ all the riisht, title» aad
interest of the United States, to any lands lying and being within the boundaries of
Moh States, respectively, upon such terms and conditions as may be conastent with
the due observance of tne public faith, and with the general interest of the United
The latter words rendered the resolution somewhat ambiguous ;.
bat still it contemplated a cession and surrender. Subsequently, the
senator firom Virginia proposed, after a certain time, a gratuitous snr«
render of all unsold lands, to be applied by the legislature, w 9uppoti
of education and the intemal iuq)ravement of the State.
CHera Mr. Taaewell controverted the statement. Mr. Clay called to tba Secrertiy
to hand him the journal of April, 1828, which he held up to the Senate, and read fimn
itIiieroikiWingi
• *"Ib«bil togndiHt thtprieeoftliep«bliohuidi»to ouikndoiyitioasdierMf Is
OH THI VUBLXC LAKM. Il9
Miml mnUn, tnd to etde the refuse to the Stetes in which thej lit, beio^ vadtr
ooanderatioB—
Mr. Tazewell moyed to insert the following as a substitute :
" That the lands which shall have been subject to sale under the provisions of this
act, and 6hall remain unsold for two years, after having been oti'rred at twenty-five
cents per acre^ shall be, and the same is ceded to the State in which the same may
lie, to be applied by the legislature thereof in support of edvcation, and the interaal
improvement of the State.'*]
Thus it appesra not only that the honorable senator proposed the
cession, bat showed himself the friend of edur;ation and internal im-
prorements, by means derived from the general government. For
this liberal disposition on his part, I believe it was, that the State of
Missouri honored a new county with his name. If he had carried
his proposition, that State might well have granted a principality to
him.
. The memorial of the legislature of niinois, probably produced by
the message of the Governor already noticed, had beeir presented,
asserting a claim to the public lands. And it seems (although the
ftct bad escaped my recollection until I was reminded of it by one of
lier senators (Mr. Hendricks,) the other day, that the legislature of
Indiana had instructed her senators to bring forward a similar claim.
At the last session, however, of the legislature of that State, resolu-
tions had passed, instructing her delegation to obtain from the gene-
ral govenunent cessUms of the unappropriated public lands, on the
most favorable terms. It is clear from this last expression of the will
of that legislature, that, on reconsideration, it believed the right to
the public lands to be in the general government, and not in the State
cC Indiana. For, if they did not belong to the general government,
it had nothing to cede ; if they belonged already to the State, no
cession was necessary to the perfection of the right of the State.
I will here submit a passing observation. If the general govern-
ment had the power to cede the public lands to the new States for
particular purposes, and on prescribed conditions, its power must be
unquestionable to make some reservations for similar purposes in be-
half of the old States. Its power cannot be without limit as to the
new States, and circumscribed and restricted as to the old. Its capa-
city to' bestow benefits or dispense justice is not confined to the new
Slalaa^ but is coextensive with the whole Union. It may grant to
ally or it can grant to none. And this comprehensive ec^oity is not
4
/
116 8PEKCHS8 OF HENRT CLAT.
only Id conformity with the spirit of the cessions in the deeds from
the ceding States, but is expressly enjoined by the terms of those
deeds.
Such is the probable origin of the pretension which 1 have been
tracing ; and now let us examine its nature and foundation. The ar*
gument in behalf of the new States, is founded on the notion, that as
the old States, upon coming out of the revolutionary war, had or
claimed a right to all the lands within their respective limits ; and as
the new States have been admitted into the Union on the same foot*
ing and condition in all respects with the old, therefore they are enti-
tled to all the waste lands embraced within their boundaries. But the
argument forgets that all the revolutionary States had not waste
lands ; that some had but very little, and others none. It forgeUi
that the right of the States to the waste lands within their limits was
controverted ; and that it was insisted that, as they had been con-
quered in a common war, waged with common means, and attended
with general sacrifices, the public lands should be held for the com-
mon benefit of all the States. It forgets that in consequence of this
right asserted in behalf of the whole Union, the States that contained
any large bodies of waste lands (and Virginia, particularly, that bad
the most) ceded them to the Union for the equal benefit of all the
States. It forgets that the very equality, which is the basis of the
argument, would be totally subverted by the admission of the validity
of tiie pretension. For how would the matter then stand } The re-
volutionary States will have divested themselves of the large districts
of vacant lands which they contained, for the common benefit of all
the States ; and those same lands will enure to the benefit of the new
States exclusively. There will be, on the supposition of the validity
of the pretension, a reversal of the condition of the two classes of
States. Instead of the old having, as is alleged, the wild lands which
they included at the epoch of the revolution, they will have none,
and the new States ali* And this in the name and for the purpose
of equality among all the members of the confederacy ! What, espe-
cially, would be the situation of Virginia ? She magnanimously ceded
an empire in extent for the common benefit. And now it is proposed,
not only to withdraw that empire from the object of its solemn dedi-
cation, to the use of all the States, but to deny her any particijJation
in it, and appropriate it exclusively to the benefit of the new States
carved out of it.
OH TBI FUBUC LANlHh ^ 117
If the new States had any right to the public lands, in order to
produce the very equality contended for, they ought forthwith to cede
that right to the Union, for the common benefit of all the Stales. Ha-
ving no such right, they ought to acquiesce cheerfully in an equality
which does, in bct^ now exist between them and the old Statea
f
The committee of manu&ctures has clearly shown, that if the right
were recognised in the new States now existing, to the public lands
within their limits, each of the new States, as they mighf hereafter
be successively admitted into the Union, would have the same right ;
and consequently that the pretension under examination embraces, in
efiect, the whole public domain, that is, a billion and eighty millions
of acres of land.
The right of the Union to the public lands is incontestible. It ought
.not to be considered debateable. It never was questioned but by a
few, whose monstrous heresy, it was probably supposed, would escape
:Animadversion from the enormity of the absurdity, and the utter im-
practicability of the success of the claim. The right of the whole is
aealed by the blood of the revolution, founded upon solemn deeds^of
oession from sovereign States, deliberately executed in the face of the
world, or resting upon national treaties concluded with foreign pow-
ers, on ample equivalents contributed from the common treasury of
the people of the United States.
This right of the whole was stamped upon the face of the new
States at the very instant of their parturition. They admitted and
recognised it with their first breath. They hold their stations, as
members of the confederacy, in virtue of that admission. The sena-
tors who sit here, and the members in the House of Representatives
from the new States, deliberate in Congress with other senators and
representatives, under that admission. And since the new States came
into being, they have recognised this right of the general government
by innumerable acts.
By their concurrence in the jyussage of hundreds of laws respecting
the public domain, founded upon the incontestible right of the whole
of the States.
By repeated applications to extbguish Indian titles, and to survey
the fauida which they covered.
^ H
118 IPBKCHBt OF HBITRT CLAT.
And l»7 solicitation and acceptance of extensire grants from thft
general government, of the public lands.
The existence of the new State is a felsehood, or the right of all
the States to the public domain is an undeniable truth. They ha^e
no more right to the public lands, within their particular jurisdiction,
than other States have to the mint, the forts and arsenals, or public
ships within theirs, or than the people of the District of Columbia
have to this magnificent capitol, in whose splendid halls we now de-
liberate,
The equality contended for between all the States now exists. The
public lands are now held, and ought to be held and adininistered lor
the common benefit of all. I hope our fellow citizens of Illinois, In-
diana, and Missouri will reconsider the matter ; that they will cease
to take counsel from demagogues who would deceive them, and instill
eiToneous principles into their ears ; and that they will feel and ac-
knowledge that their brethren of Kentucky and of Ohio, and of all
the States in the Union, have an equal right with the citizens of those
three Stales in the public lands. If the possibility of an event so dire-
ful as a severance of this Union, were for a moment contemplated,,
what would be the probable consequence of such an unspeakable
calamity ; if three confederacies were formed out of its fragments, do
you imagine that the western confederacy would consent to the States
including the public lands, holding them exclusively for themselves ?
C^n you imagine that the States of Ohio, Kentucky and Tennessee,
would quietly renounce their right in all the public lands west of
them ? No, sir ! No, sir ! They would wade to their knees in
blood before they would make such an unjust and ignominious sur-
render.
But this pretension, unjust to the old States, unequal as to all,
would be injurious to the new States themselves, in whose behalf it
has been put forth, if it were recognized. The interest of the new
States is not confined to the lands within their limits, but extends to
the whole billion and eighty millions of acres. Sanction the claims
however, and they are cut down and restricted to that which is in-
cluded in their own boundaries. Is it not better for Ohio, instead of
the five millions and a half — ^for Indiana, instead of the fifteen mil-
lions—or even for Illinois, instead of the thirty-one or thirty-two mill-
ON THE PUBLIC LANDS. 119
Missouri, instead of the thirty-eight millions — within their
respective limits, to retain their interest in those several quantities,
tad also retain their interest, in common with the other members of
the Union, in the countless millions of acres that lie west, or north-
weBiy beyond them ?
I will now proceed, Mr. President, to consider the expediency of a
reduction of the price of the public lands and the reasons assigned by
the land committee^ in their report, in &vor of that measure. They
are presented there in formidable detail, and spread out under seven
difierent heads. Let us examine them : the first is, '^ because the
new States have a clear right to participate in the benefits of a reduc-
tion of the revenue to the wants of the government, by getting the
reduciion extended to the article of revenue chiefly used by them.^^ Here
is a renewal of the attempt made early in the session to confound the
public lands with foreign imports, which was so successfully exposed
and refuted by the report of the committee on manufactures. Will
not the new States participate in any reduction of the revenue, in
common with the old States, without touching the public lands ? As
fiur as they are consumers of objects of foreign imports, will they not
equally share the benefit with the old States ? What right, over and
above that equal participation, have the new States to a reduction of
the price of the public lands ? As States j what right, much less
what ^* clear right" have they to any such reduction ? In their sove-
mgn or corporate capacities, what right ? Have not all the stipula-
tions between them, as States y and the general government been fully
complied with ? Have the people within the new States, consider-
ed distinct from the States themselves, any right to such reduction f
Whence is it derived ? They went there in pursuit of their own
happiness. They bought lands from the public because it was their
interest to make the purchase, and they enjoy them. Did they, be-
cause they purchased some land, which they possess peacefully, ac-
quire any, and what right, in the land which they did not buy ? But
it may be ar^ed, that by settling and improving these lands, the ad-
jacent public lands are enhanced. True ; and so are their own. The
enhancement of the public lands was not a consequence which they
went there to produce, but was a collateral efiect, as to which they
were passive. The public does not seek to avail itself of this aug-
mentation in value, by augmenting the price. It leaves that where it
iras ; and tfie demand for reduction is made in behalf of those who
I
120 fPEECHES OF RENRT CLAT.
say their labor has increased the value of the public lands, and the
claim to reduction is founded upon the fact of enhanced value! The
public, like all other landholders, had a right to anticipate that the
sale of a part would communicate, incidentally, greater value upon
the residue. And, like all other land proprietors, it hA the right to
ask more for that residue, but it does not, and for one, I should be.as
unwilling to disturb the existing price by augmentation as by reduc-
tion. But the public lands is the article of revenue which the people
of the new States chiefly consume. In another part of this report libe-
ral grants of the public lands are recommended, and the idea of Hold-
ing the public lands as a source of revenue is scouted, because it is
said that more revenue could be collected from the settlers as comm-
mers, than from the lands. Here it seems that the public lands are
the articles oi revenue chiefly consumed by the new States.
With respect to lands yet to be sold, they are open to the purch
' alike of emigrants from the old States, and settlers in the new. As
the latter have most generally supplied themselves with lands, the
probability is, that the emigrants are more interested in the question
of reduction than the settlers. At all events, there can be no peculiar
right to such reduction existing in the new States. It is a question
common to all, and to be decided in reference to the interest of tiie
whole Union.
2. " Because the public debt being now paid, the public lands are entirely relaaaed
from the pledge the^ were under to that objectj and are free to receive a mw and
liberal datination^fir tht rditfcf the Stata in lohich Ihey lie.**
The payment of the public debt is conceded to be near at hand ;
and it is admitted that the public lands, being liberated, may now re-
ceive a new and liberal destination. Such an appropriation of their
proceeds is proposed by the bill reported by the committee of maan-
fieu^tores, and which I shall hereafter call the attention of the Senate
more particularly to. But it did not seem just to that committee,
that this new and liberal destination of them should be restricted *< for
the rolief of the States in which they lie," exclusively, but should
extend to all the States indiscriminately upon principles of equitable
distribution.
8. '* Because nearly one hundred millions of acres of the land now in market ara
the refuse of saleft and donations, throngh a long series of yeanr, and are of yery lit*
tie actnal value, and only fit to be given to aettleDi, or abandoned to the States in
which they lie.**
OM THl PUBLIC LANDS. Idl
• *
According to an official statement, the total quantity of pablic land
which has been surveyed up to the 31st of December last, was a little
upwards of one hundred and sixty-two millions of acres. Of this a
large proportion, perhaps even more than the one hundred millions
of acres stated in the land report, has been a long time in market.
The entire quantity which has ever been sold by the United States,
up to the same day, after deducting lands relinquished and lands re-
verted to the United States, according to an official statement, also,
is twenty-five millions two hundred forty-two thousand five hundred
and ninety acres. Thus after the lapse of thirty-six years, during
which the present land system has been in operation, a little more
than twenty-five millions of acres have been sold, not averaging a
million per annum, and upwards of one hundred millions of the sur-
veyed lands remain to be sold. The argument of the report of the
land committee assumes that '< nearly one hundred millions are the
refuse of sales, and donations," are of very little actual value, and
only fit to be given to settlers, or abandoned to the States in which
they lie.
Mr. President, let us define as we go— let us analyze. What do
the land committee mean by '^ refuse land ?" Do they mean worth-
less, inferior, rejected land, which nobody will buy at the present
government price ? Let us look at facts,- and make them our guide.
The government is constantly pressed by the new States to bring
more and more lands into the market ; to extinguish more Indian titles ;
to survey more. The new States themselves are probably urged
to operate upon the general government by emigrants and settlers,
who see still before them, in their progress west, other new lands
which they desire The general government yields to the soliciti^
tions. It throws more land into the market, and it is annually and
daily preparing additional surveys of fresh lands. It has thrown)
and is preparing to throw open to purchasers already one hundred
and sixty-two millions of acres. And now, because the capacity to
purchase, in its nature limited by the growth of our population, is to-
tally incompetent to absorb this immense quantity, the government
is called upon, by some of the very persons who urged the exhibition
of this vast amount to sale, to consider all that remains unsold as re-
fuse ! Twenty-five millions in thirty-six years only are sold, and all
the rest is to be looked upon as refuse. Is this right ? If there had
been five hundred millions in inar^t, there probably would not haye
123 8PKKCHE8 OF HENRT CLAT.
been more, or much more sold. But I deny the correctness of the
conclusion that it is worthless because not sold. It is not sold be-
cause there were not people to buy it. You must have gone to other
countries, to other worlds, to the moon, and drawn from thence peo-
ple to buy the prodigious quantity which you ofiered to sell.
Refuse land ! A purchaser goes to a district of country and baye
oat of a township a section which strikes his fancy. He exhanitt
his money. Others might have preferred other sections. Other sec-
tions may even be better than his. He can with no more propriety
be said to have " refused" or rejected all the other sections, than a
man who, attracted by the beauty, charms and accomplishments of
a particular lady, marries her, can be said to have rejected or refus^
all the rest of the sex.
Is it credible that out of one hundred and fiHy or one hundred and six-
ty millions of acres of land in a valley celebrated for its fertility, there
are only about twenty-five millions of acres of good land, and that all
the rest is refuse ? Take the State of Illinois as an example. Of all
the States in the Union, that State probably contains the greatest
proportion of rich, fertile lands ; more than Ohio, more than Indiana,
abounding as they both do in fine lands. Of the thirty-three mil-
lions and a half of pnblic lands in Illinois, a little more only than two
millions have been sold. Is the residue of thirty-one millions all re-
fuse land } Who that is>acquainted in the west can assert or believe
it ? No, sir ; there is no such thing. The unsold lands are unsold
because of the reasons already assigned. Doubtless there is much
inferior land remaining, but a vast quantity of the best of lands also.
For its timber, soil water power, grazing, minerals, almost all land
possesses a certain value. If the lands unsold are refuse and worth-
less in the hands of the general government, why are they sought
after with so much avidity ? If in our bands they are good for noth-
ing, what more would they be worth in the hands of the new States ?
" Only fit to be given to settlers !" What settlers would thank you ?
what settlers would not scorn a gift of refuse^ worthless land ? If you
mean to be generous, give them what is valuable ; be manly in yoor
generosity.
But let us examine a little closer this idea of refuse land. If there
be any State in which it is to be found in large quantities, that State
OH THB FUBUC LAVDt. 128
would be Ohio. It is the oldest of the new Slates. There the pub-
lic lands have remained longer exposed in the market. But thm
we find only five millions and a half to be sold. And I hold in my
hand an account of sales in the Zanesville district, one of the oldest
in that State made during the present year. It is in a paper, entitled
the «^Ohio Republican," published at Zanesville the 2()th May, 1833.
The article is headed ^^ refuse land," and it states : ^' It has suited
the interest of some to represent the lands of the United States which
have remained in market for many years, as mere ' refuse' which
cannot be sold ; and to urge a rapid reduction of price, and the ces*
sion of the residue in a short period, to the States in which they are
situated. It is strongly urged against this plan that it is a specula-
ting project, which, by alienating a large quantity of land from the
United States, will cause a great increase of price to actual settlers,
in a few years — instead of their being able forever, as it may be said
is the case under the present system of land sales, to obtain a farm
at a reasonable price. To show how far the lands unsold are from
being worthless, we copy from the Gazette the following statement
of recent sales in the Zanesville district, one of the oldest districts in
the west. The sales at the Zanesville land office since the com*
mencement of the present year have been as follows: January^
$7,120 80, February $8,542 67, March $11,744 75, April $9,209
19y and since the first of the present month about $9,000 worth
have been sold, more than half of which was in 40 acre lots" And
there cannot be a doubt that the act, passed at this season, authr riz-
iBg sales of forty acres, will firom the desire to make additions to
frnns, snd to settle young members of fionilies, increase the sales very
much, at leyt during this year.
A friend of mine in this city bought in Illinois last fall about two
thousand acres of this refuse land, at the minimum price, for which
he has lately refused $6 per acre. An officer of this body, now in
my eye, purchased a small tract of this same refuse land of one bun-
dled and sixty acres, at second or third hand, entered a few years
ago, and which is now es^mated at $1,900. It is a business, a very
profitable business, at which fortunes are made in the new States, to
purchase these refuse lands, and, without improving them, to sell
them at large advances.
Far from being discouraged by the fact of so much surveyed public
IM tPKBCUSS OF HEITRT OLAT.
land remaining unsold, we should rejoice that this bountiftd resoiuws,
possessed by our country, remains in almost undiminished quantitj^
notwithstanding so many new and flourishing States have sprung up
in the wilderness, and so many thousands of families have been m^>
commodated. It might be otherwise, if the public land was dealt out
by government with a sparing, grudging, griping hand. But thej
are liberally offered, in exhaustless quantities, and at moderate price0|
enriching individuals, and tending to the rapid improvement of the
country. The two important facts brought forward and emphatical-
ly dwelt on by the committee of manufactures, stand in their foil
force, unaffected by anything stated in the report of the land commit-
tee. These facts must carry conviction to every unbiassed mind that
will deliberately consider them. The first is, the rapid increase of the
new States, far outstripping the old, averaging annually an increase
of eight and a half per cent., and doubling of course in twelve yean.
One of these States, Illinois, full of refuse land, increasing at the rate
of eighteen and a half per cent. ! Would this astonishing growth
take place if the lands were too high or all the good land sold ? The
other fact is, the vast increase in the annual sales : in 1830, rising of
three millions. Since the report of the committee of manufactures,
the returns have come in of the sales of last year, which had been
estimated at three millions. They were in fact $3,566,127 94!
Their progressive increase baffles all calculation. Would this hap-
pen, if the price were too high ?
It is argued that the value of different townships and sections is
various ; and that it is, therefore, wrong to fix the same price for all.
The variety in the quality, situation, and advantages of difi^rent tracts,
is no doubt great. After the adoption of any system of classification,
there would still remain very great diversity in the tracts belonging
to the same class. This is the law of nature. The presumption ct
inferiority, and of refuse land, founded upon the length of time that
the land has been in market, is denied, for reasons already stated.
The ofier, at public auction, of all lands to the highest bidder, previ*
ons to their being sold at private sale, provides in some degree for the
variety in the value, since each purchaser pushes the land up to the
price whi(;h, according to his opinion, it ought to command. But if
the price demanded by government is not too high for the good land,
(and no one can believe if,) why not wait until that is sold before any
i^uction in the price of the bad ? AimI that will not be sold fiot
ON TB£ PVBUC LAVM. 106
maoy yean to cone. It would be quite as wrong to bring the price
of good land down to the standard of the bad^ as it is aliedged to be
to carry the latter up to that of the former. Until the good land ia
sold there will be no purchasers of the bad : for, as has been stated in
the report of the committee of manufactures, a discreet farmer would
rather give a dollar and a quarter per acre for first rate land, than
accept refuse and worthless land as a presept. i
" 4. Because the speedy extinction of the federal title within their limits is ntee^
smy to the independej%ce of the new States, to their ejwdity with the eider States ; lo
the development of their resources; to the mtkjettvm of their soil to taxation, eidtir
vation and tettUmtntf and to the proper eqjoyment of their joriadiotion and soTei*
eignty."
All this is mere assertion and declamation. The general govern-
^ment at a moderate price, is selling the public land as fast as it can find
purchasers. The new States are populating with unexampled ra^
pidity ; their condition is now much more eligible than that of some
of the old States. Ohio, I am sorry to be obliged to confess, is, in
internal improvement and some other respects, fifty years in advance
of her elder sister and neighbor, Kentucky. How have her growth
and prosperity, her independence, her equality with the elder States,
the development of her resources, the taxation, cultivation, and set-
tlement of her soil, or the proper enjoyment of her jurisdiction and
sovereignty, been affected or impaired by the federal title within her
limits ? The federal title ! It has been a source of blessings and of
bounties, but not one of red grievance. As to the exemption from
taxation of the public lands, and the exemption for.five years of those
sold to individuals, if the public land belonged to the new% States,
would they tax it ? And as to the latter exemption, it is paid for by
the general government, as may be seen by reference to the compacts ;
and it is moreover, beneficial to the new States themselves, by hold-
ing out a motive to emigrants to purchase and settle within their
limits.
**& Because the ramified machinery of the land oAoe depamnent, and the own-
enhip of so much soil, extends the patronage and authority of the general govern-
meat into the heart and comert of the new States, and soSjects their pdic§ to ths
danger of a foreign %mipaumfnl infloenee.'^
A foreign and powerful influence ! The federal government a for-
eign government ! And the exercise of a legitimate control over the
national property, for the benefit of the whole people of the United
States, a deprecated penetratkm into the heart and comers of thei^w
126 IPUECHKB OF HUIBT CLAT*
States ! As to the calamity of the land offices, which are held witb-
in them, I believe that is not regarded by the people of those Statm
with quite as much horror as it is by the land committee. They
justly consider that they ought to hold those offices themselves, and
that no persons ought to be sent from the other foreign States of thia
Union to fill them. And, if the number of the offices were increased,
it would not be looked upon by them as a grievous addition to the
calamity.
But what do the land committee mean by the authority of
foreign, federal government ? Surely they do not desire to get rid of
the federal government. And yet the final settlement of the land
question will have effected but little in expelling its authority from
the bosoms of the new States. Its action will still remain in a thou-
sand forms, and the heart and comers of the new States will still be
invaded by post-offices and post-masters, and post-roads, and the Cum-
berland road, and various other modifications of its power.
** Because the sum of $425,000,000 proposed to be drawn from the new States and
Territories, by the sale of their soil, at $\ 25 per acre, is unconscionable and on-
praclicable — such as never can be paid— and the bare attempt to rai&e which. maK
dnin, exhaust and impoverihh these Statep, and give birth to the fcelingt?, wnicb a
f«D8e of injustice and oppreraion never fail to excite, and the excitement of whid^
Mould be so carefully avoided in a confederacy of free Stales.**
In another part of their report the committee say, speaking of the
immense revenue alledged to be derivable from the public lands,
^' this ideal revenue is estimated at $425,000,000, for the lands now
within the limits of the States and Territories, and at $1,363,589,-
691 for the M'hole federal domain. Such cA/inmca/ calculations pre*
dude the propriety of argumentative answers." Well, if these cal-
culations are all chimerical, there is no danger from the preservation
of the existing land system of draining, exhausting and impoverish-
ing the new States, and of exciting them to rebellion.
The manufacturing committee did not state what the public landt
would, in fact, produce. They could not state it. It is hardly a
subject of approximate estimate. The committee stated what would
be the proceeds, estimated by the minimum price of the public lands ;
what, at one-half of that price ; and added that, although there might
be much land that would never sell at one dollar and a quarter per
acre, ^' as fresh lands are brought into market and exposed to sale at
auction, many of them sell at prices exceeding one doUarand a quar-
OK THE PUBLIC LANDS. 127
fer per acre.'' Tbey concluded by remarking that the least fiivora-
ble view of regarding them was to consider them a capital yielding
ao annuity of three millions of dollars at this time ; that, in a few
years, that annuity would probably be doubled, and that the capital
might then be assumed as equal to one hundred millions of dollars.
Whatever may be the sum drawn from the sales of the public lands,
it will be contributed, not by citizens of the States alone in which
they are situated, but by emigrants from all the States. And it will
be raised, not in a single year, but in a long series of years. It would
have been impossible for the State of Ohio to have paid, in one year,
the millions that have been raised in that State by the sale of public
lands ; but in a period of upwards of thirty years the payment has
been made, not only without impoverishing, but with the constantly
increasing prosperity of the State.
Such, Mr. President, are the reasons of the land committee for the
reduction of the price of the public lands. Some of them had been
anticipated and refuted in the report of the manufacturing committee i
and I hope that I have now shown the insolidity of the residue.
I will not dwell upon the consideration urged in that report against
any large reduction, founded upon its inevitable tendency to lessen
the value of the landed property throughout the Union, and that in
the western States especially. That such would be the necessary
consequence, no man can doubt who will seriously reflect upon such
a measure as that of throwing into market, immediately, upwards of
one hundred and thirty millions of acres, and at no distant period up-
wards of two hundred millions more, at greatly reduced rates.
If the honorable chairman of the land committee (Mr. King,) had
relied upon his own sound practical sense, he would have presented
a report far less objectionable than that which he has made. He has
availed himself of another's aid, and the hand of the Senator from
Missouri (Mr. Benton,) is as visible in the composition as if his name
had been subscribed to the instrument. We hear again, in this pa-
per, of that which we have so often heard repeated before in debate, by
the Senator from Missouri — the sentiments of Edmund Burke. And
what was the state of things in England, to which those sentiments
were applied.
\
198 tPKlCHBS OF HBNRT CLAT.
England has too little land, and too many people. America has too
much land, for the present population of the country, and wants peo-
ple. The British crown had owned, for many generations, large
bodies of land, preserred for game and forest from which but snudl
revenues were derived. It was proposed to sell out the crown lands,
that they might be peopled and cultivated, and that the royal family
should be placed on the civil list. Mr. Burke supported the propo-
sition by convincing arguments. But what analogy is there between
the crown lands of the British sovereign, and the public lands of the
United States ? Are they here locked up from the people, and, for
the sake of their game or timber, excluded from sale ? Are not they
freely exposed in market, to all who want them, at moderate prices ?
The complaint is, that they are not sold fast enough, in other words,
that people are not multiplied rapidly enough to buy them. Pa-
tience, gentlemen of the land committee^ patience ! The new States
are daily rising in power and importance. Some of them are already
great and flourishing members of the confederacy. And, if you will
only acquiesce in the certain and quiet operation of the laws of
God and man, the wilderness will quickly teem with people, and be
filled with the monuments of civilization.
The report of the land committee proceeds to notice and to animad-
vert upon certain opinions of a late Secretary of the Treasury, con-
tained in h^s annual report, and endeavors to connect them with some
sentiments expressed in the report of the committee of manufactures.
That report has before been the subject of repeated commentary in
the Senate, by the Senator from Missouri, and of much misrepresen-
tation and vituperation in the public press. Mr. Rush showed me
the rough draft of that report, and I advised him to expunge the
paragraphs in question, because I foresaw that they would be mis-
represented, and that he would be exposed to unjust accusation. But
knowing the purity of his intentions, believing in the soundness of the
views which he presented, and confiding in the candor of a just pub-
lic, he resolved to retain the paragraphs. I cannot suppose the Sen-
ator from Missouri ignorant of what passed between Mr. Rush and
me, and of his having, against my* suggestions, retained the para-
graphs in question, because these facts were all stated by Mr. Rush
himself, in a letter addressed to a late member of the House of Rep-
resentatives, representing the district in which I reside, which letter^
more than a year ago, was published in the western papers.
Olf THE PUBLIC LANDS. 129
I shall say nothing in defence of myself — nothing to disprove the
charge of my cherishing unfriendly feelings and sentiments towards
any part of the west. If the public acts in which I have participa-
ted ; if the uniform tenor of my whole life will not refute such an
imputation, nothing that I could here say would refute jt.
But I trz// say something in defence of the opinions of my late pa-
triotic and enlightened colleague, not here to speak for himself; and
I will vindicate his official opinions from the erroneous glosses and
interpretations which have been put upon them.
Mr. Rush, in an official report which will long remain a monument
of his ability, was surveying with a statesman's eye the condition of
America. He was arguing in favor of the Protective Policy — the
American system. He spoke of the limited vocations of our society,
and the expediency of multiplying the means of increasing subsis-
tence, comfort and wealth. He noticed the great and the constant
tendency of our fellow-citizens to the cultivation of the soil, the want
of a market for their surplus produce, the inexpediency of all blindly
rushing to the same universal employment, and the policy of dividing
ourselves into various pursuits. He says :
" The manner in which the Tfinote lands of the United States are aellinf and m'U
tlumr, whilst it poasibly may tend to increase more quickly the as^greg ate poinilation
.of the country, and the mere means of subsistence, does not increase capital in the
tame proportion. * • * Anything that may serve to hold back this tendency
to diffusion from running too far and too long into an extreme^ can scarcely prove
otherwise than salutary. ♦ * ♦ • If the population of th*»9e, (a ma-
jority of the States, including some western States,) not yet redundant in fact,
though appearing to be so, under this legislative incitement to emigrate, remain
fixed m more instances, as it probably would be by extending the moiivei to manu*
facturingjabor, it is believed that the nation would gain in two ways : first, by the
more rapid accumulation of capital ; and next by the gradual reduction of the ex-
tern of its agricultural population over that engaged in other vocations. It is not
imagined that it ever would be practieable, even if it were desirable, to turn this
ttream of emigration aside; but resonrces. opened through the influence of the
]mw?. in new fields of industryi^ to the inhabitants of the States already siifnciently
E opted to enter upon them, migtat operate to lessen, in some degree, and usefully
Hen, its absorbing force.**
Now, Mr. President, what is there in this view adverse^ to the
west, or unfavorable to its interests ? Mr. Rush is arguing on the
tendency of the people to engage in agriculture, and the incitement to
emigration produced by our laws. Does, he propose to change those
laws in that particular ? Does he propose any new measure ? So far
from suggesting any alteration of the conditions on which the public
lands are sold, he expressly says that it is not desirable, if it were
t
«>
130 SPEECHES OF HENRY CLAT.
practicable, to tarn this stream of emigration aside. Leaving all the
laws in full force, and all the motives to emigration, arising from fer-
tile and cheap lands, untouched, he recommends the encouragement
of a new branch of business, in which all the Union, the west as well
as the rest, is interested ; thus presenting an option to population to en*'
gage in manufactures or in agriculture, at its own discretion. And does
liuch an option afford just ground of complaint to any one ? Is it not
an advantage to all ? Do the land committee desire (I am sure they do
Dot) to create starvation in one part of the Union, that emigrants may
be forced into another ? If they do not, they ought not to condemn a
multiplication of human employments, by which, as its certain conse*
quence, there will be an increase i^n the means of subsistence and com-
fort. The objection to Mr. Rush, then, is, that he looked at his whole
country, and at all parts of it ; and that, whilst he desired the prosperity
and growth cf the west to advance undisturbed, he wished to buildup,
on deep foundations, the welfare of all the people.
Mr. Rush knew that there were thousands of the poorer classes
who never would emigrate ; and that emigration, under the best aus-
pices, was far from being unattended with evil. There are moral,
physical, pecuniary obstacles to all emigration ; and these will increase
as the good vacant lands of the west are removed, by intervening set-
tlements further and further from society, as it is now located. It is,
I believe. Dr. Johnson, who pronounces that of all vegetable and ani-
mal creation, man is the most difficult to be uprooted and transferredl
to a distant country ; and he was right. Space itself — mountains, and
seas, and rivers, are impediments. The want of pecuniary means —
the expenses of the outfit, subsistence and transportation of a family,
is no slight circumstance. When all these difficulties are overcome,
(and how few, comparatively, can surmount them,) the greatest of
all remains — that of being torn from one^s natal spot — separated for-
ever from the roof under which the companions of his childhood were
sheltered, from the trees which have shaded him from summer's heats,
the spring from whose gushing fountain he has drunk in his youth,
the tombs that hold the precious relic of his venerated ancestors !
But I have said that the land committee had attempted to con-
CMind the sentiments of Mr. Rush with some of the reasoning em-
ployed by the committee of manufactures against the proposed reduc-
tioii of the price of the public lands. What is that reasoning ? Hers
S
on THX PUBLIC LAHH. 131
it it ; it vill apeak for itself; uti without a tingle commcDt will de-
nwsslrate bow difierenl it is from that of the late Secretary of thft
Treasiirj, uuexceptionattle u that haa been showa to be.
"The m«t*«t ewigiBtinn {«« the mBDnfaciuring TOmmiUfc) ihal m btlit^ni
now to talif p!»ce from Bny of rlie Sioim, is from f'liio. Ki-iiiuiliv, »w\ Tennfawe.
The eUcels of * maicrid rnluclioa in the price t-t <\h- fiuUc lii[iil>- -ximUl be — lR.,tO
leseen liie vslueorreal esiale in thoM ihree Slai ■<. - il , tml r.i i, ili. "j inlerenl ia
ihe pnblic domain, u a common fnod for the ij'niiii nf uM i\,-- ^i..r< - ; and Sd.,ta
otfer whet wonid operate aa a boUDly to further cnu^'i.iiKiLi iTum iii<<-'i' i^lalpp. oca*
lioning more and more lands, ail uated within tlii-iri, in In- Uimtvn \uu. the market,
thrriby not only leaarning the (alue of ibcu lands, but iJtiiitnii^ iliini bolb of theii
po^talion and labor."
There are good men in di&rent parts, but especially in the Atlantio
portion of the Udiod, who have been induced to re)i;ard lightly this
fast national property ; who have been persuaded that the people of
the west are dissatisfied with the ad ministration of it ; and who be-
lieve that it will, in the end, be lost to the nation, and that it is not
worth present care and preservation. But these are radical mistakes.
The great body of the west are satisfied — perfectly salisfled with the
general administration of the public lands. They would indeed like,
and are entitled to, a mora liberal expenditure among them of the
proceeds of thtf sates. For this provision is made by the bill to which
I will hereafter call the attention of the Senate. But the great body
<rf the west have not called for, and understand too well their real
interest to desire any essential change in the system of survey, sale,
or price of the lands. There may be a few, stimulated by dem^
gogues, who desire chai^ ; and what sjrstem is there, what govera-
ment, what order of human society, that a few do not desire change I
It is one of the admirable properties of the existing system, that It
contains within itself and carries along principles of conservation and
■alety. In the progress of its operation, new States become identified
with the old, in feeling, in thinking, and in interest. Now, Ohio is
■ as sound as any old State in the Union, in all her views relating to
Ihe public lands. She feels (hat her share in the exterior domain is
much more important than would be an exclusive right to the few
millions of acres left unsold, within her limits, accompanied by a vir-
tual stirrender of her interest )D all the other public lands of the (Jol-
ted States. And I have no doubt that now, the people of the other
new States, left to their otm unbiassed sense of equity and justicSi
would form the same judgment. They cannot believe that what the/
have not bought, what lemaina the property of themselves and aD
183 8PKBCHM OF HUTRT CLAT.
their brethren of the United Stages, in common, belong^ to them ex-
clusively. But if I am mistaken — if they have been deceived bj
erroneous impressions on their mind, made by artful men, as the sales
proceed, and the land is exhausted, and their population increased,
like the State of Ohio, they will feel that their true interest points to
their remaining copartners in ih% whole national domain, instead of
bringing forward an unfounded pretension to the inconsiderable lem-
nant which will be then left in their own limits.
And now, Mr. President, I have to say something, in respect to
the particular plan brought forward by the committee of munofac-
tures for a temporary appropriation of the proceeds of the sales of the
public lands. «
The committee say that this fund is not wanted by the general go-
vernment ; that the peace of the country is not likely, from praaeiit
'appearances, to be speedily disturbed ; and that the general goveiti-
men? is absolutely embarrassed in providing against an enormous
surplus in the treasury. While this is the condition of the Fedenl
■government, the States are in want of, and can most beneficially use,
that very surplus with which we do not know what to do. The pow-
ers of the general government are limited ; those of the States ue
Ample. If those limited powers authorised an application of the fond
to some objects, perhaps there are some others, of more importanot,
to which the powers of the States would be more competent, or to
which they may'apply a more provident care.
But the government of the whole and of the parts, at last is but one
'government of the same people. In form they are two, in substance
one. They both stand under the same solemn obligation to promola
by all the powers with which they are respectively entrusted, tii^
happiness of the people ; and the people in their turn, owe respeet
and allegiance to both. Maintaining these relations, there should be
mutual assistance to each other affi>rded by these two systems. When
the States are full-handed, and the cofiers of the general government
are empty, the States should come to the relief of the general govem-
-ment, as many of them did, most promptly and patriotically, during
the late war. When the conditions of the parties are reversed, as is
BOW the case, the States wanting what is almost a burthen to die
OV THE PUBUC LAUDS. 138
general government, the duty of this government is to go to the relief
qg the States.
They were views like these which induced a majority of the com-
mittee to propose the plan of distribution contained in the bill now
under consideration, For one, hofWever, I will again repeat the de-
daration, which I made early in the session, that I unite cordially
with those who condemn the application of any principle of distribu-
tion among the several States, to surplus revenue derived from taxa-
tion. I think income derived from taxation stands upon ground totally
distinct from that which is received from the public lands. Congress
can prevent the accumulation, at least for any considerable time, of
revenue from duties, by suitable legislation, lowering or augmenting
the imposts ; but it cannot stop the sales of the public lands, without
the exercise of arbitrary and intolerable power. The powers of Con-
gress over the public lands are broader and more comprehensive than
those which they possess over taxation and the money produced by it.
This brings me to consider Ist —the power of Congress to make
the distribution. By the second part of the third section of the fourth
article of the constitution. Congress ^* have power to dispose af^ and
make all needfril rules and regulations respecting the territory or
other property of the United States." The power of disposition is
plenary, unrestrain(3d, unqualified. It is not limited to a specified
object or to a defined purpose, but left applicable to any object or
purpose which the wisdom of Congress shall deem fit, acting under
its high responsibility.
• The government purchased Louisiana and Florida. May it not
i^pl^y the proceeds of lands within those countries to any object which
the good of the Union may seem to indicate ? If there be a restraint
in the constitution, where is it — ^what is it ? .
The uniform practice of the government has conformed to the idea
of its possessing full powers over the public lands. They have been
freely granted, from time to time, to communities and individuals, for
a great variety of purposes. To States for education, internal im-
pfovements, public buildings ; to corporations for education ; to the
deaf and dumb ; to the cultivators of the olive and the vine ; to pr»-
•mptionen ; to Gieneral La&yette, Itc.
•I
IM 8PIXCHE8 OF HENBT CLAT.
The deeds from the ceding States, far from opposing, fully
(he distribution. That of Virginia ceded the land as^acommOft
fund fo.' the use and benefit of such of the United Slates as have be-
come, or shall become members of the confederation or federal alli-
ance of the said States, Virginia inclusive." The cession was for the
benefit of all the States. It may be argued that the fund must faa
retained in the common treasury, and thence paid out. But by the bill
reported, it will come into the common treasury, and then the ques-
tion how it shall be subsequently applied for the use and benefit of
tuck of the United States as compose the confederacy, is one of
modus only. Whether the money is disbursed by the general govern*
ment directly, or is paid out upon some equal and just priuciple to Um
States, to be disbursed by them, cannot affect the right of distributiiMi.
If the general government retained the power of ultimate disburse-
ment, it could execute it only by suitable agents ; and what agency is
more suitable than that of the States themselves ? If the States ez«
pend the nrtoney, as the bill contemplates, the expenditure will, ia
effect, be a disbursement for the benefit of the whole, although the
several States are organs of the expenditure ; for the whole and all
the parts are identical. And whatever redounds to the benefit of all
the parts necessarily contributes in the same measure to the benefit of
the whole. The great question should be, Is the distribution upoa
equal and just principles ^ And this brings me to consider.
2d. The terms of the distribution proposed by the bill of the
mittee of manufactures. The bill proposes a division of the nett pro-
ceeds of the sales of the public lands among the sveral States compcK
sing the Union, according to their federal representative population,
as ascertained by the last census ; and it provides for new States that
may hereafter be admitted into the Union. The basis of the distribi^
tion, therefore^ is derived from the constitution itself^ which has
adopted the same rule in respect to representation and direct taxes.
None could be more just and equitable.
But it has been contended in the land report, that the revolutionary
States which did not cede their public lands, ought not to be allowel
locome into the d'istribution. This objection does not apply to tha
purchases of Louisiana and Florida, because the consideration hi
them was paid out of the common treasury, and was consequentlf
contributed by all the Slates. Nor has the objection any just found*-
ON THB rUBLIC LANDB. 18i
lion when applied to the public lands deriv^ from Virginia and the
Other ceding States ; because by the terms of the deeds the cessions
were made for the use and benefit of all the States. The ceding
States having made no exception of any State, what right has the
general government to interpolate in the deeds, and now create an
Exception ? The general government is a mere trustee, holding the
domain in virtue of those deeds, accordmg to the terms and conditions
which they expressly describe ; and it is bound to execute the trust
' accordingly. But how is the fund produced by the public lands now
'expended ^ It comes into the common treasury, and is disbursed for
the common benefit, without exception of any State. The bill only
proposes to substitute to that object, now no longer necessary, another
and more useful common object. The general application of the fand
will continue, under the operation of the bill, although the particnltf
purposes may be varied.
The equity of the proposed distribution, as it respects the two class-
es of States, (he old and the new, must be manifest to the Senate;
It proposes to assign to the new States, besides the five per cenl
stipulated for in their several compacts with the general government,
the further sum of ten per cent, upon the nett proceeds. Assuming
the proceeds of the last year, amounting to $3,566,127 94, as the
btsis of the calculation, I hold in my hand a paper which shows the
sum that each of the seven new States would receiye. They hare
oomplained of the exemption from taxation of the public lands sold
bj the general government for five years after the sale. If that ex-
emption did not exist, and tliey were to exercise the power of taxing
(hose lands, as the average increase of their population is only eight
«iid a half per cent, per annum, the additional revenue which thej
would raise would only be eight and a half per cent, per annum ;
(hat is to say, a State now collecting a revenue of $100,000 per an*
num, would collect only $108,500, if it were to tax the lands recent-
ly sold. But by the bill under consideration, each of (he seven new
States will annually receive, as its distribvtive share, more than the
whole amount of its annual revenue.
It may be thought that to set apart ten per cent to the new States,
in the first instance, is too great a proportion, and is unjust toward
(be old States. But it will be recollected that, as they populate much
Cuter than the old States, and as the last eensus is to govern in Ike
136 BPEECHKS or HENRY CLAT.
apportionment, they ought to receive more than the old States. If
they receive too much at the commencement of the term, it may be
neutralized by the end of it.
After the deduction shall have been made of the fifteen per cent
allotted to the new States, the residue is to be divided among the
twenty-four States, old and new, composing the Union. What each
of the States would receive, is shown by a table annexed to the re-
port. Taking the proceeds of the last year as the standard, there
must be added one-sixth to what is set down in that table &i the pro*
portion of the several States.
'If the power and the principle of the proposed distribution be satis-
&ctory to the Senate, I think the objects cannot fail to be equally so.
They are education, internal improvements, and colonization — all
great and beneficent objects — all national in their nature. No mind
can be cultivated and improved ; no work of internal improvement
can be executed in any part of the Union, nor any person of color
transported from any of its ports, in which the whole Union is not
interested. The piosperity of the whole is an aggregate of the pros-
perity of the parts.
. The States, each judging for itself, will select among the objects
enumerated in the bill, that which comports best with its own policy
There is no compulsion in the choice. Some will prefer, perhaps, to
apply the fund to the extinction of debt, now burdensome, created for
internal improvement ; some to new objects of internal improvement ;
others to education; and others again to colonization. It may be
supposed possible that the States will divert the fund from the speci-
fied purposes : but against such a misapplication we have, in the first
place, the security which arises out of their presumed good faith;
and, in the second, the power to withhold subsequent, if there has
been any abuse in previous appropriations.
It has been argued that the general government has no power in
respect to colonization. Waiving that, as not being a question at this
time, the real inquiry is, have the States themselves any such power ?
For it is to the States that the subject is referred. The evil of a free
black population is not restricted to particular States, but extends to
and is felt by all. It is not, therefore, the slave question, but totally
OK TBS PUBLIC LABTDt. 137
.distinct from and unconnected with it. I have heretofore often ex-
pressed my perfect conviction that the general government has no
constitutional power which it can exercise in regard to African sla-
very. That conviction remains unchanged. The States in which
■layery is tolerated, have exclusively in their own hands the entire
regulation of the subject. But the slave States differ in opinion as to
the expediency of African colonization. Several of them have sig-
nified their approbation of it. The legislature of Kentucky, I believe
unanimously, recommended the encouragement of colonization to
Congress.
Should a war break out during the term of five years, that the
operation of the bill is limited to, the fund is to be withdrawn and
applied to the vigorous prosecution of the war. If there be no war.
Congress, at the end of the term, will be able to asceitain whether
the money has been beneficially expended, and to judge of the pro-
priety of continuing the distribution.
Three reports have been made, on this great subject of the public
lands, during the present session of Congress, besides that of the Seo-
letary of the Treasury at its commencement — two in the Senate and
one in the House. All three of them agree, 1st, In the preservation
of the control of the general government over the public lands ; and
2d, They concur in rejecting the plan of a cession of the public lands
to the States in which they are situated, recommended by the Secre-
tary. The land committee of the Senate propose an assignment of
fifteen per cent of the nett proceeds, besides the five per cent. stipiH
lated in the compacts, (making together twenty per cent.) to the new
States, and nothing to the old*
The committee of manufactures of the Senate, after an allotment
ef an additional sum of ten per cent, to the new States, propose an
equal distribution of the residue among all the States, old and new,
upon equitable principles.
The Senate's land committee, besides the proposal of a distribution|
restricted to the new States, recommends an immediate reduction of
the price of " fresh lands," to a minimutn of one dollar per acre, and
to fifty cents per acre for lands which have been five years or up-
wards in market.
138 SPEECHES or QEXST CLAT.
The land committee of the House is opposed to all distrihutioii)
general or partial, and recommends a reduction of the price to oos
dollar per acre.
And now, Mr. President, I have a few more words to say and shall
be done. We are admpnished by all our reflections, and by existing
signs, of the duty of communicating strength and energy to the glori^
ous Union which now encircles our favored country. Among the
ties which bind us together, the public domain merits high considers*
lion. And if we appropriate, for a limited time, the proceeds of that
great resource, among the several States, for the important objects
which have been enumerated, a new and powerful bond of afiection
and of interest will be added. The States will feel and recognize the
operation of the general government, not merely in power and bur-
dens, but in benefactions and blessings. And the general govemraenl
in its tnm will feel, from the expenditure of the money which it duF
penses to the States, the benefits of moral and intellectnal improve-
ment of the people, of greater facility in social and commercial inters
course, and of the purification of the population of our country, them-
selves the best parental sources of national character, national Union,
and national greatness. Whatever may be the fate of the particular
proposition now under consideration, 1 sincerely hope that the attexK
tion of the nation may be attracted, to this most interesting subject;
that it may justly appreciate the value of this immense national prop-
erty ; and that, preserving the regulation of it by the will of the whole,
for the advantage of the whole, it may be transmitted, as a sacred
end inestimable succession, to posterity, for its benefit and blesainf
for ages to come
ON INTRODUCING THE COMPROMISE BILL.
In Tus Sknatk of the United States, Febbuart 12, 1833.
(The election of General Jacxion to the Freiiidency for a second term took phmi
i* the fall of 18S2, and immediately thereafter, the State of South Curolina assum-
ed hy the formal edict of a regular Convention of her people, to nullify and make
foid the Taritfiawaof the United States, on the ground that, being imposed for the
porpoee of protecting American Manufactureis, they were unconstitutional and in-
Tslid. General Jackson promptly issued a vigorous Proclanmlion, denouncing the
ftct as rebellious and treasonable, and declaring that h^ should use all the power
entnwted to him to vindicate the laws of the Union and cause them to be respected.
General Scott at the head of a considerable regular force, was posted at Charles*
ton, S. C. and every portent of a desperate and bloody ttruggle was visible. Gen.
Jackson's imperious puf-sioos were lathed to madness by ^e Carolina rosistance,
■Bd the whole physical power of the country but awaited bis nod. At this crisif
Congress assembled, and the eifortsof Mr. Clay were promptly directed to the de-
mising and maturing of some plan to prevent a collision between the Union and the
mnifying State, and spare the effusion of blood. Under these circumstances, he
yra^ected and presented the bill known as the CoitPRointc Act. On introducing this
hUl, he addiened the Senate as follows }
I TE6TEBDAT, slr, gave notice that I should ask leave to introduce
a bill to modify the various acts imposing duties on imports. 1 at
(be same time added, that I should, wilh the permission of the Sen-
ate^ ofier an explanation of the principle on vrhich that bill is founded.
I owe, sir, an apology to the Senate for this course of action, because,
although strictly parliamentary, it is, nevertheless, out of the usual
practice of this body ; but it is a course which I trust that the Senate
will deem to be justified by the interesting nature of the subject.
I rise, sir on this occasion, actuated by no motives of a private nature,
by no personal feelings, and for no personal objects ; but exclusively
in obedience to a sense of the duty which I owe to my country. I
trust, therefore, that no one will anticipate on my part any ambitious
display of suchliumble powers as 1 may possess. It is sincerely my
purpose to present a plain, unadorned, and naked statement of facts
connected with the measure which 1 shall have the honor to propose,
and with the condition of the country. When I survey, sir, the whola
140 tPEECHCS or HENRT CLAT.
hce of our conntry, I behold all around me evidences of the mofl
gratifying prosperity, a prospect which would seem to be without n
oloud upon it, were it not that through all parts of the country there
exist great dissensions and unhappy distinctions, which, if they .can
possibly be relieved and reconciled by any broad scheme of legisfa^
tion adapted to all interests, and regarding the feelings of all sections^
ought to be quieted ; and leading to which object any measure ought
to be well received.
In presenting the modification of the tariff laws, which I am now
about to submit, I have two great objects in view. My first objeet
looks to the tariff. I am compelled to express the opinion, formed
after the most deliberate reflection, and on full survey of the whole
country, that whether rightfully or wrongfully, the tariff stands in
imminent danger. If it should be preserved during this session, it
must &11 at the next session. By what circumstances, and through .
what causes, has arisen the necessity for this change in the policy of
our country, I will not pretend now to elucidate. Others there are
who may differ from the impressions which my mind has received,
upon this point. Owing, however, to a variety of concurrent causes,
the tariff, as it now exists, is in imminent danger, and if the sy^em
can be preserved beyond the next session, it must be by some means
not now within the reach of human sagacity. The fall of that policy,
sir., would be productive of consequences calamitous indeed. When
I look to the variety of interests which are involved, to the number
of individuals interested, the amount of capital invested, the value
of the buildings erected, and the whole arrangement of the business
for the prosecution of the various branches of the manufacturing art
which have sprung up under the fostering care of this government, I
cannot contemplate any evil equal to the sudden overthrow of all those
interests. History can produce no parallel to the extent of the mis-
chief which would be produced by such a disaster. The repeal of the
edict of Nantes itself was nothing in comparison with it. That con-
demned to exile and brought to ruin a great number of persons. The
most respectable portion of the population of France was condemned
to exile aud ruin by that measure. But in my opinion, sir, the sud-
den repeal of the tariff policy would bring ruin and destruction on
the whole people of this country. There is no evil, in my opinion,'
equal to the consequences which would result from such a cata»-
trophe.
ON INTKODUCIlfO THE COMPROMISE BILL. 141
What, sir, are the complaints which unhappily divide the people
of this great country ? On the one hand, it is said by those \i'ho are
<qpposed to the tariff, that it unjustly taxes a portion of the people,
and paralyzes their industry ; that it is to he a perpetual operation ;
that there is to b^ no end to the system ; which, right or wrong, is to
be urged to their inevitable ruin. And what is the just complaint,
on the other hand, of those who sgpport the tariff? It is, that the
policy of the government is vascillating and uncertain, and that there
is no stability in our legislation. Before one set of books are fairly
opened, it becomes necessary to close them, and to open a new set.
Before a law can be tested by experiment, another is passed. Be-
fore tbe present law has gone into operation — before it is yet nine
months old — passed, as it was, under circumstances of extraordinary
deliberation, the fruit of nine months labor — before we know anything
of its experimental effects, and even before it ommences its operas
tions, we are required to repeal it. On one side we are urged to re*
peal a system which is fraught with ruin ; on the other side, the
check now imposed on enterprise, and the state of alarm in which the
public mind has been thrown, renders all prudent men desirous, look-
ing ahead a little way, to adopt a state of things, on the stability of
which they may have reason to count. Such is the state of feeling
on the one side and on the other. I am anxious to find out some
principle of mutual accommodation, to satisfy, as far as practicable,
both parties-r-to increase the stability of our legislation ; and at some
distant day — but not too distant, when we take into view the magni-
tude of the interests which are involved — to bring down the rate of
duties to that revenue standard for which our opponents have so long
contended. The basis on which I wish to found this modification, is
one of time ; and the several parts of the bill to which I am about to
call the attention of the Senate, are founded on this basis. I propose
to give protection to our manufactured articles, adequate protection,
jEbr a length of time, which, compared with the length of human life,
IS very long, but which is short, in proportion to' the legitimate dis-
cretion of every wise and parental system of government — securing
the stability of legislation, and allowing time for a gradual reduction,
on one side ; and, on the other, proposing to reduce the duties to that
revenue standard for which the opponents of the system have so long
contended. I will now proceed to lay the provisions of the bill before
the Senate, with a view to draw their attention to the true charactet
of the bill.
I4d SPXECHBS OF BBNBT CLAT.
[Mr. CiaT then proceeded to read the fUstiectloD of the bill.]
According to this section, it nvill be perceived that it is proposed to
come down to the revenue standard at the end of little more than oii|(
years and a half, giving a protection to our own manufactures which
I hope will be adequate, during the intermediate time.
[Mr, Clav here recapitulated the provi.«;ions of the sections, and showed by vaii-
008 illustrations how they would oi)erate : and then proceeded to read and comment
ipon the second section of the bill.]
It will be recollected, that at the last session of Congress, with a
iriew to make a concession to the southern section of the country, low
priced woollens, those supposed to enter into the consumption o^
slaves and the poorer classes of persons, were taken out of the general
class of duties on woollens, and the duty on them reduced to five pet
cent. It will be also recollected that at that time the gentlemen from
the south said that this concession was of no consequence, and that they
did not care for it, and I believe that they do not now consider it of aoy
greater importance. As, therefore, it has failed of the purpose for whicl^
it was taken out of the common class, 1 think it ought to be brought buck
•gain, and placed hy the side of the other description of woollens, and
made subject to the same reduction of duty as proposed by this sectiott>
tHaving next read throngh'nhe third section of the bill, Mr. Clay said :J
After the expiration of a term of years, this section lays down a
rule by which the duties are to be reduced to the revenue standard}
which has been so long and so earnestly contended for. Until other-
wise directed, and in default of provision being made for the wants
of the government in 1842, a rule is thus provided for the rate of
duties thereafter. Congress being in the meantime authorized to adopt
any other rule which the exigencies of th^ country, or its financial
condition, may require. That is to say, if, instead of the duty of
twenty per cent, proposed, fifteen or seventeen per cent, of duty is
sufficient, or twenty-five per cent, should be found necessary, to pro-
duce a revenue to defray the expenses of an economical administra-
tion of the government, there is nothing to prevent either of those
rates, or any other, from being fixed upon : whilst the rate ( f twenty
per cent, is introduced to guard against any failure on the part of
Congress to make the requisite provision in due season.
ON INTROBOCUfO TBB COMPROaCISB BILL. 143
This leciioD of the bill contains also another clause, suggested bf
that spirit of harmony and conciliation which I pray may preside over
(he councils of the Union at this trying moment. It provider (what
those persons who are engaged in manufactures have so long aax*
iously required for their security) that duties shall be paid in ready
money — and we shall thus get rid of the whole of that credit system,
into which an inroad was made, in regard to woollens, by the
act of the last session. This section further contains a proviso that
nothing in any part of this act shall be construed to interfere with the
freest exercise of the power of Congress to lay any amount of duties,
in the event of war breaking out between this country and any foreign
power.
[Mr. Clay then read the fourth tectioD of the bill.]
One of the considerations strongly urging for a reduction of the
tariff at this time is, that the government is likely to be placed in a
dilt^mma by having an overflowing revenue ; and this apprehension if
the ground of an attempt totally to change the protective policy of
the country. The section which I have read is an eflbrt to guard
against this evil, by relieving altogether from duty a portion of the
, articles of import now subject to it. Some of these would, under
the present rate of duty upon them, produce a considerable revenue;
the article of silks alone would yield half a million of dollars per an*
num. If it were possible to pacify present dissensions, and let thingi
take their course, I believe that no difficulty need be apprehended.
If the bill which this b«dy passed at the last session of Congress, and
has again passed at this session, shall pass the other Ilouse, and be*
come a law, and the gradual reduction of duties should take place
which is contemplated by the first section of this bill, we shall have
settled two (if not three) of the great questions which have agitated
this country, that of the tariff, of the public lands, and, I will add, of
hiternal improvement also. For, if there should still be a surplus
revenue, thai surplus might be appli^, until the year 1S42, to the
completion of the works of internal improvement already commenced ;
and, after 1842, a reliance for all funds for purposes of internal im-
provement should be placed upon the operation of the land bill, to
which ] have already referred.
It is not my object in referring to thai measure in connexion witk
144 tPKECHCB OP HENRT CLAT.
•
that inrhich I am about to propose, to consider them as united in their
&te, being desirous, partial as I may be to both, that each shall stand
or fiill upon its own intrinsic merits. If this section of the bill, ad-
ding to the nunil)er of free articles, should become law, along ¥rith
the reduction of duties proposed by the first section of the bill, it is
by no means sure that we shall have any surplus revenue at all. I
have been astonished indeed at the process of reasoning by which the
Secretary of the Treasury has arrived at the conclusion, that we
diall have a surplus revenue at all, though I admit that such a con-
clusion can be arrived at in no other way. But what is this procesi?
Duties of a certain rate now exist. The amount which they produce
is known ; the Secretary, proposing a reduction of the rate of duty,
supposes that the duties will be reduced in proportion to the amount
of the reduction of duty. Now no calculation can be more uncertain
dian that. Though perhaps the best that the Secretary could have
made, it is still all uncertainty ; dependent upon the winds and waves,
on the mutations of trade, and on the course of commercial operiM-
tions. If there is any truth in political economy, it cannot be that
result will agree with the prediction ; for we are instructed by all ex-
perience that the consumption of any articlt is in proportion to the
reduction of its price, and that in general it may be taken as a rule,
that the duty upon an article forms a portion of its price. I do not
mean to impute any improper design to any one ; but, if it had been
80 intended, no scheme for getting rid of of the tariff could have been
more artfully devised to effect its purposes, than that which thus cal-
culated the revenue, and in addition, assumed that the expenditure
of the government every year would be so much, &c. Can any one
here say what the future expenditure of the government will be ? In
this young, great, and growing community, can we say what will be
the expenditure of the government even a year hence, much less
what it will be three, or four, or five years hence ? Yet it has been
estimated, on assumed amounts, founded on such uncertain data, both
of income and expenditure, that the revenue might be reduced so
many millions a year !
I ask pardon for this digression, and return to the examination of
articles in the fourth section, which are proposed to be lefl free of
duty. The duties on these articles now vary from five to ten per
cent, ad valorem ; but low as they are, the aggregate amount of
revenue which they produce is considerable. By the bill of the lail
ON INTRODUCING THE COMPROMISE BILL. 145
iession, the doiies on French silks was fixed at five per cent, and that.
on Chinese silks at ten per cent, ad valorem. By the bill now pro-
posed, the duty on French silks is proposed to be repealed, leaving
the other unlouched. I will frankly state why I made this distinc*
lion. It has been a subject of anxious desire with me to s<^e our com-
merce with France increased. France, though not so large a cus-
tomer in the great staples of our country as Great Britain, is a great
growing customer. 1 have been much struck with a fact going to
prove this, which accidentally came to my knowledge the other day ^
which is, that within the short period of fourteen years, the amount
<^ consumption in France of the great southern staple of cotton has
been iriplnd. Again, it is understood that the French silks of the
lower grddes of quality cannot sustain a competition with the Chinese
without some discrimination of this sort. I have understood, also,
that the duty imposed upon this article at the last session has been
very much complained of on the part of France ; and, considering all
the circumstances connected with the relations between the two gov-
ernments, it appears to me to be desirable to make this discriminv
tion in favor of the French product. If the Senate should think
differently, I shall be content. If, indeed, they should tliink proper
to strike out this section altogether, I shall cheerfiUly submit to their
decision.
[After reading the fifth and lixth sections, Mr. Clat said :]
I will now take a few of some of the objections which will be made
to the bill. It may be said that the act is prospective, that it binds
oar successors, and that we have no power thus to bind them. It
IB true that the act is prospective, and so is almost every act which
we ever passed, but we can ref)eal it the next day. It is the estab-
lished usage to give all acts a prospective operation. In every tariff
diere are some provisions which go into operation immediately, and
others at a future time. Each Congress legislate according to their
own views*of propriety ; their act does not bind their successors, but
creates a species of public faith, which will not rashly be broken.
But if this bill shall go into operation, as I hope even against hope,
that it may, I doubt not that it will be adhered to by all parties.
There is but one contingency which will render a change necessary,
and that is the intervention of a war, which is provided for in the
bill. The hands of Congress are left untied in this event, and they
will he at liberty to reiort to any mode of taxation which they may
H6 SPEECHES OP HENBT CLAT.
{>ropose. But if we suppose peace to continue, there will be no mo-
tive for disturbing the arrangement, but on the contrary, every motive
to carry it into effect. In the next place, it will be objected to the
bill, by the friends of the protective policy, of whom I hold myself to
be one, for my mind is immutably fixed in favor of that policy, that
it abandons the power of protection. But I contend, in the first placoi
that a suspt'nsion of the exercise of the power is not an abandonment
of it ; tor the power is in the constitution according to our theory—-
was put there by its framers, and can only be dislodged by the people.
^ After the year 1842, the bill provides that the power shall be exer-
cised in a certain mode. There are four modes by which the industry
of the country can be protected.
First, The absolute prohibition of rival foreign articles that are
totally untouched by the bill ; but it is competent to the wisdom of
the government to exert the power whenever they wish. Second ;
The imposition of duties in such a manner as to have no reference to
any object but revenue. When we had a large public debt in 1816,
the duties yielded thirty-seven millions, and paid so much more of
the debt, and subsequently they yielded but eight or ten millions, and
paid so much less of the debt. Sometimes we have to trench on the
sinking fund. Now we have no public debt to absorb the surplui
revenue, and no motive for continuing the duties. No man can look
at the condition of the country, and say that we can carry on this
aystem with accumulating revenue, and no practical way of expend-
ing it. The third mode was attempted last session, in a resoluttoo
which I had the honor to submit last year, and which in fact ulti-
mately formed the basis of the act which finally passed both Housea.
This was to raise as much revenue as was wanted for the use of the
government, and no more, but to raise it from the protected and not
from the unprotected articles. I will say, that 1 regret most deeply
that the greater part of the country will not suffer this principle to
pirevail. It ought to prevail — and the day, in my opinion, will comoi
when it will be adopted as the permanent policy of the country.
Shall we legislate for our own wants or that of a foreign country f
To protect our own interests in opposition to foreign legislation waa
the basis of. this system. The fourth mode in which protection can
be afforded to domestic industry, is to admit free of duty every arti-
cle which aided the operations of the manufacturers. These are the
tmr modes for protecting our bdustry ; and to those who aay thai
OV IllTltODUCIVO THE COMPROMISE BILL. 147
(be bill abandoiw the power of protection, I reply, that it does
not touch that power ; and that the fourth mode, so far from being
UMtndoned, is extended and upheld by the bill. The most that can
be objected to the bill by those with whom 1 co-operate to support
ihe protective system, is that, in consideration of nine and a half yean
of peace, certainty, and stability, the manufacturers relinquished some
advantages which they now enjoy. What is the principle which hai
always been contended for in this and in the other House ? Afier the
accumulation of capital and skill, the manufacturers will stand alone,
imaided by the government, in competition with the imported articlei
from any quarter. Now give us time ; cease all fluctuations and
agitations, for nine years, and the manufacturers in every branch will
•Qstain themselves against foreign competition. If we can see our
way clearly for nine years to come, we can safely leave to posterity
to, provide for the rest. If the tariff* be overthrown, as may be its &te
next session, the country will be plunged into extreme distress and
agitation. I want harmony. I wish to see the restoration of those
ties which have carried us triumphantly through two wars, i delight
tot in this perpetual turmoil. Let us have peace, and become once
more united as a band of brothers.
i
It may be said that the farming interest cannot subsist under a
tirenty per cent, ad valorem duty. My reply is, ^* sufficient for the
day is the evil thereof." 1 will leave it to the day when the reduction
takes effect, to settle the question. When the reduction takes place,
aad the farmer cannot live under it, what will he do .^ 1 will tell you
what he ought to do. He ought to try it — make a fair experiment of
it — ard if he cannot live under it, let him come here and say that he
is bankrupt and ruined. If then nothing can be done to relieve him|
sir, I will not pronounce the words, for I will believe that something
will be done, and that relief will be afforded, without hazarding the
peece and integrity of the Union. The confederacy is an excellent
eontrivance, but it must be managed with delicacy and skill. There
ere an infinite variety of prejudices and loeal interests to be regarded,
but they should all be made to yeild to the Union.
If the system proposed cannot be continued, let us try some inter
■lediate system, before we think of any other dreadful alternative.
Sir, it will be said, on the other hand — for the objections are made
Vj tiie friends of protection principally — ^that the time is too loeg;
148 IPBSCHM OP HUTRT CLAT.
thai the intermediate reductions are too inconsiderable, and that there
is no guarantee that, at the end of the time stipulated, the reduction
proposed would be allowed to take efiect. In the first place, should
be recollected, the diversified interests of the country — the measures
of the government which preceded the establishment of manufactures
— the public faith in some degree pledged foi their security ; and ibm
ruin in which rash and hasty legislation would involve them. I will
not dispute about terms. It would not, in a court of justice, be maiD-
tained that the public faith is pledged for the protection of manufac-
tures ; but there are other pledges which men of honor are bound by,
besides those of which the law can take cognizance.
If we excite, in our neighbor, a reasonable expectation which in-
duces him to take a particular course of business, we are in honor
bound to redeem the pledge thus tacitly given. Can any man doubt
that a large portion of our citizens believed that the system would ba
permanent ? The whole country expected it. The security agaimi
any change of the system proposed by the bill, is in the character of
the bill, as a compromise between two conflicting parties If the bill
should be taken by common consent, as we hope it will be — the his-
tory of the revenue will be a guarantee of its permanence. The cir-
cumstances under which it was passed will be known and recorded —
and no one will disturb a system which was adopted with a view to
give peace and tranquillity to the country.
The descending gradations by which I propose to arrive at the
minimum of duties, must be gradual. I never would consent to any
precipitate operation to bring distress and ruin on the community.
Now, viewing it in this light, it appears that there arc eight yean
and a half, and nine years and a half, taking the ultimate time, which
would be an efficient protection, the remaining duties will be with-
drawn by a biennial reduction. The protective principle must be said
to be, in some measure, relinquished at the end of eight years and a
half. This period cannot appear unreasonable, and I thijik that no
member of the Senate, or any portion of the country, ought to make
the slightest objection. It now remains for me to consider the otlier
objection — the want of guarantee to there being an ulterior continu-
ance of the duties imposed by the bill, on the expiration of the term
which it prescribes. The best guarantee will be found in the circum
OR inTRODUGlllG THE COMPROMISE BILL. 140
stances under which the measure would he passed. If it peaaea
by common consent ; if it is passed with the assent of a portion — a
considerable portion of those who have directly hitherto supported
this system, and by a considerable portion of those who opposed it —
if they declare their satisfaction with the measure, 1 have no doubt
the rate of duties guarantied, will be continued aflcr the expiration of
the term, if the country continues at peace. And, at the end of the
term, when the experiment will have been made of the eiBciency of
the mode of protection fixed by the bill, while the constitutional ques-
tion has been sufiered to lie dormant, if war should render it neces-
sary, protection might be carried up to prohibition ; while if the coun-
try should remain at peace, and this measure go into full operation,
the duties will be gradually lowered down to the revenue standard,
which has been so earnestly wished ff)r.
But suppose that I am wrong in all these views, for there are no
guarantees, in one sense of the term, of human infallibility. Suppose
a different state of things in the south — that this Senate, from causes
which I shall not dwell upon now, but which are obvious to every
reflectincr man in this country— causes which have operated for years
past, and which continue to operate — suppose, for a moment, that
there should be a majority in the Senate in favor of the southern
views, and that they should repeal the whole system at once,
what guarantee would we have that the repealing of the law would
not destroy those great interests which it is so important to preserve ?
What guarantee will you have that the thunders of those powerful
nmnufactures will not be directed against your capitol, because of this
abandonment of their interests, and because you have given them no
protection against foreign legislation. Sir, if you carry your measure
of repeal without the consent, at least, of a portion of those who are
interested in the preservation of manufactures, you h^ve no security,
00 guarantee, no certainty, that any protection will be continued.
But if the measure should be carried by the comnribii consent of both
parties, we shall have all security ; history will faithfully record the
transaction ; narrate under what circumstances the bill was passed ;
that it was a pacifying measure ; that it was as oil poured from the
vessel of the Union to restore peace and harmony to the country.
When all this was known, what Congress, what Legislature, would
mar the guarantee? What nuun who is entitled to deserve the char-
150 SPEBCHBS OF H£NRT CLAT.
•cierof an American statesman, would stand up in his place in either
House of Congress, and disturb this treaty of peace and amity ?
Sir, I will not say that it may not he disturbed. All that I say is,
that here is all the reasonable security that can be desired by those
on the one side of the question, and much more than those on the
other would have by any unfortunate concurrence of circumstances.
Such a repeal of the whole system should be brought about as would
he cheerfully acquiesced in by all parties in this country. All parties
may find in this measure some reasons for objection. And what
human measure is there which is free from objectionable qualities ?
It has been remarked, and justly remarked, by the great father of our
country himself, that if that great work which is the charter of our
liherties, and under which we have so long flourished, had been suh-
mitted, article by article, to all the different States composing this
Union, that the whole would have been rejected ; and yet when the
whole was presented tc^ther, it was accepted as a whole. I will
•dmit that my friends do not get all they could wish for ; and the
gentlemen on the other side do not obtain all they might desire ; hut
both will gain all that in my humble opinion is proper to be given in
the present condition of this country. It may be true that there will
be loss and gain in this measure. But how is this loss and gain dis-
tributed ? Among our countrymen. What we lose, no foreign hand
gains ; and what we gain, will be no loss to any foreign power. It
is among ourselves the distribution takes place. The distribution is
founded on that great principle of compromise and concession which
Ues at the bottom of our institutions, which gave birth to the consti-
fcation itself, and which has continued to regulate us in our onward
marchy and conducted the nation to glory and renown.
It remains for me now to touch atiother topic. Objections hate
been made to all legislation at this session of Congress, resulting from
the attitude of one of the States of this confederacy. I confess that
I felt a very strong repugnance to any legislation at all on this sub-
ject at the commencement of the session, principally because I mis*
eonceived the purposes, as 1 have found from subsequent observation,
which that State has in view. Under the influence of more accurate
iofinmation, I must say that the aspect of things since the commence-
ment of the session have, in my opinion, greatly changed. When I
oame to take my seat on this floor^ I had suppotsed that a member of
OK INTRODDCUfO THE COMPROMISE BILL. 151
this Union had taken an attitude of defiance and hostility against the
authority of the general government. I had imagined that she had
arrogantly required that we should abandon at once a system which
had long been the settled policy of this country. Supposing that she
had manifested this feeling, and taken up this position, I had, in con-
sequence, felt a disposition to hurl defiance back again, and to impress
upon her the necessity of the performance of her duties as a member
of this Union. But since my arrival here, I find that South Carolina
does not contemplate force, for it is denied and denounced by that
State. She disclaims it — and asserts that she is merely making an
experiment. That experiment is this : by a course of State legisla-
tion, and by a change in her fundamental laws, she is endeavoring by
her civil tribunals to prevent the general, government from carrying
the laws of the United States into operation within her limits. That
she has professed to be her object. Her appeal is not to arms, but to
another power ; not to the sword, but to the law. I must say, and 1
will say it with no intention ot disparaging that State, or any other
of the States — it is a feeling unworthy of her. As the purpose of
South Carolina is not that of force, this at once disarms, divests legis-
lation of one principal objection, which it appears to me existed
against it at the commencement of this session. Her purposes are all
of a civil nature. She thinks she can oust the United States from
her limits ; and unquestionably she has taken good care to prepare
her judges beforehand by swearing them to deride in her favor. If
we submitted to her, we should thus stand but a poor chance of ob-
taining justice. She disclaims any intention of resorting to force un-
less we should find it indispensable to execute the laws of the Union
by applying force to her. It seems to me the aspect of the attitude
of South Carolina has changed—- or rather, the new light which I have
obtained, enables me to see her in a different attitude — and I have
not truly understood her until she passed her laws, by which it was
intended to carry ^er ordinance into effect. Now, I venture to pr^
diet that the State to which I have referred must ultimately £ftil in her
attempt I disclaim any intention of saying anything to the dispar-
agement oi that State. Far from it. I think that she has been rash,
intemperate, and greatly in error ; and to use the language of one of
her own writers*— made up an issue unworthy of her. From one end
to the other of tkis continent, by acclamation, as it were, nullification
has been put down, and put jdown in a manner more efiectuilly than
lijrAtlMWMndwacpiwyn-tfapQia^ miMfMi; by tfie irresistible i^ma
152 fPSfiCHES OP HENRT CLAT
bj the mighty influence of public opinion. Not a voice beyond the
single State of South Carolina has been heard in favor of the princi-
ple of nullification, which she has asserted by her ov. n ordinance ;
and I will say, that she must fail in her lawsuit. I will express two
opinions ; the first of which is, that it is not possible for the ingenuity
of man to devise a system of State legislation to defeat the execution
of the laws of the United States, which cannot be countervailed by
federal legislation.
A State might take it upon herself to throw obstructions in the way
of the execution of the laws of the federal government ; but federal
legislation can follow at her heel quickly, and successfully counteract
the course of State legislation. The framers of the constitution fore-
saw this, and the constitution has guarded against it. What has it
said? It is declared, in the clause enumerating the powers of this
government, that Congress shall have all power to carry into efiect
all the powers granted by the constitution, in any branch of the go¥-
emnsent under the sweeping clause — for they have not specified con-
tingencies, because they could not see what was to happen — but
whatever powers were necessary, all, all are given to this govern-
ment by the fundamental law, necessary to carry into effect thoiifB
powers which are vested by that constitution in the federal govern-
ment. That is one reason. The other is, that it is not possible for
any State, provided this government is administered with prudence
and propriety, so to shape its laws as to throw upon the general gov-
ernment the responsibility of first resorting to the employment of force ;
but, if force at all is employed, it must be by State legislation, and
not federal legislation ; and the responsibility of employing that forca
must rest with, and attach to, the State itself.
9
I shall not go into the details of this bill. I merely throw out these
sentiments for the purpose of showing you that South Carolina, bar*
hag declared her purpose to be this, to make an experiment whether,
by a course of legislation, in a conventional form, or a legislative form
of enactment, she can defeat the execution of certain laws of the
United States, I, for one, will express my opinion — that I believe it
is utterly impracticable, whatever course of legislation she may choose
to adopt, for her to succeed. I am ready, fbr one, to give the tribu*
nals and the executive of the country, whether that executive has or
has not my oonfidence^ibe ueccssMj measiires ef power and autborilj
ON INTRODVCIirCI THS COMPKOMISE BILL. 153
to execute the laws of the Union. But I would not go a hair's breadth
further than what was necessary for those purposes. Up to that point
I would go, and cheerfully go ; for it is my sworn duty, as I regard
it, to go to that point.
Again : taking this view of the subject. South Carolina is doing
nothing more, except that she is doing it with more rashness, than
some other States have done— that respectable State, Ohio, and, if I
am not mistaken, the State of Virginia also. An opinion prevailed
aome years ago, that if you put the laws of a State into a penal form,
you could oust federal jurisdiction out of the limits of that State, be-
cause the State tribunals had an exQlusivc jurisdiction over penalties
and crimes, and it was inferred that no federal court could wrest the
authority from them. According to that principle, the State of Ohio
passed the laws taxing the branch of the United States Bank, and
high penalties were to be enforced against every person who should
attempt to defeat her taxation. The question was tried. It happened
to be my lot to be counsel at law to bring the suit against the State,
and to maintain the federal authority. The trial took place in the
State of Ohio ; and it is one of the many circumstances which re-
dounds to the honor of that patriotic State, she submitted to the fed-
eral force. I went to the office of the public treasury myself to which
was taken the money of the Bank of the United States, it having re-
mained there in sequestration until it was peaceably rendered, in obe-
dience to the decision of the court, without any appeal to arms. In
a building which I had to pass in order to reach the treasury, I saw
the most brilliant display of arms and musquetry that I ever saw in
my life ; but not one was raised or threatened to be raised against the
due execution of the laws of the United States, when they were then
enforced; In Virginia (but I am not sure that I am correct in the
history of it,) there was a case of this kind. Persons were liable to
penalties for selling lottery tickets. It was contended that the State
tribunals had an exclusive jurisdiction over the subject. The casc^
was brought before the Supreme Court — the parties were a Mr. Myers
and somebody else, and it decided as it must always decide, no mat-
ter what obstruction — no matter what the State law may be, the con-
stitutional laws of the United States must follow and defeat it, in its
attempt to arrest the federal arm in the exercise of its lawful authority.
South Carolina has attempted — and, I repeat it, in a much more of-
fensive way, attempted to defeat the execution of the lawa of the
154 •PEECHBS OF HENRT CLAT.
United States. But it seems that, under all the circumstances of the
case, she has, for the present, determined to stop here, in order that,
hy our legislation, we may prevent the necessity of her advancing any
farther. But there are other reasons for the expediency of legisla-
tion at this time. Although I came here impressed with a different
opinion, my mind has now hecome reconciled.
The memorahle first of Fehruary is past. I confess I did feel an
unconquerable repugnance to legislation until that day should have
passed, because of the consequences that were to ensue. I hoped
that the day would go over well. I feel, and 1 think that we must
all confess, we breathe a freer air than when the restraint was upon
us. But this is not the only consideration. South Carolina has prac
tically postponed her ordinance, instead of letting it go into effect, till
the fourth of March. Nobody who has noticed the course of events,
can doubt that she will postpone it by still further legislation, if Con-
gress should rise without any settlement of this question. I was
going to say, my life on it, she will postpone it to a period subsequent
to the fourth of March. It is in the natural course of events. South
Carolina must perceive the embarrassments of her situation. She
must be desirous — it is unnatural to suppose that she is not — ^to re-
main in the Union. What ! a State whose heroes in its gallant an-
cestry fought so many glorious battles along with those of the other
States of this Union — a State with which this confederacy is linked
by bonds of such a powerful character ! I have sometimes fancied
what would be her condition if she goes out of this Union ; if her five
hundred thousand people should at once be thrown upon their own
resources. She is out of the Union. What is the consequence ? She
is an independent power. What then does she do ? She must have
armies and fleets, and an expensive government — have foreign mis-
sions— she must raise taxes — enact this very tariff, which has driven
her out of the Union, in order to enable her to raise money, and to
sustain the attitude of an independent power. If she should liave no
force, no navy to protect her, she would be exposed to piratical in-
cursions. Their neighbor, St. Domingo, might pour down a horde
of pirates on her borders, and desolate her plantations. She must
have her embassies, therefore must she have a revenue. And, let me
tell you, there is another consequence — an inevitable one ; she has a
oertain description of persons recognized as property south of the
Bolamac, tad west of the Mistissippi, which would be no logger
L
ON IVTBODVCUIQ THB COMPEOMUE BILL. 155
recognized as such, except within their own limits. This species of
property would sink to one-half of its present value, for it is Louis-
iana and the south-western States which are her great market.
But I will not dwell on this topic any longer. I say it is utterly
impossible that South Carolina ever desired, for a moment, to become
a separate and independent State. If the exisfence of the ordinance^
while an act of Congress is pending, is to be considered as a motive
for not passing that law, why, this would be found to be a sufficient
reason for preventing the passing of any laws. South Carolina, by
keeping the shadow of an ordinance even before us, as she has it in
her power to postpone it from time to time, would defeat our legisla-
tion for ever. I would repeat that, under all the circumstances of the
case, the condition of South Carolina is only one of the elements of a
combination, the whole of which, together, constitutes a motive of
action which renders it expedient to resort, during the present session
of Congress, to some measure in order to quiet and tranquilize the
country.
If there b^ any who want civil war — who want to see the blood
of any portion of our countrymen spilt — I am not one of them. I
wish to see war of no kind ; but, above all, I do not desire to see a
civil war. When war begins, whether civil or fbreign, no human
sight is competent to foresee when, or how, or where it is to termi-
nate. But when a civil war shall be lighted up in the bosom of our
own happy land, and armies are marching, and commanders are win-
ning their victories, and fleets are in motion on our coast — tell me, if
you can, tell me if any human being can tell its duration. God alone
knows where such a war would end. In what a state will be left
our institutions ? In what state our liberties ? I want no war ; above
ail, no war at home.
Sir, I repeat, that I think South Carolina has been rash, intemper-
ate, and greatly in the wrong , but I do not want to disgrace her, nor
any other member of this Union. No : I do not desire to see the
lustre of one single star dimmed, of that glorious confederacy which
constitutes our political system still lessdo I wish to see it blotted out,
and its light obliterated for ever. Has not the State of South Caro-
lina been one of the members of this Union in <' days that tried men's
^ouli ?" Hare not her anceators fought along side our ancestors ?
I
156 8PEECHB8 OF H£iatT CLAT.
Have we not, conjointly, won together many a glorious battle ? If
we had to go into a civil war with such a State, how would it termi-
nate ? Whenever it should have terminated, what would be her con-
dition I 'If she should ever return to the Union, what would be the
condition of her feelings and affections ; what the state of the heart
of her people ? She has been with us before, when her ancestors
mingled in the throng of battle, and as I hope our posteiity will min-
gle with hers, for ages and centuries to come, in the united defence
of liberty, and for the honor and glory of the Union, Ldo not wish to
see her degraded or defaced as a member of this confederacy.
In conclusion, allow me to entreat and implore each individual mem-
ber of this body to bring into the consideration of this measure, which
I have had the honor of proposing, the same love of country which,
if I know myself, has actuated me , and the same desire of restoring
harmony to the Union, which has prompted this effort. If we can
forget for a moment — but that would be asking too much of human
nature — if we could suffer, for one moment, party feelings and party
causes — and, as I stand here before my God, I declare I have looked
beyond those considerations, and regarded only the vast interests of
this united people — I should hope that, under such feelings, and with
such dispositions, we may advantageously proceed to the considera-
tion of this bill, and heal, before they are yet bleeding, the wounds
of our distracted countrv.
#
IN SUPPORT OF THE COMPROMISE ACT.
In THE Senate of the United States February 25, 1833.
I The bill before noted, having been introduced and favorably reported,lt8 passage
was oppo;»ed in the Senate, especially by Mr. Wesstcr. Mr. Clay replied to the
aigiuneubi adduced against it as follows x]
Being anxious, Mr. President, that this bill should pass, and past
this day, I will abridge as much as I can the observations I am called
upon to make. I have long, with pleasure and pride, co-operated
in the public service with the Senator from Massachusetts ; and I
have found him faithful, enlightened, and patriotic. I have not a par^
tide of doubt as to the pure and elevated motives which actuate him.
Under these circumstances, it gives me deep and lasting regret to find
myself compelled to differ from him as to a measure involving vital
interests, and perhaps the safety of the Union. On the other hand,
I derive great consolation from finding myself on this occasion, in the
midst of friends with whom I have long acted, in peace and in war,
and especially with the honorable Senator from Maine, (Mr. Holmes)
with whom I had the happiness to unite in a memorable instance. It
was in this very chamber, that Senator presiding in the committee
of the Senate, and I in committee of twenty-four of the House of
Representatives, on a Sabbath day, that the terms were adjusted, by
which the compromise was effected of the Missouri question. Then
the dark clouds that hung over our beloi^^d country were dispersed ;
and now the thunders from others not less threatening, and which
have been longer accumulating, will, I hope, roll over us harmleia
and without injury.
The senator firom Massachusetts objects to the bill under consider-
etion on various grounds. He argues that it imposes unjustifiable
restraints on the power of future legislation ; that it abandons the
protective policy^ and that the details of the bill are practically de-
158 tPEECHES OF HENRT CLAT.
fective. He does not object to the gradual, but very inconsiderable,
reduction of duties which is made prior to 1842. To that he could
not object, because it is a species of prospective provision, as he ad-
mits, in conformity with numerous precedents on our statute book.
He does not object bo much to the state of the proposed law prior to
1842, during a period of nine years ; but throwing himself forward to
the termination of that period, he contends that Congress wiU then
find itself under inconvenient shackles, imposed by our indiscreti<Mi.
In the first place I would remark, that the bill contains no obligatory
pledges ; it coulj^ make none ; none are attempted. The power over
the subject is in the constitution ; put there by those who formed it,
and liable to be taken out only by an amendment of the instrument.
The next Congress, and every succeeding Congress, will undoubtedly
have the power to repeal the law whenever they may think proper.
Whether they will exercise it or not, will depend upon a sound dis-
cretion, applied to the state of the whole country, and estimatii^
Cuirly the consequences of the repeal, both upon the general harmony
and the common interests. Then the bill is founded in a spirit of
compromise. Now, in all compromises there must be mutual conces-
sions. The friends of free trade insist that duties should be laid in
reference to revenue alone. The friends of American industry say,
that another, if no| paramount object in laying them, should be to
diminish the consumption of foreign, and increase that of domestic
products. On this point the parties divide, and between these two
opposite opinions, a reconciliation is to be effected, if it can be accom-
plished. The bill assumes as a basis, adequate protection for nine
years, and less beyond that term. The friends of protection say to
their opponents, we are willing to take a lease of nine years with the
long chapter of accidents beyond that period including the chance of
war, the restoration of concord, and along with it, a conviction coRk-
mon to all, of the utility of protection ; and in consideration of it, if,
in 1842, none of these contingencies shall have been realized, we artf
willing to submit as long as Congress may think proper, to a maxim*
nm rate of twenty per cent., with the power of discrimination below
it, cash duties, home valuations, and a liberal list of free articles, for
the benefit of the manufacturing interest, To these conditions the
opponents of protection are ready to accede. The measure is what it
professes to be, a compromise ; but it imposes, and could impose no
restriction upon the will or power of a future Congress. Doubtteas
great reepect will be paid, as it ought to be paid, to the aerions
09 inTRomyciira the compiiomisb bill. 1M
dkion of the country that has prompted the passage of this hill. Any
future Congress that might disturb this adjustment, would act under
a high responsibility, but it would be entirely within its competency
to repeal, if it thought proper, the whole bill. It is &r from the ob-
ject of those who support this bill, to abandon or surrender the policy
ci protecting American industry. Its protection or encouragement
may be accomplished in various ways. 1st. By- bounties, as far as
they are within the constitutional power of Congress to ofier them.
2d. By prohibitions, totally excluding the foreign rival article. 3d.
By high duties, without regard to the aggregate am^fSt of revenue
which they produce. 4th. By discriminating duties so adjusted as to
limit the revenue to the economical wants of governn;ent. And 5thly,
By the admission of the raw material, and articles essential to manu-
fitctures, free of duty. To which may be added, cash duties, home
valuations, and the regulation of auctions. A perfect system of pro-
tection would comprehend most if not all these modes of afibrding it.
There might be at this time a prohibition of certain articles, (ardent
spirits and coarse cottons, for example,)r to public advantage. If
there were not inveterate prejudices and conflicting opinions prevail-
ing, (and what statesman can totally disregard impediments ?) such
a compound system might be established.
Now, Mr. President, before the assertion is made that the bill sur
renders the protective policy, gentlemen should understand perfectly
what it does not as well as what it does propose. It impairs no
power of Congress over the whole subject ; it contains no promise or
I^edge whatever, express or implied, as to bounties, prohibitions, or
auctions ; it does not touch the power of Congress in regard to them,
and Congress is perfectly free to exercise that power at any time ; it
expressly recognizes discriminating duties within a prescribed limit ;
it provides for cash duties and home valuations ; and it secures a free
list, embracing numerous articles, some of high importance to the
manu&cturing arts. Of all the modes of protection which I have
enumerated, it affects only the third ; that is to say, the imposition of
high duties, producing a revenue beyond the wants of government.
The senator fix)m Massachusetts contends that the policy of protec-
tion was settled in 1816, and that it has ever since been maintained.
Sir, it was settled long before 1816. It is coeval with the present
oonstitotion, and it will continue under some of its various aspects,
doriog the existence of the goTerament, No nation can exist— no
160 tPX£CHKt OF RKXTKT CLAT.
nation perhaps eyer existed, without protection in some form, and to
some extent, being applied to its own industry. The direct and ne-
cessary consequence of abandoning the protection of its own indostcy,
would be to subject it to the restrictions and prohibitions of foreign
powers ; and no nation, for any length of time, can endure an alien
legislation in which it has no will. The discontents which prevail,
aifd the safety of the republic, may require the modification of a spe-
cific mode of protection, but it must be preserved in some other mora
acceptable shape.
All that was settled in 1816, in 1824, and in 1828, was that pPO>
tection should be afforded by high duties^ mihout regard to the amtnmit
of the revenue which they might yield. During that whole period, we
had a public debt which absorbed all the surpluses beyond the ordi-
nary wants of government. Between 1816 and 1824, the revenoe
was liable to the great fluctuation^, vibrating between the extremes
of about nineteen and thirty-six millions of dollars. If there were
more revenue, more debt was paid ; if less, a smaller amount wai
reimbursed. Such was sometimes the deficiency of the revenue that
it became necessary to the ordinary expenses of government, to trench
upon the ten millions annually set apart as a sinking fund, to extin-
guish the public debt. If the public debt remained undischarged, or
we had any other practical mode of appropriating the surplus revenue,
the form of protection, by high duties, might be continued without
public detriment. It is the payment of the public debt, then, and the
arrest of internal improvements by the exercise of the veto, that un^
settle that specific form of protection. Nobody supposes, or proposee
that we should continue to levy by means of high duties, a large an-
nual surplus, of which no practical use can be made, for the sake of
the incidental protection which they afford. The Secretary of the
Treasury estimates that surplus on the existing scale of duties, and
with the other sources of revenue, at six millions annually. An an*
Dual accumulation at that rate, would, in a few years, bring into the
treasury the whole currency of the country, to lie there inactive and
dormant.
This view of the condition of the country has impressed every pub-
lic man with the necessity of some modification of the principles of
protection, so far as it depends upon high duties. The senator from
Massachusetts feels it ; and hence, in the resolutions which he 8irf»-
ON IMTROPUCING THK COMPROMISE BILL. 161
mitted, he proposes to redoce the duties, so as to limit the amount of
the revenue to the wants of the government. With him revenue is
the principalj-protection the subordinate object. If protection cannot
be enjoyed aftep such a reduction of duties as he thinks ought to be
made, it is not to be extended. He says, specific duties and the pow-
er of discrimination, are preserved by his resolutions. So they may
be under the operation of the bill. The only difTerence between the
two schemes is, that the bill in the maximum which it provides, sug-
gests a certain limit, while his resolutions lay down none. Below
that maximum the principle of descrimination and specific duties may
be applied. The senator from Pennsylvania, (Mr. Dallas,) who,
equally with the senator from Massachusetts, is opposed to this bill,
would have agreed to the bill if it had fixed thirty instead of twenty
per centum ; and he would have dispensed with home valuation, and
come down to the revenue standard in five or six years. Now, Mr.
President, 1 prefer, and 1 think the manufacturing interest will prefer,
nine years of adequate protection, home valuations, and twenty per
centum to the plan of the senator from Pennsylvania.
Mr. President, I want to be perfectly underftood as to the motives
which have prompted me to offer this measure. I repeat what I said
mn the introduction of it, that they are, first, to preserve the manufac-
taring interest, and secondly, to quiet the country. 1 believe the
American system to be in the greatest danger ; and I believe it can
be placed on a better and safer foundation at this session than at the
Bert. I heard with surprise, my friend from Massachusetts say, that
DOihing had occurred within the last six months to increase its hazard,
1 entreat him to review that opinion. Is it correct. Is the issue of
■umerous elections, including that of the highest officer of the gov-
ernment nothing ? Is the explicit recommendation of that officer, in
bm message, at^the opening of the session, sustained, as he is, by a
recent triumphant election, nothing ? Is his declaration in his procla-
■lalion, that the burdens of the South ought to be relieved, nothing ?
Is the introduction of a bill into the House of Representatives, during
this session, sanctioned by the head of the treasury and the adminis-
tjstion, prostrating the greater part of the manufactures of the country,
ttotbing ? Are the incretsing discontents, nothing ? Is the tendency
«f recent events to unite the whole South, nothing ? What have we
sot witnessed in this dwnber ? Friends of the administratwn, bunt*
lag nU tbs tiss which seemri indiffobiUy to untie them to its chie^
162 SPEECHES OF HERRT CLAY.
and, with few exceptions south of the Potomac, opposing, and vehe-
mently opposing, a favorite measure of that administration, which
three short months ago they contributed to establish ! ^et us not de-
ceive ourselves. ISow is the time to adjust the question in a manner
satisfactory to both parties. Put it off until the next session, and the
alternative may, and probably then would be a speedy and ruinous
reduction of the tariff, or a civil war witii the entire South.
It is well known, that the majority of the dominant party is adverse
to die tariff. There are many honorable exceptions, the senator from
New Jersey, (Mr. Dickerson,) among thein. But for the exertions
of the other party, the tariff would have been long since sacrificed
Now let us look at the composition of the two branches of Congress
at the next session. In this body we lose three friends of the protec-
tive policy, without being sure of gaining one. Here, judging from
present appearances, we shall at the next session be in the minority.
In the House it is notorious that there is a considerable accession to
the number of the dominant party. How then, I ask, is the system
to be sustained against numbers, against the whole weight of the ad-
ministration, against the united South, and against the increased pen-
ding danger of civil war ? There is, indeed, one contingency that
might save it, but that is too uncertain to rely upon. A certain class
of northern politicians, professing friendship to the tariff, have been
charged with being secretly inimic&l to it, for political purposes.
They may change their ground, and come out open and undisguised
supporters of the system. They may even find in the measure which
I have brought forward, a motive for their conversion. Sir, I shall
rejoice in it, from whatever cause it may proceed. And, if they can
give greater strength and durability to the system, and at the same
time quiet the discontents of its opponents, I shall rejoice still morp.
They shall not find me disposed to abandon it, because it has drawn
succour from an unexpected quarter. No, Mr. President, it is not
destruction, but preservation of the system at which we aim. If dan-
gers now assail it, we have not created them. I have sustained i^
upon the strongest and clearest convictions of its expediency. They
are entirely unaltered. Had others, who avow attachment to it, sup-
ported it with equal zeal - and straight-forwardness, it would be now
free from embarrassment ; but with them it has been a secondary in-
tentt. I utter no complaints ; I make no reproaches. I wish aafy
.lodafand myalf now, at hefcto&m, againat nnjoii aswolta. I b$w
■>
09 IHTBODUCIHO THK COMPROMIBB ACT. 168
been represented as the father of this system, and I am charged with
aa unnatural abandonment of my own offspring. I have never arro-
gated to myself any such intimate relation to it. I have, indeed,
cherished it with parental fondness, and my affection is undiminished,
but in what condition do I find this child ? It is in the hands of the
Philistines, who would strangle it. I fly to its rescue, to snatch it
from their custody, and to place it on a bed of security and repose for
nine years, where it may grow and strengthen, and become accepta-
ble to the whole people. I behold a torch about being applied to a
favorite edifice, and 1 would save it if possible before it is wrapt in
flames, or at least preserve the precious furniture which it contains.
1 wish to see the tariff separated from the politics of the country,
that business men may go to work in security, with some prospect of
stability in our laws, and without everything being staked on the is-
sue of elections as it were on the hazards of the die.
And the other leading object which has prompted the introduction
of this measure, the tranquilizing oi the country is no less important.
All wise human legislation must consult in some degree the passions
and prejudices, and feelings, as well as the interests of the people. It
would be vain and foolish to proceed at all times, and under all cir-
cumstances, upon the notion of absolute certainty in any system, or
infallibility in any dogma, and to push these out without regard to
any consequences. With us, who entertain the opinion that Congress
is constitutionally invested with power to protect domestic industry,
it is a question of mere expediency as to the form, the degree, and
the time that the protection shall be afforded. In weighing all the
considerations which should control and regulate the exercise of thai
power, we ought not to overlook what is due to those who honestly
entertain opposite opinions to large masses of the community, and to
deep, long cherished and growing prejudices. Perceiving, ourselves,
no constitutional impediment, we have less difficulty in accommoda-
ting ourselves to the sense of the people of the United States upon
this interesting subject, I do believe that a majority of them is in
£ivor of this policy ; but I am induced to believe this almost against
evidence. Two States in New England, which have been in favor
«f the system, have recently come out against it. Other States of
the noxlh and east have shown a remarkable indifference to its preser-
▼mtion. If, indeed, they have wished to preserve it, they have ney-
ertheless placed the powers of government in hands which ordinary
164 SPBECHKS or HENRT CLAT.
information must have assured them ^were rather a hazardous deposi-
tory. With us in the west, although we are not without some direct,
, and considerable indirect interest in the system, we have supported it
more upon national than sectional grounds.
Meantime the opposition of a large and respectable section of the
Union, stimulated by political success, has increased, and is increas-
ing. Discontents are multiplying and assuming new-and dangerous
aspects. They have been cherished by the course and hopes inspired
during this administration, which, at the very moment that it threatens
and recommends the use of the power of the Union, proclaims aloud
the injustice of the system which it would enforce. These discontents
are not limited to those who maintain the extravagant theory of nul-
lification ; they are not confined to one State ; they are coextensh'e
with the entire South, and extend even to northern States. It has
been intimated by the senator from Massachusetts, that, if we legis-
late at this session on the tariff, we Would seem to legislate under the
influence of a panic. I believe, Mr. President j I am not nwre sensi-
ble to danger of any kind, than my fellow-men are generally. It per-
haps requires as much moral courage to legislate under the imputa-
tion of a panic, as to refrain from it lest such nn imputation should be
made. But he who regards the present question as being limited to
South Carolina alone, takes a view of it much too contracted.
There is a sympathy of feeling and interest throughout the whole
South. Other southern States mav differ from that as to the reme-
dy to be now used, but all agree (great as in my humble judgment
is their error,) in the substantial justice of the cause. Can there
be a doubt that those who think in common will sooner or later act
in concert ? Events are on the wing, and hastening this co-operation.
Since the commencement of this session, the most powerful soathem
member of the Union has taken a measure which cannot fail to lead
to important consequences. , She has deputed one of her most distin-
guished citizens to request a suspension of measures of resistance. No
attentive observer can doubt that the suspension will be made. Well,
sir, suppose it takes place, and Congress should fail at the next ses-
sion to afford the redress which will be solicited, what course would
every principle of honor, and every consideration of the interests of
Virginia, as she understands them, exact from her ? Would she not
make common cause with South Carolina.^ — and if she did, would
IN SUPPORT OF TfiS C0IIPR0UI8B ACT. 165
Bot the entire Soath eventually become parties to the contest ? The
test of the Union might put down the South, and reduce it to submis-
sion ; but, to say nothing of the uncertainty and hazards of all war,
is that a desirable state of things ? Ought it not to be avoided if it
can be honorably prevented ? I am not one of those who think that
we must rely exclusively upon moral power, and never resort to
physical force. 1 know too well the frailties and follies of man, in
his collective as well as individual character, to reject in all possible
cases, the employment of force ; but I do think that when resorted to,
especially, among the members of a confederacy, it should manifestly
appear to be the only remaining appeal.
But suppose the present Congress terminates without any adjust*
ment of the tariff, let us see in what condition its friends will find
themselves at the next session. South Carolina will have postponed
the execution of the law passed to carry into eflect her ordinance
until the end of that session. All will be quiet in the south for the
present. The President, in his opening message, will urge that jus-
tice, as he terms it, be done to the south, and that the burdens im<*
posed upon it by the tariff be removed. The whole weight of the ad*
ministration, the united south, and majorities of the dominant ptrtf
in both branches of Congress, will be found in active^ co-operation..
Will the gentleman from Massachusetts tell me how we are to save
the tariff against this united and irresistible force ? They will accuse
us of indifference to the preservation of the Union, and of being will*
iog to expose the country to the dangers of civil war. The fact of
South Carolina postponing her ordinance, at the instance of Virginia,
and once more appealing to the justice of Congress, will be pressed
with great emphasis and effect. It does appear to me impossible that
we can prevent a most injurious modification of the tariff at the next
session, and that this is the favorable moment for an equitable arrange-
ment of it. I have been subjected to animadversion for the admission of
the fttct, that, at the next session,our opponents will be stronger, and the
friends of the American System weaker than they are in this Congress.
Bat, is it not so ? And is it not the duty of every man who aspirei
td be a statesman to look at naked facts as they really are ? Must ha
•ttjqpress them } Ought he, like children, to throw the counterpani
over his eyes, and persuade himself that he is secure from danger ?
Are not our opponents as well informed as we are about their own
•mBgCnf .
•L
166 •PXBGHE8 OF HKNIIT CLAT.
If we adjourn, without any pennaneDt tettlement of the tarifl^ m
what paiDful suspense and terrible uncertainty shall we not leave the
manufacturers and business men of the country ? All eyes will be
turned, with trembling and fear, to the next session. Operations wiH
be circumscribed, and new enterprises checked, or, if otherwise, ruui
and bankruptcy may be the consequence. I believe, sir, this meaa*
lire, which offers a reasonable guarantee for permanence and stability,
will be hailed by practical men with pleasure. The political maDifr-
bcturers may be against it, but it will command the approbation of a
large majority of the business manufacturers of the country
But the objections of -the honorable Senator from Massacha-
settsare principally directed to the peiiod beyond 1842. During
the intermediate time, there is every reason to hope and believe that
the bill secures adequate protection. All my information assures me
of this ; and it is demonstrated by the fact, that, if the measure of
protection, secured prior to the 31st December, 1841, were permar
nent, or if the bill were even silent beyond that period, it would coiii->
mand the cordial and unanimous concurrence of the friends of tiio
policy. What then divides, what alarms us .^ It is what may po^
Mbf be the state of things in the year one thousand eight hundred
and forty-two^ or subsequently ! Now, sir, even if that should bo
as bad as the m^ist vivid imagination or the most eloquent tongno
could depict it, if we have intermediate safety and security, it does
not seem to me wise to rush upon certain and present evils, becauao
of those which, admitting their possibility, are very remote and con-
tingent. What ! shall we not extinguish the flame which is bnnt»
ing through the roof that covers us, because, at some future and dis-
tant day, we may be again threatened with conflagration ?
I do not admit that this bill abandons, or fails by its provisions to
secure reasonable protection beyond 1842. I cannot know, 1
tend not to know, what will then be the actual condition of thisi
try, and of the manufacturing arts, and their relative conditicm to the
rest of the world. I would as soon confide in the forecast of the hon*
orable Senator from Massachusetts, as in that of any other man in
this Senate, or in this country ; but he, nor any one else, can tell
what that condition will then be. The degree of protection whick
will be required for domestic industry beyond 1842, depends upon
the reduction of wages, the accumulation of capital, the improyemiKt
m 8UFF0BT OF TRS COMFROMIIE ACT. 167
m skin, the perfection of inachineiy, and the cheapening of the price^
at home, of essential artfcles, such as fuel, iron, &c. I do not think
that the honorable Senator can throw himself forward to 1S42, and
tell us what, in all these particulars, will be the state of this country,
and its relative state Uf other countries. We know that, in all human
probability, pur numbers will be increased by an addition of one-third,
at least, to their present amount, and that may materially reduce
wages. We have reason to believe that our capital will be augment-
ed, our skill improved ; and we know that great progress has been
made, and is making, in machinery. There is a constant tendency
to decrease in the price of iron and coal. The opening of new mines
and new channels of communication, must continue to lower it. The
successful introduction of the process of coaking will have great efifect
The price of these articles, one of the most opulent and intelligent
manufacturing houses in this country assures me, is a principal cause
of the present necessity of protection to the cotton interest ; and that
house is strongly inclined to think that 20 per cent, with the other
advantages secured in this bill, may do beyond 1842 Then, sir,
what effect may not convulsions and revolutions in Europe, if any
should arise, produce ? I am fiu' from desiring them, that our coun-
try may profit by their occurrence. Her greatness and glory rest, I
hope, upon a more solid and more generous basis. But we cannot
•hut our eyes to the fact, that our greatest manufacturing, as well as
commercial competitor, is undergoing a momentous political experi-
ment, the issue of which is far from being absolutely certain. Who
can raise the veil of the succeeding nine years, and show what, at
their termination, will be the degree of competition which Great
Britain can exercise towards us in the manufecturing arts ?
Suppose, in the progress of gradual descent towards the revenae
siaodard, for which this bill provides, it should, some years hence,
become evident that further protection, beyond 1843, than that which
it contemplates, may be necessary, can it be doubted that, in some
ibnn or other, it will be applied ? Our misfortune has been, and yet
IB, that the public mind has been constantly kept in a state of feverish
excitement in respect to this system of policy. Conventions, elec-
tions, Congress, the public press, have been for years all acting upon
the tariff, and the tariff acting upon them all. Prejudices have been
excited, passions kindled, and mutual irritations carried to the h\^
«il9flAofefltiH(nr«lk>D, miMiQehthBl good fbeli^gi bavetoena)i|f
108 apiBCHii or hbnry clat.
most extinguished, and the voice of reason and experience silenced^
among the members of the confederacy. Let us separate the tariff
from the agitating politics of the country, place it upon a stable and
firm foundation, and allow our enterprising countrymen to demon-
strate to the whole Union, by their skilful and successful labors, the
inappreciable value of the arts. If they can have, what they have
never yet enjoyed, some years of repose and tianquillity, they will
make, silently, more converts to the policy, than would be made
during a long period of anxious struggle and boisterous contention.
Above all, I count upon the good effects resulting from a restoration
of the harmony of this divided people, upon their good sense and their
love of justice. Who can doubt, that when passions have subsided,
and reason has resumed her empire, that there will be a dispoaitioa
throughout the whole Union to render ample justice to all its parts ?
Who will believe that any section of this great confederacy would
look with indifference to the prostration of the interests of another
section, by distant and selfish foreign nations, regardless alike of the
welfare of us all ? No, sir ; I have no fears beyond 1842. The peo-
ple of the United States are brethren, made to lovcf and respect eaeh
other. Momentary causes may seem to alienate them, but, like
fiimily differences, they will terminate in a closer and more aflfectioB*
ate union than ever. And how much more estimable will be a ayn»
tern of protection, based on common conviction and common consent,
and planted in the bosoms of all, than one wrenched by power fironi
reluctant and protesting weakness ?
That such a system will be adopted, if it should be necessary fiir
the period of time subsequent to 1842, 1 will not doubt. But, in the
scheme which I originally proposed, I did not rely exclusively, great
as my.reliance is, upon the operation of fraternal feelings, the retnm
of reason, and a sense of justice. The scheme contained an appeal te
the interests of the South. According to it, unmanufectured cotton
was to be a free article after 1842. Gentlemen from that quarter
have digain and again asserted that they were indifierent to the do^
of three cents per pound on cotton, and that they feared no foreign
competition. I have thought otherwise ; but I was willing, hy wq^
of experiment, to take them at their word ; not that I was oppoeed
Id the protection of cotton, but believing that a few cargoes of for-
eign cotton introduced into our nortbem ports, free of du^, iroold
hasten our flontheni friends to oome hoe and ask that proteetioB fbf
IN SUPKIBT 99 THE COMPBOMUM ACT. 109
their great staple, which is wanted in other sections for their interestf.
That feature in the scheme was stricken out in the select committee,
bat not by the consent of my firiencl from Delaware (Mr. Clayton) or
Bi3rMelf. Still, afteT 1842, the south may want pnitection for sugati
for tobacco, for Virginia coal, perhaps for cotton and other articles,
whilst other quarters may need it for wool, woollens, iron and cotton
fabrics ; and these mutual wants, if they should exist, will lead, I hope.
Id some amicable adjustment of a tariff for that distant period, 8ati»>
iactory to all. The theory of protection supposes, too, that, after a
certain time, the protected arts will have acquired such strength and
portion as will enable them subsequently, unaided, to stand up
against foreign competition. If, as I have no doubt, this should prove
to be correct, it will, on the arrival of 1842, encourage all parts of
the Union to consent to the continuance of longer protection to the
articles which may then require it.
The bill before us strongly recommends itself by its equity and inH
partiality. It favors no one interest, and no one State, by an unjuil
sacrifice of others. It deals equally by all. Its basis is the act of
Jaly last. That act was passed after careful and thorough investi*
gation, and long deliberation, continued through several months. Al*
though it may not have been perfect in its adjustment of the proper
measure of protection to each article which was supposed to merit it,
it is not likely that, even with the same length of time before us, we
coald make one more perfect. Assuming the justness of that act, the
bill preserves the respective propositions for which the act provides,
and subjects them all to the same equal but moderate reduction,
spread over the long space of nine years. The Senator from Massa-
chusetts contends that a great part of the value of all protection is
gireo up by dispensing with specific duties and the principle of dis-
crimination. But much the most valuable articles of our domestic
manufacturec (cottoa and woollens, for exam[^e,) have never enjoy-
ed the advantage of specific duties. They have always been liable
to ad valorem duties, with a very limited application of the minimum
principle. The bill does not, however, even after 1842, surrender
either mode of laying duties. Discriminations are expressly recog-
nised below the maximum, and specific duties may also be imposed,
provided they do not exceed it.
The boDonble Seiiatiir also contends that the bill is imperfiact, and
170 iPEBcuBs OP anrBT cult.
ihftt the exectttioB of it will be impracticable. He asks, how is the
excess above 20 per cent, to be ascertained on coarse and printsd
cottons, liable to minimums of 30 and 35 cents, and subject to a duty
of 25 pbr cent, ad valorem ; and how is it to be estimated in the cat»
of specific duties ? Sir, it is very probable that the bill is not perfect,
but I do not believe that there is anything impracticable in its execD-
tion. Much will, however, depepd upon the head of the treasury
department. In the instance of the cotton minimums, the statute
having, by way of exception to the general ad valorem rule, declared,
in certain cases, how the value shall be estimated, that statutory
value ought to govern ; and consequently the 20 per cent, should be
exclusively deducted from the 25 per cent, being the rate of duties
to which cottons generally are liable ; and the biennial tenths should
be subtracted from the excess of five per cent. With regard to spe-
cific duties, it will, perhaps, be competent to the Secretary of the
Treasury, in the execution of the law, for the sake of certainty, to
adopt some average value, founded upon importations of a previous
year. But if the value of each cargo, and every part of it, is to be
ascertained, it would be no more than what now is the operation in
the case of woollens, silks, cottons above 30 and 35 cents, and a v^
riety of other ai tides : and consequently there would be no more im-'
practicability in the law.
To all defects, however, real or imaginary, which may be supposed
will arise in the execution of the principle of the bill, I oppose one
conclusive, and, I hope, satisfactory answer. Congress will be in
session one whole month before the commencement of the law ; aod
if, in the meantime, omissions calling for further legislation shall be
discovered, there will be more time then than we have now to sup-
ply them. Let us, on this occasion of compromise, pursue the exam-
ple of our fathers, who, under the influence of the same spirit, in the
adoption of the constitution of the United States, determined to ratify
it, and go for amendments afterwards.
To the argument of the Senator from Massachusetts, that this in-
terest, and that, and the other, cannot be sustained under the protec-
tion beyond 1842, 1 repeat the answer, that no one can now tell whet
may then be necessary. That period will provide for itself. But I
was surprised to hear my friend singling out iron as an article that
would be most injuriously affected by the operation of this bill. If I
IH SUPPORT OP THE COMPROMIIE ACT. 171
am Dot greatly mistakeD in my recollection, he opposed and Toted
against the act of 1824, because of the high duty imposed on iron.
But for that duty, (and perhaps the duty on hemp,) which he tlieii
considered threw an unreasonable burden upon the navigation of the
country, he would have supported that act. Of all the articles to
which protecting duties are applied, iron, and the manufactures of
iron, enjoy the highest protection. During the term of nine years,
the deductions from the duty are not sgch as seriously to impair those
great interests, unless all my information deceives me ; and beyond
that period the remedy has been already indicated. Let me suppose
that the anticipations which 1 form upon the restoration of concord
and confidence suall be all falsified ; that neither the sense of frater-
nal afiection, nor common justice, nor even common interests, will
lead to an amicable adjustment of the tariff beyond 1842. Let me
suppose tliat period has arrived, and that the provisions of the bill
shall be interpreted as an obligatory pledge upon the Congress of
that day ; and let me suppose, also, that a greater amount of proteo*
tion than the bill provides is absolutely necessaiy to some interests,
what is to be done ? Regaided as a pledge, it does not bind Congresi
for ever to adhere to the specific rate of duty contained in the bill
The most, in that view, that it exacts, is to make a foir experiment.
If, afler such experiment, it should be demonstrated that, under such
an arrangement of the tariff, the interests of large portions of the
Union would be sacrificed, and they exposed to ruin, Congress will
be competent to apply some remedy that will be effectual ; and I hope
and believe that, in such a contingency, some will be devised that
may preserve the harmony and perpetuate the blessings of the Union.
It has been alledged that there will be an augmentation, instead of
a diminution of revenue, under the operation of this bill. I feel quite
confident of the reverse ; but it is sufficient to say that both contin-
gencies are carefully provided for in the bill, without aiiecting the pro-
tected articles. *«
The gentleman from Massachuetts dislikes the measure, because it
commands the concurrence of those who have been hitherto opposed^
Sd regard to the tariff; and is approved by the gentleman from South
Carolina, (Mr. Calhoun) as well as by myself. Why, sir, the gen-
tleman has told us that he is not opposed to any compromise. Will
he be pleased to say how any compromise oan be e&oted, withoat •
ITS wbbcbh or murRT clat.
coDCurrence between those who had been previously diridedi md
tekmg some medium between the two extremes ? The wider the di-
Tision may have been, so much the better for the compromise, which
-ought to be judged of by its nature and by its terms, and not solely
by those who happen to vote for it. It is an adjustment to which
both the great interests in this country may accede without either b^
ing dishonored. The triumph of neither is complete. Eachy for the
sake of peace, harmony, and junion, makes some concessions. The
south has contended that every vestige of protection should be eradi-
cated from the statute book, and the revenue standard forthwith
adopted. In assenting to this bill, it waives that pretension — ^yields
to reasonable protection for nine years ; and consents, in consideniF
tion of the maximum of twenty per cent, to be subsequently applied^
to discriminations below it, cash duties, home valuations, and a long
list of free articles. The north and west have contended for the prac-
tical application of the principle of protection, regulated by no other
limit than the necessary wants of the country. If they accede to thb
adjustment, they agree, in consideration of the stability and certainty
which nine years' duration of a favorite system of policy afibrds, and
of the other advantages which have been enumerated, to come down
in 1S42 to a limit not exceeding twenty per cent. Both parties, aid-
mated by a desire to avert the evils which might flow from carrying
oat into all their consequences the cherished system of either, have
met upon common ground, made mutual and friendly concessions^
and, I trust, and sincerely believe, that neither will have, hereafter,
occasion to regret, as neither can justly rei»'oach the other with wbi^
may be now done.
This, or some other measure of conciliation,' is now more than ever
eeoessary, since the passage, through the Senate, of the enforcing biD.
To that bill, if I had been present, on the final vote, I should have
given my assent, although with great reluctance. I believe this gor*
emment not only possess^ of the constitutional power, but to be
bound by every consideration, to maintain the authority of the laws.
But I deeply regretted the necessity which seemed to me to require
the passage of such a bill. And I was far from being without serioiw
apprehensions as to the consequences to which it might lead. I ielt
no new-bom zeal in favor of the present administration, of which I
BOW think as I have always thought. I could not vote against the
measure i 1 wouU not qpeak in its behalf. I thought it most proper
i
nr svPvomT or the. ooMPMnrai act. 198
IB me to leave to the friencls of the administration and to others, who
might feel themselrea particularly called upon, to defend and sustain
• strong measure of the administration. With respect to the series
of acts to which the executive has resorted, in relation to our south-
em disturbance, this is tiot a fit occasion to enter upon a full consid-
eration of them ; but I will briefly say, that, although the proclama-
tion is a paper of uncommon ability and eloquence, doing great credit,
as a composition, to him who prepared it, and to him who signed it^
I think it contains some ultra doctrines, which no party in this coun-
try had ventured to assert. With these arc mixed up many sound
principles and just views of our political systems. If it is to be judged
by its effects upon those to whom it was more immediately addressed,
it must be admitted to have been ill-timed and unfortunate. Instead
of allaying the excitement which prevailed,^ it increased the exaspe-
ration in the infected district, and affoided new and unnecessary causes
of discontent and dissatisfaction in the south generally. The mes-
sage, subsequently transmitted to Congress, communicating the pro-
ceedings of South Carolina, and calling for countervailing enactments,
was characterized with more prudence and moderation. And, if thii
unhappy contest is to continue, I sincerely hope that the future con-
duct of the administration may be governed by wise and cautious
eouDsels, and a parental forbearance. But when the highest degree
of animosity exists; when both parties, however unequal, have ar-
nyed themselves for the conflict, who can tell when, by the indis-
cretion of subordinates, or other unforseen causes, the bloody strug-
gle may commence ? In the midst of magazines, who knows when
the fatal spark may produce a terrible explosion ? And the battle
once begun, where is its limit ? What latitude will circumscribe its
TBgb ? Who is to command our armies ? When, and where, and
how is the war to cease f In what condition will the peace leave
the American System, the American Union, and, what is more than
all, American liberty ? I cannot profess to have a confidence, which
I have not, in this administration, but if I had all confidence in it, I
should still wish to pause, and, if possible, by any honorable adjust-
ment, to prevent awful consequences, the extent of which no hunum
wisdom can foresee.
It appears to me, then, Mr. President, that we ought not to con-
tent ouradves with passing the enforcing bill only. Both that and
the bill of peace aeem to me to he required for t* e food of our coun-
■id
174 fmcHst OF rutbt olat.
tiy^ The first will satisfy all who love order and law, and disaj^prore
the inadmissible doctrine of nullification. The last will soothe thoae
who love peace and concord, harmony and union. One demonstrate
the power and the disposition to vindicate the authority and suprema-
cy of the laws of the Union ; the other offers that which, if it be ae-
oepted in the fraternal spirit in which it is tendered, will supersede
the necessity of the employment of all force.
There are some who say, let the tariff go down ; let our manu&o-
tnres be prostrated, if such be the pleasure, at another session, of thoee
to whose hands the government of this country is confided : let banker
niptcy and ruin be spread over the land : and let resistance to the
laws, at all hazards, be subdued. Sir, they take counsel fi-om their
passions. They anticipate a terrible reaction firom the downfall of
the tariff, which would ultimately re*establish it upon a firmer basis
than ever. £>ut it is these very agitations, these mutual irritations
between brethren of the same family, it is the individual distress and
general ruin that would necessarily follow the overthrow of the tariff,
that ought, if possible, to be prevented. Besides, are we certain of
this reaction ? Have we not been disappointed in it as to other meas-
ures heretofore ? But suppose, after a long and embittered struggle,
it should come, in what relative condition would it find the parts of
this confederacy ? In what state our ruined manufactures ? When
they should be laid low, who, amidst the fragments of the general
wreck, scattered over the face of the land, would have courage to en-
gage in fresh enterprises, under a new pledge of the violated faith of
the government ? If we adjourn, without passing this bill, having
entrusted the executive with vast powers to maintain the laws, should
he be able by the next session to put down all opposition to them,
will he not, as a necessary consequence of success, have more power
than ever to put down the tariff also ? Has he not said that the south
IS oppressed, and its burdens ought to be relieved ? And will he not
feel himself bound, after he shall have triumphed, if triumph he may
in a civil war, to appease the discontents of the south by a modificnp
tion of the tariff, in conformity with its wishes and demands ? No,
sir ; no, sir ; let us save the country from the most dreadful of all
calamities, and let us save its industry, too, from threatened destruc-
tion. Statesmen should regulate their conduct and adapt their meai-
nres to the exigencies of the times in which they live. They pannot,
I, transcend the limita of the constitutional rule ; but with rd»
0« niTB0D9CIIIO TBI OMPBOilltt ACT. 175
ipect to those systems of policy which fall within its scope, they should
arrange them according to the interests, the wants, and the prejudices
of the people. Two great dangers threaten the public safety. The
true patriot will not stop to inquire how they have been brought
about, but will fly to the deliverance of his country. The di^rence
between the friends and the foes of the compromise, under considerar
tion, is, that they would, in the enforcing act, send forth alone a flam-
ing sword. We would send out that also, but along with it the olive
branch, as a messenger of peace. They cry out, the law ! the law I
the law ! Power ! power ! power ! We, too, reverence the law, and
bow to the supremacy of its obligation ; but we are in favor of the
law executed in mildness, and of power tempered with mercy. Theyi
as we think, would hazard a civil commotion, beginning in South
Carolina and extending, God only knows where. While we would
vindicate the federal government, we are for peace, if possible, Union
and liberty. We want no war, above all, no civil war, no family
strife. We want to see no sacked cities, no desolated fields, no smok-
ing ruins, no streams of American blood shed by American arms !
I have been accused of ambition in presenting this measure. Am-
bition ! inordinate ambition ! If I had thought of myself only, I should
have never brough it forward. I know well the perils to which I
expose myself; the risk of alienating faithful and valued friends, with
but little prospect of making new ones, if any new ones could com-
pensate for the loss of those whom we have long tried and loved ;
and the honest misconceptions both of friends and foes. Ambition !
If I had listened to its soft and seducing whispers ; if I had yielded
myself to the dictates of a cold, calculating, and prudential policy, I
would have stood still and unmoved. I might even have silently
gazed on the raging storm, enjoyed its loudest thunders, and left those
who are charged with the care of the vessel of State, to conduct it as
they could. I have been heretofore often unjustly accused of ambi-
tion. Low, grovelling souls, who are utterly incapable of elevating
themselves to the higher and nobler duties of pure patriotism — beings
who, for ever keeping their own selfish aims in view, decide all pub-
lic measures by their presumed influence on their aggrandizement,
judge me by the venal rule which they prescribe to th<imselves. I
have given to the winds those false accusations, as I consign that
which now impeaches my motives. I have no desire for office, not
•fen the highest. The most exalted is but a prison, in which the
in WMCHM OF HKirmr OLAT.
0
i
oieareerated incDinbent daily receives his cold, heartless yisitants,
marks his weary hours, and is cut off from the practical enjoyment of
■11 the hlesaings of genuine freedom. I am no candidate for any of-
fice in the gift of the people of these States, united or separated ; I
never wish, never expect to he. Pass this hill, tranquilize the coim-
try, restore confidence and affection in the Union, and I am willing to
go home to Ashland, and renounce public service forever. I should
there find, in its groves, under its shades, on its lawns, amidst my
flocks and herds, in the bosom of my family, sincerity and truth,
attachment and fidelity, and gratitude, which I have not always
found in the walks of public life Yes, I have ambition, but it is
the ambition of being the humble instrument, in the hands of Provi-
dence, to reconcile a divided people, once more to revive concord
and harmony in a distracted land — the pleasing ambition of contem-
plating the glorious spectacle of a free, united, prosperous, and
fraternal pe^v^U^ '
ON THE REMOVAL OF THE DEPOSITES.
Ill THE Sbnatb of the Uhited Stateb, Decbkbeii 26y 1833.
(Hie war of General Jacxiok upon the United States Bank haTin^ been proe»
Aited so far as to secure the ultimate downfall of the institution— a renewal of its
charter having been prevented by the Executive Veto — the House of Representa-
tives, in the spring of 18S3, resolveil that th^ Deposites of the Public Monejrs in the
United States Bank were safe, and (impliedly) that they ought to be continued. In
the face of this, General JACstoir, on the 18th of September, read a paper to his
Cabinet, avowing his determination to procure the Removal of the Deposites. On
the 24lh he removed Mr. Buanb from the office of Secretary of the Treasory, and
appointed Roocn B. Tamw (before Attorney General) in his stead. Mr. Tahxv
immediately removed the Deposites. Upon the assemblinf of Gongiess the follow-
ing December, the propriety of this important and novel step came natundly imdar
dbcussion. Mr. Clat submitted the following resolutions :
Rnohftd, That by dlnnissin^ the late Secretary of the Treasory beeanse he wonld
■ot. contrary to his sense of his ovm duty, remove the money of the United States
in opposite with the Bank of the United States and its branches, in conformity with
the President's opinion: and by appointing his successor to effect such removal,
which has been acne, the President has assumed the exercise of a power over the
Treasury of the United States not granted to him by the constitution and lavrs, and
dangerous to the liberties of the people.
Radvtil, That the reasons ansigned by the Secretarr of the Treasunr for the re-
moval of the money of the United States, deposited in the Bank of the United States
and its branches, communicated to Congress on the 3d of December, 1883, are
■■nsirirfartory ana insufficient.]
We are in the midst of a revolation, hitherto bloodless, but rajHdly
tending towards a total change of the pure republican character of the
^Tenunenty and to the concentration of all power in the hands of one
man. The powers of Congress are paralyzed, except when exerted
in oonfonbity with his will, by frequent and an extraordinory exer^
eise of the executive reto, not anticipated by the founders of our con-
•titutiony and not practised by any of the predecessors of the present
tfhief magistimte. And, to cramp them still more, a new expedieal
is springing into use, of withholding altogether bills which haye to»
eeived the sanction ai both Houses of Congress^ thereby euttii^ eff
178 •PncHBt or hkhbt clat.
aO opportunity of passing them, even if, after their return, the mem-
bers should be unanimous in their favor. The constitutional parti-
cipation of the Senate in the appointing power is virtually abolished
by the constant use of the power of removal from office, without any
known cause, and by the appointment of the same individual to the
same office, afler his rejection by the Senate. How often have we,
Senators, felt that the check of the Senate, instead of being, as the
constitution intended, a salutary control, was an idle ceremony ? How
often, when acting on the case of the nominated successor, have we
felt the injustice of the removal ? How often have we said to each
other, well, what can we do ; the office cannot remain vacant, with-
out prejudice to the public interest, and, if we reject the propofed
aobstitute, we cannot restore the displaced, and, perhaps, some more
unworthy man may be nominated ?
The judiciary has not been exempt from the prevailing rage for
innovation. Decisions of the tribunals, deliberately pronounced,
have been contemptuously disregarded. And the sanctity of nu-
merous treaties openly violated. Our Indian relations, coeval with
the existence of the government, and recognised and established by
numerous laws and treaties, have been subverted, the rights of the
nelpless and unfortunate aborigines trampled in the dust, and they
brought under subjection to unknown laws, in which they have no
voice, promulgated in an unknown language. The most extensive
and most valuable public domain that ever fell to the lot of one na-
tion, is threatened with a total sacrifice. The general currency of
the country — the life-blood of all its business — is in the most inuni-
nent dangei^of universal disorder and confusion. The power of inter-
nal improvement lies crushed beneath the veto. The system of pro-
tection of American industry was snatched from impending destruc-
tion, at the last session ; but we are now coolly told by the Secretary
of the Treasury, without a blush, '^ that it is understood to be con-
ctded on all hands ^ that the tariff for protection merely is to be finally
abandoned." By the 36 of March, 1837, if the progress of innova-
tion continues, there will be scarcely a vestige remaining of the goT-
eroment and its policy, as they existed prior to the 3d of March,
1829. In a term of eight years, a little more than equal to thll
which was required to establish our liberties, the government will
have been transformed into an elective monarchy — the worst of all
ftraa of government.
Oir TBI BXMOTAL OF THX DBPOSITn. 171
Sach is a melancholy but &itbful picture of the present condition
of oar public affiiirs. It is not sketched or exhibited to excite, here
or elsewhere, irntaled feeling. 1 have no such purpose. 1 would,
on the contrary, implore the Senate and the people to discard all pas*
sion and prejudice, and to look calmly, but resolutely j upon the ac-
tual state of the constitution and the country. Although I bring into
the Senate the udme unabated spirit, and the same firm determination
which have ever guided me in the support of civil liberty, and the
defence of our constitution, I contemplate the prospect before us with
feelings of deep humiliation and profound mortification.
It is not among the least unfortunate symptoms of the times, that
a large portion of the good and enlightened men of the Union,
of all parties, are yielding to sentiments of despondency. There is,
unhappily, a feeling of distrust and insecurity pervading the commu-
nity. Many of our best citizens entertain serious apprehensions that
our Union and our ^institutions are destined to a speedy overthrow.
Sir, I trust that the hopes and confidence of the country will revive.
There is much occasion for manly independence and patriotic ▼igOTi
but none for despair. Thank God, we are yet free ; and, if we pat
on the chains which are forging for us, it will be because wedeserre
to wear them. We should never despair of the republic. If our
ancestors had been capable of surrendering themselves to such igno-
ble sentimens, our independence and our liberties would never have
been achieved. The winter of 1776-7 was one of the gloomiest pe-
riods of the revolution ; but on this day^ fifly-seven years ago, the
&ther of his country achieved a glorious victory, which diffused joy
and gladness and animation throughout the States. Let us cherish
the hope that, since he has gone from among us, Providence, in the
dispensation of his mercies, has near at hand in reserve for us, though
jet unseen by us, some sure and happy deliverence from all impend-
ing dangers.
.When we assembled here last year, we were full of dreadful fore-
bodings. On the one hand we were menaced with a civil war, which,
lighting up in a single State, might spread its flames throughout one
of the largest sections of the Union. On the other, a cherished sys-
tem of policy, essential to the successful prosecution of the industry
of our countrymeu, was exposed to imminent danger of immediali
destruction. Meaiw werehsiipljippUadby C!oiigi«M
IW traiciiii or HxirBT clat.
i
etlainities. The country reconciled, and our Union once more be-
oftine a band of friends and brothers. And I shall be greatly disap-
pointed, if we do not find those who were denounced as being un*
firiendly to the continuance of our confederacy, among the foremost to
fly to its preservation, and to resist all executive encroachment.
Mr. President, when Congress adjourned, at the termination of
the last session, there was one remnant x>f its powers, that over the
purse, left untouched. The two most important powers of civil gor^
ernment are, those of the swoid and the purse. The first, with soma
restriction, is confided by the constitution to the executive, and the
last to the legislative department. If they are separate, and exer-
cised by different responsible departments, civil liberty is safe ; but
if they are united in the hands of the same individual, it is gone.
That clear-sighted and sagacious revolutionary orator and patriot,
(Patrick Henry) justly said, in the Virginia Convention, in reply to
one of his opponents :
t€
Let bim candidly tell me where aod when did freedom eziM, when the
Snd parse were ^ven up from the people 1 Unlen a mirdcle in human atTairs in*
ferposed, no nation ever retained its liberty after the lose of the eword and the puise.
Can you prove by any argumentative deduction, that it is possihlie to be' safe wtlkoat
•ne of them 1 IT you give them up you are gone."
Up to the period of the termination of the last session of Congress
the exclusive constitutional power of Congress over the Treasury of
the United States bad never been contested.* Among its earliest acts
was one to establish the treasury department, which provided for the
appointment of a treasurer, who was required to give bond and secu-
rity in a very large amount, *^ to receive and keep the moneys of the
United States, and to disburse the same upon warrants drawn by thfc
Secretary of the Treasury, countersigned by the Comptroller, record-
ed by the Register, and not othermsey Prior to the establishment
of the present Bank of the United States, no treasury or place had
been provided and designated by law for the safe-keeping of the ptib-
lie moneys, but the treasurer was left to his own discretion and re*
sponsibility. When the existing Bank was established, it was pro-
vided that the public moneys should be deposited with it, and cOnad*
quently that Bank became the Treasury of the United States. For
whatever place is designate by law for the keeping of the poblkl
Mooqr oC the Uoited Slates, mder the eare of the treasurer of tfw
oil THC BKKOtAL OT TOIL DIP08ITBS. 181
(Jiiited States, is for the time being the treasttry. Its safety was
drawn in question by the chief magistrate, and an agent was ap-
pointed a little more than a year ago, to investigate its ability. He
reported to the executive that it was perfectly safe. His apprehen
sions of its solidity were communicated by the President to Congresfi
and a committee was appointed to examine the subject. They, also,
reported in favor of its security. And, finally, amon^ the last acts
of the House of Representatives, prior to the close of the last session,
was the adoption of a resolution, manifesting its entire confidence in
the ability and solidity of the bank. ^
Afler all these testimonies to the perfect safety of the public
moneys, in the place appointe^d by Congress, who could have sup-
posed that the place would have been changed ? Who could have
imagined that, within sixty days of the meeting of Congress, and, as
it were, in utter contempt of its authority, the change should have
been ordered ? Who would have dreamed that the treasurer should
have thrown away the single key to the treasury, over which Con-
gress held ample control, and accepted in lieu of it some dozens of
keys, over which neither Congress nor he has any adequate control ?
Tet, sir, all this has been done, and it is now our solemn duty to
inquire — 1st, By whose authority it has been ordered ? and 2d,
Whether the order has been given in conformity with the constitution
md laws of the United States }
I agree, sir, and I am happy whenever I can agree with the Presi-
dent, as to the immense importance of these quctitions. He says, in
a paper which I hold in my hand, that he looks upon the pending
question as involving higher considerations than the " mere transfer
of a smn of money from one bank to another. Its decision may afTect
the character of our government for ac<*s to come." And, with him,
I view it as of transcendent imj)ortance both in its consequences and
the great principles which the question involves. In the view which
I have taken of this subject, 1 hold the bank as nothing, as perfectly
insignificant, faithful as it has been in the performance of all its duties,
efficient as it has proved in regulating the currency, than which there
is none in all Christendom so sound, and deep as is the interest of the
country in the establishment and continuance of a sound currency,
md the avoidance of all those evils which result from a defective or
VMetUed oorrency. All these I regard as questions of no importance,
•M
182 SPEECHES or HENRT CLAT.
in comparison with the principles involved in this executive innova-
tion. It involves the assumption of power by the executive, and the
taking away a power from Congress which it was never before doubted
to possess — the power over the public purse. Entertaining these
views, I shall not, to-day, at least, examine the reasons assigned by
the President, or by the Secretary of the Treasury ; for if the Prc^
dent had no power to perform the act, no reasons, however cogent or
strong, which he can assign as urging him to the accomplishment of
his purpose, no reasons can sanctify an unconstitutional and illegal act
The first question, sir, which I intimated it to be my purpose to
examine, was, by whose direction was this change of the depoaites
made?
Now, sir, is there any man who hears me, who requires proof on
this point ? Is there an intelligent man in the whole country who
does not know who it was that decided on the removal of the da*
posites ? Is it not of universal notoriety ? Does any man doubt that
it was the act of the President ? That it was done by his authority
and at his command ? The President, on this subject, has bin. self
furnished evidence which is perfectly conclusive, in the paper which
he has read to his cabinet ; for, although he has denied to the Senate
an official copy of that paper, it is universally admitted that he has
given it to the world as containing the reasons which influenced him
to this act. As a part of the people, if not in our senatorial character,
we have a right to avail ourselves of that paper, and of all which it
contains. Is it not peifectly conclusive as to the authority by which
the deposites have been removed ? I admit that it is an unprece*
dented and most extraordinary paper. The constitution of the United
States admits of a call, from the chief magistrate, on the heads of
departments, for their opinions in writing.
It appears, indeed, that this power which the constitution confers
on the President, had been exercised, and that the cabinet were divi-
ded, two and two, and one, who was ready to go on either side, being
a little indifferent how this great constitutional power was settled by
the President. The President was not satisfied with calling on hi»
cabinet for their opinions, in the customary and constitutional form ;
bat he prepares a paper of his own, and, instead of receiving reasons
ftoQi them« reads to them, and thus indoctrinates them according to
K
OH THS SBMOTAL OT THB DfiFOSITBS. 188
Mb own views. Thb, airy is the first time in the history of our conn-
try, when a paper has been thus read, and thus published. The pro-
ceeding is entirely without precedent. Those who now exercise
power consider all precedents wrong. They hold precedents in con*
tempt : and, casting them aside, have commenced a new era in ad-
ministration. But while they thus hold all precedents in contempt,
disregarding all, no matter how long established, no matter to what
departments of the government they may have given sanction, they
are always disposed to shield themselves behind a precedent, when-
ever they can find one to subserve their purpose.
But the question is^-who gave the order for the removal of the
deposites ? By whose act were they removed from the Bank of the
United States, where they were required by the law to be placed,
and placed in banks which the law never designated ? I tell the gen-
tlemen who are opposed to me, that I am not to be answered by the
exhibition of an order signed by R. Taney, or any one else. I want
to know, not the deik who makes the writing, but the individual who
dictates — not the hangman who executes the culprit, but the tribunal
which orders the execution. I want the original authority, that I
may know by whose order, on whose authority the public deposites
were removed, and I again ask — is there a member of this Senate, is
there an intelligent man in the whole country, who doubts on this
point ? Hear what the President himself says, in his manifesto, read
to his Cabinet :
** The President deemB it HIS duty, to commniacate in this manner to his eabi-
net tfcc JhuU condntumB or tns oWs mutd, and the reasons on which they are fonnd-
^d," Ace.
At the conclusion of this paper what does he say ?
" TTie President af^ain repeats that he begs his cabinet to consider the proposied
measaic as ms owv, in the auigport of which be shall require no one of them to make
a sacriftce of opinion or principle. Its wBBPoiriniiLrrT hai becii isiumcD, after the
moat mature reflection, as necessary to preserve the morals of ihe peowe, the free-
dom of the press, and the purity of the elective franchise, without which all wiU
vnite in sayias mat the blood and treasure expended by our (brefathers in the eataiK
lishment of our happy system of govenunent will have beei vain and fruitlesa. Un-
der these oonvietions, he feels that a measure so important to the Amencan peool^
eaanot be oommeneed too sooii ; and HE titertfore iwfn« the fnt day of Ortobtr
mat as a period proper for the change of the deposites, or sooner, provided the neces-
sary airangemeats with ths State Banks can be made.'*
Sir, is there a Senator here who will tell me that this removal was
not made l){^ fite Preaident ? I know, indeed, that there are in this
184 BPEBCHBS or HKNBT CLAT-
docatnent many of those most mild, most gracious, most coodeBcend-
ing expressions, with which power well knows how to clothe its man-
dates. The President coaxes, he soothes the Secretary in the most
bland and conciliating language :
'* In the remarks he has made on this all important question, he trmtM dis Seere-
tary of the Treastiry will see only the frank uiid respectful declarations of the opin-
tons which the iVeiiidriii has formed on a m'^nsure of great nstiona! interest, deei4y
aiTecting the eh inicter an 1 useiulii^83of his uiiministration ; and not a tpkii cf dic-
tation, which th^ President woull be (i»carffi4 to avoid, aa ready to resist. Happi
will he be, if iii<.' laets now di»cloB«?d produce unifoimity of opinion and unity of
action among the mtmhcru of the admmistrution."
Sir, how kind ! how gentle ! How very gracior.s must this have
sounded in the gratified ear of the Secretary of the Treasury ! Sir, it
reminds me of an historical anecdote related of one of the most re-
markable characters which our species has ever produced. While
Oliver Cromwell was contending for the mastery of Great Britain, or
Ireland, (I do not now remember which,) he besieged a certain Catho-
lic town. The place made a stout resistance ; but at length the town
being- likely to be taken, the poor Catholics proposed terms of capitu-
lation, stipulating therein for the toleration of their religion. The
paper containing the terms was brought to Oliver, who, putting on
his spectacles to read it, cried out, " Oh, granted, granted ; certain-
ly"— he, however, added — " but if one of them shall dare to be found
attending mass, he shall be hanged" — (under what section is not men-
tioned ; whether under a second, or any other section, of any particu-
lar law, we arc not told.)
Thus, sir, the Secretary was told by the President that he had not
the slightest wish to dictate — oh, no : nothing is farther from the Presi-
dent's intention : but, sir, what was he told in the sequel ? "If you
do not comply with my wishes — if you do not effect the removal of
these deposites within the period 1 assign you, you must quit your
office." And what, sir, was the effect .? This document bears date
on the 18th of September. In the official paper, published at the seat
of government, and through which it is understood that the govern-
ment makes known its wishes and purposes to the people of the
United States, we were told, under date of the 20th September, 1833,
two days only after this cabinet paper was read, as follows :
" Wc are aMthorized to ^ntc^'^Uuthonztd ; this is the word which gave credit
to this aoM inc.aiiofi]--" We »re authoriz'^d to state that the deposites of the pqhUc
money will be changed from the Bank of the United States to Che SCate BiiuA, aa
ON THB BXMOTAL OV THB DBPOSITES. 185
■ooD u neeeflnry anan^pments can be made for that purpose, and that it is believed
they can be completed in Baltimore, Philadelphia, New York and Boston, in time
Co make the change 6y thejirti of October, and perkapt sooner, i( circumstances should
render an earlier action necessary on the part of the government." *
Tes, sir, od the 18th of September this measuni was decided on ;
and on the 20th, it is announced to the people, (hat the depositet
would be removed by the first of October, or sooner, if practicable !
Mr. Duane was continued in office till the 23d, on which day he was
dismissed : and between the 23d and the d^th, on which latter day
the mere clerical act of signing the order for removal was performed,
Mr. Taney, by whom it was done, was appointed Secretary of the
Treasury, having conformed to the will of the President, against his
own duty, which Mr. Duane would not do. Yes, sir, on the 20th
went forth this proclamation, by authority, of the removal of the
deposites, although Mr. Duane remained in office till the 2dd. On
this point we have conclusive proof in a letter of the President to that
gentleman, dated on the 2dd, which letter, after all the gracious,
firiendly and conciliating lai^age of the cabinet paper, concludes in
these terms :
** I fee! constrained to notify tou, that yow fdrtber services as Seeretaiy of tbe
Treasury are no longer required."
Such, Mr. President, is the testimony on the one side to prove the
troth of the proposition, that the removal of the deposites firom the
Bank of the United States was a measure determined on by the Pre-
sident himself— determined on while the latter Secretary of the Trea^
sury was still in ofiice, and against the will of the Secretary ; although
Mr. Taney may have put his signature to the order on the 26th — a
mere ministerial act, done in conformity with the previous decision
of the President, that the removal should take place on or before the
fint of October.
I now call the attention (^ the Senate to testimony of the other
party : I mean Mr. Duane. After giving a history of the circum-
stances which accompanied his appointment to office, and what pass-
ed antecedent to his removal, he proceeds to say :
" Thus was I thrust into office— thus was I dirutt from office—not because I had
neglected any duty— not because I had differed with him about the Bank of the
United States— but because I relhsed, without further inquiry by Congrees, to remove
the depontes.**
' OiBlefltinioBybeiiiorevdiBplatetoeftabliahthepropofite^
186 8PIECBB8 OF RXNRT CLAT.
.adyanced? And is it possible, after the testimony of the President
on one side, and of his Secretary on the other, that the former had
decided that the deposites should be removed, and had removed the
Secretary because he would not do it, that any man can doubt that
.the removal was the President's own act? that it was done in ac-
cordance with his command ?
And now, sir, havii^ seen that the removal was made by the com-
mand and authority of the 'President, I shall proceed to inquire
whether it was done in conformity with the constitution and laws of
of the United Stotes.
I do not purpose at this time to go into the reasons alleged by the
President or his Secretary^ except so &r as those reasons contain an
attempt to show that he possessed the requisite authority. Because
if the President of the United States had no power to do this thing —
if the constitution and laws instead of authorizing it, required him to
keep his hands off the treasury, it is useless to inquire into any reasons
he may give for exercising a power which he did not possess. Sir,
what power has the President of the United States over the treasury !
Is it in the charter establishing the Bank ? The clause of the char-
ter relating to the public deposites declares,
" That the deposites of the money of the United States, in places in which the
Bank and branches thereof may be established, shall be made in said bank ,or
branches thereof, unless the Secretary of the treasury shall at any time otherwise
order and direct ; in which case the Secretary of the Treasury snail immediately
lav bol'ore Congress, if in session, and if not, immediately after the commencemeul
ef the next session, the reasons of such order or direction.**
This is in strict consonance with the act creating the treasury de-
partment in 1789. The Secretary of the Treasury is by that act
constituted the agent of Congress ; he is required to report to Con-
gress annually the state of the finances, and his plans respecting them ;
and if Congress in either of its branches shall require it, he is to re-
port at any time on any particular branch of the fiscal concerns of
the country. He is the agent of Congress to watch over the safety
of the national deposites ; and if, from any peculiar circumstances,
the removal of them shall be required, he is to report the feet — to
whom ? to the President ? No, sir — ^he must report it to Congress,
together with his reasons therefor. By the charter of the Bank, the
President of the United States is clothed with two powers respecting
% and two onij« By oneof itsdauav ht it authoiiaed to nooiinate,
ON TRK ft£MOTAL OV THE DXP08ITES. 187
and by and with the consent of ther Senate, to appoint the goyern"
ment directors, and to remove them : by the other clause he is em-
powered to issue a scire facicu when he shall apprehend that the
charter of the institution has been violated. These, I say, are the
only powers given him by the charter, all others are denied to him,
and are given to others. The Bank is not bound to report the state
of its Bt&xrs to him, but to the Secretary of the Treasury ; and it is
thus to report whenever he shall call upon it for information ; but
when it becomes necessary to go farther, a committee of Congress is
authorized to examine the books of the Bank and look into the whole
state of its affairs, and to re[K)rt, not to the President, but to Congress
who appointed them. The President as I have said, is restricted to
the two powers of appointing directors, and issuing a scire faciat*
And has the President any power over the treasury by the consti-
tution ? None, sir — none. The constitution requires that no money
shall be drawn from the treasury except by appropriation, thus placing
it entirely under the control of Congress. But the President himself
says : '' upon him has been devolved, by the constitution, and the
lufifrages of the American people, the duty of superintending the ope-
ration of the executive departments of the government, and seeing
that the laws are faithfully executed. ^^ Sir, the President in another
part of this same paper, refers to the same suffrages of the American
people, as the source of some other and new powers over and above
those in the constitution, or at least as expressive of their approba-
tion of the exercise of them. Sir, I differ from the President on this
point ; and though it does not belong exactly in this place in the ar-
gument, I will add a remark or two on this idea. His re-election re-
siilted from his presumed merits generally, and the confidence and
attachment of the people ; and from the un worthiness of his compet-
itor ; nor was it intended thereby to express their approbation of all
the opinions he was known to hold. Sir, it cannot be believed that
the great State of Pennsylvania, for Instance, which has so justly been
denominated the key stone of our federal arch, in voting again and
again for the present Chief Magistrate, meant by that act to reverse
her own opinions on the subject of domestic industry. Sir, the truth
is, that the re-election of the President proves as little an approbation
by the people of all the opinions he may hold, even if he had ever
uQequi vocally expressed what those opinions were, (a thing which
he nefv^y so &r as my knowledge extends, has yet done) as it would
188 IPEKCHSS OF HSVBT CLAT.
prove that if the President had a carbuncle or the king's evil, they
meant by re-electing him, to approve of his carbuncle.
But the President says, that the duty '^ has been devolved upon
him," to remove the deposites, ^^ by the Constitution and the suffrages
of the American people." Sir, does he mean to say that these suf-
frages created of themselves a new source of power ? That he deri-
ved an authority from them which he did not hold as from any other
souQce } If he means that theif suffrages made him the President of
the United States, and that, as President, Jie may exercise every
power pertaining to that office under the constitution and the laws^
there is none who controvert it ; but then there could be no need
to add the suffrages to the constitution. But his language is, '^ the
suffrages of the American people and the constitution." Sir, I deny
it. There is not a syllable in the constitution which imposes any such
duty upon him. There is nothing of any such thing ; no color to the
idea. It is true, that by law, all the departments, with the exceptioB
of the treasury, are placed under the general care of the President.
He says this is done by the constitution. The laws, however, have
appointed but three executive departments ; and it is true that the
secretaries are often required by law to act in certain cases according
to the directions of the President. So far ^ it is admitted that they
have been, by the law, (not by the constitution,) placed under the
direction of the President. Yet, even as to the State departmenty
there are duties devolving upon the Secretary over which the Presi-
dent has no control ; and for the non-performance of which that ofB*
cer is responsible, not to the President, but to the legislative tribunals
or to the courts of justice. This is no new opinion. The supreme
court, in the case of Marbury and Madison, expressed it in the fol-
lowing terms :
'* By the constitution of the United States, the President is invested with certaia
important political powen,in the exercise of which, he is to use his own discretioB*
and is accountable only to his country in his political character, and to his own con-
science. To aid him in the performance of these duties, he i^i authorized to appoint
certain officer?, who act by his authority, and in conformity to his orders.
** In such cases, their acts are his acts ; and whatever opinion may be entertained
of the manner in which executive discretion may be used, still there exists, and can
exist, no power to control that discretion. The subjects are political. They respect
the nation, not individual rigbts^nd being entrupted (o the executive, the deciaioa
of the executive is conchisive. The application of this remark will be perceived hf
adverting to the act of Congress for establishing the department of foreign affkiit.
This officer, as his duties were prescribed by that act, is to conform precisely to the
will of the President. He is the mere organ by whom that will is communicated
The acts of such an officer, as an officer, can never be examined by the courts.
ON TBS KEMOTAL OP TUB DUPOSITtt. iM
" Bot when the legiiriatiire proceeds to imjKJse on that oiBeer other duties; when
he is directed peremptorily to perform certam actn, (that ia, when he is not placed
nnder the direction of the President,) when the rights of individuals are dependent
<m the performance o( those acts, he is so far the qficer of the law.; is amenable to
Ai laws for his conduct ; and cannot at his discretion sport away the vested rights of
•thprs.
** The conchision from this reasoning is, that where the heads of departments are
the poUtical or confidential agents of the eieoutive, merely to execute the will of
the President, or rather to act in cases in which the executive possesses a constitn*
tional Of le^al discretion^ nothing can be more perfectly clear than that their aeU
are only politically ezamiooble. But where a specific duty is assigned by law, and
individual rights depend upon the performance of that duty, it seems ecpiaHy clear
that the individual who considem nimself iojiued, has a right to resort to the lam
of his country for a remedy."
Though the Preoident is mistaken in his assertioni that the consti-
tution devolves upon the President the superintendence of the departs
ments, there is one clause of that instrument which he has very cor-
rectly quoted, and which makes it his duty to ^' see that the laws are
fiuthfully executed," as it is mine now to examine what authority he
obtains by this clause in the case before us. Under it, the most enor-
mous pretensions have been set up for the President.
It has been contended, that if a law shall pass which the President
does not conceive to be in conftmnity with the constitution, he is not
bound to execute it : and if a treaty shall have been made, which, in
hb opinion has been unconstitutional in its stipulations, he is not
bound to enforce them. And it necessarily follows, that, if the courts
of justice shall give a decision, which he shall in like manner deem
Rifiiognant to the constitution, he is not expected or bound to execute
that law. Sir, let us look a little into this principle, and trace it oat
inlo some of its consequences.
One of the most unportant acts performed at the departments is, to
settle those yery large accounts which individuals have with the
go>Teniment ; accounts amounting to millions of dollars ; to settle
them, an auditor and a comptroller have been appointed by law,
whose official acts may afiect, to the extent of hundreds of thousands
of dollars, the property of individual contractors. If the pretensions
of the President are well founded, his power goes further than he
has exerted it. He may go into the office of the auditor, of the office
of the comptroller, and may say to him. Sir, Mr. A. B. has an account
under settlement in this office, one item of which objected to by you,
I consider to be in accordance with the constitution ; pass that ac-
count and send it to the auditor : and he may then go to the auditor
1(K) tPESCHBS OF HENRT OLAY*
and hold similar language. If the clause of the constitution is to be
expounded, as is contended for, it amounts to a complete absorption
of all the powers of government in the person of the executive. Sir,
when a doctrine like this shall be admitted as orthodox, when it shall
be acquiesced in by the people of this country, our government will
have become a simple machine enough. The will of the President
will be the whole of it. There will be but one bed, and that will be
the bed of Procrustes ; but one will, the will of the President. All
the departments, and all subordinate functionaries of government,
great or small, must submit to that will ; and if they do not, then the
President will have failed to <^ see that the laws are fiuthfiilly execu-
ted."
Sir, such an extravagant and enormous pretension as this must be
set alongside of its exploded compeer, the pretension that Congrem
has the power of passing any and all laws which it may suppose
conducive to " th6 general welfare."
Let me, in a few words, present to the Senate what are my own
views as to the structure of this government. I hold that no pow-
ers can legitimately he exercised under it but such as are expressly
delegated, and those which are necessary to carry these into e£&ct.
Sir, the executive power as existing in this government, is not ta be
traced to the notions of Montesquieu, or of any other writer of that
class, in the abstract nature of the executive power. Neither is the
legislative nor the judicial power to be decided by any such refierenoe.
These several powers with us, whatever they may be elsewhere, are
just what the constitution has made them, and nothing more. And
as to the general clauses in which reference is made to either, they
are to be controlled and interpreted by those where these several
powers are specially delegated, otherwise the executive will become
a great vortex that mustend in swallowing up all the rest. Nor will
the judicial power be any longer restrained by the restraining clauses
in the constitution, which relate to its exercise. What then, it will
be asked, does this clause, that the President shall see that the laws
are faithfully executed, mean ? Sirs, it means nothing more nor less
tittn this, that if resistance is made to the laws, he shall take care
that resistance shall cease. Congress by the 1st article of the 8th
section of the constitution b required to provide for calling out the
militia to execute the laws, ia case of resistance. Sir, it might as
ON THK REMOYAL OF THE DEP08ITS8. 191
well be contended under that clause, tbat Congrem hare the power
)of determining what are, and what are not the laws of the land,
tyongress has the power of calling out the military ; well sir, what »
the President, by the constitution ? He is commander of the aimy
and navy of the United States, and of the militia when called out
into actual service- When, then, we are here told tbat he is clothed
with the whole physical power of the nation, and when we are af-
terwards told, that he must take care tbat the laws are faithfully ex-
ecuted, is it possible that any man can be so lost to the lovo of liber-
ty, as not to admit that this goes no farther than to remove any re-
.sistance which may be made to the execution of the laws? We
have established a system in which power has been carefully divided
among different departments of the government. And we have been
told a thousand times, that this division is indispensable as a safe-
guard to civil liberty. We have designated the departments, and
have established in each, officers to examine the power belonging to
each. The President, it is true, presides over the whole ; his eye
surveys the wh<^e extent of the system in all its movements. But
has he power to enter into the courts, for example, and tell them
what is to be done ? Or may he come here, and tell us the same ?
Or when we have made a law, can he withhold the power necessary
to its practical effect ? He moves, it is true, in a high, a glorious
aphere. It is his to watch over the whole with a paternal eye ; and,
when any one wheel of the vast machine is for a time interrupted
by the occurrence of invasion or rebellion, it is his care to propel its
movements, and to furnish it with the requisite means of performing
its appropriate duty in its own place.
That this is the true interpretation of the constitutional clause to
which I have alluded, is inferred from the total silence of all contem-
poraneous expositions of that instrument on the subject. I have my-
self (and when it was not in my power personally, have caused
others to aid me,) made researches into the numbers of the Federal-
ist ; the debates in the Virginia convention, and in the conventions
of other States, as well as all other sources of information to which I
could obtain access, and I have not, in a solitary instance, found the
slightest color for the claims set up in these most extraordinary times
for the President, that he has authority to afford or withhold at pleas-
ure the means of enforcing the laws, and to superintend and control
an. officer charged with a sp^fic duty, made by the law excluaively
Idd tPSECHES OF HEIVRT CLAY
his. But, sir, I liave found some authorities which strongly militate
against any such claim. If the doctrine be indeed true, then it is
moat evident that there is no longer any control over our affairs than
that exerted by the President. If it be true that when a duty is fay
law specifically assigned to a particular officer, the President may go
into his office and control him in the manner of performing it, then is
it most manifest that all barriers for the safety of the treasury are
gone. Sir, it is that union of the purse and the sword, in the band
of one man, which constitutes the best definition of tyranny which
our language can give.
The charter of the Bank of the United States requires that the
public deposites be made in its vaults. It also gives the Secretaiy
of the Treasury power to remove them — and why ? The Seci^etary
18 at the head of the finances of the government Weekly report are
made by the bank to him. He is to report to Congress annually ;
and to either House whenever he shall be called upon. He is the
sentinel of Congress — the agent of Congress — the representative of
Congress. Congress has prescribed and has defined his duties. He
is required to report to them, not to the President. He is put there
by us as our representative : he is required to remove the deposites
when they shall be in danger, and we not in session : but when he
does this, he is required to report to Congress the fact, with his rea-
sons for it. Now, sir, if, when an officer of government is thus spe-
cifically assigned his duty, if he is to report his official acts on his
responsibility to Congress, if in a case where no ppwer whatever is
given to the President, the President may go and say to that officer^
^* go and do as I bid you, or you shall be removed from office" — ^let
me ask whether the danger apprehended by that eloquent man has
not already been realized ?
But, sir, let me suppose that I am mistaken in my construction of
the constitation ; and let me suppose that the President has, as is con-
tended, power to see every particular law carried into efiect ; what,
then, was it his duty to do in the present case under the clause thus
interpreted ? The law authorized the Secretary of the Treasury to
remove the deposites on his responsibility to Congress. Now, if the
President has power to see this, like other laws, faithfully executed,
then surely the law exacted of him that he should see that the Sec-
retary was allowed to exercise his firee, unbiassed, oncontrolled ju4g
ON THE KEMOVAL OF THE DEF08ITES. 193
ment in remoyiDg or not removing them. That was the execution
of the law. Congress had not said that the iSecretary of War, or the
Secretary of State^ might remove the public deposites from the trea-
sury.
The President had no right to go to the Secretary of War and ask
him what the Secretary of the Treasury ought to do. He might as
well have consulted the Secretary of the Treasury about a contem-
plated movement of the army, as to ask the Secretary of War about
the disposition of the public moneys. It was not to the President,
and all his secretaries combined, that the power was given to alter
the disposition of the deposites in the bank. It was to the Secretaiy
alone, exclusive of the President and all the other officers of govern-
ment. And according to gentlemcn*s own showing, by their con-
struction of the clause, the Secretary ought to have been left to his
own unbiassed determination, uncontrolled by the President or any
body else.
I would thank the Secretary of the Senate to get me the sedition
law. It is not very certain how soon we may be called to act upon it.
Now, sir, let us trace some of the other sources of the exercise of
this power, or motives for it, or by whatever other name they are to
be called. He says to Mr. Duane :
^''The President repeats that he begs the cabinet to consider the propoeed meamirt
u his own, in the support of which he shall require no one of them to make a sac*
rifice of oi>inion or principle. It^ responsibility has been a^umed, after the moit
mature dofibi.'rafion and rellection, aa neces»iry to preserve the norals of the people,
tJie fteedum of the press, and the purity of the elective franchise.*'
The morals of the people ! What part of the constitution has given
to the President any power over " the morals of the people ?" None.
It does not give such power even over religion, the presiding and
genial influence over every true system of morals. No, sir, it gives
him no such power.
And what is the next step ? To*day he claims a power as neces-
sary to ther morals of the people ; to*marrow he will claim another,
MB Still more indispensable to our n lis;ion. And the President might
in thiii case as well have said that he went into the office of the Sec-
retory of the TVeasury, and controlled his free exercise of his authority
194 SPEECHES OF HENRY CLAY.
as Secretary, because it was necessary to preserve <^ the religion of
the people !" I ask for the authoiity. Will any onie of those gen-
tlemen here, who consider themselves as the vindicators of the execu-
tive, point me to any clause of the constitution which gives to the
present President of the United States any power to preserve " the
morals of the people ?"
But ^^ the freedom of the press," it seems, was another motive.
Sir, I am not surprised that the present Secretary of the Treasury
should £bel a desire to revive this power over the press. He, I think,
was a member of that party which passed the sedition law, under
precisely the same pretext. I recollect it was said, that this Bank,
this monster of tyranny, was taking into its pay a countless number
of papers, and by this means was destroying the fair fame of the Pre-'
sident and his Secretary, and all that sort of thing. Sir, it is some*
times useful to refer back to those old things — to the notions and the
motives which induced men in former times to do certain acts which
may not be altogether unlike some others in our own time.
The famous sedition act was passed, sir, in 1789 ; and it contained|
among others, the following provision :
" Sec. 2. That if any peieon shall write, print, utter or publish, or shall cause or
pracore to be written, printed, uttered or published, or shall, knowingly and wiU-
iBgly, assist or aid in writing, printing, utterfng or publishing, any fake, scandalous
and malicious, writing or wntings, agaimit the government of the United States or
either House of the Congress of the United States, or the President of the United
States, with intent to defame the said government, or either House of the said Con-
gren, or the said President, or to bring them, or either of them, into contempt or
diinnate ; or to excite Rgainst them, or either of them, the hatred of the good
people of the United States, or to stir up sedition within the United States; or to
excite any unlawful combinations therem, for oppoffing or resisting any law of the
United States, or any act of the President of the United States, done m pursuaneo
of any such law, or of the powers in him vested by the constitution of the United
States ; or to resist, oppose or defeat, any such law or act ; or to aid, encourage or
abet, any hostile designs of any foreign nation against the United States, their people,
or^vemment. then such person, being thereof convicted before any court of the
United States having jurisaiction thereof, shall be punished by a fine not exceeding
two thousand dollars, and by imprisonment not exceeding two years."
We have now, sir, in the reasons for the removal of the govern-
ment deposites, the same motives avowed and acted upon. The
abuse of the government, bringing it into disrepute, using contemptu-
ous language to persons high in authority, constituted the motivei
for passing the sedition law : and what have we now but a repetition
of the same complaints of abuses, disrespect, &c. As it is now, so il
was then : for, says the next section of the same sedition act :
ON TBI RSMOTAL Or TBS DBPOtlTSS. 195
" That if any penon shall bejproteeuted under this act for the writing or publuh-
tng any libel aforesaid, it shaU be lawful for the d(*fendant, upon the trial of the
cause, to give in evidence in his defence, the truth of the matter contained in the
publication charged as a libel. Aud the jnnr who shall try the cause, shall have a
right to determine the law and the fact, under the direction of the court, as in other
cases."
It is only for the sake of the trtUhj said they who £ayored the pas-
sage of that law — for the sake of justice ; as it is now said that it
was necessary to remove the deposites in order to preserve the purity
of the press. That's all, sir. But there is one part of this assump-
tion of power by the President much more tyrannical than that act.
Under that law, the offending party was to have a trial by jury ; the
benefit of witnesses and of counsel ; and the rig]^t to have the truth
of his alledged libels examined. But what is the case now under
consideration } Why, sir, the President takes the whole matter in
his own hands ; he is at once the judge, the jury, and the executioner
of the sentence, and utterly deprives the accused party of the oppor-
tunity of showing that the imputed libel is no libel at all, but founded
in the clearest truth.
But ^^ the purity of the elective franchise," also, the President has
very much at heart. And here, again, I ask what part of the consti-
tution gives him any power over that <^ franchise ?" Look, sir, at
the nature of the exercise of this power ! If it was really neces-
sary that steps should be taken to preserve the purity of the press or
the freedom of elections, what ought the President to have done ?
Taken the matter into his own hands } No, sir ; it was his duty to
recommend to Congress the passage of laws for the purpose, under
suitable sanctions ; laws which the courts of the United States could
execute. We could not have been worse off under such laws, (how-
ever exceptionable they might be,) than we are now. We could
then, sir, have reviewed the laws, and seen whether Congress or the
President had properly any power over this matter ; or whether the
article of the constitution which forbids that the press shall be touched,
and declares that religion shall be sacred from all the powers of legis-
lation, applied in the case or not. This the President has underta-
ken to do of himself, without the shadow of authority, either in the
constitution or the laws.
Suppose, sir, that this contumacious institution, which committed
the great sin, in 1829, of not appointing a new President to a certain
one of its branched — suppoge that the bank should go on and
196 8PEBCHIS OF HKHBT CLAT.
eate itself against the calamnies poured out upon it — ^that it should
continue to stand upon its defence, how inefficient will have been the
. exercise of power by the President ! How inadequate to the end he
had in view, of preserving the press firom being made use of to de-
fend the bank ! Why, sir, if we had had the power, and the Presi-
dent had come to us, we could have laid Mr. Nicholas Biddle by the
heels, if he should have undertaken to publish another report of gen-
eral Smith or Mr. Dufiio, or another speech of the eloquent gen-
tleman near mc, (Mr. Webster) or any other such Vihth^ tending to
bring the President or his administration into disrepute. But the
President of the United States, who thought he had the bank in his
power ; who thought he could stop it ; who was induced to believe,
by that " influence behind the throne, greater than itself," that he
could break down the bank at a word, has only shown his want of
power over the press by his attempt to exercise it in the manner he
has done. The bank has avowed and openly declared its purpose to
defend itself on all suitable occasions. And, what is still more pro-
voking, instead of being a bankrupt, as was expected, with its doors
closed, and its vaults inaccessible, it has now, it seems, got more
money than it knows what to do with ; and this greatest of misere
and hoarders cruelly refuses to let out a dollar of its ten millions of
specie to relieve the sufferings of the banks to which the government
deposites have been transferred.
Sir, the President of the United States had nothing to do with the
morals of the community. No, sir ; for the preservation of our mor-
als we are responsible to God, and I trust that that responsibility will
ever remain to Him and His mercy alone. Neither had the Presi-
dent anything to do with the freedom of the press. The power over
it is denied, even to Congress, by the people. It was said, by one of
those few able men and bright luminaries whom Providence has yet
•pared to us, in answer to complaints by a foreign minister, against
the freedom with which the American press treated certain French
functionaries, that the press was one of those concerns which admit-
ted of no regulation by the government ; that its abuses must be tol-
erated, lest its freedom should be abridged. Such, sir, is the freedom
of the press, as recognized by our coui^titution, and so it has been re^
•pected ever since the repeal of the obnoxious act which I have al-
ready quoted^ until the detestable principles of that law have been
ON TAB EBHOTAL QW THE DKPOSITEf . 197
reasserted by the President in his assumption of a power, in nowise
belonging to his office, of preserving the purity of the press.
Such, sir, are the powers on which the President relies to justify
his seizure of the Treasury of the United States. I have examined
them one by one ; and ihcy all fail, utterly fail, to bear out the act.
We are irresistibly brought to the conclusion, that the removal of the
public money from the Bank of the United States has been effected
by the displacement from the head of the treasury department «f one
who would not remove them, and putting in his stead another person
who would ; and, secondly, that the President has no co\or of au-
thority in the constitution or the laws for the act which he baa under*
taken to perform.
Let us now, for a few moments examine the consequences which
may ensue from the exercise of this enormous power. If the Preat-
dent has authority, in a case in which the law has assigned a speci-
fic duty exclusively to a designated officer, to control the exercile of
his discretion by that officer, be has a right to interfere in every other
case, and remove every one from office who hesitates to do his bid-
ding, against his judgment of his own duty. This, surely, is a logi-
cal deduction not to be resisted. Well, then, how stands the matter?
Recapitulating the provisions of the law prescribing how money
should be drawn from the treasury and the deduction above stated,
what is to prevent the President from going to the Comptroller and
if he will not countersign a warrant which he has found an accom-
modating Secretary to sign, turning him out for another ; then going
to the Register, and doing the same ; and then to the Treasurer,
and commanding him to pay over the money expressed in the war-
rant, or subject himself to expulsion.
•
Where is the security against such conduct on the part of the Pre-
sident ? Where the boundary to this tremendous authority which he
has undertaken to exercise ? Sir, every barrier around the treasury
is broken down. From the moment that the President said, << I make
this measure my own. I take upon myself the responsibility,"—
from that moment the public treasury might as well have been at the
Hermitage as at this place. Sir, the measure adopted by the Presi-
dent is without precedent — in our day at best. There is indeed, a
precedent <m leoord, bat you must go down to the Christian era tat
•N
m SPBECnn Of BSNBT CLAT.
ftk It will be recollected, by tbose wbo are conversant with ancietti
history, that after Pompey was compelled to retire to Brundasiuniiy
Csesar, who had been anxious to give him battle, returned to Rome,
^^ haying reduced Italy (says the historian) in sixty da}'s, (the exact
period sir, between the removal of the deposites, and the meeting of
Congress, without the usual allowance of three day's grace,) — with-
out bloodshed.'' The historian goes on '^ Finding the city in a more
settled condition than he expected, and many Senators there he ad-
dressed them in a mild and gracious manner — (as the President ad-
dressed his late Secretary of the Treasury,) and desired them to send
deputies to Pompey with an officer of honorable terms of peace. As
MetelluB, the Tribune apfiosed his taking money out of the pablie
treasury, and cited some laws against it — (such, sir, I suppose, «i I
have endeavored to cite on this occasion) — Coesar said, ^^Arms and
laws do not flourish together. If you are not pleased with what I am
about, you have only to withdraw — (leave the office, Mr. Duane I)
— War, indeed, will not tolerate much liberty of speech. When 1
say this, I am renouncing my own right ; for you find all those whom
I have found exciting a spirit of faction against me, are at my dispo-
sal." Haying said this, he approached the doors of the treasury,
and as the Keys were not produced, he sent for workmen to break
them open. Metellus again opposed him, and gained credit with
some for his firmness ; but Cceser with an elevated voice threatened
to put him to death, if he gave him any farther trouble. ^'And you
know very well, young man," said he, ^< that this is harder for me
to say than to do." Metellus, terrified by the measure, retired, and
Gesar was afterward, easily and readily supplied with every thing
necessary for the war.
And where now, sir, is the public treasury ? Who can tell ? It if
certainly without a local habitation, if it be not without a nn^ie.
And where is the 'money of the people of the United States ? Floats
ing about in treasury draughtoer t^liecks to the amount of millioDa,
fftaced in the hands )Df lettering banlcs, to enable them to pay'U^ir
own debts, instead of being appropriated to the service of the peoplel
/These checks are scattered. te the %ii^4^ the treasurer of the Ui^^
Wfllates, who ia required by law to let out money from the treaau^
«Mr, on wmanta signed 4^ the Secretary of the treaanry, countei
ON THE KEMOWAh OF TBS DHMMITBk 199
(Bfr. Clat here reforred to aconespondence, which he quoted, between the tre«-
wntr and the ofBcera of the bank, complaining of these checks drawn without pro-
per notice, &c., in which the treasarer sayi they were only issued to be used in cer-
tain contingencies, &c.]
Thus, sir, the people's money is put into a bank here, and the bank
there, in regard to the solvency of which we know nothing, and it is
placed there to be used in the event of certain contingencies— contin*-
gencies of which neither the Treasurer nor the Secretary have ye^
deigned to furnish us any account.
Where was the oath of office of the treasurer when he Tenture4
thus to sport with the people's money ? Where was the constitution,
which forbids money to be drawn from the treasury without appro-
priation by law ? Where was the treasurer's bond when he thus cast
about the people's money ? Sir, his bond is forfeited. I do not pre-
tend to any great knowledge of the law, but give me an intelligent
and unpacked jury, and I undertake to prove to him that he has for-
feited the penalty of his bond.
Mr. President, the people of the United States are indebted to tho
President for the boldness of this movement ; and as one among the
liumhlest of them, i profess my obligations to him. He has told the
Senate, in his message refusing an official copy of his cabinet paper,
that it has been published for the information of the people. As a
part of the people, the Senate, if not in their official character, hare
a right to its use. In that extraordinary paper he has proclaimed
that the measure is hi$ own ; and that he has taken upon himself the
responsibility o^it. In plain English, he has proclaimed an open^
palpable, and daring usurpation I
For more than fifteen years, Mr. President, I have been struggling
to avoid the present state of things. I thought I perceived in some
|Nrooaedings, daring the conduct of the Seminole war, a spirit of de-
fiance to the constitution and to all law. With what sincerity and
frath — with what earnestness and devotion to civil liberty, I have
tttniggled, the Searcher of ail human hearts best knows. With what
fMtnne, the bleeding constitution of my country now fatally attests.
I hare nevertheless, persevered ; and under every discouragement^
4«iBgth»riMft tiiM tli«» I apacrt tii-iMiHUt in tke pnblie couneilai
900 iPKECHn OP BBNRT CLAT.
I will peraeyere. And if a bountiful Providence would allow an un-
worthy sinner to approach the throne of grace, I would beseech him,
as the greatest favor he could grant to me here below, to spare me
until I live to behold the people rising in their majesty, with a peace-
ful and constitutional exercise of their power, to expel the Grotha
from Home ; to rescue the public treasury from pillage, to preserve
the constitution of the United States ; to uphold the Union agaimit
the danger of the concentration and consolidation of all power in the
hands of the executive ; and to sustain the liberties of the people of
this country against the imminent perils to which they now stand
exposed.
[Here Mr. Clat, who was onderstood to have ^one through the firrt put of hit
ipeech only, gave way, and Mr. Ewing of Ohio moved that the further cooaLden-
tion of the subject be postponed until Monday next ; which was ordered accordingly.
And then the Senate adjourned to that day. December 80, Mr. Cult resamed hk
■peech.]
Before I proceed to a consideration of the report of the Secretiij
of the Treasury, and the second resolution, I wish to anticipate and
answer an objection, which may be made to the adoption of the first
It may be urged that the Senate, being in a certain contingency, ft
court of impeachment ought not to pi^ejudge a question which iimaj
be called upon to decide judicially. But by the constitution the Se>
nate has three characters, legislative, executive, and judicial. Its
ordinary, and by far its most important character, is that of its being
a component part of the legislative department. Only three or fioiir
case^, since the establishment of the government, (that is, during a
period of near half a century,) have occurred, in which it was nece^^
sary that the Senate should act as a judicial tribunal, the least im*
portant of all its characters. Now it would be moat strange if, when
its constitutional powers were assailed, it could not assert and yiadi-
cate them, because, by possibility, it might be required to act as a
court of justice. The first resolution asserts only, that the Presidoil
has assumed the exercise of a power over the public treasury not
granted by the constitution and laws. It is silent as to motive ; and
without the quo animo — the deliberate purpose of usurpatioii-*-4hs
President would not be liable to impeachment. But if a coDcarifnei
of all the elements be necessary to make out a charge of wilful Yiola-
tion of the constitution, does any one believe that the President will
BOW be impeached ? And shall we silently sit by and see omndwm
ON THE BKMOTAL OV THB DIKMITEB. Ml
stripped of one of the most essential of our legislative powers, and the
exercise of it assumed by the president, to which it is not delegated,
without eiTort to maintain it, because, against all human probability
he may be hereafler impeached ?
The report of the Secretary of the Treasury, in the first paragraph,
commences with a misstatement of the fact. He says, ^* / haw direct'
ecT' that the deposites of the money of the United States shall not be
made in the Bank of the United States. If this assertion is regarded
in any other than a mere formal sense, it is not true. The Secretary
may have been the instrument, the clerk the automaton, in whose
name the order was issued ; but the measure was that of the Presi-
dent, by whose authority or command the order was given ; and of
this we have the highest and most authentic evidence. The Presi-
dent has told the world that the measure was his own, and that he
look it upon his own responsibility. And he has exonerated his cabi-
net from all responsibility about it. The Secretary ought to have
frankly disclosed all the circumstances of the case, and told the truth,
the whole truth, and nothing but the truth. If he had done so, he
would have informed Congress that the removal had been decided by
the President on the 18th of September last ; that it had been an-
nounced to the public on the 20th ; and that Mr. Duane remained in
office until the 23d. He would have informed Congress that this
important measure was decided before he entered into his new office,
and was the cause of his appointment. Yes, sir, the present Secretary
stood by, a witness to the struggle in the mind of his predecessor,
between his attachment to the President and his duty to the country ;
saw him dismissed from office, because he would not violate his con-
scientious obligations, and came into his place, to do what he could
not honorably, and would not perform. A son of one of the fa-
thers of democracy, by an administration professing to be democrat-
ic, was expelled from office, and his place supplied by a gentleman
who, throughout his whole career, has been uniformly opposed to de-
mocracy ! A gentleman who, at another epoch of the republic, when
it was threatened with civil war, and a di isolation of the Union,
voted, (although a resident of a slave State) in the legislature of
Maryland, against the admission of Missouri into the union with-
out a restriction incompatible with her rights as a member of the con-
federacy. Mr. Duane was dismissed because the solemn convictions
of his duty would not allow him to conform to the President's will ;
tOtt tPBKRBt or HEirmr olat.
becaoae his logic did not bring his mind to the same conclusion wMt
those of the logic of a venerable old gentleman, inhabiting a white
house not distant from the capital ; because his watch [Here Mr.
Clay held up his own,] did not keep time with that of the PreaideiiC
He was dismissed under that detestable system of proscription for
ppinion's sake, which has finally dared to intrude itself inU> the hilb
of Congress — a system under which three unoffending clerks, the &-
Ihers of families, the husbands of wives, dependent on them for sop-
port, without the slightest imputation of delinquency, have been re-^
cently unceremoniously discharged, and driven out to beggary, by a
man, himself the substitute of a meritorious officer, who has not beea
in this city a period equal to one monthly revolution of the moon I
1 tell our Secretary, (said Mr. Clay, raising his voice,) that, if he
touch a single hair of the head of any one of the clerks of the Se-
nate, (I am sure he is not disposed to do it,) on account of his opiiH
ions, political or religious, if no other member of the Senate doei it,
1 will instantly submit a resolution for his own dismission.
The Secretary ought to have communicated all these things ; he
oc^ht to have stated that the cabinet was divided two and two, and
one of the members equally divided with himself on the question^
willing to be put into cither scale. He ought to have given a foil
account of this, the most important act of executive authority since
the origin of the government ; he should have stated with what
unsullied honor his predecessor retired from office, and on what de-
grading conditions he accepted his vacant place. When a moment-
ous proceeding like this, varying the constitutional distribution of
the powers of the legislative and executive departments, was resolved
on ; the ministers against whose advice it was determined, shoold
have resigned their stations. No ministers of any monarch in En-
rope, under similar circumstances, would have retained the seals of
office. And if, as nobody doubts, there is a cabal behind the curtain,
without character and without responsibility, feeding the passions,
• The foUowiDg 18 the proceeding to which Mr. Olat referred :
Resolved, by the General Assembly of Maryland, That the Senators and ]tq>r»-
sentatives from this State in Congrera, be requested to use their utmost endeavors ia
the admiasion of the State of Missouri into the Union, to prevent the prohibition of
davery from being required of that State as a condition of its admisaion."
It passed, January, 1S20, in the affirmative. Among the names of thoae in tka
■Qgative, it that of Mr. Tiney.
<MI TQ9,Bm^V4L OV THE DSTOtlTBt. 908
symnlatiiig the prejudicei^ftDd moukUi^ the actions of the iocmnbeBt
of the presidential office, it was an additional reason for their retig-
BStions. There is not a Maitre d'hotel in Christendom, who, if the
scullions were put into command in the parlor and dining room^
would not scorn to hold his place, and fling it up in disgust with in^
dignant pride !
I shall examine the rejxirt before us, Srst, As to the power of the
Secretary over the deposites ; second, His reasons for the exercise
of it ; and third, The ofianner of its exercise.
. I* The Secretary asserts that the power of removal is exclu$welff
reserved to him ; that it is absoiuie and uncandiiianai^Bo far as the
interests of the Bank are concerned ; that it is not restri^lfid to any
particular contingencies ; that the reservation of the power to the
Secretary of the Treasury exclusively, is a part of the compact ; that
he may exercise it, if the public convenience or interest would in any
degree be promoted ; that this exclusive power, thus reserved, is so
absolute, that the Secretary is not restrained by the considerations
that the public deposites in the Bank are perfectly safe ; that* the
Bank promptly meets all demands upon it ; and that it faithfully per-
tbrms all its duties ; and that the power of Congress, on the contrary,
is so totally excluded, that it could not, without a breach of the com*
pact, order the deposites to be changed, even if Congress were satis-
fied that they were not safe, or should be convinced that the interests
of the people of the United States imperiously demanded the re-
moval.
Such is the statement which this unassuming Secretary makes of
his own authority. He expands his own power to the most extrava-
gant dimensions ; and he undertakes to circumscribe that of Congress
in the narrowest and most restricted limits ! Who would have expect-
ed that, after having so confidently maintained for himself such abso-
lute, exclusive, unqualified and uncontrollable power, he would have
let in any body else to share with him its exercise ? Yet he says,
^^ as the Secretary of the treasury presides over one of the executive
departments of the government, and his power over this subject forms
a part of the executive duties of his office, the manner in which it is
«xerci.<ted must be subject to the supervision of the officer, "(meaning
die Pxesidenti whose official name his modesty would not allow him
904 ' tFUOHtf OF HIHRT CLAT.
tO'proDoance) <^ to whom the eonstitation has confided the whole ex-
ecutive power, and has required to take care that the laws be fitith-
fblly executed.'* If the clause in the compact exclusively vests the
power of removal in the Secretary of the treasury, what has the Pre-
sident to do with it ? What part of the charter conveys to him anj
power ? If, as the Secretary contends, the clause of removal, bein^^
part of the compact, restricts its exercise to the Secretary, to the en-
tire exclusion of Congress, how does it embrace the President ? espe-
cially since both the President and Secretary conceive that "the
power over the place of deposite for the public money, would seem
properly to belong to the legislative department of the government ?•*
If the Secretary be correct in asserting that ihe power of removal is
confined to the Secretary of the treasury, then Mr. Doane, while in
office, possessed it ; and his dismission, because he would not exer-
cise a power which belonged to him exclusively, was itself a violm-
tioD of the charter.
But by what authority does the Secretary assert that the treasury
department is oneof the executive departments of the government ? He
has none in the act which creates the department ; he has none in the
constitution. The treasury department is placed by law on a difierent
footing from all the other departments, which are, in the acts creating'
them, denominated executive, and placed under the direction of the
President. The treasury department, on the contrary, is organized
on totally different principles. Except the appointment of the officers,
with the co-operation of the Senate, and the power which is exer-
cised of removing them, the President has neither by the constitution
nor the law creating the department, anything to do with it. The
Secretary's reports and responsibility are directly to Congress. The
whole scheme of the department is one of checks, each officer acting
as a control upon his associates. The Secretary is required by the
Uw to report, not to the President, but directly to Congress. Either
House may require any report from him, or command his personal
attendance before it. It is not, therefore, true that the treasury is one
of the executive departments, subject to the supervision of the Presi-
dent. And the inference dravm firom that erroneous assumption en*
tirely fails. The Secretary appears to have no precise ideas either
of the constitution or duties of the department over which he pre-
sides. He says :
ON THX RBMOTAL OP THE DIFOSITEf . SOfl
" The trrasary depurtmeot being iotniated with the idministmtion of the finanoei
of the country, it was always the duty of the Seartary, in the absence of any legift-
hxvwt provision on the ftabject. to take care that the public money was depoaitea m
aafe keeping, in the hands of faithful agents,'* &c.
The premises of the Secretary are only partially correct, and the
conclusion is directly repugnant to law*. It never was the duty of the
Secretary to take care that the public money was deposited in safe
keeping, in the hands of faithful agents, &c. That duty is expressly,
by the act organizing the department, assigned to the Treasurer of the
United States, who is placed under oath, and under bond, with a
large penalty, not to issue a dollar out of the public treasury, but in
virtue of warrants granted in pursuance of acts of appropriation, ^' and
not otherwise." When the Secretary treats of the power of the Pre^r
ident, he puts on corsets and prostrates himself before the executive,
in the most graceful, courteous and lady-like form ; but when ho
treats of that of Congress, and of the treasurer, he swells and expands
himself, and flirts about, with all the airs of high authority.
But I cannot assent to the Secretary's interpretation of his power
of removal, contained in the charter. Congress has not given up ita
control over the treasury, or the public deposites, to either the Sec-
retary or the Executive. Congress could not have done so without
a treacherous renunciation of its constitutional powers, and a faithless
abandonment of its duties. And now let us see what is the true state
of the matter. Congress has reserved to itself, exclusively, the right
to judge of the reasons for removal of the deposites, by requiring the
report of them to be made to it ; and, consequently, the power to
ratify or invalidate the act. The Secretary of the Treasury is the
fiscal sentinel of Congress, to whom the bank makes weekly reports,
and who is presumed constantly to be well acquainted with its actual
condition. He may, consequently, discover the urgent necessity of
prompt action, to save the public treasure, before it is known to Con-
gress, and when it is not in session. But he is immediately to report
— to whom } To the executive ? No, to Congress. For what pur-
pose } That Congress may sanction or disprove the act.
The power of removal is a reservation for the benefit of the people,
not of the bank. It may be waived. Congress, being a legislative
party to the compact, did not thereby deprive itself of ordinary powers
of legislation. It cannot, withoat a breach of the national faith, r&-
W0$ tviBcan of HtmT olat.
•
peal privileges or stipulatiomi intended for the benefit of the bank.
Sut it may repeal, modify or waive the exercise altc^ether, of those
parts of the charter which were intended exclusively for Uie public.
Could not Congress lepeal altogether the clause of removal ? Siiob
a repeal would not injure, but^dd to the security of the bank. Could
not Congress modify the clause, by revoking the agency of the Sec-
retary of the Treasury, and substituting that of the Treasurer, or any
other officer of government ? Could not Congress, at any time dur^
ing the twenty years duration of the charter, abolish the office alto-
gether of Secretary of the Treasury, and assign all his present duties
to some newly constituted department ? The right and the security
of the bank do not consist in the form of the agency, nor in the name
of the agent, but in this : that, whatever may be its form or his de-
nomination, the removal shall only be made upon urgent and satis-
factory reasons. The power of supplemental legislation was exer-
cised by Congress both under the new and old bank. Three yean
after the establishment of the existing bank, an act passed, better to
regulate the election of directors, and to punish any one who should
Attempt, by bribes, or presents in any form, to influence the operation
of the institution.
The denial of the Secretary, to Congress, of the power to remove
(he deposites, under any circumstances, is most extraordinary. Why,
sir, suppose a corrupt collusion between the Secretary and the bank
to divide the spoils of the treasury .' Suppose a total nonfulfillment
of all the stipulations on the part of the bank ? Is Congress to re-
main bound and tied, whilst the bank should be free from all the obli-
gations of the charter ? The obligation of one party, to observe fidth
fully his stipulations, in a contract, rests upon the corresponding obli-
gation of the other party to observe his stipulations- If one party ip
released, both are free. If one party fail to comply with his contract,
that releases the other. This is the fundamental principle of all con-
tracts, applicable to treaties, charters, and private agreements. If it
were a mere private agreement, and one party who had bound him-
self to deposite, from time to time, his money with the other, to be
redrawn at his pleasure, saw that it was wa.sting and squandered
away, he would have a clear right to discontinue the deposites. It
is true that a party has no right to excuse himself from the fulfillment
of his contract, by imputing a breach to the other which has never
been made. And it is fortunate for the peace and justice of socie^,
OV THB BSKOTAL OV THE DBVOtlTBS. 907
thftt neither party to any contract, whether public or private, can da*
eide conclusively the question of fulfillment hy the other, but muat
always act under subjection to the ultimate decision, in case of con-
troversy, of an impartial arbiter, provided in the judicial tribunals of
civilized communities.
«
As to the absolute, unconditional and exclusive power which the Sec*
letary claims to be vested in himself, it is in direct hostility with the
principles of our government, and adverse to the genius of all free
institutions. The Secretary was made, by the charter, the mere rep»
resentative or agent of Congress. Its temporary substitute, acting in
fubordination to it, and bound, whenever he did act, to report to his
principal his reasons, that they might be judged of and sanctioned, or
overruled. Is it not absurd to say that the agent can possess more
power than the principal ? The power of revocation is incident to
all agency, unless, in expreits terms, by the instrument creating it,
a different provision is made. The powers, whether of the principal
9r the agent, in relation to any contract, roust be expounded by the
principles which govern all contracts. It is true that the language
gf the clause of removal, in the charter, is general, but it is not there-
fore to be torn from the context. It is a part onLy of an entire com-
pact, and is so to be interpreted in connexion with every part and with
the whole. Upon surveying the entire compact, we perceive that
the hank has come under various duties to the public ; has underta-
Isen to perform important financial operations for the government ;
and has paid a bonus into the public treasury of a million and a half
of dollars. We perceive that, in consideration of the assumption of
these heavy engagements, and the payment of that large sum of money
on the part of the bank, the public has stipulated that the public de-
positee shall remain with the bank, during the continuation of the
charter, and that its notes shall be received by the government, in
payment of all debts, dues and taxes. Except the corporate charac-
ter conferred, there is none but those two stipulations of any great
importance to the bank. £ach of the two parties to the compact
must stand bound to the performance of his engagements, whilst the
other is honestly and faithfully fulfilling Ms. It is not to be conceiv-
ed, in the ibmiation of the compact, that either party could have an-
ticipated that, whilst be was fiurlyand honestly executing every obli-
gation which he had contracted, the other party might arbitrarily or
capricioosly exonerate himself from the discharge of his obligatione.
208 iPlKCHKS OF HIHRT CLAT.
Suppose, when citizens of the United States were invited bj the gor*
ernroent to subscribe to the stock of this bank, that they had been
told that, although the bank performs all its covenants with perfect
fidelity, the Secretary of the Treasury may, arbitrarily or capricioaa-
ly, upon his speculative notions of any degree of public interest or
convenience to be advanced, withdraw the public deposites, would
they have ever subscribed ? Would they have been guilty of the foflj
of binding themselves to the perfoimance of burdensome duties, whilst
the government was led at liberty to violate at pleasure that stipula-
tion of the compact which by far was the most essential to them ?
On this part of the subject, I conclude, that Congress has not parted
from, but retains, its leeitimate power over the deposites ; that it
might modify or repeal altogether the clause of removal in the char-
ter ; that a breach of material stipulations on the part of the bank
would authorize Congress to change the place of the depositee ; that
a corrupt collusion, to defraud the public, between the bank and a
Secretary of the Treasury, would be a clear justification to Congreaa
to direct a transfer of the public deposites ; that the Secretary of the
Treasury is the mere agent of Congress, in respect to the deposites,
acting in subordination to his principal ; that it results from the na-
ture of all agency that it may be revoked, unless otherwise expressly
provided ; and, finally, that the principal, and much less the agent,
of one party cannot justly or lawfully violate the compact, or any of
its essential provisions, whilst the other party is in the progressive
and faithful performance of all his engagements.
If I am right in this view of the subject, there is an end of the
gument. There was perfect equality and reciprocity between the
two parties to the compact. Neither could exonerate himself fitrni
the performance of his obligations, while the other was honestly pro-
ceeding fairly to fulfil all his engagements. But the Secretary of the
Treasury concedes that the public deposites were perfectly safe in the
hands of the bank ; that the bank promptly met every demand upon
it ; and that it faithfully performed all its duties. By these concee-
sions, he surrenders the whole argument, admits the complete o^Ui-
gation of the public to perform its part of the compact, and demon-
strates that no reasons, however plausible or strong, can justify
open breach of a solemn national compact.
OR THK REMOVAL OF THB DBPDSITBt. 909
2. But he has brought forward various reasons to palliate or justify
his violation of the national faith ; and it is now my purpose to pro-
ceed, in the second place, to examine and consider them. Before I
proceed to do this, 1 hope to be allowed again to call tlie attention of
the Senate io the nature of the office of Secretary of the Treasury.
It is altogether financial and administrative. His duties relate to the
finances, their condition and improvement, and to them exclusively.
The act creating the treasury department, and defining the duties of
the Secretary, demonstrates this. He has no legislative powers ; and
Congress neither has nor could delegate any to him. His powers,
wherever given, and in whatever language expressed, must be inter*
preted by his defined dutiesi Neither is the treasury department an
executive department. It was expressly created not to be an execa*
tive department. It is administrative, but not executive- His rela-
tions are positive and direct to Congress, by the act of his creation,
and not to the President. Whenever he is put under the direction
of the President, (as he is by various subsequent acts, especially ihxmt
relating to the public loans,) it is done by express provision of law,
and for specified purposes.
With this key to the nature of the office and the duties of the offi-
cer, I will oow briefly examine the various reasons which he assigns
for the removal of the public deposites. The firet is the near approach
of the expiration of the charter. But the charter had yet to run about
two and a half of the twenty years to which it was limited. During
the whole term the public deposites were to continue to be made with
the bank* It was clearly foreseen, at the commencement of the term,
as now, that it would expire, and yet Congress did not then, and has
never since, thought proper to provide for the withdrawal of the de-
posites prior to the expiration of the charter. Whence does the Sec-
retary derive an authority to do what Congress had never done ?
Whence his power to abridge in efiect the period of the charter, and
to limit it to seventeen and a half years, instead of twenty ? Was
the urgency for the removal of the deposites so great that he could
not wait sixty days, until the assembling of Congress ? He admits
that they were perfectly safe in the bank ; that it promptly met every
demand upon it ; and that it faithfully performed all its duties. Why
not, then, wait the arrival of Congress ? The last time the House
of Representatives hod spoken, among the very last acts of the laii
•epotf, that Hoiise had deebnd itafiill coofidflnce in the safety of
310 mtcHBt or Hiirmr glat.
the depofitea. Why not wait until it could review the subject,
ell the new Ught which the Secretary could throw upon it, and agaiB
proclaim its opinion ? He comes into office on the 23d of Septerobefi
1833, and, in three days, with intuitive celerity, he comprehends the
whole of the operations of the complex department of the treasuiy,
perceives that the government, from its origin, had been in uniform
error, and denounces the opinions of all his predecessors ! And, has-
tening to rectify universal wrong, in defiance and in contempt of the
resolution of the House, he signs an order for the removal of the da
posites ! It was of no consequence to him, whether places of safety^
in substitution of the Bank of the United States, could be obtained or
not ; without making the essential precautionary arrangements, he
oonunands the removal almost instantly to be made.
Why, sir, if the Secretary were right in contending that he alone
could order the removal, even he admits that Congress has power to
provide for the security of the public money, in the new places to
which it might be transferred. If he did not deign to consult the rep-
resentatives of the people as to the propriety of tiie first step, did not
a decent respect to their authority and judgment exact from him a
delay, for the brief term of sixty days, that they might consider what
was fitting to be done ? The truth is, that the Secretary, by law,
has DoUiing to do with the care and safle-keeping of the public money.
As has been already shown, that duty is specifically assigned by law
to the treasurer of the United States. And, in assuming upon hin^
self the authority to provide other depositories than the fiank of the
United States, he alike trampled upon the duties of the treasurer, and
what was due to Congress. Can any one doubt the motive of this
precipitancy ? Does anybody doubt that it was to preclude the so*
tion of Congress, or to bring it under the influence of the execativo
Veto ^ Let the two Houses, or either of them, perform their duty to
the country, and we shall hereafter see whether, in that respect, aft
least, Mr. Secretary will not fiiil to consummate his purpose.
3. The next reason assigned for this ofiensive proceeding, is tho
re-efeetion of the present chief magistrate. The Secretary says :
'U have alwsfa Teinirded tbe result of the last eI«!ctton of Prefideat of the Uoiieil
States M the dedantion of a m^ority of the people, that the charter ought not to be
^nmBmtA.** • • • •• Ii« volutttary appficatioii to Congress for the renewal of
l^ofeaiter four years before it ezpimd, and upon the eve of the eleetioa of Pi * '
«to«rtisMitf as «K Mit Si brinsiaK fbmaid that qoMioa Ibr iaeidt^
ON "Vai milOYAL or THK OSPOtlTM. SU
■I the then approaching elcctkm. It was accordingly «igued on both sides befort
the tribunal of the people, and their verdict pronounced against the bank,'*&c.
What has the Secretary to do irith elections ? Do they belong to
the financial concerns of his department ? Why this constant refer-
ence to the result of the last presidential election ? Ought not the
President to be content ^ith the triumphant issue of it ? Did he
want still more vetoes ? The winners ought to forbear making any
complaints, and be satisfied, whatever the losers may be. After an
election w fairly terminated, I have always thought that the best way
was to forget all the incidents of the preceding canvass, and espe-
cially the manner in which votes had been cast. If one has been sac-
eessfuU that ought to be sufficient for him ; if defeated, regrets are
unavailing. Our fellow citizens have a right freely to exercise their
elective franchise as they please, and no one, certainly no candidate«
has any right to complain about it.
But the argument of the Secretary is, that the question of the bank
was fully submitted to the people, by the consent of all parties, fully
discussed before them, and their verdict pronounced against the insti-
tution, in the re-election of the President. His statement of the can
requires that we should examine carefully the various messages of
the President to ascertain whether the bank question was fairly and
frankly (to use a favorite expression of the President) submitted by
him to the people of the United States. In his message of 1829, the
President says :
'* The charter of the Bank of the United States expires in 1836, and its stockhold-
en wlU most probably apply for a renewsl of their privileges- In order to ayoid the
evils resulting from frtcijrUancy in a measare involvins, such important principles,
■mi nch deep pecnniary intere fCp, 1 feel that I cannot, in justice to iht wartin in-
terested, too soon present it, to the deliberate consideration of the legislalare aa^
the people."
The charter had then upwards of six years to ran. Upon this
solemn invitation of the chief magistrate, two years afterwards, the
bank came forward with an application for renewal. Then it was
discovered that the application was premature. And the bank was
denounced Cor accepting the very invitation which had been formally
given. The President proceeds :
9
** Bodi the eoDstitntionatitjr and the expedienej of the bank are wel qpeslioaij,
kff m 9arg$ jmtkm ^^mftUmt elHwtM,^
I'.-i. ■■. a . . ■•'I • m ■'■■'■■
S12 flPUCHIg or HUTRT ^AT.
This message was a non-committal. The President does not an*
nounce clearly his own opinion, hut states that of a large pgrtion of
awr fellow ciiisens* Now we all know that a large and highly respec-
table number of the people of the United States have always enter-
tained an opinion adverse to the bank on both grounds. The Presi-
dent oontinues :
'* if such an institution is deemed essential to the fiscal operations of the got'
ernment, I submit to the wisdom of the legUlanire whether a national on^, foanded
upon the credit of the goverrnnent, and its lesources, might not be devised."
Here, again, the President, so far firom expressing an explicit opiiH
ion against all national banks, makes a hypothetical admission of tfan
utility of a bank, and distinctly intimates the practicability of deviaiiig
one on the basis of the credit and resources of the government.
In his message of 1830, speaking of the bank, the President says :
"Nothing has occurred to lessen, in any degree, the dangers which manpef mtr
citizena apprvhend from that iimritution, as atyrtunt on^nized. In the spint of iso-
E9vement and compromise, which distinguishes oor countnr and its institaUouL it
comes u« to inquire whi.'th>*r it be not po»ibU to secure toe advantages afiforaed
bj tho present bank through the agency of a Bank of the United States, so in«>difled
in its principles and structure, as to obviate conbtitutional and other objections.**
Here, again, the President recites the apprehensions of '< many of
oar citizens,^' rather than avows his own opinion. He admits indeed
<^ the advantages afforded by the present bank,'' but suggests an in-
quiry whether it be possible (of course doubting) to secure them by
a bank differently constructed. And towards the conclusion of that
part of the message, his language fully justifies the implication, that
it was not to the bank itself, but to ^^ its present form,'' that he ol>-
jected.
The message of 1S31, when treating of the bank, was very brief
The President says :
'* Entertaining the opinions heretofore expressed in relation to the Bank of Ae
United States, tu at pretent or^iuzetf"— [non-committal once more x and what Aft
meanji, Mr. President, nobody better knows than you and I]—*' I felt it my dnty, a
my former messages, /ranjlrfy todiadote them.**
Erank disclosures ! Now, sir, I recollect perfectly well the impre^
tioins made on my mind, and on those of other Senators with whom
I eonversed, iamiediately after that message was read. We thought
OH Tfll RBlfOTAL OT THE DKPOBITEf . dl8
find said to each other^ the President has left a door open to pass out.
It is not the hank ; it is not any Bank of the United States to which
he 18 opposed, but it is to the particular organization of the existing
bank. And we all concluded that, if amendments could bo made to
the charter satisfactory to the President, he would approve a bill fof
its renewal.
We come now to the famous message of July, 1832, negativing the
bill to recharter the bank. Here, it might be expected, we shall cer-
tainly find clear opinions, unequivocally expressed. The President
cannot elude the question. He must now be perfectly frank. We
shall presently see. He says ;
*' A Bank of the United States is, in manf respects, convenient to the govenm^nt,
and uis^ful to ihe p oule. Enteriaining this opinion, and deeply im{>res8cd with tb«
belief that some of the powers and privileges po8(»ei»ed by the existing bank> arft
unauthorized by the constitution," cV^. ♦ • • »* f felt it my duly, at an early
period of my administration, to call the attention of Congress to the practicability
of ori^nisinsr an inUitution, combining uU its advantages, and obviatmg these od^
jections. I sincerrly regret, that in the act before me I can perceive none of thou
modi/irations^" &r. ♦ ♦ * ** That a Bank of the United States, competeat
to all the du(iet> which may be required by the government, might be so organized
as not to infringe on our own delegated powers, or the reserved rights of the States,
I do not entertain a doubt Had the Kxccutive been called on to TuniiBh the prqfut
qf such an imtitution, the duty would have been cheerfully performed."
The message is principally employed in discussing the objections
which the President entertained to the particular provisions of the
charter, and not to the bank itself ; such as the right of foreigners to
hold stock in it ; its exemption from State taxation ; its capacity to
hold real estate, &c. &c. Does the President, even in this message,
Irray himself in opposition to any Bank of the United States ? Doei
he even oppose himself to the existing bank under every organiza-
tion of which it is susceptible ? On the contrary, does he not declare
that he does not entertain a doubt that a bank may be constitutionally
organized ? Does he not even rebuke Congress for not calling on
him to furnish a project of a bank, which he would have cheerfully
supplied ? Is it not fairly deducible, from the message, that the
charter of the present bank might have been so amended as to have
secured the President's approbatton to the institution ? So for waa
the message from being decisive against all Banks of the United
States, or against the existing bank, under any modification, the
President expressly declares that the question was adjourned. He
•ays :
/ •O
814 WEMCBMM OP HENRY (».AT»
** A general diccunioo will now take place, eliciting new light, and aetdiognir
£»rtant principles ; and a new Congrefp, elected in (he mid&t oi 6uch discu^ion, and
miahing an equal representation of the people, according to the last ceiraaa, «il
bear to the Capitol the verdict of public opinion, and I doubt not bring thia impoff*
tant question to a satisfactory result."
This review of the yarious messages of the President, conclunTa*
Ij evinces that they were far from expressing, frankly and deciaivdj)
any opinions of the chief magistrate, except that he was opposed to
the amendments of the chaiter contained in the bill submitted to him
for its renewal, and that he required further amendments. It demoii*
ttrates that he entertained no doubt that it was practicable and deair*
Me to establish a Bank of the United States ; it justified the hope
that he might be ultimately reconciljsd to the continuation of tte
present Bank, with suitable modifications ; and it expressly pr»-
claimed that the whole subject was adjourned to the new Congrets,
to be assembled under the last census. If the parts of the messagei
which I have cited, or other expressions, in the same document, be
doubtful, or susceptible of a different interpretation, the review it
sufficient for my purpose ; which is, to refute the argument so confi-
dently advanced, that the President's opinion, in opposition to the
present or any other Bank of the United States, was frankly and
fairly stated to the people, prior to the late election, was fully under-
stood and finally decided by them.
Accordingly, in the canvass, which ensued, it was boldly asserted
oy the partisans of the President that he was not opposed to a Bank
of the United States, nor to the existing Bank with proper amend*
ments. They maintained, at least wherever those friendly to a Nn^
iional Bank, were in the majority, that the re-election would be fol-
lowed by a recharler of the Bank, with proper amendments. They
dwelt, it is true, with great earnestness, upon his objections to the
pernicious influence of foreigners in holding stock in it ; but they
nevertheless contended that these objections would be cured, if he
was re-elected, and the Bank sustained. I appeal to the whole Senate,
to my colleagues, to the people of Kentucky, and especially to the
citizens of the city of Louisville, for the correctness of this statement
After all this, was it anticipated by the people of the United States
that, in the re-election of the President, they were deciding aeainsi
an institution of such vital importance ? Could they have imagined
that| after an express adjournment of the whole matter to a
OR THE RSMOVAL OF THE DCP0SITK8. 2lt
CoDgresa, by tbe President himself, he Avould have prejudged the
action of this new Congress, and pronounced that a question, express-
ly by hiniself referred to its authority, was previously settled by the
people ? He claimed no such result in his message, immediately af-
ter |he re-election ; although in it he denounced the Bank as an un-
safe depository of the public money, and invited Congress to investi-
gate its condition. The President, then, and the Secretary of the
Treasury, are without all color of justification for their assertioDSy
that the question of bank or no bank was fully and fairly submitted
to the people, and a decision pronounced against it by them.
Sir, I am surprised and alarmed at the new source of executive
power, which is found in the lesult of a presidential election. I had
supposed that the constitution and the laws were the sole source of
executive authority ; that the constitution could only be amended in
the mode which it has itself prescribed ; that the issue of a presiden-
tial election, was merely to place the chief magistrate in the post as-
signed to hi^ ; and that he had neither more nor less power, in con-
sequence of the election, than the constitution defines and delegates.
But it seems that if, prior to an election, certain opinions, no matter
bow ambiguously put forth by a candidate, are known to the people,
these loose opinions, in virtue of the election, incorporate themselves
with the constitution, and afterwards are to be regarded and ex-
pounded as psrts of the instrument.
4. The public money ought not, the Secretary thinks, to remain in
the Bank until the last moment of the existence of the charter. But
that was not the question which he had to decide on the 26th Sep-
tember last. Thp real question then was, could he not wait sixty
days for the meeting of Congress ? There were many last moments,
near two years and a half, between the 26th of September and the
day of the expiration of the charter. But why not let the public
money remain in the Bank until the last day of the charter ? It is a
part of the charter that it shall so remain ; and Congress having so
ordered it, the Secretary ought to have acquiesced in the will of Con-
gress, unless the exigency had arisen on which alone it was supposed
his power over the deposites would be exercised. The Secretary is
greatly mistaken, in believing that the Bank will be less secure in
the last hoars of its existence than previously. It will then be col-
lecting its resources, with a view to the immediate payment of its
216 SPEECHES or HBNRT CLAT.
notes, and the ultimate division among the stockholders of their capi
tal ; and at no period of its existence will it be so strong and ahle to
pay all demands upon it. As to the depreciation in the value of ite
notes in the interior, at that time, why, sir, is the Secretary possess-
ed of the least knowledge of the course of the trade of the interior^
and especially of the western States ? If he had any, he could not
have made such a suggestion. When the Bank itself is not diawing,
its notes form the best medium of remittance from the interior to the
Atlantic capitals. They are sought after by merchants and traders
with avidity,' are never below par, and in the absence of Bank drafts
may command a premium. This will continue to be the case as long
as the charter endures, and especially daring the last moments of its
existence, when its ability will be unquestionable, Philadelphia be-
ing the place of the redemption ; whilst the notes themselves wUl
be received in all the large cities in payment of duties.
The Secretary asserts that " it is tcell understood that the superior
credit heretofore enjoyed by the Notes of the Bank <ff the United
States, was not founded on any particular confidence in its manage-
ment or solidity. It was occasioned altogether by the agreement on
behalf of the public, in the act of incorporation, to receive them in
all payments to the United States." — I have rarely seen any state
paper characterised by so little gravity, dignity and circumspection,
as the report displays. The Secretary is perfectly reckless in his as-
sertions of matters of fact, and culpably loose in his reasoning. Can
he believe the assertion which he has made r Can he believe for ex-
ample, that if the Notes of the Bank of the Metropolis were made
receivable in all payments to the government, they would ever ac-
quire, at home and abroad, the credit and confidence which are at-
tached to those of the Bank of the United States ? If he had stated
that the faculty mentioned, was one of the elements of the gremt
credit of those notes, the statement would have been true ; but who
can agree with him, that it is the sole cause .> The credit of the
Bank of the United States results from the large amount of its capi-
tal ; from the great ability and integrity with which it has been ad>
ministered ; from the participation of the government in its affairs;
from Its advantageous location; from its being the place of deposite
of the public moneys, and its Notes being receivable in all payments
to the government ; and from its being emphatically 'fA« Bank of ike
ON THK SIMOTAL OP THB DtP0SIT£8. 217
United Staies. This latter circumstance arranges it with the Bank
«f England) Fhrnce, Amsterdam, Genoa, &c.
6. The expansion and contraction of the acc3mmodations of the
bcuak to its individual customers, are held up by the Secretary, in bold
relief, as evidences of misconduct, vrhich justified his virithdrawal of
the deposites. He represents the bank as endeavoring to operate on
the public, by alternate bribery and oppression, with the same object
in both eases, of influencing the election, or the administration of the
President. Why this perpetual reference of all the operations of the
institution to the executive ? Why does the executive think of uo-
thing but itself? It is 1 ! It is I ! It b I, that is meant, appears to be
the constant exclamation. Christianity and charity enjoin us never
to ascribe a bad motive if we can suppose a good one. The bank is
a moneyed corporation, whose profits result from its business ; if that
be extensive, it makes better ; if limited, less profit. Its interest is
to make the greatest amount of dividends which it can safely. And
all its actions may be more certainly asciibed to that than any other
principle. The administration must have a poor opinion of the vu>>
tue and intelligence of the people of the United States, if it supposes
that their judgments are to be warped and their opinions controlled
by any scale of gradua^d bank acconunodations. The bank moat
have a still poorer conception of its duty to the stockholder, if it were
to regulate its issues by ihe uncertain and speculative standard of po-
litical efi*ect, rather than a positive arithmetical rule for the computa-
tion of interest.
Ab to the alleged extension of the business of the bank, it has been
again and again satisfactorily accounted for by the payment of the
public debt, and the withdrawal from Europe of considerable sums,
which threw into its vaults a large amount of funds, which, to be
productive, must be employed ; and, as the commercial wants pro-
ceeding from extraordinary activity of business, created great demands
about the same period for bank acconunodations, the institution nat-
urally enlarged its transactions. It would have been treacherous to
the best interests of its constituents if it had not done so. The re-
cent contraction of its business is the result of an obvious cause.
Notwithstanding the confidence in it, manifested by one of the last
acts of the last House of Representatives, Congress had scarcely left
the dblnot befine metsorea were put in operation to circuoivent its
918 kncscBSS or hkitbt clat.
wrthority. Denunciations and threats were put forth against it* Rii*
mora stamped with but too much authority, were circulated, of tbe
intention of the executive to disregard the admonition of the House of
Representatiyes. An agent was sent out — and then $uch an agemi —
to sound the local institutions as to the terms on which they would
receive the deposites. Was the bank; who could not be ignorant of
all this, to sit carelessly by, without taking any precautionary dmi^
sores ? The prudent mariner, when he sees the coming storm, forb
his sails, and prepares for all its rage. The bank knew that the ex*
ecutive was in open hostility to it, and that it had nothing to expect
from its forbearance. It had numerous points to defend, tbestrengtk
or weakness of all of which was well known from its weekly retuma
to the Secretary, and it could not possibly know at which the fint
mortal stroke would be aimed. If, on the twentieth of September
last, instead of the manifesto of the President against the hank, he
had officially announced that he did not mean to make war upon the
bank, and intended to allow the public deposites to remain until the
pleasure of Congress was expressed, public confidence wodd bare
been assured and unshakea, the business of the country continued in
quiet and prosperity, and the numerous bankruptcies in our commer-
cial cities averted. The wisdom of human actions is better knowB
in their results than at their inception. That of the bank b manifeal
from all that has happened, and especially from its actual ofttditkm
of perfect security.
7. The Secretary complains of misconduct of the bank in deleg^
ling to the committee of exchange the transaction of important bu8i«
ness, and in that committee being appointed by the President and not
the board, by which the government directora have been excluded.
The directors who compose the board meet only periodically* Dri-
ving no compensation frt>m their places, which the charter indeed
prohibits them from receiving, it cannot be expected that they should
be constantly in session. They must, necessarily, therefore, devolve
a great part of the business of the bank in its details, upon the offi-
cers and servants of the corporation. It is sufficient, if the boaid
controls, governs, and directs the whole machine. The most impoi^
tant operation of a bank is that of paying out its cash, and that the
cashier or teller, and not the board performs. As to committeee of
exchange, the board, not being always in session, it is evident that
the convenience of the public requires that there should be aome att-
^
OH THB BSBIOTAL OF THE DSPOf ITI8. 219.
tbority at the bank daily, to paM daily upoD bills, either in the sale
or purchase, as the wants of the cmmnunity require. Every bank, I
bdieve, that does business to any extent, has a committee of exchange
similar to that of the Bank of the United States. In regard to the
mode of appointment by the President of the board, it is in conform-
ity with the invariable usage of the House of Representatives, with
the practice of the Senate for several years, and until altered at the
commencement of this session, with the usage in a great variety, it
not all of the State legislatures, and with that which prevails in our
popular assemblies. I'he president, speaker, chairman, moderator,
almost uniformly appoints committees. That none of the government
directors have been on the committee of exchange, has proceeded, it
is to be presumed, from their not being entitled, from their skill and
experience, and standing in society* to be put there. The govern*
ment directors stand upon the same equal footing with those appoint-
ed by the stockholders. When appointed they are thrown into the
mass, and must take their fair chances with their colleagues. If the
President of the United States will nominate men of high character
and credit, of known experience and knowledge in business, they will
no doubt be placed in corresponding stations. If he appoints diflerent
men he cannot expect it. Banks are exactly the places where cur-
rency and value are well understood and duly estimated. A piece of
coin, having even the stamp of the government, will not pass unless
the metal is pure.
8. The French bill forms another topic of great complaint with the
Secretary. The state of the case is that the government sold to the
bank a bill on that of France for $900,000, which the bank sold in
London, whence it was sent by the purchaser to Paris to receive the
amount. When the bank purchased the bill, it paid the amount to
the government, or which is the same thing, passed it to the credit of
the treasury, to be used on demand. The bill was protested in Paris,
and the agents of the bank, to avoid its being liable to damages, took
up the bill on account of the bank. The bill being dishonored, the
" bank comes back on the drawer, and demands the customary dama-
ges due according to the course of all such transactions. The com-*
plaint of the Secretary is, that the bank took up the bill to save its
own credit, and that it did not do it on account of the government ;
in other words, that the bank did not advance at Parb $900,000 to
the government on account of a bill which it had already paid every
8M) 0FXICHK8 OP BKHRT CLAT«
dollar at Philadelphia. Why, Sir, has the Secretary read the charier r
If he has, he must have knowD that the bank could not have ad^
taaced the $900,000 for the government at Paris, without subjediiig
itself to a penalty of three times the amount (2,700,000.) The 18lh
•ec4ion of the charter b express and positive :
** That if the said corporation filiall advance or lend any sum of money for the tMt
I or on account of the government of the United States, to au amount exceeding five
hundred thousand dollars, all pentons concerned in making such unlawful ■dvanees
or loan, shall forfeit treble the amount, one fifth to the informer,*' &c.
9. The last reason which I shall notice of the Secretary is, that
this ambitious corporation aspires to possess political power. ThoM
in the actual possession of power, especially when they have grossly
abused it, are perpetually dreading its loss. The miser does not cling
to his treasure with a more death-like grasp. Their suspicions are
always active and on the alert. In every form they behold a rival,
and every breeze comes chdrged with alarm and dread. A thousand
spectres glide before their affrighted imaginations, and they see, in
every attempt to enlighten those who have placed them in office, a
sinister design to snatch from them their authority. On what other
principles can we account for the extravagant charges brought for-
ward by the Secretary against the bank ? More groundU»ss and reck-
less assertions than those which he has allowed himself to emhody id
his report, never were presented to a deceived, insulted, and outraged
people. Suffer me, sir, to groupe some of them. He asserts, " that
there is sufficient evidence to prove that the bank has used its means
to obtain political power ;" that, in the Presidential election, ^' the
bank took an open and direct interest, demonstrating that it was using
its money for the purpose of obtaining a hold upon the people of this
country ;'' that it '< entered the political arena ;'' that it circulated
publications containing ^' attacks on the officers of government ;'' that
" it is now openly in the field as a political partisan ;" that there
are " positive proof s'^^ of the efforts of the bank to obtaiji power. And,
finally, he concludes, as a demonstrated proposition :
•• Fouthly, That there is snfflcient evidence to show that the bank has been and
iCill is seeking to obtain political power, aud has used its money for the purpose «l
influencing the election of *he public servants.*'
After all this, who can doubt that this ambitious corporation m a
candidate for the next Presidency ? Or, if it can moderate its lofty
pretensions, that it means at least to go for the oflSce of Secretaiy oC
on THE BniOYJl. OF THB DPOIITM.
tin Treasury, upon the next remoyal ? But sir, where are the proofr
of these political designs ? Can anything be more reckless than these
confident assertions of the Secretary ? Let us have the proofs : I call
for the proofs. The bank has been the constant object for years of
vituperation and calumny. It has been assailed in every form of bit^
temeso and malignity.- Its operations have been misrepresented ; its
credit and the public confidence in its integrity and solidity attempted
to be destroyed ; and the character of its officers assailed. Ui^er
these circumstances, it has dared to defend itself. It has circulated
public documents, speeches of nofembers of Congress, reports made by
chairmen of committees, friends of the adnunistration, and other pa^
pers. And, as it vras necessary to make the defence commensurate
with the duration and the extensive theatre of the attack, it has been
compelled to incur a heavy expense to save itself fit>m threatened
destruction It has openly avowed, and yet avows, its right and
purpose to defend itself. All this was known to the last Congress.
Not a solitary material fact has been since disclosed. And when be-
fore, in a country where the press is free, was it deemed criminal for
any body to defend itself? Who invested the Secretary of the Trear
mry with power to interpose himself between the people, and light
and intelligence ? Who gave him the right to dictate what informa-
tion should be communicated to the people and by whom ? Whence
does he derive his jurisdiction ?. Who made him censor of the public
press.' From what new sedition law does he deduce his authority ?
b the superintendence of the American press a part of the financial
duty of a Secretary of the Treasury ? Why did he not lay the whole
case before Congress, and invite the revival of the old sedition law ?
Why anticipate the arrival of their session ? Why usurp the authority
of the only department of government competent to apply a remedy,
if there be any power to abridge the freedom of the press ? If the
Secretary wishes to purify the press, he has a most Herculean duty
before him. And when he sallies out on his Quixotic ^pedition,
he had better begin with the Augean stable, the press nearest to him,
organ, as most needing purification.
I have done with the Secretary's reasons. They have been weighed
and found wanting. There was not only no financial motive for his-
acting— the sole motive which he could officially entertain — but
every financial consideration forbade him to act. I proceed now, ia
ttt mtCBMM or BBVBT GLAT.
the ihird and last place, to examioe the manner in which he has
ercised his power over the deposites.
3. The whole people of the United States derive an interest finom
the public deposites in the Bank of the United States, as a stockholdeTf
in that institution. The bank is enabled, through its branches, to
throw capital into those parts of the Union where it is most needed.
Thus it distributes and equalizes the advantages accruing from tba
collection of a large public revenue, and the consequent public do^
posites. Thus it neutralizes the injustice which would otherwise
flow from the people of tl^s west and the interior, paying their fall
proportion of the public burdens, without deriving any corresponding
benefit from the circulation and deposites of the public revenue. The
use of the capital of the bank has been signally beneficial to the West.
We there want capital, domestic, foreign — any capital that we caa
honestly get. We want it to stimulate enterprise, to give activity t»
business, and to develope the vast resources which the bounty of Na-
ture has concentrated in that region. But, by the Secretary's finstt-
cisl arrangements, the twenty-five or thirty millions of the puUie
revenue collected firom all the people of the United States (including
those of the west) will be retained in a few Atlantic ports. Each
port will engross the public noK>neys there collected. And, as that of
New York collects about one-half of the public revenue, all the pe<H
pie of the United States will be laid under contribution, not for the
sake of the people of the city of New York, but of two or three banks
in that city, in which the people of the United States, collectively,
have not a particle of interest ; banks, the stock in which is or may
be held by foreigners.
Three months have elapsed, and the Secretary has not yet fbmd
places of deposite for the public moneys, as substitutes for the Bank
of the United States. He tells us, in his report of yesterday, that the
bsnk at Charleston, to which he applied to receive them, declined
the custody, and that he has yet found no other bank willing to assume
it. But he states that the public interest does not in consequence
safier. No I What is done with the public moneys constantly le-
oeiving in the important port of Charleston, the largest port (New
Orleans excepted) from the Potomac to the gulf of Mexico ? Whsl
with the revenue bonds ? It appears that he has not yet received ths
charters firom all the banks selected as places of deposite. Can any-
ON THE REMOWAL OP THB DKPOSITIf. 288
Uiing be more improvident thin that the Secretary should undertake
to contract with banks, without knowing their power and capacity to
contract by their charters. That he should venture to deposite the
people's money in banks, without a full knowledge of everything le-
apecting their actual condition ? But he has found some banks will-
ii^^ to receive the public deposites, and he has entered into contracts
with them. And the very first step he has taken has been in direct
violation of an express and positive statute of the United States. By
the act of the 1st of May, 1820, sixth section, it is enacted :
'* That DO contract shall hereafter be made by the Secretary of State, or of tht
Tftoiwry^ or ot the department of war, or of the navy, except under a law aathorix-
ing the same, or nnder an appropriation ade()iiaie to its fulflUment ; and excepting,
alio, contracts for the subsi-ience and cloihinK of the army or navy, and contmcts
ky the quarter maater's department, which may be mode by the Secretaries oi thoM
departments."
Now, sir, what law authorized these contracts with the local banks,
made by the Secretary o/jhe Treasury 1 The argument, if 1 under-
stand the argument intended to be employed on the other side, is this :
that, by the bank charter, the Secretary is authorized to remove the
public deposites, and that includes the power in question ? But the
act establishing the treasury department confides, expressly, the safe-
keeping of the public moneys of the United States to the Treasurer
of the United States, and not to the Secretary; and the Treasurer,
not the Secretary, gives a bond for the fidelity with which he shall
keep them. The moment therefore, that they are withdrawn from
the Bank of the United States^ they are placed, by law, under the
charge and responsibility of the Treasurer and his bond, and not of
the Secretary, who has given no bond. But let us trace this argu-
ment a little further. The power to remove the dcposites, says the
Secretary frmn a given place, implies the power to designate the
place to which they shall be removed. And this implied power to
designate the place to which they shall be removed, impKes the power
to the Secretary of the Treasury to contract with the new banks of
deposite. And, on this third link, in the chain of implications, a
fourth is constructed, to dispense with the express duties of the Trea-
iurer of tne United Slates, defined in a positive statute ; and yei a
/^hj to repeal a positive statute of Congress, passed four years after
the passage of the law containing the present source of this most ex-
traordinary chain of implications. The exceptions in the act of 182(\
prove the inflexibility of the rule which it prescribes. Annual appro-
priations are made for the clothing and lobsistence of the army
234 SPBECHBI OF HBNRT CLAT. '
and navy. These appropiiations might have heen rapposed to be iih
duded in a power to contract for those articles, notwithstanding the
prohibitory clause in that act. But Congress thought otherwise, and
therefore expressly provided for the exceptions- It must be admit-
ted that our clerk (as the late Governor Robinson, of Louisiana, one
of the purest republicans I have ever known, used to call a Secretary
of the Treasury,) tramples with very little ceremony upon the duties
of the Treasurer, and the acts of the Congress of the United States,
when they come in his way.
These contracts, therefore, between the Secretary of the Treasmj
and the local banks are mere nullities, and absolutely void, enforces*
ble in no court of justice whatever, for two causes — 1st. Because they
are made in violation of the act of the 1st of May, 1820 ; and 2d.
Because the Treasurer, and not the Secretary of the Treasury, alone
had, if any federal officer possessed, the power to contract with the
local banks. And here again we perceive the necessity there wm
for avoiding the precipitancy with which the executive acted, and fior
awaiting the meeting of Congress. Congress could have deliberately
reviewed the previous legislation, decided upon the expediency of a
transfer of the public deposites, and if deemed proper, could haTe
passed the new laws adapted to the new condition of the treasury.
It could' have decided whether the local banks should pay any bonoSi
or pay any interest, or diffuse the public deposites throughout the
United States, so as to secure among all their parts equality of bene-
fits as well as of burdens, and provided for ample guaranties for the
safety of the public moneys in their new depositories.
But let us now inquire whether the Secretary of the Treasury has
exercised his usurped authority, in the formation of these contractti
with prudence anu discretion. Having substituted himself to Con-
gress and to the Treasurer of the United States, he ought at least to
show that, in the stipulations of the contracts themselves, he has
guarded the public moneys and provided for the public interests. I
will examine the contract with the Girard Bank of Philadelphia,
which is presented as a specimen of the contracts with the Atlantic
banks. The first stipulation limits the duty of the local banks to
receive in deposite, on account of the United States, only the notes
of banks convertible into coin, ^^ in its immediate vicinity," or which
it is, ^^for the time being, in the habit o( receiving." Under
ON TBI ftUIOTAL Or THB DSP08ITBS. 225
stipulation, the Girard Bank, for example, will not be bound to re-
ceive the notes of the Louisville Bank, although that also be one^f
the deposite banks, nor the notes of any other bank, not in its inline*
diate vicinity. As to the provision that it will receive the notes of
banks which, for the time being, it is in the habit of receiving, it is
absurd to put such a stipulation in a contract, because by the power
retained to change the habit, for the time being, it is an absolute nul-
lity. Now, sir, how does this compare with the charter and Bank of
the United States ? The bank receives everywhere, and credits the
government with the notes, whether issued by the branches or the
principal bank. The amount of all these notes is everywhere availa-
ble to the government. But the government may be overflowing in
distant bank notes when they are not wanted, and a bankrupt, at the
places of expenditure, under this singular arrangement.
With respect to the transfer of moneys from place to place, the
local banks require in this contract that it shall not take place but upon
reasonable notice. And what reasonable is, has been lefl totally uq-
deiined, and of course open to future contest. When hereafter a
transfer is ordered, and the bank is unable to make it, there is noth-
ing to do but to alledge the unreasonableness of the notice. The
local bank agrees to render to the government all the services
now performed by the Bank of the United States, subject, how-
ler, to the restriction that they are required " in the vicinity*' of the
local bank. But the Bank of the United States is under no such re-
strictions ; its services are coextensive with the United States and
their territories.
The local banks agree to submit their books and accounts to the
Secretary of the Treasury, or to any agent to be appointed by him,
but to be paid by the local banks pro rata, as far as such examination
is admissible tcithout a violation of their respective charters ; and how
far that may be the Secretary cannot tell, because he has not yet
seen all the charters. He is, however, to appoint the agents of ex-
amination, and to fix the salaries which the local banks are to pay.
And where does the Secretary find the authority to create ofRcers and
fix their salaries, without the authority of Congress ?
But the most improvident, unprecedented and extraordinary pro-
▼isbn in the contract a that which relates to the security. Wheii|
SW tPEBCHIS OF nSMRT CLAT.
and not until, the dcposites in the local bank shall exceed one-half
of^he capital stock actually paid in, collateral security, salisf ctory to
the Secretary of the Treasury, is to be given for the safety of the d^
posites. VVhy, sir, a freshman, a schoolboy, would not have thus
dealt with his father^s guardian's money. Instead of the securi^
preceding f it is io follow the depositc of the people's money ! That
is, the local bank gets an amount of their money, equal to one-half
its capital, and then it condescends to give security ! Does not the
Secretary know, that, when he goes for the security, the money maj
be gone, and that he. may be entirely unable to get the one or the
other ? We have a law, if I mistake not, which forbids the advanoa
of any public money, even to a disbursing agent of the governmenl,
without previous security. Yet, in violation of the spirit of that law,
or, at least, of all common sense and common prudence, the Secro-
tary disperses upwards of twenty-five millions of public revenue amoag
a countless number of unknown banks, and stipulates that, when tfaa
amount of the deposite exceeds one-half of their respective capital^
security is to be given !
The best stipulation in the whole contract is the last, which
aenres to the Secretary of the treasury the power of discharging th
local banks from the service of the United States whenevex he pleaaea \
and the sooner he exercises it, and restores the public depositea la
the place of acknowledged safety, from which they have been raahlj
taken, the better for all parties concerned.
Let us look into the condition of one of these local banks, the
est to us, and that with respect to which we have the best informa-
tion. The banks of this district (and among them that of the Me*
tropolis) are required to make annual reports of, their condition oa
the first day of January. The latest official return from the Metrop-
olis bank is of the first of January, 1S32. Why it did not make ona
on the first of last January, along with the other banks, I know not
In point of fact, I am informed, it made none. Here is its account of
January, 1832, and I think you will agree that it is a Flemish one.
On the debit side stand capital paid in $500,000. Due to the baaksi
$20,911 10; individuals on deposite $74,977 42; dividend and ex-
penses$17,591 77 ; and surplus $8,131 02 ; making an aggregate of
$684,496 31. On the credit side there are bills and notes discouat-
ed) and stock (what sort }) bearing interest, $626,01 1 90 ; real eatate,
09 m BSMOTAL OT THS DIPOSITK8. 297
•
4|18,404 86 ; notes of other banks on hand, and checks on do., $28,
213 SO ; specie — ^now Mr. President, how much do yoo imagine?
Recollect, that this is the bank selected at the seat of government,
where there is necessarily concentrated a vast amount of public mo*
ney, employed in the expenditure of government. Recollect that, by
another executive edict, all public officers, charged with the disburse*
ment of the public money here, are required to make their deposites
with this Metropolis ; and how much specie do you suppose it had
at the date of its last official return.^ $10,974 76. Due from other
banks, $5,890 99 ; making in the aggregate on the credit side, $684,
496 31. Upon looking into the items, and casting them up, you will
find that this Metropolis bank, on the first day of January, 1832, was
liable to an immediate call for $176,335 29, and that the amount
which it had on hand ready to meet that call, was $40,079 55. And
this is one of the banks selected at the seat of the general government,
for the deposite of the public moneys of the United States. A bank
with a capital of thirty-millicms of dollars, and upwards of ten milU
MDs of specie on hand has been put aside, and a bank with a capital
of half a million, and a little more than ten thousand dollars in specie
€10 hand, has been substituted in its place ! How that half million
has been raised — ^whether in part or in the whole, by the neutralizing
operation of giving stock notes in exchange for certilBcates of stock,
^bes not appear.
The design of the whole scheme of this treasury arrangement seema
Id have been, to Lave united in one common league a number of local
hutks, dispersed throughout the Union, and subject to one central
will, with a right of scrutiny instituted by the agents of that will. It
is a bad imitation of the New York project of a safety fund. This
confederation of banks will probably be combined in sympathy as wdl
as interest, and will be always ready to fly to the succor of the
source of their nourishment. As to their supplying a common cur-
rency, in place of that of the bank of the United States, the plan is
totally destitute of the essential requisite. They are not required to
credit each other's paper, unless it be issued in the ^^ immediate viei*
We have seen what is in this contract. Now let us see what m
moi there. It contains no stipulation for the preservation of the pub*
Ue morab.; none for the freedom of deetions ; none for the purity of
238 8PEKCHBS OF BEMRT CLAT.
the press. All these great interests, afler all that has been said agmintt
the Bank of the United States, are lefl to shift and take care of them-
selves as they can. We have already seen the President of a bank
in a neighboring city, rushing impetuously to the defence of the Se-
cretary of the treasury against an editorial article in a newspaper,
although the '< venom of the shaft was quite equal to the vigor of the
bow." Was he rebuked by the Secretary of the treasury ? Was the
bank dUcharged from the public service ? Or, are mor als, the prem,
and elections, in no danger of contamination, when a host of banks
become literary champions on the side of power and the officers of
government ? Is the pali-iotism of the Secretary only alarmed when
the infallibility of high authority is questioned ? Will the Statee
silently acquiesce, and see the federal authority insinuating itself into
banks of their creation, and subject to their exclusive control ?
We have, Mr. President, a most wonderful financier at the head of
.lur treasury department. He sits quietly by in the cabinet, and wit-
nesses the contest between his colleague and the President ; sees the
conflict in the mind of that colleague between his personal attach-
ment to the President on the one hand, and his solemn duty to the
public on the other. Beholds the triumph of conscientious obligation ;
contemplates the noble spectacle of an honest man, preferring to snr*
render an exalted office with all its honors and emoluments, rather
than betray the interests of the people. Sees the contemptuous and
insulting expulsion of that colleague from office ; and then coolly en-
ters the vacated place, without the slightest sympathy or the small-
est emotion. He was installed on the 23d of September, and by the
26th, the brief period of three days, he discovers that the government
of the United States had been wrong from its origin ; that every one
of his predecessors from Hamilton down including Gallatin (who,
whatever I said of him on a former occasion, and that I do not mean
to retract, possessed more practical knowledge of currency, banks,
and: finance, than any man I have ever met in the public councils,)
Dallas, and Crawford had been mistaken about both the expediency
and constitutionality of the baik, that every chief magistrate, prior to
him whose patronage he enjoyed, had been wrong ; that the supreme
court of the United States, and the i)eople of the United States, dur-
ing the thirty-seven years that they had acquiesced in or recognised
the usefulness of -a bank, were all wrong. And opposing his single
opinion to their united judgments, he dismisses the bank, scatters the
OR THa RKMOTAL OP THE DKP08ITE8. 290
public money, and underUkes to regulate and purify the public mo-
rab, the public press, and popular elections.
If we examine the operations of this modem Turgot, in their finan-
cial bearing merely, we shall find still less for approbation.
1. He withdraws the public moneys, where, by his own deliberate
adn^ission, they were perfectly safe, with a bank of thirty-five mill-
ions of capital, and ten millions of specie, and places them at great
hazard with banks of comparatively small capital, and but little spe-
cie, of which the Metropolis bank is an example.
2. He withdraws them from a bank created by, and oyer which
the federal government had ample control, and puts them in other
banks, created by different governments, and over which it has no
control.
3. He wiU^raws them from a bank in which the American peo-
ple as a stocxholder, were drawing their fair proportion of interest
accruing on loans, of which those deposites formed the basis, and puts
them where the people of the United States draw no interest.
4. From a bank which has paid a bonus of a million and a half,
which the people of the United States may be now liable to refund,
and puts them in banks which have paid to the American people no
bonus.
5. Depreciates the Talue of stock in a bank, where the general
government holds seven millions, and advances that of banks in whose
stock it does not hold a doUan^ and whose aggregate capital does
not probably much exceed that very seven millions. And, finally,
6. He dismisses a bank whose paper circulates, in the greatest
credit tfanragfaout the Union and in foreign countries, and engages in
tfie public service banks whose paper has but a limited and local cir-
culation in their ^' immediate yicinities.'^
These are immediate and inevitable results. How much that largt
and long-atanding item of unavailable funds, annually reported to
•P
230 spiechu of hbnrt clat.
CoDgreM, will be swelled and extended, remains to be developed by
time.
And now, Mr. President, what, under all these circumstances, is it
our duty to do ? Is there a senator, who can hesitate to affirm, in
the language of the resolution, that the President has assumed a dan-
gerous power over the treasury of the United States not granted to
him by the constitution and the laws ; and that the reasons assigned
for the act, by the Secretary of the treasury, are insufficient and un-
satisfactory ?
The eyes and the hopes of the American people are anxiously
turned to Congress. They feel that they have been deceived and in-
sulted ; their confidence abused ; their interests betrayed ; and their
liberties in danger. They see a rapid and alarming concentration of
all power in one man^s hands. They see that, by the exercise of the
positive authority of the executive, and his negative power exerted
over Congress, the will of one man alone prevails, and governs the
Republic. The question is no longer what laws will Congress pass,
but what will the executive not veto ? The President, and not Codp
gress, is addressed for legislative action. We have seen a corpora-
tion, charged with the execution of a great national work, dismiss an
experienced, feithful and zealous President, afterwards testify to his
ability by a voluntary resolution, and rewaid his extraordinary servi-
ces by a large gratuity, and appoint in his place an executive favor-
ite, totally inexperienced and incompetent, to propitiate the Presi-
dent. We behold the usual incidents of approaching tyranny. The
land is filled with spies and informers ; and detraction and denuncia-
tion are the orders of the day. People, especially official incumbents
in this place, no longer dare speak in the fearless tones of manly firee-
men, but in the cautious whispers of trembling slaves. The premoni-
tory symptoms of despotism are upon us ; and if Congress do not ap-
ply an instantaneous and effective remedy, the fatal collapse will soon
come on, and we shall die — ignobly die ! base, mean, and abject slayet
—the scorn and contempt of mankind — ^unpitied, unwept, unmoomed !
ON THE STATE OF THE COUNTRY.
In thk Ssnate or tub United States^ Maach 7, 1834.
{Od preeenting certain memoriak preying for relief from the effects of the Removal
of the Depoaite8» Mr. Clay said—]
I have been requested by the committee from Philadelphia, charg-
ed with presenting the memorial to Congress, to say a few words on
the subject ; and although after the ample and very satis&ctory ex-
position which it has received from the Senator fix>m Massachusetts,
further observations are entirely unnecessary, I cannot deny myself
the gratification of complying with a request, proceeding from a
source so highly worthy of reqpectfiil consideration.
And what is the remedy to be provided for this most unhappy state
of the country ? I have conversed freely with the members of the
Philadelphia committee. They are real, practical, working-men ;
intelligent, well acquainted with the general condition, and with the
sufferings of their particular community. No one, who has not a
heart of steel, can listen to them, without feeling the deepest sym-
pathy for the privations and sufierings unnecessarily brought upon
the laboring classes. Both the committee and the memoritd declare
that their reliance is, exclusively, on the legislative branch of the
government. Mr. President, it is with subdued feelings of the pro-
foundoit humility and mortification, that I am compelled to say that,
constituted as Congress now is, no relief will be afforded by it, unless
its members shall be enlightened and instructed by the people them-
selves. A large portion of the body, whatever may be their private
judgment upon the course of the President, believe it to be their-
duty, at all events safest for themselves, to sustain him without re-
gfard to the consequences of his measures upon the public interests.
And nothing but clear, decided an4 unequivocal demonstrations of
932 8PKBCHS8 or HSSfRT CLAT.
the popular disapprobation of what has been done^ will divert theni
from their present purpose.
But there is another quarter which possesses sufficient power a&d
influence to relieve the public distresses. In twenty-four hours, the
executive branch could adc^t a measure which would a£R>rd an efll*
cacious and substantial remedy, and re-establish confidence. And
those who, in this chamber, support the administration, could not
render a better service than to repair to the executive mansion, and,
placing before the chief magistrate the naked and undisguised truths
prevail upon him to retrace his steps and abandon his fatal experi-
ment. No one, sir, can perform that duty with more propriety thaD
yourself. You can, if yc u will, induce him to change his course.
To you, then, sir, in no unfriendly spirit, but with feelings softened
and subdued by the deep distress which pervades every class of our
countrymen, I make the appeal. By your official and personal relap>
tionswith the President, you maintain with him an intercourse which
I neither enjoy nor covet. Go to him and tell him, without exagge*
ration, but in the language of truth and sincerity, the actual condi*
tion of his bleeding country. Tell him it is nearly ruined and utt-
done by the measures which he has been induced to put in operation.
Tell him that hi$ experiment is operating on the nation like the phi-
losopher's experiment upon a convulsed animal, in an exhausted re-
ceiver, and that it must expire in agony, if he does not pause, give it
free and sound circulation, and suffer the energies of the people to
be revived and restored. Tell him that, in a single city, more than
sixty bankruptcies, involving a loss of upwards of fifteen millions of
dollars, have occurred. Tell him of the alarming decline in the
value of all property, of the depreciation of all the products of in-
dustry, of {he stagnation in every branch of business, md of the dose
of numerous manufacturing establishments, which, a few short
months ago, were in active and flourishing operation. Depict to him^
if you can find language to portray, the heart-rending wretchedncvs
of thousands of the working classes cast out of employment. Tell
him of the tears of helpless widows, no longer able fo earn their
bread, and of unclad and unfed orphans who have been driven, by Yob
policy, out of the busy pursuits in which but yesterday they were
gaining an honest livelihood. Say to him that if firmness be honor*
able, when guided by truth and justice, it is intimately allied (•
another quAlity, of the moil pernicious tendem^, in the proeecotUNi
OH THX 8TATB OT THE COURTRT. 233
of an erroneous system. Tell him how much more true glory is to
be won by retracing false steps, than by blindly rushing on until his
country is overwhelmed in bankruptcy and ruin. Tell him of the
ardent attachment, the unbounded devotion, the enthusiastic grati-
tude towards him, so often signally manifested by the American peo-
ple, and that they deserve at his hands better treatment. Tell him
to guard himself against the possibility of an odious comparison with
that worst of the Roman emperors, who, contemplating with indl&r-
ence the conflagration of the mistress of the world, regaled himself
during the terriffic scene in the throng of his dancing courtiers. If
you desire to secure for yourself the reputation of a public benefactor)
describe to him truly the universal distress already produced, and the
certain ruin which must ensue from perseverance in his measures.
Tell him that he has been abused, deceived, betrayed, by the wicked
counsels of unprincipled men around him. Inform him that all ef-
forts in Congress to alleviate or terminate the public distress are par-
alyzed and likely to prove totally unavailing, from his influence upon
a large portion of the members, who are unwilling to withdraw their
support, or to take a course repugnant to his wishes and feelings.
Tell him that, in his bosom alone, under actual circumstances, does
the power abide to relieve the country ; and that, unless he opens it
to conviction, and corrects the errors of his administration, no human
imagination can conceive, and no human tongue can express, the
awful consequences which may follow. Intreat him to pause, and
to reflect that there is a point beyond which human endurance can-
ngt go ; and let him not drive this brave, generous, and patriotic peo-
ple to madness and despair.
Mr. President, unafiectedly indisposed, and unwilling as I am to
trespass upon the Senate, I could not decline complying with a re-
quest addressed to me by a respectable portion of my fellow citizens,
part of the bone and sinew of the American public. Like the Sena-
tor from Massachusetts, who has been entrusted with the presenta-
tion of their petition to the Senate, I found them plain, judicious,
sensible men, clearly understanding th^ own interests, and, with
the rest of the community, writhing under the operation of the mea-
sures of the execBtive. If I have deviated from the beaten track of
debate in the Senate, my apology must be found in the anxious solici-
tude which I feel for the condition of the country. And, sir, if I
shall have been soocessful in touching your heart, and exciting in 700
234 tmCHES OF HINRT CLAT.
a glow of patriotism, I shall be most happy. You can prerail upon
the President to abandon his ruinous course ; and, if you will exert
the influence which you possess, you will command the thanks and
the plaudits of a grateful people.
/ .{
ON THE STATE OF THE COUNTRY.
In ths Senate of the United States, March 14, 1834.
I AM charged with the pleasing duty of presenting to the Senate
the proceedings of a public meeting of the people, and two memori-
als, subscribed by large numbers of my fellow citizens^ in respect to
the exciting state of public afiairs.
The first I would offer are the resolutions of the young men of
Troy, assembled upon a call of upwards of seven hundred of their
number. I have recently visited that interesting city. It is one of
the most beautiful of a succession of fine cities and villages that de-
corate the borders of one of the noblest rivers of our country. In
spite of the shade cast upon it by its ancient and venerable sister and
neighbor, it has sprung up with astonishing rapidity. When I saw it
last fall, I never beheld a more respectable, active, enterprizing and
intelligent business community. Every branch of employment was
flourishing. Every heart beat high in satisfaction with present en-
joyment, and hopes from the prospect of future success. How sadly
has the scene changed ! How terribly have all their anticipations of
continued and increasing prosperity been dashed and disappointed by
the folly and wickedness of misguided rulers !
The young men advert to this change, in their resolutions, and to
its true cause. They denounce all experiments upon their happiness.
They call for the safer councils which prevailed under the auspices
of Washington and Madison, both of whom gave their approbation to
charters of a Bank of the United States.
But, what gives to these resolutions peculiar interest, in my esti^
mation, is, that they exhibit a tone of feeling which rises far aboya
any loss of property, however great, any distress from the stagnation
of business, however intense. They manifest a deep and patriotic
236 8PSSCHES OF HKNRT CULT.
sensibility to executive usurpations, and to the consequent danger to
civil liberty. They solemnly protest against the union of the purse
and the sword in the hands of one man. They would not have con-
sented to such a union in the person of the father of his country,
much less will they in that of any living man. They feel that, when
liberty is safe, the loss of fortune and property is comparatively no-
thing ; but that when liberty is sacrificed, existence has lost all its
charms.
The next document which I have to offer is a memorial, signed by
near nine hundred mechanics of the city of Troy. Several of them
are personally known to me. And judging from what I know, see
and hear, 1 believed there is not any where a more skilful, indos*
trious and respectable body of mechanics than in Troy. They bear
testimony to the prevalence of distress, trace it to the legal acts €)i
the executive branch of the government in the removal of the public
deposites ; ask their restoration, and the recharter of the Bank of
the United States. And the committee, in their letter addressed to
me, say : << We are, what we profess to be, working men, dependent
upon our labor for our daily bread, confine our attention to our seve-
ral vocations, and trust in God and the continental Congress for such
protection as will enable us to operate successfully." '
The first mentioned depository of their confidence will not deceive
them. But I lament to say that the experience, during this sessioii|
does not authorize us to anticipate that co-operation in another quar-
ter which is indispensable to the restoration of the constitution and
laws, and the recovery of the public purse.
The last memorial I would present, has been transmitted to me
by the Secretaries to a meeting stated to be the largest ever held in
the county of Schenectady, in New York. It is signed by about
eight hundred persons. In a few instances, owing to the subscrip-
tions having been obtained by different individuals, the same name
occurs twice. The memorialists bring their testimony to the exis-
tence of distress, aud the disorders of the currency, and invoke the
application of the only known, tried and certain remedy, the estab-
lishment of a National Bank.
*
And now, Mr. President I will avail myself of the occasion to fiy
ON THS 8TATB 07 THE OOUITTRT. 287
a few words on the subject matter of these proceedmgs and memori-
ak) and on the state of the country as we found it at the commence-
ment of the session, and its present state.
When we met, we found the executive in the fuH possession of
the public treasury. All its barriers had been broken down, and in
place of the control of the law was substituted the uncontrolled will
of the chief magistrate. I say uncontrolled : for it is idle to pretend
that the executive has not unrestrained access to the public treasury,
when every officer connected with it is bound to obey his paratnoont
will. It ts not the form of keeping the account ; it is not the place
alone where the public money is kept ^ but it is the power, the au-
thority, the responsibility of independent officers, checking and check-
ed by each other, t^^at constitute the public security for the safety of
the public treasure. This no longer exists, is gone, is annihilated.
The Secretary sent us in a report containing the reasons (if they
can be dignified with that appellation) for the executive seizure of
the public purse. Resolutions were promptly offered in this body,
denouncing the procedure as unconstitutional and dangerous to liber-
ty, and declaring the total insufficiency of the reasons. Near three
months were consumed in the discussion of them. In the early part
of this protracted debate, the supporters of distress, pronounced it a
panic got up for dramatic effect, and affirmed that the country was
enjoying great prosperity. Instances occurred of members asserting
that the places of their own residence was in the full enjoyment of
enviable and unexampled prosperity, who, in the progress of the de-
bate, were compelled reluctantly to own their mistake, and to admit
the existence of deep and intense distress. Memorial after memorial
poured in, committee after committee repaired to the capitol to re-
present the sufferings of the people, until incredulity itself stood re-
buked and abashed. Then it was the Bank that had inflicted the
calamity upon the country — ^that Bank which was to be brought un-
der the feet of the President, should proceed forthwith to wind up
its affitirs.
And, during tfi6 debate, it was again and again pronounced by the
partisans of the executive, that the sole question involved in the
resolutionB was bank or no bank. It was in vain that we protested,
a^livtndy protested, that that was not the question ; and that tha
Q3B . tPSBCHfiS OF UftlTBT CLAT.
true question was of immensely higher import ; that it comprehended
the inviolability of the constitution, the supremacy of the laws, aiid
the union of the purse and the sword in the hands of one man. In
vain did members repeatedly rise in their places, and proclaim their
intention to vote for the restoration of the deposites, and their settled
determination to vote against the recharter of the Bank, and againat
the charter of any Bank. Gentlemen persisted in asserting the iden-
tity of the bank question, and that contained in the resolutions ; and
thousands of the people of the country are, to this moment, deluded
by the erroneous belief in that identity.
Mr. President, the arts of power and its minions are the same in
all countries and in all ages. It marks a victim ; denounces it ; and
excites the public odium and the public hatred, to conceal its own
abuses and encroachments. It avails itself of the prejudice, and the
passions of the people, silently and secretly, to forge chains to en-
slave the people.
Well, sir, during the continuance of the debate, we have been told
over and over again, that, let the question of the deposites be settled,
let Congress pass upon the report of the Secretary, and the activity
of business and the prosperity of the country will again speedily re-
vive. The Senate has passed upon the resolutions, and has done its
duty to the country, to the constitution, and to its conscience.
And the report of the Secretary has been also passed upon in the
other house ; but how passed upon ? The official relations which
exist between the two houses, and the expediency of preserving good
feelings and harmony between them, forbid my saying all that I feel
on this momentous subject. But I must say, that the House, by the
constitution, is deemed the especial guardian of the rights and inte-
rests of the people ; and, above all, the guardiaik of the people's mo-
ney in the public treasury. The House has given the question of the
sufficiency of the Secretary's reasons the go-by, evaded it, shunned
it, or rather merged it, in the previous question. The House oi Re*
presentatives have not ventured to approve the Secretary's reasons.
It cannot approve them ; but, avoiding the true and original question,
has gone off upon a subordinate and collateral point. It has indirect-
ly sanctioned the executive usurpation. It has virtually abandoned
its constitutional care alid control over the public treasury. It haa
ON THE STATS OF THS COUNTRY. 239
•ufrendered the keys, or rather permits the executive to retain their
custody $ and thus acquiesces in that conjunction of the sword and
the puise of the nation, which all experience has evinced, and all
patriots have helievedi to be fatal to the continuance of public liberty.
Such has been the extraordinary disposition of this great question.
Has the promised relief come ? In one short week, after the house
pronounced its singular decision, three Banks in this District of Co-
lumbia have stopped parent and exploded. In one of them the
goyernment has, we understand, sustained a loss of thirty thousand
dollars. And in another, almost within a stone's throw of the capi-
tol, that navy pension fund, created for our infirm and disabled, but
gallant tars, which ought to be held sacred, has experienced an ab-
straction of $20,000 ! Such is the realization of the prediction of
relief made by the supporters of the executive.
And what is the actual state of the public treasury ? The Presi-
dent, not satisfied with the seizure of it, more than two months be-
fore the commencement of the session, appointed a second Secretaiy
of the treasury since the adjournment of the last Congress. We are
now in the fifth month of the session ; and in defiance of the sense
of the country, and in contempt of the participation of the Senate in
the appointing power, the President has not yet deigned to submit
the nomination of his Secretary to the consideration of the Senate.
Sir, I have not looked into the record, but, from the habitual prac-
tice of every previous President, firom the deference and respect which
they all maintained towards a co-ordinate branch of the government,
I venture to say that a parallel case is not to be found.
Mr. President, it is a question of the highest importance what is
to be the issue, what the remedy of the existing evils. We should
deal with the people openly, frankly, sincerely. The Senate stands
ready .to do whatever is incumbent upon it ; but unless the majority
in the House will relent , unless it will take heed of and profit by
recent events, there is no hope ioa^ the nation from the joint action of
the two Houses of Congress at this session. Still, I would say to
my countrymen, do not despair. You are a young, brave, intelligent
and as yet a firee people. A complete remedy for all that you suffer,
and all that you dread, is in your own hands. And the events, to
which I have just alluded, demonstrate that those of us have not
940 8PKSCHK8 OF HKNRT CLAT.
been deceived who have always relied upon the Tirtue, the capacity,
and the intelligence of the people.
I congratulate you, Mr. President, and I hope you will receive the
congratulation with the same heartfelt cordiality with which I tender
it, upon the issue of the late election in the city of New York. I
hope it will excite a patriotic glow in your bosom. I congratulate
the Senate, the country, the city of New York, the friends of liberty
every where. It was a great victory, k must be so regarded in
every aspect. From a majority of more than six thousand, which
the dominant party boasted a few months ago, if it retain any, it is a
meagre and spurious majority of less than two hundred. And the
whigs contended with such odds against them. A triple alliance of
atate placemen, corporation placemen and federal placemen, amoant-
ing to about thirty-five hundred, and deriving, in the form of salarieBi
compensations and allowances, ordinary and extra, from tho public
chests, the enormous sum, annually, of near one million of dollars.
Marshalled, drilled, disciplined, comtnanded. The struggle was tre-
mendous ; but what can Withstand the irresistible power of the vota-
ries of truth, liberty, and their country ? It was an immortal tiiumph
— a triumph of the constitution and the laws over usurpation here,
and over clubs and bludgeons and violence there.
Gro on, noble city ? Go on, patriotic whigs ! follow up your gjio*
rious commencement ; persevere, and pause not until you have re-
generated and disenthralled your splendid city, and placed it at the
head of American cities devoted to civil liberty, as it now stands pre-
eminently the first as the commercial emporium of our commoB
country ! Merchants, mechanics, traders, laborers, never cease to
recollect that, without freedom, you can have no sure commerce or
business ; and that without law you have no security for personal
liberty, property, or even existence ! Countrymen of Tone, of Em*
met, of Macneven, and of Sampson, if any of you have been dec^v-
ed, and seduced into the support of a cause dangerous to Amepcan
liberty, hasten to review and correct your course ! Do not forget
that you abandoned the green fields of your native island to esci^
what you believed the tyranny of a British king ! Do not, I adjure
you, lend yourselves, in this land of your asylum, this last retreat of
the freedom of man, to the establishment here, for you, and for na all,
of that despotism which you had proudly hoped had been left behind
Ojr THE 8TA1V OT THC COUNTRT. Ml
joU| in Europe, forever ! There it iniiehy I would fain belieTe, in
the coDititutioDBl forms of goverainent. But at last it is its parental
and beneficent operation that must fix its character. A government
may in form be free, in practice tyrannical ; as it may in form be des-
potic, and in practice liberal and free.
It was a brilliant and signal triumph of the whigs. And they have
assumed for themselves, and bestowed on their opponents, a demon-
stration which, according to all the analogy of history, is strictly cor^
rect. It deserves to be extended throughout the whole country.
What was the origin, among our British ancestors, of those appella-
tions ? The tories were the supporters of executive power, of royal
prerogative, of the maxim that the king could do d/o wrong, of the
detestable doctrines of passive obedience and non-resistance. Th^
whigs were the champions of liberty, the friends of the people, and
the defenders of the power of their representatives in the House of
Commons.
During our revolutionary war, the tories took sides with executi?e
power and prerogative, and with the king, against liberty and inde-
pendence. And the whigs, true to their principles, contended against
royal executive power, and for freedom and independence.
And what is the present but the same contest in another form ?
The partisans of the present executive sustain his power in the most
boundless extent. Xhey claim for him all executive authority.
They make his sole will the governing power. Every officer con-
cerned in the administmtion, from the highest to the lowest, is to
conlbhn to his mandates. Even the public treasury, hitherto regard-
ed as sacred, and beyond his reach, is placed by them under his oi-
tire direction and control. The whigs of the present day are oppos-
ing executive encroachment, and a most alarming extension of ex-
ecutive power and prerogative. They are ferreting out the abuses
and corruptions of an administration, under a chief magistrate who is
endeavoring to concentrate in his own person the whole powers of
government They are contending for the rights of the people, for
civil liberty, for free institations, for the soprenmcy of the constitu-
tion and the laws. The contest is an arduous one ; but, although
the straggle may be yet awhile prolonged, by the blessing of Ood
aad the qpirilMf ow aaeeitofBY tha iMae caoBDi be doob^
d4d 1PKSCBI8 OF RElOtT CLAT.
The Senate stands in the breach, ready to defend the constitntioii,
and to relieve the distresses of the*people. Bat, without the cod-
corience of another branch of Congress, which ought to be the first
to jieid it, the Senate alone can send forth no act of legislation. Un
aided, it can do no positive good ; but it has vast {Nreventive power.
It may avert and arrest evil, if it cannot rebuke usurpation. Sena*
tors, let us remain steadily by the constitution and the country, in
this most portentous crisis ; let us oppose, to all encroachments and
to all corruption, a manly, resolute and uncompromising resistance ,
let us adopt two rules from which we will never deviate, in deliber*
ating upon all nominations. In the first place, to preserve untarnish-
ed and unsuspected the purity of Congress, let us negative the nomi*
nations of every member for any office, high or low, foreign or do-
mestic, until the authority of the constitution and laws is fully re-
stored. I know not that there is any member of either house capable
of being influenced by the prospect of advancement or promotion , I
would be the last to make such an insinuation ; but suspicion is
abroad, and it is best, in these times of trouble and revolution, to de-
fend the integrity of the body against all possible imputations. For
one, whatever others may do, I here deliberately avow my settled
determination, whilst I retain a seat in this chamber, to act in con-
formity to that rule. In pursuing it, we but act in consonance with
a principle proclaimed by the present chief magistrate himself when
out of power ! But, alas ! how little has he respected it in power .'
How little has he, in office, conformed to any of the principles which
he announced when out of office !
And, in the next place, let us approve of the original nomination
of no notorious brawling partisan and electionterer ; but, especially,
of tne reappointment of no officer presented to us, who shall have
prostituted the influence of his office to partisan and electioneering
purposes. Every incumbent has a clear right to exercise the elee*
tive franchise. I would be the last to controvert or deny it. But he
has no right to employ the inflnence of his office, to exercise an agen-
cy which he holds in trust for the people, to promote his own selfish
or party purposes. Here, also, we have the authority of the present
chief magistrate for this rule ; and the authority of Mr. Jefllerson.
The Senator from Tennesee (Mr. Grundy) merits lasting praiae for
his open and manly condemnation of these practices oi official incmn*
bents. He was right, when he declared his suspicioii and distmat of
OH THS 8TATB Of THE C0U9TRT.
243
/
the purity of the motives of any officer whom he saw busily interfer-
iog in the elections of the people.
Senators ! we have a highly responsible and arduous position ; but
the people ate with us, and the path of duty lies clearly marked be-
fore us. Let us be firm, persevering and unmoved. Let us perform
our duty in a manner worthy of our ancestors — ^worthy of American
Senators — ^worthy of the dignity of the sovereign States that we re-
present— above all, worthy of the name of American freemen ! Let
us '< pledge our lives, our fortunes, and our sacred honor," to rescue
our beloved country from all impending dangers. And, amidst the
genera] gloom and darkness which prevail, let us <pntinue to present
one unextinguished light, steadily burning, in the cause of the people,
ef the constitution, and of dvil liberty.
I
ON OUR RELATIONS WITH FRANCE.
Iv THE Senate of the United States, January 14, 1835.
[General Jackson haying in a Special Message recommended the adoption of ex*
treme measarea, or the conferring on the Executive of power to adopt such mea*.
ores against France, in case her government did not promptly comply wkh her Miii>
istry's stipulation to pay us 25,000,000 francs in satisfaction of our claims, Mr.
Clat, from the Committee on Foreign Relations, reported the followiag resobi*
tion:
Badved, That it is inexpedient, at this time, to pass an}r law vesting in the .. .««^
dent anthority for making reprisals upon Frenen property, in the contingencv of pio-
viaion not bemg made for paying to the United States tne indemnity Btipuibtea by
the treaty of 1831, during the present session of the French Chambeis.
The question being on agreeing to this resolution, Mr. Clay said :]
It is not my purpose, at the present stage of consideration of Htm
resolution, and I hope it will not be necessary at any stage, to say
much with the view of enforcing the arguments in its fevor, which
are contained in the report of the committee. In the present posture
of our relations with France, the course which has appeared to me
and to the committee most expedient being to await the issue of those
deliberations in the French Chambers which may even at this mo-
ment be going on, it would not be proper to enter at large, at the
present time, into all the particulars touched upon \m the report. On
all questions connected with the foreign affairs of the country, difi^
ences of opinion will arise, which will finally terminate in whateTer
way the opinion of the people of this country may so tend as to in-
fluence their representatives. But, whenever the course of things
shall be such that a rupture shall unfortunately take place between
this country and any foreign country, (whether France or any other)
I take this opportunity of saying that, from that moment, whateTer
of energy or ability, whatever of influence I may possess in my coun-
try, shall be devoted to the carrying on that war with the utnost
vigor which the arms and resources of the United States can give -to
09 001 RXLAtlOirS WITH nAllCE. 245
it. I will not anticipate* howeyer, tiich a state of things — nay, I
feel yery confident that snch a rupture will not occur between the
United States and France.
With respect to the justice of our claim upon France for payment
of the indemnity stipulated by the treaty, the report of the committee
is in entire concurrence with the executive. The opinion of the com-
mittee is that the claims stipulated to be paid are founded in
justice ; that we must pursue them ; that we must finally obtain sat-
isfaction for them, and, to do so, must, if necessary, employ such
means as the law of nations justifies and the constitution has placed
within our power. On these points there is no diversity of sentiment
between the committee and the President ; there could be no diver-
sity between either the committee or the President and any American
citizen.
In all that the President has said of the obligation of the French
government to make the stipulated provision for the claims,' the com-
mittee entirely concur. If the President, in his message, after making
his statement of the case, had sto^d there, and abstained from the
recommendation of any specific measure, there could not have been
possibly any diversity of opinion on the subject between him and any
portion of the country. But when he declares the confidence which
he entertains in the French government ; when he expresses his con-
viction that the executive branch of that government is honest and
aincere in its professions, and recites the promise by it of a renewed
efibrt to obtain the passage of a bill of appropriation by the French
Chambers, it did appear to the committee inconsistent with these pro-
fessions of confidence, that they should be accompanied by the recom-
mendation of a measure which could only be authorized by the con-
viction that no confidence, or, at least, not entire confidence, could be
placed in the declaration and professions of the French government.
Confidence and distrust are unnatural allies. If we profess confidence
anywhere, especially if that confidence be but for a limited period, it
should be unaccompanied with any indication whatever of distrust-^
* confidence fiill, free, frank. But to say, as the President, through
our minister, has said, that he will await the issue of the deliberations
of the Chambers, confiding in the sincerity of the king, and this, too,
after hearing of the rejection of the first bill of appropriation by the
Chamben, and now, at the very moment when the Chaittbm are
^46 •PIECHM Of HBNBT CLAY,
about deliberating on the subject, to throw out in a message to Cod*
gress what the President himself considered might possibly be riewed
as a menace, appeared to the committee, with all due deference to the
executive, and to tbe high and patriotic purposes which may be sap-
posed to have induced the recommendation, to be inconsistent to such
a degree as not to be seconded by the action of Congress. It alaoap-
peared to the committee, after the distinct recommendation by tbe
President on this subject, that there should be some expression of the
sense of Congress in regard to it. Such an expression is proposed bj
the resolution now under consideration.
In speculating upon probabilities in regard to the course of the
French government, in reference to the treaty, four contingenciefl
might be supposed to arise : First, that the French government may
have made the appropriation to carry the treaty into effect before the
reception of the President's message : Secondly, the Chambers may
make the appropriation after the reception of the President's message,
and notwithstanding the reconunendation on this subject contained in
it : Thirdly, the Chambers may, in consequence of that recommen-
dation, hearing of it before they shi^ have acted finally on the sub*
ject, refuse to make any appropriation until what they may consider
a menace shall have been explained or withdrawn : Or, fourthly, they
may, either on that ground, or on the ground of dissatisfaction with
the provisions of the treaty, refuse to pass the bill of appropriation.
Now, in any of these contingencies, after what has passed, an expres-
sion of the sense of Congress on the subject appears to me indispen-
sable, either to the passage of the bill, or the subsequent payment of
the money, if passed.
Suppose the bill to have passed before the reception of the
and the money to be in the French treasury, it would throw upon
the king a high responsibility to pay the money, unless the recom-
mendation of the message shpuld be explained or done away; or at
any rate unless a new motive to the execution of the treaty should be
furnished in the fact that the two Houses of Congress, having consid*
ered the subject, had deemed it inexpedient to act until the French
Chambers should have had an opportunity to be heaid from. In the
second contingency, that of the passage of a bill of appropriation after
receiving the message, a vote of Congress, as proposed, would be
soothing to the pride of France, and calculated to continue that good
OH OUR miLATTOiri WITH nUHCB. 5M7
mderatanding which it must be the sincere desire of every citizen of
the United States to cultivate with that country. If the Chambers
diall have passed the bill, they will see that though the President of
the'Utiited States, in the prosecution of a just claim, and in the spirit
of sustaining the rights of the United States, had been induced to
recommend the measure of reprisals, yet that a confidence was enter*
tained in both branches of (Congress that there would be a compliance,
on the part of the French government, with the pledges it had given
&c. In that contingency, the expression of such a sentiment by Con-
gress could not but have a happy effect. In the other contingency
supposed, also, it is indispensable that some such measure should be
adopted. Suppose the bill of appropriation to be rejected, or its pas-
sage to be suspended, until the Chambers ascertain whether the
recommendation by the President is to be carried out by the passage
of a law by Congress, a resolution like this will furnish the evidence
desired of the disposition of Congress.
If, indeed, upon the reception of the President's message the Cham
hers shall have refused to make the appropriation, they will have put
themselves in the wrong by not attending to the distribution of the
powers of this government, and informing themselves whether those
branches which alone can give efiect to the President's recommenda-
tion, would respond to it. But, if they take the other course sug-
gested, that of suspending action on the bill until they ascertain
whether the legislative department of the government coincides with
the executive in the contingent measure recommended, they will
then find thatthe President's recommendation — the expression of the
opinion of one high in authority, indeed, having a strong hold on the
aflfections and confidence of the people, wielding the executive power
of the nation — but still an inchoate act, having no effect whatever
without the legislative action — had not been responded to by Con-
gress, &c. Thus under all contingencies happening on the other side
of the water, and adapted to any one of those contingencies, the pas-
sage of this resolution can do no mischief in any event, but is eminently
calculated to prevent mischief, and to secure the very object which
the President doubtless proposed to accomplish by his reconmiendation.
I will not now consume any more time of the House by further re-
marks, but will resume my seat with the intimation of my willingness
to modify the resolution in any manner, not changing its result,
948 0PSECH£9 OF HKNRY CLAY.
may be calculated to secure, what on such an occasion would be
highly desirable, the unanimous vote of the Senate in its &Yor. I
belieye it, however, all essential that tiiere should be a declaration
that Congress do not think it expedient, in the present state of the
relations between the United States and France, to pass any law
whatever concerning them.
[After brief remarks by seTeral other memben, the letolntion was stightlj ommL-
fied and passed by a unanimoas vote.]
I
OUR TREATMENT OF THE CHEROKEES.
Ih thk Ssnatb of the United Status Fxbbuart 14, 1836.
[The fiat for the Removal of the Cherokeesfrom their territory withu the Uuted
States haying gone forth, Mr. Clat presented to the Senate the memorial of tlioie
Indians, and accompanied it by the following Speech.
I HOLD in my handg^aiid beg leave to present to the Senate certaMi
resolutions and a memorial to the Senate and House <^ Representa-
tives of (he United States, of a Council met at Running Waters, con-
flisting of a portion of the Cherokee Indians. The Cherokees have a
country —if, indeed, it can be any longer called their country — ^whioh
is comprised within the limits of Greorgia, Alabama, Tennessee, and
South Carolina. They have a population which is variously estima-
ted, but which, according to the best information which I possess,
amounts to about fifteen thousand souls. Of this population, a por-
tion, believed to be much the greater part, amounting, as is estimated
to between nine and ten thousand souls, reside within the limits of
the State of Georgia. The Senate is well aware, that for several
years past it had been the policy of the general government to trans-
fer the Indians to the west of the Mississippi river, and that a portion
of the Cherokees have already availed themselves of this policy of
the government, and emigrated beyond the Mississippi. Oi those
who remain, a portion — a respectable, but also an inconsiderable por-
tion— are desirous to emigrate to the west, and a much larger portion
desire to remain on their lands, and lay their bones where rest those
of their ancestors. The papers which I now present emanate from
the minor portion of the Cherokees ; from those who are in favor of
emigration. They present a case which appeals strongly to the sym-
pathies of Congress. They say that it is impossible fi>r them to con-
tinue to live under laws which they do not understand, passed by
authority in which they have no share, promulgated in latiguage of
which nothing is known to the greater portion of them, and estab-
fisiuBg ndee for their goveninent entirely nnadapted to their natwe,
950 tPEECHBS OP HKNItT CULT.
education and habits. They say that destruction is hanging over
them if they remain ; that, their right of self-goyemment being de-
stroyed, though they are sensible of all the privations, and hardships,
and sufferings of banishment from their native homes, they prefer
exile with liberty, to residence in their homes with slavery. They
implore, therefore, the intervention of the general government to
provide for their removal west of the Mississippi, and to establiah
guaranties never hereafter to be violated, of the possession of tlie
lands to be acquired by them west of the Mississippi, and of the per*
petual right of self-government. This is the object of the resolutions
and petition which I am about to ofier to the Senate.
But I have thought that this occasion was one which called upon
me to express the opinions and sentiments which I hold in relation to
this entire subject, as respects not only the emigrating Indians, but
those also who are desirous to remain at home ; in short, to express
in concise terms, my views of the relations between the Indian tribes
and the people of the United States, the rights of both parties, and
the duties of this government in regard to them.
The rights of the Indians are to be ascertained, in the first place,
by the solemn stipulations of numerous treaties made with them fay
the United States. It is not my purpose to call the attention of the
Senate to all the treaties which have been made with Indian tribes
bearing on this particular topic : but I feel constrained to ask the at-
tention of the Senate to some portions of those treaties which have
been made with the Cherokees, and to the memorable treaty of
Greenville, which has terminated the war that previously thereto,
for many years, raged between the United States and the northwest-
em Indian tribes. I find, upon consulting the collection of Indian
treaties in my hand, that within the last half century, fourteen dittisr-
ent treaties have been concluded with the Cherokees, the first of
which bore date in the year 1775, and some one or more of which
have been concluded under every administration of the general
government, from the beginning of it to the present time, except the
present administration, and that which immediately preceded it. The
Jreaty of Hopewell, the first in the series was concluded in 1775 ; in
the third article of which << the said Indians for themselves, and their
respective tribes and towns, do acknowledge all the Cherokees to be
under the protection of the United States of America, iimdcfm^ other
OUR TVBATMSKTOP THE CHlBOKKBt. 261
Mevereign whaitoever.^^ The fifth article of the tame treaty proridea
that,
*' If any citizen of the United States, or other person, not being an Indian, shall
attempt to settle on any of the lands westw ard or sonthward of the said boandury^
which are hereby allotted to the Indians for their hunting grounds, or, having al-
ready settled, and will not remove from the same within six months after the ratifi-
cation of this treaty snch peison riiall forfeit the protection of the United States, and
the Indians may punish him or not, as thev please : provided nevertheless, that thif
article shall not extend to the people settled between the fork of French, Broad, aai
Holston riveis," Sec
The next treaty in the series, which was concluded after the esta-
blishment of the government of the United States, under the auspicea
of the father of his country, was in the year 179 1, on the banks of
the Holston, and contams the following provision :
*' Art. 7. The United States solemnly guarantee to the Cherokee nation all their
lands not hereby ceded."
This is not an ordinary assurance of protection, to., but a iokwm
guaranty of the rights of the Cherokees to the lands in questioD.
The next treaty to which I will call the attention of the Senate, was
concluded in 1794, also, under the auspices of General Washington,
and declares as follows :
*' The understracd llpnr}r Knox, Secretary for (he department of war, being au-
thorized thereto by the President of the United States, in behalf of the said Unittd
States, and the undersigned chiefs and warrio's, in their own names, and in behalf
of the whole Cherokee nation, are desirous of re-establishing peace and friendship
between the said parties in a permanent maimer, do hereby declare that the said
treaty of Holston i^. to all intents and purposes, in full force and binding upon the
said parties, as well in respect to boundaries therein mentioned, as in all other re*
^»ects whatever."
This treaty, it is seen, rtnewi the solemn guarantee contained in
the preceeding treaty, and declares it to be binding and obligatory
apon the parties in all respects whatever.
Again : in another treaty, concluded in 1798, under the second
Chief Magistrate of the United States, we find the following stipula-
tions: ^^
" Alt. 1. The treaties sabnsting between the present contracting parties are ao«
knowledged to be of full and operating force ; together with the construction and
■sage voder their respective articles, and so to eoatinne."
*' Art. S. The limits and boundaries of the Cherokee nation, as stipulated and
narked by the existing treaties between the parties shall be and remain the same,
where not altered by the present treaty."
There were other provisions, in other tieatieai to which, if I did*-
252 SFXKCHB8 OP HKNRT OLAT.
BOi intend to take up as little time as possible of the Senate, I might
advantageously call their attention. 1 will, however, pass on to one
of the last treaties with the Cberokees, which was concluded in the
year 1817. That treaty recognized the difference existing between
the two portions of the Cberokees, one of which was desirous to re-
main at home and prosecute the good work of civilization, in which
they had made some progress, and the other portion was desirous to
go beyond the Mississippi. In that treaty, the fifth article, afiei
several other stipulations, concludes as follows :
"And it is fnitheT stipulated, that the treaties heretofore between the Cherokee
nsnob aad the United Htates are to continue in fuU foree with both parts of the na-
tion, and both parts thereof entitled to all the privileges and immunities which the
old nation enjoyed under the aforesaid treaties ; the United States reserrinc the
right of establishing laciories, a military poet, and roads within the boundaries u»ove
defined."
And to this treaty, thus emphatically renewing the recognition of
the rights of the Indians, is signed the name as one of the Commis*
noners of the United States who negotiated it, of the present CSiief
Magistrate of the United States.
These were the stipulations in treaties with the Cherokee nation,
to which I thought proper to call the attention of the Senate. I
will now turn to the treaty of Greenville, concluded about forty yean
ago, recognizing some general principles applicable to this subject.
The fiflh article of that treaty reads as follows :
*• To prevent any misunderrtanding about the Indian lands relinquished by the
United States in the fourth article, it is now explicitiv declared, that the meanii^
of that relinquishment is this : the Indian tribes who nave a right to those lands are
quietly to e^joy them, hunting, planting, and dwelling thereon so ]onfi^ as ihey please,
witbont any molestation from the United States ; but when these tribes, or any of
them, shall be disposed to sell their lands, or any part of them, they are to be aold
only to the United States ; and, until such sale, tne United States will protect all the
said Indian tribes in the quiet enjoyment of their lands against all citizens of the
United States, and against all other white persons who intrude upon the same. And
the said Indian tribes again acknowledge themselves to be under the protection of
the said United Statesy and no other power whatever."
Such, sir, are the rights of the Indian tribes. And what are thoee
rights ? They are, that the Indians shall live under their own cus-
toms and laws ; that they shall live upon their own lands, huDting)
planting and dwelling thereon so long as they please, without inter-
ruption or molestation of any sort from the white people of the UnitodI
States, acknowledging themselves under the protection of the United
States, and of no other' power whatever ; that when they no longer
OUR nUUTMIVT or THE CHBBOKKSS. 853
w»h to keep the land*, they shall aell them only to the United Statae,
whose goyernment thoa aecures to iteelf the pre-emptive right of por-
chaae in them. These rights, so secured by succesaiye treaties and
gnamnties, have also been recognixed| on several occasionS| by the
highest judicial tribunals.
Udr. Gi^T here qnoted from an opiBioii o^ the Supreme Court a pfiagr dedans
that the Indians are acknowledged to hare an unquestionable and heretofore na-
questioned right to their land, nntil it ahaU be extinguished by Toluntarj ceanon to
this government.]
But it is not at home alone that the rights of the Indians within
the limits of the United States have been recognised. Not only has
the Executive, the Congress of the United States, and the Supreme
Court, recognised these rights, but in one of the most important
epochs of this government, and on one oi the most solemn occasions
in our intercourse with foreign powers, these rights of the Indian
tribes have been acknowledged. You, sir, will understand me at
once to refer to the negotiation between the government of Great
Britain and that of the United States, which had lor its object the
termination of the late war between the two countries. Sir, it must
be within your recollection, and that of every member of the Senate,
that the hinge upon which that negotiation turned — ^the ground upon
which it was for a long time apprehended that the conference be
tween the commissioners would terminate in a rupture of the nego-
tiation between the two countries — ^was, the claim brought forward
on that memorable occasion by Great Britain in behalf of the Indians
within the limits of the United States. It will be recollected that
she advanced, as a principle from which she would not recede, as a
ttna ^a acm, again and again, during the progress of the negotiati<Mi,
that the Indians as her allies, should be included in the treaty of peace
which the negotiators were about forming ; that they should have a
permanent boundary assigned them, and that neither Great Britain
nor the United States should be at liberty to purchase their lands.
Such were the pretensions urged on that occasion, which the com«
missioners of the United States felt it to be their imperative duty
to resist. To establish, as the boimdary, the line of the treaty of
Greenville, as proposed, which would have excluded from the
benefit of American laws and privileges a population of ixyt less than
a hundrM thousand of the inhabitanti of Ohio, American dtixens.
354 'flPKBOHn or hutbt olat.
titled to the protection of the govermnenty was a proposition which
the American negotiators could not for a moment entertain : thejr
would not even refer it to their government, though assured that it
would there meet the same unanimous rejection that it did firom them.
But it became a matter of some importance that a satisfactory assur-
ance should be given to Great Britain that the war, which we were
about to brin^ to a conclusion with her, should close also with her
allies : and what was that assurance ? I will not trouble the Senate
with tracing the whole account of that negotiation, but I beg leacve
to call your attention to one of the passages of it. You will find, on
examining the history of the negotiation, that the demand brought
forward by the British government, through their minister, on this
occasion, was the subject of several argumentative papers. Towanb
the close of this correspondence, reviewing the course pursued towards
the Aborigines by the several European powers which had planted
colonies in America, comparing it with that of the United States, and
contrasting the lenity, kindness and forbearance of the United States,
with the rigor and severity of other powers, the American negotiaton
expressed themselves as follows :
'* From the rigor of this syttem^ howeyer, as practiied by Great Britain, and all tkf
other Eoropean powers in America, the humane and li{>eral policy of the United
Slates has yoluntarily relaxed. A celebrated writer on the law o( nations, to whoae
authority British jurists have taken iwrticular satisfaction in appealing, after stating,
in the most explicit inanner, the le^Htimacy of colonial settlements in America,^to
the exclusion of all rights of uncivilized Indian tribes, has taken occasion to praiie
the first settlers of New England, and of the fonndcr of Pennsylvania, in haviqf
parchased of the Indians the lands they resolved to cultivate, notwithstanding their
being furnished with a charter from their sovereign. It is this example which the
United States, since they became by their independence the sovereigns of the terri-
tory, have adopted and organized inio a political $yttem. Under that sytttm the bi-
dians residing m the United States are so far independent that thty live under Clecr
mim cuttomsj and mot under the lavM tyfthe United Statee: that their rights^ upon the
lands where they inhabit or hunt are eecured to them by botmdarie$ defined in amiea-
Ue treaties between the United States and themselves ; and that wheneTrr tluwe
boundaries are varied, it is also by amicable and voluntary treaties, by which they
receive from the United States ample compensation for every right tney hav« to iba
tends ceded by them/* &c.
The correspondence was farther continued ; and finally the com-
missioners on the part of Great Britain proposed an article to which
the American commissioners assented, the basis of which is a decla-
ration of what is the state of the law between the Indian tribes and
the people of the United States. They then proposed a further arti-
cle, which declared that the United States should endeavor to restore
peace to the Indians who had acted on the side of Great Britain, to-
gether with all the rights, possessions, privileges and immunities which
otjR TBSATICIIIT OF THS CHSROKXXf . d56
they po89essed prior to the year 1811, that ia, antecedent to the
between England and the United States ; in consideration that Great
Britain would terminate the war so far as respected the Indians who
had been allies of the United States, and restore to them all the righto,
privil^es, possessions and immunities which these also had eiijoyed
previously to the same period. Mr. President, I here state my solemn
belief that, if the American commissioners had not declared the laws
between the Indians and the people of this country, and the rights of
the Indians to be such as they are stated to be in the extracts 1 have
read to the Senate ; if they had then stated that any one State of this
Union who happened to have Indians residing within its limits, pot-
sesspd the right of extending over them the laws of such State, and
of taking their lands when and how it pleased, that the effect wouU
have been a prolongation of the war. I again declare my most solemn
belief, that Great Britain, who assented with great reluctance to this
mutual stipulation with respect to the Indians, never would have done
it at all, but under a conviction of the correspondence of those prin-
ciples of Indian international law, (if I may use such a phrase) with
those which the United States government had respected ever since
the period of our independence.
Sir, if I am rjght in this, let me ask whether in adopting the new
code which now prevails, and by which the rights of the Indians
have been trampled on, and the most solemn obligations of treaties
have been disregarded, we are not chargeable with having induced
that power to conclude a peace with us by suggestions utterly un-
founded and erroneous ?
f ^
^. Most of the treaties between the Cherokee nation of Indians and
the United States have been submitted to the Senate for ratification,
aad the Senate have acted upon them in conformity with their con-
stitutional power. Besides the action of the Senate, as a legislative
body, in the enactment of laws in conformity with their stipulations,
regulating the intercourse of our citizens with that nation, it has acted
ia its separate character, and confirmed the treaties themselves by the
constitutional majority of two-thirds of its members. Thus have
those treaties been sanctioned by the government of the United States
and by every branch of this government ; by the Senate, the Execu-
tive, and the Supreme Court ; both at home and abroad. But not
only have the rights of the Cherokees received all these recognitioM ,
266 SFBKCHEt or HSVRT CLAT.
theyhftTB been, by implication, recognized by the Stste of Georgia
itielf, in the act of 1802, in which she stipulated that the goyemment
of the United States, and not the State of Georgia, should extingnLA
tbe Indian title to the land within her limits ; and the general govern-
ment has been, from time to time, urged by Georgia to comply
its engagements, from that period until the adoption of the late
policy upon this subject.
Having thus, Mr. President, stated, as I hope, with clearness, the
RIGHTS of the Indian tribes, as recognised by the most solemn MtB
that can be entered into by any goyemment, let me in the next plaoe
inquire into the nature of the injuries which have been inflicted upon
them ; in other words, into the present condition of the Cherokeea,to
whom protection has been assured as well by solemn treaties aa by
the laws and guaranties of the United States government
And here let me be permitted to say, that I go into this subject
with feelings which no language at my command will enable me ad-
equately to express. I assure the Senate, and in an especial manner
do I assure the honorable senators from Greorgia, that my wish and
purpose kB any other than to excite the slightest possible irritation on
ttie part of any human being. Far from it. I am actuated only by
feelings of grief, feelings of sorrow, and of profound regret, irresistibly
called forth by a contemplation of the miserable condition to which
these unfortunate people have been reduced by acts of legislation
proceeding from one of the States of this confederacy. I again assure
the honorable senators from Georgia, that, if it has become my pain-
fril duty to comment upon some of these acts, I do it not with any
desire to place them, or the State they represent, in an invidious po-
sition ; but because Georgia was, I believe, the first in the career,
the object of which seems to be the utter annihilation of every Indiu
right, and because she has certainly, in the promotion of it, far ont*
stripped every other State in the Union.
I have not before me the various acts of the State in reference to
the Indians within her bounds ; and it is possible I may be under
some mistake in reference to them ; and if I am, no one will correct
the error more readily or with greater pleasure.
If, however, I had all those laws in my hands, I should not mw
OUR TRSATHniT OF THE CHlBOKEIf. 257
sttempt to read them. Instead of this, it will be sufficient for me to
state the effects which have been produced by them upon the condi-
tion of the Cherokee Indians residing in that State. And here follows
a list of what has been done by her legislature. Her first act was to
abolish the goyernment of these Cherokees. No human community
can exist without a goyernment of some kind ; and the Cherokees,
imitating our example, and haying learned from us something of the
principles of a free constitution, established for themselyes a goyern-
ment somewhat resembling our own. It is quite immaterial to us
what its form was. They always had had some goyernment among
them ; and we guarantied to them the right of Hying under their own
laws and customs, unmolested by any one ; insomuch that our own
citizens were outlawed, should they presume to interfere with them.
What particular regulations they adopted in the management of their
humble and limited concerns is a matter with which we haye no
concern. Howeyer, the yery first act of the Greorgia legislature was
to abolish all goyemments of eyery sort among these people, and to
extend the laws and goyernment of the State of Greorgia oyer them.
The next step was to divide their territory into counties ; the next,
to sunrey the Cherdcee lands ; and the last, to distribute this land
among the citizens of C^rgia by lottery, giving to eyery head of a
fiunily one ticket, and the prize in land that should be drawn against
it. To be sure there were many reservations for the heads of Indian *
fiunilies ; and of how much did gentlemen suppose ? — ^f one hundred
and sixty acres only, and thb to include their improvements. But
eyen to this limited possession the poor Indian was to have no fee
simple title : he was to hold as a mere occupant at the will of the
State of Georgia for just as long or as short a time as she might think
proper. The laws at the same time gaye him no one particular right
whatever. He could not become a member of the State legislature,
nor could he hold any office under State authority, nor could he vote
as an elector. He possessed not one single right of a freeman. No,
not even the poor privilege of testifying to his wrongs in the charac-
ter of a witness in the courts of Georgia, or in any matter of contro-
ycrsy wh*tsoeyer. - f.
These, Mr. President are the acts of the legislature of the State of
Georgia, in relation to the Indians. They were not all passed at one
session ; they were enacted, time afler time, as the State advanced
fdrther und fbrther in her steps to the acquisitioQ of the Indian C9«n-
258 BPKKCHE8 OF HKNRY CLAY.
■
tiy, and the destruction and annihilation of all Indian rights, nntil,lrf
a recent act of the same body, the courts of the State itself are occla-
ded against the Indian sufferer, and he is actually denied an appeal
even to foreign tribunals, in the erection and in the laws of which lie
had no roice, there to complain of his wrongs. If he enters the hall
of Greorgia's justice, it is upon a surrender at the thteshold of all hia
rights* The history of this last law to which I have alluded, is this.
When the previous law of the State, dividing the Indian lands by
lottery was passed, some Indians made an appeal to one of the judges
of the State, and applied for an injunction against the proceeding ;
and such was the undeniable justice of their plea, that the judge found
himself unable to refuse it, and he granted the injunction sought It
was the injunction which led to the passage of this act : to some of — ;
the provisions of which I now invite the attention of the Senate. \
And first, to the title of the act : "^
** A bill to amend an act entitled an act more effectaally to protride forthe goven-
ment and protection of the Cherokee Indians residing within the limits of Georgia :
and to prescribe the bounds of their occupant claims : and also to authorise gmaip
to uane for lots drawn in the late land and gold lotteries."
Ah, sir, it was the pursuit of gold which led the Spanish invader
to desolate the fair fields of Mexico and Peru — *^ and to provide for
the appointment of an agent to carry certain parts thereof into exe-
cution ; and to fix the salary of such agent, and to punish those per*
sons who may deter Indians from enrolling for emigration, passed 2(Hh
December, 1833." Well, sir, this bill goes on to provide,
" That it shall be the dnty of the agent or agents a^*pointed by his excellency Ike
OoTemor, under the authority of this or the act of which it is amendatoiy, to report
to him the number, district, and section of all lots of land subject to be grantedTby
the provisions of said act, which he may be required to do by the drawer, or his
agent, or the person claiming the same; and it shall be the duty of his excellency
the Governor, upon the appUcation of the drawer of any of the aforesaid lota, his or
her special agents, or the person to whom the drawer may have bona-fide conveyed
the same, his agent or assigns, to issue a grant therefor ; and it shall be the duty of
the said agent or agents, upon the productions of the grant so issued as aforesaid Iw
toe grantor, his or her agent, or the person, or his or hor agent to whom the said land
so granted as aforesaid may have been bona-fide conveyM, to deliver possession q(
said granted lot to the said grantee, or person entitled to the possession of the same
under the provisions of this act, or the act of which this is amendatory, and his ex-
cellency the Governor is hereby authorized upon satisfactory evidence that the said
agent is impeded or resisted in delivering such possession, by a force which he can-
not overcome, to order out a sufficient force to carry the power of said agent or
agents fully into etfect, and to pay the expenses of the same out of the contingent
fund : provided nothing in this art shall be so construed as to require the interfereaoe
of the said agent lietween two or more individuals claiming possession, by virtue of
titles derived from a grant from the State to any lot.'
Thus after the State of Georgia had diitiboted the lands of the
OUR TRXATimrT OP Tin CBimOKBlt. 950
I
ladiaDs bj lottery, and the drawers of prizes were authorised to re-
eeiye grants of the land drawn, and with these grants in their hand
were authorized to demand of the agent of the State, appointed for
the purpose, to be pat in possesciion of the soil thus obtained ; and if
any resistance to their entry should be made — and who was to make
it but a poor Indian ? — the Governor was empowered to turn out the
military force of the State, and enable the agent to take possession by
force, without trial, without judgment, and without investigation.
But, should there be two claimants of the prize, should two of the
ticket holders dispute their claim to the same lot, then no military
force was to be used. It was only when the resistance was by an
Indian — it was only when Indian rights should come into coUisioi
with the alledged rights of the l^tate of Georgia, that the strong hand
of military power was instantly to interpose. ^
The next section of the act is in these words :
And be it fojiher enacted by the authority aforfsaid. That if any penon dims-
led of a lot of land under this act, or the act of which it is amvndatory. Bhallgo
befofe a justice of the peace or of the inferior court, and make affidavit tnat he or
•be was not liable to be dispossessed under or bv any of the provisions of this or the
aJbresatd act, and file said affidavit in the clerk^s office of ine superior court of the
ooonty in which said land shall lie, such peivon upon giving bond and security in the
clerk's office for the costs to accrue on the trial, shall be permitted within ten days
from such diflXMsessing to enter an appeal to said superior court, and at said court
^ judge shall cause an issue to be made up between the appellant and the person to
whom possession of said land was delivered by either or sud agents, which said
lane shall be in the following form.**
[Mr. Cuthbert, of Georgia, here interposed : and having obtained Mr. Clat*s
ooasentto explain, stated that he had unfortunately not been in the Senate when
ths honorable Senator commenced his speech ; but had learned that it was in m^
portof a memorial from certain Cherokee Indians in the State of Georgia, who de-
aired to emigrate. He must be permitted to say, that the current of the honorable
Senator's remarks did not suit remarkably well the subject of such a memorial. A
■leaBorinl of a different kind had been presented, and which the Committee on In-
Saik Affairs had before it, to which the Senator's remarks would better apply. The
present diacuiBion was wholly unexpected, and it seemed to him not in consasteney
widi the ofaieetof the memorial he had presented.]
I am tmly sorry the honorable gentleman was absent when I com-
menced speaking. I delayed presenting the memorial because I ob-
serred that neither of the Senators from Georgia were in their seats,
until the hour when they might be expected to be present, and when
one of them (Mr. King) had actuaUy taken his seat. If thehonora
d60 tPKBCHBI or HKNBT CLAY.
ble Senator had been preaent lie would hare heard me say that I
thought the preaentation of the memorial a fit occasion to express mj
oentiments, not only touching the rights of these individual petition-
ersi but on the rights of all the Indian tribes, and their relations to
this goyernment. And if he will have but a little patience he will
find that it is my intention to present propositions which go to era-
brace both resolutions.
And here, Mr. President, let me pause and invite the attention of
the Senate to the provision in the act of G^rgia which I was leading
—-that is, that he may have the privilege of an appeal to a tribund
of justice, by forms and by a bond with the nature and force of which
ha is unacquainted ; and that then he may have — ^what besides ? I
invoke the attention of the Senate to this part of the law. What, I
ask, does it secure to the Indian ? His rights ? The rights recog-
nized by treaties ? The rights guarantied to him by the most solenm
acts which human governments can perform ? No. It allows him
to come into the courts of the State, and there to enjoy the benefit
of the summary proceeding called in the act ^^ an appeal I" — ^but
which can never be continued beyond a second term ; and when lie
comes there, what then ? 'He shall be permitted to come into court
and enter an appeal, which shall be in the following form :
" A. B., who was dispotBessed of a lot of land by an agent of the State of Geoiaia*
comes into court, and admitting the right of the State of Georgia to pass the law
under which agent acted, avers that he was not liable to be dispossestu^d of said land,
by or under any one of the provisions of the act of the General Aesembly of Georgia,
passed 20th December. 1838, ' more effectually to provide for the protection of the
Cherokee Indians resiaing within the limits of'^ Georgia, and to prescribe the bounds
of their occupant claims, and also to authorize grants to issue for lots drawn in the
lud and gola lotteries in certain cases, and to provide for the appointment of aa
■gent to carry certain parts thereof into execution, and fix the salaiy of such agent,
and to punish those persons who may deter Indians from enrolling for emigration/
or the act amendatory thereof, passed at the session of the legislature of 1S34 : *it
which issue the person to whom possession of said land was delivered shall join :
and which issue shall constitute tne entire pleadings between the parties ; nor shall
the court allow any matter other than is contained m said iesue to be placed upon
the record or files of said court ; and said cause shall be tried at the first term ofthe
oonrt, unless good cause i^all be shown for a continuance, and the same party rhaO
not be permitted to continue said cause more than once, except for nnavoidabis
providential cause : nor shall said court at the instance of eirher party pass anr order
or grant any injunction to stay said cause, nor permit to be engrafted on said canas
any other proceedings whatever.' '*
At the same time we find, by another enactment, the jtidges of the
courts of Georgia are restrained from granting injunctions, so that the
only form in which the Indian can come before them is m the form
of an appeal ; and in this, the very first step is an absolute renuncia-
OUR TBK4TllBirT OF TBS CHKROKEIt. MI
titfn of the rights he holds hy treaty, and the unqualified admisakm
of the rights of his antagonist, as conferred hy the laws of Georgia ;
and the court is expressly prohibited from putting any thing else upon
^e record. Why ? Do we not all know the reason ? If the poor
Indian was allowed to put in a plea stating his rights, and the court
should then decide against him, the cause would go upon an appeal
to the supreme court ; the decision could be re-examined, could be
annulled, and the authority of treaties vindicated.' But, to prevent
this, to make it impossible, he is compelled, on entering the court, to
renounce his Indian rights, and the court is forbidden to put anything
on record which can bring up a decbion upon them.
Mr. President, I have already stated that, in the obaervations I have
made, I am actuated by no other than such as ought to be in the
breast of every honest man, the feelings of common justice. I would
say nothing, I would whisper nothing, I would insinuate nothing, I
would think nothing, which can, in the remotest degree, cause irrita-
tion in the mind of any one, of any Senator here, of any State in this
Union, I have too much respect for every member of the confederacy.
1 feel nothing but grief for the wretched condition of these most un-
fortunate people, and every emotion of my bosom dissuades me from
the use of epithets that might raise emotions which should draw the
attention of the Senate from the justice of their claims. I forbear to
apply to this law any epithet of any kind. Sir, no epithet is needed.
The features of the law itself ; its warrant for the interposition of
military power, when no trial and no judgment has been allowed ; its
'denial of any appeal, unless the unhappy Indian shall first renounce
ftis own rights, and admit the rights of his opponent — features such
as these are enough to show what the true character of the act is,
and supersede the necessity of all epithets, were 1 even capable of ^
'applying them.
' The Senate will thus perceive .that the whole power of the State
*of Georgia, military as well as civil, has been made to bear upon these
Indians, without their having any voice in forming, judging upon, or
executing the laws under which he is placed, and without even the
poor privilege of establishing the injury he may have suflere by In-
dian evidence : nay, worse still, not even by the evidence of a white
man ! Because the renunciation of his rights precludes all evidence,
irhite or black, eivilixed or savage. There then he lies, with his
•R
d6d tPBICHBS OP HKITRT CLAY.
pn^perty, his rights, and every privilege vrhich makes human
tence desirable, at the mercy of the State of Georgia ; a State, in
whose government or laws he has no voice. Sir, it is impossible fior
the most active imagination to conceive a condition of human socie^
more perfectly wretched. Shall I be told that the condition of the
African slave is worse ? No, sir ; no, sir. It is not worse. The m-
terest of the master makes it at once his duty and his inclination to
provide for the comfort and the health of his slave : for without these
he would be unprofitable. Both pride and interest render the master
prompt in vindicating the rights of his slave, and protecting him from
the oppression of others, and the laws secure to him the amplest
m^ans to do so. But who, what human being, stands in the relatioa
of master or any other relation, which makes him interested in the
preservation and protection of the poor Indian thus degraded and mis-
erable ? Thrust out from human society, without the sympathies of
any, and placed without the pale of common justice, who is there Ip
protect him, or to defend his rights ^ (
Such, Mr. President, is the present condition of these Cherokee
memorialists, whose case it is my duty to submit to the consideration
of the Senate. There remains but one more inquiry before I con-
clude. Is there any remedy within. the scope of the powers of the
federal government as given by the constitution } If we are withool
the power, if we have no constitutional authority, then we are also
without responsibility. Our regrets inky be excited, our sympathies
may be moved, our humanity may be shocked, our hearts may be
grieved, but if our hands are tied, we can only unite with all the good,
the Christian, the benevolent portion of the human family, in deplor-
ing what we cannot prevent.
i'
But, sir, we are not thus powerless. I stated to the Senate, whes
I began, that there are two classes of, the Cherokees ; one of these
classes desire to emigrate, and it was their petition I presented this
morning, and M-ith respect to these, our powers are ample to afibcd
them the most liberal and effectual relief. They wish to go beyond
the Mississippi, and to be guarantied in the possession of the country
which may be there assigned to them. As the Congress of the United
States have full powers over the territories, we may give them aB
the guaranty which Congress can express for the undisturbed poe*
session of their lands. With respect to their case there can be jm>
question as to our powers.
OUR mATMlVT or THE CHESOKEES. 868
And then, as to those i?ho desire to remain on this side the river,
1 ask again, are we powerless ? Can we afibrd them no redress ?
Must we sit still and see the injury they suffer, and extend no hand
to relieve them ? It were strange indeed, were such the case. Why
have we guarantied to them the enjoyment of their own laws ?
Why have we pledged to them protection? Why have we as-
signed them limits of territory? Why have we declared that
they shall enjoy their homes in peace, without molestation from any r
If the United States government has contracted these Serious ohliga-
lions, it ought, bef6re the Indians were reduced hy our assurances to
rely upon our engagement, to have explained to them its want of
authority to make the contract. Before we pretend to Great Britftin,
to Europe, to the civilized world, that such were the rights we would
secure to the Indians, we ought to have examined the extent and the
grounds of our own rights to do so. But is such, indeed, our situa-
tion ? No, sir. Georgia has shut her courts against these Indians.
What is the remedy ? To open ours. Have we not the right ?
What says the constitution ?
" The JTidicial power shall extend to all cases in law and equity, arisinf iiii<ler
this constitution, the laws of the United States, and treaties made or which shall
be made under their aathority.*'
But here is a case of conflict between the rights of the proprie-
ton and the local laws ; and here is the very case which the consti-
tntion contemplated, when it declared that the power of the federal
judiciary should extend to all cases under the authority of the United
States. Therefore it is fully within the competence of Congress, un-
der the provisions of the constitution, to provide the manper hi which
the Cherokees may have their rights decided, because a grant of the
' means is included in the grant of jurisdiction. It is competent, then,
Ibr Congress to decide whether the Cherokees have a right to come
into a court of justice and to make an appeal to the highest authority
to sbstain the solemn treaties under which their rights have been
guarantied, and in the sacred character of which they have reposed
their confidence. And if Congress possesses the power to extend
feUef to the Indians, are they not bound by the most sacred of human
considerations, the obligations of treaties, the protection assured them,
by every Christian tie, every benevolent feeling, every humane im-
pulse of the human heart, to extend it ? If they were to fail to do
ttita, and there is, aa teasoci aad rerelation declares there ia,a tribaml
lMi4 tPXECKES or HENBT CLAT.
of eternal justice to which all human power is amenahle, bow could
thex, if they refused to perform their duties to this injuied and op-
pressed, though civilized race, expect to escape the visitations of that
Divine vengeance which none will be permitted- to avoid who have
committed wrong, or done injustice to others ? ^^
At this moment, when the United States are urging on thegoveni-
ment X)f France the fulfillment of the obligations of the treaty con-
cluded with that country, to the execution of which it is contended
that France has plighted her sacred faith, what strength, what an ir-
resistible force would be given to our plea, if we could say to Framoe
that, in all instances, we had completely fulfilled all our engagenoeuti,
and that we had adhered faithfully to every obligation which we had.
contracted, no matter whether it was entered into with a powerful or
a weak people ; if we could say to her that we had complied with
all our engagements to others, that we now came before her, alw^fs
acting right as we had done, to induce her also to fulfil her obliga-
tions with us. How shall we stand in the eyes of France and of the
civilized world, if, in spite of the most solemn treaties, which have
existed for half a century, and have been recognized in every form,
and by every branch of the government, how shall we be justified if
we suffer these treaties to be trampled under foot, and the rights
which they were given to secure trodden in the dust ? How would
Great Britain, after the solemn understanding entered into with her
at Ghent, feel after such a breach of faith ? And how could I, as t
commissioner on the negotiation of that treaty, hold up my head be-
fore Great Britain, after being thus made an instrument of fraud and
deception, §» I assuredly shall be, if the rights of the Indians are to be
thus violated, and the treaties, by which they were secured, violated?
How could 1 hold up my head, after such a violation of rights, aad
say that I am proud of my country, of which we must all wish to be
proud ?
, For myself, I rejoice that 1 have been spared, and allowed a suita-
ble opportunity to present my views and opinions on this great ai-
tional subject, so interesting to the national character of the countiy
fi^r justice and equity. I rejoice that the voice which, without chaige
of presumption or arrogance, 1 may say, has ever been raised in defence
of the oppressed of the human species, has been Iwjard in defence of this
most oppressed of all. To me, in that awful hour of death, to whieh
OUB TRBATMBNT OV TBI CHIBOKKBS.
266
«n must come, and which, with respect to myself, cannot be very fiur
distant, it will be a source of the highest consolation that an oppor-
tunity has been found by me, on the floor of the Senate, in the dis-
charge of my official duty, to pronounce my views on a course of
policy marked by such wrongs as are calculated to arrest the atten-
tion of every one, and that I have raised my humble voice, and pro-
nounced niy solemn protest against such wrongs. /
I will no longer detain the Senate, but will submit the following
propositions i
Rnaived, That the Committee on the JadiettTy be directed to iaqnire into the
expediency ot making further proviBion, hy law. to enable Indian nations, or tri^e%
to whose use and occu^ncy lands are secured oy treaties concluded between tbeA
and the United States, m conformity with the constitution of the United States.
Radvedt That the Committee on Indian Afiaiis be directed to inquire into tli»
etpediency of making further proTision, by law, for setting apart a district of coaa-
trf west of the Mississippi riTer, for rach of the Cherokee nation as may be disrasd
to emigrate and to occupy the same, and for securing in perpetuity the peacefoi and
ondiiCaibed enjoyment tnereof to the emignnts and their d««cendaBts.
ON SURRENDERING THE CUMBERLAND ROAD.
In th£ Senate or the United States, Febrvart 11, 1835.
[A bill making appropriations for the completion of certain portions of the
beiland Road, and their surrender thereupon to the States, having been reported
diwiuaed by several senatoTS, in favor of and adverse to the Internal Impiov
policy, Mr. Cz^y ^poke in substance as follows :]
I WOULD Dot say a word now but for the introduction in this dit>
evasion of collateral matters not immediately connected with it. I
DMan to vote for the appropriation contained in the bill, and I shall
do so with pleasure, because, under all the circumstances of the case^
I feel myself called upon by a sense of imperative necessity to ykiii
my assent to the appropriation. The road will be abandoned, and all
the expenditures which have heretofore been made upon it, will be
entirely thrown away, unless we now succeed in obtaining an appro-
priation to put the road in a state of repair. Now, 1 do not concur
with the gentleman (Mr. Swing) that Ohio can as a matter of strict
right demand of the government to keep this road in repair. And
why so } Because, by the teems of the compact, under the operation
of which the road was made, there was a restricted and defined fWnd set
apart in order to accomplish that object. And that fund measures the
obligation of the government. It has been, however, long since ex-
hausted. There is no obligation then on the part of the government
to keep the road in repair. But I am free to admit, that considera-
tions of policy will prompt it to adopt that course, in order that an
opportunity shall be presented to the States to take it into their own
hands.
The honorable senator from Pennsylvania felicitated himself on
having, at a very early epoch, discovered the unconstitutionality of the
general government erecting toll gates upon this road, and he voted
against the first measure to carry that object into execution. I must
say, that for myself, I think the general government have a right to
OH fUaUNDKBINO THS CUMBERLAND ROAD. 987
adopt that course which it deems necessary for the preservation of
a«oad which is made under its own authority. And as a legiti-
mate consequence from the power of making a road, is derived the
power of making an improvement on it. That is established ; and
on that point I am sure the honorable gentleman does not differ from
those who were in favor of establishing toll-gates at the period to
which I have alluded. I would repeat, that if the power to make a
road be conceded, it follows, as a legitimate consequence from that
power, that the general government has a right to preserve it. And|
if the right to do so, there is no mode of preservation more fitting and
suitable than that which results from a moderate toll for keeping up
the road, and thug continuing it for all time to come.
The opinion held by the honorable senator at the period to which
I have adverted, was not the general opinion. He will well remem-
ber that the power which I contended did exist, was sustained in the
other branch of the legislature by large majorities. And in that Sen*
ate, if I am not mistaken, there were but nine dissentients from the
existence of it. If my recollection deceives me not, I had the pleas-
ure of concurring with the distinguished individual who now presides
over the deliberations of this body. I think that he, (the Vice Presi-
dent) in common with the majority of the Senate and House of Rep-
resentatives, coincided in the belief, that a road, constructed under
the orders of the general government, ought to be preserved by the
authority which brought it into being. Now that is my opinion still.
1 am not one of those who, on this or any other great national sub-
ject, have changed my opinion in consequence of being wrought upon
by various conflicting circumstances.
With regard to the general power of making internal improve-
ments, as far as it exists in the opinions I have frequently expressed
in both houses, my opinion is still unaltered. But with respect to
the expediency of exercising that power, at any period, it must de-
pend upon the circumstances of the times. And in my opinion jlhe
power is to be found in the constitution. This belief I have always
entertained, and it remains unshaken. I cannot coincide in the opin-
ion expressed by the honorable senator from Pennsylvania and the
honorable senator from Massachusetts, in regard to the disposition
that is to be mode of this road.
208 fPKKCHBI or tttXTRY CLAT.
What, I would ask, has been stated on all hands ? That the Cum-
berland road is a great national object in which all the people of the
United States are interested and concerned ; that we are interested m
our corporate capacity, on account of the stake we posses in the pub-
lic domain, and that we are consequently benefited by that road;
that the people of the west are interested in it as a common thorough-
fiffe to all places from one side of the country to the other.
I say that the principle is fundamentally wrong ; I protest against
il^ — have done so from the first, and do so again now. It is a 'great
national object, and we might as well give the care of the mint to
Pennsylvania ; the protection of the breakwater, or of the public yes
sels in New York, Baltimore, and Philadelphia, to the respective le-
gislatures of the States in which that property was situated, as give
the care of a great national road in which the people of the United
States were concerned, to the care of a few States which were ac-
knowledged to have no particular interest in it — States having so
little interest in that great work that they would not repair it wheo
oflered to their hands.
But I shall vote for this appropriation ; I am compelled to vote fer
it by the force of circumstances over which I have no control. I have
seen, in reference to internal improvements, and other measures of a
national character, not individuals merely, but whole masses— entire
communities — prostrating their own settled opinions, to which they
have conformed for half a century, wheel to the right or to the left —
march this way or that, according as they see high authority for it.
And I see that there is no way of preserving this great object, which
affords such vast facilities to the western States, no other mode of
preserving it, but by a reluctant acquiescence in a course of policy,
which all at least, have not contributed to produce, but which is
formed to operate on the country, and from which there is no appeal.
In conclusion, I again reiterate, that I shall vote for the appropria-
tion in this bill, although very reluctantly, and with the protest that
the road in question, being the common property of the whole natiooi
and under the guardianship of the general government, should not be
treacherously parted from by it and put into the hands of the local
governments, who feel no interest in the matter.
ON APPOINTMENTS AND REMOVALS.
In the Skhati of th£ United States, February 18| 1835. '
^A bill to define and fix the tenure of office, by limiting the Pre«dent*e power !•
xeniove subordinate officera to cases in which reasons shall be firen by him, and
pieacribing the mode of its exercise, having been submitted to the Senate, Bfr. Guiy,
vpoo the qnestiott of its passage, addressed the Senate an follows tl
I THINK it extremely fortunate that this subject of executiye patroA-
age came up, at this session, unencumbered by any collateral qoei-
tion. At the last session we had the removal of the deposites, the
treasury report sustaining it, and the protest of the President against
the resolution of the Senate. The bank mingled itself in all our dif*
oossions, and the partisans of executive power availed themselves of
the prejudices which had been artfully excited against that institutioiii
to deceive and blind the people as to the enormity of executive pre-
tensions. The bank has been doomed to destruction, and no one now
thinks the recharter of it practicable, or ought to be attempted. I
fear that the people will have just and severe cause to regret its de«
struction. The administration of it was uncommonly able ; and one
is at a loss which roost to admirci the imperturbable temper <Hr the
wisdom of its enlightened ptesident. No country can possibly pos-
sess a better general currency than it supplied. The injurious conse-
quences of the sacrifice of this valuable institution wUl soon be felt.
l]^re being no longer any sentinel at the head of our banking estab-
lishments, to warn them, by its information and operations, of ^h
pioaching danger, the local institutions, already multiplied to an alarm-
ing extent, and almost daily multiplying, in seasons <^ prosperity, will
make free and unrestrained emissions. All the channels of circular
tion will become gorged. Property will rise extravagantly high, and,
constantly looking up, the temptation to purchase will be irresistible.
Inordinate speculation will ensue, debts will be fireely contracted, and
If hen the season of adversity comes, as come it must, the banks, aet-
ing without concert and^ withcNU guldey obeying the law ci self-piee-
970 gPXBCHIS OF HXNRT CLAT.
eryation, will a]l at the same time call in their issues ; the yast nim-
ber will exaggerate the alarm, and general distress, wide-spread niia,
and an explosion of the whole banking system, or the establishmenl
of a new Bank of the United States, will be the ultimate effects.
We can now deliberately contemplate the vast expansion of execu-
tive power, under the present administration, free from embarraM-
ment. And is there any real lover of civil liberty who can behold h
without great and just alarm ? Take the doctrines of the Protest
and the Secretary's ^port together, and, instead of having a balanced
gpvemment with three co-ordinate departments, we have but oii»
power in the State. According to those papers all the oiBcers coih*
oerned in the administration of the laws are bound to obey the Presi-
dent. His will controls every branch of the administration. No
matter that the law may have assigned to other officers of thegovem-
ment specifically defined duties , no matter that the theory of the con
atitution and the law supposes them bound to the discharge of those
duties according to their own judgment, and under their own respon-
sibility, and liable to impeachment for malfeasance ; the will of the
President, even in opposition to their own deliberate sense of their
obligations, is to prevail, and expulsion from office is the penalty of-
disobedience ! It has not, indeed, in terms, been claimed, but it is a
legitimate consequence from the doctrine asserted, that all the decis-
ions of the judicial tribunals, not conformable with the President^
opinion, must be inoperative, since the officers charged with their
execution are no more exempt from the pretended obligation to chey
his orders than any other officer of the administration.
The basis of this overshadowing superstructure of executive power
is, the power of dismission, which is one of the objects of the bill ao-
der consideration somewhat to regulate, but which it is contended bj
the supporters of executive authority is uncontrolable. The practi-
cal exercise of this power, during the administration, has reduced the
salutary co-operation of the Senate, as approved by the constitution,
in all appointments, to an idle form. Of what avail is it that the
Senate shall have passed upon a nomination, if the President, at any
time thereafter, even the next day, whether the Senate be in sessioo
or in vacation, without any known cause, may dismiss the incumbent?
Let us examine the nature of this power. It is exercised in the re*
of the executive mansion, perhaps upon secret information.
OR APPOUTTUlin ANB RkHOTi.U. ATI
The accused officer b not present, nor beard, nor confronted with tha
witnesses agaiosL biin, aod the President is judge, jurot, and exeeu*
tiooer. No reasons ore assigned for the dismission, and the public ia
left to conjecture the cause. Is not a power so exercised essentially
a despotic power ? It is adverse to the genius of all free governments,
the foundation of which is responsibility. Keapunsibilily is the vital
principle of civil liberty, as irresponsibility is the vital principle of
despotism. Free gOTerninent can no more exi^t without this princi
pie than aoinial life can be sustained without the presence of the at-
mosphere. But is not the Fiesident absolutely irresponsible in thm
fxercr jQ of this power ? How can be be reached } By impeachmeat ?
It is a mockery.
It baa been truly said Ibat the office was not made for the incnn^
bent. Nor was it made (or the incumbent of another office. In both
and in all cases public ollices are created for the public ; and the peo-
ple hav« a right to know why and wherefore one of their servant*
dismisses another. The abuses which have flowed and w likely to
flow from this power, if unchecked, are indescribable. How olten
have all of us witnessed the expulsion of the most &ithful officen,
of the highest character, and of the most undoubted probity, for no
other imaginable reason, tban difference in political sentiments ? It
begins in politics and may end in religion. If a President should be
inclined to fanaticism, and the power should not be regulated, what
it to prevent the dismission of every officer who does not belong to
hia sect, or persuasion } He mny, perhaps truly, say, if he does not
dismiss bim, that he has not his contidence. It was the cant lan-
gua^ of Cromwell and bis associates, when nbnuxious individuals -
were b or propoaeU for office, that they could not confide in ihem-
Tbe tendency of this power is to revive the dark ages of feudalism,
and to render every officer a feudatory. The bravest man in office)
whose employment and bread depend upon the will of the President,
will quail under th*' influence of the power of dismission. If opposed
in sentiments to the administration, he will begin by silence, and
finally will be goaded into partisanship.
The Senator from New York, (Mr. Wright) in analyzing the liit
of one hundred thousand who arc reported by the comniiliee of pn-
tronage to draw money from the public treasury, contends that a large
DOrtioa of them cooaiati of the umyi the nevy, and revolutionary pe»*
Sra , SP1ECHB8 OF HXiniT CLAT.
itonen ; and, paying a just compliment to their gallantry and patri-
otism, asks, if they \irill allow themselves to be instrumental in the
destruction of the liberties of their country ? It is very remarkable
that hitherto the power of dismission has not been applied to the
army and nayy, to which, from the nature of the service, it would
seem to be more necessary than to those in civil places. But accu-
mulation and concentration are the nature of all power, and especially
of executive power. And it cannot be doubted that, if the power of
dismission, as now exercised, in regard to civil officers, is sanctioned
tad sustained by the people, it will, in the end, be extended to the
aitny and navy. When so extended, it will produce its usual effect
of subserviency, or if the present army and navy should be too stem
and upright to be moulded according to the pleasure of the executiTe,
ire are to recollect that the individuals who compose them are not to
lire always, and may be succeeded by those who will be more pliant
and yielding. But I would ask the Senator what has been the efkdt
of this tremendous power of dismission upon the classes of officers to
which it has been applied ? Upon the post-office, the land-office, and
die custom-house ? They constitute so many corps d^armee^ ready
to further, on all occasions, the executive views and wishes. Thej
ttke the lead in primary assemblies whenever it is deemed expedieilt
fo applaud or sound the praises of the administration, or to carry oot
its purposes in relation to the succession. We are assured that a lai^
majority of the recent convention at Columbus, in Ohio, to nominate
the President's successor, were office-holders. And do you imagine
that ihey would nominate any other than the President's known 6^
The power of removal, as now exercised, is nowhere in the consti-
tution expressly recognized. The only mode of displacing a publk^
officer for which it does provide, is by impeachment. But it has been
afgued on this occasion, that it is a sovereign power, an inherent
l^wer, and an executive power ; and, therefore, that it belongs to the
President. Neither the premises nor the conclusion can be sustained.
If they could be, the people of the United States have all along to-
tally misconceived the nature of their government, and the character
of the office of their supreme magistrate. Sovereign power is an-
pfeme power ; and in no instance whatever is there any supreme
power vested in the President. Whatever sovereign power is, if there
be any, conveyed by the constitution of the United States, is vested
ON APPonrniKiin akd bkmotal*. 973
■V Congreu, or iu the President ud Senate. - The power to declare
waf, to la; taxes, to coin money, is vested in Congress ; and the
treaty making power in the President and Senate. 'I'he post-manter
general has the power to dinnias his deputies. Is that a sovereign
power, or has he any ?
Inherent pow<!r ! That is a new principle to enlarge the powers
of the giineral govemment. Hitherto it has been supposed that there
are no powers poasened by the goverament of the United Slates, or
any branch of it, but such as are granted by the constitution ; and in
order to ascertain what has been granted, that it was necessary to
show the grant, or to establish that the power claimed was necessary
and proper to execute some granted power. In other words, that
there are no powers but those which are expressed or incidental. But
it seems that a great mistake has existed. The partisans of the exe-
cutive have discovered a third and more fruiirul source of power.
Inherent power ! Whence is it derived .' The constitution created the
office of President, and made it just what it is. It had no power prior
to its existence. It can hare none but those which are conferrtid
upon it by the instrument which created it, or laws passed in pursi^
■pee of that instrument. Do gentlemen mean, hy inht^rent power|
iuch power as is exercised by the monarchs or chief magistrate! of
other countries ? If that be their meaning, they should avow it.
It has been argned that the power of removal from office is an ex*
eeutive power ; that all executive power is vested in the President ;
and that he is to see that the laws are faithfully executed, which, it
ia contended he cannot do, unless at hia pleasure he may dismiss any
aubordinate officer. .
The mere act of dismission or removal may be of an executive
nature, but the judgment or sentence which precedes it is a function
of a judicial and not executive nature. Impeachments which, as haa
been already observed, are the only mode of removal from office ex-
pressly provided for in the constitution, are to be tried by the Senate,
acting as a judicial (ribunal. In England, and in all other States,
Ihey are tried by judicial tribunnls In aoveral of the Slal<^s removal
from office sometimes is eOecuKl by the legislative authority, as in the
case of judges on the concurrence of two-thirds uf the members. The
■dministi^ioD of the lawa of tlte MTeral States proceeds r^uUijIf
274 SPEECHES OF HENRT CLAT.
without the exercise on the part of the governors of any power simi-
lar to that which is claimed for the President. In Kentucky, and in
other States, the governor has no power to remove sheriffs, coUecton
of the revenue, clerks of courts, or any one officer employed in ad-
ministration ; and yet the governor, like the President, is coostito-
tionally enjoined to see that the laws are faithfully executed.
The clause relied upon to prove that all executive power is vested
in the President, is the first section of the second article. Ob exam-
ining the constitution, we 6nd that, according to its anangement, it
treats first of the legislative power, then of the executive, and lastly,
of the judicial power. In each instance it provides how those pow-
ers shall be respectively vested. The legislative power is confided to
a Congress, and the constitution then directs how the members of thia
body shall be chosen, and after having constituted the body enuma-
rates and carefully specifies its powers. And the same course is ob-
served both with the executive and the judiciary. In neither casBi
does the preliminary clause convey any power ; but the powers of the
several departments are to be sought for in the subsequent provisions.
The legislative powers granted by the constitution are to be yestedi
how ? In a Congress. What powers ? Those which are ennmerated.
The executive power is to be vested, how ? In a council, or in sev-
eral ? No, in a President of the United States of America. What
executive power } That which is possessed by any chief magistrate
in any country, or that which speculative writers attribute to the
executive head ? No such thing. That power, and that only, which
the constitution subsequently assigns to the chief nuigistrate.
The President is enjoined by the constitution to take care that the
laws be faithfully executed. Under this injunction, the power of
dismission is claimed for him ; and it is contended that if those
charged with the execution of the laws attempt to execute them in a
sense different from that entertained by the President, he may prevent
ii or withhold his co-operation. It would follow, that if the judiciary
give to the law an interpretation variant from that of the President,
he would not be bound to afford means which might become neces-
sary to execute their decision. If these pretensions are well found-
ed, it is manifest that the President, by means of the veto, in arresting
the passage of laws which he disapproves, and the power of expound-
ing those which are passed, according to hb own sense of themi will
ON APPOIIfTMBNTS AND RBMOTALfl. 376
beeome possessed of all the practical authority of the whole govem-
Bent. If the judiciary decide a law contrary to the President's opin-
iOD of its meaning, he may command the marshal not to execute the
decision, and urge his constitutional obligation to take care that the
laws be faithfully executed. It will be recollected perhaps, by the
Senate, that during the discussions on the deposite question, I pre-
dicted that the day would arrive when • President, disposed to en-
large his powers, would appeal to his official oath as a source of
power. In that oath he undertakes that he will '' to tlie best of his
ability preserve, protect, and defend the constitution of the United
States." The fulfilment of the prediction quickly followed : and
during the same session, in the protest of the President, we find him
referring to this oath as a source of power and duty. Now, if the
President, in virtue of his oath, may interpose and prevent anything
from being done confrary to the constitution, as he understands it ,
and may in virtue of the injunction to take care that the -laws be
faithfully executed, prevent the enforcement of any law contrary to
the sense in which he understands it, I would ask what powers re-
main to any other branch of the government ? Are they not all sab-
■tantially absorbed in the WILL of one man.
The President's oath obliges him to do no more than every member of
Congress is also bound by official oath to do ; that is, to support the
oonstitution of the United States in tbeir respective spheres of action
Ib the discharge of the duties specifically assigned to him by the con-
stitution and laws, he is for ever to keep in view the constitution ;
and this every member of Congress is equally bound to do, in the
passage of laws. To step out of his sphere ; to trench upon other
departments of the government, under the notion that they are about
to violate the constitution, would be to set a most pernicious nnd dan-
gerous example of violation of the constitution. Suppose Congress,
by two-thirds of each branch, pass a law contrary to the veto of the
President, and to his opinion of the constitution, is ho afterwards at
liberty to prevent its execution ? The injunction, to which I have
adverted, common both to the Federal ftnd most of the State ConsU-
tations, imposes only upon the chief magistrate the duty o*" executing
those laws with the execution of which he is specially charged ;
of supplying, when necessary, the means with which he is entrusted
to enable others to execute those laws, the enforcement of which is
oonfided to them ; and to commantcate to Congress infractions of die
d76 tPXlCHkS OF HBNRT CLAT.
laws, that the guilty may be brought to punishment, or the defects of
legislation remedied. The most important branch of the govemmeftt
to the rights of the people, as regards the mere execution of the laws,
is the judiciary ; and yet they hold their offices by a tenure beyiN|4
the reach of the President. Far from impairing the efficacy of aagr
powers with which he is invested, this permanent character in tlie
judicial office is supposed to gire stability and independence to tile
administration of justice.
The power of removal from office not being one of those poweis
which are expressly granted and enumerated in the constitution, «id
having, I hope, successfully shown that it is not essentially of an
executive nature, the question arises to what department of the gov-
ernment does it belong, in regard to all offices created by law, or whose
tenure is not defined in the constitution ? There is much force in the
argumej^t which attaches the power of dismission to the President
and Senate conjointly, as the appointing power. But I think wj
must look for it to a broader and higher source — the legislative de-
partment. The duty of appointment may be performed under a law
which enacts the mode of dismission. This is the case in the post-
office department, the post-master general being invested with both
the power of appointment and of dismission. But they are not neces-
sarily allied, and the law may separate them ; and assign to one funs-
tionary. the right to appoint, and to a diferent one the right to dis-
miss. Examples of such a separation may be found in the State gov-
ernments.
It is the legislative authority which creates the office, defines its
duties, and may prescribe its duration. I speak, of course, of offiess
not created by the constitution, but the law. The office, comii^ into
existence by the will of Congress, the same will may provide how,
and in what manner, the office and the officer shall both cease to
exist. It may direct the conditions on which he shall hold the offise,
and when and how he shall be dismissed. Suppose the constitutios
had omitted to prescribe the tenure of the judicial oath, could not
Congress do it ? But the constitution has not fixed the tenure of sngr
subordinate offices, and therefore Congress may supply the omission.
It would be unreasonable to contend that, although Congress, in p«-
iuit of the public good, brings the office and the officer into being, and
aligns their purposes, yet the President has a control over the offi-
on APP0INTIC1NT8 AND REKOTALB. 377
eer which Congress cannot reach or regulate ; and this control in
virtue of some vague and undefined implied executive power which
the friends of executive supremacy are totally unable to attach to any
specific clause in the constitution.
It has been contended, with great ability, that under the clause of
the constitution which declares that Congress shall have power '^ to
make all laws which shall be necessary and proper for carrying into
execution the foregoing powers, and all others vested by this const!*
tution in the government of the United States, or in any deparlntent
or officer thereof j^^ Congress is the sole depository of implied powers^
and that no other department or officer of the government possesses
any. If this argument be correct, there is an end of the controversy.
But if the power of dismission be incident to the legislative authority,
Congress has the clear right to regulate it. And if it belong to any
other department of the government, under the cited clause. Congress
has the power to legislate upon the subject, and may regulate it, al*
though it cannot divest the department altogether of the right.
Hitherto I have considered the question upon the ground of the
constitution, unafiected by precedent. We have in vain called upon
our opponents to meet us upon that ground ; and to point out the
clause of the constitution which by express gmnt,-or necessary im-
plication, subjects the will of the whole official corps to the pleasure
of the President, to be dismissed whenever he thinks proper, without
any reasons publicly assigned or avowed for the dismission, and which
excludes Congress firom all authority to legislate against the tremen-
dous consequences of such a vast power. No such clause has been
f hown ; nor can it be, for the best of all reasons, because it does not
exist. Instead of bringing forward any such satisfactory evidence,
gentlemen entrench themselves behind the precedent which was es-
tablished in 1789, when the first Congress recognized the power of
dismission in the President ; that is, they rely upon the opinion of tha
first Congress as to what the constitution meant as conclusive of what
Ills.
The precedent of 1789 was established in the House of Represen-
Istives against the opinion of a large and able minority, and in the
Senate by the casting rote of the Vice President, Mr. John Adams*
It is hnposriUe to read llie debate irhich it ooeasioiied without being;
•S
278 spSECHjU OP H^RT CXJL7.
impressed with the conviction that the just confidence reposed in the
father of his country, then at the head of the government, had great,
if not decisive influence in establishing it. It has never, prior to the
commencement of the present administration, been submitted to the
process of review. It has not been reconsidered, because under the
mild administrations of the predecessors of the President, it was not
abused, but jgenerallj applied to cases to which the power was justly
applicable.
tMr. Clav here proceeded to recite from a memorandmn, the number of offieen
removed under the different Presidents, from Washington domii $ but the reporter
not having access to the memorandum, was unable to note the precise numberiuder
each, and can only state, generally, that it was Inconsdcrable under all the ■dminjn*
trations prior to the present, but under that of General Ja4uon the number of le-
movals amounted to more than two thousand— of which five or six hundred were
postmasters.]
Precedents deliberately establishejl by wise men are entitled to
great weight. They are the evidence of truth, h\ii only evidence. If
the same rule of interpretation has been settled, by concurrent deci-
sions, at different and distant periods, and by opposite dominant par-
ties, it ought to be deemed binding, and not disturbed. But a solitary
precedent, established, as this was, by an equal vote of one branch,
and a powerful minority in the other, under the influence of a confi-
dence never misplaced in an illustrious individual, and which has
never been re-examined, cannot be conclusive.
The first inquiry which suggests itself upon such a precedent as
this. is, brought forward by the friends of the administration, is, what
right have they to the benefit of any precedent } The coarse of 'this
administration has been marked by an utter and contemptuous disre-
gard of all that has been previously done. Disdaining to move on in the
beaten road carefully constructed by preceding administrations, and,
trampling upon every thing, it has seemed resolved to trace out fiv
itself a new line of march. Then let us inquire how thb administra*.
tion and its partisans dispose of precedents drawn from the same
source, the first Congress under the present constitution. If a
precedent of that Congress be suflicient authority to sustain an exe-
cutive power, other precedents established by it, in support of legis-
lative powers, must possess a like force. But do they admit tbist
principle of equality ? No such thing ; they reject the precedents of
the Congress of: 1780 sustaining the power of Congressy and cliBg.W
ON AWOTNTimm AND RSMOTALS. 9T9
that only which expands the executiye authority. They go for pre-
rogative, and they go against the rights of the people.
It was in the. first Congress that assembled in 1789, that the bank
of the United States was established, the power to adopt a protective
tariff was maintained, and the right was recognized to authorize in*
temal improvements. And these several powers do not rest on the
basis of a single precedent. They have been again and again affirm-
ed and reaffirmed by various Congresses, at difierent and distant pe-
riods, under the administration of every dominant party ; and in re-
gard to the bank, it has been sanctioned by every branch of the gov-
ernment, and by the people. Yet the same gentlemen who console
themselves with the precedent of 17S9 in behalf of the executive
prerogative, reject as unconstitutional all these legislative powonu
No one can carefully examine the debate in the House of Repre-
sentatives in 1789, without being struck with the superiority of the
argument on the side of the minority, and the unsatisfactory nature
of that of the majority. How various are the sources whence the
power is derived ! Scarcely any two of the majority agree in their
deduction of it. Never have I seen, from the pen or tongue of Mr.
Madison, one of the majority, any thing so little persuteive or con-
vincing. He assumes that all executive power is vested in the Presi-
dent. • He does not qualify it ; he does not limit it to that executive
power which the constitution grants. He does not discriminate be-
tween executive power assigned by the constitution, and executive*
power enacted by law. He asks, if the Senate had not been associa-
ted with the President in the appointing power, whether the Preaident
in virtue of his executive power, would not have had the right to
make all qipomtments } I think not ; clearly not. It would have '
been a most sweeping and far-fetched implication. In the silence of
the constitution, it would have devolved upon Congress to provide by
laiw for the mode of appointing to office ; and that in virtue of the
clause, to which I have already adverted, giving to Congress power ■■
tp pass all laws necessary and proper to carry on the government.
^e says, *•*' the. danger then merely consists in this : the President can
4isplace from office a man whose merits require that he should be
c^tinued in it. What will be the motives which the President can
ftel for such an abuseof his power? What motives ! The pure heart
280 tPsscBit or rxsrt clat.
could conceive none ; but let him ask General Jackson, and he wOI
tell him of motives enough. He will tell him that he wishes hb ad-
ministration to be a unit ; that he desires only one will to prevail in
the executive branch of government ; that he cannot confide ip men
who opposed his election ; that he wants places to reward those wha
supported it ; that the spoils belong to the victor ; and be is anxious
to create a great power in the State, animated by one spirit, governed
by one will, and ever ready to second and sustain his administratioii
in all its acts and measures ; and to give its undivided forc« to the
appointment of the successor whom he may prefer. And what, Mr.
President, do you suppose are the securities against the abuse of this
power, on which Mr. Madison relied ? '' In the first place," he says,
^ He will be impeachable by this House before the Senate for such
an act of mal-admtnistration," &c. Impeachment ! It is not a scare-
crow. Impeach the President for dismissing a receiver or register of
the land office, or a collector of the customs ! But who is to impeach
him ? The House of Representatives. Now suppose a majority of
that House should consist of members who approve the principle that
the spoils belong to the victors ; and suppose a great number of them
are themselves desirous to obtain some of these spoils, and can only
be gratified by displacing men from office whose merits require that
they should be continued, what chance do you think there would be
to prevail upon such a House to impeach the President ? And if it
were possible that he should, under such circumstances , be impeach-
ed, what prospect do you believe would exist of his conviction by
two-thirds of the Senate, comprising also members not particularly
averse to lucrative offices, and where the spoils doctrine, long prac-
tised in New York, was first boldly advanced in Congress ?
The next security was, that the President, after displacing die
meritorious officer, could not appoint another person without the con-
currence of the Senate. If Mr. Madison had shown how, by any
action of the Senate, the meritorious officer could be replaced,
there would have been some security. But the President has dis-
missed him ; his office is vacant ; the public service requires it to be
filled, and the President nominates a successor. In considering this
nomination, the President's partisans have contended that the Senate
is not at liberty to inquire how the vacancy was produced, but islimi**
ted to the single consideration of the fitness of the person nominated
Bat soppose tke Senate were to reject himythat wo«Jd only leare tbs
i
cm Amiiimntm Ain> kchovau. 981
office stQ vacant, aod wodM not reinstate the removed officer. The
President would have nadifficuUy in nominating another, and another,
VBtil Uie patience of the Senate being completely exhausted, they
finally confirm the appointment. What I have supposed is not theory,
but BcWally matter of fact. How o(len, within a few years past,
have the Senate disapproved of removals from office, which they have
been subsequeDlly called apon to concur in filling ? How often,
wearied in rejecting, have they approved of persons for office whom
they never would have appointed ! How often have metntfera ap-
proved of bad appointments, fearing worse if they were rejected? If,
the powers of the Senate were ekercised by one man, he might op-
pose, in the matt« of appoiatmenls, a more successful resistance to
executive abuses. He might take the ground that, in cases of improper
removal, be would persevere in the rejection of every person nomi-
Dated, until the meritorious officer was reinstated. But the Senate
DOW consists of forty-eight members, nearly equally divided, one por-
tion of which is ready to approve of all nominations, and of the other,
■omemembersconceivethattheyought not to incur the responsibility
of hazarding the continued vacancy of a necessary office, because the
President may have abused his powers. There is, then, no security,
not the slightest practical security, against abuses of the power of re-
moval in the concurrence of the Senate in appointment to office.
During the debate in ITSd, Mr. Smith, of South Carolina, called
fer the clause of the constitution granting the power. He said :
"WesiedcrUringB rower inlhePrrmdentwbich mavhcrfufterbe gmrlTabni-
•d; foiwp «re not alwajv lo expect acfairf mBSiEime in wIidiii luch enllrFeciiiflflCBea
on be placed oa the prrnent. Perhaps gcnClemen are ao much dsMled wiih Ihe
if4<Ddor of the Thtue*«rthepmenIPreMdent, as nol lo be able lo see into Aitarin."
• » • • " Wc ought to coniemplale this powei in Ihe handa of »a
anbitiom man viho might apply it lo dangerana parpoaes. If we give this power
to the Prendent, he may from caprice remove the moat wonby men rriim offlcci
hii will and pleasure will be the allfthl tenure hy which the ofSce la te be held, aod
of conBrquence ]>od irnder (he offlcer the mere ataM dependent, the ablMl ivn a(
■ peiKin who majr be diipgsed to •bae the confidence hi* rellow ciiiiess hav*
placed in him."
Mr. Huntington said:
e Aim power, whiidi Oot
Mr. Geny, afterwards the republican Vice Prendent of tho TTnitcd
Statei, coDteaded,
2Bd 8PSBCHK8 OF HBMBT CXJkT.
" That we are making these officers the mere creatures of the President ; thtjr
dare not exercise the privilege of their creation, if the President shall order them lo
forbear ; because he holds their thread of life. His power will be sovereign over
them, and will soon swallow up the small security we have in the Senate's concnr-
rsnce to the appointment ; ana we shall shortly need no other than the anthonQr
of the supreme executive officer to nominate, appoint, continue or remove.**
Was not that prophecy ; and do we not feel and know that it is
prophecy fulfilled ? ,
There were other members who saw clearly into the fatnre, and
predicted, with admirable forecast, what would be the practical ope-
ration of this power. But there was one eminently gifted in thitf
particular. It seems to have been specially reseryed for a Jackson
to foretell what a Jackson might do. Speaking of some future Pres*
ident, Mr. Jackson — I believe of Georgia — ^that was his name. What
a coincidence !
'* If he wants to establish an aibitrary authority, and finds the secretary of finance
(B(r. Duane) not inclined to second his endeavors, he has nothing more to do than
to remove him, and get one appointed (Mr. Taney) of principles more congenial to
his own. Then, says he, 1 have got the army, let me have but the money, and I
wiU establish my throne upon the ruins of your visionary republic. Black, indeed,
is the heart of that man who even suspects him CWASHiiroTOir) to be capable of
In the early stages, and during a considerable portion of the de-
bate, the prevailing opinion seemed to be not that the President was
invested by the constitution with the power, but that it should be
conferred upon him by act of Congress. In the progress of it the
idea was suddenly sfarted that the President possessed the power
from the constitution, and the first opinion was abandoned. It was
finally resolved to shape the acts, on the passage of which the ques-
tion arose, so as to recognize the existence <^ the power of removal
in the President.
Such is the solitary precedent on which the contemners of all pre-
cedents rely for sustaining this tremendous power in one man ! A
precedent established against the weight of argument, by a House of
Representatives greatly divided, in a Senate equally divided, under
the influence of a reverential attachment to the father of his countiy,
upon the condition that, if the power were applied as we know it has
been in hundreds of instances recently applied, the President himself
would be justly liable to impeachment and removal firom ofiice^ and
ON APpAiimaafTs akd rimotals. S88
which, until this administration, has never, since its adoption, been
thoroughly examined or considered. A power, the abuses of which,
as developed under this administration, if they be not checked and
corrected, must inevitably tend to subvert the constitution, and over-
throw public liberty. A standing army has been in all free countries,
a just object of jealousy and suspicion. But is not a corps of one
hundred thousand dependents upon government, actuated by one spirit,
obeying one will, and aiming at one end, more dangerous and formid-
able than a standing army ? The standing army is separated from
the mass of society, stationed in barracks or military quarters, and
operates by physical force. The official corps is distributed and ram-
ified throughout the whole country, dwelling in every city, village,
and hamlet, having daily intercourse with society, and operates on
public opinion. A brave people, not yet degenerated, and devoted to
l^rty, may successfully defend themselves against a military force.
Bqt if the official corps is aided by the executive, by the post-office
department, and by a large portion of the public press, its power is
invincible. That the operation of the principle which subjects to
the will of one man the tenure of all offices, which he may vacate at
pleasure, without assigm'ng any cause, must be to render them sub-
servient to his purposes, a knowledge of human nature, and the short
experience which we have had, clearly demonstrate
It may be asked why has this precedent of 1789 not been reviewed ?
Does not the long acquiescence in it prove its propriety ? It has not
been re-examined for several reasons. In the first place, all feel and
own the necessity of some more summary and less expensive and less
dilatory mode of dismissing ddinquents firom subordinate offices than
that of impeachment, which, strictly speaking, was perhaps the only
one in the contemplation of the firamers of the constitution ; certainly
it is the only one for which it expressly provides. Then, under all
the predecessors of the President, the power was mildly and benefi-
cially exercised, having been always, or with very few exceptions,
applied to actual delinquents. Notwithstanding all that has been
said about the number of removals which were made during Mr. Jef-
ferson's administration, they were, in &ct, comparatively few. And
yet he came into power as the head of a great party, which for years
had been systematically excluded from the executive patronage ; a
plea which cannot be urged in excuse for the present chief magistrate
It was reserved for him to act on the bold and daring principle of
1184 tPUCHIS OP BENRT d^AT.
f
dismissing from office those who had opposed his election ; of db->
missing from office for mere difference of opinion !
But it will he argued that if the summary process of dismission hk
expedient in some cases,. why take it away altogether? The hill
under consideration does not disturb the power. By the usage of
the government, not 1 think by the constitution, the President prac-'
tically possesses the power to dismiss those who are unworthy of
holding these offices. By no practice or usage, but that which he
himself has created, has he the power to dismiss meritorious officers
only because they diflfer from him in politics. The principal object
of the bill is to require the President, in cases of dismission, to com-
municate the reasons which have induced him to dismiss the officer y
in other words, to make an arbitrary and despotic power a responsi-
ble power. It is not to be supposed that, if the President 'is boui^
publicly to state his reasons, that he would act from passion or ^a*
price, or without any reason. He would be ashamed to ayow that he
discharged the officer because he opposed his election. And yet thif
milQ regulation of the power is opposed by the friends of the ndmin<«
istration ! They think it unreasonable that the President should state
his reasons. If he has none, perhaps it is.
But, Mr. President, although the bill is, I think, right in principle,
it does not seem to me to go far enough. It makes no provision for
the insufficiency of the reasons of thg President, by restoring or dol-
ing justice to the injured officer. It will be some, but not sufficient
restraint against abuses. I have, therefore, prepared an amendment,
which I beg leave to offer, but which I will not press against the de^
cided wishes of those having the immediate care of the bill. By
this amendment,* as to all offices created by law, with certain ex-
* The amendment was in the following words:
Be it further enacted, That in all instances of appointment to office, by the Pre»-
dent, by and with the advice and consent of the Senate, the power of removal shall
be eiercised only in concurrence with the Senate ; and when the Senate is not iB
■easion, the President may suspend any such officer, communicating his reasons for
the suspension during the first month of its succeeding session, and if the Seoate
concur with him the officer shall be removed, but if it do not concur with him, tbi
officer shall be restored to office.
Mr. CuLY was subsequently induced aot to nige his amendment at this timis
OK ilFPOIMTMSIITt AND RIMOYALt. 385
ofeptionsy the power at pilresent exercised is made a suspensory power.
The President may, in the vacation of the Senate, suspend the offi-
cer, and appoint a temporary successor. At the next session of the
Senate he is to communicate hb reasons : and if they are deemed
sufficient, the suspension is confirmed, and the Senate will pass upon
the new officer. If insufficient, the displaced officer is to be restored.
This amendment is substantially the same proposition as one which
I submitted to the consideration of the Senate at its last session.—
Under this suspensory power, the President will be able to discharge
all defaulters or delinquents ; and it cannot be doubted that the Sen«
ate will concur in all such dismissions. On the other hand, it will
insure the integrity and independence of the officer, since he will feel
that if he honestly and faithfully discharges his official duties, he can*
not be displaced arbitrarily, or from mere caprice, or because he has
independently exercised the elective franchise.
It is contended that the President cannot see that the laws are
fiuthfully executed, unless he possesses the power of removal. That
injunction of the constitution imports a mere general superintendence,
except where he is specially charged with the execution of a law.
It is not necessary that he should have the power of dismission. It
will be a sufficient security against the abuses of subordinate officers
that the eye of the President is upon them, and that he can commu-
nicate their delinquency. The State Executives do not possess this
power of dismission. In several, if not all, the States, the Governor
cannot even dismiss the Secretary of State ; yet we have heard no
complaints of the inefficiency of State Executives, or of the adminis-
tration of the laws of the States. The President has no power to dis-*
miss the judiciary ; and it might be asked, with equal plausibility,
how he could see that the laws are executed, if the judges will not
conform to his opinion, and he cannot dismiss them ?
But it is not necessary to argue the general question, in considering
either the original bill or the amendment. The former does not touch
the power of dismission, and the latter only makes it conditional in*
stead of being absolute.
It may be said that there are certain great officers, heads of depart-
ments and foreign ministers, between whom and the president entire
confidence should existi This is admitted. But surely if the Pren-*
•
i
986 tPxtCHBi OT HnrmT clat.
dent removes any of them, the people ought to know the cause. The
amendment, however, does not reach those classes of officers. And
supposing, as I do, that the legislative authority is competent to regu-
late the exercise of the power of dismission, there can he no just caose
to apprehend that it will fail to make such modifications and ezce|>-
tions as may be called for by the public interest"; especially as what-
ever bill may be passed must obtain the approbation of the chief
magistrate. And if it should attempt to impose improper restrictioiis
upon the executive authority, that would furnish a legitimate occa-
sion for the exerdse of the veto. In conclusion, I shall most heartilj
vote for the bill, with or without the amendment which I have pro-
poaed.
ON THE LAND DISTRIBUTION.
Iir THE SsNicTE OF THE UnITED StATES, DECEMBER 24, 1835.
[Former attempts to procure a Distribution to the several States of the Proceeds
of the Public Lands having been baffled by Executive inlluence and the ExeeotiTS
Veto, Mr. Clat, on the day above indicated, introduced the plan anew, advocatinf
it as follows :]
Although I find myself borne down by the severest affliction with
which Providence has ever been pleased to visit me, I have thought
that ray private griefs ought not longer to prevent me from attempt*
ing, ill as I feel qualified, to discharge my public duties. And I now
rise, in pursuance of the notice which has been given, to ask leave to
introduce a bill to appropriate, for a limited time, the proceeds of the
sales of the public lands of the United States, and for granting land
to certain States.
I feel it incumbent on me to make a brief explanation of the highly
important measxure which I have now the honor to propose. The
bill, which I desire to introduce, provides for the distribution of the
proceeds of the public lands in the years 1833, '34, '35, '36 and '37,
among the twenty-four States of the Union, and conforms substan*
tiaUy to that which passed in 1833. It is therefore of a temporary
character ; but if it shall be found to have a salutary operation, it will
be in the power of a future Congress to give it an indefinite continu-
ance, and, if otherwise, it will expire by its own terms. In the event
of war unfortunately breaking out with any foreign power, the bill is
to cease, and the fund which it distributes is to be applied to the
prosecution of the war. The bill directs that ten per cent, of the
nett proceeds of the public lands, sold within the limits of the seven
new States, shall be set apart for them, in addition to the five per
cent, reserved by their several compacts with the United States ; and
that theresidue of the proceeds, whether firom sales made in the States
or Territories, shall be divided among the twefity-four States in pro-
888 fPKXCHBS OF HBHRt CULT.
portion to their respectiye federal population. In this respect the hill
conforms to that which was introduced in 1832. For one I should
haveheen willing to have allowed the new States twelve and a half
per cent, hut as that was objected to bj the President, in his yeto
message, and has been opposed in other quarters, I thought it best to
restrict the allowance to the more moderate sum. The bill also con-
tains large and liberal grants of land to several of the new States^ to
place them upon an equality with others to which the bounty of Con-
gress has been heretofore extended, and provides that, when other
States shall be admitted into the Union, they shall receive their share
of the common fund.
The nett amount of the sales of the public lands in the year 1833,
was the sum of $3,967,682 55, in the year 1834, was $4,857,600 69,
and in the year 1835, according to actual receipts in the three first
quarters and an estimate of the fourth, is $12,222,121 15 ; making
an aggregate for the three years of $21,047,404 39. This aggregate
is what the bill proposes to distribute and pay to the twenty-fbuf
States on the first dky of may, 1836, upon the principles which I
have stated. The difierence between the estimate made by the Sec-
retary of the Treasury and that which I have offered of the product
of the last quarter of this year, arises from my having taken, as the
probable sum, one-third of the total amount of the three first quarters,
and he some other conjectural sum. Deducting from the $21,047,-
404 39 the fifteen per cent, to which the seven new States, accord-
ing to the bill, will be first entitled, amounting to $2,612,350 18,
there will remain for distribution among the twenty-four States of the
Union the sum of $18,435,054 21. Of this sum the proportion of
Kentucky will be $960,947 41 ; of Virginia, the sum of $1,581,-
669 39 ; of North Carolina, $988,632 42 ; and of Pennsylvania,
$2,083,233 32. The proportion of Indiana, including the fifteen per
cent, will be $855,588 23 ; of Ohio, $1,677,110 84, and of Missis-
sippi, $958,945 42. And the proportions of all the twenty-four
States are indicated in a table which I hold in my hand, prepared at
my instance in the office of the Secretary of the Senate, and to which
any Senator may have access.* The grounds on which the extra
* The following is the table referred to by Mr. Clat :
Statement showing the dividend of each State (according to the federal popnla-
lion) of the proceeds of the Pablic Lands, daring the yean I88S-4 tmd *86, after dc
ON TBB LAITD DItTBIBimOir.
allowance is made to the new States are, first, their complaint that
all lands sold by the federal government are five years exempted from
taxation ; secondly, that it is to be applied in such manner as will
augment the value of the unsold public lands within them ; and, lastty,
their recent settlement.
It may be recollected that a bill passed both Houses of Congress,
in the session which terminated on the 3d of March, 1833, for the
distribution of the amount received from the public lands, upon the
principles of that now offered. The Piesident, in his message at tho
commencement of the previous session, had specially invited the at«
tention of Congress to the subject of the public lands ; had adverted
to their liberation from the pledge for the payment of the public debt ;
and had intimated his readiness to concur in any disposal of them
which might appear to Congress most conducive to the quiet, har-
mony, and general interest of the American people.
After such a message, the President's disapprobatioQ of the biQ
could not have been anticipated. It was presented to him on the 2d
of March, 1833. It was not returned, as the constitution requires,
but was retained by him after the expiration of his official term, and
duetinf from the amount 16 per cent, (treviously allowed to the sertB New Statea.
[Fraotiona of dollars are omxnitted in the following suma.]
auiia. lalio*. 8uu«. uNtw8tat«a. BoOa^
BCaine 389,437 $617,20^
New Hampshire, 209,329 416,Sf)2
Mnssachusetts, 710,408 943,293
Rhode Wand. 97,194 180,19»
Connecticut, 297.665 459,906
Vermont,. 280,657 433,713
New York, 1,918,553 2,964,834
NewJenex, 819,922 494,891
Pennsylvania, 1,348,072 2,083,238
Delaware, 75,482 116,668
Maryland, 405,843 087,169
riiginia, 1,023,50$ l,ftSl,'^
North Carolina, 639,747 988,632
South Carol'ma, 465,025 701,496
Georgia 429^11 «4,208
Kentucky 621,832 960,^17
TenaeaBee, 625,288 968,218
Ohio 935)S4 1,446,266 280,844 1,877,118
Louisiana, 171,694 286,8«y 67,681 882388
Indiana,... 843,031 680,102 825,485 856,688
lUinoU, 167,147 242,846 483,760 728,808
Mi»oun, 180,418 201,8ta n4,a»4 OT,*
Misiviippi, 110,358 170,541 788,408 968,Mi
Alaltem^.. mfl» 4»m M,8I8 9ir.M«
900 tPllCHIf OP HBNRT CLAY.
iintii the next setiion of Coi^ress, -which had no power to aet upon
'it. It was understood and believed that, in anticipation of the pas*
•age of the bill, the President had prepared objections to it, which he
had intended to return with his negative ; but he did jiot. If the hill
had been returned, there is reason to believe that it would have been
passed, notwithstanding those objections. In the House, it had been
carried by a majority of more than two-thirds. And, in the Senate,
although there was not the majority on its passage, it was supposed
that, in consequence of the passage of the compromise bill, some of the
Senators who had voted against the land bill had changed their views,
and would have voted for it upon its return, and others had left the
Senate.
There are those who believe the bill was unconstitutionally re-
tained by the President and is now the law of the land. But whether
it be so or not, the general government holds the public domain in
trust for the common benefit of all the States ; and it is, therefore,
competent to provide by law that the trustees shall make distribution
of the proceeds of the three past years, as well as future years, among
those entitled to the beneficial interest. The bill makes such a pro-
vision. And it is very remaricable, that the sum which it proposes to
distribute is about the gross surplus, or balance, estimated in the
treasury on the Ist of January, 1836. When the returns of the last
quarter of the year come in, it will probably be found that the sur-
plus is larger than the sum which the bill distributes. But if it should
not be, there will remain the seven millions held in the Bank of the
United States, applicable, as far as it may be received, to the service
of the ensuing year.
It would be premature now to enter into a consideration of the
probable revenue of future years ; but, at the proper time, I think it
will not be difficult to show that, exclusive of what may be received
from the public lands ^ it will be abundantly sufficient for all the eco-
nomical purposes of government, in a lime of peace. And the bill,
as I have already stated, provides for seasons of war. I wish to guard
against all misconception by repeating, what I have heretofore several
times said, that this bill is not founded upon any notion of a power in
Congress to lay and collect taxes and distribute the amount ainoi^
the several States. I think Congreas possesses no such power, and
haeno right to exercise it, until some such amendment as that piO'*.
oil THK LAllfi MSTRIBUTimr. Ml
pofed by the Senator from Soath Carolina (Mr. Calhoun) shall b^
adopted. But the bill rests on the basis of a clear and comprehensive
grant of power to Congress over the territories and property of the
United Stat^ in the constitution, and upon express stipulations i%
the deeds of cession.
Mr. President, I have ever regarded, with feelings of the profound-
ett regret, the decision which the President of the United States felt
himself induced to make on the bill of 1833. If it had been his pleas*
ure to approve it, the heads of departments would not now be taxing
their ingenuity to find out useless objects of expenditure, or objects
which may well be postponed to a more distant day. If the bill had
passed, about twenty millions of dollars would have been, during the
last three years, in the hands of the several States, applicable by them
to the beneficent purposes of internal improvement, education, or
colonization. What inunense benefits might not have been diffused
throughout the land by the active employment of that large sum ?
What new channels of commerce and communication might not have
been opened? What industry stimulated, what labor rewarded?
Hcyv many youthful minds might have received the blessings of edu*
cation and knowledge, and been rescued from ignorance, vice, and
ruin ? How many descendants of Afi'ica might have been transported
from a country where they can never enjoy political or social equality,
to the native land of their fathers, where no impediment exists to their
attainment of the highest degree of elevation, intellectual, social, and
political ? Where they might have been successful instruments in
the hands of Grod, to spread the religion of the Lord, and to lay the
foundations of civil liberty I
And, sir, when we institute a comparison between what might have
been effected, and what has been in fact done, with that large amount
of national treasure, our sensations of regret, on account of the failure
of the bill of 1833, are still keener. Instead of its being dedicated to
the beneficent uses of the whole people, and our entire country, it has
been an object of scrambling among local corporations, and locked up
in the vaulis, or loaned out by the directors of a few of them, who
are not under the slightest responsibility to the government or people
of the United States. Instead of libend, enlightened, and national
purposes, it has been partially applied to local, limited, and selfish
vsea. Applied to increase the semiHumual dividends of fietvorite stock-
son tPnCHES OF RXSratT CLAT.
holders in favorite banks ! Twenty millions of tlie national treasure
are scattered in parcels among petty corporations ; and while they
are growling over the fragments and greedy for more, the secretaries
are brooding on schemes for squandering the whole.
But although we have lost three precious years, the Secretary of
the Treasury tells us that the principal is yet safe, and much good
may be still achieved with it. The general government, by an ex-
traordinary exercise of executive power, no longer affords aid to any
new works of internal improvement. Although it sprung from the
Union, and cannot survive the Union, it no longer engages in any
public improvement to perpetuate the existence of the Union. It k
but justice to it to acknowledge that, with the co-operation of the
public spirited State of Maryland, it effected one national road having
that tendency. But the spirit of improvement pervades the land, in
every variety of form, active, vigorous, and enterprising, wanting
pecuniary aid as well as intelligent direction. The States have un-
dertaken what the general government is prevented from accomplish*
ing. They are strengthening the Union by various lines of commu-
nication thrown across and through the mountains. New York has
completed one great chain: Pennsylvania another, bolder in concep*
tion and far more arduous in the execution. Virginia has a similar
work in progress, worthy of all her enterprise and energy. A fourth
fiurther south, where the parts of the Union are too loosely connected,
has been projected, and it can certainly be executed with the sup-
plies which this bill affords, and perhaps not without them.
This bill passed, and these and other similar undertakings comple*
ted, we may indulge the patriotic hope that our Union will be bound
by ties and interests that render it indissoluble. As the general gov-
ernment withholds all direct agency from these truly national works,
and from all new objects of internal improvement, ought it not to
yield to the States, what is their own, the amount received from the
public lands ? It would thus but execute faithfully a trust expressly
created by the original deeds of cession, or resulting from the treaties
of acquisition. With this ample resource, every desirable object of
improvement, in every part of our extensive country, may, in dde
time, be accomplished. Placing this exliaustlcss fund in the hands
of the several members of the confederacy, their common federal
Oft TBC LAV]> DTBTRfBcrnOll. S93
fiead roay address them id the glowing language of the British hard,
and
'* Bid harbon opt*n, (ipbiic waya extt^ni!,
Hid t"inj)le.«« worthier ol" the God H>Cf od.
Hid the broad arch the dangerou^i flood <;ontain.
The mole projecting, brcdk ihe roaring iiium.
Lack CO his bounds, that dubjeci coiimunU,
Aud roll ubedieDt riven through the laud.*'
The aflkirs of the public lands was forced upon me. In thesessioii
of 1831-2, a motion from a quarter principally unfriendly to me, was'
made to refer it to the committee on manufactures, of which I was a
member. I strt*nuously opposed the reference. I remonstrated, -I-
protested, 1 entreated, 1 implored. It was in vain that 1 insisted thiP
the committee on the public lands was the regular standing commit-
tee to which such reference should be made. It was in vain that I
contended that the public lands and domestic manufactures were sub-
jects absolutely incongruous. The unnatural alliance was ordered
by the vote of a majority of the Senate. I felt that a ])ersonal embar-
nissment was intended me. I felt that the design was to place in my
hands a many edged instrument, which I could not touch without
being wounded. Nevertheless I subdued all my repugnance, and I
engaged assidulously in the task which had been so unkindly assigned
me. This, or a similar bill, was the offspring of my deliberations.
When reported, the report accompanying it was referred by the same
majority of the Senate to the very committtee on the public land, to
which I had unsuccessfully sought to have the subject originally as-
signed, for the avowed purpose of obtaining a counteracting report.
But in spite of all opposition, it passed the Senate at that session. At
the next, both Houses of Congress.
I confess I feel anxious for the fate of this measure, less on account
of any agency I have had in proposing it, as I hope and believe, than
from a firm, sincere, and thorough conviction, that no one measure
ever presented to the councils of the nation was fraught with so much
unmixed good, and could exert such powerful and enduring influence
in the preservation of the Union itself, and upon some of its highest
interests. If I can be instrumental, in any degree, in the adoption of
it, 1 shall enjoy, in that retirement into which I hope shortly to enter,
a heart-feeling satisfaction and a lasting consolation. 1 shall cany
there no regrets, no complaints, no reproaches on my own account
•T
294 •PUGBBB QW HBITBT CLAT.
When I lo6k back upon my humble origin, left an orphan too yomag
to have been conscious of a father's smiles and caresses, with a wid-
owed mother, surrounded by a numerous offspring, in the midst of
pecuniary embarrassments, without a regular education, without for-
tune, without friends, without patrons, I have reason to be satisfied
with my public career. I ought to be thankful for the high places
and honors to which I have been called by the favor and partiality
of my countrymen, and I am thankful and grateful. And I shall take
with me the pleasing consciousness that, in whatever station I have
been placed, I have earnestly and honestly labored to justify their
confidence by a faithful, fearless, and zealous discharge of my publie
duties. Pardon these personal allusions . I make the motion of whicb
mitice has been given.
ON THE EXPUNGING RESOLUTION.
In THS Skic ATX OF THK Unitbd States, Januart 16, 1837.
[The Senate of fhr United States, having, in 18W, resolved, by a decisive rote,
that the President (Juckson,) in his proceedings in eonnexion with the Removal of
the Depositos, had auaraed and exercised power cot granted by the Constitatioft
or the law?, but inconsitnent with them— Mr. Bcntoh immediately gave notice that
he should move to trjtungt the same from the journal of the Senate. He made hif
motion accordingly, but it did not prevail nntii thr session of 1886^7, when a strong
Jackson majority having been aecared, it was nreaed to a successful issue. On this
oceasiob, Mr. Clay spoke as follows :]
CoNszDF.RiNo that I was the mover of the resolution of March,
1834, and the consequent relation in which I stood to the majoritj
of the Senate by whose vote it was adopted, I feel it to be my duty
to say something on this expunging resolution, and I always have
intended to do so when I should bo persuaded that there existed a
settled purpose of pressing it to a final decision. But it A^-as so taken
up and put down at the last session — taken up one day, when a
speech was prepared for delivery, and put down when it was pronoun-
ced, that I really doubted whether there existted any serious inten-
tion of ever putting it to the vote. At the very close of the last ses-
sion, it will be recollected that the resolution came up, and in several
quarters of the Senate a disposition was maniCpsted to come to a defi-
nitive decision. On that occasion, I offered to waive my right to
address the Senate, and silently to vote upon the resolution ; but it
was again laid upon the table, and laid there forever, as the country
supposed, and as I believed. It is however now revived ; and sundry
changes having taken place In the members of this body, it would
seem that the present design is to bring the resolution to an absolute
conclusion.
I have not risen to repeat at full length the argument by
wbich the firiends of the reeolation of March, 1834, sustained it.
That argument is befiyre tbe world — ^was unanswered at the time*
296 SPEECHES OF HENRY CLAY.
and is unanswerable. And I liere, in my place, in the presence of
my country and my God, ai^er the fullest consideration and delibera-
tion of which my mind is capable, reassert my solemn conviction of
the truth of every proposition contained in that resolution. But
it is not my intention to commit such an infliction upon the Senate as
that would be, of retracing the whole ground of argument formerly
occupied, 1 desire to lay before it at this time, a brief and true state
of the case. Before the fatal step is taken of giving to the expunging
resolution the sanction of the American Senate, I wish, by presenting
a faithful outline of the real questions involved in the resolution of
1834, to make a last, even if it is to be an inefifectual appeal to the
sober judgments of senators. I b^in by reasserting the truth of thai
resolution.
Our British ancestors understood perfectly well the immense im-
portance of the money power in a representative government. It is
the great lever by which the crown is touched, and made to conform
its administration to the interests of the kingdom, and the will of the
people. Deprive parliament of the power of freely granting of with-
holding supplies, and surrender to the king the purse of the nation,
h * instantly becomes an absolute monarch. Whatever may be the
form of government, elective or hereditary, denK>cratic or despotiC|
that person who commands the force of the nation, and at the same
time has uncontrolled possession of the purse of the nation, has abso-
lute power, whatever may be the official name by which he is *
called.
Our immediate ancestors, profiting by the lessons on civil liberty,
which had been taught in the country from which we sprung, endea-
Tored to encircle around the public purse, in the hands of Congress,
every possible security against the intrusion of the executive. With
this view. Congress alone is invested by the Constitution with the
power to lay and colUct the taxes. When collected, not a cent is to
be drawn from the public treasury, but in virtue of an act of Congress.
And among the first acts of this government, was the passage of a
law establishing the treasury department, for the safe keeping and
the legal and regular disbursement of the money so collected ■ By
that act a Secretary of the Treasury is placed at the head of the de-
partment ; and varying in respect from all the other departments, he
is to report, not to the President, but directly to Congress, and is lia-
oil THK EZPUNOrirO RI80LUTI0N. 297
ble to be called to give informatioB in person before Congress. It is
impossible to examine dispassionately that act, without coming to the
conclusion that he is emphatically the agent of Congress in perform-
ing the duties assigned by the constitution of Congress. The act fur-
ther provides that a treasurer shall be appointed to receive and keep
the public money, and none can be drawn from his custody but under
the authority of a law, and in virtue of a warrant drawn by the sec-
retary of the trecaury, countersigned by the comptroller, and recorded
by the register. Only when such a warrant is presented can the
treasurer lawfully pay one dollar from the public purse. Why wai
the concurrence of these four officers required in disbursements of the
public money ? Was it not for greater security ? Was it not intended
that each, exercisiag a separate and independent will, should be a
check upon every other ? Was it not the purpose of the law to con-
sider each of these four oificers, acting in his proper sphere, not as a
mere automaton, but as an intellectual, intelligent, and responsible
person, bound to observe the law, and to stop the warrant, or stop
the money, if the authority of the law were wanting }
Thus stood the treasury from 1789 to 1816. During that long time
no President had ever attempted to interfere with the custody of the
public purse. It remained where the law placed it, undisturbed, and
every chief magistrate, including the father of his country, respected
the law.
In 1^16 an act passed to establish the late Bank of the United
States for the term of twenty years ; and, by the 16th section of the
act, it is enacted,
'* ThRt the d^poditcfl of th*; money of the United States in places in which the
9aid Bank and the branches thereof may be establiilipd, shall be made in raid Bank
or branches thereof, nnless ihe &;rretary of the Treasury shall at at any lime other-
wise order and direct ; in which cam the Secretary of the TreaBnry ehail immedi*
ately lay before Congreas if in seaaion, and If not. imoiediately after the commoace-
menc of the next aeraton, the reuona of snch order or direction.**
Thus it is perfectly manifest, from the express words of thp law,
that the power to make any order or direction for the removal of the
public deposites, is confided to the Secretary alone, to the absolute
exclusion of the President, and all the world besides. And the law,
proceeding upon the established principle that the Secretary of the
treasury, in all that concerns the public purse, acts as the direct agent
of Congreasi requirea, in the event of hi$ ordering or directing a le-
908 8PEECHS1 OP HENRT CLAT.
moTal of the deposites, that he shall immediately lay his
therefor before whom ? the President ? No : before Congress.
So stood the public treasury and the public deposites from the yesr
1816 to September, 1833. In all that period of 'seventeen years,
running through or into four several administrations of the goTem-
ment, the law had its uninterrupted operation, no chief magistrate
having assumed upon himself the power of diverting the public purse
from its lawful custody, or of substituting his will to that of the offi-
cer to whose csae it was exclusively entrusted.
In the session of Congress of 1832—^3, an inquiry had been insti-
tuted by the House of Representatives into the condition of the Bank
of the United States. It resulted in a conviction of its entire safety,
and a declaration by the House, made only a short thne before the
adjournment of Congress on the fourth of March 1833, that the pub-
lic deposites were perfectly secure. This declaration was probably
made in consequence of suspicions then'afioat of a design on the part
of the executive to remove the deposites. These suspicions were de-
nied by the press fVicndly to the administration. Nevertheless, the
members had scarcely reached their respective homes, before meas*
ores were commenced by the executive to effect a removal of the
deposites from that very place of safety which it was among the
last acts of the House to declare existed in the Bank of the United
SUtes.
In prosecution of this design, Mr. McLain, the Secretary of the
Treasury, who was decidedly opposed to such a measure, was pro-
moted to the Departn^ent of State, and Mr. Duane was appointed to
succeed him. But Mr. Duane was equally convinced with his pre-
decessor that he was forbidden by every consideration of duty to ex-
ecute the power with which the law had entrusted the Secretary of
the Treasury, and refused to remove the deposites ; tehereupon he
was dismissed from office, a new Secretary of the Treasury was ap-
pointed, and, in September, 1833, by the command of the President,
the measuie was finally accomplished. That it was the President^
act was never denied, but proclaimed, boasted, defended. It fell
upon the country like a thunderbolt, agitating the Union from one
extremity to the other. The stoutest adherents of the administra-
tion T^ere alaiined , and all thinking men, not blinded by party pre*
OW THE BZFUIiaiNO ElfOLUTION. 900
judice, beheld in the act a bold and dangerous exercise of power ; and
no human sagacity can now foresee the tremendous consequences
which will ensue. The measure was adopted not long before the
appro^hing se^ution of Congress; and, as the concurrence of both
branches might be necessary to compel a restoration of the deposites,
the object was to take the chance of a possible division between them,
and thereby defeat the restoration.
And where did the President find the power for this most extraor-
dinary act ? 4t has been seen that the constitution, jealous of all
executive interference with the treasury of the nation, had confined it
to the exclusivp care of Congress by every precautionary guard, from
the first imposition of the taxes to the final disbursement of the pub-
lic money.
It has been seen that the language of the sixteenth section of the
law of 181 G, is express and free from all ambiguity; and that the
Secretary of the Treasury is the sole exclusive depository of the au-
thority which it confers.
Those who maintain the power of the President have to support it
against the positive language of the constitution, against the explicit
words of the statute, and against the genius and theory of all our
institutions.
And how do they surmount these insuperable obstacles ? By a
series of far-fetched implications, which, if every one of them were
as true as they are believed to be incorrect or perverted, would stop
hi short of maintaining the power which was exercised.
The first of these implied powers is, that of dismissal, which is
claimed for the President. Of all the questioned powers ever exer-
cised by the government, this is the most questionable. From the
first Congress down to the present administration, it had never been
examined. It was carried then, in the Senate, by the casting vote
of the Vice President. And those who, at that day argued in behalf
of the power, contended for it upon conditions which have been ut-
terly disregarded by the present Chief Magistrate. The power of
dismissal is no where on the constitution granted, in express terms,
to the President. It is not a necessary incident to any granted power ;
. 900 . tPBBCHBS or HBIfRT CLAY.
and the friends of the power have never been able to agree among
themselves as to the precise part of the ponstitution from which it
springs ?
*
But) if the power of dismissal was as incontestible as it is justly
controvertable, we utterly deny the consequences deduced from it.
The argument is, that the President has, by implication, the power
of dismissal. Fiom this first implication another is drawn, and that
is, that the President has the power to control the officer, whom he
may dismiss, in the discharge of his duties, in all cases whatever ;
and that this power of control is so comprehensive as to include even
the case of a specific duty expressly assigned by law to the desigD*-
ted officer.
Now, wc deny these results from the dismissing power. That
power, if it exists, can draw after it only a right of general superin-
tendence. It cannot authorize the President to substitute his will to
the will of the officer charged with the performance of official duties.
Above all, it cannot justify such a substitution in a case where the
law, as in the present instance, assigns to a designated officer exclu-
sively the performance of a particular duty, and conunands him to
report, not to the President, but to Congress, in a case regarding the
|Hiblic purse of the nation, committed to the exclusive control of
Congress.
Such a consequence as tliat which I am contesting would concen-
trate in the hands of one man the entire executive power of the na-
tion, uncontrolled and unchecked.
It would be utterly destructive of all official responsibility. In-
stead of each officer being responsible, in his own separate sphere,
for his official acts, he would shelter himself behind the orders of the
President. And what tribunal, in heaven above or on earth below,
could render judgment against any officer for an act, however atro-
cious, performed by the express command of the President, which,
according to the argument, he was absolutely bound to obey ?
Whilst all official responsibility would be utterly annihilated in
subordinated officers, there would be no practical or available respon-
sihility in the President himself.
oir THE fvvaatna k»olutioii. < 301
But the cace baa beea luppoKd, of a necesetty for the remoTal of
the deposites, and a refusal of the Secretary of the Treoaury to re-
move them ; and it is triumphaoUy asked if, in such a case, the Pre-
sident may not remore him^ and command the deed to be done. That
is an extreme Casey which may be met by another. Suppose the
President, without any oecessily, orders the removal from a place of
safety to a place of hazard. If there be danger that a President may
neglect his duty, there is equal danger that a President may abuse
his authority. Infallibility is not a human attribute. And there ia
more security for the pullic in boldiog the Secretary of the Treasury
to the strict performance of ao ollicial duty specially assigned (o him,
uoder all his ollicial revpoasibility, than to allow the President to
wrest the work from bis banda, annihilate his responsibility, and
stand himself practically irresponsthle. It is far better that millions
should be lost by the neglect of a Secretary of the Treasury, than to
establish the monstrous principle that all the checks and balances of
the executive goirernmeot shall be broken down, the whole power
absorbed by one man, and his will become the supreme rule. The
argument which I am combating places the whole treasuiy of the
nation at the mercy of the executive. It is io vain to talk of appro-
priations by law, and the fonnalitieB of warrants upon the treasuiy.
Assuming the argument to be cOnect, what is to prevent the execu-
tion of an order from the President to the Secretary of the Treasury
to issue a warrant, without the sanction of a previous legal appro-
priation, to the Comptroller to countersign it, to the Register to re-
gister it, and to the Treasurer to pay it ? What becomes of that
quadruple security which the precaution i^ the law provided i In-
stead of four substantive and independent wills, acting under leffi
obligations, all are merged in the executive.
But there was in point ot fkct, no cause, none whatever for tbe
measure. Every fiscal consideration, (and no other had the Secr»-
tary or the President a right to entertain,) required the deposiles to
be left undisturbed in the place of perfect safety where by law they
were. We told you so at the tinoe. We asserted that the charges
of insecurity and insolvency of the bank were without the slightest
foundation. And time, that great arbiter of human controversies,
has confirmed all that we said. The Bank, from documents submiU
ted to C^gress by the Secretary of tbe Treasury at the present ae^
non, appears to be able not only to return evny dollar of the stook
802 SPKKCH18 OP HBNRT CLAT.
held in its capital by the public, but an addition of eleren per oent.
beyond it.
Those who defend the executive act, have to maintain not only
that the President may assume upon himself the discharge of a du^
especially assigned to the Secretary of the Treasury, but that he may
remove that officer, arbitrarily, and without any cause, because he
refused to remove the public deposites without cause.
My mind conducts me to a totally difierent conclusion. I think, I
solemnly believe, that the President ^' assumed upon himself authority
and power not conferred by the constitution and laws, but in derogar
tion of both,'* in the language of the resolution. I believed then m
the truth of the resolution ; and I now in my place, and under all
my responsibility, re^avQW my unshaken conviction of it.
But it has been contended on this occasion, as it was in the debata
which preceded the adoption of the resolution of 1834, that the
Senate has no right to express the truth on any question which by
possibility, may become a subject of impeachment. It is manifest,
that if it may, there is no more usual or appropriate form in which it
may be done than that of resolutions, joint or separate, orders, or
bills. In no other mode can the collective sense of the body be ex-
pressed. But Senators maintain that no matter what may be the
executive encroachment upon the joint powers of the two Houses, or
the separate authority of the Senate, it is bound to stand mute, and
not breathe one word of complaint or remonstrance. According to
the argument, the greater the violation of the constitution or the law,
the greater the incompetency of the Senate to express any opinion
upon it ! Further, that this incompetency is not confined to the acts
of the President only, but extends to those of every officer who is
liable to impeachment under the constitution. Is this possible .' Can
it be true ? Contrary to all the laws of nature, is the Senate the
only being which has no power of self-preservation — no right tocom^
plain or to remonstrate against attacks upon its very existence ?
The argument is, that the Senate, being the constitutional tribunal
to try all impeachments, is thereby precluded from the exercise of
the right to express any opinion upon any official malfeasance, except
when acting in its judicial character.
oil rux £ZPV1K»I1I0 BEtOLUnON. 30S
If this disqualification exist, it applies to all impeachable officersi
and ought to have protected the late Postmaster General against the
resolution, unanimously adopted by the Senate, declaring that he had
borrowed money contrary to law. And it would disable the Senate
from considering that treasury order, which has formed such a prom*
ihent subject of its deliberations during the present session.
And how do Senators maintain this obligation of the Senate to
remain silent and behold itself stript, one by one, of all constitutional
powers, without resistance, and without murmur ? Is it imposed by
the language of the constitution ? Has any part of that instrument
been pointed to which expressly enjoins it ? No, no, not a syllable.
But it is attempted to be deduced by another far-fetched implication.
Because the Senate is the body which is to try impeachments, there-
fore it is wferrtd the Senate can express no opinion on any matter
which may ferm the subject of impeachment. The constitution does
not say sb. That is undeniable : but Senators think so.
The Senate acts in three characters, legislative, executive and ju-
dicial ; and their importance is in the order enumerated. By far the
most important of the three is its legislative. In that, almost every
day that it has been in session from 1789 to the present time, some
legislative business has been transacted ; whilst in its judicial cha-
racter, it has not sat more than three or four times in that whole
period.
Why should the judicial function limit and restrain the legislative
function of the Senate more than the legislative should the judicial .'
If the degree of imp6rtance of the two should decide which ou^^ht to
impose tlie restraint, in cases of conflict between them, none can
doubt which it should be.
But if the argument is sound, how is it possible for the Senate to
perform its legislative duties ? An act in violation of the constitu-
tion or laws is committed by the President or a subordinate execu-
tive officer, and it becomes necessary to correct it by the passage of a
law. The very act of the President in question was under a law to
which the Senate had given its concurrence. According to the argu-
ment, the correcting law cannot originate in the Senate, because it
would have to pass in judgment upon that act. Nay, more, it can-
304 tPEBOHKS or H£NRY CXJlT.
.not originate in the House and be sent to the Senate, for the sanae
reason of incompetency in the Senate to pass upon it. . Suppose the
bill contained a preamble reciting the unconstitutional or illegal act,
to which the legislative corrective is applied, according to the argv-
iiK^nt, the Senate must not think of passing it. Pushed to its legiti-
male consequence, the argument requires the House of Representa*
tives itself cautiously to abstain from the expression of any opinion
upon an executive act, except when it is acting as the grand inquest
of the nation, and considering articles of impeachment.
Assuming that the argument is well founded, the Senate is equally
restrained from expressing any opinion which would imply the inno-
cence or the guilt of an impeachable officer, unless it be maintained
thai it is lawful to express praise and approbation, but not censure or
difference of opinion. Instances have occurred in our past history,
(the case of the British minister, Jackson, was a memorable one,)
and many others may arise in our future progress, when in reference
to foreign powers, it may be important for Congress to approve what
has been done by the executive, to present a firm and united front,
and to pledge the country to stand by and support him. May it not
do that ? If tlie Senate dare not entertain and express any opinion
upon an executive measure, how do those who support this expunging
resolution justify the acquittal of the President which it proclaims?
No Senator believed in 1834 that, whether the President merited
impeachment or not, he ever would be impeached. In point of fact
he has not been, and wo have every reason to suppose that he never
will be impeached. Was the majority of the Senate, in a case where
it believed the constitution and laws to have been violated, and the
liberties of the people to be endangered to remain silent, and to re-
frain from proclaiming the truth, because, against all human proba-
bility, the President might be impeached by a majority of his political
friends in the House of Representatives }
If an impeachment had been actually voted by the House of Repre-
sentatives, there is nothing in the constitution which enjoins silence
on the part of the Senate. Jn such a case, it would have been a
matter of propriety for the consideration of each Senator to avoid the
expression of any opinion on a matter upon which, as a sworn judge,
he would be called to act
ON THS EXPUNGING RESOLUTION. 305
Hitherto I have considered the question on the supposition, that
ti:e resolution of March, 1834, implied such guilt in the President,
that he would have been liable to conviction on a trial by impeach-
ment before the Senate of the United States. But the resolution, in
fact, imported no such guilt. It simply afllrmed, that he had '^ as-
sumed upon himself, authority and power not conferred by the con-
stitution and laws, but in derogation of both." It imputed no crim-
inal motives. It did not proft^ss to penetrate into the heart of the
President. According to the phra:>eology of the resolution, the ex-
ceptionable act might have been performed with the purest and most
patriotic intention. The resolution neither affirmed^ his innocence,
nor pronounced his guilt. It amounts then, say his friends on this
floor, to nothing. Not so. If the constitution be trampled upon,
and the laws be violated, the injury may be equally great, whether it
has been done with good or bad intentions. There may be a differ-
ence to the officer, none to the country. The country, as all expe-
rience demonstrates, has most reason to apprehend those encroach-
ments which take place on plausible pretexts, and with good in-
tentions.
I put it, Mr. President, to the calm and deliberate consideration of
the majority of the Senate, are you ready to pronounce, in the face
of this en]igtened community, for all time to come, and whoever may
happen to be the President, that the Senate dare not, in language the
most inoflfensive and respectful, remonstrate against any executive
usurpation, whatever may be its degree or danger ?
For one, I will not, I cannot. I believe the resolution of March,
18'i4, to have been true ; and that it was competent to the Senate to
proclaim the truth. And I solemly believe that the Senate would
have been culpably neglectful of its duty to itself, to the constitution,
and to the country, if it had not announced the truth.
But let me suppose that in all this I am mistaken ; that the act of
the President, to which exception was made, was in conformity with
the spirit of our free institutions, and the language of our constitution
and laws ; and that, whether it was or not, the Senate of 1834 had
no authority to pass judgment upon it ; what right has the Senate of
1837, a component part of another Congress, to pronounce judgment
upoD its predecessor ? How can you who. venture to in^pote to tbxm
306 tPECCHEB or HBNRT CLAY.
who have gone before you an unconstitutional proceeding, escape m
similar imputation? What part of the constitution comrnonicatetf
to you any authority to assign and try your predecessors ? In what
article is contained your power to expunge what they have done ?
And may not the precedent lead to a perpetual code of defacement
and restoration of the transactions of the Senate as consigned to the
public records ?
Are you not only destitute of all authority, but positively forbidden
to do what the ^xpunging resolution proposes ? The injunction of
the constitution to keep a journal of our proceedings is clear, express
and emphatic. It is free from ambiguity : no sophistry can pervert
the explicit language of the instrument ; no nrtful device can elude
the force of the obligation which it imposes. If it were possible to
make more manifest the duty which it requires to be performed, that
was done by the able and eloquent speeches, at the last session, of
the Senators from Virginia and Louisiana, (Messrs. Leigh and Porter)
and at this of my collengue. I shall not repeat the argument. But
1 would ask, if there were no constitutional requirement to keep m
journal, what constitutional right has the Senate of this Congress to
pass in judgment upon the Senate of another Congress, and to expunge
from its journal a deliberate act there recorded ? Can an unconsti-
tutional act of that Senate, supposing it to be so, justify you in per-
forming another unconstitutional act }
But, in lieu of any a^ment upon the point from me, I beg leave
to cite for the consideration of the Senate two precedents : one drawn
from the reign of the most despotic monarch in modern Europe, under
the most despotic minister that ever bore sway over any people : and
the other from the purest fountain of democracy in this country. I
quote from the interesting life of the Cardinal Richelieu, written by
that most admirable and popular author, Mr. James. The Duke of
Orleans, the brother of Louis XIII. had been goaded into rebellion by
the wary Richelieu. The king issued a decree declaring all the sup-
porters of the duke guilty of high treason, and a copy of it was des-
patched to the Parliament at Paris, with an order to register it at
once. The parliament demurred, and proceeded to what was called
an arret de partage.
** SidieKea, however, eoald bew no eoatridictia& in the eovne which be bad leii
ON THE XZPDHOXirO RSIOLUTUnr. 307
dowB for himeelf ;'* [how strong a TMemfolanee does that feature of h'w character
hear to one of an ilhistrious individoal whom I wil! not further describe !] '* and
llurrviog back to Paris wiih the king, he sent, in the monarch's name, a command
imr the members of the Parliament to present themselves at the Liouvre in a body
and en foot. He was obeyed immediately ; and the king KCeiving them with great
hanghimesfi, the keeper of the seals made them a speech, in which he declared that
they had no authority todelibcrnte upon affairs of state : that the business of private
individuals they might discuss, but ttiat the will of the monarch in other matters
they were alone called upon to register. The king then tort with hit own hand$ the
page of tht TcgUter on irhirh the arret de portage had been in$rribed, and jnmitked
witn iuspenrionfrom their funrtion* wonalof the member$ ef the varioiu courti com-
poking the Parliament cfParia.^'
1*
How repeated acts of the exercise of arbitrary power are likely to
subdue the spirit of liberty , and to render callous the public sensibility,
and the fate wliich awaits us, if we had not been recently unhappily
taught in this country, we may learn from the same author.
*• The finances of the Stale were exhausted, new impositions were devised, snd
a vnmber of new ollices created and sold. Against the last named abuse the Puv
Hament ventured to remonstmte : but the government of the Cardinal had for its
flfst principle dei<poti$>m, and the refractory megibtrrs were punished, some with
exile, some with suspension of their functions. AH were forced to comply with his
win, and the Parliament, unable to resist, yielded, step by step, to his exactions.**
The other precedent is suspended by the archives of the democ-
nfey of Pennsylvania, in 1816, when it was genuine and unmixed with
any other ingredient.
The provisions of the constitution of the United States and of Penn*
•yWania, in regard to the obligation to keep a journal, are subataD*
tially the same. That of the United States requires that,
** Each House shall keep a journal of its proceedings, and from time to time md^
iiih the same, except such parts as may in their judgment re<)uire secrecy : and the
ymm and nays of the membere of either House on any question shall, at the desirs
if cme-fifth of the members present; be entered on the journal."
And that of Pennsylvania b ;
'* Elach House shall keep a journal of its proceedings, and publish them weekly
aseept such oarts as require secrecy, and the yeas and najrs of the memben*, on any
fieation shall, at the desire of any two of them, be entered on the journals.'*
Whatever inviolability, therefore, is attached to a journal, kept in
conformity with the one constitution, must be equally stamped on that
kept under the other. On the 10th of February, 1S16, in the House
of Representatives of Pennsylvania, ^< the speaker informed the House
dbal a constitutional question being involved in a decision by him yea-
908 iPEECHBS OF HENRT CLAT.
terJay, on a motion to expunge certain proceedings from the joornaly
he was desirous of having the opinion of the House on that decision,
viz.: that a majority can expunge from the journal any proceedings
in which the yeas and nay$ have not bet-n caVedy Whereupon Mr.
Ilolgate and Mr Smith appealed from said decision ; and on the ques-
tion, Is the speaker right in his decision ? the members present
voted as follows : yeas three, nays seventy-eight. Among the latter
are to be found the two Senators now representing in this body the
State of Pennsylvania. On the same day a motion was made by one
of them ^Mr. Buchanan) and Mr. Kelly, and read as follows :
•• Resolved, That in the oninion of this House no part of the journals of the
House cun be expunged even by uDttnmiouji consent."
The Senate observes that the question arose in a case where there
were but four members out of eighty-two who thought it was compe-
tent to the House to expungi^ it. Had the yeas and nays been called
and recorded, as they were on the resolution of March, 1834, there
would not have been a solitary vote in the House of Representatives
of Pennsylvania in support of the power of expunging. And if you
can expunge the resolution, why may you not expunge also the re*
corded yeas and nays attached to it }
But if the matter of expunction be contrary to the truth of the
case, reproachful for its base subserviency, derogatory from the jnsl
and necessary powers of the Senate, and repugnant to the constitu-
tion of the United States, the manner in which it is proposed to ac-
complish this dark deed, is also highly exceptionable. The expung-
ing resolution, which is to blot out or enshroud the four or five lines
in which the resolution of 1834 stands recorded, or rather the recitals
by which it is preceded, are spun out into a thread .of enormous length.
It runs, whereas, and whereas, and whereas, and whereas, &c., into t
formidable array of nine several whereases. One who should have
the courage to begin to read them, unaware of what was to be theii
termination, would think that at the end of such a tremendous dis-
play he must find the very devil. It is like a kite or a comet, except
that the order of nature is inverted, and the tail, instead of being be-
hind, is before the body to which it is appended.
I shall not trespass on the Senate by inquiring into the truth of all
the assertions offset and of principle, contained in these recitals. Tt
ov i«K EXPvmHiro BBtoLunoir. SCM-
fPtmld not be diffienlt to expose them all, and to show that not ono'
of them has more than a colorable fouifdation. It is asserted by one^
of them that the President was pot upon his trial and condemned|
miheard, by the Senate, in 1834. Was that true ? Was it a trial ?'
Can the majonty now as^rt, npcAi their oaths, and in their coii-'
sciences, that there was any trial or condemnation ? During the'
warmth of debate, senators might endeavor to persuade themselvei
and the public that the proceeding of 1834 was, in its effects and
consequences, a trial, and would be a condemnation of the President ;
but now, after the lapse of near three years, when the excitement
arising from an animated discussion has passed away, it is marvelous
that any one should be prepared to assert that an expression of tho
opinion of the Senate upon the character of an executive act was an'
amignment, trial and conviction of the President of the Uoited'
States]
Another fact, asserted in one of those recitals, is, that the resolih*
tion of 1834, in either of the forms in which it was originally pre-
sented, or subsequently modified prior to the final shape which !t-
assumed when adopted, would have been rejected by a majority of'
the Senate. What evidence is there in support of this assertion ?'
Hone. It is, I verily believe, directly contrary to the fact. In either
of the modifications of the resolution, I have not a doubt, that it
would have passed ! They weve all made in that spirit of accommo^
dation by which the mover of the resolution has ever regulated Ut*
conduct as a member of a deliberative body. In not one single in-'
stance did he understand from any senator at whose request he made
the modification, that, without it, he would vote against theresolotion.
How, then, can even the senators, who were of the minority of
]€34, undertake to make the assertion in question ? How can the
riew senators, who have come here ^ince, pledge themselves to the
(act asserted, in the recital of which they could not have had any
connusance ? But all the members of the majority — the veterans and
the raw recrmts — the six years men and six weeks men — are requir-
ed to Concur in this most unfounded assertion, as I believe it to be.
I submit it to one of the latter (Ibokihg toward Mr. Dana, frolfl
Maine, here by a temporary appointment firom the executive,) whe-
ther, instead of inundating the Senate with a torrent of fulsome and'
revolting adulation poured on the President, it would not be wiser atjd'
more patriotic to illustrate the brief period of his senatorial existence
•U
310 tPKBCHBB or HKURT CLAT.
bif some great me&Aure, fraught with general benefit to the wbob
Union ? Or, if he will not er cannot elevale himself to a view of
the interest of ihe entire country, whether he had not better dedicata
hit time to an investigation into the causes of an alien juiisdictMMl
being still exercised over a large part of the territory of the Slalt
which he represents ? And why the American carrying trade to ihm
British coloneis, in which his state was so deeply interested, has becft
lost by a most improvident and bungling arrangement ?
Mr. President, what patriotic purpose is to be accomplished by this
expunging resolution ! What new honor or fresh laureb will it wui
(or our common country ? Is the power of the Senate so vast thai
it ought to be circumscribed, and that of the President so restricted|t
that it ought to be extended ? What power has the Senate ? NoM
aeperately. It can only act jointly with the other House, or jointljr
with the executive. And although the theory of the constitution
•apposes, when consulted by him, it may freely give an affinnathrt
or negative response according to the practice, as it now. exists, it bat
lost the faculty of pronouncing the negative monosyllable. When
the Senate expresses its deliberate judgment, in the form of resolu*
tion, that resolution has no compulsory force, but appeals only to the
dispassionate intelligence, tlie calm reason, and the sobeT judgment
of the community. The Senate has no army, no navy, no patronagOi
no lucrative, offices, nor glittering honors to bestow. Around at
there is no swarm of greedy expectants^, rendering us homage, anUcH
pating our wishes, and ready to execute our commands.
How is it with the President? Is he powerless. He is felt {rom
one extremity to the other of this vast republic. By means of prin*
ciples which he has introduced, and innovations which he has mada
in our institutions, alas ! too much countenanced by Congress and a
eon6ding people, he exercises uncontrolled the power of the State.
In one hand he holds the purse, and in the other brandishes the
•word of the country. Myriads of dependents and partizans, scat*
tered over the land, are ever ready to sing hosannas to him, and to
laud to the skies whatever he does. He has swept over the govern-
ment, during the last eight years, like a tropical tornado. Eveiy
department exhibits traces of the ravages of the storm. Take, «
one example, the Bank of the United States. No institution cooU
OK THK KXrUMCIirG BESOLUTION. 811
have been more popular with the people, with Congress, and with
State Legislatures. None ever better fulfilled the great purposes of
its establishment. But it unfortunately incurred the displeasure o{
Uie President ; he spoke, and the Bank lies prostrate. And those
who were loudest in its praise are now loudest in its condemnatioa*
What object of his ambition is unsatisfied ? When disabled from age
any longer to hold the sceptre of ppwer, he denignates his successofi
and transmits it to his favorite. What more does he want. Must
we blot, deface and mutilate the records of the country to punish
the presumptuousness of expressing an opinion contrary to his own.
What patriotic purprse is to be accomplished by this expunging
resolution ? Can you make that not to be which has been ? Can
you eradicate from memory and from history the fact, that in March,
1834, f majority of the Senate of the United States passed the reso-
lution which excites your enmity ? Is it your vain and wicked object
to arrogate to youselves that power of annihilating the past which
has been denied to Omnipotence itself? Do you intend to thrust yout
hands into our hearts, and to pluck out the deeply rooted conviction!
which are there ? or is it your design merely to stigmatize us ? Yoq
cannot stigmatize US.
** NeVr yet did Imubc dishonor blur our name."
Standing securely upon our conscious rectitude, and bearing aloft
ihe shield of the constitution of our country, your puny eficirts are
fanpotent, and we defy ail your power. Put the majority of 1834 in
oae seale, and that by which this expunging resolution b to be car*
ried in the other, and let truth and justice, in, heaven above and on
tjie earth below, and liberty and patriotism decide the preponderance.
What patriotic purpose is to be accomplished by this expunging ?
b it to oppeaee the wrath, and to heal the wounded pi ide of the Chief
Magistrate ? If he be really the hero that his friends represent him,
be must despise all mean condescension, all grovelling sycophancy,
all self-degradation, and self-abasement. He would reject with scorn
and contempt, as unworthy of his fame, your black scratches, and
your baby lines in the fair records of his country. Black tines !
Black lines ? Sir, 1 hope the Secretary of the Senate will preserve
the pen with which he may inscribe them, and present it to that Sen-
ator of the minority whom he nwy select, as a proud trophy, to be
81d fFBGcms OF hsurt glat.
transmitted to his descendants. And hereafter, when we shall lam
ibe forms of our free institutions, all that now remain to tm^someib-
Inre American monarch, in gratitude to those hy whose means he bat
been enabled, upon the ruins of civil liberty, to erect a throne, and to
commemorate especially this expunging i^esolutton, may institute m
new order of knighthood, and confer on it the appropriate name of tba
knight of the black lines.
But why should I detain the Senate or needlessly waste my breath
in fruitless exertions. The decree has gone forth. It is one of m^
gency, too. The deed is to be done — that foul deed, like the blood-
stained hands of the guilty Macbeth, all ocean's waters will never
wash out. Proceed, then, to the noble work which lies before you,
and like other skilful executioners^ do it quickly. And when yOia
have perpetrated it, go home to the people, and tell them whs^ glori^
ens honors you have achieved for our common country. Tell them
that you have extinguished one of the brightest and purest lights thit
ever burnt at the altar of civil liberty. Tell them that you have
silenced one of the noblest batteries that ever thundered in defence
of the constitution, and bravely spiked the cannon. Tell them thtt,
henceforward, no matter what daring or outrageous act any Presid^nC
may perform, you have forever hermetically sealed the mouth of the
Senate. Tell them that he may fearlessly assume what power he
please»— snatch from its lawful custody the public purse, command a
military detachment to enter the halls of the capitol, overawe Co»-
gresS) trample down the constitution, and raze every bulwark dhv^
dom ; but that the Senate must stand mute, in silent submissioii^ and
not dare to raise its opposing voice. That it must wait until a Hooaa
of Representatives, humbled and subdued like itself, and a roajoti|y
of it composed of the partisans of the President, shall prefer articles
of impeachment. Tell them finally, that you have restored the glo-
rious doctrine of passive obedience and non-resistance, and, if the
people do not pour out their indignation and imprecations, I hare jal
to learn the character of American freemen.
ON THE SUB-TREASURY.
Iv TUK Senate of the United States, September 25 1837.
[The SutQ Bank Deposite wyUtm of kef ping and disbuTBioff the Public Montjt
having ezploded on t|ie genera] suapeiiBion of Specie Payments by the Banki
Ihroughont the Coontry in May, 1887, leaving the government nearly deatitnte «f
pecuniary means or financial machinery, Mr. Vau Bomur (then newly inaugurated
as President) promptly summoned the new Congress to m^et in Washington on the
fint Monday of September of that year. Although the Elections alier the suspen-
tlon went h^vtly against htm, yet the previous choice of members from one half
*iie States, indudng New York, Pennsylvania, Viiginia, and Ohio, had secured to
. his Administration a decided preponderance in each House. Congress assembled on
the 4th, and the Preadent in his message submitted the fiscal plan known as idle
tvoBPEimtirT TniAiunv or Sub-Treasury, for the collection, safe keeping, and Sb-
«ltaneroeBt of the Public Moneys entirely ' divorced* from Banks. A bill embodyiag
this proposition having been reported to the Senate, from its Committe on Finaaoe
by Mr. Wrioht of New York, upon its consideration >&. Clat addressed the Ses-
ate as follows :]
Fesltno an anxfoas derire to see some efl^taal plan presented to
correct the disorders in the cnrrency, and to restore the prosperity of
the conntry, I have avoided precipitating myself into the debate now
in progress, that I may attentively examine every remedy that
may be proposed, and impartially weigh every consideration ui^ged
in its support. No period has ever existed in this coontry, in whldi
the future was covered by a darker, denser, or more impenetrable
g^oom. None, in which the duty was more imperative to discard aO
passion and prejudice, all party ties, and previous bias, and look ex*
dnsively to the good of our afflicted country. In one respect, and I
think it a fbrtimate one — our present difficulties are distinguishabte
ftom former domestic trouble, and that is their universality. They
sore felt it is true, in difierent degrees, but they reach every sectioai,
every State, every interest, almost every man in the Union. AU
ftel, see, hear, know their existence. As they do not turay, like o«r
tinner divisions, one portion of the confederacy against another, it is
U be hoped that commoti snftriqgs may lead to oommott sympstidiiaa
814 fPECCHBS OF HCNRT CLAT.
wad common counsels, and that we shall, at no distant day, be able to
see a clear way of deli verc nee. If the present state of the countiy
•were produced by the fault of the people ; if it proceeded from their
wasteful extravagance, and their indulgence of a reckless spirit of
ruinous speculation ; if public measures had no agency whatever m
bringing it about, it would nevertheless be the duty of government to
exert all its energies and to employ all its legitimate powers to deviao
aB efficacious remedy. But if our present deplorable conditioo hat
sprung from our rulers ; if it is to be clearly traced to their acta and
operations, that duty becomes infinitely more obligatory ; and gov
ernment would be faithless to the highest and most solemn of hunuui
!trusts should It neglect to perform it. And is it not too true that tho
evils which surround us are to be ascribed to those who have had
the conduct of our public afiiEurs ?
In glancing at the past, nothing can be further from my intentkA
than to excite angry feelings, or to find grounds of reproach. U
ifould be far more congenial to my wishes that, on this occasion wo
should forget all former unhappy divisions and animosities. But ia
order to discover how to get out of our difficulties, we must anrrrtaia
if we can how we got into them.
Prior to that series of unfortunate measures which had for its ob-
ject the overthrow of the £ank of the United States, and the discontinu-
ance of its fiscal agency for the government, no people upon earth evar
enjoyed a better currency, or had exchanges better regulated than the
people of the United States. Our monetary system appeared to have
attained as great perfection as anything human can possibly reach.
The combination of United States and local Banks preseuted a true
Una^e of our system of general and State governments, and worked
quite as well. !Not only within the country had we a local and gco-
eral currency perfectly sound, but in whatever quarter of the globe
American commerce had penetrated, there also did the bills of the
United States Bank command unbounded credit and confidence. Nov
we are in danger of having fixed upon us, indefinitely as to time, ths(t
medium, an irredeemable paper currency, which, by the universal
consent of the commercial world, is regarded as the worst. How
has this reverse come upon us ? Can it be doubted that it is the !»>
ault of those measures to which 1 have adverted ? When, at the veiy
moment of adopting them^ the very consequences which bave faa^
Oir TBS tVB-TBBAtnBT. S16
jpened were foretold at ineTitable, ii it necessafy to look elsewhere
fer their cause ? Never waa prediction more distinctly made ; neTer
#as fulfilment more literal and exact.
Let us suppose that those measures had not been adopted ; that
die Bank of the United States had heen rechartered ; that the public
deposites had remained undisturbed ; and that the treasury order had
sever issued : is there not every reason to believe that we should be
sow in the enjoyment of a sound currency ; that the public deposites
would be now safe and forthcoming, and that the suspension of specie
payments in May last would not have happened ?
The President's message asserts that the suspension has poceeded
from over-action, over*trading, the indulgence of a spirit of speculation
produced by bank and other facilities. I think this is a view of the
case entirely too superficial. It would be quite as correct and just,
10 the instance of a homicide perpetrated by the discharge of a gun, to
•liege that the leaden ball, and not the man who levelled the piece,
was responsible for the murder. The true inquiry is, how came that
excessive over-trading and those extensive bank facilities which the
■aossage describes ? Were they not the necessary and immediate
consequences of the overthrow of the Bank, and the removal from its
custody of the public deposites } And is not this proven by the vast
flftultiplicalion of banks, the increase of the line of their discounts and
accommodations, prompted and stimulated by Secretary Taney, and
the great augmentation of their circulation which ensued ?
What occurred in the State of Kentucky in consequence of the veto
of the recharter of the Bank of the United States illustrates its efiects
tfuroughout the Union. That State had suflered greatly by banks. It
was generally opposed to the re-esfablishment of them. It had found
the notes of the Bank of the United States answering all the purposes
of a sound currency at home and abroad, and it was perfectly con-
tented with them. At the period of the veto, it had but a single
bank of limited capital and circulation. After it, the State, reluctant
to engage in the banking system, and atill cherishing hopes of the
creation of a new Bank of the United States, encouraged by the sup-
porters of the late President^ hesitated about the incorporation of new
tadiks. But at length, despairing of the establishment of a Bank of
tm United Statea, and fiodbg- itself expoeed to a currency in beak
Ifffi fFSIGHES or BXMJIT CLAT.
jUptes from adjacent States, it proceeded to establish banks of its owi;
9X4 since the veto, since 1S33, has incorporated for that single Stmfei
bank capital to the amount of ten millions of dollars — a sum eqiif) It
the capital of the first Bank of the United States created for the whoU
IJnion.
Thai the local banks, to which the deposites were transferred fion
tibe Bank of the United States, were urged and stimulated freelj to
discount upon them, we have record evidence from the treasoiy dfr-
partment.
The message, to reconcile us to our misfortunes, and to exonerala
(be measures of our own government from all blame in producing the
present state of things, refers to the condition of Europe, and
^ly to that of Great Britain. It allcdges that,
«c
In both countriet we hart witnessed the same redundancy oi paper ^
•iher facilities of credit : the snme Sfiirit of iH>ccnlation ; the tame partial
t^e aame dilficuUiesandTevcwes; and, at length, nearly the aame oven
catastrophe.**
The very clear and able argument of the Senator from Geoq^
(Mr. King) relieves me fiom the nt^cessity of saying much upon this
part of the subject. It appears that during the period referred to fay
the message of 1833-4-5, there was, in finct, no augmentation, or •
Tery trifling augmentation, of the circulation of the country, and tlMl
the message has totally misconceived the actual state of things a
Great Britain. According to the publications to which 1 have had
access, the Bank of England in fact diminished its circulation, com-
p^ing the first with the last of that period, about two and a half
Billions sterling ; and although the joint-stock and private banks in*
pleased theirs, the amount of increase was neutralized by the amooal
gf diminution
If the state of things were really identical, or similar, in the tWQ
countries, it would be fitir to trace it to similarity of causes. But is
tbat the case } In Great Britain a sound currency was presenred hf
ft recharter of the Bank of England about the same time that the r^
charter of the Bank of the United States was agitated here. In thi
United States we have not preserved a sound currency, in const*
quence of the veto. If Great Britain were near the same catastrapha
(Iba su^iensiun of specie payments) wbioh occomd liere,sbe iift?«i»
OK TBI WQ»^V9iMA»VMt. Mf
tfialess ucaped it; and this di6fereiice in tke condition of the two
countries makes all the diflference in the world. Great Britain has
recovered from whatever mercantile diatreases she experienced ; we
have not ; and when shall we ? All is bright^ and cheerfol, and en-
couraging in the prospects which lie before her ; and the reverse is
our unfortunate situation.
Great Britain has, in truth, experienced only those temporary
barrassments which are incident to commercial transactions, conduct-
ed upon the scale of vast magnitude on which hecs are carried ott-
Prosperous and adverse times, action and reaction, are the lot of all
commercial countries. But our distresses sink deeper ; they reach
the heart, which has ceased to perform its office of circulation in the
great conceriu of our body politic
Whatever of embarrassment Europe hasxecently experienced, maf
be satii>factoriIy explained by its trade and connexions with thi
United States. The degree of embarrassment has been marked, in
the commercial countries there, by the degree of their connexion with
the United States. All, or almost all, the great fiedlures in Europe
have been of houses engird in the American trade. Great Britaiai
which, as the message justly observes, m^ntains the closest relationa
with us, has sufl^red moat, France next, and so on, in the order of
their greater or less commercial intercourse with us. Most truly
was it said by the Senator from Greorgia, that the recent embarraas-
ments of Europe were the embarraagments of a creditor, from whom
payment was withheld by the debtor, and from whom the preciooa
metals have been unnecessarily withdrawn by thepdicy of the aame
4cJi)tor.
Since the intensity of sufl)?iing, and the disastrous state of thioga ia
this country, have far transcended anything that has occurred in
Burope, we must look here for some peculiar and more potent causes
than any which have been in operation there. They are to be fonad
in that seriea of measures to which I liave already adverted.
lat. The veto of the Bank.
2A. The removal of the depoaites, with the uigent injunction of
fltpwtaiy Taney iwon the banhe to enlaigif their apeommodatioMk
•18 •rmwcnwB or RS5Bt clat.
' 3d. The gold bill, and the deoiftDd of gold for the foreign indeamiliei
4th. The clmnt y execution of the deposite law ; and
6th. The treasury order of July, 1836.
[Here Mr. CLAr w^nt into an eztminttioD of thesr mparam to ihow that ths
iallated cond'uiun oi tlie counUy, the wild qiecnhftiiont, which had ritea to iMv
height when they began to be checked by the |ire|>anition« ol' the local bank* iieec»
tarjr to meet tbe depoeite law of Jud«*, 1S6, the final auspension of specie paymeBli^
•ad the eomeqaeiit diaorden in the eonmcy, comrnetee, and general buameaa •f
Ika oouatiy, were all to be traced to the iotloence of the measuieteoumrralcd. Al
iheae caasca operated immediately, directly, and powerfuUy upon ob, and ibeir
tffecU were indirectly felt in Europe.]
The message imputes to the deposite law, an agency in prodociiig
the existing embarrassments. This is a chai^ frequently made bj
the friends of the administration against that law. It is true thai
the Banks having increased their accommodations, in conformity with
die orders of Secretary Taney, it might not have been convenient to
recall and pay them over for public use. It is true, also, that the
manner in which the law was executed by the treasury departmeal^
transferring large sums from creditor to debtor portions of the coun-
try, without regard to the commerce or business of the country migjhl
have aggravated the inconvenience. But what do those who object
t6 the law think ought to have been done with the surpluses which
had accumulated, and were daily augmenting to such an enormous
amount in the hands of the deposite banks ? Were they to be incor-
porated with their capital, and remain there for the benefit of the
stockholders ? Was it not proper and just, that they should be ap-
plied to the uses of the people from whom they were collected.^
And whenever and however taken from the deposite banks, would
not inconvenience necessarily happen ?
The message asserts that the Bank of the United States, chartered
by Pennsylvania, has not been able to save itself or to chtrck other
institutions, notwithstanding ** the still greater strength it has beei
■aid to possess under its present charter.'' That Bank is now a mere
State or local institution. Why is it referred to mote than the Bank
of Virginia, or any other local institution ? The exalted station
#hich the President fills forbids the indulgence of the suppositioO|
diat the aUution has been neade to enable the administration to prafil
OV THB SU»TRIAflUftT« 810
4f the prejodices vhich have been excited ngainst it. Wai it the
Aity of that baok, more than any other State Bank, to check the
local institutiona ? Waa it not even under 1<*88 obligation to do ao
than the deposite banka, aelected and fixitered bj the general govem-
nent?
But bow could tlie meaiage venture to asserti that it haa greater
atrength than the late Bank of the United Stutea poaaeayed ? What-
ever may be the liberality of the conditiona of its charter, it ia impoa-
^ble that any aingle State could confer upon it (acuUiea equal to those
granted to the late Bank of the United States — 6rat, in making it the
aole depository of the revenue of the United States ; and secondly, in
iMiking its notes receivable in the payment of all public dues. If a
•Bank of the United States had existed, it would bare had ample
aotice of the accumulation of public moneys in the local banics, aiMl,
bfj timely measures of precaution, it could have prevented the specu-
lative uses to which they were applied. Such ao inatitution would
fcave been bound by its relations to the government, to observe its
appropriations and financial arrangement and wants, and to hold itaelf
always ready promptly to meet them. It would have drawn together
gradually, but certainly, the publk; moneys, however dispersed. Re-»
aponsibility would have been concentrated upon it alone, instead of
being weakened or lost by diffusion among some eighty or nine^
local banks, despersed throughout the country, and acting without
any effective concert
A subordinate but not unimportant cause of the evils which al
present encompass us, has been the course of the late administration
towards the compromise act. The great principle of that act, in re-
qpect to our domestic industry, was its stability. It was intended
aod hoped that, by withdrawing the tariff from their annual discus-
afetti in Congress, of which it had been the fruitfql topic, our manu-
fictures would have a certainty, for a long period, as to the measure
af protection, extended to them by its proviifions, which would com-
pensate any reduction in the amount contained in prior acts. For a
year or two after it was adopted, the late admini.Htration manifested
a dispositkni to respect it, as an arrangement which was to be invio-
lable. But, for some time past, it haS l>een constantly threatened from
that quarter, and a settled purpose has been displayed to disregard
ks conditions. Those who had an agency in bringing it fiMrwvd, ufd
400 tPSBOHBS OF HEXmr CLAT
carrying it through Congress,. bare been held up to animadTenrioB ; 1}
Jim been declared by memberiy high in the confidence of the adniM-
•Iralion in both Houses, to possess no obligatory force beyond ani^
«dinary act of legislation, and new adjustments of the tariff ha)f%
been proposed in both Houses, in direct contravention of the' priMS*
pies of the compromise ; and, at the last session, one of them actii>
ally passed the Senate, against the most earnest entreaty and
tftranee. A portion of the Sooth has not united in these attacks
4ie compromise ; and I take pleasure in saying, that the two Senatan
Aom South Carolina, especially, have uniformly exhibited a vesoh^
iM» to adhere to it with perfect honor and fidelity.
The efSbct of those constant threats and attacks, coming fit>m thoM
high in power, has been most injurious. They have shown to Ihii
aaanufaotoriag interest that no certain reliance was to be placed opoa
the steadiness of the policy of the government, no matter under whai
iaiemn circumstances it was adopted. That interest has taken all
aew enterprises have been arrested, old ones curtailed ; and at
■Kmient it is the most prostrate of all the interests in the oonnliy.
One-half in amount, as I have been informed, of the manufiictami
tfiiougbout the country have actually suspended operations,
those who have not, chiefly confine themselves to working np
itock on hand.
The consequence has been, that we have made too little at home,
and purebred too much abroad. This has augmented that foreign
fcbt, the existence of which so powetfully contributed to the sus-
pension, and yet forms an obstacle to the resumption of specie pcf-
nents.
The Senator from South Carolina (Mr. Calhoun) attributed Ite
creation of the sivrplos revenue to the tariflT policy, and especially ta
the acts of 1824 and 1 828. I do not perceive any advantage, on Urn
present occasion, in reviving or alluding to th6 former diasensioas
which prevailed on the subject of that policy. They were all settled
and quieted by the great healing measure (the compromise) to wbieh
1 have referred. By that act I have been willing and ready to abide.
And f have desired only that it should be observed and executed imm
spirit of good faith and fidelity similar to that by which I have
ter actuated towards it
I
mr TBK nrB-TREASUBT. 9M
The act of 1828 was no mpasure of the friends of the mairafactu*
ran. Its [Masage was forced by a coalition between their secret and
open opponents. But the system of protection of American industry
did not cause the surplus. It proceeded from the extraordinary rules
of the public lands. The receipts, from all sources other than that
of the public lands, and expenditures of the years 1833-4-5-6, (dar-
ing which the surplus was accumulating) both amount to about
eighty-s^ven millions of dollars ; thus clearly showiag that the cus-
toms only supplied the necessary means of public disbursement, and
that it was the public domain that produced the surplus.
If the land bill had been allowed to go into operation, it would
hare distributed generally and regularly among the several States
the proceeds of the public lands, as they would haye been received
from time to time. They would have returned back in small streams
similar to those by which they have been collected, animating, and'
improving, and fhictifying the whole country. There would have
been no vast surplus to embarrass the government; no removal
of deposites from the Bank of .the United States to the deposite
banks, to disturb the business of the country ; no accumulations in
the deposite banks of immense sums of public money, augmented by
the circuit it was performing between the land offices and the banks,
and the banks and the land offices ; no occasion for the Secfetary of
the Treasury to lash the deposite banks into the grant of inordinate '
accommodations ; and possibly there would have been no suspensioc
of specie payments. But that bill was suppressed by a most extras
ordinary and dangerous exercise of executive power.
The cause of our present difficulties may be stated in another wbj.
During the late administration we have been deprived of the practi-
cal benefit of a free government ; the forms, it is true, remained and
were observed, but the essence did not exist. In a free, or self-gov*
ernmcnt, the collected wisdom, the aggregate wisdom of the whole, or
at least of a majority, moulds and directs the course of public affairs.
In a despotbm the will of a single individual governs. In a practi-
cally free government, the nation controls the chief magistrate ; in
an arbitrary government, the chief ma^trate control! the nation.
And has not this been our situation in the period mentioned ? Has
not one man forced his will on the nation ? Have not all these dis*
astrous measures — the veto of the bank ; the removal of the dep<^
)
an •PKECnn OP HI1VRT CLAT.
■iies ; the rejection of the land bill^ and the treasury order, whidi
have Jed to our present unfortunate condition, been adopted, in spile
of the wishes of the country, and in opposition, probably, to tbom
of the dominant party itself?
Our misfortune has not been the want of wisdom, but of finnneM.
The party in power would not have governed the country very ill^
if it had been allowed its own way. Its fatal error has been to lead
its sanction, and to bestow its subsequent applause and support upos
executive acts which, in their origin, it previously deprecated or con*
demned. We have been shocked and grieved to see whole legisl^
live bodies and commimities approving and lauding the rejection of
the very measures which previously they had unanimously recon-
mended ! To see whole States abandoning their loog-cherisbed poll-
cy and best interests in subserviency to the executive pleasure ! And
the numberless examples of individuals who have surrendered their
independence, must inflict pain in every patriot bosom, A single caM
forces itself upon my recollection as an illustration, to which 1 do not
advert from any unkind feelings towards the gentleman to whom I
refer, between whom and myself civil and courteous relations have
ever existed. The memorial of the late Bank of the United States,
praying for a recharter, was placed in his hands, and he presented It
to the Senate. He carried the recharter through the Senate. The veld
came ; and, in two or three weeks afterwards, we behold the same Sea*
ator at the head of an assembly of the people in the state-house yard, ia
Philadelphia, applauding the veto, and condemning the bank— ^os*-
demning his own act ! Motives lie beyond the reach of the human eye,
and it does not belong to me to say what they were which prompted
this self-casligation, and this praise of the destruction of his owe
work ; but it is impossible to overlook the fact that this same Sen^
tor, in due time, received from the author of the veto the giA of •
splendid foieign mission !
The moral deducible from the past is, that our free institutiong ert
superior to all others, and can be preserved in their purity and excel-
lence only upon the stern condition that we shall for ever hold Ibe
obligations of patriotism paramount to all the ties of party, and to in-
dividual dictation; and that we shall never openly approve what we
secretly condemn.
Id this rapid, and I hope not faligaing review of the causes which
I Ihiok have brought upon us existing embarrassments, 1 repeat thai
it has been for no purpose of reproaching or criminating those who
have haJ the conduct of our public afikirs ; but to discover tha
means by which the present crisis hss been produced, with a view to
ascertain, if possible, what (which b by far much more important)
should be done by Congress to avert its injurious eflects. And thit
brings me to consider the remedy proposed by the administration.
The great evil under which the country labors is the suspension of
the banks to pay specie ; the total derangement in all domestic ex-
changes ; and the paralysis which has come over the whole busineia
of the country. In regard to the currency, it is not that a given
amount of bank notes will not now command as much as the sam^
amount of specie would have done prior to the suspension ; but it ia
the future, the danger of an inconvertible paper money being in-
definitely or permanently fixed upon the people, that fills them with
apprehensions. Our great object should be to re-establish a sound cur-
rency, and thereby to restore the exchanges, and revive the busineif
of thi country.
The first impression which the measures brought forward by the
administration make, is, that they eoosist of temporary expediently
looking to the supply of the necessities of the treasury ; or, so far aa
any of them possess a permanent character, its tendency is rathef to
aggravate than alleviate the suflerings of the people. None of them
proposes to rectify the disorders in the actual currency of the country ;
but the people, the States, and their banks, are left to shifl for them-
selves as they may or can. The administration, after having inter*
vened between the States and their banks, and taken thtm into their
federal service, without the consent of the States ; after having pufied
and praised them ; after having brought them, or contributed to bnng
them, into their present situation, now suddenly turns its back upoa
them, leaving them to their fate ! It is not content with that ; it must
absolutely discredit their issues. And the very people who were told
by the administration that these banks would supply them with a
better currency, are now left to Struggle as they can with the very
currency which the government recommended to thorn, but which it
now refuses itself to receive !
884 ipncHM OT lunrmr c&at.
The professed object of the tdministration is to establish what it
Imns the currency of the constitutioa, which it propose to aceom*
{dish by restricting the federal goTemment, in all receipts and pay*
ments, to the exclosive use of specie^ and by refusing aii bank paper,
whether convertible or not. It disclaims all purposes of crippling er
putting down the banks of the States : but we shall better detenniBa
the design or the efiect of the measures recommended by conaideriag
them together, as one system.
1/ The first is the sub* treasuries, which are to be made the depoai-
tories of all the specie collected and paid out for the service of llie
general government, discrediting and relusing all the notes of tlia
States, although payable and paid in specie.
2. A bankrupt law for the United States, teyelled at all the Stale
banks, and authorizing the seizure of the effects of any one cyf then
that stop payment, and the administration of their effects under lbs
federal autliority exclusively*
3. A particular law for the District of Columbia, by which aft tfaa
corporations and people of the District, under severe pains and penal-
tiea, are prohibited from circulating, sixty days after the passage of
therlaw, any paper whatever not convertible into specie on demaad|
aod are made liable to prosecution by indictment.
4. And lastly, the bill to suspend the payment of the fourth instal-
meat to the States, by the provisions of which the deposite banks in*
debted to the government are placed at the discretion of the Secretsij
oC the Treasury.
It is impossible to consider this system without perceiving that it
if aimed at, and, if carried out, must terminate in, the total subver-
skm of the State Banks ; and that they will all be placed at the mercy'
of the federal government. It is in vain to protest that there- existi
usi^ketign against them. The effect of those measures cannot be m^
understood.
And why this new experiment or untried expedient ? The people
of this country are tired of experiments. Ought not the adminisCra*
tion itself to cease with them ? Ought it not to take warning frooi
Oir TH« KUB-TKEAtTTRT. 996
the eveots of recent elections ? Above all, rhonld not the Senate,
constituted as it now is, be the last body to lend itself to further ez-*
peiiments upon the business and happiness of this great people ? Ae»
cording to the latest expression of public opinion in the several Statei,
the Senate is no longer a true exponent of the will of the States or
of the people. If it were, there would be thirtj*twoor thirtj-fbur
wbigs to eighteen or twenty friends of the administration.
Is it desirable to banish a convertible paper medium, and to substi-
tute the precious metals as the sole currency to be used in all the
vast extent of varied business of this entire country ? I think not*
The quantity of precious metals in the world, looking to our (air dis-
tributive share of them, is wholly insufficient. A convertible paper
is a great time-saving and labor-saving instrument, independent of its
superior advantages in transfers and remittances. A friend no longer
ago than yesterday, informed me of a single bank whose pajrments
and receipts in ocTe day amounted to two millions of dollars. Whtt
time would not have been necessary to count such a vast sum ? The
payments, in the circle of a year, in the city of New York, wer#» 6§-
timated several years ago at fifteen hundred millions. How many
men and how many days would be necessary to count such a sum ? A
young, growing, and enterprising people, like those of the United
States, more than any other, need the use of those credits which vre
Incident to a sound paper system. Credit is the friend of indigent
merit. Of all nations, Great Britain has most freely used the credit
system ; and of all, she is the most prosperous. We must cease to
be a commercial people ; we must separate, divorce ourselves from
the commercial world, and throw ourselves back for centuries, if we
restrict our business to the exclusive use of specie.
It is objected against a convertible paper system, thst it is liable to
expansions and contractions ; and that the consequence is the rise and
fall of prices, and sudden fortunes or sudden ruin. But it is the ini-
portation or exportation of specie, which forms the basis of paper,
that occasions these fluctuations. If specie alone were the medium
of circulation, the same importation or exportation of it would make
it plenty or scarce, and affect prices in the same manner. The nomi-
nal or apparent prices might vary in figures, but the sensation upon
the community would be as great in the one case as in the other.
These alternations do not result, therefore, from the nature of the me-
.$26 8PEBCHE8 OF HENRY CI^AT.
diom^ Mrhether that be specie exclusive] j, or paper convertible into i
cie, but from the operations (^commerce. It is commerce, at last, that
is chargeable with expansions and contractions ; and against commeioey
and not its instrument, should opposition be directed,
•
1 have heard it urged by the Senator from South Carolina (Mr.
Calhoun) >¥ith no little surprise, in the course of this debate, that m
convertible paper would not answer for a currency, but that the true
.standard of value was to be found in a paper medium not convertible
into the precious metals. If there be, in regard to currency, one
truth which the united experience of the whole commercial world
has established, I had supposed it to be that emissions of paper
money constituted the very worst of all conceivable sflecies of cur-
rency. The objections to it are : 1st. That it is impracticable to a»>
certain, a priori^ what amount can be issued without depreciation;
and, 2d. That there is no adequate security, and, in the nature of
things, none can exist, i^ainst excessive issues. * The paper money
of North Carolina, to which the Senator referred, according to the in-
(brnuttion which I have received, did depreciate. It was called Proc,
an abbreviation of the authority under which it was put forth, and it
took one and a half and sometimes two dollars of Proc. to purchase
one in specie. But if any one desires to understand perfectly the
operation of a purely paper currency, let him study the history of the
bank of the commonwealth of Kentucky. )t was established about
fifteen or sixteen years ago, with the consent of a majority of the
people of that State. It is winding up and closin«: it<« career with the
almost unanimous approbation of the whole people. It had an a(^>
thority to issue, and did issue, notes to the amount of about two mill*
ions of dollars. These notes, upon their face, purported an obliga-
tion of the bank to pay the holder, on demand, the amount in specie;
but it was well known that they would not be so paid. Ag a secu-
rity for their ultimate payment, there were : 1st. The notes of indi-
viduals supposed to be well secured, every note put out by the bank
being represented by an individual note discounted. 2d. The funds
of the State in a prior Slate bank, amounting to about half a million
of dollars. 3d. The proceeds of a large body of waste lands beloi^-
hig to the State. And 4(h. The annual revenue of the State, and
public dues, all of which were payable in the notes of the C/oflunoD
wealth Bank
OR TBI SUB-TREASURY. 397
Notwithstanding this apparently solid provision for the redemption
of the notes of the hank, they began to depreciate shortly afler it com-
menced operation, and in the course of a few months they sunk af
low as fifty per cent. — two dollars for one specie dollar. They con-
tinued depreciated for a long time, until after large amounts of them
were called in and burned. They then rose in value, and now, when
there is only some fifty or one hundred thousand dollars out, they have
risen to about par. This is owing to the demand for them, created
by the wants of the remaining debtors to the bank, and their receiva-
bility in payment for taxes. The result of the experiment is, that,
although it is possible to sustain at about par a purely paper medium
to some amount, if the legislative authority which creates it also cre-
ate a demand for it, it is impracticable to adjust the proportions of
supply and demand so as to keep it at par, and that the tendency ij
always to an excess of issue. The result, with the people of Ken-
tucky, has been a general conviction of the mischiefs of all issues of
an irredeemable paper medium.
Is it practicable for the federal government to put down the State
banks, and to introduce an exclusive metallic currency ? In the oper-
ations of this government, we bhould ever bear in mind that political
power is distributed between it and the States, and that, while our
duties are few and clearly defined, the gre.at mass of legislative au-
thority abides with the States. Their banks exist without us, inde-
pendent of us, and in spite of us. We have no constitutional power
or right to put them down. Why, then, seek their destruction, openly
or secretly, directly or indirectly, by discrediting their issues, and by
bankru])t laws, and bills of pains and penalties. What are these
banks now so descried and denounced ? Intruders, aliens, enemies
that have found their way into the bosom of our country against our
will. Reduced to their elements, and the analysis shows that they
consist: 1st. of stockholders ; 2d. debtors; and 3d. bill-holders and
other creditors. In «omc one of these three relations, a large majority
of the people of the United States stand. In making war upon the
banks, therefore, you wage war upon the people of the United States.
It is not a mere abstraction that you would kick and cuff, bankrupt
nnd destroy, but a sensitive, generous, confiding people, who are
anxif usly turning their eyes towards you, and imploring relief. Every
blow that you inllict upon the banki, reaches them. Press the banks,
ud you preM ibem*
98B 8PRCHC8 OF HENBT CLAT. •
True wisdom, it seems to me, requires that we •houlcl not 0eek
after if we could discover unattainable abstract perfection ; but ahonld
look to what is practicable in human affairs, and accommodate our
l^islation to the irreversible condition of things. Since the States
and the people have their Banks and will have theqa, and since we
have no constitutional authority to put them down, our duty is to
come to their relief when in embarrassment, and to exert all our
legitimate powers to retain and enable them to perform, in the mofi
beneficial manner, the purposes of their institution. We should em-
bank, not destroy, the fertilizing stream which sometimes thfy^^^Bf
an inundation.
We are told that it is necessary to separate, divorce tbe govern-
ment from the banks. Let us not be deluded by sounds. Senaton
might as well talk of separating the government from the States, or
from the people, or from the country. We are all — People — States
— Union — Banks, bound up and interwoven together, united in for-
tune and destiny, and all, all entitled to the protecting care of a par-
ental government. You may as well attempt to make the govern-
ment breathe a different air, drink a different water, be lit and warm-
ed by a different sun from the people ! A hard money govemmeot
and a paper money people ! A government, an official corps — ^the
servants of the people— flittering in gold, and the people themselves,
their masters, buried in ruin, and surrounded with rags.
No prudent or practical government, will in its measures run
counter to the long-settled habits and usages of the people. Religion,
language, laws, the established currency and business of a wliole
country, cannot be easily or suddenly uprooted. After the denom-
ination of our coin was changed to dollars and cents, many years
elapsed before the old method of keeping accounts, in pounds, shillings
and pence, was abandoned; and, to this day, there are probably some
men of the last century who adhere to it. If a fundamental change
becomes necessary, it should not be sudden, but conducted by slow
and cautious degrees. The people of the United States have been
always a paper money people. It was paper money that carried ns
through the revolution, established our liberties, and made us a free
and independent people. And, if tbe experience of the revolutiosaiy
war convinced our ancestors, as we are convinced, of the evils of an
irredeemable paper medium, it was put aside only to .^fptve plaea la
i
mr THS $VB-TRXASURT. 3M
that conyertiUe paper which has so power(ulIy contributed to oar
rapid advancementy prosperity, and greatness.
The proposed substitute of an exclusive metallic currency , to tha
mixed medium with which we have been so long familiar, is forbid*
den by the principles of eternal justice. Assuming the currency of
the country to consist of two-thirds of paper and one of specie ; and
assuming, also, that the money of a country,, whatever may be its
component parts, regulates all values, and expresses the true amount
which the debtor has to pay to his creditor, the eflfect of tho change
upon that relation, and upon the property of the country^ would be
most ruinous. — AH property would be reduced in value to ono-third
of its present nominal amount, and every debtoi would, in effect,
have to pay three times as much as he had contracted for. The prea*
sure of our f ireign debt would be three times as great as it is, whikt
the six hundred millions, which is about the sum now probably don
to the Banks from the people, would be multiplied into eighteen hun*
dred millions.
But there are some more specific objections to this project of snb>
treasuries, which deserve to be noticed. The first is, its msecurity.
The sub-treasurer and his bondsmen constitute the only guamnty for
the safety of the immense sums of public money which pass through
his hands. Is this to be compared with that which is possessed
through the agency of Banlis ? The collector, who is to be sub-
treasurer, pays the money to the bank, and the bank to the disburs*
ifig officer. Here are three checks ; you propose to distroy two of
them \ and that most important of all, the bank, with its machinery
of president, directors, cashier, teller and cler«s, all of whom are so
many sentinels. At the very moment, when the Secretary of the
Treasury tells us how will hit sub-treasury system work, he baa
communicated to Congress a circular, signed by himself, exhibiting
his distrust in it, for he directs in that circular that the public mo-
neys, when they amount to a large sum, shall be specially deposited
with these very banks which he wonld repudiate. Inthe State of Ken^
tocky, (other gentlemen can speak of their respective States) although
it has existed but about forty-five years, three treasurers, selected by
the legislature for their established characters of honor and probity,
proved faithless. And the history of the delinquency of one, is tha
hiitoiyofalL It coiBnieMedkkanianwcakjMsa> yielding to eajwetl
880 SPEtCHEt OF RERBT CLAT.
•olicitatioM for temporary loans, wiih the most positive assoranoefl
of a punctual return. Id no instance was there originallj any iDten-
tion to defraud the public. We should not expose poor human Da-
tore to such temptations. How easy will it be, as has been done, to
indemnify the sureties out of the public money, and squander the
residue?
2. Then there is the liability to favoritism. In the receipts, a po-
litical partisan or friend may be accommodated in the payment of
duties, in the disbhrsement, in the purchase of bills, in drafts opoa
oonvenient and favorable offices, and id a thousand ways.
3. The fearful increase of executive patronage. Hundreds wni
thousands of new officers are to be created ; for this bill is a mere
commencement of the system, and all are to be placed under the direet
control of the President.
The Senator from South Carolina (Mr. Calhoun) thinks that the
executive is now weak, and that no danger is to be apprehended from
its patronage. I wish to God 1 could see the subject in the same
light that he does. I wish I could feel free from that alarm at ex-
ecutive encroachments by which he and I were so recently animated.
Where and how, let me ask, has that power, lately so fearful and
formidable, suddenly become so weak and harmless ? Where is that
corps of one hundred thousand office-holders and dependents, whose
organized strength, directed by the will of a single man, was lately
held up in such vivid colors and powerful language by a report made
by the Senator himself? When were they disbanded ? What has
become of proscription ? Its victims may be exhausted, but the spirit
and the power which sacrificed them remain unsubdued. What of
the dismissing power ? What of the veto ? Of that practice of
withholding bills contrary to the constitution, still more reprehensi-
ble than the abuses of the veto ? Of treasury orders, put in force
and maintained in defiance and contempt of the legislative authority ?
And although last, not least, of that expunging power which degra-
ded the Senate, and placed it at the feet of the executive ?
Which of all these numerous powers and pretensions has the pree-'
ent chief magistrate disavowed ? So far fi'om disclaiming any one
of them, has he not announced his intention to follow in the veiy
Oir THS IVl-TMBAf URT. 881
fboteteps of his predecessor ? And fats he not done it ? Was it againsl
the person of Andrew Jackson that the Senator from South Carolina^
so ably co«operated with us ? No, sir, no, sir, no. It was against
his usurpations, as we helieved them, ap^ainst his arbitrary admin-
istration, above all, against that tremendous and frightful augmenta-
tion of the power of the executive branch of the government, thai
we patriotically but vainly contended. The person of the chief ma-
gistrate is changed ; but there stands the executive power, perpetci-
ated in all its vast magnitude, undiminished, re-asserted, and over- .
shadowing all the other departments of the govemm«6t. Every
trophy which the late President won from them, now decorates the
executive mansion. Every power, which he tore from a bleeding
constitution, is now in the executive armory, ready, as time and oe-
casion may prompt the existing incumbent, wherever he may be, to
be thundered against the liberties of the people.
Whatever may have been the motives of the course of others, I
owe it,to myself and to truth to say, that, in deprecating the election
of Greneral Andrew Jackson to the office of Chief Magistrate, it was
not from any private considerations, but because I considered it would
be a great calamity to my country ; and that, in whatever opposition
I made to the measures of his administration, which more than real*
ized my very worst apprehensions, I was guided solely by a sense of
public duty. And I do now declare my solemn and unshaken convic-
tion, that, until the executive power, as enlarged, extended, and con-
solidated by him, is reduced within its true constitutional limits,
there is no permanent security for the liberties and happiness of this
people.
4. Lastly, pass this hill, and whatever divorce its fiiends may pro-
fits to be its aim, that perilous union of the purse and the sword, so
justly dreaded by our British and revolutionary ancestors, beconoes
absolute and complete. And who can doubt it who knows that over
the Secretary of the Treasury at Washington, and every sub-treasu-
rer, the President claims the power to exercise uncontrolled sway-
to exact implicit obedience to his will ?
The BMtssage states that, in the process both of collection and dis- '
bnrsement of the public revenue, the officers who perform it act under
Ike execQtive conunaiids ; and it argues that, thereANre, the custody^
SM spncBM or hekrt clat.
flbo of the ireasuiy might as well be confided to the ezecatiTe
I think the safer condusion is directly opposite. The possessios oC
10 much power over the national treasure is just cause of regrety tiifl
furnishes a strong reason for diminishing it^ if possible, but none for
its increase, none for giving the whole power over the purse to tbi
Chief Magistrate.
Hitherto I have considered this scheme of sub-treasuries as if it
was only what its friends represent it — a system solely for the pur>
pose of collecting, keeping, and disburseing the public moneyi in
specie exclusively, without any bank agency whatever. But it is
manifest that it is destined to become, if it be not designed to be, a
vast and ramified connexion of government banks, of which the prin-
cipal will be at Washington, and every sub-treasury will be a branch.
The Secretary is authorized to draw on the several sub-treasurers in
payment for all the disbursements of government. No law restricts
him as to the amount or form of his drafts or checks. He may throw
them into amounts suited to the purposes of circulation, and give
them all the appearance and facilities of bank notes. Of all the bmnch-
ea of this system, that at New York will be the most important, since
about one half of the duties is collected there. Drafb on New York
are at par, or command a premium from every point of the Union. It
is the great money centre of the country. Issued* in convenient sums,
thej will circulate throughout Uie whole Union as bank notes ; and
as long as confidence is reposed in them, will be preferred to the
specie, which their holders have a right to demand. Tbey will sup-
ply a general currency, fill many of the channels of circulation, be a
substitute for notes of the Bank of the United States, and supplant to
a great extent the use of bank notes. The necessities of the people
will constrain them to use them. In this way they will remain a long
time IB circulation; and in a few years we shall see an immense portion
of the whole specie of the country concentrated in the hands of the
branch bank — that is, the sub-treasurer at New York, and represent^
ed by an equal amount of government paper dispersed throughout the
country. The responsibility of the sub-treasurer will be consequent^
greatly increased, and the government will remain bound to guaran-
tee the redemption of all the drafts, checks, or notes (whatever may
be their deiK)mination,) emitted upon the faith of the money in his
custody, and, of course, will be subject to the hazard of the loss ef
the amount of specie in the hands of the sub-treasurer. If, in tba
09 TBI SUB-na4MimT* 3tt
^tmnifiicenieirt of this tyitem, ihie holders of this gorermnent paper
shall be required to present it for payment in coin, within a specified
ttme, it will be foand inconvenient or impracticable to enforce the i^
strictioni and it will be ultimately abandoned|
Is the Senate prepared to consent to place not only all the qpeoie
that may be collected for the rerenue of the country at the will of the
President, or which is the same thing, in the custody of persons act-
ing in obedience to his will, but to put him at the head of the mosi
powerful and influential system of government banks that ever existed.
It ia said, in the message, that government is not bound to supply
the country with the exchanges which are necessary to the transac-
tion of its business. But was that the language held during the pfO»
gress of the contest with the late Bank of the United States ? Wae
not the expectation held out to the people that they would be sup*
plied with a better currency! and with better regulated exchange?
And did not both the late President and the Secretary of the Treats
ury dwell, with particular satisfaction, in several messages and reports
upon the improvement of the currency, the greater amount in ex>*
change, and the reduction of the rates, under the operation of the
State bank system, than existed under the Bank of the United States ?
Ipstead of fulfilling his promises then held out, the government now
wraps itself up in its dignity — ^tells the people that they expect too
much of it ; that it is not its business to furnish exchanges ; and that
they may look to Europe for the manner in which, through the
agency of private bankers, the commerce and business of its countries
are supplied with exchange. We are advised to give up our Ameri-
can mode of transacting business through the instrumentality of
hanking corporations, in which the interests of the rich and the poor
a^ happily blended, and to establish bankers similar to the Hopca,
the Barings, the Rothschilds, the Hotinguers, of Europe ; houses
which require years of ages to form and to put in successful opcrar
lion, and whose vast overgrown capitals, possessed by the rich ex-
clusively of the poor, control the destiny of naUonS| and detecmintf
the fate of empires.
Having, I think, Mr. President, shown that the project of the ad*
ministration is.neither desirable nor practicable, nor within theconi^
snittttAonal power of the general flOTStoaieatftBoriMit^ ^thal kii
884 iPBICBSf OP BKIfRT CLAT.
contrary to the habiti of the people of the United States, and if daii-
geroutt to their liberties.- 1 might here clozie my remarks ; but 1 con-
ceive it to be the duty of a patriotic opposition not to confine itself
merely to urging objections against measures to promote the general
prosperity brought forward by those in power. It has further and
higher duties to perform. There may be circumstances in which the
opposition is bound formally to present such measures as, in its judg*
ment, are demanded by the exigency of the times ; but if it had just
reason to believe that they would be unacceptable to those who ahm
can adopt them and give them effect, the opposition will discharge its
duty by suggesting what it believes ought to be done for the public
good.
1 know, sir, that T have friends whose partiality has induced them
to hope that 1 would be able to bring forward some healing measure
for the disorders which unhappily prevail, that might prove accepta-
ble. I wish to God that 1 could realize this hope, but I cannot. The
disease is of such an alarming character as to require more skill than
I possess ; and 1 regret to be compelled to fear that there is no efiec-
tual remedy but that which is in the hands of the suffering patient
himself.
Still, under a deep sense of the obligation to which I have referredi
I declare that, after the most deliberate and anxious consideration of
which 1 am capable, I can conceive of no adequate remedy which
does not comprehend a national Bank as an essential part. It ap-
pears to me that a National Bank, with such modifications as experi-
enee has pointed out, and particularly such as would limit its profits,
exclude foreign influence in the government of it, and give publici^
to its transactions, is the only safe and certain remedy that can be
adopted. The great want of the country is a general and uniform
corrency , and a point of union, a sentinel, a regulator of the issues of
the local banks, and that would be supplied by such an institution.
I am not going now to discuss, as an original question, the const!
totional power of Congress to establish a National Bank. In human
afiiiirs there are some questions, and 1 think this is one, that ought to
be held as terminated. Four several decisions of Congress affirming
the power, the concurrence of every other department of the govem-
ment, the approbation of the people, the concurrence of both the groat
OH THS IirB-TBEAlURr. 385
ptrties into which the country has been divided, and forty years of
prosperous experience with such a bank, appear to me to settle the
controversy, if any controversy is ever to be settled. Twenty years
ago Mr. Madison, whose opposition to the first Bank of the United
States is well known, in a message to Congress said :
" Waiving the qnettion of the coutilutional authority of the legislature to etC»>
bllsh an incor|K>rHte(l bank, as being precluded, in my judement, by re|Hrttt«'d recog-
nitions, under varied circumataoceif, of ih" validity orsuch an inHtttuiitm, in nctii of
the l^-gialalive, executive and judicinl branches of ibe govemnieiil, accoiii|>anied by
iadicaiionH, in ditTervnt modes, of a corretitondence of ihe general will of the na-
tion ; the pro|H)aed bank does not ajipeur lo be cnleulnted to onbwer (he purposes of
reviving the public credit, of providing a national m 'ditimof circulitioii, and of aid-
ing the treasury by facilitating the iiidiaiiensable anticipationa of revenue, aad bf
aoording to the public more durable loanr "
To all the considerations upon which he then relied, in treating it
•8 a settled question, are now to be added two distinct and distant
tabsequent expressions of the deliberate opinion of a Republican
Congress ; two solemn decisions of the Supreme Court of the United
States, twen^ years of successful experience and disastrous conse-
quences quickly following the discontinuance of the Bank.
I have been present, as a member of Congress on the occasion of
the termination of the charters of both the Banks of the United States;
took part in the discussion to which they gave rise, and had an op-
portunity of extensively knowing the opinions of members; and I^
declare my deliberate conviction that, upon neither was there one-
third of the members in either house who entertained the opinion that
Congress did not possess the constitutional power to charter a Bank.
But it is contended that, however indispensable a Bank of the
United States may be to the restoration of the prosperity of the
country, the President's opinion against it opposes an insuperable ob-
stacle to the establishment of such an institution.
It will indeed be unfortunate if the only meastiVe which can bring
relief to the people should be prevented by the magistrate whose
elevated station should render him the most anxious man in the na-
tion to redress existing grievances.
The opinion of the President which is relied upon is that contained
in his celebrated letter to S. Williams, and that which is expressed
in the message before us. I must say, with all proper deference,
986 ipncHif OP HsirBT clay.
that no man, prior to or after his election to the chief magistral
has a right to say, in advance, that he would not approve of a paiticu*
lar bill, if it were passed by Congress. An annunciation of audi m
purpose is premature, and contrary to the spirit, if not the ezpreas
letter of the constitution. Accoiding to that instiument, the partici-
pation of the President in the legislative power — his right to pass
upon a bill — is subsequent and not previous to the deliberatiotts of
Congress. The constitutional provision is, that when a bill shall
have passed both Houses, it shall be presented to the President jbr
his approval or rejection. His right to pass upon it results from the
presentation of the bill, and is not acquired until it is presented.
What would be thought of the judge who, before a cause is brought
before the court, should announce his intention to decide in favor of a
named party ^ Or of the Senate, which shares the appointing powier^
if it should, before the nomination of a particular individual ib made
for an office, pass a resolution that it would not approve the nomiiift*
tion of that individual ? *
It is clear that the President places his repugpaance to a Bank of
the United States mainly upon the ground ihat the popular will hat
been twice ^^ solemnly and unequivocally expressed" against it. lo
this I think the President is mistaken. The two occasions to which
he is understood to refer, are the election of General Andrew Jack*
son in 1832, and his own election in 1836. Now, as to the first,
there was not, before it took place, any unequivocal expression of tho
opinion of the late President against a National Bank. There waa,
in fact, a contrary expression. In the Veto Message, President
Jackson admitted the public convenience of a Bank ; stated that be
did not find in the renewed charter such modifications as could se*
core his approbation, and added that if he had been appli^ to, he
could have furnished the model of a Bank that would answer ifae
purposes of such an institution. In supporting his re-election, there*
fore, the people did not intend, by the exercise of their suffrage, to
deprive themselves of a National Bank. On the contrary, it is with-
in my own knowledge, that many voted for him who believed in the
necessity of a Bank quite as much as 1 do. And 1 am perfectly per-
suaded that thousands and tens of thousands sustained his re-election
under the full expectation that a National Bank would be established
during his second term.
•V TBB tUB-TRIAtUKT. 8S7
^for, sir, can I think that the ele^ion of the present chief magit>
trate ought to be taken as evidence that the people are against m
Bank. The most that can be asserted is, that he was elected, the
expression of his opinion in the letter to Mr. Williams notwithstand-
ing. The question of the election of a chief magistrate is a complex
question, and one of compensations and comparison. All his opinions,
all his qualifications are taken into consideration, and compared with
those of his competitors. And nothing more b decided by the people
than that the person elected is preferred among the several candidates.
They take him as a man takes his wife, for better or for worse, with
all the good and bad opinions and qualities which he possesses. Yoa
might as well argue, that the election of a particular person to the
chief magistracy implies that his figure, form and appearance exhilut
the standard of human perfection, as to contend that it sanctions and
approves every opinion which he may have publicly expressed on
public affair^ It is somewhat ungrateful to the people to suppose that
the particular opinion of Mr. Van Buren in regard to a Uni^ States
Bank, constituted any, much less the chief recommendation of him
to their suffrages. It would be more honorable to him and to them,
to suppose that it proceeded from his eminent abilities, and his dis-
tinguished services at home and abroad. If we are to look beyond
them and beyond him, many believe that the most influential cause
of his election was the endorsement of that illustrious predecessor,
fai whose footsteps he stands pledged to follow.
No, sir, no ; the simple and naked question of a Bank or no Bank
of the United States was not submitted to the people and ^^ twice
folemnly and unequitocally^^ decided against by them. I firmly be-
lieve, that if such a question were now submitted to them, the re-
sponse of a vast majority would be in the affirmative. I hope, how-
ever, that no Bank will be established or proposed, unless there shall
he a clear and undisputed majority of the people and of the States m
favor of such an institution. If there be one wanted, and an une-
quivocal manifestation be made of the popular will that it is desired,
a Bank will be established. The President's opposition to it is found-
ed principally upon the presumed opposition of the people. Let them
demonstrate that he is mistaken, and he will not separate himself
from them. He is too good a democrat, and the whole tenor of his
life shows that, whatever other divorces he.may recommend, the least
that he would deatM^ would k% one between him and the peofile
938 •PElCRIt OF HBlfRT CLAT.
Should this not prove to he the case, and if a majority shofild not
exist sufiicienlly large to pass a Bank Charter in spite of the retOf
the uliimate remedy will remain to the people to change their nilesr
if their rulers will not change their opinions.
But, during this debate it has been contended that the establish
ment of a new Bank of the United States would aggravate existing
distresses ; and that the specie necessary to put it in operatton
could not be obtained wictiout prejudice to the local Banks.
What is the relief for which all hearts are now so anxiously throb-
bing ? It is to put the Banks again in motion ; to restore exchanges
ausd revive the drooping business of the country. And, what are the
obstacles ? They are, first, the foreign debt, and, secondly^a want
of confidence. If the banks were to re-open their vaults, it is appre-
hended that the specie would be immediately exported^o Europe to
discharge our foreign debt. Now, if a Bank of the United States
were established, with a suitable capital, tne stock of that Bank itself
would form one of the best subjects of remittance ; and an amount of
It equal to what remains of the foreign debt would probably he remit-
ted, retaining at home, or drawing from abroad the equivalent in
specie.
A great, if not the greatest existing evil is the want of confidence,
not merely in the government, but in distant Banks, and between the
Banks themselves. There are no ties or connexion binding them to-
gether, and they are often suspicious of each other. To this, want
of confidence among the Banks themselves, is to be ascribed tliat ex-
traordinary derangement in the exchanges of the country. How
otherwise can we account for the fact, that the paper of the Banks
of Mississippi cannot now be exchanged against the paper of the
Banks of Louisiana, without a discount on the f6rmer often or fifteen
per cent. ; nor that of the Banks of Nashville, without a discount ol
eight or ten per cent, against the paper of the Banks of the adjoining
State of Kentucky ? It is manifest that, whatever may be the me-
dium of circulation, whether it be inconvertible pa[>er, or convertible
paprr and specie, supposing confidence to exist, the rates of ex-
change in both cases ought to be nearly the same. But, in times liks
ibese, no Bank will allow its funds to accumulate, by the operations
of exchange, at points where no present use can be made of them.
OM THB ■U^-nUUSORT. 389
Now, if a Bank of the United States were established, with a
fffoper capital, and it were made the sole depository of the public
moneys, and its notes were receivable in all government dues, it
migl^t commence operations forthwith, with a small amount of specie^
perhaps not more than two millions, lliat sum would probably be
drawn from the community, when it is now hoarded and dormant ,
or if it were taken even from the local banks, they would be more
than compensated in the security which they would enjcj , by the
remittance of the stock of the new Bank to Europe, as a substitato
for their specie.
Such a new Bank, once commencing business, would form a rally-
ing point ; confidence would revive, exchanges be again regulated,
and the business and prosperity of the country be restored. And it
is by no means certain that there would be any actual augmentation
oi the banking capital of the country, for it is highly probable that
the aggregate amount of unsoiyid Banks, which can never resuma
specie payments, would be quite equal to that of the new Bank.
An auxiliary resolution might be adopted with salutary efiect, sim-
ilar to that which was edopted in IS 16, offering to the State Banks,
as a motive to lesurne specie payments, that their paper should be
received for the p'jblic dues ; or, as their number has since that pe-
riod greatly increased, to make the motive more operative, the offer
might be confined to one or two Banks in each State known to be
tiu::tworthy. Let them and a Bank of the United States, commence
specie payments, and all the other sound banks would be constrained,
by the united force of public opinion and the law, to follow the ex-
am]>le.
If, in contrasting the two periods of 1817 and 1837, some advan*
tages for the resumption of specie payments existed at the former
epoch, others which distinguish the present, greatly preponderate.
At the first there were none except the existence of a public debt,
and a smaller number of banks. But then an exhausting war had
wasted our moans. Now we have infia*tely greater wealth, our re-
sources are vastly more developed and increased, our population near-
ly doubled, our knowledge of the disease much better, and, what if
of the utmost importance, a remedy, if applied now, would be admin-
istered in a'much earlier stage of the disorder.
%VI SFUCHlt or BEmT CLAT*
A general currencj of sound and uniform ralue A necessary to the
well-being of all parts of the confederacy, but it bindispensableto the
interior States. The seaboard States have each of them Banksi
whose paper freely circulates within their respective limits, and serves
all the purposes of their business and commerce at their capitals, and
throughout their whole extent. The variations, in the value of this
paper, in passing through those States, from one commercial metro-
polis to another, are not ordinarily very great. But how are we of
the interior to come to the Atlantic cities to purchase our supplies of
foreign and domestic commodities, without a general medium ? llie
paper of our own Banks will not be received but at an enormous dis-
count. We want a general currency, which will serve at home and
enable us to carry on our accustomed trade with our brethren of the
Atlantic States. And such a currency we have a right to expect.
I do not arrogate to myself a right to speak for and in behalf of dl
the western states ; but as a Senator from one of them, I am entitled
to be heard. This union was formed to secure certain general, but
highly important objects, of which the common defence, commerce,
and a uniform cunency were the leading ones. To the interior
States none is of more importance than that of currency. Nowhen
is the attachment to the union more ardent than in those States ; but
if this government should neglect to perform its duty, the vahie of
the union will become impaired, and its very existence in process of
time may become endangered. I do believe, that between a sound
general currency, and the preservation of itself, in full vigor and per-
fisct safety, there is the most intimate connection.
If, Mr. President, the reiAedies which I have suggested were sue*
cessful, at a former period of our history, there is every reason to
hope, that they would again prove efficacious ; but let me suppose
(hat they should not, and that some unknown cause, which could
not then, should now, thwart their operation, we should have, in any
event, the consolation of knowing that we had endeavored to pro6t
by the lessons of experience, and if they failed, we should stand ac-
quitted m the judgment of the people. They are heartily tired of
visionary schemes and wild experiments. They wish to eet out of
the woods, into which they have been conducted, back to the pkin,
beaten, wide road^ which they had before trod.
Off TRI •UB-TRIAf URT. Sfl
How, and when, without such measures as I have suggested, dre
the State Bankn to resume specie payments ? They never can le*
'•ume without concert; and concert springs from confidence; and
confidence from knowledge. But what knowledge can eight hundred
hanks, scattered over our own vast territory, have of the actual con-
dition of each other ? It is in vain that statements of it be periodi-
cally published. It depends at last, mainly upon the solvency of the
debtors to the bank ; and how, whenever their names are not known,
can that be ascertained ?
Instead of coming to the aid of these prostrate institutions, and
assisting them by a mild and parental exercise of your power, in a
mode sanctioned and approved by experience, you projiotie to aban-
don them and the country to their fate. You propose worse, to di»-
credit their paper, to distrust them even as special doposiioiies,and to
denounce agiunst them all the pains and penalties of bankruptcy.
How, and when will they resume specie payments ? Never, as far
as my information extends, have exertions been greater thnn those
which the banks have generally made to open again their vaults.
It is wonderful that the community should have been able to bear,
with so much composure and resignation, the prodigious curtail
ments which have been made. Confidence re-established, the for-
eign debt extinguished, and a national institution created, most of
them could quickly resume specie payments, some of them, urged by
a high sense of probity, and smart ing under severe reproaches, will
no doubt make the experiment of resuming end continuing s])ecie
payments. They may even go on a while; but without (he co-ope-
ration of the State Banks generally , and without the co-operation of a
National Bank, it is to be apprehended that they will be ngain seized
with a paralysis. It is my deliberate conviction that the preservi^
lion of the existence of the State Bank^ themselves, dejx-nds upon
the institution of a National Bank. It is as necessary to them as the
union is to the welfare of the States in our political system. Without
it, no human being can foresee when we shall emerge from the diffi-
culties which surround us. It has been my fortune several times to
see the country involved in great danger ; but never before have I
beheld it encompassed with any more menacing and portentous.
UntertBining the views which I hare presented, it may be asked,
•W
842 ariuccHBi or hbsirt clay.
why I do not at once propose the establishment of a National Bank.
1 have already adverted to the cause, constituted as Ck>ngre8S bow u,
1 know that such a proposition would be defeated ; and that it would
be, therefore, useless to make it. I do not desire to force upon the
Senate, or upon the country, against its will,- if I could, my opinion,
however sincerely or strongly entertained. If a National Bank be
established, its stability and its utility will depend upon the general
conviction which is full of its necessity. And until such s conviction
is deeply impressed upon the people, and clearly manifested by them,
it would in my judgment, b^ unwise even to propose a Bank
Of the scheme of the Senator from Virginia, (Mr. Rives) I think
now as I thought in 1834, 1 do not believe that any practicable con-
nection of State Banks can supply a general currency, be a safe de-
pository of the public moneys, or act efficiently as a fiscal agent of
the general Government. I was not then opposed to the State Banks
in their proper sphere. I thought that they could not be relied uptm
to form exclusively a Banking System for the country, although they
were essential parts of a general system.
The amendment of the Senator, considered as a measure ic bring
aoout the resumption of specie payments, so much desired, I think
must fail. The motive which it holds out of the receivability in all
payments to the government of the paper of such banks as may re-
sume at a given day, coupled with the conditions proposed, is wholly
madequate. It is an oflTer to eight hundred banks ; and the revenue,
payment of which in their notes is held out as the inducement,
amounts to some twenty or twenty-five millions. To entitle tliem
to the inconsiderable extension of their circulation which would result
from the credit given by government to the paper of all of them, they
are required to submit to a suppression of all notes below five dollars,
and at no very distant period, to all below twenty. The enlaige-
ment of their circulation, produced by making it receivable by govern-
ment, would be much less than the contraction which would arise
from the suppression of the prohibited notes. Besides, if the quality
proposed again to be attached to the notes of these local banks was
insufficient to prevent the suspension, how can it be efficacious enough
to stimulate a resumption of specie payments ?
I shall^ nevertheless, if called upon to give a vote between the pro-
ON THE SUB-TRBAIUftT.
343
ject of the administration and the amendment of the Senator from
Virginia, vote for the latter, because it is harmless, if it effects no
good, and looks to the preservation of the State Banks ; whilst the
other is fraught with mischiefs, as I believe, and tends, if it be not
designed, to the utter destruction of those institutions. But, prefer-
ing to either, the postponement moved by the Senator from Georgiai
I shall in the first instance, vote for that.
Such, Mr. President, are the views which I entertain on the pre-
sent state of our public affiurs. It is with the deepest regret that I
can perceive no remedy, but such as is in the hands of the people
themselves. Whenever they shall impress upon Congress a convic-
tion of that which they wish applied, they will obtain it, and not
before. In the mean time, let us go home, and mix with and couauh
our constituents. And do not, I entreat you, let us carry with us
the burning reproach, that our measures here display a selfish solici-
tude for the government itaelf, but a cold and heartless insensibility to
the sufferings of a bleeding people.
[The bill passed the Senate, by a vote of 26 to 20 ; but, on reaehiog die
It was, after a vehement struggle, latd ^ifon Uu tabU for the seMion, bf a vote of
UO to 107.1
ON fHE SUB-TREASURY.
In the Senate of the United States, February 79, 18SS.
[The Sub-TreaMiry or Tnr^eprndfnt Troaswry scheme of Finanr**, cfpfcp.trd 9t tilt
Extra SfSKion of 1837, was again Mm»^;?ly recominend'*<l by PrHi«i(l« iit Vafi Eubu^
on the rea»M'n>blii)g of Con{fr«'6i) in regular eeselon, in I>c<>mber o<' tliut year, And
ft bill topstabliah it ugiin r^p rird lo the Senate, by Hon. SIL^s Wright, i'rom tht
Finance Cunimiiiee< In the cour^^e of tlie debate oji that bill. Mi. Clat addreased
ibe Senate as follows :]
1 HAVB seen some public service, passed through many troubled
times, and often addressed public assemblies, in this rapitol and else*
where ; hut neviT brfon; havo 1 risen in a deliberative body, uodor
more oppressed feelings, or with a deeper sense of auful responbibil-
ity. Never before have I ris<*n to express my opinions upon any
pubhc measure frauglit with such tremendous consequmres to (he
"welfare and prosperity of the country, and so perilo'is to ihe liberties -
of the people, as I solemnly believe the bill under consideration will
be. If you knew, sir, what sl(*(|)less hours reflection upon it haf
cost me ; if you knew with what f^Tvor and sincerity I have implored
Divine assistance to strfni^lhcn and sustain n\e in \ny ()|>p(»sitioh to it,
Ishouhl have credit with you, at least, for the sincerity «)f my convic-
tions, if I shall be» so unfortunate as not to have vour concurrence as
to the dan^t'rrus character of ihe measure. And 1 havr : hanked my
God that he has prolonii'.'d my life until the pres( nl time, to enable
me to <'xert myself i?.i the service of my country, aj];ainsl a project far
transcend in<j;, in pernicious tendency, an}' that I have cvit had occa-
sion to consider. 1 thank him for the heullh I am permiitetl lo enjoy;
I thank him for the so^t and sweet repose w! ich I experienced last
night ; I thank him for the brighl and glorious sun which shint!s upon
U8 this day.
It is not my purpose, at this time, Mr. Pre:i!dent, to go at large into
a consiileration of the causes which have led lo the pre>eni most dis-
astrous state of public afilurs. 1 hat duty vras ix^formed by olhers«
on THE 80B-TREA8URT. 845
and myself, at the extra session of Congress. It was then /l^arlj
shown that it sprang from the ill-advised and unfortunate measures
of executive administration. I now will content niyself with saying
that, on tlie 4lh day of March, 1829, Andrew Jackson, not by the
blessing of God, was made President of the United Stales ; that the
country then was eminently prosperous ; that its currency was as
sound and safe as any that a people were ever blessed with ; (nat,
throughout the wide extent of this whole Union, it possessed a uni-
form value ; and that exchanges were conducted with such regularity
and perfection, that funds could be transmitted from one extremity
of the Union to the other, with the least possible risk or loss. In
this encduraging condition of the business of the country, it remained
for several years, until aAer the war, wantonly waged against the
late Bank of the United States, was complf.iely successful, by the
overthrow of that invaluable institution. What our present situation
is, it is as needless to describe as it is painful to contemplate. First
felt in our great commercial marts, distress and embarrassment have
penetrated into the interior, and now pervade almost the entire Union.
It has been justly remarked, by one of the soundest and most practi-
cal writers that I have had occasion to consult, that '' all convulsions
m the circulation and commerce of every country must originate in
the operation of the government, or in the mistaken views and erro
neous measures of those possessing the power of influencing credit
and circulation ; for they are not otherwise susceptible of convulsion^
and, if left to themselves, they will find their own level, and flow
nearly in one uniform stream. *'
Yes, Mr. President, we all have but too melancholly a conscious-
ness of the unhappy condition of our country. We all too well know
that our noble and gallant ship lies helpless and immovable upon
breakers, dismasted, the surge beating over her venerable sides, and
the crew threatened with instantaneous destruction. How came she
there } Who was the pilot at the helm when she was stranded ?
The pb'ty m power ! The pilot was aided by all the science and skill,
by all the charts and instruments of such distinguished navigators as
Washington, the Adamses, Jefferson, Madison and Monroe ; and yet
he did not, or could not, save the public vessel. She was placed in
her present miserable condition by his bungling navigatiou, or by his
want of skill and judgment. It is impossible for him to escape from
one or the other horn of that dilemma. I leave him at liberty to
choose between theai.
346 SPEECHES OF HENRT CLAT.
•
I shall endeavour, Mr. President) in the course of the address I am
about making, to establish certain propositions, which I believe to be
incontestible ; and, for the sake of perspicuity, I will state them
severally to the Senate. I shall contend —
1st. That it was the deliberate purpose and fixed design of the late
Administration to establish a government bank — a treasury bank — to
be administered and controlled by the executive department.
2d. That with the view, and to that end, it was its aim and inten-
tion to overthrow the whole banking system, as existing in the United
States, when the administration came into power, beginning with the
Bank of the United States, and ending with the State Banks.
'3d That the attack was first confined, from consideration? of poli-
cy, to the Bank of the United States ; but that, after its o^ erthrow
was accomplished, it was then directed, and has since been continued^
•gainst the State Banks.
4. That the present administration, by its acknowledgements^
emanating from the highest and most authentic source, has succeeded
to the principles, plans and policy of the preceding administration^
and stands solemnly pledged to complete and perfect them.
And, 5th. That the bill under consideration is intended to execute
the pledge, by establishing, upon the ruins of the late Bank of tha
United States, and the State Banks, a government Bank, to be roan*
aged and controlled by the treasury department, acting under th^
conunands of the President of the United States.
I believe, solemnly believe the truth of every one of these ^ve
propositions. In the support of them I shall not rely upon any gratu-
'itous surmises or vague conjectures, but upon proofs, clear, positive,
undeniable, and demonstrative. To establish the first four I shaL
adduce evidence of the highest possible authenticity, or facts admitted
or undeniable, and fair reasoning founded on them. And as to the
last, the measure under consideration, I think the testimony intrinsic
3nd extrinsic, on which I depend, stamps, beyond all doubt, its true
character as a government bank, and ought to carry to the mind of
^.he Senate the conviction which I entertain, and in which 1 feel per-
fectly confident the whole country will share.
OH THB •UB-TEEAf URY 34^^
1. My first propocition is, that it was the deliberate 'purpose and
fixed design of the late administration to establish a govemmeiU
bank, a treasury bank, to be administered and controlled by the ex-
ecutive department. To establish its troth, the first prool which i
offer is the following extract from President Jackson's annual mes*
sage of December, 1829 :
«
** The Charter of the Bank of tb JnHed States ei^iret in 1896, and its stoekhoM-
ers will most probably ap(>ly for a renewal of their pnvileges. In order to avoid the
eTib resulting from precipitancy, in a measure inrolvins such important principles,
and such deep pecuniary interests, I feel that I cannot, in justice to the parties inter-
ested, too soon present it to the consideration of the Legislature and the people.
Both the constitutionahty and the expediency of the law creatini; this bank, are tttll
^uettioned by a large portion qfourftUotts-citizent ; and it must be admitted by dU^ that
It has failedfin the great end of establishing a uniform and sound currency.
" Under these circumstances, if such an institution is deemed essential to the fiscal
operations of the government, J submit to the wisdom of the legislature, whether a na-
tional one, founded VL[tou the credit of the government and its revenues, niifht not be
devised which would avoid all constitutional diificultieii, an^ at the same time secure
all (he advantages to the government and the country that were expected to result
from the present Bank."
This was the first open declaration of that implacable war against
the late Bank of the United States, which was afterwards waged with
00 much ferocity. It was the sound of the distant bugle to collect
together the dispersed and scattered forces, and prepare for battle.
The country saw with surprise the statement that ^^ the constitution-
ality and expediency of the law creating this bank are well question-
ed 6y a iarge portion of our fellow-citizens," when, in truth and in
&ct, it was well known, that but few then doubted the constitution-
ality, and none the expediency of it. And the assertion excited much
greater surprise that ^^ it must be admitted by all that it has failed in
the great end of establishing a uniform and sound currency." In this
message, too, while a doubt is intimated as to the utility of such an
institution, President Jackson clearly first discloses his object to es-
tablish a national one, founded upon the credit of the government and
itt revenues. His language is perfectly plain and unequivocal. Such
a bank, founded «pon the credit of the government and its revenues,
would secure all the advantages to the government and the country,
he tells us, that were expected to result from the present bank.
In his annual message of the ensuing year, the late President says :
** The importance of the principles involved in the •»iquiry, whether it will be
pios«er to recnarter the Bank of the United States, requires that I should again call
ih'? r.Uention of Congress to the nbjject. Nothing has occurred to lessen in nni da
S48 tPESCnt OP BBIIRT CL4T.
tree the danfeiB wfateh many of our citizens tpprehendod from thti inetitntioB, m
at jtmtnt organized. lu the 8i>lrit of improvrnient and compromise which dimio-
giiitihesour country and its institutions it bpcomcw lui to iminirc, tehrtlur U 6c iMf
poaibU 10 tecur* tfu advantages afforded by the pretent bank through the agtnr^ tfa
Bank of the Unih^d States, so modified in its princiyies as to obviate consiitaliOflAl
aod other objeciions.
" It is thought practicable to organize such a bank, with the necessary o(BceTV,ai
a branch of the Treasury department, based on the public and individaal depoaitc^
without power to make lotinn or puichusse nroperiy, which ^hali remit the funds ol
the government ; and the exiM^n-^e ol which may be paid, il thought advisable, hj
allowing its otiicers to sell biUs of exduinge to private ludividoals at a modeiate pft-
mium. Not being a corporate body, having nu stockholders, debtors, and nroperty,
and but lew ollicer?^ it would not be obnoxious to the conctilutiooal oVjectiou
which are ui^ed sgaiiisi the present bank \ and having no iiieaos to operate oa tha
hopes, fean». or interests of large masses ot the commuuity, it would be shorn of tke
influence which makes that buuk formidable.'*
In this message, President Jackson, after again adverting to the
imaginary dangei^ of a Bank of the United States, recurs to hii fit-
▼orite project, and inquires '^ whether it be not possible to secure the
advantages afforded by the present bank through the agency of a
Bank of the United States, so modified in its principles and structme
as to obviate constitutional and other objectioas.^' And to dispel all
doubts of the timid, and to confirm the wavering, he declares that it
is thought practicable to organize such a bank, with the necessary
officers, as a branch of the treasury department. As a branch of tki
inaavry department! The very scheme now under consideration.
And, to defray the expenses of such an anomalous institution, he
suggests that the officers of the treasury department may turn bank-
eta and brokers, and sell bills of exchange to private individuals at a
moderate premium !
In his annual message of the year 1S31 upon this subject, he
brief and somewhat covered in his expressions. But the 6xed pur-
pose which he entertained is sufficiently disclosed to the attentiTe
reader. He announces that,
*' Entertaining the opinion heretofore expressed in relation to the Bank of th«
United States, as at present organized, I felt it my duty, in my former roesBage,
to disclose then), in order that the attention of the legislature add the people sbovM
be seasonably directed to that important subject, andf that it might be considered,
and finally disposed of in a manner b^st calculated to promote the ends of the con-
stitution, and subserve the public interests."
What were the opinions ^ heretofore^ expressed in relation to tbe
Bank of the United States, as at present organized, that is to say, an
organization with any independent corporate government ; and in fa-
vor of a national bank, which should be so constituted as to be nib-
ject to exclusive executive control.
m THt tUB-TtSAIVKr. 841
At the session of 1831-'2, the question of the recharter of the Bank
of the United States came np ; and although the attention of Congress
and the country had heeii repeatedly and deliberately before invited
to the consideration of it by President Jackson himself, the agitation
of it was now declared by him and his partisans to be precipitate
and premature. Nerertheless, the country and Congress, consciooi
of the value of a safe and sound uniform currency, conscious that
rfuch a currency had been eminently supplied by the Bank of th^
United States, and unmoved by all the outcry raised against that ad
mirable institution, the recharter commanded large majorities in both
houses of Congress. Fatally for the interests of this country, the
stern, self-will of Qcncral Jackson prompted him to risk every thing
upon its overthrow. On the 10th of July, 1832, the bill was return-
ed with his veto : from which the following extract is submitted to
the attentive consideration of the Senate :
'* A bank of the United StfttM is, in many rtgpectB, cooTenient for the govenroeal
aod oB^lul to the people. EutertHinins thia opiaioo, and deeply iinpreased with the
t>eUef that some of the powe» and privileges poqpKflaed by the eiisting bank are
ananthorized by the constitution, subversive of the rights of the Stales, and danjger
OQS to tho libenics of the people. I felt it my duty, at an early period of my adminia
tration, to call the attention of Congren to the practicability of organizinfi^ and insti-
tution combining all its advantages, and obviating these objecttons. I sincerely re-
gret that, in the act before m^, I can perceive none of those modiflcatiooe of the
Baok Charter, which are necessary, in my o^nnion, to make it compatible with (QB
tiee, with sound policy, or with the constitution ol our country."
*' That a Bank of the United States, competent to all the duties which may be
required by government, might be so oiganized as not to infringe upon our own da-
legated powers, or the reaerved rights of the Stares, I do not entertain a doubt. Had
the executive been called upon to furnish ihgprqfect cftufh an inatitution, tlu^ dtUp
would fuive been cheerfully performed. In the absence of such a call, it is obviously
proper that he thoakf conflne hinaself to pointiug out those prominent featores in tha
act presented, which, in his opinion, make it incompatible with the constitution and
sonnd policy.''
President Jackson admits in the citation which has just been made,
that a Bank of the United States is, in many respects, convenient for
the government ; and reminds Congress that he had, at an early pe-
riod of his administration, called its attention to the practicability of
so organizing such an institution ais to secure all its advantages with-
out the defects of the existing bank. It is perfectly manifest that he
alludes to his previous recommendations of a government — a treasury
bank. In the same message he tells Congress that if he had been
called upon to furnish the project of such an institution, the duty
would have been cheerfully performed. Thus it appears that he had
not only settled in his mind the general principle, but had adjusted
360 SPBSCHBi Of HSNftT CLAT.
the details of a government bank to be subjected to executire con-
trol ; and Congress is even chided for not calling upon him to present
them. The bill now under consideration, beyond all controversy, la
the very project which h e had in view, and is to consummate the
work which he began. I think, Mr. President, that you must now
concur with me in considering the first proposition as fully maintained.
I pass to the second and third, which, on account of their intimate
connection, I will consider together.
2* That, with a view of establishing a government bank, it was
the settled aim and intention of the late administration to overthrow
the whole banking system of the United States when that adminis-
tration came into power, beginning with the Bank of the United
States, and ending with the State Banks.
3. That the attack was first confined, from consideratious of policy,
to the Bank of \he United States ; but that, after its overthrow was
accomplished, it was then directed, and has since continued, against
the Stale Banks.
We are not bound to inquire into the motives of President Jackson
for desiring to subvert the established monetary and financial system
which he found in operation ; and yet some examination into those
which probably influenced his mind is not without utility. These
are to be found in his peculiar constitution and character. His egotism
and vanity prompted him to subject everything to his will; to
change, to remould, and retouch everything. Hence the proscription
which characterized his administration, the universal expulsion from
office, at home and abroad, of all who were not devoted to him, and
the attempt to render the executive department of government, to
iise a favorite expression of his own, a complete ^^ unit." Hence bis
seizure of the public deposites m the Bank of the United States, and
his desire to unite the purse with the sword. Hence his attack upon
all the systems of policy which he found in practical operation — on
that of internal improvements, and on that of the protection of nation-
al industry. He was animated by the same sort of ambition which
induced the master-mind of the age. Napoleon Bonaparte, to impress
his name upon every thing in France. When I was in Paris, the
sculptors were busily engaged chisseling out the famous N., so odious
« the Bourbon line, which had been conspicuously carved in the
ON THI 8UB-TRBA8URT. 351
palace oi the Tuilleries, and on other public edifices and monuments
in the proud capital of France. When, Mr. President, shall we see
effaced, all traces of the ravages committed by the administration of
Andrew Jackson ? Society has been uprooted, virtue punished, vice
rewarded, and talents and intellectual endowments despised ; brutal-
ity, vulgarism, and loco-focoism, upheld, cherished, and countenanced.
Ages will roll around before the moral and political ravages which
have been committed, will I fear, cease to be discernable. General
Jackson's ambition was to make his administration an era in the his-
tory of the American government, and he has accomplished that ob-
ject of his ambition ; but I trust that it will be an era to be shunned
as sad and lamentable, and not followed and imitated as supplying
sound maxims and principles of administration.
I have heard his hostility to Banks ascribed to some collision which
he had with one of them, during the late war, at the city of New
Orleans ; and it is possible that may have had some influence upon
his mind. The immediate cause, more probably, was the refusal of
that perverse and unaccommodating gentleman, Nick Biddle, to turn
out of the office of President of the New Hampshire branch of the
Bank of the United States, at the instance of his excellency Isaac
Hill, in the summer of 1829, that giant-like person, Jeremiah Mason
— giant in body, and giant in mind. War and strife, endless war and
strife, personal or national, foreign or domestic, were the aliment of
the late President's existence. War against the Bank, war against
France, and strife and contention with a countless number of individ*
uals. The wars with Black Hawk and the Seminoles were scarcely
a luncheon for his voracious appetite. And he made his exit from
public life, denouncing war and vengeance against Mexico and tht
State Banks.
My acquaintance with that extraordinary man commenced in this
city, in the fall of 1815 or 1816. It was short, but highly respectful,
and mutually cordial. I beheld in him the gallant and successful
general, who, by the glorious victory of New Orleans, had honorably
closed the second war of our independence, and 1 paid him the homp*
age due to that eminent service. A few years after, it became my
painful duty to animadvert, in the House of Representatives, with
the independence which belongs to the Representative character, upoji
some of his proceedings in the conduct of the Seminole war, which .
353 •PEBCHES OP HBNRT CLIT.
thoaght illegal and contrary to the constitution and thclawof natiow
A non-intercourse Ix^ween us ensued, liihich continued until the fall
of 1824, \i^hen, he being a mcniber of the Senate, an accommodatioD
between us was sought to he brought about by the principal pait of
the delegation from his own State. For that purpose, we were in-
▼ited to dine with them at Claxton's boarding housc^ on 'Capitol Hill,
where my venerable friend from Tennessee, (Mr- While) and his
colleague on the Spanish commission, were both present. 1 retired
early from dinner, and was followed to the door by General Jackson
and the present minister of the United States at the Court of Madrid.
They pressed me earnestly to take a seat with them in their carriage.
My faithful servant and friend, Charle.s, was standing at the door
waiting for me, with my own. I yielded to their urgent politeness,
directed Charles to follow with my carriage, and they set me down
at my own door. We afterwards frequently met, with mutual re-
spect and cordiality ; dined several times together, and reciprocated
the hospipality of our respective quarters. This friendly intercourse
' continued until the election, in the House of Representatives, of a
President of the United States came on in February, 1825. I gave
the vote which, in the contingency that happened, I told my col-
league, (Mr. Crittenden,) who sits before me, prior to my departure
from Kentucky, in November, 1824, and told others, that I should
give. AU intercourse ceased between General Jackson and myselL
We have never since, except once accidentally, exchanged saluta-
tions, nor met, except on occasions when we were performing the
last offices towards deceased members of Congress, or other officers of
government. Immediately after my vote, a rancorous war was com-
menced against me, and all the barking dogs let loose upon me. I
shall not trace it during its ten years' bitter continuance. But I thank
my God that 1 stand here, firm and erect, unbent, unbroken, unsub-
dued, unawed, and ready to denounce the mischievous measures of
this administration, and ready to denounce this its legitimate offspring,
the most pernicious of them all.
His administration consisted of a succession of astounding mear
sures, which fell on the public ear like repeated bursts of loud and
appalling: thunder. Before the reverberations of one peal had ceased,
another and another came, louder and louder, and more terrifying.
Or rather, it was like a volcanic mountain, emitting frightful erup-
tions of burning lava. Before one was cold and crusted, before the
on THE tUB^TRBASURT. 868
voice of the iDhabitants of buried villages and cities were hushed id
eternal silence, anoLher, more desolatinjiTy wtis vomited forth, extend-
ing wider and wider the circle of death and destruction.
Mr. President, this is no unnecessary digression. The personal
character of such a chief as I have been descri^hing, his passions, his
propensities, the character of his miud, should be all thnrou«rhly
studied, to comprehend clearly his measures, and his adniinistratioo.
But I will now proceed to more direct and strict proofs of my second
and third propositions. That he was resolved to Uvvnk down the
Bank of the UujUmI States, is proven by the same citations from his
messages which I have made, to exhibit his purpose to establish a
treasury bank, is proven by his veto message, and by the fact that he
did destroy it. The war against all other Imnks was not originally
announced, because he wished the State Banks to be auxiliaries in
overthrowing the Bank of the United Stales, and because such an
annunciation would have been too rash and shocking upon the people
of the United States for even his tremendous influence. It was
necessar}' to proceed in the work wilh caution, and to begin with
that institution against which could be embodied the greatest amount
of prejudice. The refusal to recharter the Bank of the United Stateg
was followed by a determination to remove from its custody the
public money of the United States. That determination was first
whispered in this place, denied, again intimated, and fmally, in Sep-
tember, 1832, executed. The agitation of the American public \\ hich
ensued, the warm and animated discussions in the country and in
Congress, to which that unconstitutional measure gave rise, are all
fresh in our recollection. It was necessary to quiet the public mindy
and to reconcile the people to what had been done, before President
Jackson seriously entered upon his new career of hostility to the
State Banks. At the commencement of the session of Congress, in
1834, he imagined a sufficient calm had been produced, and, in hig
annual message of that year, the war upon the State Banks was
opened. In that message he says :
" It secniR due to the safety ot the public funds remnining in that bank, and to
the honor of the Americnn |M?opIe, ihut inewFiireH be Uikrn to ttepHmte ihc govern.-
ment eniirelv from an institution «» minehievoiw to the pnblir prosperity, and so
regHrdl»;w of the consiimiion and Inw?. Kv irHn^rerring ih** |)«il»ltc dfposiieg, by
appoititing olher pension aRents, h8 far as it had the power, by orderir./s: ihc discern*
tinu.inoe of the ri'cei|»i of Iwnk rher ka In payment ol ilie public dues afier the flnt
day ol Jrtunary next, the executive haa exerted aM its lawful authority to sever the
fonoexum betweeo the sovernm«ot and this raiihiesB eviporauoo."
\-^
354 SPEKCHES OF HBNRT CLAT.
In this quotation it will be seen that the first germ is contained of
that separation and divorce of the government from banks, which has
recently made such a conspicuous figure. It relates, it is true, to the
late Bank of the United Stales, and he speaks of separatiag and sev-
erhig the connexion between the government and that institution.
But the idea, once developed, was easily susceptible of application to
all banking institutions. In the message of the succeeding year, his
meditated attack upon the State Banks is more distinctly disclosed.
Speaking of a sound currency, he says :
*' Iq considerini^ the means of obtaining bo important an end, {.that is, a aound
currency.] we miut set aside all calculations of temporary convenience, and be in-
fluencea oy those only that are in harmony with the true character ana permanent
interests of the Republic. We must recur to the first principlea, and see what it is
that has prevented the legislation of Cong[rc8s and the States on the subject ot cur-
rency from satisfying the public expectation, and realizing results corresponding to
those which have attended the action of our system when truly consistent with the
great principle of equality upon which it rests, and with that spirit of forbearance
and mutual concession and generous patriotism which was originally, and mast eret
continue to be, the vital element of our Union.
" On this subject, I am sure that I cannot be mistaken in ascribing our want of
success to the undue countenance which has been afforded to the spirit of monopohr.
All the serious dangers which our system has yet encountered may be traced to the
resort to imphed powers, and the use of corporations clothed with privileges, ths
effect of which b to advance the interests of the few at the txpense of the many.
We have felt but one class of those dangers, exhibited in the contest waged by the
Bank of the United States against the government for the last four years. Happily,
they have been obviated for the present by the indignant resistance of the people ;
but we should recollect that the principle whence they sprang is an ever-active one,
which will not fail to renew its efforts in the same ana in other forms, to long as
there is a hope of success, founded either on the inattention of Uie people, or the
treachery of their representatives to the subtle progress of its influence." • • •
" We are now to see whether, in the present favorable condition of the country, we
cannot take an effectual stana against this tn^'int of monopoly, and practically prove,
in respect to the currency, as well as other important interests, that there is no ne>
cessity for so extensive a resort to it as that which has been heretofore practised.**
• ♦ ♦ ♦ " It has been seen that without the agency of a great moneyed monop-
oly the revenue can be collected, and conveniently and safely applied to all the pur-
poses of the public expenditure. It is also ascertained that, instead of being neces-
sarily made to promote the evils of an unchecked paper system, the management of
the revenue can be made auxiliary to the reform which the legislature of several of
the Stales have already commenced in regard to the suppression of small biUs; and
which has only to be fostered by proper regulations on the part of Congress, to semro
a practical return, to the extent required for the security of the currency, to the con-
stitutional medium."
As in the instance of the attack upon the Bank of the United States,
the approach to the State Banks is slow, cautious, and insidious. He
reminds Congress and the country that all calculations of temporaiy
convenience must he set aside ; that we must recur to first princi*
pies ; and that we must see what it is that has prevented legislatioA
of Congress and the States on the subject of the currency from satif-
fying public expectation. He declares bis conviction thai the want
ON TKE ftJB-TBEASURY. 355
ot success has proceeded from undue countenance which has been
afibrded to the spirit of monopoly. All ihe serious dangers which
•ui system has yet encounterd, may be traced to the resort to implied
powers, and to the uso of corporations. We have fe]t, he says, but
one class of those dangers in the contest with the Bank of the United
States, and he Clearly intimates that the other class is the State
Banks. We are now to see, he proceeds, whether, in the present
favorable condition of the country, we cannot take an effectual stand
against the spirit of monopoly. Reverting to his favorite scheme of
a government bank, he says it is ascertained that, instead of being
made necessary to promote the evils of an unchecked paper system,
the management of the revenue can be made auxiliary to the reform
which he is desirous to introduce. The designs of President Jackson
against the State Banks are more fully developed and enlarged upon
in his annual message of 1836, from which I beg leave to quote the
following passages : ^ -
*' I beg l«nve to call your attention to another subject intimately aiBociated with
the preceding one — ^the currency of the country.
" It is apparent, from the whole context of the constitution, as well as the historf
of the times that gare birth to it, that it was the purpose of the convention to estab*
lish a currency consisting of the precious metals.^ xhese, from their peculiar proper-
tiesw which rendered them the standard of value in all other countries, were adopted
m this, as well to establib'h its commercial standard, in reference to foreign countries,
by a permanent rule, as to exclude the use of a mutable medium of exchange, such
as of certain agricultural commodities, recognized by the statutes of some States m
a tender for debts, or the still more pernicious expedient of a paper currency.
** Variableness must ever be the characteristic of a currency of which the precious
metals are not the chief ingredient, or which can be expanded or contracted without
regard to the principles that regulate the value of those metals as a standard in die
general trade of the world. With us, bank issues constitute such a currency, and
must evf'r do so, until they are made dependent on those just proportions of gold and
idJver^ as a circulating medium, which experience has proved to be necessary, not
only in this, but in all other commercial countries, where those proportions are
not infused into the circulation, and do not control it, it is manifest that prices must
vary according to the tide of bank issues, and the value and stability of property
must stand' exposed to all the uncertainty which attends the administration of insU-
tutions that are constantly liable to the temptation of an interest distinct from that
of the community in which they are establiahed.'*.
*' But. althouf|[h various dangers to our republican institutions have been obviated
by the failure ot the bank to extort from the government a renewal of its charter,
it is obvious that little has been accomplished, except a salutary change of publie
opinion, towards restoring to the country the sound currency provided for m the
constitution. In the acts of several of the States prohibiting the circulation of small
notes, and the auxiliary enactments of Congress at their last session, forbidding their
reception or pavment on public account, the true policy of the country has been ad-
vanced, and a larger portion of the precious metals infused into our circulating me-
dium. These mensures will probably be followed up in due time by the enactment
of State laws, banishing from circulation bank notes of still higher denominations t
ud the object may be materially promoled by farther acts of CoogreM, foibidd«f
35^ 8PBBCHI8 OF KEMRT CLAT.
the employment, is fiacal af^enti*, of such banks as iasup notea of low donominmtioaf
and throw intpeaiments in the way of the circulation of gold and ailver.*'
** The «*frects of an extention of bank credils and ovcr-iannra of hank paper, hmwe
been Ktriki*igly iiluatrated in the 8a!;*8 of ihf* public lands. From the rt*tnrns made by
th** various n-gislers and ivceivens in the eailv phrt oCiart pummfr, it wa^»pr^ce^red
th.il th' receipts arising from the Siiles of public lands \vfn» incip>i»«inj( to an anpre-
ced»"nicd amonnt. In elfect, however, th«*s«* recei|>t-» amonnt to noihin? more thaa
crediu* ill bank". The^ b.mks lent out th-ir notes to j:pr»cnl:«t(>r8 : th**y were paid la
receivprei, and imm**diate!y retnmed to the banks, to be lent ont ai^ain and again,
being mere inMruni^nta to iranstfer to fftecula.or^ ine most vuiunhle public land, and
pay \\v: government by a credit on the hooka of the bunks IMiose credits on the
Dook^ o\ some of the western banks, nsually calle<l d«'posite», w»*re alrendy greatlr
beyond iheir immedinie means of Uciyment, and were ra(>idly increasing Indeeo,
eaeh speculation furnished means for another; for no poon»»r hud one iuilividual or
comi»uny paid in th** notes, th.m they were lent to anoth'r fora like purpa>;e ; and
the bank"* were extending ih"ir husineps and rh-ir iKsni'P so lnrg«'Iv us to >ilurm con-
wder<it»* men. and render it doubtful whether thcfr hank nrditf, iffHrmitted to arm-
muhle^ icoulfi uHinuitcly (hi of the leant valm to the gnrernmeiit The spirit of expan>
tion and pperutuiion was not confined to the dcpo^ite b;ink8, but pervaded the whoia
multitude of bunks ihroughout the Union, and was giving riaa to new institulkoM
to aggravate the evil.
** The safety of the public funds, and the interest of the people generally^ required
that tht^RC openuions should be ch»*cked ; and it became the duty of every orancbof
th**g"nr»ral and Stale governmenifl to adopt all lei»iriniate and proper mean* to pro-
duce ih It salui.irv elf'-et. Under this vi'Av of my duly, I dir»'cted llie inauing of the
orl 'r, wUieh will be 1 lid befon* you by the St'cretary of the Trpasur>', requiring pay-
ment of the public lands Fold to be made in s|>ecip, with an exception notil the fff>
teenih oftbe prrgenl month in favor of actual neitlers This measure hasprodaoed
many salutary coni»equ^nct»8 It checked the caref»r of the western bank**, and gave
theiri additional strength in antii'ipation of th»* pres^nre which bus since pervaded
ourea^teni as well ns the European commercial cili*»s. By prevpntini^ the exMa-
nouofthe credit 8yj»tem, it measurably cut ort' th" mean? of *fperu!ation, andr^
tard^il its progress in monopolizing the moM valuable of the i^nblic lands. It baa
tend*"! ii» wave the new States from a non-resident propria to rfihi|i — one<»f the nrat-
eat oU>i.i^;l"8to the advancement of a new conntry and the pro^p»»rity of an old one.
It has tended to k«'epoj»en the public lands for entry by emiarrants at gnvemment
pries, in>»t»'ad of their neina compelled iopureh-^«e offp^rulutorsat double or treble
pric M. And it Ih conveying into the interior large s'lins in Vilver and gold, there to
enr-'r permanr^ntly into the curr»'ncv of the country, and plac* it on a firmer foan-
dation It is confidently believed that the country will (iiid, in the motives which
indiic<-d that order, and the happy consequences which have ensued, much to oom-
mend and nothing to condemn."
It is seen that he again calls the attention of Cono^ress to the cor^
rency of the country, alleilges that it was apparent from the whole
context uf the constitution, as well as the history of the tinoes that
gave birth to it, that it was the purpose of the convention to establish
a curn^ncy consisting of the precious metnb ; imput(»8 variablenesi
and a liability to inordinate contraction and expansion to the existing
paper system, and denounces bank issues as being an uncertain stand-
ard. Me felicitates himself upon the dangers which have i>eeo ob-
viated by the overthrow of the Bank of the United States, but de-
clares that little has been yet done, except to produce n salutary
change of public opinion towards restoring to the country the soond
currency provided far in the constitution, 1 will here say, in paaslDg,
«■ turn tu»-TBKAtuMr. 857
that all lhi8 outcry about the precious metals, gold, and the consti-
tuliooal currency, has been put forth to delude the people, and to use
the precious metals as an instrument to break down the banking insti-
tutions of the States, and to thus pa%*e the way for the ultimate estab-
lishment of a great government bank. In the present advanced state
of civilization, in the present condition of the commerce of the world,
and in the actual relations of trade and intercourse between the differ-
ent nations of the world, it is perfectly chimerical to suppose that the
currency of the United States should consist exclusively, or princi-
pally, of the precious metals.
In the quotations which I have made from the last annual message
of General Jackson, he speaks of the extension of bank credits, and
the overissues of bank paper, in the operations upon the sales of
public lands. In his message of only the preceding year, the vast
amount of those sales had been dwelt upon with peculiar complaisance,
as illustrating the general prosperity of the country, and as proof of
the wisdom of his administration. But now that which had been an*
aounc^d as a blessing is deprecated as a calamity. Now, his object
being to assail the banking institutions of the States, and to justify
that fatal treasury order, which I shall hereafter have occasion to
notice, he expresses his apprehension of the danger to which we are
exposed of losing the public domain, and getting nothing for it but
bank crediia. He describes, minutely, the circular process by which
the notes of the banks passed out of those institutions to be employed
in the purchase of the public lands, and returned again to them in the
form of credits to the government. He foists that Mr. Secretary
Taney, to reconcile the people of the United States to the daring
measure of removing the public deposites, had stimulated the banks
to the exercise of great liberality in the grant of loans. He informs
OB, in that message, that the safety of the public funds, and the in-
l^^ts of the people generally, required that these copious issues of
the banks should be checked, and that the conversion of the public
lands into mere bank credits should be arrested. And his measure
to accomplish these objects was that famous treasury order, already
adverted to. Let us pause here for a moment, and contemplate the
drcumstaaces under which it was issued. The principle of the order
had been proposed and discussed in Congress. But one Senator, as
fSsur as I know, in this branch of the Legislature, and not a solitary
•X
308 SPEBCHBt or BEVRT CLAT.
in favor of it. And yet, in about a week after the adjournment of
Congress, the principle, which met with no countenance from the
legislative authority was embodied in the form of a treasury edict,
and promulgated under the executive aulhority, to the astonishmeiit
of the people of the United States.
1 f we possessed no other evidence whatever of the hostility of Pre-
sident Jackson to the State Banks of the United States, that order
would supply conclusive proof. Bank notes, bank issues, bank credits,
were distrusted and denounced by him. It was proclaimed to the
people that they were unworthy of confidence. The government
could no longer trust in their security. And at a moment when the
banking operations were extended, and stretched to their utmost ten-
sion ; when they were almost all tottering and ready to fall, for the
want of that metallic basis on which they all rested, the executive
announces its distrust, issues the treasury order, and enters the mar-
ket for specie, by a demand of an exfraordinary amount to supply the
means of purchasing the public lands. If the sales had continoed in
the same ratio they had been made during the previous year, that is,
at about the rate of twenty-four millions per annum, this unprece*
dented demand created by government for specie must have exhausted
the vaults of most of the banks, and produced much sooner the ca^
tastrophe which occurred in May last. And, what is more extraor*
dinary, this wanton demand for specie upon all the banks of the com-
mercial capitals, and in the busy and thickly peopled portions of the
country, was that it might be transported into the wilderness, and,
afler having been used in the purchase of public lands, deposited to
the credit of the government in the books of western banks, in aome
of which, according to the message, there were already credits to the
government '^ greatly beyond their immediate means of payment.**
Government, therefore, did not itself receive, or rather did not retain,
the very specie which it professed to demand as the only medium
worthy of the public lands. The specie, which was so uselessly ex-
acted, was transferred from one set of banks, to the derangement of
the commerce and business of the country, and placed in the Taulti
of another set of banks in the interior, forming only those bank credits
to the government upon which President Jackson placed so slight a
value.
FinaUyi when Gmieral Jackson was about to retire from the
0* THE tUB-TRtAaURT. 399
of government, he favored his coantrymen with a farewell address.
The solemnity of the occasion gives to any opinions which he has
escpressed in that document a claim to peculiar attention. It will be
seen, on perusing it, that he denounces, more emphatically than in
any of his previous addresses, the bank paper of the country, corpo-
rations, and what he chooses to denominate the spirit of monopoly.
The Senate will indulge me in calling its attention to certain parts
of that address in the following extracts :
'* The conetitation of the United Statra nnqvestionably intemled to secure to the
people a circuluting inediuni of ^oldsand silver. But the eftabli^hinent of a National
Bank by Congrera, with the privilege of ii«ning paper monry receivab!** in payment
of the public dues, and the unfortunate cour>c of legislation in the Bevcrai Statea
apon the same (^object, drove from general circulation the constitutional currency,
•uid aubinitted one of p^per in its place.'*
**The mischief springs from the power which the moneyed interest derives from
a paper currency, which they are able to control ; from the mn It iiude of corpora-
tions, with exclusive privileges, which they have succeeded in obtaining in the dif-
ferent States, and which are employed ahogether for their benefit ; and unless you
become more watchful in your .Slater, and check this spirit of mono|K)Iy and thirst
for exclusive privileges, you will in the end, tlnd that the most imporiani powers of
fovemment have be«n given or bartered away, and the control over your demiest
interests has passed into the hands of these corporations."
•* But it will require steady and persevering exertions on your part torrid your-
Klves of the iniouities and mischiefs of the fiaper system, and check the spirit of
monopoly and otner abuses which have sprung up with it, and of which it is the main
support. So many interests are united to resist all reform on this subject, that yon
must not hope that the conflict will be a short one^ nor huccoss easy. ^Iy humble
^flbrts have not been spared, during mv administration of the government, to restore
the constitutional currency of gold and silver : and somethinf^, I trust, has been done
towards the accomitllshmenl of this moat desinible object, liut enough yet remains
to reouire all your energy and perseverance. The power, however, is in your hands,
and tne remedy must and will be applied, if you determine upon it."
The mask is now thrown off, and ho boldly says that the constitu-
tion of the United States unquestionably intended to secure to the
people a circulating medium of gold and silver. They have not en-
joyed, he says, that benefit, because of the establishment of a National
Bank, and the unfortunate course oj legislation in the several States.
He does not limit his condemnation of the past policy of this country
to the federal government, of which he had just ceased to be the
chief, but he extends it to the States also, as if they were incompe-
tent to judge of the interests of their respective citizens. He tells us
that mischief springs from the power which the monied interest de-
rives from a paper curtency, which they are able to control, and the
muldtude of corporations ; and he stimulates the people to become
more Watchful in their several States, to chtvk this spirit of monop-
olar. To ihrigorate their IWtftvBei M Mlitf the ^leople that it wiR '
360 fPBlCIUt or HUTRT CLAT.
require steady and persevering exeitions, on their part, to rid them
selves of the iniquities and mischiefs of the paper system, and to
check the spirit of monopoly. They must not hope that the conflict
will be a short one, nor success easy. His humble efforts have not
been spared, during his administration, to restore the constit*]tioiia«
currency of gold and silvery and, although he has been able to dc
something towards the accomplishment of that object, enough gtt
remains to require all the energy and perseverance of the people.
Such, Mr. President are the proofii and the argument on which I
rely to establish the second and third propositions which I have been
considering. Are they not successfully maintained ? Is it possible
that any thing could be more conclusive on such a subject ? I pass to
the consideration of the fourth proposition.
4. That the present administration, by acknowledgments emana
ting from the highest and most authentic source, has succeeded to tha
principles, plans, and policy of the preceding administration, and
stand solemnly pledged to complete and perfect them. *
1 ne proofs on this subject are brief; but they are clear, direct and
plenary. It is impossible for any unbiassed mind to doubt for a bkh
ment about them^ You, sir, will be surprised, when I shall aira^
them before you, at their irresistible force. The first that I shall oSsr
IS an extract from Mr. Van Buren's letter of acceptance of the nomi
nation of the Baltimore convention, dated May 23d, 1835. In that
letter he says :
honored with the choice of the Americmn i^eople, endeavor generallv to follow is
the footsteps of President Jackson, happy if I shal be able to jfttftct Uu work which
he has so gloriously began.**
Mr. Van Buren announces that he was the honored instrument se-
lected by his friends of the present administration, to carry out its
principles and policy. The honored instrument ! That word, accord-
ing to the most approved definition, means tool He was then, the
honored tool — to do what ? to promote the honor, and advance the
welfare of the people of the United States, and to add to the gloiy of
the country ? No, no ; his country was not in his thoughts. Party,
partji filled the place in his boaooi| which country should have oc-
I Oir TRC tUB-TRBAtUST. 361
cupied. He was the honored tool to carry out the principles and
policy of General Jackson ^s adniinistration ; and if elected, he should,
as well from inclination as from duty, endeavor, generally, to tread in
the footsteps of General Jackson — happy, if he should he ahle to per-
fect the work which he had so gloriously begun. Duty to whom >
to the country, to the whole people of the Untted States ? No such
thing ; but duty to the friends of the then administration ; and that
duty required him to tread in the footsteps of his illustrious predeces-
sor, and to perfect the work which he had begun ! Now, the Senate
will bear in mind, that the most distinguishing features of General
Jackson's administration related to the currency ; that he had de*
nounced the banking institutions of the country ; that he bad over-
thrown the Bank of the United States ; that he had declared, when
that object was accomplished, only one half the work was completed ;
that he then commenced a war against the State Banks, in order to
finish the other half *, that he cof^stantly persevered in, and never
abandoned, his favorite project of a great government treasury Bank ;
and that he retired from the office of Chief Magistrate, pouring out,
in his farewell address, anathemas against paper money, corporations,
and the spirit of monopoly. When the^e things are recollected, it is
impossible not to comprehend clearly what Mr. Van Buren means
by carrying out the principles and policy of the late administration
No one can mistake that those principles and that policy require biro
to break down the local institutions of the States, and to discredit
and destroy the paper medium which they issue. No one can be at
A loss to understand that, in following in the footsteps of President
Jackson, and in perfecting the work which he begun, Mr. Van Buren
means to continue attacking, systematically, the Banks of the States,
and to erect on their ruins that great government Bank, begun by his
predecessor, and which he is the honored instrument selected to com-
plete. The next proof which I shall offer is supplied by Mr. Van
Buren's inaugural address, from which I request permission of the
Senate to r^ad the following extract :
" Id receiving from the people the sacred tmst twice confided to my illufttrioos
predecesror, and which he has discharged 00 faithrully and so well, I know that I
cannot exiiect to perform the arduous tusk with ec^ual ability and success. But.
united as I have been in /)(%roitnw/«, a daily wilnAss ol his exclusive and unjutrpassea
devotion to his country^s welfare, agreeing with him in sentiments which his coun-
trymf^n have warmly supported, and permitted to partake larfrefv <>f his confidence.
I may hope that tonfewhat of toe same cheering approbation will be found to attena
apon my path T"
96d SPEECHES OF HENRT CLA,T.
Here we find Mr. Van Boren distinctly avowing, what the Ameri-
can people well knew before, that he had been united in the councils
of General Jackson ; that he had agreed with him in sentiments, and
that he had partaken largely of his confidence. This intimacy and
confidential intercourse could not have existed without the concur-
rence of Mr. Van Buren in all those leading and prominent measures
of his friend, which related to the establishment of a government
bank, the overthrow of the Bank of the United States, the attack
upon the State institutions, and the denunciation of the paper cur-
rency, the spirit of monopoly, and corporations. Is it credible that
General Jackson should have aimed at the accomplishment of all
those objects, and entertained all these sentiments, without Mr. Van
Buren's participation ?
I proceed to another point of powerful evidence^ in the conduct
of Mr. Van Buren, in respect to the famous treasury order. That
order had been promulgated, originally, in defiance of the opinion <^
Congress, had been continued in operation in defiance of the wishes
and will of the people, and had been repealed by a bill passed at the
last ordinary session of Congress, by overwhelming majorities. The
fate of that bill is well known. Instead of being returned to the
House in which it originated, according to the requirement of the
constitution, it was sent to one of the pigeon-holes of the department
of state, to be filed away with an opinion of a convenient Attorney
General, always ready to prepare one in support of executive en-
croachment. On the fifth of March last not a doubt was entertained,
as far as my knowledge or belief extends, that Mr. Van Buren would
rescind the obnoxious order. I appeal to the Senator from Missouri,
who sits near me, (Mr. Linn,) to the Senator from Mississippi, who
sits i^rthest from me, (Mr. Walker,) to the Senator from Alabama,
(Mr. King,) and to the whole of the administration Senators, if such
was not the expectation of all of them. Was there ever an occasion
in which a new administration had so fine an opportunity to signalize
its commencement by an act of grace and wisdom, demanded by the
best interests and most anxious wishes of the people ? But Mr. Van
Buren did not think proper to embrace it. He had shared too largely
in the confidence of his predecessor, agreed toQ fully with him in his
councils, to rescind an order which constituted so essential a part of
the system which had been deliberately adopted to overthrow tbt
State Banks.
ON THE SUB-TRKASURT. 363
Another course pursued by the adniiDistratioD, aAer the catastrophe
of the suspension of specie payments by the banks, demonstrates the
hostile purposes towards them of the present administration. When a
similar event had occurred during the administration of Mr. Madison,
did he discredit and discountenance the i2>sues of the banks by
refusing to receive them in payment of the public dues ? Did th«
State governments, upon the former or the late occasion, refuse to
receive them in payment of the dues to them, respectively ? And if
irredeemable bank notes are good enough for State governments and
the people, are they not good enough for the federal government of
tbe same people ? By exacting specie, in all payments to the gene-
ral government, that government presented itself in the market as a
powerful and formidable competitor with the Banks, demanding spe?
cic at a moment when the Banks were making unexampled struggle*
to strengthen themselves, and prepare for the resumption of specie
payments. The extent of this government demand for specie does
not admit of exact ascertainment ; but when we reflect that the an-
nual expenditures of the government were at the rate, including the
post-office department, of about thirty-three millions of dollars, and
that its income, made up either of taxes or loans, must be an equal
sum, making together an aggregate of sixty-six millions, it will be
seen that the amount of specie required for the use of government
must be immensely large. It cannot be precisely determined, but
would not be less probably than fifteen or twenty millions of dollars
per annum. Now, how is it possible for the banks, coming into the
specie market, in competition with all the vast power and influence
of the government, to provide themselves with specie in a reasonable
time to resume specie payments ? That competition would have
been avoided, if upon the stoppage of the Banks, the notes of those
of whose solidity there was no doubt, had been continued to be re-
ceived in payment of the public dues, as was done in Mr. Madison's
administration. And, why, Mr. President, should they not have been ?
Why should not this government receive the same description of me-
dium which is found to answer all the purposes of the several State
governments ? Why should they have resorted to the expedient of
issuing an inferior paper medium, in the form of treasury notes, and
refusing to receive the better notes of safe and solid banks ? Do not
misunderstand me, Mr. President. No man is more averse than I am to
a permanent inconvertible paper medium. It would have been as a
temporary measure only that I should have thought it expedient to
864 SPEECHES OP HSNRT CLAT.
receive the notes of good local banks. If, along with that measnre, the
treasur}' order had been repealed, and other measures adopted to en*^
courage and coerce the resumption of specie payments, we should have
been much nigher that desirable event than, I fear, we now are. In-
deed, I do not see when it is possible for the banks to resume specie
payments, as long as the government is in the field making war upon
them, and in the market demanding specie.
Another conclusive evidence of the hostility to the State Banks,
on the part of Mr. Van Buren, is to be found in that extraordinary
recommendation of a bankrupt law, contained in his message at the
extra session. According to all the principles of any bankrupt syB^
tem with which I am acquainted, the Banks, by the stoppage of
specie payments, had rendered themselves liable to its operation. If
the recommended law had been passed, commissions of bankruptcy
could have been immediately sued out against all the suspended
banks, their assets seized, and the administration of them traiisferredi
from the several corporations to which it is now entrusted, to commis-
sioners appointed by the President himself. Thus, by one blow,
would the whole of the State Banks have been completely prostrated,
and the way cleared for the introduction of the favorite Treasury
Bank ; and is it not in the same spirit of unfriendliness to those banks,
and with the same view of removing all obstacles to the establish-
ment of a government bank, that the bill was presented to the Senate
a few days ago by the Senator from Tennesee (Mr. Grundy) against
the circulation of the notes of the old Bank of the United States ?
At a time when there is too much want of confidence, and when
every thing that can be done, should be done to revive and strengthen
it, we are called upon to pass a law denouncing the heaviest penalty
and ignominious punishment against all who shall re-issue the notes
of the old Bank of the United States, of which we are told that aboat
seven millions of dollars are in circulation ; and they constitute the
best portion of the paper medium of the country, the only portion of
it which has a credit everywhere, and which serves the purpose of
a general circulation ; the only portion with which a man can travel
from one end of the continent to the other ; and I do not doubt that
the Senator who has fulminated those severe pains and penalties
against that best part of our paper medium, provides himself with a
sufficient amount of it, whenever he leaves Nashville, to take him t»
Washington.
OH TBI SUB-TUAtUMT. 806
(Here Mr. Gnmdy roee, and remarked t No, sir ; I always trsTel on apecie.l
Ah ! my old friend is always specious, I am quite sure that menr.
bers from a distance in the interior generally find it indispensable to
supply themselves, on commencing their journey, with an adequate
amount of these identical notes to defray their expenses. Why, sir,
will any man in his senses deny that these notes are far better than
those which have been issued by that government banker, Levi
Woodbury, aided though he be by the Chancellor of the Exchequer,
(I beg his pardon, I mean the ex-Chancellor,) the Senator from New
York, (Mr. Wright ?) I am not going to stop here to inquire into
the strict legality of the re-issue of these notes ; that question, to-
gether with the power of the government to pass the proposed bill,
will be taken up when it is considered. I am looking into the mo-
tive of such a measure. Nobody doubts the perfect safety of the
notes ; no one can believe that they will not be fairly and fully paid.
What, then, is the design of the bill ^ It is to assail the only sure
general medium which the people possess. It is because it may
come in competition with treasury notes, or other government paper.
Sir, if the bill had not been proposed by my old friend from Tennes-
see, I would say its author better deserved a penitentiary punishment
than those against whom it is directed. I remember to have heard
of an illustrious individual, now in retirement, having on some oc-
casion, burst out into the most patriotic indignation, because of a
waggish trick played off upon him, by putting a note of the late
Bank of the United States into his silk purse with his gold.
But it is unnecessary to dwell longer on the innumerable proofs of
the hostility against the State Banks, and the deliberate purpose c
those in power to overthrow them. We hear and see daily through-
oat the country among their partisans and presses, denunciations
•gainst banks, corporations, rag barons, the spirit of monopoly, &c. '
and the howl for gold, hard money, and the constitutional currency
and no one can listen to the speeches of honorable members, friends
of the administration, in this house and the other, without being m
pressed with a perfect conviction that the destruction of the State
Banks is meditated. I have fulfilled my promise, Mr. President, to
sustain, the first four propositions with which I set out. I now pro-
ceed to the fifth proposition*
866 IPKBCHIS OF HBNET CLAT.
5. Tbat the bill under consideration is intended to execate Mr.
Van Barents pledge to complete and perfect the principles, plans and
policy of the past administration, by establishing upon the ruios of
the late Bank of the United States, and the State Banks, a govern-
ment Bank, to be managed and controlled by the treasury depart-
ment, acting under the commands of the President of the United
SUtes.
The first impression made by the perusal of the bill, is the prodigal
and boundless discretion which it grants to the Secretary of Uie
Treasury, irreconcileable with the genius of our free institutions, and
contrary to the former cautious practice of the government. As ori-
ginally reported, he was authorized by the bill to allow any number
of clerks he thought proper to the various Receivers Greneral, and to
fix their salaries. It will be borne in mind that this is the mere com-
mencement of a system ; and it cannot be doubted that, if put into
operation, the number of Receivers General and other depositaries of
the public money would be rodefinitely multiplied. He is allowed to
appoint as many examiners of the public money, and to fix their sal-
aries as he pleases ; he is allowed to erect at pleasure, costly build-
ings ; there is no estimate for any thing ; and all who are conversant
with the operations of the executive branch of the government, know
the value and importance of previous estimates. There is no other
check upon wasteful expenditure but previous estimates, and that
was a point always psrticuhtrly insisted upon by Mr. Jefierson. The
Senate will recollect that, a few days ago, when the salary of the
Receiver General at New York was fixed, the chairman of the Com-
mittee on Finance rose in his place and stated that it was suggested by
the Secretary of the Treasury that it should be placed at three tnoo-
■and dollars ; and the blank was accordingly so filled. There was no
statement of the nature or extent of the duties to be performed, of the
time that he would be occupied, of the extent of his responsibility, or
the expense of living at the several points where they were to oe lo-
cated ; nothing but the svggestion of the Secretary of the Treasury,
and that was deemed all-sufficient by a majority. There is no iimit
upon the appropriation which is made to carry into effect the jill,
contrary to all former usages, which invariably prescribed a sum noC
to be transcended.
A most remarkable feature in the bill, is that to which I have a/-
ON THS 8VB-TREAtVRr» 387
ready called the atteDtion of the Senate, and of which no satisfactory
explanation has been given. It is that which proceeds upon the idea
that the treasury is a thing distinct from the treasure of the United
States, and gives to the treasury a local habitation and a name, in the
new building which is being erected for the treasury department in
the city of Washington. In the treasury, so constituted, is to be
placed that pittance of the public revenue which is gleaned from the
District of Columbia. All else, that is to say, nine hundred and ninety*
nine hundredths of the public revenue of the United States is to be
placed in the hands of the Receivers General, and the other deposits
arics beyond the District of Columbia. Now, the constitution of the
United States provides that no money shall be drawn from the public
treasury but in virtue of a previous appropriation by law. That tri-
fling portion of it, therefore, which is within the District of Columbia,
will be under the safeguard of the constitution, and all else will be at
the arbitrary disposal of the Secretary of the Treasury.
It was deemed necessary, no doubt, to vest in the Secretary of the
Treasury this vast and alarming discretionary power. A new and
immense government bank is about to be erected. How it would
work in all its parts, could not be anticipated with certainty ; and it
was thought proper, therefore, to bestow a discretion commensurate
with its novelty and complexity, and adapted to any exigencies which
might arise. The tenth section of the bill is that in which the power
to create a bank is more particularly conferred. It is short, and I will
read it to the Senate.
" Pko. 10. And be it further enacted. That it shall be lawful for the Sf'crclary of
the Treasury tcftransfor ihe moneys in the hands of any denositaiy hereby constitu-
ted, to the treasury of the United States ; to the mint at Philadelphia ; to the branch
mint at New Oileans ; or to the oilices of either of the Keceivers General of public
moneys, by this act directed to be appointed ; to be there safety kept, according to
the provisions of this act ; and alio to tranrfer moneys in the hands of any one depotit'
«try, constituted by this act, to any other depositary constituted by the same, at ins ms-
cRcnoif, and astne safety of the publie monevs, and the convenience of the public ser-
vice, shall seem to him to require. And, for trie purpose of payments on the public
account, it shall be lawful for the said Secretary to draw upon any of the said depoeita-
net. as A« may think most conducive to the public ini^ests, or to the convenience of the
public creditors, or both."
It will he seen that it grants a power, perfectly undefined, to the
Secretary of the Treasury, to shift and transfer the public money, from
depositary to depositary, as he pleases. He is expressly authorized
to transfer moneys in the hands of any one depositary, constituted faj
the aety to any other depositary constitiited by it, al Ms dUcrtiimj
368 SPKSCHBS OP HBSIRT CLAT.
and as the safety of the public moneys, and the ccntemence of the
public service^ shall seem to him to require. There is no specifica-
tion of any contingency or contingencies on which he is to act. All
is left to his discretion. He is to judge "when the public service (and
more indefittite tenns could not have been employed) shall seem to
him to require it. It has been said that this is nothing more than the
customary power of transfer, exercised by the treasury department
firom the origin of the government. I deny it, utterly deny it. It is
a totally different power from that which wras exercised by the cau-
tious Gallatin, and other Secretaries of the Treasury — a power, by
the by, which, on more than one occasion, has been controverted,
and which is infinitely more questionable than the power to establish
a bank of the United States. The transfer was made by them raiely,
in large sums, and were left to the banks to remit. When payments
were made, they were effected in the notes of banks with which the
public money was deposited, or to which it was transferred. The
rates of exchange were regulated by the state of the market, and un-
der the responsibility of the banks. But here is a power given to
transfer the public moneys, without limit as to sum, place or time,
leaving everything to the discretion of the Secretary of the Treasury,
the Receivers General, and other depositaries. What a scope is al-
lowed in the fixation of the rates of exchange, whether of premium
or discount, to regulate the whole domestic exchanges of the country,
to exercise favoritism ! These former transfers were not made for
disbursement, but as preparatory to disbursement; and, when dis-
bursed, it was generally in bank notes. The transfers of this bill are
immediate payments, and payments made, not in bank notes, but in
specie. ^
The last paragraph in the section provides that, for the purpose of
payments on the public account, it shall be lawful for the Secretary
to draw upon any of the said depositaries^ as he may think most con*
ducive to the public interest, ot to the convenience of the public credi-
tors, or both. It will be seen that no limit whatever is imposed upon
the amount or form of the draft, or as to im depositary upon which
it is drawn. He is made the exclusive judge of what is *' most con-
ducive to the public interests." Now let us pause a moment, and
trace the operation of the powers thus vested. The government has
a revenue of from twenty to thirty millions. The Secretary may
draw it to any one or more points, as he pleases. More than a
on THB fUB-TRBASUBT.
■
moiety of the revenae arising from customs is receivable at the port
of New York, to which point the Secretary may draw all portions of
it, if he thinks it conducive to the public interest. A man has to re-
eeive, under an appropriation ]aw, $10,000, and applies to Mr. Sec-
retary for payment. Where will you receive it ? he is asked. On
New York. How ? In drafts from $5 to $500. Mr. ^cretary
will give him these drafts accordingly, upon bank note paper, im-
pressed like and simulating bank notes, having all suitable embla-
zonry, signed by my friend the Treasurer, (whose excellent practical
sense, and solid and sound judgment, if he had been at the head of
the treasury, instead of Mr. Levi Woodbury, when the suspension of
specie payments took place, would have relieved or mitigated the
pecuniary embarrassments of the government and the people,) and
countersigned by the Comptroller, and filled up in the usual way olf
bank notes. Here is one of them !
[He here held up to the gaze of the Senate a treasury note, having all the appoaranea
of a bank note, colored, engraved, and executed like any other bank note, for #00.]
This is a govemment pof/-note, put into circulation, paid out as
money, and prepared and sent forth, gradually to accustom the peo-
ple of this country to government paper. s
I have supposed $10,000 to be received, in the mode stated, by a
person entitled to receive it under an appropriation law. Now, let
us suppose what he will do with it. Anywhere to the south or west
it will command a premium of from two to five per cent. Nowhere
in the United States will it be under par. Do you suppose that the
holder of these drafts would be fool enough to convert them into spe-
cie, to be carried and transported at his risk. Do you think that be
would not prefer that this money should be in the responsible custody
of the govemment, rather than in his own insecure keeping ? Do
you think that he will deny to himself the opportunity of realizing
the premium of which he may be perfectly sure ? The greatest want
of the country is a medium of general circulation, and of uniform value
everywhere. That, especially, is our want in the western and inte-
rior States. Now, here is exactly such a medium ; and, supposing
the govemment bank to be honestly and faithfully administered, it
will, during troch an administration, be the best convertible paper
BMMiqr in the wocld^ for two leagont The first iti thai every doQw
S70 8PXBCHU OP HENRT CLAT.
of paper out will be the representative of a dollar of specie in tlie
hands X)f the Receivers General, or other depositaries ; and, secondly,
if the Receivers General should embez/le the public money, the re-
sponsibility of the government to pay the drafts issued upon the bans
of that money would remain unimpaired. 'The paper, therefore,
would bo^as far superior to the paper of any private corporation as
the ability and resources of the government of the United States are
superior to those of such corporations.
The banking capacity may be divided into three fi^ulties— de-
posites, discount of bills of exchange, and promissory notes, or either,
and circulation. This government hank would combine them all,
except that it would not discount private notes, nor receive j^vate
deposites. In payments for the public lands, indeed, individuals are
allowed to make deposites, and to receivecertificatesof their amount
To guard against their negotiability, a clause has been introduced to
render them unassignable. But bow will it be possible to maintain
such an inconvenient restriction, in a country where every descrip-
tion of paper imposing an obligation to pay money or deliver property
is assignable, at law or in equity, from the oommercial nature and
trading character of our people ?
Of all the faculties which I have stated of a bank, that which cre-
ates a circulation is the most important to the community at large. li
is that in which thousands may be interested, who never obtained a
discount or made a deposite with a bank. Whatever a government
agrees to receive in payment of the puclic dues, as a medium of cir-
culation, is money, current money, no matter what its form may be,
treasury notes, drafts drawn at Washington by the treasurer, on the
Receiver General at New York, or, to use the language employed in
various parts of this bill, '' such notes, bills or paper issued under the
authority of the United States." These various provisions were
probably inserted not only to cover the case of treasury notes, but
that of these drafls, in due season. But if there were no express pro-
vision of law, that these drafts should be receivable in payment of
public dues, they would, necessarily, be so employed, from their owi
intrinsic value.
The want of the community of a general circulation of uniixa
value everywhere in the United States, wonld occacion vast
of the species of drafts which I have described to remain in (yrcula-
tion. The appropriations this year will probably fall not much short
of thirty millions. Thirty millions of treasury drafts on Receivers
Geneial,of cverjdenomination and to any amount, may he issued by
the Secretary of the Treasury. What amount would remain in Circu-
lation cannot be determined a prioriy I suppose not less than ten or
fifteen millions ; at the end of another year some ten or fifteen mill-
ions more ; they would fill all the channels of circulation. The war
between the government and State Banks continuing, and this mam-
moth government bank being in the market, constantly demanding
specie for its varied and ramified operations, confidence would be loft
in the notes of the local banks, their paper would gradually cease to
circulate, and the banks themselves would be crippled and broken.
The paper of the government bank would ultimately fill the vacuum,
as it would instantly occupy the place of the notes of the late Bank
of the United States.
I am aware, Mr. President, that the 25th section of the bill, in or-
der to disguise the purpose of the vast machinery which we are about
constructing, provides that it shall be the duty of the Secretary
of the Treasury to issue and publish regulations to enforce the speedy
presentation of all government drafts for payments at the place where
payable, &c. Now, what a tremendous power is here vested in the
Secretary ! He is to prescribe rules and regulations to enforce the
speedy presentation of all government drafts for payment at the place
where payable. The speedy presentation ! In the case I have sup
posed, a man has his $10,000 in drafts on the Receiver General at
New Yoirk. The Secretary is empowered to enact regulations re-
quiring him speedily to present them, and, if he do not, the Secretary
may order them to be paid at St. Louis. At New York they may
be worth a premium of five per cent. ; on St. Louis they may be
liable to a discount of five per cent. Now, in a free government, who
would ever think of subjecting the property or money of a citizen to
the exercise of such a power by any Secretary of the Treasury?
What opportunity does it not afford to reward a partisan or punish an
opponent ? It will be impossible to maintain such an odious and use-
less restriction for any length of time. Why should the debtor (aa
the government would . be in the case of such drafts as I have sup-
posed) require his creditor (as the holder of the draft would be) to
applj within a prescribed time fitf his payment ? No, sir ; the tji^
A
373 tPnCHll OP HBNRT CUkT.
tern v[Ould control you ; you could not control the i^stem- But, it
SQch a ridiculous restriction could not be so continutni, the drafts
would, nevertheless, while they were out, be the time long or short
perform the office of circulation and money.
liCt us trace a little further the operation of this fi^vemmen^ banlu
and follow it out to its final explosion. 1 have supposed the appro
propriation of some thirty millions of dollars annually by the govern-
ment, to be disbursed in form of drafts, issued at Washington by the
treasury department, upon ,the depositaries. Of that amount some
ten or fifteen millions would remain, the first year, in circulation ; at
the end of one year,' a similar amount would continue in circulation ;
and so on, from year to year, until, at the end of a series of some five
or six years, there would be in circulation, to supply the indispensa-
ble wants of commerce and of a general medium of uniform value,
not less than some sixty or eighty millions of drafts issued by the gov-
ernment. These drafts would be generally upon the Receiver General
at New York, because on that point they would be preferred over all
others, as they would command a premium, or be at par, throughout
the whole extent of the United States ; and we have seen that the
Secretary of the Treasury is invested with ample authority to con-
centrate at that poiat the whole revenue of the United States
All experience has demonstrated, that in banking operations a
much larger amount of paper can be kept in circulation than the spe-
cie which it is necessary to retain in the vaults to meet it when pre-
sented for payment. The proportions which the same experience
has ascertained to be entirely safe, are one of specie to three of paper.
If, therefore, the executive government had sixty millions of dollars
accumulated at the port of New York, in the hands of the Receiver
Creneral, represented by sixty millions of government drafb in circu-
lation, it would be known that twenty of that sixty millions would be
sufficient to retain to meet any amount of drafts which, in ordinary
times, would be presented for payment. There would then remain
forty millions in the vaults, idle and unproductive, and of which no
practical use could be made. Well, a great election is at hand in the
State of New York, the result of which will seal the fate of an exist-
ing admmistration. If the application of ten millions of that dormant
capital could save, at some future day, a corrupt executive from
overthrow, can it be doubted that the ten milliont would be applied
Off TRX S0B-TftXAfURT. 873
I
to preserve it in power ? Again : let us suppose some great exigen-
cj to arise, a season of war, creating severe financial pressure and
embarrassment. Would not an issue of paper, founded upon and ex-
ceeding the specie in the vaults, in some such proportions as experi-
ence had demonstrated might be safely emitted, be authorised?
Finally, the whole amount of specie might be exhausted, and then, as
it is easier to engrave and issue bank notes than to perform the un-
popular office of imposing taxes and burdens, the discovery would be
made that the credit of the government was a sufficient basis where-
on to make emissions of paper money, to be redeemed when peace
and prosperity returned. Then we should have the days of conti-
nental money and of assignats restored ! Then we should have that
government paper medium, which the Senator from South Carolinai
(Mr. Calhoun) considers the most perfect of all currency !
Meantime, and during the progress of this vast government ma-
chine, the State Banks would be all prostrated. Working well, as it
may, if honestly administered, in the first period of its existence, it
will be utterly impossible for them to maintain the unequal competi-
tion. They could not maintain it, even if the government were ac-
tuated by no unfriendly feelings towards them. But, when we know
the spirit which animates the present executive towards them, who
can doubt that they must fall in the unequal contest ? Their issues
will be discredited and discountenanced ; and that system of bank-
ruptcy which the President would even now put into operation against
them, wil\, in the sequel be passed and enforced without difficulty.
Assuming the downfall of the local banks, the inevitable conse-
quence of the operations of this great government bank ; assuming, as
I have shown would be the case, that the government would mono-
polize tlic paper issues of the country, and obtain the possession of
a great portion of the specie of the country, we should then behold a
combined and concentrated moneyed power, equal to that of all the
existing banks of the United States, with that of the late bank of the
United States superadded. This tremendous power would be wield-
ed by the Secretary of the Treasury, acting under the immediate com-
mands of the President of the United States. Here would be a per-
fect union of the sword and purse ; here would be no imaginary, but
an actual, visible, tangible, consolidation of the moneyed power. Who
or what could withstiuid it ? The States thexnaelves would become
•Y
374 •PUBCRXS OP HRNRT C|^T.
ffOj^liants at the feet of the executive for a portion of those papor
emissions, of the power to issue which the/ had been strippedy and
which he now exclusively posssessed.
Mr. President, my observation and experience have satisfied me
that the safety of liberty and prosperity consists in the division of
power, whether political or pecuniary. In our federative system, our
security is to be found in that happy distribution of power which ex-
ists between the Federal government and the Slate governments. In
oar monetary system, as it lately existed, its excellence resulted from
that beautiful arrangement by which the States had their instilutioni
for local purposes, and the general government its institution for the
more general, purposes of the whole Union. There existed the great-
est congeniality between all the parts of this admirable system. All
was homogeneous. There was no separation of the federal govern-
ment from the States or from the people. There was no attempt to
execute practically that absurdity of sustaining, among the same peo-
ple, two different currencies of unequal value. And how admirably
did the whole system, during the . forty years of its existence move
and work ! And on the two unfortunate occasions of its ceasing to
exist, how quickly did the business and transactions of the country
run into wild disorder and utter confusion.
Hitherto I have considered this new project as it is, according to
its true nature and character, and what it must inevitably become.
I have not examined it as it is not, but as its friends would represent
it to be. They hold out the idea that it is a simple contrivance to
collect, to keep and disburse the public revenue. In that view of it,
every consideration of safety and security recommends the agency of
responsible corporations, rather than the employment of particular in-
dividuals. It has been shown, during the course of this debate, that
the amount which has been lost by the defalcation of individuals has
exceeded three or four times the amount of all that has been lost by
the local banks, although the sums confided to the care of individoals
have not been probably one-tenth part of the amount that has been is
the custody of the local banks. And we all know that, durin<r the
forty years of the existence of the two banks of the United Stales,
■ot one cent was lost of the public revenue.
I have been curious Mr. President, to know whence this idea of
,
4m THB «OB-TRfiA8URT. 876
Receiyers General was derived. It has been supposed to have been
borrowed from France. It required all the power of that most ez*
iraordinary man that ever lived, Napoleon Bonaparte, when he was
in his meridian greatness, to displace the Farmers General, and to
iubstilute in their place the Receivers General. The new system
requires, I think I have heard it stated, something like 100,000 em-
ployees to have it executed. And notwithstanding the modesty of
the infant promise of this new project, 1 have no doubt that ulti-
mately we shall have to employ a number of persons approximating
to that which is retained in France. That will undoubtedly be the
case whenever we shall revive the system of internal taxation. In
France, what reconciled them to the system was, that Napoleon firsts
and the Bourbons afterwards, were pleased with the immense patro-
nage which it gave them. They liked to have 100,000 dependents
to add strength to the throne, which had been recently constructed
or re-ascended.
I thought, however, that the learned Chairman of the Committee
on Finance must have had some other besides the French model for
bis Receivers General ; and accordingly, upon looking into Smith's
history of his own state, I found that, when it was yet a colony some
centyry and a half ago, and when its present noble capital still re-
tained the name of New Amsterdam, the historian says :
"Among the principal laws enacted at this session, we mav mention that tor e«>
tftblishinK the revenue, which was drawn into precedent, llie sums raised by it
were made payable into the hands of Receivers General, and Lwied bv the Gover>
nor's warrant. By this means the Governor became, for a season, independent of
the people, and hence we find frequent instances of the assemblies contending widi
him for the discharge of debts to private pemons contracted on the faith of the gor
▼cmment."
The then Governor of the colony was a man of great violence of
temper, and arbitrary in his conduct. How the sub-treasury system
of that day operated, the same historian informs us in a subsequent
part of his work.
«
* The revenue,** he says, " established the 1a<it year, was at this sc83ion continued
five years longer than w.is onjinallv intended. This was rend<?rin? the Governor
independent of the people. For, at that dar, the Assembly had no treasure, but the
amount of all taxes went, of conrap, into the hands o\' the Kecciver General, who
was appointed by thp crown. Out of the fund, moneys were only issuable by the
Governor's wamint; so that every officer in the government, from Mr. Blaithwait,
wlio drew Mnnually five per cent, out of the revenne, as Auditor General, down to
the meanest servant of the public, became deiiendent, solely, on the Governor. Aiijt
hence we Ann the house, at the close of every seftioa, hambiy aduiesaiog ais ezctlr
Nttsjr for tlie ^Ifang wates <tf liMir aim«l«ia*'*
376 SPEECHES OF HEIfRT CLAY.
And, Mr. President, if the measure should unhappily pass, the daj
may come when the Senate of the United States will have hambly to
implore some future President of the United States to grant it money
to pay the wages of its own sergeant-at-arms and dooi keeper.
Who, Mr. Presideut, are the most conspicuous of those who pef •
severingly pressed this bill, upon Congress and the American peo-
ple ? Its drawer is the distinguished gentleman in the White House
not far off, its endorser is the distinguished Senator firom South
Carolina, here present. What the drawer thinks of the endorser,
his cautious reserve and stifled enmity prevent us from knowing.
But the frankness of the endorser has not left us in the same igno-
rance with respect to his opinion of the drawer. He has often ex-
pressed it upon the floor of the Senate. On an occasion not very
distant, denying him any of the nobler qualities of the royal bekst of
the forest, he attributed to him those which belong to the most crafty,
most skulking, and one of the meanest of the quadruped tribe. Mr.
President, it is due to myself to say that I do not altogether share
with the Senator from South Carolina, in this opinion of the Presi-
dent of the United States. I have always found him, in his man-
ners and deportment, civil, courteous, and gentlemanly ; and he dis-
penses, in the noble mansion which he now occupies, one worthy the
residence of the Chief Magistrate of a great people, a generous and
liberal hospitality. An acquaintance with him of more than twenty
years^ duration has inspired me with a respect for the man, although
I regret to be compelled to say, I detest the magistrate.
The eloquent Senator from South Carolina has intimated that the
course of my friend^ and myself, in opposing this bill, was unpatriotic,
and that we pught to have followed in his lead ; and, in a late letter
of his, he has spoken of his alliance with us, and of his motives for
quitting it. I cannot admit the justice of his reproach. We united,
if indeed, there were any alliance in the case, to restrain the enor-
mous expansion of executive power , to arrest the progress of cor-
ruption ; to rebuke usurpation ; and to drive the Goths and Va^als
from the capital ; to expel Brennus and his horde from Rome, who,
when he threw his sword into the scale, to augment the ransom de-
manded from the mistress of the world, showed his preference for
gold ; that he was a hard-money Chieftain. It was by the much
more valuable metal of iron that he was driven from her gates. And
Off THB aVB-TSSAf UBT. 377
I
how often hare we witnessed the Seoator from South Carolina, with
woful countenance, and in doleful stiains, pouring forth touching and
mournful eloquence on the degeneracy of the times, and the down-
ward tendency of the republic ? Day after day, in the Senate, hare
we seen the displays of his lofty and impassioned eloquence. Al-
though I shared largely with the Senator in hb apprehension for the
purity of our institutions, and the perminancy of our civil liberty,
disposed always to look at the brighter side of human affiurs, I was
sometimes inclined to hope that the vivid imagination of the Senator
had depicted the dangers by which we were encompassed in some-
what stronger colors than they justified. The arduous contest in
which we were so long engaged was about to terminate in a glorious
victory. The very object for which the alliance was formed was
about to be accomplished. At this critical moment the Senator left
us ; he left us for the very purpose of prc^venting the success of the
common cause. He took up his musket, knapsack, and shot-pouch,
and joined the other party. He went, horse, foot, and dragoon, and
he himself composed the whole corps. He went, as his present most
distinguished ally commenced with his expunging resolution, solitaiy
and alone. The earliest instance recorded in history, within my re-
collection, of an ally drawing off his forces from the combined army,
was that of Achilles at the siege of Troy. He withdrew, with all
his troops, and remained in the neighborhood, in sullen and dignified
inactivity. But he did not join the Trojan forces ; and when, dur-
ing the progress of the siege, his fiuthfiil fiiend fell in battle, he rais-
ed his avenging arm, drove the Trojans back into the gates of Troy,
and satiated his vengeance by slaying Priam's noblest and dearest
son, the finest hero in the immortal Illiad. But Achilles had been
wronged, or imagined himself wronged in the person of the fair and
beautiful Briseis. We did no wrong to the disinguished Senator from
South Carolina. On the contrary, we respected him, confided in his
great and acknowledged ability, his uncommon genius, his extensive
experience, his supposed patriotism ; above all, we confided in his
stem and inflexible fidelity. Nevertheless, he left us, and joined our
co^pnon opponents, distrusting and distrusted. He left us, as he
tells tt9 in the Edgefield letter, because the victory which our com*
mon arms were about to achieve, was not to enure to him and his
party, but exclusively to the benefit of his allies and their cause. I
thought that, actuated by patriotism — ^that noblest of human virtues
-*-we had been amtending together finr one common coontry, for htr
378 9PBCCHU OV HBtTBT CLAT.
violated rights, her threatened liberties, her prostrate comtitotiim.
Never did I suppose that personal or party considerations entered idId
our views. Whether, if victory shall ever again be about lo perch
upon the standard of the spoils party, — the denomination "which the
Senator from South Carolina has so often given to his present allies—
he will not feel himself constrained, by the principles c n which he ha»
acted, to leave them because it may not enure to the benefit of hiift-
self and his party, 1 leave to be adjusted between themselves.
The speech of the Senator from South Carolina was plausible, in-
genious, abstract, metaphysical, and generalizing. It did not appear
to me to be adapted to the bosoms and business of human life. H
was aerial, and not very high up in the air, Mr. President, either,
not quite as high as Mr. Clayton was in his last ascension in hisbft-
loon. The Senator announced that there was a single alternative,
and no escape from one or the other branch of k. He stated that we
must take the bill under consideration, or the substitute proposed by
the Senator from Virginia. I do not concur in that statement of the
case. There is another course embraced in neither branch of the
Senator's alternative ; and that course is to do nothing ; always the
wisest when you are not certatn what you ought to do. Let us sup-
pose that neither branch of the alternative is accepted, and that noth-
ing is done. What, then, would be the consequence ? There would
be a restoration of the law of 1789, with all its cautious provisions
and securities, provided by the wisdom of our ancestors, which has
been so trampled upon by the late and present administrations. By
that law, establishing the treasury department, the treasure of the
United States is to be received, kept, and disbursed, by the treasurer,
under a bond with ample security, under a large penalty fixed by
law, and not left, as this bill leaves it, to the uncertain discretion of a
Secretary of the Treasury. If, therefore, we were to do nothing,
that law would be revived ; the treasurer would have the custody,
as he ought to have, of the public money, and doubtless he would
make special depositcs of it in all instances, with safe and sound
State Banks, as in some cases the Secretary of the Treasury is ipw
obliged to do. Thus, we should have in operation that very special
deposite system, so much desired by some gentlemen, by which the
public money would remain separate and unmixed with the monej
of banks. There is yet another course, unembraced by either branch
of the alternative presented by the Senator from. South Carolina ; and
Qir THV 8VB-TB«A8(mT. 87t-
that is to establish a Bank of the United States, constituted according
to the old and approved method of forming such an institution, tested
and sanctioned by experience ; a Bank of the United States which
should blend public and private interests, and be subject to public and
private control, united together in such a manner as to present safb
and salutary checks against all abuses. The Senator mistakes hif
own abandonment of that institution as ours. 1 know that the
party in power has barricaded itself against the establishment of such
a bank. It adopted, at the last extra session, the extraordinary and
unprecedented resolution, that the people of the United States should
not have such a bank, although it might be manifest that there was a
clear majority of them demanding it. But the day may come^ and I
trust is not distant, when the will of the people must prevail in the
councils of her own government; and when it does arrive, a bank
will be established.
The Senator from South Carolina reminds us that we denounced
the pet bank system ; and so we did, and so we do. But does it
therefore follow that, bad as that system was, we must be driven into
the acceptance of a system infinitely worse ? He tells us that the
bill under consideration takes the public funds out of the hands of the
executive, and places them in the hands of the law. It docs no such
thing. They are now without law, it is true, in the custody of the
executive ; and the bill proposes by law to confirm them in that cus-
tody, and to convey new and enormous powers of control to the ex«
ecutive over them. Every custodary of the public funds provided by
the bill is a creature of the executive, dependent upon his breath, and
subject to the same breath for removal, whenever the executive, from
caprice, from tyranny, or from party motives, shall choose to order
it. What safety is there for the public money, if there were a hund-
red su1x)rdinate executive officers charged with its care, while the
docrine of the absolute unity of the whole executive power, promul-
gated by the last administration, and persisted in by this, remains
unrevoked and unrebuked ?
While the Senator from South Carolina professes to be the friend -
of State Banks, he has attacked the whole banking system of the
United States. He is their friend ; he only thinks they are all un-
constitutional ! Why ? Because the coining power is possessed by
the general government, and that coining power, he argues, was io*
360 8PEBCHKS or HKMRT CLAY.
tended to supply a currency of the precious metals ; but the State
Banks absorb the precious metals, and ivithdraw them from circtila-
tion, and, therefore, are in conflict with the coining power. That
power, according to my view of it, is nothing but a naked authority
ta stamp certain pieces of the preciotios metals, in fixed proportions of
alloy and pure metal prescribed by law, so that their exact value be
known. When that office is performed, the power Isfunctm offido^
the money passes out of the mint, and becomes the lawful properly
of those who legally acquire it. They may do with it as they please,
throw it into the ocean, bury it in the earth, or melt it in a crucible,
without violating any law. When it has once left the vaults of the
mint, the law maker has nothing to do with it, but to protect it against
those who attempt to debase or counterfeit, and subsequently, to pass
it as lawful money. In the sense in which the Senator supposes the
banks to conflict with the coining power, foreign commerce, and es-
pecially our commerce with China, conflicts with it much more ex-
tensively. That is the great absorbent of the precious metals, and is
therefore much more unconstitutional than the State Banks. For*
eign commerce sends them out of the country ; banks retain them
within it. The distmguished Senator is no enemy to the banks ; he
merely thinks them injurious to the morals and industry of the coon*
try. He likes them very well, but he nevertheless believes that they
levy a tax of twenty-five millions annually on the industry of the
country ! Let us examine, Mr. President, and see how this enor-
mous assessment is made, according to the argument of the Senator
firom South Carolina. He states that there is a mass of debt due from
the community to the banks, amounting to $475,000,000, the inter-
est upon which, constituting about the sum of $25,000,000, forms
the exceptionable tax. Now, this sum is not paid by the whole com-
munity, but only by those individuals who obtain discounts from the
banks. They borrow money at six per cent, interest, and invest it
in profitable adventures, or otherwise employ it. They would not
borrow if they did not suppose they could make profit by it. Instead,
therefore, of there being any loss in the operation, there is an actual
gain to the community, by the excess of profit made beyond six per
cent, interest, which they pay. What are banks } They are meie
organized agencies for the loan of money and the transaction of mone-
tary business ; regulated agencies acting under the prescriptions of
law, and subject to a responsibility, moral and legal, far transcendiisfg
that under which any private capitalist operates. A number of per-
•» IBM tOB-TEBiUnJET. 981
ij not choosiog to lend out their j^onej privately, associate to-
gether, bring their respective capitals into a common stock, which is
controlled and managed by the corporate government of a bank. If
no association whatever had been formed, a large portion of this capi-
tal, therefore, of that very debt c^ $475,000,000, would stiU exist, in
the shape of private loans.
The Senator from South Carolina might as well connect the aggre-
gate amount of all the mortgages, bonds, and notes, which have been
executed in the United States for loans, and assert that the interest
paid upon the total sum constituted a tax levied upon the community.
In the liquidation of the debt due to the banks from the community,
and from the banks to the community, there would not be as much
difficulty as the Senator seems to apprehend. From the mass of
debts due to the banks are to be deducted, first, the amount of sub-
scriptions which constitute their capitals ; secondly, the amount of
deposites to the credit of individuals in their custody ; and, thirdly,
the amount of their notes in circulation. How easily these mutual
debts neutralise each other ! The same person, in numberless instan-
ces, will combine in himsdf the relations both of creditor and debtor*
The only general operation of banks beyond their discounts and de-
posites, which pervades the whole community, is that of fhmbhing a
cifculatios in redeemable paper, beyond the amount of specie to re-
deem it in their vaults. And can it be doubted that this additional
supply of money furnishes a powerful stimulus to industry and pro-
duction, fully compensating any casual inconvenience, which some-
times, though rarely, occurs ? Banks reduce the rate of interest, and
repress inordinate usury. The salutary influence of banking opera-
tions is demonstrated in countries and sections of country where they
prevail, when contrasted with those in which they are not found. In
the former, all is bustle, activity, general prosperity. The country
is beautified and adorned by the noble works of internal improve-
ments; the cities are filled with splendid edifices, and the wharves
covered with the rich productions of our own and of foreign climates.
In the latter, all is sluggishness, slothfulness, and inaqtivity. Eng-
land, in modem times, illustrates the great advantages of banks, of
credit, and of stimulated industry. Contrast her with Spain, desti-
tute of all those advantages. In ancient times, Athens would present
382 SPEECHES or heitrt clat.
an image of full and active employment of all the energies of nuui^
carried to the highest point of civilization, while her neighbor, Sparta,
with her iron money, affords another of the boasted benefits of ma*
tallic circulation.
The Senator from South Carolina would do the banks no hann ;
but they are deemed by him highly injurious to the planting interest!
According to lilm, they inflate prices, and the poor planter sells his
productions for hard money, and has to purchase his supplies at the
swollen prices produced by a paper medium. Now I must dissent
altogether from the Senator's statement of the case. England, the
principal customer of the planter is quite as much, if not more, a par-
per country than ours. And the paper-money prices of the one coun-
try are neutralized by the paper-money prices of the other country.
If the argument were true that a paper-money trades disadvantage-
ously with a hard-money country, we ought to continue to employ a
paper medium, to counter-balance the paper medium of England.
And if we were to banish our paper, and substitute altogether a me^
tallic currency, we should be exposed to the very inequality which
has been insisting upon. But there is nothing in that view of the
matter which is presented by the Senator from South Carolina. I^
as he asserts, prices were always inflated in this country beyond their
standard in England, the rate of exchange would be constantly against
us. An examination, however, into the actual state of exchange be-
tween the two countries, for a long series of years, evinces that it has
generally been in our favor. In the direct trade between England
and this country, I have no doubt there is a large annual balance
against us ; but that balance is adjusted and liquidated by balances
in our favor in other branches of our foreign trade, which have been
finally concentrated in England, as the great centre of the commer-
cial world.
Of all the interests and branches of industry in this country, none
has profited more by the use and employment of credit and capital,
derived from the banks and other sources, than the planting intei^^sts.
It habitually employs credit in all countries where planting ao;rica]*
turo prevails. • The States of Alabama, Mississippi, Arkansas, and
Louisiana, have almost sprung into existence, as it were by magic, or
at least, have been vastly improved and extended under the influence
of the credit system. Lands, slaves, utensils, beasts of burden, and
ON THE SUB-TRCASURT. 888
other supplies, have been constantly bouglit, and still continue to be
purchased, upon credit; and bank-agency is all-cssential to give the
most beneficial operation to these credits. But the argument of the
Senator from South Carolina, which I am combating, would not be
correct, if it were true that we have inflated prices on this side of the
Atlantic, without a corresponding inflation of price on the other side ;
because the planter, generally selling at home, and buying at home,
the proceeds of his sale, whatever they may be, constitute the means
by which he effects his purchases, and consequently neutralizes each
other. In what do we of the West receive payment for the immense
quantity of live stock and other produce of our industry, which we
annually sell to the South and Southwest, but that paper-medium
now so much decried and denounced ? The Senator from South
Carolina is very fond of the State banks ; but he thinks there is no
legitimate currency except that of the constitution. He contends
that the power which the government possesses to impose taxes re-*
stricts it, in their payment, to the receipt of the precious metals. Bat
the constitution does not say so. The power is given in broad and
unrestricted terms ; and the government is lefl at liberty to collect the
taxes in whatever medium or commodity from the exigencies of the
case, it can collect them. It is, doubtless, much the most convenient
to collect them in money, because that represents, or can command,
every thing, the want of which is implied by the power of taxation.
But suppose there was no money in the country, none whatever, to
be extorted by the tax gatherer from an impoverished people ? Is
the power of jrovernment to cease, and the people to be thrown back
into a state of nature ? The Senator asks if taxes could be levied
and collected on tobacco in cotton and other commodities ? Undoubt-
edly they could, if the necessity existed for such an inconvenient im-
position. Such a case of necessity did exist in the colony of Virginia,
and other colonies, prior to the revolution, and taxes were accord-
ingly levied in tobacco or other commodities, as wolf-scalps, even at
this day, compose a part of the revenue of more than one State.
The argument, then, of the Senator against the right of the govern-
ment to receive bank notes in payment of public dues, a practice co-
eval wilh the existence of the government, does not seem to me to
be sound. It is not accurate, for another reason. Bank notes, when
convertible at the will of the holder into specie, are so much counted
or told specie, like the specie which is counted and pat in marked
384 tPEECHCS 07 HKNRY CLAY.
k^ denoting the quantity of their contents. The Senator tells m
that it has been only within a few days that he has discovered that
it is illegal to receive bank notes in payment of public dues. Doea
he think that the usage of the government, under all its adminiatrar
tions, and with every party in power, which has prevailed for nig^
fifty years, ought to be set aside by a novel theory of his, just dream-
ed into existence, even if it possesses the merit of ingenuity ? The
bill under consideration, which has been eulogized by the Senator aa
perfisct in its structure and details, contains a provision that bank
notes shall be received in diminished proportions, during a term >of
six years. He himself introduced the identical principle. It is the
only part of the bill that is emphatically his. How then can he con-
tend that it is unconstitutional to receive bank notes in payment of
public dues ? I appeal from himself to himself. The Senator iurthtt
contends that general deposites cannot be made with banks, and be
thus confounded with the general mass of the funds on which they
tiaasact business. The argument supposes that the money collected
for taxes must be [Kreserved in identity ; but that is impossible often
to do. May not a collector give the small change which he has re-
ceived fix>m one tax-payer to another tax-payer to enable him to eflfect
his payment ? May he not change gold for silver, or vice oersa, or
both, if he be a distant collector, to obtain an undoubted remittance to
the public tfeasury ? What Mr. President, is the process of making
deposites with banks ? The deposite is made, and a credit is entered
for its amount to the government. That credit is supposed to be the
exact equivalent of the amount deposited, ready and forthcoming to
the government whenever it is wanted for the purposes of disburse
ment. It is immaterial to the government whether it receives hack
again the identical money put in, or other money of equal value. All
that it wants is what it put in the bank, or its equivalent ; and that,
in ordinary times, with such prudent banks as alone ought to be se»
lected, it is sure of getting Again : the treasury has frequently to
make remittances to foreign countries, to meet the expenditure neces-
sary there for our naval squadrons and other purposes. They are
made to the bankers, to the Barings or the Rothschilds, m the fimn
of bills of exchange, purchased in the market by the agents of the
government here, with, money drawn out of the treasury. Here is
one conversion of the money received from the tax-gatherer into the
treasury. The bills are transmitted to the bankers, honored, paid,
and the amount credited by them to the United States. Are thu
OH TOB SUB-TREAtUlir. 3S6
bankers bound to retain the proceeds of tho hills in identity P Are
they bound to do more than credit the government for an equal
amount for which they stand responsible whenever it is wanted P If
they should happen to use any portion of those very proceeds of bills
remitted to them in their banking operations, would it be drawing
money from the treasury contrary to the provisions of the constitu-
tion ?
The Senator from South Carolina contends that there is no consti-
tutional power to contract with the twenty-five selected banks, as
proposed in the substitute ; yet the deposite act of 1836, which ob-
tained the hearty approbation of that Senator, contained a similar
provision ; and the very bill under consideration, so warmly support-
ed by him, provides, under certain contingencies, for contracts to be
made with State Banks, to receive deposites of the public money
upon compensation. He objects to the substitute, that it converts
twenty- five State Banks into a system of federal institutions; but the
employment of State institutions by the federal authority no more
makes them federal, than the employment of federal institutions by
the states converts them int<r State institutions. This mutual aid,
and this reciprocal employment of the several institutions of the
general and particular governments, is one of the results and beauties
of our admirable though complex system of government. The gene-
ral government has the use of the capital, court-houses, prisons, and
penitentiaries, in the several States. Do they, therefore^ cease to
appertain to the States ? It is to be borne in mind that, although the
Slate Banks may occasionally be used by the federal authority, iheiv
legal responsibility to the several States remains unimpaired. They
continue to be accountable to them and their existence can only be
terminated or prolonged by the state authority. And being governed,
as they are, by corporate authority, emanating from, and amenable
to, state jurisdiction, and not under the control of the executive of
the United States, constitutes at once a greater security for the public
money, and more safety to the public liberty. It has been argued
that a seperation of the government from the banks will diminish the
executive power. It must be admitted that the custody of the pub-
lic money in various banks, subject to the control of state authority,
furnishes some check upon the possible abuses of the executive gor-
emment. But the argument maintains that the executive has leart
power when it has most complete poaiession of the poblic treasury !
686 tPfiECHES OF HS^iRT CLAY.
The Senator from South Carolina contends that the separation in q^
tion being once effected, the relation of the federal governtneBt and
the State Banks will be antagonisticul. 1 believe so, Mr. President.
This is the very thing I wish to prevent. I want them to live in peace,
harmony and friendship. If they are antagonists, how is it possible
that the State Banks can maintain their existence against the tiemen-
dous influence of the government ? Especially, if this goverament
should be backed by such a vast treasury bank as I verily believe
this bill is intended to create ? And what becomes of the argument
urged by the Senator from South Carolina, and the abolition reso-
lutions, offered by hi^pn at an early period of tbe session, asserting that
the general government is bound to protect the domestic institutioiw
of the several States ?
•
The substitute is not, I think, what the welfare of the country re-
quires. It may serve the purpose of a good half-way house. Its
accommodations appear fair, and, with the feelings of a wearied
traveler, one may be tempted to stop awhile and refresh himself
there. I shall vote for it as an amendment to the bill, because I be-
lieve it the least of two evils, if it should, indeed, inflict any evil ; or
rather, because 1 feel myself in the position of a patient to whom the
physician presents in one hand a cup of arsenic, and in the other a cup
of ptisan; I reject the first, because of the instant death with which
it is charged ; I take the latter as being, at the most, harmless, and
depend upon the vis medicatrix natura. It would have been a great
improvement, in my opinion, if the mode of bringing about the re-
sumption of specie payments, contained in the substitute, were re-
versed : that is to say, if, instead of fixing on the first of July, for
resumption, it had provided that the notes of a certain number of safe,
sound and unquestionable Banks to be selected, should be forthwith
received by the general government, in payment of all public dues ;
and that if the selected Banks did not resume, by a future designated
day, their notes should cease to be taken. Several immediate effects
would follow : 1st. The government would withdraw from the mar-
ket as a competitor with the banks for specie, and they would be left
undisturbed to strengthen themselves. And, 2dly, confidence would
be restored by taking off the discredit and discountenance thrown
upon all Banks by the government. And why should these notes
not be so received ? They are as good as treasury notes, if not bet-
ter. They answer all the purposes of the State governments and the
OR THB lUB-TRBABUftr. 387
pciople. They now would buy as much as specie could have com-
manded at the i>eriod of suspension. They could be disbursed by the
government. And finally, the measure would be temporary.
But the true and only efficacious and permanent remedy, I solemn-
ly believe, is to be found in a Bank of the United States, properly
organized and constituted. We are told that i^uch a bank is fraught
with indescribable danger, and that the government must, in the se-
quel, get possession of the bank, or the bank of the government. I
oppose to these iniaginary terrors the practical experience of foxty
years. I oppose to them the issue of the memorable contest, com-
menced by the late President of the United States, against the late
Bank of the United States. The administration of that bank had been
without serious fault. It had given no just offence to governnoent,
towards which it had faithfully performed every financial duty. Un-
der its able and enlightened President, it had fulfilled every anticipa-
tion which had been formed by those who created it ; Prebidcnt Jack-
son pronounced the edict that it must fall, and it did fall, agaiubt the
wishes of an immense majority of the people of the United States ;
against the convictions of its utility entertained by a large majority
of the States ; and to the prejudice of the best interests of the whole
country. If an innocent, unoffending and highly bencfisial institu-
tion could be thus easily destroyed by the power of one man, where
would be the difficulty of crushing it, if it liad given any real cause
lor just animadversion ? Finally, I oppose to these imaginary terrors
the example deducible from English history. There a bank has ex-
isted since the year 1694, and neither has the bank got possession of
the government, nor the government of the bank. They have existed
in harmony together, both conducing to the prosperity of that great
country ; and they have so existed, and so contributed, because each
has avoided cherishing towards the other that wanton and unneces-
sary spirit of hostility whicn was unfortunately engendered in the
late President of the United States.
lam admonished, pir, by my exhausted strength, and by, I fear,
your more exhausted patience, to hasten to a close. Mr. President,
8 great, novel, and untried measure is perseveringly urged upon the
acceptance of Congress. That it is pregnant with tremendous con*
sequences, for good or evil, is undeniable, and admitted by all. We
firmly believe that it will be fatal to Ibe best interests of this country,
388 IPBECHM OP HKNRT CLAY.
and ultimately stibyersiye of its liberties. You, who havB been
greatly disappointed in other measures of equal piromisey can onlj
hope, in the doubtful and uncertain future, that its operation may
prove salutary. Since it was first proposed at the extra session, the
whole people have not had an opportunity of passing in judgment
upon it at their elections. As far as they have, they have expressed
their unqualified disapprobation. From Maine to the State of Mis-
sissippi, its condemnation has been loudly thundered forth. In every
intervening election, the administration has been defeated, or its for-
mer majorities neutralized. Maine has spoken ; New York, Penn-
sylvania, Maryland, Ohio, Rhode Island, Mississippi and Michigan;
all these States, in tones and tenns not to be misunderstood, have
denounced the measure. The key-stone State (God bless her) has
twice proclaimed her rejection of it, once at the polls, and onoe
through her legislature. Friends and foes of the administration have
united in condemning it. And, at the very moment when I am ad-
dressing you, a large meeting of the late supporters of the adminis-
tration, headed by the distinguished gentleman who presided in the
electoral college which gave the vote of that patriotic State to Presi-
dent Van Buren, are assembling in Philadelphia, to protest solenmly
against the passage of this bill. Is it right that, under such circum-
stances, it should be forced upon a reluctant but free and intelligent
people .' Is it right that this Senate, constituted as it now is, should
give its sanction to the measure ? I say it in no disrespectful or
taunting sense, but we are entitled, according to the latest expres-
sions of the popular will, and in virtue of manifestations of opinion
deliberately expressed by State Legislatiires, to a vote of thirty-five
against the bill ; and I am ready to enter, with any Senator friendly
to the administration, into details to prove the assertion. Will the
Senate, then, bring upon itself the odium of passing this bill ? I im-
plore it to forbear, forbear, forbear ! I appeal to the instructed Sen-
ators. Is this government made for us, or for the people and the
States, whose agents we are ^ Are we not bound so to administer
it as to advance their welfare, promote their prosperity, and give gen-
eral satisfaction ? Will that sacred trust be fulfilled, if the known
sentiments of large and respectable conrmiunities are despised and con-
demned by those whom they have sent here ? I call upon the hon-
orable Senator firom Alabama, (Mr. King) with whom I hHveso long
stood in the public councils, shoulder to shoulder, bearing up the
honor and the glory of this great people, to come now to their rescue.
OV THE SUB^TREASURT.
389
I call upon all the Senators ; let us bary, deep and forever, the cha-
racter of the partisan, rise up patriots and statesmen, break the yile
chains of party, throw the fragments to the winds, and feel the proud
satisfoction that we have made but a small sacrifice to the paramount
obligations which we owe our common country.
[This bill a^ain failed, the Specie exaction having been fint struck out in the
Senate, (SI to 21) when Mr. Cauioun voted against it, but it peiBed uevertheleai,
by 25 to 17. On reaching the House, however, it was instantly met by Mr. Pattost,
of Virginia, with a motion that it do lie on the tahU, which prevailed ; Yeas 106 ;
Nays 98. It was likewise defeated at the next session) and only became a law oa
the fomth trial, July, 1840, after the illegal admianoa ojf the rab-lreaaiiiy ckiiniali
Irom New Jenwy to seats in the House.]
•z
OUTLINE OP A NATIONAL BANK.
In THE Senate or the United States, Mat 21, 1838.
[Mr. Ciar, OB pteaentiiig a petition asking CongresB to establish a Bank of tha
United States, spoke briefly as follows :]
I WISH to present a petition, confided to my care, signed by »
number of persons, praying for the establishment of a Bank of the
United States. It is similar to several other petitions which haye
been presented to the Senate or to the House, during the present ses-
sion, praying for the same object. They afford evidence of a deep
and returning conviction among the people of the utility of such an
institution.
While I am up, with the permission of the Senate, I beg leave to
submit a few observations upon this subject. There is reason to be-
lieve that much honest misconception, and some misrepresentaUon
prevail in regard to it, which I wish to correct. It has been supposed
that those who are desirous of seein^c a Bank of the United States
established, are anxious that a charter should be granted to an exist-
ing State institution, which has an eminent individual at its head, and
that this was the sole object of all their exertions. Now, I wish for
one to say, that I have no such purpose in view. I entertain for that
gentleman very high respect. I believe him uncommonly able, pro-
foundly skilled in finance, and truly patriotic. There is but one other
person connected with the banking institutions of the country, in
whose administration of a Bank of the United States I should have
equal confidence with Mr. Biddie, and that is Albert Gallatin, who, 1
am glad to learn, at an advanced age, retains in full vigor the &cqI*
ties of his extraordinary mind. There may be other citizens eqoafl^
competent with those two gentlemen, but I do not know theniiOr
am not acquainted with their particular qualifications.
Bat it is not for any existing State Bank, or any particular indi*
ooTun or a hatiohal bank. 391
•
▼idaal'at its head, that I am coDtending. I believe the establishmeDt
of a Bank of the United States is required by the common good of
the whole country ; and although 1 might be willing, if it were prae*
ticablc, to adopt an existing bank as the basis of such an institution,
under all circumstances, 1 think it most expedient that a new bank
with power to establish branches, be created and chartered under the
authority of Congress. My friends (as far as I know their opinions,)
and I, are not particularly attached to this or that individual, to this
or that existing bank, but to principles, to the thing itself, to the in-
stitution, to a well organized Bank of the United States, under the
salutary operation of which, the business of the country had so greatly
prospered, and we had every reason to hope, would again revive and
prosper. And, presuming upon the indulgence of the Senate, I wiQ
now take the liberty to suggest for public consideration, some of those
suitable conditions and restrictions under which it appears to me that
it would be desirable to establish a new bank.
1. The capital not to be extravagantly large, but at the same time,
amply sufficient to enable it to perform the needful financial duties for
the government; to supply a general currency of uniform value
throughout the Union, and to facilitate as nigh as practicable, the
equalization of domestic exchange. I suppose that about fifty mill-
ions would answer all those purposes. The stock might be divided
between the general government, the States according to their federal
population and individual subscribers. The portion assigned to tha
latter, to be distributed at auction, or by private subscription.
2. The corporation, in the spirit of a resolution, recently adopted
by the General Assembly of the State, one of whose Senators I have
the honor to be, to receive such an organization as to blend, in fiur
proportions, public and private control, and combining public and pri-
vate interests. And, in order to exclude the possibility of the oxer^
cise of all foreign influence, non-resident foreigners to be prohibited
not only from any share in the administration of the corporation, but
from holding, directly, or indirectly, any portion of its stock. M-
'though. I do not myself think this latter restriction necessary, I would
make it, in deference to honest prejudices, sincerely entertained, and
which no practical statesman ought entirely to disregard. The bank
would thus be, in its origin, and continue, through its whole exist-
^WDOy a genuine American imtitnlkm.
B92 ffPKECHBS OF HENRY CLAY.
3. Ad adequate portion of the capital to be set apart in productive
stocks, and placed in permanent security beyond the reach of the cor-
poration, (with the exception of the accruing profits on those stocks)
sufficient to pay promptly, in any contingency, the amount of til
such paper, under whatever form, that the bank shall put forth as a
part of the general circulation. The bill or note holders, in other
words, the mass of the community, ought to be protected against the
possibility of the failure or the suspension of a bank. The aupply pf
the circulating medium of a country, is that faculty of a bank, tlie
propriety of the exercise of which may be most controverted. The
dealing with a bank, of those who obtain discounts, or make deposites,
are voluntary and mutually advantageous, and they are comparatively
few in number. But the reception of what is issued and used as a
part of the circulating medium of the country, is scarcely a voluntary
act, and thousands take it who have no other concern whatever with
the bank. The many ought to be guarded and secured by the care
of the legislative authority ; the vigilance of the few will secure them
against loss. I 'think this provision is a desideratum in our American
banking, and the credit of first embodying it in a legislative act is due
to the Sutc of New York.
4. Perfect publicity as to the state of the bank at all times, inclu-
ding, besides the usual heads of information, the names of every debt-
or to the bank, whether as drawer, endorser, or surety, periodically
exhibited, and open to public inspection ; or if that should be found
inconvenient, the right to be secured to any citizen to ascertain at the
bank the nature and extent of the responsibility of any of its custom-
ers. There is no necessity to throw any veil of secrecy around the
ordinary transactions of a bank- Publicity will increase responsibili-
ty, repress favoritism, insure the negotiation of good paper, and whea
individual insolvency unfortunately occurs, will deprive the bank of
undue advantages now enjoyed by banks practically in the distribotioii
of the cfects of the insolvent.
5. A Ihnitation of the dividends so as not to authorize more than
— per cent to be struck. This will check undue expansion in the
circulating medium, and restrain improper extension of bu«neta ia
the administration of the bank.
6. A prospective reduction in the tate of interest so as to nsCriet
OUTLtlTB or A HATIONAL BAKK.
the bank to six per cent, simply, or if practicable, to only five per
cent. Banks now receive at the rate of near six and a half per cent.,
by demanding the interest in advance, and by charging for an addi-
tional day. The reduction may be effected by forbearing to exact
any bonus, or when the profits are likely to exceed the prescribed
limit of the dividends, by requiring that the rate of interest shall be
so lowered as that they shall not pass that limit.
7. A restriction upon the premium demanded upon post notes and
checks used for remittances, so that the maximum should not be mcMre
than say one and a half per cent, between any two of the remotest
points of the Union. Although it may not be practicable to regulate
foreign exchange, depending as it does upon commercial causes not
within the control of any one government, I think that it is otherwise
with regard to domestic exchange.
8. Every practicable provision against the exercise of improper
mfluence, on the part of the executive, upon the bank, and, on the
part of the bank, upon the elections of the country. The late Bank
of the United States has been, I believe, mosf unjustly charged with
interference in the popular elections. There is, among the public
documents evidences of its having scrupulously abstained from such
interference. It never did more than to exercise the natural right of
self-defence by publishing such reports, speeches, and documents, as
tended to place the institution and its administration in a fair point of
view before the public. But the people entertain a just jealousy
against the danger of any interference of a bank with the elections of
the country, and every precaution ought to be taken strictly to guard
against it.
This is a brief outline of such a new Bank of the Vnited States as
1 think, if established, would greatly conduce to the prosperity of the
country. Perhaps on full discussion and consideration, some of the
conditions which I have suggested might not be deemed expedient,
or might require modification, and important additional ones may be
proposed by others.
I will only say a word or two on the constitutional power. I think
that it ought no longer to be regarded as an open question. There
ought to be some bounds to human controversy • Stability is a neces-
904 tFBICHIf or HSITRT OLAT.
•arj want of society. Among those who deny the power, there aro
many who admit the bene6t4i of a Bank of the United States. Foot
times, and under the sway of all the political parties, have Congress
deliberately affirmed its existence. Every department of the govern*
ment has again and again asserted it. Forty years of acquiescence by
the people ; uniformity every where in the value of the currency ;
Deu^ility and economy in domestic exchanges, and unexampled proa-
perity in the general business of the country, with a Bank of the
United States ; and, without it, wild disorder in the currency, ruinous
irregularity in domestic exchange, and general prostration in the com*
merce and business of the nation, would seem to put the question at
rest, if it is not to be perpetually agitated. The power has been sus^
tained by Washington, the Father of his Country ; by Madison, the
Father of the Constitution ; and by Marshall, the Father of the Ju-
diciary. If precedents are not to be blindly followed, neither ought
they to be wantonly despised. They are the evidence of troth ; and
tho force of the evidence is in proportion to the integrity, wisdom,
and patriotism, of those who establish them, i tliink that on no occa*
sion could there be an array of greater or higher authority. For one^
I hope to be pardoned for yielding to it, in preference to submitting
my judgment to the opinion of those who now deny the power, hoir
ever respectable it may be.
[No action was at this time taken on these safgeetioni f
ON ABOLITION PETITIONS.
fur THE Senate of the United States, February 7, 1839
(From the relations of the Federal Government and of the People of the Free
^atee to Slavery, 8i>rinf the most perplexing and df^licate r^uestioni) which have ariaen
under our complex PoUiical System— questions exciting acrimony, irritation and
alarm in the Southern States, and requiring of the North conventional action in re-
gard to the Right of those held in bondage, adverse to the fundamental principles of
Free Government, on which the Institutions of the Free States are based. The pro-
per di^poe^ition of the Petitions poured in u)K>n Congresn asking action adverse to
the existence of Slavery, is one of the related topics which has at times arrested the
action of Congress and threatened the existence of the Union. Mr. Clat, having
received one of these Petitions, with a request that he present it to the body of
which he was a Member sooke as follows :]
I HAVE received, Mr. President, a petition to the Senate and House
of Representatives of the United States, which I wish to present to
the Senate. It is signed by several hundred inhabitants of the Dis-
trict of Cohimbia, and chiefly of the city of Washington. Among
them I recognize the name of the highly esteemed Mayor of the city,
and other respectable names, some o$ which are personally and well
known to me. They express their regret, that the subject of the
abolition of slavery within the District of Columbia, continues to be
pressed upon the consideration of Congress by inconsiderate and mis*
guided individuals in other parts of the United States. They state
that they do not desire the abolition of slavery within the district,
even if Congress possesses the very questionable power of abolishing
it, without the consent of the people whose interests would be im-
mediately and directly affected by the measure ; that it is a question
solely between the people of the District and their only constitutional
legislature, purely municipal, and one in in which no exterior influ-
ence or interest can justly interfere ; that, if at any future period the
people of this District should desire the abolition of slavery within it,
they will doubtless make their wishes known, when it will be time
enough to take the matter into consideration ; that they do not, on
this occasion, present themselves to Congress because they are slave-
396 tPKBCBXS OF HBaiRT CLAT.
holders — ^many of them are not ; some of them are conscientioiuly
opposed to slavery — but they appear because they justly respect the
rights of those who own that description of property, and because
they entertain a deep conviction that the continued agitation of the
question by those who have no right to interfere with it, has an in-
jurious influence on the peace and tranquility of the community, and
upon the well-being and happiness of those who are held in subjec-
tion ; they finally protest as well against the unauthorized investiga-
tion of which they complain, as against any legislation on the part of
Congress in compliance therewith. But, as I wish these respectable
petitioners to be themselves heard, I request that their petition may
be read.
lit WB8 read accordingly, and Mr. Clay proceeded.]
I am informed by the Committee which requested me to ofier this
petition, and believe, that it expresses the almost unanimous senti*
ments of the people of the District of Columbia.
The performance of this service affords me a legitimate oppor-
tunity, of which, with the permission of the Senate, I mean now to
avail myself, to say something, not only on the particular objects of
the petition, but upon the great and interesting subject with which it
is intimately associated.
It is well known to the Senate, that I have thought that the most
judicious course with abolition petitions has not been of late pursued
by Congress. I have believed that it would have been wisest to
have received and referred them, without opposition, and to have
reported against their object in a calm and dispassionate and argu-
mentative appeal to the good sense of the whole community. It
has been supposed, however by a majority of Congress, that it was
most expedient either not to receive the petitions at all, or, if formally
received, not to act definitively upon them. There is no substantial
difference between these opposite opinions, since both look to an ab-
solute rejection of the prayer of the petitioners. But there is a great
difference in the form of proceeding ; and, Mr. President, some ex-
perience in the conduct of human affairs has taught me to believe
that a neglect to observe established forms is often attended with
more mischievous consequences than the infliction of a positive injury.
OH ABOUTIOW PETITlONt. 897
We all know that, even in private life, a violation of the existing
usages and ceremonies of society cannot take place without serioas
prejudice. I fear, sir, that the abolitionists have acquired a consider-
able apparent force by blending with the object which they have In
view a collateral and totally different question arising out of an al-
ledged violation of the right of petition. I know full well, and take
great pleasure in testifying, that nothing was remoter from the inten-
tion of the majority of the Senate, from which I differed, than to
violate the right of petition in any case in which, according to its
judgment, that right could be constitutionally exercised, or where
the object of the petition could be safely or properly granted. Still,
it must be owned that the abolitionists have seized hold of the fact of
the treatment which their peti|ions have received in Congress, and
made injurious impressions upon the minds of a large portion of the
community. This, I think, might have been avoided by the course
which I should have been glad to have seen pursued.
And I desire now, Mr. President, to advert to some of those topics
which I think might have been usefully embodied in a report by a
Committee of the Senate, and which, I am persuaded would have
checked the progress, if it had not altogether arrested the efforts of
abolition. I am sensible, sir, that this work would have been ac
complished with much greater ability and with much happier effect,
under the auspices of a committee, that it can be by me. But, anx-
ious as I always am to contribute whatever is in my power to the
harmony, concord, and happiness of this great people, I feel myself
irresistably impelled to do whatever is in my power, incompetent as I
feel myself to be, to dissuade the public from continuing to agitate a
subject fraught with the most dreadful consequences^
There are three classes of persons opposed, or apparently opposed,
to the continued existence of slavery in the United States. The first
are those who, from sentiments of philanthropy and humanity, are
conscienciously opposed to the existence of slavery, but who are no
less opposed, at the same time, to any disturbance of the peace and
tranquillity of the Union, or the infringement of the powers of the
States composing the confederacy. In this class may be comprehend-
ed that peaceful and exemplary society of " Friends," one of whose
established maxims is, an abhorrepce of war in all its forms, and the
cultivation of peace and good-will amoDg mankind. The next claM
898 IPKECHES OF HXITRT CULT.
coDsuitfl of appareDt abolitionists — that is, those who, having been
persuaded that the right of petition has been violated by Congre8i|
co-operate with the abolitionists for the sole purpose of asserting and
vindicating that right. And the third class are the real ultra-aboli-
tionistSy who are resolved to persevere in the pursuit of their object
at all hazards, and without regard to any consequences, however
calamitous they may be. With them the right of property is noth-
ing J the deficiency of the powers of the general government is noth-
ing ; the acknowledged and incontestible powers of the States are
nothing ; a civil war, a dissolution of the Union, and the overthrow
of a government in which are concentrated the fondest hopes of the
civilized world, are nothing. A single idea has taken possession o£
their minds, and onward they pursue it, overlooking all barriers, and
regardless of all consequences. With this class, the immediate aboli-
tion of slavery in the District of Columbia, and in the territory of
Florida, the prohibition of the removal of slaves from State to State,
and the refusal to admit any new State, comprising within its limits
the institution of domestic slavery, are but so many means conducing
to the accomplishment of the ultimate but perilous end at which they
avowedly and boldly aim .; are but so many short stages in the long
and bloody road to the distant goal at which they would finally ar-
rive. Their purpose is abolition, universal abolition, peaceably if
they can, forcibly if they must. Their object is no longer concealed
by»the thinnest veil ; it is avowed and proclaimed. Utterly destitute
of constitutional or other rightful power, living in totally distinct
communities, as alien to the communities in which the subject on
which they would operate resides, so far as concerns political power
over that subject, as if they lived in Africa or Asia, they nevertheless
promulgate to the world their purpose to be to manumit forthwith,
and without compensation, and without moral preparation, three mill-
ions of negro slaves, under jurisdictions altogether separated from
those under which they live. I have said that immediate abolition
of slavery in the District of Columbia and the territory of Floridai
and the exclusion of new States, were only means towards the at
tainment of a much more important end. Unfortunately, they are
not the only means. Another, and much more lamentable one is that
which this class is endeavoring to employ, of arraying one portion
against another portion of the Union. With that view, in all their
leading prints and publications, the alledged horrors of slavery are
depicted in the most glowing and exaggeiated colorS| to excite the
OH ABOUTION PETITION!. 3M
tnuiginations and stimulate the rage of the people in the free States
sgainst the people in the slave States. The slave-holder is held up
and represented as the most atrocious of human beings. Advertise-
ments of fugitive slaves and of slaves to t)e sold, are carefully collect-
ed and blazoned forth, to infuse a spirit of detestation and hatred
against one entire and the largest section of the Union. And like a
notorious agitator upon another theatre, tbey would hunt down and
proscribe from the pale of civilized society the inhabitants of that en«
tire section. Allow me, Mr. President, to say, that while I recognize
in the justly wounded feelings of the minister of the United States at
the Court of St. James, much to excuse the notice which he was pro-
voked to take of that agitator, in my humble opinion, he would have
better consulted the dignity of his station and of his country in treat-
ing it with contemptuous silence. He would exclude us from Euro*
pean society — he who himself can only obtain a contraband admission^
and is received with scornful repugnance into it ! If he be no more
desirous of our society than we are of his, he may rest assured tha^
a state of eternal non-intercourse will exist between us. Yes, sir, a
think the American minister would have best pursued the dictates of
true dignity by regarding the language of the member of the British
House of Commons as the malignant ravings of the plunderer of hia
own country, and the libeller of a foreign and kindred people.
But the means to which I have already adverted, are not the only
(Mies which this third class of ultra-abolitionists are employing to
efl^t their ultimate end. They began their operations by professing
to employ only persuasive means in appealing to the humanity, and
enlightening the understandings of the slave^holding portion of the
Union. If there were some kindness in this avowed motive, it nuist
be acknowledged that there was rather a presumptuous display also
of an assumed superiority in intelligence and knowledge. For some
time they continued to make these appeals to our duty and our inter-
est ; but impatient with the slow influence of their logic upon our
minds, they recently resolved to change their system of action. To
the agency of their powers of persuasion, they now propose to substi-
tute the poweis of the ballot box ; and he must be blind to what is
passing t)efore us, who does not perceive that the inevitable tendency
of their preceedings is, if these should be found insufficient, to invokei
finally, the more potent powers of the bayonet.
400 8PBBGHB8 OF HIHBT CLAT.
Mr. President, it is at this alarmiDg stage of the proceediogi of the
ultra-abolitionists that I would seriously invite every considerate Dua
in the country solemnly to pause, and deliberately to reflect, not
merely on our existing posture, but upon that dreadful precipice down
which they would hurry us. It is because these ultra-abolitionists
have ceased to employ the instruments of reason and persuasion, have
made their cause political, and have appealed to the ballot box, that
I am induced, upon this occasion, to address you.
There have been three epochs in the history of our countiy at
which the spirit of abolition displayed itself. The first was immedi-
ately after the formation of the present federal government. When
the constitution was about going into operation, its powers were not
well understood by the community at large, and remained to be ac-
curately interpreted and defined. At that period numerous abolition
societies were formed, comprising not merely the society of Friends,
but many other good men. Petitions were presented to Congress,
praying for the abolition of slavery. They were received without
serious opposition, referred, and reported upon by aconunittee. The
report stated that the general government had no power to abolish
slavery as it existed in the several States, and that these States them*
selves had exclusive jurisdiction over the subject. The report was
generally acquiesced in, and satisfaction and tranquillity ensued ; the
abolition societies thereafter limiting their exertions, in respect to the
black population, to offices of humanity within the scope of existing
laws.
The next period when the subject of slavery, and abolition inci*
dentally, were brought into notice and discussion, was that on the
memorable occasion of the admission of the State of Missouri into the
Union. The struggle was long, strenuous, and fearful. It is too re-
cent to make it necessary to do more than merely advert to it, and to
say, that it was finally composed by one of those compromises charac-
teristic of our institutions, and of which the constitution itself is the
most sifi;nal instance.
The third is, that in which we now find ourselves. Various causesi
l^Ir. President, have contributed to produce the existing excitement
on the subject of abolition. The principal one, perhaps, is the exam*
pie of British emancipation of the slaves in the islands adjacent t«
am AWurKw PBTmcnm. 401
our coQDtiy. Such is the similarity in laws, id hmgiiage, in institi^-
tions, and in common origin, between Great Britain and the United
States, that no great measure of national policy can be adopted in the
one country without producing a considerable degree of influence in
the other. Confounding the totally different cases together, of the
powers of the British parliament and those of the Congress of the
United States, and the totally different situations of the Kitish Wes
India Islands, and the the slaves in the sovereign and independent
fStates of this confederacy, superficial men have inferred from the
undecided British experiment, the practicability of the abolition of
slavery in these States. The powers of the' British parliament are
unlimited, and are oflcn described to be omnipotent. The powers of
the American Congress, on the contraiy, are few, cautiously limited,
scrupulously excluding all that are not granted, and above all, care*
fully and absolutely excluding all power over the existence and con*
tinuance of slavery in the several States. The slaves, too, upon
which British legislation operated, were not in the bosom of the king-
dom, but in remote and feeble colonies having no voice in parliament.
The West India slaveholder was neither represented nor representa-
tive in that parliament. And while I most fervently wish complefo
success to the British experiment of West India emancipation, I con-
fiess that I have fearful forebodings of a disastrous termination of it.
Whatever it may be, I think it must be admitted that, if the British
parliament had treated the West India slaves as freemen, it also treat-
ed the West India freemen as slaves. If, instead of these slaves being
separated by a wide ocean from the parent country, three or four
millions of African negro slaves had been dispersed over England,
Scotland, Wales, and Ireland, and their owners had been members of
the British parliament— « caae which would have presented some
analogy to that of our country — does any one believe that it would
have been expedient or practicable to have emancipated them, leav-
mg them to remain, with all their embittered feelings, in the United
kingdom, boundless as the powers of the British parliament are ?
Other causes have conspired with dife British example to produce
the existing excitement from abolition. I say it with profound regret,
but with no intention to occasion irritation here or elsewhere, that
there are persons in both parts of the Union who have sought to
mingle abolition with politics, and to array one porticm of the Union
against the other* Itis theaiisfiifftiuieinfiDBeooiinlriesthal|inhi|^
409 KBCBSf or animT clat.
party times, a disposition too often prevails to seise hold of eveiy
thing which can strengthen the one side or weaken « the other.
Charges of fostering abolition designs have been heedlessly and un-
justly made by one party against the other. Prior to the late electioD
of the President of the United, he was charged with being an aboli-
tionist, and abolition designs were imputed to many of his supporten.
Much as I was opposed to his election, and am to his administratioD,
I neither shared in making nor believing the truth of the charge. He
was scarcely installed in office before the same charge was directed
against those who opposed his election.
Mr. President, it is not true, and I rejoice that it is not true, that
either of the two great parties in this country has any designs or aim
at abolition. I should deeply lament if it were true. I should con-
sider, if it were true, that the danger to the stability of our syvtem
would be infinitely greater than any which does, I hope, actually
exist. While neither party can be, I think, justly accused* of aiy
abolition tendency or purpose, both have profited, and both have been
injured in particular localities, by the accession or abstraction of abo-
lition support. If the account were fairly stated, I believe the party
to which I am opposed has profited much more, and been injured
much less, than that to which 1 belong. But I am far, for that reason,
firom being disposed to accuse our adversaries of being abolitionists.
And now, Mr. President, allow me to consider the several cases in
which the authority of Congress is invoked by these abolition peti-
tioners upon the subject of domestic slavery. The first relates to it
as it exists in the District of Columbia. The following b the provi-
sion of the constitution of the United States in reference to that
matter :
*' To exercise exclnsiTe legislation in all cases whatsoever over such district l»et
exceeding ten miles square^ as may by ceBeiion of particular Statee>, and the accept-
ance of Congress, become tne seat of government of the United States.*'
This provision preceded, in point of time, the actual cessions which
were made by the States of Maryland and Virginia. The object of
the cession was, to establish a seat ofgovemmefU of Ike United Stalm;
and the grant in the constitution of exclusive legislation muat be m-
derstood, and should be always interpreted, as having relation to th^
Qiqeot of the ceHnon. It was with a hill knowledge of thia etapa id
OH ABOUTfOlf PSTITIOm. 418
the oonttitatioD that those two States ceded to the general goyern-
nent the ten miles square, constituting the district of Columbia. In
making the cession, they supposed that it was to be applied, and ap-
plied solely, to the purposes of a seat of government, for which it
was asked. When it was made, slavery existed in both those com-
monwealths, and in the ceded territory, as it now continues to exist
in all of them. Neither Maryland nor Virginia could have anticipa-
ted that, while the institution remained within their respective limits,
its abolition would be attempted by Congress without their consent.
Neither of them would probably have made an unconditional cession,
if they could have anticipated such a result.
From the nature of the provision in the constitution, and the avow-
ed object of the acquisition of the territory, two duties arise on the
part of Congress. The first is, to render the district available, com-
fortable, and convenient, as a seat of government of the whole Union ;
the other is to govern the people within the district so as best to pro-
mote their happiness and prosperity. These objects are totally dis-
'tinct in their nature, and in interpreting and exercising the grant of
the power of exclusive legislation, that distinction should be con-
stantly borne ito mind. Is it necessary, in order to render this place
a comfortable seat of the general government, to abolish slavery with-
in its limits ? No one can or will advance such a proposition. The
government has remained here near forty years without the slightest
inconvenience from the presence of domestic slavery. Is it necessary
to the well-being of the people of the Di.^itrict that slavery should be
abolished from among them ? They not only neither ask nor desire,
bat are almost unanimously opposed to it. It exists here in the
inildest.and most mitigated form. In a population .of 39,834, there
vere, at the last enumeration of the population of the United States,
bat 6,119 slaves. The number has not probably much increased
nnce. They are dispersed over the ten miles square, engaged in the
quiet pursuits of husbandry, or in menial offices in domestic life. IC
it were necessary to the efficiency of this place, as ^seat of the gen-
eral government, to abolish slavery, which ^s utterly denied, the abo-
lition should be confined to the necessity which prompts it, that is, to
the limits of the City of Washington itself. Beyond those limits, pcr-
•oos concerned in the government df the United States, have no moie
to do with the Inhabitants of the District than they have with t^e
WifbitmiitB of the aiy^ieeBtooiutiei of Maryland «nd Virginia whkSi
^b^TMid tho DiftfioC*
404 8PIICHI8 OF HKVmT CLAT.
To aboliih slavery within the District of Colambia, while it remaiw
in Virginia, and Maryland, situated, as that District is, withiD the
very heart of those States, wonld expose them to great practical in-
convenience and annoyance. The District would become a place of
refuge and escape for fugitive slaves from the two States, and a place
from which the spirit of discontent, insubordination, and insurrection
might be fostered and encouraged in the two States. Suppose, as
was at one time under consideration, Pennsylvania had granted ten
miles square within its limits, for the purpose of a seat of the genenl
government ; could Congress without a violation of good faith, have
introduced and established slavery within the bosom of that commoo-
wealth, in the ceded territory, after she had abolished it so long ago
as the year 1780 ? Yet the inconvenience to Pennsylvania in the '
case supposed, would have been much less than that to Virginia and
Maryland in the case we are arguing
It was upon this view of the subject that the Senate, at its last
session, solemnly declared that it would be a violation of implied
faith, resulting from the transaction of the cession, to abolish slavery
within the District of Columbia. And would it not be ? By implied
&ith is meant, that, when a grant is made for one avowed and de-
clared purpose, known to the parties, the grant should not be pervert-
ed to another purpose, unavowed and undeclared, and iojurious to
the grantor. The grant, in the case we are considering, of the terri-
tory of Columbia, was for a secU of government. Whatever power is
necessary to accomplish that object, is carried along by the grant.
But the abolition of slavery is not necessary to the enjoyment of tUs
site as a seat of the general government. The grant in the constita
tion, of exclusive power of legislation over the District, was made to
ensure the exercise of an exclusive authority of the general govern-
ment to render this place a safe and secure seat of government, and
to promote the well being of the inhabitants of the Dintrict The
power granted ought to be interpreted and exercised solely to the end
for which it was granted. The language of the grant was neceaari^
broad, comprehensive, and exclusive, because all the exigencies whidi
might arise to render this a secure seat of the general government,
could not have been foreseen and provided for. The language nuj
possibly be sufficiently comprehensive to include a power of abolition,
l^t it would not at all thence follow that the power could be right-
folly exercised. Thrr ft¥f mirjtm nwrtmHrd ttr that trf a plnnippUn
Oir ABOLmOlf PBTITIOlfS. 405
tlary iDvested with a plenary power, but who, at the same time hat
pofiilive instructions from his government as to the kind of treaty
which he is to negotiate and conclude. If he violates those instruc-
tions, and concludes a different tre«ty, this government is not bound
by it. And, if the foreign government is aware of the violation, it
acts in bad faith. Or it may be illustrated by an example drawn from
private life. I am an endorser for my friend on a note discounted in
bank. He applies to me to endorse another to renew it, which I do
in blank. ?Now this gives him power to make any other use of my
note which he pleases. But, if instead of applying it to the intended
purpos^', he goes to a broker and sells it, thereby doubling my respon-
sibility for him, he commits a breach of trust, and a violation of th»
good faith implied in the whole transaction.
But, Mr. President, if this reasoning were an erroneous one as I
believe it to be correct and conclusive, is the affair of the liberation
of six thousand negro slaves in this District, disconnected with the
three millions of slaves in the United States, of sufficient magnitude
to agitate, distract and embitter this great confederacy ?
The next case in which the petitioners ask the exercise of the
power of Congress, relates to slavery in the Territory of Florida.
Florida is the extreme southern portion of the United States. It
is bounded on all its land sides by slave states, and is several hun-
dred miles from the nearest free state. It almost extends within the
tropics, and the nearest important island to it on the water side is
Cuba, a slave island. This simple statement of its geographical po-
sition should of itself decide the question. When, by the treaty of
1819 with S()ain, it was ceded to the United States, slavery existed
within it. By the terms of that treaty, the effects and property of
the inhabitants are secured to them, and they are allowed to remove
and take them away, if they think proper to do so, without limitation
as to lime. If it were expedient, therefore, to abolish slavery in it,
it could not be done consistently with the treaty, without granting to
the ancient inhabitants a reasonable time to remove their slaves.
But further : By the compromise which' took place on the passage of,
the act for the admission of Missouri into the Union, in the year
1820, it was agreed and understood that the line of 36 deg. 30 min.
of north latitude should mark the boundary between the free $\mM
•AA
406 8PBSCHS8 or BBNRT CLAT.
and the slave states to be created in the territories of the United
States ceded by the treaty of Louisiana; those situated aouth of
it being slave states, and those north of it, free states. But Florida
18 south of that line, and consequently, according to the ^spirit of
the understanding which prevailed at the period alluded to, should
be a slave state. It may be true that the compromise does not la
terms embrace Florida, and that it is not absolutely binding and obliga-
tory ; but all candid and impartial men must agree that it ought not
to be disregarded without the most weighty consideratic^, and that
nothing could be more to be deprecated than to open anew the bleed-
ing wounds which were happily bound up and healed ny that com-
promise. Florida is the only remaining territory to be admitted into
the Union with the institution of domestic slavery, while Wisconsin
and Iowa are now nearly ripe for admission without it.
The next instance in which the exercise of the power of Congress
is solicited, is that of prohibiting what is denominated by the peti-
tioners the slave trade between the states, or, as it is described in
abolition petitions, the trafic in human beings between the States.
This exercise of the power of Congress is claimed under that clause
of the constitution which invests it with authority to regulate com-
merce with foreign nations, and among the several states, and with the
Indian tribes. The power to regulate commerce among the several
States, like other powers in the constitution, has hitherto remained
dormant in respect to the interior trade by land between these states.
It was a power granted like all the other powers of the general gov-
ernment, to secure peace and harmony among the states. Hitherto
it has not been necessary to exercise it. All the cases in which,
during the progress of time it may become expedient to exert the
general authority to regulate commerce between the states, cannot be
conceived. We may easily imagine, however, contingencies which,
if they were to happen, might require the interposition of the com-
mon authority. If, for example, the State of Ohio were, by law, to
prohibit any vessel entering the port of Cincinnati, from the port of
Louisville, in Kentucky, if that case be not already provided for by
the laws which regulate our coasting trade, it would be competent to
the general government to annul the prohibition emanating from state
authority. Or, if the State of Kentucky were to prohibit the intro-
duction, within its limits, of any articles of trade, the productioD of
the industry of the inhabitants of the State of Ohio, the general gov-
OK ABOUTION PETITIONS. 407
«nuiieiit miglit by its authority, supersede the state enactment But
I deny that the general government has any authority whatever, from
the constitution, to abolish what is called the slave trade, or, in other
words to prohibit the removal of slaves from one slave state to ano-
ther slave state.
The grant in the constitution is of a power of regulation, and not
prohibition. It is conservative, not destructive. Regulation ez m
ienmni implies the continued existence or prosecution of the thing
regulated. Prohibition implies total discontinuance or annihilation.
The regulation intended was designed to facilitate and accommodate,
not to obstruct and incommode the commerce to be regulated. Can
it be pretended that, under this power to regulate commerce among
the States, Congress has the power to prohibit the transportation of
live stock which, in countless numbers, are dai^y passing from the
western and interior States to the southern, southwestern, and Atlan-
tic States ? The moment the incontestible fact is admitted that ne-
gro slaves are property, the law of moveable property irresistibly
attaches itself to them, and secures the right of carrying them from
one to another State, where they are recognized as property, without
any hindrance whatever from Congress.
But, Mr. President, I will not detain the Seni^ longer on the
subjects of slavery within the District and in Florida, and of the riglil
of Congress to prohibit the removal of slaves from one State to ano-
ther. These, as I have already Intimated, with ultra abolitionists,
are but so many masked batteries, concealing the real and ultimate
point of attack. That point of attack is the institution of c/omestic
slavery as it exists in these States. It is to liberate three millions of
slaves held in bondage within them. And now allow me. Sir, to
glance at the insurmountable obstacles which lie in the way of the
aecomplishment of this end, and at some of the conse<]uences which
would ensue if it were possible to attain it.
The first impediment is the utter and absolute want of all power on
the part of the general government to ftfkct the purpose. The con-
stitution of the United States civ;<i«m m limited government, compri-
sing comparatively few powers, and leaving the residuary mass of
political power in the possession of the several States. It is we&
known that the subject of slaveiy interposed one of the greatest diffi-
406 8PBSCHE8 OP HKlfRT CLAT.
ealties id the fonnation of the constitation. It was happily conpn^
mised and adjusted in a spirit of harmony and patriotism. According
to that compromise, no power whatever was granted to the general
government in respect to domestic slavery, but that which relatei to
taxation and representation, and the power to restore fugitive slavca
to their lawful owners. All other power in regard to the institution
of slavery, was retained exclusively by the States, to be exfsrciied by
them severally, according to their respective views of their own pe
Cttliar interest. The constitution of the United States never could
have been formed upon the principle of investing the general govern-
ment with authority to abolish the institution at its pleasure. It
never can be continued for a single day if the exercise of such a pow
er be assumed or usurped.
But it may bo contended by these ultra abolitionists that their qIk
]ect is not to stimulate the action of the general government, bat to
operate upon the States themselves in which the institution of domes-
tic slavery exists. If that be their object, why are these abolition
societies and movements all confmed to the free States ? Why ars
the slave States wantonly and cruelly assailed ? Why do the aboli-
tion presses teem with publications tending to excite hatsed and ani-
mosity on the part of the inhabitants of the free States against those
of the slave States ^ Why is Congress petitioned ? The firee States
have no more power or r^ht to interfere with institutions in the slave
States, confided to the exclusive jurisdiction of those States, than
they would have to interfere with institutions existing in any foreign
country. What would be thous^ht of the formation of societies in
Great Britain, the issue of numerous inflammatory publications, and
the sending out of lecturers throughout the kingdom, denouncing and
aiming nt the destruction of any of the institutions of Fiance } W*ould
they he ret];ardod as proceedings warranted by good neighborhood ?
Or what would be thought of the formation of societies in the slave
States, the i.^suing of violent and inflammatory tracts, and the depu-
tation of mi.ssionaries, pouring out impassioned denunciations against
institutions under the exclusive control of the free States ? Is their
pariK>se to appeal to our understandings, and to actuate our human-
ity ? And do they expect to accomplish that purpose by boldii^^ us
up to the scorn, and contempt, and detestation of the the peopV^of (he
free Slates, and the whole civilized world ? The slavery which ex-
ists among us, is our affair not theirs ; and they have no more jost
oil ABOunoir piriTiom. 408
concern with it than they have with slavery as it exists throughout
the world. Why not leave it to us, as the common constitution of
our country has left it, to be dealt with, under the guidance of Provi-
dence, as best we may or can ?
The next obstacle in the way of abolition arises out of the fact of
the presence in the slave States of three millions of slaves. They are
there^ dispersed throughout the land, part and parcel of our popula-
tion. They were brought into the country originally under the au-
thority of the parent government whilst we were colonies, and their
importation was continued in spite of all the remonstrances of our
ancestors. If the question were an original question, whether, there
being no slaves within the country, we should introduce them, and
incorparate them into our society, that would be a totally different
question. Few, if any of the citizens of the United States would be
found to favor their introduction. No man in it would oppose, npon
that supposition, their admission with more determined resolution
and conscientious repugnance than I should. But that is not thA
question. The slaves are here ; no practical scheme for their removal
or separation from us has been yet devised or proposed ; and the true
inquiry is, what is best to be done with them. In human affairs we
are often constrained, by the force of circumstances and the actual
state of things, to do what we would not do if that state of things did
not exist. The slaves are here, and here must remain, in some con-
dition ; and, 1 repeat, how are they to be best governed ? What is
best to be done for their happiness and our own ? In the slave
States the alternative is, that the white man must govern the black,
or the black govern the white. In several of those States, the num-
ber of the slaves is greater than that of the white population. Ad
immediate abolition of slavery in them, as these ultra abolitionists
propose, would be followed by a desperate struggle for immediate as-
cendancy of the block race over the white race, or rather it would be
followed by instantaneous collisions between the two races, which
would break out into a civil war that would end in the extermination
or subjugation of the one race or the other. In such an alternative,
who can hesitate ? Is it not better for both parties, that the existing
state of things should be preserved, instead of exposing them to the
horrible strifes and contests which would inevitably attend an imoie-
diate abolition ? This is our true gronml of defence for the continued
existence of slavery in our country. It is that which our revoiotion-
410 tPKXCHXB or HKITRT CLAT.
aiy ancestors assumed. It is that which, in my opinion, fonns
justification in the eyes of all Christendom.
A third impediment to immediate abolition is to be found in the
immense amount of capital which is invested in slave property. The
total number of slaves in the United States, according to the last
enumeration of the population, was a little upwards of two miUioiis.
Assuming their increase at a ratio, which it probably is, of five per
cent, per annum, their present number would be three millions. The
average value of slaves at this time is stated by persons well informed
to be as high as five hundred dollars each. To be certainly within
the mark, let us suppose that it is only four hundred dollars. The
total value, then, by that estimate, of the slave property in the United
States, is twelve hundred millions of dollars. This [property is diifiiaed
throughout all classes and conditions of society. It is owned by
widows and orphans, by the aged and infirm, as well as the sound and
vigorous. It is the subject of mortgages, deeds of trust, and.iamily
settlements. It has been made the basis of numerous debts contracted
upou its fiuth, and is the sole reliance, in many instances, of creditors
within and without the slave States, for the payment of debts due to
them. And now it is rashly proposed, by a single fiat of legislation,
to annihilate this immense amount of property ! To annihilate it
without indemnity and without compensation to its owners ! Does
any considerate man believe it to be possible to etkct such an object
without convulsion, revolution, and bloodshed ?
•
I know that there is a visionary dogma, which holds that negro
slaves cannot be the subject of property. I shall not dwell long on
this speculative abstraction. That is property which the law de-
clares to be property. Two hundred years of legislation have sanc-
tioned and sanctified negro slaves as property. Under all the forms
of government which have existed upon this continent during that
long space of time — under the British government — under the colo-
nial government — ^under all the State constitutions and governments
— and under the federal government itself — ^they have been deliber-
ately and solemnly recognized as the legitimate subjects of property.
To the wild speculations oC theorists and innovators stands opposed
the hctj that in an uninterrupted period of two hundred years' dura-
tion, under every form of human legislation, and by all the depart-
ments of human government, African negro slaves have been held
OK ABOLITION PETITIONS. 411
and respected, have descended and been transferred, as lawful and
indisputable property. Tbey were treated as property in tbe very
British example which is so triumj^antly appealed to as worthy of
our imitation. Although the West India planters bad no voice in the
united parliament of the British Isle, an irresistible sense of justice
extorted from that legislature the grant of twenty millions of pounds
sterling to compensate the colonists for their loss of property.
If, therefore, these ultra-abolitionists are seriously determined to
pursue their immediate scheme of abolition, they should at once set
about raising a fund of twelve hundred millions of dollars, to indem-
nify the owners of slave property. And the taxes to raise that enor-
mous amount can only be justly assessed upon themselves or upon the
free States, if they can persuade them to assent to such an assess-
ment ; for it would be a mockery of all justice and an outrage against
all equity to levy any portion of the tax upon the slave States to pay
for their own unquestioned property.
If the considerations to which I have already adverted are not suf-
ficient to dissuade the abolitionists from further perseverance in their
designs, the interest of the very cause which they piofess to espouse
ought to check their career. Instead of advancing, by their efforts,
that cause, they have thrown back for half a century the prospect of
any species of emancipation of the African race, gradual or immediate,
in any of the States. They have done more ; they have increased the
rigors of legislation against slaves in most, if not all, of the slave
States. Forty years ago the question was agitated in the State of
Kentucky of a gradual emancipation of the slaves within its limits.
By gradual emancipation, I mean that slow but safe and cautious
liberation of slaves which was first adopted in Pennsylvania at the
instance of Dr. Franklin, in the year 1780, and according to which,
the generation in being were to remain in slavery, but all their off-
spring born after a specified day were to be free at the age of twenty-
eight, and, in the meantime, were to receive preparatory instruction
to qualify them for the enjoyment of freedom. That was the species
of emancipation which, at the epoch to which I allude, was discussed
in Kentucky. No one was rash enough to propose or think of imme-
diate abolition. No one was rash enough to think of throwing loose
upon the community, ignorant nod unprepared, the untutored slaves
of the State. Many thought, and I among them, that as each of the
413 iFHOHES OF HBITRT CLAT.
tUre States had a right exclusively to judge for itself in respect to
the institution of domestic slavery, the proportion of slaves compared
with the white population in that State, at that time, was so incoo-
ttderable that a system of gradual emancipation might have been
safely adopted without any hazard to the security and interests of tlie
oommonwealth. And I still think that the question of such emanci-
pation in the fanning States is one whose solution depends upon the
relative numbers of the two races in any given State. If I had been
a citizen of the State of Pennsylvania, when Franklin's plan was
adopted, 1 should have voted for it, because by no possibility could
the black race ever acquire the ascendancy in that State. But if I
had been then, or were now, a citizen of any of the planting States —
the southern or southwestern States — I should have opposed, and
would continue to oppose, any scheme whatever of emancipation,
gradual or immediate, because of the danger of an ultimate ascendancy
of the black race, or of a civil contest which might terminate in the
extinction of one race or the other.
The proposition in Kentucky for a gradual emancipation did not
prevail, but it was sustained by a large and respectable minority.
That minority had increased and was increasing, until 'the abolition-
ists commenced their operations. The effect has been to dissipate all
prospects whatever for the present, of any scheme of gradual or other
emancipation. The people of that Stale have been shocked and
alarmed by these abolition movements, and the number who would
now favor a system even of gradual emancipation, is probably less
than it was in the years 1798-^9. At the session of the legislature
held in lS37-'8, the question of calling a Convention was submitted
to the consideration of the people by a law passed in conformity with
the constitution of the State. Many motives existed for the passage
of the law, and among them that of emancipation had its influence.
When the question was passed upon by the people at their last annu-
al election, only about one-fourth of the whole voters of the State
supported a call of a Convention. The apprehension of the danger
of abolition was the leading consideration among the people for oppo-
sing the call. But for tbat->but for the agitation of the question of
abolition in States whose population had no right, in the opinion of
the people of Kentucky to interfere in the matter, the vote for a Con-
vention would have been much larger, if it had not been carried. I
felt myself constrained to take immediate, bold, and decided ground
against it.
09 ABOLinoir pinTiovt* 41S
Prior to the agilatioD of this subject of abolition, there was a pro
gressive melioration in ihe condition of slaves throughout all the slave
States. In some of them, schools of instruction were opened by hu-
mane and religious persons. These are all now checked, and a spirit
of insubordination having shown itself in some localities, traceable,
it io believed, to abolition movements and exertions, the legislative
.authority has found it expedient to infuse fresh vigor into the police^
and laws which regulate the conduct of the slaves.
And noW| Mr. President, if it were possible to overcome the in-
surmountable obstacles which lie in the way of immediate abolition,
let us briefly contemplate some of the consequences which would in-
evitably ensue. One of these has been occasionally alluded to in the
progress of these remarks. It is the struggle which would instanta-
neously arise between the two races in most of the southern and
southwestern States. And what a dreadful struggle would it not be!
£Imbittered by all the jrecollections of the past, by the unconquerable
prejudices which would prevail between two races, and stimulated by
all the hopes and fears of the future, it would be a contest in whieh
the extermination of the blacks, or their ascendancy over the whites,
would be the sole alternative. Pri<Mr to the conclusion, or during the
progress of such a contest, vast numbers, probably of the black race
would migrate into the free States ; and what effect would such a
migration have upon the laboring classes in those States !
Now the distribution of labor in the United States is geographical ;
the free laborers occupying one side of the line, and the slave laborers
the other ; each class pursuing its own avocations almost altogether
unmixed with the other. But on the supposition of immediate aboli-
tion, the black class, migrating into the free States, would enter into
competition with the white class, diminishing the wages of their labor,
and augmenting the hardships of their condition.
This is not all. The abolitionists strenuously oppose all separation
of the two races. 1 confess to you, sir, that I have seen with regret,
grief, and astonishment, their resolute opposition to the project of
colonization. No scheme was ever presented to the acceptance of
man, which, whether it be entirely practicable or not, is character-
ised by more unmixed humanity and benevolence than that of tri|n»-
porting, with their own consent, the free people of color in the
414 SPfiBCKSS OF HENRT CLAT.
States to the land of their ancestors. It has the powerful reconuiieD-
dation that whatever it does is good ; and, if it affects npthhig, it in-
flicts no one evil or mischief upon any portion of our society. There
ii no necessary hostility between the objects of colonization and abo-
lition. Ck>lonization deals only with the free man of color, and that
with his own free voluntary consent. It has nothing to do with sla-
very. It disturbs no man's property, seeks to impair no power in the
slave States, r.or to attribute any to the general government. All its
action, and all its ways and means are voluntary, depending upon the
blessing of Providence, which hitherto has graciously smiled upon it.
And yet, beneficent and harmless as colonization is, no poition of the
people of the United States denounce it with so much persevering
zeal and such unmixed bitterness as do the abolitionists.
They put themselves in direct opposition to any separation what^
ever between the two races. They would keep them for ever pent
up together within the same limits, perpetuating their animosities,
and constantly endangering the peace of the conununity. They pro-
claim, indeed, that color is nothing ; that the organic and character-
istic differences between the two races ought to be entirely overlook-
ed and disregarded. And, elevated themselves to a sublime but im-
practicable philosophy, they would teach us to eradicate all the re-
pugnances of our nature, and to take to our bosoms and our boards
the black man as we do the white, on the same footing of equal social
condition. Do they not perceive that in thus confounding all the
distinctions which God himself has made, they arraign the wisdom
and goodness of Providence itself ? It has been his divine pleasure
to make the black man black, and the white man white, and to dis-
tinguish them by other repulsive constitutional differences. It is not
necessary for me to maintain, nor shall I endeavor to prove, that it
was any part of his divine intention that the one race should be held
in perpetual bondage by the other ; but this I will say, that those
whom he has created different, and has declared, by their physical
structure and color, ought to be kept asunder, should not be brought
together by any process whatever of unnatural anudgamation.
But if the dangers of the evil contest which I have supposed could
be avoided, separation or amalgamation is the only peaceful alterna-
tive, if it were possible to effectuate the project of abolition. Hie
abolitionists oppose all colonization, and it irresistibly follows, what-
Oir ABOLITION VtTITfOiri. 415
ever they maj protest or declare, that they are in favor of amalga*
mation. And who are to bring aboat this amalgamation ? I have
heard of none of these ultra abolitionists furnishing in their own fam-
ilies or persons examples of intermarriage. Who is to begin it ? Is
it their purpose not only to create a pinching competition between
black labor and white labor, but do they intend also to contaminate
the industrious and laboring classes of society at the north, by a re-^
volting admixture of the black element?
It is frequently asked, what is to become of the African race among
us ? Are they for ever to remain in bondage ? That question was
asked more than half a century ago. It has been answered by fifty
3rcars of prosperity, but little chequered from this cause. It will be
repeated fifty or a hundred years hence. The true answer is, that
the same Providence who has hitherto guided and governed us, and
averted all serious evils from the existing relation between the two
races, will guide and govern our posterity. Sufficient to the day is
the evil thereof. We have hitherto, with that blessing, taken care of
ourselves. Posterity will find the means of its own preservation and
prosperity. It is only in the most direful event which can befal this
people that this great interest, and all other of our greatest interests,
would be put in jeopardy. Although in particular districts the black
population is gaining upon the white, it only constitutes one fifth of
the whole population of the United States. And taking the aggre-
gates of the two races, the European is constantly, though slowly,
gaining upon the African portion. This fact is demonstrated by the
periodical returns of our population. Let us cease, then, to indulge
in gloomy forebodings about the impenetrable future. But, if we
may attempt to lift the veil, and contemplate what lies beyond it, I,
too, have ventured on a speculative theory, with which I will not
now trouble you, but which has been published to the world. Ac-
cording to that, in the progress of time, some one hundred and fifty
or two hundred years hence, but few vestiges of the black race will
remain among our posterity. *
Mr. President, at the period of the formation of our constitution,
and afterwards, our patriotic ancestors apprehended danger to the
Union from two causes. One was, the Alleghany mountains, divid-
ing the waters which flow into the Atlantic ocean from those which
found their outlet in the Gulf of Mexico. They seemed to present a
416 tPISCHBS OF HEHBT CLAT.
natural separation. That danger has vanished before the noble
achievements of the spirit of internal improvement, and the immortal
genius of Fulton. And now, no where is found a more loyal attache
tnent (o the Union than among those very western people, whiO| it
was apprehended, would be the first to burst its ties.
The other cause, domestic slavery, happily the sole remaining
cause which is likely to disturb our harmony, continues to exist. It
was this which created the greatest obstacle and the most anxious
solicitude in the deliberations of the convention that Adopted the gen-
eral constitution. And it is this subject that has ever been regarded
with the deepest anxiety by all who are sincerely desirous of the per-
manency of our Union. The &ther of bis country, in his last afiect-
ing and solemn appeal to his fellow-citizens, deprecated, as a moat
calamitous event, the geographical divisions which it might produce.
The convention wisely left to the several states the power over the
institution of slavery, as a power not necessary to the plan of union
which it devised, and as one with which the general government
could not be invested without planting the seeds of certain destruc-
tion. There let it rem^n undisturbed by any unhallowed hand.
Sir, I am not in the habit of speaking lightly of the possibility of
dissolving this happy Union. The Senate knows that 1 have depre-
cated allusions, on ordinary occasions, to that direful event. The
country will testify that, if there be any thing in the history of my
public career worthy of recollection, it is the truth and sincerity of
my ardent devotion to its lasting preservation. But we should be
false in our allegiance to it, if we did not discriminate between the
imaginary and real dangers by which it may be assailed. Abolition
should no longer be regarded as an imaginary danger. The aboli-
tionists, let me suppose, succeed in their present aim of uniting ibe
inhabitants of the free states as one man, against the inhabitants of
the slave states. Union on the one side will beget union on the other
And this process of reciprocal consolidation will be attended with all
the violent prejudices, embittered passions, and implacable animosi
ties which ever degraded or deformed human nature. A virtual dis-
solution of the Union will have taken place, while the forms of its
existence remain. The most valuable element of union, mutual kind-
ness, the feelings of sympathy, the fraternal bonds, which now hap>
pily unite us, will have been extinguished for ever. One section will
oil ABOUTIOIV PBTI110RS. 417
ttand in menacing and hostile array against the other. The coUisioB
of opinion will be quickly followed by the clash of arms. I will not
attcuipt to dt*8cribe scenes which now happily lie concealed from our
view. Abolitionists themselves would shrink hack in dismay and
horror at the comtemplation of desolated fields, conflagrated cities,
murdered inhabitants, and the overthrow of the fairest fabric of hu-
man government that ever rose to animate the hopes of civilized man.
Nor should these abolitionists flatter themselves that,* if they can
8ucce?*d in their object of uniting the people of the free states, they
will enter the contest with numerical superiority that must ensure
victory. . AH history and experience proves the hazard and uncer-
tainty of war. And we are admonished by holy writ that the race
is not to the swift, nor the battle to the strong. But if they were to
conquer, whom would they conquer ? A foreign foe — one who had
insulted our flag, invaded our shores, and laid our country waste r
No, sir : no, sir. It would 1^; a conquest without laurels, without
glory — a self, a suicidal conquest — a conquest of brothers over bro-
thers, achifved by one over another portion of the descendants of
common ancestors, who nobly pledging their lives, their fortunes, and
their sacred honor, had fought and hied, side by side, in many a hard
battle on land and ocean, severed our country from the British crown,
and established our national independence.
«
The inhabitants of the slave states are sometimes accused by their
oorthern brethren with displaying too much rashness and sensibility
to the operations and proceedings of abolitionists. But, before they
can be rightly judged, there should be a reversal of conditions. Let
me stjppose that the people of the slave states were to form societies,
subsidize presses, moke large pecuniary contributions, send for the nu-
merous missionaries throughout all their own borders, and enter into
machinations to burn the beautiful capitols, destroy the productive
manufactories, and sink in the ocean the gallant ships of the northern
States. Would these incendiary proceedings be regarded as neigh-
bor) v and friendlv, and consistent with the fraternal sentiments which
should ever he cherished by one portion of the Union towards ano-
ther ? WoulJ they excite no emotion ? Occasion no manifestations
of dissatisfaction, nor lead to any acts of retaliatory violence ? But
the supposed rase falls far short of the actual one in a most essential
circumstance. In no contingency could these capitols, manufactories,
418 ffPBBCHES OF HEHBT CLAT.
ind ships rise in rebellion and massacre the Inhabitants of the north-
ern States.
I am, Mr. President, no friend of slavery. The searcher of all
hearts knows that every pulsation of mine beats high and strong m
the cause of civil liberty. Wherever it is safe and practicable, 1 d«»
sire to see every portion of the human family in the enjoyment of it.
But I prefe^the liberty of my own country to that of any other peo-
pie ; and the liberty of my own race to that of any other race. The
liberty of the descendants of Africa in the United States is incompat-
ible with the safety and liberty of the European descendants. Their
slavery forms an exception — an exception resulting from a stem and
inexorable necessity — to the general liberty in the United States. —
We did not originate, nor are we responsible for, this necessity.
Their liberty, if it were possible, could only be established by viola-
ting the incontestable powers of the States, and subverting the Union.
And beneath the ruins of the Union would be buried, sooner or later,
the liberty of both races.
But if one dark spot exists on our political horizon, is it not ob-
scured by the bright and effulgent and cheering light that beams all
around us ? Was ever a people before so blessed as we are, if true
to ourselves ? Did ever any other nation contain within its bosom so
many elements of prosperity, of greatness, and of glory } Our only
real danger lies ahead, conspicuous, elevated, and visible. It was
clearly discerned at the commencemen^, and distinctly seen through-
out our whole career. Shall we wantonly run upon it, and destroy
all the glorious anticipations of the high destiny that awaits us ? I
beseech the abolitionists themselves, solemnly to pause in their mad
and fatal course. Amid the infinite variety of objects of humanity
and benevolence which invite the employment of their energies, let
them select some one more harmless, that does not threaten to deluge
our country in blood. I call upon that small portion of the clergy,
which has lent itself to these wild and ruinous schemes, not to forget
the holy nature of the divine mission of the Founder of our religion,
and to profit by his peaceful examples. I entreat that portion of my
countrywomen who have given their countenance to abolition, to re
member that they are ever most loved and honored when moving in
their own appropriate and delightful sphere ; and to reflect that the
ink which they shed in subscribing with their fair hands abolition
on ABOunoir petitioits.
41»
petitions may prove bot the {wekide to the shedding of the blood of
their brethren. I adjure all the inhabitants of the free states to rebuke
and discountenanee, by their opinion and their example, measures
which must inevitably lead to the most calamitous consequences.
And let us all as countrymen, as friends, and as brothers, cherish in
unfading memory the motto which bore our ancestors triumphantly
through all the trials of the revolution, as, if adhered to, it will con-
duct their posterity through all that may, in the dispensations of
Providence, be reserved for them.
ON THE PRESIDENTIAL ELECTION.
At Tatlorsville, Virqinia, July 10, 1840.
IMr. Clay was invited by the Whigs of his native County, to visit and meet
them at the festive board during the Presidential canvaFH of 1840. He complted as
•oon aa his duties in the i^ennte would permit, and, being addressed from the chair
in a sentiment expressive of gratitude and admiration, responded as foilowa :]
I THINK my friends and fellow citizens, that availing myself of the
privilege of my long service in the public councils, just adverted to,
the resolution, \vhich 1 have adopted, is not unreasonable of leaving
to younger men, generally, the performance of the duty, and the en-
joyment of the pleasure of addressing the people in their primary
assemblies. After the event which occurred lust winter at the capi-
tol of Pennsylvania, I believed it due to myself, to the Whig cause,
and to the country, to announce to the public, with perfect truth and
sincerity, and without any reserve, my fixed determination to support
the nomination of William Henry Harrison, there made. To put
down all misrepresentations, 1 have, on suitable occasions, repeated
this annunciation, and now declare my solemn conviction that the
purity and security of our free institutions, and the prosperity of the
countr}' , imperatively demand the election of that citizen to the office
of Chief Magistrate of the United States.
But the occa>;ion forms an exception from the rule which I have
prescribed to myself. I have come here to the county of my nativity
in the spirit of a pilgrim, to meet, perhaps for the last time, the com-
panions and the descendants of the companions of my youth. Wher-
ever we roam, in whatever climate or land we are cast by the acci-
dents of human life, beyond the mountains or beyond the ocean, in
the legislative halls of the capitol, or in the retreats and shades of
private life, our hearts turn with an irresistible instinct to the cher-
ished spot which ushered us into existence. And we dwell with
delightful associations on the recollection of the streams in wbich|
Oir THI PRESIDENTIAL ELSCFION. 421
dnring oar boyish days, we bathed, the fountains at which wo drunk,
the piney fields, the hills and the valleys where we spoited, and the
friends who shared these enjoyments with us. Alas ! too many of
these friends of mine have gone whither we must all shortly go, and
the presence here of the small remnant left behind attests both our
loss and our early attachment. I would greatly prefer, my friends,
to employ the time which this visit affords in friendly and familiar
conversation on the virtues of our departed companions, and on the
scenes and adventures of our younger days; but the expectation
which prevails, the awful state of our beloved country, and the op-
portunities which I have enjoyed iu its public councils impose on me
the obligation of touching on topics less congenial with the feelings
of my heart, but possessing higher public interest. I assure you,
fellow citizens, however, that I present myself before you for no pur-
pose of exciting prejudices or inflaming passions, but to speak to yoa
in all soberness and truth, and to testify to the things which 1 know,
or the convictions which I entertain, as an ancient friend, who has
lived long and whose career is rapidly drawing to a close. Through-
out an arduous life, I have endeavored to make truth and the good
of the country the guides of my public conduct ; but in Hanover
county, for which I cherish sentiments of respect, gratitude and ven-
eration, above all other places, would I avoid saying any thing that
I did not sincerely and truly believe.
Why is the plough deserted, the tools of the mechanic laid aside,
and all are seen rushing to gatherings of the people ? What occa-
sions those vast and useful assemblages which we behold in every
State, and in almost every neighborhood ? Why those conventions
of the people, at a common centre, from all the extren.ities of this
▼ast Union, to consult together upon the sufferings of the community,
and to deliberate on the means of deliverance ? Why this rabid ap-
petite for public discussions } What is the solution of the phenome-
non, which we observe, of a great nation, agitated upon its whole
surface, and at its lowest depths, like the ocean when convulsed by
some terrible storm ? There must be a cause, and no ordinary cause.
It has been truly said, in the most memorable document, that ever
issued from the pen of man, that *^ all experience hath shown that
mankind are more disposed to su^, while evils are sufferable, than
to right themsdtret by abotishiog the forms to which they are aocnt-
•BB
423 8FEKCUE8 OF HKNRT €LAT.
tomed. The recent history of our people furnishes confirmmtion of
that truth. They are active, enterprising and intelligent ; bat are
not prone to make groundless complaints against public servants. If
we now every where behold them in motion, it is because they
feel that the grievances under which they are writhing can be do
longer tolerated. They feel the absolu^ necessity of a change, that
no change can render their condition worse, and that any change
must better it. This is the judgment to which they have come : this
the brief and compendious logic which we daily heaiiL They know
that, in all the dispensations of Providence, they have reason to be
thankful and grateful ; and if they had not, they would be borne with
fortitude and resignation. But there is a pervading conviction and
persuasion that, in the administration of government, there has been
something wrong, radically wrong, and that the the Ves^l of State
has been in the hands of selfish, faithless and unskilful pilots, ¥rho
have conducted it amidst the breakers.
In my <)eliberate opinion, the present distressed and distracted state
of the country may be traced to the single cause of the action, the
encroachments, and the usurpations of the executive branch of the
government. I have no time here to exhibit and to dwell upon all
the instances of these, as they have occurred in succession, during
the last twelve years. They have been again and again exposed on
other more fit occasions. But I have thought this a proper opportu-
nity to point out the enormity of the pretensions, principles and prac-
tices of that department, as they have been, from time to time, dis-
closed in these late years, and to throw the rapid progress which has
been made in the fulfilment of the remarkable language of our illus-
trious countryman, that the federal executive had an awful squinting
towards monarchy. Here, in the county of his birth, surrounded by
sons, some of whose sires with him were the first to raise their anns
in defence of American liberty against a foreign monarch, is an ap-
propriate place to expose the impending danger of creating a domes-
tic monarch. And may I not, without presumption, indulge the hope
that the warning voice of another, although far humbler, son of Han-
over may not pass unheeded ?
The late President of the United States advanced certain new and
alarming pretensions for the executive department of the government,
the efEdci of which, if established and recognized by the people, mnsl
ON THB PRltlDKVTIAL BLEOnON. 433
inevitably convert it into a monarchy. The first of these^ and it was
a favorite principle with him, was, that the executive department
should be regarded as a unit. By this principle of unity, he meant
and intended that all the executive officers of government should be
bound to obey the commands and execute the orders of the President
of the United States, and that they should be amenable to him, and
he be responsible for them. Brior to his administration, it had been
considered that they were bound to observe and obey the constitn*
tion and laws, subject only to the general superintendance of the
President, and responsible by impeachment, and to the tribunab of
justice for injuries inflicted on private citizens.
But the annunciation of this new and extraordinary principle was
not of itself sufficient for the purpose of President Jackson ; it waa
essential that the subjection to his will, which was its object, should
be secured by some adequate sanction. That he sought to effect by
an extension of another principle, that of dismission from office, be-
yond all precedent, and to cases and under circumstances which would
have furnished just grounds for his impeachment, according to the
solemn opinion of Mr. Madison and other members of the first Con-
gress under the present constitution.
Now, if the whole official corps, subordinate to the President of
the United States, are made to know and to feel that they hold their
respective offices by the tenure of conformity and obedience to his
will, it is manifest that they must look to that will, and not to the
constitution and laws, as the guide of their official conduct. The
weakness of human nature, the love and emoluments of office, per-
haps the bread necessary to the support of then: families, would make
this result absolutely certain.
The development ot this new character to the power of dismission,
would have fallen short of the aims in view, withoat the exercise of
it were held to be a prerogative, for which the President was to be
wholly irresponsible. If he were compelled to expose the grounds
and reasons upon which he acted, in dismissals from office, the ap-
prehension of public censure would temper the arbitrary nature of
the power, and throw some protection around the sufoordinale officer.
Hence the new and BMiBftioiis ptelewrion has been advaseed, that
424 tPBICBES or HISOtT CLAT.
•ithoDgh the concurrence of the Senate is necessary by the constito*
tion to the confirmation of an appointment, the President may snbse-
quently dismiss the person appointed, not only without communica*
ting the grounds on which he has acted to the Senate, but without
any such communication to the people themselves, for whose benefit
all offices are created ! And so bold and daring has the executive
brance of the government become, that one of its cabinet minbters,
himself a subordinate officer, has contemptuously refused to members
of the House of Representatives, to disclose the grounds on which he
has undertaken to dismiss from office persons acting as deputy poet-
masters in his department.
As to the gratuitous assumption made by President Jackson,
of responsibility for all the subordinate executive officers, it is the
merest mockery that M-as ever put forth. They will escape punisli-
ment by pleading his orders, and he by alledging the hardship of being
punished, not for his own acts, but for theirs. We have a practical
exposition of this principle in the case of the two hundred thousand
militia. The Secretary of War comes out to screen the President,
by testifying that he never saw what he strongly recommended ; and
the President reciprocates that favor by retaining the Secretary ia
place, notwithstanding he has proposed a plan for organizing the mi-
litia, which is acknowledged to be unconstitutional. If the President
is not to be held responsible for a cabinet minister, in daily intercourse
with him, how is he to be rendered so for a receiver in Wisconsin or
Iowa ? To concentrate all responsibility in the President, is to anni-
hilate all responsibility. For who ever expects to see the day arrive
when a President of the United States will be impeached— or if im-
peached, when he cannot command more than one-third of the Senate
to defeat the impeachment ?
But to construct the scheme of practical de^^otism, while all the
forms of free government remained, it was necessary to take one fior-
ther step. By the constitution, the Pre.sident is enjoined to take care
that the laws be executed. This injunction was merely intended to
impose on him the duty of a general superintendence ; to see that
offices were filled, officers at their respective posts in the discharge
of their official fiinctions, and all obstructions to the enforcement of
the laws were removed, and when necessary for that purpose, to call
oat the militia. JNo one ever imagined, prior to the administratkHi
OH THS PU8tDKl»TIA ILtCTION. 425
of President Jackson, that a President of the United States was to
occupy himself with supervising and attending to the execution of all
the minute details of one of the hosts of offices in the United States.
Under the constitutional injunction just mentioned, the late Presi-
dent put forward that most extraordinary pretension, that the consti-
tution and laws of the United States were to be executed as he un-
derstood them ; and this pretension was attempted to be sustained by
an argument equally extraordinary, that the President, being a sworn
officer, must carry them into effect according to his sense of their
meaning. The constitution and laws were to be executed not ac-
cording to their import, as handed down to us by our ancestors, as
interpreted by contemporaneous expositions, as expounded by con-
current judicial decisions, as fixed by an uninterrupted course of Con-
gressional legislation, but in that sense which a President of the
United States happened to understand them !
To complete this executive usurpation, one further object remained.
By the constitution, the command of the army and the navy is con-
ferred on the President. If he could unite the purse with the sword,
nothing would be lefl to gratify the insatiable thirst for power. In
1833 the President seized the treasury of the United States, and from
that day to this it has continued substantially under his control. The
seizure was effected by the removal of one Secretary of the Treasury,
understood to be opposed to the measure, and by the dismissal of
another, who refused to violate the law of the land, upon the orders
of the President.
It is indeed said, that not a dollar in the treasury can be touched
without a previous appropriation by law, nor drawn out of the treas-
ury without the concurrence and signature of the Secretary, the
Treasurer, the Register, and the Comptroller. But are not all these
pretended securities idle and unavailing forms ? We have seen that,
by the operation of the irresponsible power of dismission, all those
officers are reduced to mere automata, absolutely subjected to the
will of the President. What resistance would any of them make
with the penalty of dismission suspended over their heads, to any
orders of the President, to pour out the treasure of the United States,
whether an act of appropriation existed or not ? Do not mock us
with the yain assurance of the honor and probity of a President, nor
436 tFEECHss or hsnrt cult.
remind us of the confidence which we ought to repose in his imagined
yirtues. The pervading principles of our system of goremment — of
all free government — is not merely the possibility, but the absolute
certainty of infidelity and treachery, with even the highest function-
ary of the State ; and hence all the restrictions, securities, and gua-
ranties, which the wisdom of our ancestors, or the sad experience of
history had inculcated, have been devised and thrown around the
Chief Magistrate.
Here, friends and fellow-citizens, let us pause and contemplate this
stupendous structure of executive machinery and despotism, whicii
has been reared in our young republic. The executive branch of the
government is a unit ; throughout all its arteries and veins there is
to be but one heart, one head, one will. The number of the subordi-
nate executive officers and dependents in the United States has been
estimated in an official report, founded on public documents, made by
a Senator from South Carolina, (Mr. Calhoun,) at one hundred thou-
sand. Whatever it may be, all of them, wherever they are situated,
are bound implicitly to ol)ey the larders of the President. An absolute
obedience to his will is secured and enforc^ by the power of dis-
missing them at his pleasure, from their respective places. To make
this terrible power of dismission more certain and efficacious, its ex-
ercise is covered up in mysterious secrecy, without the smallest re-
sponsibility. The constitution and laws of the United States are to
be executed in the sense in which the President understands them —
although that s(^nsc may be at variance with the understanding of
every other man in the United States. It follows, as a necessary
consequence, from the principles deduced by the President from the
constitutional injunction as to the execution of the laws, that, if an
act of Congress be passed, in his opinion, contrary to the constitution,
or if a decision be pronounced by the courts, in his opinion, contrary
to the constitution or the laws, that act or that decision the President
is not obliged to enforce, and he could not cause it to be enforced,
without a violation, as is pretended, of his official oath. Candor re-
quires the admission, that the principle has not yet been pushed in
practice in these cases ; but it manifestly comprehends them ; and who
doubts, that if the spirit of usurpation is not arrested and rebuked,
they will be finally reached ? The march of power is ever onward.
As times and seasons admonish, it openly and boldly in broad day
makes its progress ; or if alarm be excited by the enormity of its
ON TUB PBK8IDBHTIAL ELKCTI09. 4S7
pretensionsy it silently and secretly, in the daik of the night, steals its
devious way. It now storms and mounts the ramparts of the fortress
of liberty ; it now saps and undermines its foundations. Finally, the
command of the army and navy being already in the President, and
having acquired a perfect control over the treasury of the United
States, he has consummated that frightful union of purse and sword,
so long, so much, so earnestly deprecated by all true lovers of civil
liberty. And our present Chief Magistrate stands solemnly and yo-
iuntarily pledged, in the face of the whole world, to follow in the foot-
steps and carry out the measures and the principles of his illustrious
predecessor !
The sum of the whole is, that there is but one power, one will in
the State. All is concentrated in the President. He directs, orders,
commands the whole machinery of the State. Through the official
agencies, scattered throughout the land, and absolutely subjected to
his will, he executes, according to his pleasure or caprice, the whole
power of the commonwealth, which has been absorbed and'cngrossed
foy him. And one sole will predominates in, and animates the whole
of this vast community. If this be not practical despotism, I am not
capable of conceiving or defining it. Names are nothing. The ex-
istence or non-existence of arbitrary government does not depend
upon the title or denomination bestowed on the chief of the State,
but upon the quantum of power which he possesses and wields. Au-
tocrat, sultan, emperor, dictator, king, doge, president, are all mere
names, in which the power respectively possessed by them is not to
be found, but is to be looked for in the constitution, or the established
usages and practices of the several States which they govern and
control. If the Autocrat of Russia were called President of all the
Russias, the actual power remaining unchanged, his authority under
his new denomination, would continue undiminished ; and, if the
President of the United States were to receive the title of Autocrat of
the United States, the amount of his authority would not be increas-
ed, without an alteration of the constitution.
General Jackson was a bold and fearless reaper, carrying a wide
row, but he did not gather the whole harvest ; he left some gleanings
to his faithful successor, and he seems resolved to sweep clean the
field of power. The duty of inculcating on the official corps the
active exertion of their personal and official influence was left by him
428 tPERCHBt or HENRT CLAT.
to be enforced by Mr. Van Baren, in all popular elections. It
not sufficient that the official corps was bound implicitly to obey the
will of the President. It was not sufficient that this obedience w«
coerced by the tremendous power of dismission. It aoon became ap-
parent that this corps might be beneficially employed to promote, in
other matters than the busines of their offices, the views and interests
of the President and his party. They are far more efficient than any
standing army of equal numbers. A standing army would be sepa-
rated, and stand out from the people, would be an object of jealousy
and suspicion ; and, being always in corps, or in detachments, could
exert no influence on popular elections. But the official corps is dis-
persed throughout the cftuutry, in every town, village, and city, mix-
ing with the people, attending their meetings and conventions, becom-
ing chairmen and n\embers of committees, and urging and stimulating
partizans to active and vigorous exertion. Acting in concert, and
throughout' the whole Union, obeying orders issued from the centre,
their influence, aided by executive patronage, by the post-office de-
partment, and all the vast other means of the executive, is almest
inesistable.
To correct this procedure, and to restrain the subordinates of the
executive from all interference with popular elections, my colleagoe,
(Mr. Crittenden,) now present, introduced a bill in the Senate. He
had the weight of Mr. Jefferson's opinion, who issued a circular to
restrain federal officers from intermedling in popular elections. He
' had before him the British example, according to which place men
and pensioners were not only forbidden to interfere, but were not,
some of them, even allowed to vote at popular elections. But his
bill left them free to exercise the elective franchise, prohibiting only
the use of their official influence. And how was this bill received in
the Senate ? Passed, by those who profess to admire the character
and to pursue the principles of Mr. Jefferson ? No such thing. It
was denounced as a sedition bill. And the just odium of that sedition
bill, which was intended to protect office-holders against the people,
was successfully used to defeat a measure of protection of the people
against the office-holders ! Not only were they left unrestrained,
but they were urged and stimulated by an official report to employ
their influence in behalf of the administration at (he election of the
people.
OH TRX PRniDmriAL BUKJTICm. 4M
Hitherto, the army and the navy hare remained unaffected by the
power of dismission, and they have not been called into the political
service of the executive. But no attentive observer of the principles
and proceedings of the men in power could foil to see that the day
was not distant when they, too, would be required to perform the
partisan offices of the President. Accordingly, the process of con-
verting them into executive instruments has commenced in a court
martial assembled at Baltimore. If wo officers of the army of the
United States have been there put upon their solemn trial, on the
charge of prejudicing the democratic party by making purchases for
the supply of the army from members of the Whig party ! It is not
pretended that the United States were prejudiced by those purchases;
on the contrary, it was I believe, established that they were cheaper
than could have been made from the supporters of the administration.
But the charge was, that to purchnse at all from the opponents, in-
stead of the friends of the administration, was an injury to the demo-
cratic party, which required that the offenders should be put upon
their trial before a court martial ! And this trial was commenced at
the instance of a committee of a democratic convention, and conduct-
ed and prosecuted by them ! The scandalous spectacle is presented
to an enlightened world of the Chief Magistrate of a great people exe-
cuting the orders of a self-created power, organized within the bosom
of the State, and upon such an accusation, arraigning, before a mili-
tary tribunal, gallant men, who are charged with the defence of the
honor and the interest of their country, and with bearing its eagles in
the presence of an enemy !
But the army and navy are too small, and in composition are too
patriotic to subserve all the purposes of this administration. Hence
the recent proposition of the Secretary of War, strongly recommend-
ed by the President, under color of a new organization of the militia,
to create a standing force of 200,000 men, an amount which no con-
ceivable foreign exigency can ever make necessary. It is not my
purpose now to enter upon an examination of that alarming and most
dangerous plan of the executive department .of the federal govern-
ment. It has justly excited' a burst of general indignation, and no
where has the disapprobation of it been mcHre emphatically expressed
than in this ancient and venerable Commonwealth.
The monstrous project may be described in a few words. It pio*
430 tPBacm of HurBT clat.
poses to create the force by breaking down Mason and Dixon's line,
expunging the boundaries of Stales ; melting them up into a confloeit
mass, to be subsequently cut up into ten military parts, alienates tiie
militia from its natural association, withdraws it from the authority
and command, and sympathy of its constitutional officers, appointed
by the States, puts it under the command of the President, authorises,
him to cause it to be trained, in palpable violation of the constitutioD,
and subjects it to be called out from remote and distant places, at his
pleasure, and on occasions not warranted by the constitution !
Indefensible as this project is, fellow citizens, do not be deceived
by supposing that it has been or will be abandoned. It is a principle
of those who are now in power, that an election or re-election of the
President implies the sanction of the people to all the measures which
he had proposed, and all the opinions which he had expressed, on
public aflfairs, prior to that event. We have seen this principle ap-
plied on various occasions. Let Mr. Van Buren be re-elected in No-
vember next, and it will be claimed that the people have thereby
approved of this plan of the Secretary of War. All entertain the
opinion that it is important to train the militia, and render it effi?c-
tive ; and it will be insisted, in the contingency mentioned, that the
people have demonstrated that they approve of that specific plan. —
There is more reason to apprehend such a consequence from the &ct
that a committee of the Senate, to which this subject was referred,
instead of denouncing the scheme as unconstitutional and dangeroos
to liberty presented a labored apologetic report, and the administra-^
tion majority in that body ordered twenty thousand copies of the
apology to be printed for circulation among the people. I take plea-
sure in testifying that one administration Senator had the manly inde-
pendence to denounce, in his place, the project as unconstitutional
That Senator was from your own State.
1 have thus, fellow citizens, exhibited to you a true and faithfbl
picture of executive power, as it has been enlarged and expanded
within the last few years, and as it has been proposed further to ex-
tend it. It overshadows every other branch of the government. The
source of legislative power is no longer to be found in the capitol,biit
in the palace of the President. In assuming to be a part of the legis-
lative power, as the President recently did, contrary to the constitu-
tion, he would have been nearer the actual fact if he had alledged
09 TRC PRBSTDKimAL KLBCTION. 431
that he was the sole legislative power of the Union. How is it pos-
iible for public liberty to be preserved, and the constitutional distri-
butions of power, amon^ the departments of government, to be main-
tained, unless the executive career be checked and restrained ?
It maybe urged that two securities exist ; first, that the Presiden-
tial term is of short duration ; and, secondly, the elective franchise.
But it has been already shown, that whether a depositary of power
be arbitrary or compatible with liberty does not depend upon the da-
ration of the official term, but upon the amount of power invested.
The dictatorship in Rome was an office of brief existence, generally
shorter than the Presidential term. Whether the elective franchise
be an adequate security or not, is a problem to be solved next No-
vember. I hope and believe it yet is. But if Mr. Van Buren should
be re-elected, the power already acquired by the executive be retain-
ed, and that which is in progress be added to that department, it is
my deliberate judgment that there will be no hop^ remaining for the
continuance of the liberties of the country.
And yet the partizans of this tremendous executive power arrogate
to themselves the name of democrats, and bestow upon us, who are
opposed to it, the denomination of the federalists ! In the Senate of
the United States there are five gentlemen who were members of the
federal party, and four of them have been suddenly transformed into
democrats, and are now warm supporters of this administration,
whilst I, who had exerted the utmost of my humble abilities to arouse
the nation to a vindication of its insulted honor and its violated rights^
and to the vigorous prosecution of the war against Great Britain, to
which they were violently opposed, find myself, by a sort ot magical
influence, converted into a federalist ! The only American citizen
that I ever met with, who was an avowed monarchist, was a sup-
porter of the administration of General Jackson ; and he acknowledg-
ed to me that his motive was to bring about the system of monarchy,
which his judgment preferred.
There were other points of difference between the federalists and
the democratic or rather republican party of 1798, but the great,
leading, prominent discrimination between them related to the con-
stitution of the executive department of the government. The fed«
eralists believed that in its stnietore, it was too weak, and was m
i
439 •PBECHBS OP BEHRT CLAT-
danger of beiDg crushed by the preponderating weight of the legisla
tive branch. Hence they rallied around the executive, and sought to
grive to it strength and energy. A strong government, an energetic
executive was, among them, the common language and the great ob-
ject of that day. The republicans, on the contrary, believed that
the real danger lay on the side of the executive ; that, having a con-
tinuous and uninterrupted existence, it was always on the alert, rea-
dy to defend the power it had, and prompt in acquiring more; and
that the experience of history demonstrated that it was the encroach-
ing and usurping department. They, therefore, rallied around the
people and the legislature.
What are the positions of the two great parties of the present day ^
Modern democracy has reduced the federal theory of a strong and
energetic executive to practical operation. It has turned from the
people, the natural ally of genuine democracy, to the executive, and,
instead of vigilance, jealousy and distrust, has giv.en to that depart-
ment all its confidence, and made to it a virtual surrender of all the
powers of government. The recognised maxim of royal infallibility is
transplanted from the British monarchy into modern American demo-
cracy, and the President can do no wrong ! This new school adopts,
modifies, changes, renounces, renews opinions at the pleasure of the
executive. Is the Bank of the United States a useful and valuable
institution ? Yes, unanimously, pronounces the democratic legisla-
ture of Pennsylvania. The President vetoes it as a pernicious and
dangerous establishment. The democratic majority in the same
legislature pronounce it to be pernicious and dangerous. The demo-
oratic majority of the House of Representatives of the United States
declare the deposites of the public money in the Bank of the United
States to be safe. The President says they are unsafe, and removes
them. The democracy say they are unsafe, and approve the re-
moval. The President says that a scheme of a Sub-Treasury is revo-
lutionary and disorganizing. The democracy say it is revolutionary
and disorganizing. The President says it is wise and salutary. The
democracy say it is wise and salutary.
The whigs of 1840 stand where the republicans of 1798 stood, and
where the whigs of the revolution were, battling for liberty, for the
people, for free institutions, against power, against corruption, against
executive encroachments, against monarchy.
ON THfi PRESIDENTIAL ELECTION. 433
We are reproached with struggling for offices and their emolu-
ments. If we acted on the avowed and acknowledged principle of
our opponents, that *' the spoils belong to the victors," we should in-
deed be un worth J of the support of the people. No ! fellow citizens ;
higher, nobler, more patriotic motives actuate the whig party. Their
object is the restoration of the constitution, tne preservation ot liber-
ty, and rescue of the country. If they were governed by the sordid
and selfish motives acted upon by their opponents, and unjustly im-
puted to i\nen\y to acquire office and emolument, they have only to
change their names, and enter the Presidential palace. The gate it
always wide open, and the path is no narrow one which leads through
it. The last comer, too, oflen fares best.
On a resurvey of the few past years, we behold enough to sicken
and sadden the hearts of true pati iots. Executive encroachment has
quickly followed upon executive encroachment; persons honored by
public confidence, and from whom nothing but grateful and parental
measures should have flowed, have inflicted stunning blow after blow
in such rapid succession that, before the people could recover from
the reeling effects of one, another has fallen heavily upon them. Had
either of various instances of executive misrule stood out separate
and alone, so that its enormity might have been seen and dwelt upon
with composure, the condemnation of the executive would have long
since been pronounced ; but it has hitherto found safety and impunity
in the bewildering efiects of the multitude of its misdeeds. The na-
tion has been in the condition of a man, who, having gone to bed
after his barn has been consumed by fire, is aroused in the morning to
witness his dwelling-house wrapt in flam(*s. So bold 'and presumptu-
ous has the executive become, that, penetrating in its influence the
hall of a co-ordinate branch of the government, by means of a sub-
missive or instructed majority of the Senate, it has caused a record of
the country to be effaced and expunged, the inviolability of which
was guarantied by a solemn injunction of the constitution ! And that
memorable and scandalous scene was enacted only because the oflfen*
live record contained an expression of disapprobation uf an executive
proceeding.
If this state of things were to remain — if the pro^rress of execative
usurpation were to continue uncoecaeci, iivpeless despair would seise
the public mind, or the people would be goaded to acts of open ni
484 8PBBCHB8 OP HBNBT CLAT*
violeDt resistance. But, thank God, the power of tne Presiaenu
fearful and rapid as its strides have been, is not yet too great for tbe
power of the elective franchise ; and a bright and glorious prospect,
in the election of William Henry Harrison, has opened upon the
country. The necessity of a change of rulers has deeply penetratea
the hearts of the people ; and we everywhere behold cheering mani-
festations of that happy event. The fact of his election alone, with-
out reference to the measures of his administration, will powerfully
contribute to the security and happiness of the people. It will bring
assurance of the cessation of that long series of disastrous experi-
ments which have so greatly afflicted the people. Confidence will
immediately revive, credit be restored, active business will return,
prices of products will rise ; and the people will feel and know that,
instead of their servants being occupied in devising measures for their
ruin and destruction, they will be assiduously employed in promoting
their welf^ire and prosperity.
But grave and serious measui^ will, unquestionably, early and
anxiously command the earnest attention of the new administration.
I have no authority to announce, and do not pretend to announce the
purposes of the new President. I have no knowledge of them other
than that which is accessible to every citizen. In what I shall say
as to the course of a new administration, therefore, I mean to express
my own sentiments, to speak for myself, without compromitting any
other person. Upon such an interesting occasion as this, in the midst
of the companions of my youth, or their descendants, I have felt that
it is due to them and to myself, explicitly to declare my sentiments,
without reserve, and to show that I have been, and,^as I sincerely be-
lieve, the friends with whom I have acted, have been, animated by
the disinterested desire to advance the best interests of the countiy,
and to preserve its free institutions.
The first, and in my opinion, the most important object which
should engage the serious attention of a new administration, is that
of circumscribing the executive power, and throwing around it such
limitations and safe-guards as will render it no longer dangerous w
the public liberties.
Whatever is the work of man, necessarily partakes of his impe^
fections; and it was not to be expected that, with all tha acknow-
ON THE PRESIDENTIAL ELECTION. 436
ledged wisdom and virtues of the firamers of our constitution, they
could have sent forth a plan of government, so free from all defect,
and so full of guaranties, that it should not, in the conflict of embit-
tered parties, and of excited passions, be perverted and misinterpre-
ted. Misconceptions, or erroneous constructions of the powers grant-
ed in the constitution, would probably have occurred, after the lapse
of many years. In seasons of entire calm, and with a regular and
temperate administration of the government; but during the last
twelve years, the machine, driven by a reckless charioteer, with
frightful impetuosity, has been greatly jarred and jolted, and it needs
careful examination and a thorough repair.
*
With the view, therefore, to the fundamental character of the go-
vernment itself, and especially of the executive branch, it seems to
me that, either by amendments of the constitution, when they are
necessary, or by remedial legislation when the object falls within the
scope of the powers of Congress, there should be,
1st. A provision to render a person ineligible to the bffice of Presi-
dent of the United States, afler a service of one term.
Much observation and deliberate reflection have satisfied me that
too much of the time, the thoughts, and the exertions of the incum-
bent arc occupied, during his first term, in securing his re-electiouL.
The public business, consequently, suflTers, and measures are pro-
posed or executed, with less regard to the general prosperity than
to their influence upon the approaching election. If the limitation
to one term existed, the President would be exclusively devoted to
the discharge of his public duties ; and he would endeavor to signal-
ize his administration by the beneficence and wi^om of its measures
2d. That the veto power should be more precisely defined, and be
subjected to further limitations and qualifications. Although a large,
perhaps the largest proportion of all the acts of Congress, passed at
the short sessions of Congress, since the coomiencement of the govern-
ment, were passed within the three last days of the session, and when,
of course, the President, (or the time being, had not the ten days for
consideration allowed by the constitution. President Jackson, availing^
himself of that allowance, has failed to return important bills. When
not returned by the President withia the ten days, it is questionable
436 tPEBCHBS or henrt clat.
whether they are laws or not. It is very certain that the next Con-
gress cannot act upon them hy deciding whether or not they shall
become laws, the President's objections notwithstanding. All thia
ought to be provided for.
At present, a bill, returned by the President, can only become a
law by the concurrence of two-thirds of the membeis of each House.
I think if Congress passes a bill after discussion and consideration,
and, after weighing the objections of the President, still believes it
ought to pass, it should become a law, provided a majority of all the
members of each House concur in its passage. If the weight of his
argument, and the weight of his influence conjointly, cannot prevail
on a majority, against their previous convictions, in my opinion the
bill ought not to be arrested. Such is the provision of the constitu-
tions of several of the States, and that of Kentucky among them.
3d. That the power of dismission from office should be restricted,
and the exercise of it be rendered responsible.
The constitutional concurrence of the Senate is necessary to the
confirmation of all important appointments, but, without consulting
the Senate, without any other motive than resentment or caprice, the
the President may dismiss at his sole pleasure, an officer created by
the joint action of himself and the Senate. The practical effect is to
nullify the agency of the Senate. There may be occasionally, cases
in which the public interest requires an immediate dismission without
waiting for the assembling of the Senate ; but, in all such cases, the
President should be bound to communicate fullv the grounds and
motives of the dismission. The power would be thus rendered re-
sponsible. Without Jt the exercise of the power is utterly repognaot
to free institutions, the basis of which is perfect responsibility, and
dangerous to the public liberty, as has been already shown.
4th. That the control over the treasury of the United States shooM
be confided and confined exclusively to Congress ; and all authoritf
of the President over it, by means of dismissing the Secretary of the
Treasury, or other persons having the immediate charge of it, be
rigorously precluded.
Tou have heard moch| fellow citizensi of the divorce of banki aad
ON TRK PRBtlDtHTIAL KLECTIOlf. 437
government. After crippling them and impairing their utility, the
executive and ito partisans have systematically denounced them.
The executive and the country were warned again and agdin of the
&tal course that has heen pursued ; but the executive, nevertheless,
persevered, commencing by praising and ending by decrying the State
banks. Under cover of the smoke which has been raised, the real
object all along has been, and yet is, to obtain the possession of the
money power of the Union. That accomplished and sanctioned by
(he people— 4he union of the sword and the purse in the hands of
the l^resident efiectually secured — and farewell to American liberty.
The sub-treasury is the scheme for eflecting that union ; and I am
told, that of all the days in the year, that which gave birth to our
national existence and freedom, is the st>lected day to be disgraced by
ushering into existence a measure, imminently perilous to the liberty
ivhich, on that anniversary, we commemorate in joyous festivals.
Thus, in the spirit of destruction which animates our rulers, would
(hey convert a day of gladness and of glory into a day of sadness and
mourning. Fellow-ciiizens, there is one divorce urgently demanded
by the safety and the highest interests of the countiy — a divorce of
the President from the treasury of the United States.
And 5th. That the appointment of members of Congress to any
office, or any but a few specific offices, during their continuance in
office, and for one year thereafter, be prohibited.
»
This is a hackneyed theme ; but it is not less deserving serious con-
sideration. The constitution now interdicts the appointment of a
member of Congress to any office created, or the emoluments of
which had been increased while he was in office. In the purer days
of the republic, that restriction might have been sufficient, but in
these more degenerate times, it is necessary, by an amendment of the
constitutiouy to give the principle a greater extent.
Theae are the subjects, in relation to the permanent character of
the government itself, which, it seems to me, are worthy of the seri-
ous attention of the people, and of a new administration. I'here are
others, of an administrative nature, which require prompt and careful
consideration.
UL The earreiiey of the country, its stability and unUbrm Tains,
438 ■PBSCH£8 OF HBintT CLAT.
and, as intimately and indissolubly connected with it, the
of the faithful performance if the fiscal services necessaij to the go-
vemment should be maintained and secured by exerdsing all tfaa
powers requisite to those objects with which Coi^ress is constitutiott-
ally invested. These are the great ends to be aimed at — the mcaas
are of subordinate importance. Whether these ends, indispeiisaUe
to the well-being of both the people and the government, are to be
attained by sound and safe State banks, carefully selected, and pro-
perly distributed, or by a new Bank of the United States, with such
limitations, conditions, and restrictions as have been indicmted by ex-
perience, should be left to the arbitrament of enlightened pnblir
opinion.
Candor and truth require me to say, that, in my judgment, wUla
banks continue to exist in the country, the services of a Bank of the
United States cannot be safely dispensed with. I think that the
power to establish such a bank is a settled question ; settled by
Washington and by Madison, by the people, by forty years^ aoquiee-
cence, by the judiciary, and by both of the great parties which m
long held sway in the countr\'. I know and I respect the contrsiy
opinion which is entertained in this State. But, in my delil)eiate
view of the matter, the power to establish such a bank being settled,
and being a necessary and proper power, the only question b as to
the expediency of its exercise. And on questions of mere expediency
public opinion ought to have a controlling influence. Without banks
I believe we cannot have a sufficient currencv ; without a Bank of
the United States, I fear we cannot have a sound currency. But it is
the end, that of a sound and sufficient currency, and a fa>:hful execv-
tion of the fiscal duties of government, that should engage the dis-
pnssionate and candid consideration of the whole community. There
is nothing in the name of the Bai.k of the United States which hM
any magical charm, or to which any one noe^ be wedded. It is Is
secure certain great objects, without which society cannot prosper;
and if, contrary to my apprehension, these objects can be occompfish-
ed by dispensing with the agency of a Bank of the United States, and
employing that of State Banks, all ought to rejoice and heartily ae-
qoieaoe, and none would more than I should.
2d. That the public lands, in conformity with the trusts created
txpitwAj or by just implication, on their acquisition, be ndminialHed
OH TBB PRBIIDBIITIAL ELBCTION. 4M
in * spirit of liberality towards the new states and territories, and in
a spirit of justice towards all the States.
I
The land bill which was rejected by President Jackson, and acts
of occasional legislation, will accomplish both these objects. I regret
that the time does not admit of my exposing here the nefarious plana
and purposes of the administration as to this vast national resource.
That, like every other great interest of the country, is administered
with the sole view of the eflect upon the interests of the party in
IK>wer. A bill has passed the Senate, and is now pending before tho
House, according to which forty millions of 4ollars are stricken from
the real value of a certain portion of the public lands by a short pro-
cess ; and a citizen of Virginia, residing on the southwest side of the
Ohio, is not allowed to purchase lands as cheap, by half a dollar per
acre, as a citizen living on tho nprthwest side of that river. I have
no hesitation in expressing my conviction that the whole public do-
main is gone if Mr. Van Buren be re-elected.
dd. That the policy of protecting and encouraging the productions
of American industry, entering into competition with the rival pro-
ductions of foreign industry, be adhered to and maintained on the
basis of the principles and in the spirit of the compromise of March,
1833.
Protection and national independence are, in my opinion, identical
and synonymous. The principle of abandonment of the one cannot
be surrendered without a forfeiture of the other. Who, with just
pride and national sensibility, can think of subjecting the products of
our industry to all the taxation and restraints of foreign powers, with-
out effort on our part to counteract their prohibitions and burdens by
suitable countervailing legislation ? The question cannot be, ought
not to be, one of principle but of measure and degree. I adopt that
of the compromise act, not because that act is irrepealable, but be-
cause it met with the sanction of the nation. Stability with moderate
and certain protection, is far more important than instability, the ne-
cessary consequence of high protection. But the protection of the
compromise act will be adequate, in most, if not as to all interests.
The twenty per cent, which it stipulates, cash duties, home valua-
tions, and the list of free articles inserted in the act, for the particu-
lar advantage of the manufacturer, will ensure, I trust, sufficient pro*
440 fPncHEt or rehbt clay.
teciion. All together, they will amount probahly to no less than
thirty per cent. ; a greater extent of protection than was secured
prior to the act of 1828, which no one stands up to defend. Now the
valuation of foreign goods is made not by the American authority,
except in suspected cases, but by foreigners, and abroad. They as-
sess the value, and we the duty ; but, as the duty depends, in most
eases, upon the value, it is manifest that those who assess the value
fix the duty. The home valuation will give our government what it
rightfully possesses, both the power to ascertain the true value of tbs
thing which it taxes, as well as the amount of that tax.
•
4th. That a strict and wise economy, in the disbursement of the
public money be steadily enforced ; and that, to that end, all useless
establishments, all unnecessary offices and places, foreign and domes-
tic, and all extravagance, either in the collection or expenditure of
the public revenue, be abolished and repressed.
I have not time to dwell on details in the application of this princi*
pie. I will say that a pruning knife, long, broad, and sharp, should
be applied to every department of government. There is abundant
•cope for honest and skilful surgery. The annual expenditure may,
in reasonable time, be brought down from its present amount of aboot
forty millions to near one-third of that sum.
5th. The several States have made such great and gratifying pro-
gress in their respective systems of internal improvement, and have
been so aided by the distribution under the deposite act, that, in fa-
tare, the erection of new roads and canals should be left to them with
iuch further aid only from the general government as they would
derive from the payment of the last instalment under that act, from
an absolute relinquishment of the right of Congress to call upon them
to refund the previous instalments, and from their equal and just
quotas, to be received by a future distribution of the nett proceeds
from the sales of the public lands.
And 6th. That the right to slave property, being guarantied by the
oonstitutioil, and recognized as one of the compromises incorporated
in that instrument by our ancestors, should be left where the consti-
tution has placed it, undisturbed and unagitated by Congress.
oil THS TStalBEIITIAI. BLBGTION. 441
Th««e, fellow citizens, are Yiews both of the stracture of the go»
rernment and of its administration, ^hich appear to me worthy of
commanding the grave attention of the public and its new serranta.
Although, 1 repeat, I have neither authority nor purpose to commit
any body else, 1 believe most, if not all of them, are entertained by
the political friends with whom I have acted. Whether the salutary
reforms which they include will be effected or considered, depends
upon the issue of that great struggle which is now going on through-
out all this country. This contest has had no parallel since the period
of the revolution. In both instances there is a similarity of objeot;
That was to achieve, this is to preserve the liberties of the country.
Let us catch the spirit which animated, and imitate the virtues which
adorned our noble ancestors. Their devotion, their constancy, their
untiring activity, their perseverance, their indomitable resolution,
their sacrifices, their valor ! If they fought for liberty or death, in
the memorable language of one of the most illustrious of them, let us
never forget that the prize now at hazard, is liberty or slavery. We
should be encouraged by the fact that the contest to the success of
which they solemnly pledged their fortunes, their lives, and their sa-
cred honor, was far more unequal than that in which we are engaged.
But, on the other hand, let us cautiously guard against too much con-
fidence. History and experience prove that more has been lost by
self-confidence and contempt of enemies, than won by skill and
courage. Our opponents are powerful in numbers and in organiza^-
tion active, insidious, and possessed of ample means, and wholly un-
scrupulous in the use of them. They count upon success by the use
of two words. Democracy and Federalism — Democracy which, in vio-
lation of all truth, they appropriate to themselves, and Federalism
which, in violation of all justice, they apply to us. And allow me to
conjure you not to suffer yourselves to be diverted, deceived, or dis-
couraged by the false rumors which will be industriously circulated,
between the present time and the period of the election, by our oppo-
nents. They will put them forth in every variety and without num-*
her, in the most imposing forms, certified and sworn to by conspicuous
names. They will brag, they will boast, they will threaten. Re-
gardless of all their arts, let us keep steadily and faithfully, and fear-
lessly at work.
«
But if the opposition perform its whole duty, if every member of
if act, as in the celebrated battle of Lord Nelson, as if the eyes of the
449 IPEBCHn OP HSNET CULT.
whole nation were fixed on him, and as if on his sole exertions de-
pended the issue of the day, 1 sincerely believe, that at least twenty
of the States of the Union will unite in the glorious work of the nl-
▼ation of the constitution, and the redemption of the country.
Friends and fellow-citizens, I have detained you too long. Ao>
eept my cordial thanks and my profound acknowledgments for the
honors of this day, and for all your feelings of attachment and confi*
dence towards me, and allow me in conclusion to propose a senti-
ment :
Hakovek Covrtv : it was (he fln^ io the commencement of the reToIotion to
fmiae its urm^, under the lead of Patrick Henry, in defence of American IU>ezty ; ic
wiU be the laat to prove fake or reoeaot to the holy came.
ON THE PRE-EMPTION BILL.
In the Senate of the United States, January 28, 1841.
With the measure of the distribution of the proceeds of the sales
of the public lands among the States of the Union, I have been so
associated for the last eight or ten years, that, although it had not
been my original purpose to say one woid in respect to that measure
at the present session of Congress, the debate on my colleague's mo-
tion has taken such a wide range that my silence might be construed
into indifference or an abandonment on my part, of what 1 conscien-
tiously believe to be one of the most important and beneficial mei^
sures ever submitted to the consideration of an American Congress.
I did not intend to move in the matter at this session, because of ths
extraordinary state of parties and of public affairs. The party against
which the people of the United States had recently pronounced de-
cisive judgment, is still in power, and has majorities in both Houses
of Congress. It has been always opposed to the distribution bilL
The new administration, to which a majority of the people of the
United Slates have given their confidence, has not yet the possession
of power, and, prior to the 4th of March next, can do nothing to ful61
the just expectations of the country. The Treasury is exhausted
iind in a wretched condition. I was aware that its state would be
urgeil as a plausible plea against present distribution — urged even by
a party, prominent members of which had heretofore protested against
any reliance whatever on the public lands as a source of revenue.
Now, although, 1 do not admit the right of Congress to apply the
proceeds of all the public lands, consistently with the terms of the
deeds of cession from Virginia and the other ceding States, to the pur-
poses of ordinary revenue of government, yet Congress being in the
habit of making such an application, 1 was willing to acquiesce in the
continuation of the habit until, I hope at some early day, a suitable
ble provision can be made for the exchequer out of some more iq[K
propriate and fegitimste source than the public lands.
444 •PBBCHIS OP HKtfRT CLAT.
The distribution proposed by my colleague can be made, and, if no
other Senator does, I >vill propose to make it, lo commence on the
first day of January next, leaving the proceeds of the lands of the
current year applicable to the uses of the treasury. This will avoid
the tinancial objection, as I hope, prior to that day, that some per-
manent and adequate provision will be made to supply government
with the necessary revenue. I shall therefore, vote for the proposi-
tion with that qualification since it has been introduced, although I
' had not intended to move it myself at this session.
I came to the present session of Congress under the hope that it
would dedicate itself earnestly to the urgent and necessary work of
such a repair of the shattered Vessel of State as would put it in a con-
dition to perform the glorious voyage which it will begin on the fourth
of March next. I supposed, indeed, that all new and doubtful mea-
sures of policy would be avoided ; but persuaded myself that a spirit
of manliness, of honor, and of patriotism would prompt those who yet
linger in power and authority at least to provide the necessary wayi
and means to defray the expenses of government, in the hands of
their successors, during the present year, if not permanently. But I
confess with pain that my worst fears are about to be realized. The
administration not only perseveres in the errors which have lost it
the public confidence, but refuses to allow its opponents to minister,
in any way, to the sufferings of the community or the necessities of
the government. Our constitution is defectivej in allowing those to
remain in authority three or four months af\er the people have pro-
nounced judgment against them ; or rather the convention did not
foresee the possibility of the existence of an administration which
would deliberately treat with neglect and contempt the manifest ses-
timents of their constituents. It did not imagine that an administra-
tion could be so formed as that, although smarting under a terrible
but merited defeat, it would, in the spirit of the ancient fable, dog-
gedly hold on to power, refusing to use it, or to permit others to use
it, for the benefit of the people.
We have just had read to us a lecture from the honorable and
highly respectable Senator from New Hampshire, (Mr. Pierce,)
which ought to have been exclusively addressed to his own friends.
He tells us that we are wasting onr time in party debate, and that a
measure is always got up at the commencement of every session oo
OH THK PRB-KHPTIOV BIU.. 445
which a general political battle 18 fought, to the exdniiion of all im-
portant public business. There is some truth in the charge ; and, if
it be wrong, who ought to be held responsible for it ? Clearly thooe
to whom the administration of the government has been entrusted,
and who have majorities in both Houses of Congress. What hat
been the engrossing subject of this session } The permanent pre-
emption bill. Who introduced it, and why was it introduced ? Not
my friends but the Senator's. And it has been brought up when
there is an operating pre-emption law in existence which has a long
time to run. After the debate had been greatly protracted, and after
one administration Senator had notified the officers of the chamber
that they might get their lamps in order, and another had declared
that they were leady to encamp on the ground until the bill waa
passed, why has the debate been permitted to continue weeks longer,
without explanation, and to the surprise of every one on this side of
the Senate ? Why has more th^p half the session been consumed
with this single and unnecessary subject ? I would ask that Senator,
who assumes the right to lecture us all, why he concurred in pres^
ing on the Senate this uncalled for measure } Yes, sir, my wont
fears are about to be realized. Nothing will be done for the country
during this session. I did hope that, if the party in power would not,
in some degree, atone for past misdeeds during the remnant of their
power, they would at least give the new administration a fair trial,
and forbear all denunciation or condemnation of it in advance. Bat
has this been their equitable course ? Before the new President hat
entered upon the duties of his office, gentlemen who have themselves
contributed to bring the country to the brink of ruin, (they will par^
don me for saying it, but the truth must be spoken^) these very gen-
tlemen are decrying beforehand those measures of the coming admin-
istration which are Indispensable, and which they must know to be
indispensable, to restore the public happiness and prosperity ! Tha
honorable Senator in my eye, (Mr. Wright,) said, in so many wordi
that he meant to condemn this measure of dbtribution in adva nee.
[Mr. Wright shook his head.]
I have taken down the Senator's words, and have them here on
my notes.
[Mr. Wrioht. If the honorable Senator will permit me, I will tell him what I
■aid. I said that the course ot his friends had forced the consideration of this
measure on us in advanve.'^
446 mscan of hbtrt clat.
Forced it on them in advance ! How ? Projects to sqaander the
public domain are brought forward by friends of the administration,
in the form of a graduation bill, by which fifty millions in valae of a
portion of it would have been suddenly annihilated : preemption
oills, cessions to a few of the States of the whole within their limits-
Under these circumstances, my colleague presents a conservative
measure, and proposes, in lieu of one of these wasteful projects faj
way of amendment, an equitable distribution among all the States of
the avails of the public lands. With what propriety then can it be
■aid that we, who are acting solely on the defensive, hAve forced the
measure upon our opponents ? Let them withdraw their bill, and 1
will answer for it that my colleague will withdraw his amendmenti
and will not, at this session, press any measure of distribution. No,
air, no. The policy of gentlemen on the other side, the clearly de*
fined and distinctly marked policy, is, to condemn, in advance, those
measures which their own sagacity enables them to perceive that the
new administration, faithful to their own principles and to the best
interests of the country, must bring forward to build up once more
the public prosperity. How, otherwise, are we to account for oppo-
sition, from leading friends of the administration, to the imposition of
duties on the merest luxuries in the world ? It is absolutely neces-
suy to increase the public revenue. That is incontestable. It can
only be done by the imposition of duties on the protected articles, or
on the free articles, including those of luxury ; for no/One, 1 believe,
in the Senate, dreams of laying a direct tax. Well ; if duties were
proposed on the protected articles, the proposition would instantly be
denounced as reviving a high tariff. And when they are proposed
on silks and wines. Senators on the other side raise their voices ia
opposition to duties on these articles of incontestable luxury. These,
moreover, are objects of consumption chiefly with the rich, and they,
of course, would pay the principle part of the duty. But the exemp-
tion of the poor from the burden does not commend the measure to
the acceptance of the friends of this expiring administration. And
yet they, sometimes, assume to be guardians of the interests of the
poor. Guardians of the poor ! Their friendship was demonstrated
at a former session by espousing a measure which was to have the
tendency of reducing wages, and now they put themselves in oppo-
sition to a tax which would benefit the poor, and fall almost exda-
nvely on the rich.
OV THE PEl-KKPTIOlf MLU 447
I will not detain the Senate now by dwelling on the ruinous stats
of the trade with France, in silks and wines especially, as it is now
carried on. But I cannot forbear observing, that we import from
France and her dependeificies thirty-three millions of dollars annuallji
whilst we export in return only about nineteen millions, leaving a
balance against us, in the whole trade, of fourteen millions of dollars ;
and, excluding the French dependencies, the balance against us in
the direct tradfe, with France, is seventeen millions. Yet gentlemen
say, we must not touch this trade ! We must not touch a trade with
such 0 heavy and ruinous balance against us — a balance, a large party
if not the whole« of which is paid in specie. 1 have been informed,
and believe, that the greater part of the gold wnich was obtained from
France under the treaty of indemnity, ana which, during General
JacksoD^s administration, was with so much care and parade intro*
duced into the United States, perhaps under the vain hope that it
would remain here, in less than eighteen months was re-exported to
France in the very boxes in which it was brought, to liquidate our
commercial debt. Yet we must not supply the indispensable wants
of the treasury by taxing any of the articles of this disadvantageous
commerce ! And some gentlemen, assuming not merely the guar-
dianship of the poor, but of the south also, (with about as much fi-
delity in the one case as iu the other,) object to the imposition of du-
ties upon these luxuries, because they might affect somewhat the
trade with France in a Southern staple. But duties upon any for-
eign imports may affect in some small degree, our exports. If the
objection, therefore, be sustained, we must forbear to lay any imposts,
and rely as some gentlemen are understood to desire, 6n direct taxes.
But to this neither the country nor Congress will ever consent. We
have hitherto resorted mainly, and I have no doubt always will re-
sort, to our foreign imports for revenue. And can any objects be
selected with more propriety than those which enter so largely into
the consumption of the opulent ? It is of more consequence to the
community, in the consideration of duties, who consumes the articles
charged with them, and consequently, who pays them, than how the
dutied articles are purchased abroad. The South is the last place
from which an objection should come on the score of disproportionate
eonsumption. I venture to assert that there is more champaign wine
consumed in the Astor House in the city of New York, in one year,
than in any State south of the Potomac. Our total amount of io»-
ports last year was one hundred and fiwr millions of dollars. De*
448 SPIKCHtt OP Mnbt clat.
daciing the free articles, the amount of goods suoject to datj
probably not more than between fifty and sixty millions. Now, if
we are to adhere to the compromise of the tariff, which it is my wish
to be able to do, but concerning which I have remarked lately a por^
tentous silence on the part of some of its professing friends on the
other side, it will be recollected that the maximum of any duty to be
imposed is twenty per cent, after June 1S42. It would not be safe
to assume our imports in future of articles that would remain for
consumption, and not be re-exported, higher than one hundred mil*
lions, twenty per cent, on which would yield a gross rewenue annu-
ally of twenty millions. But I think that we ought not to estifnate
our imports at more than ninety millions ; for, besides other causei
that must tend to diminish them, some ten or twelve millions of oar
exports will be applied annually to the payment of interest or prinei*
pal of our state debts held abroad, and will not return in the form of
imports. Twenty per cent, upon ninety millions would yield a groa
revenue of eighteen millions only. Thus it is manifest that there
must be additional duties. And I think it quite certain that the
Amount of necessary revenue cannot be raised without going up to
the limit of the compromise npon all articles whatever which, by its
terms, are liable to duty. And these additional duties ought to ba
laid now, forthwith, clearly before the close of the session. The
reyenue is now deficient, compelling the administration to resort to
the questionable and dangerous use of treasury notes. Of this deS-
cient revenue, there will go off five millions during the next sessida
of Congress, according to the estimate of the Secretary of the Trea-
sury, two ana a half millions on the 3l8t December, 1841, and two
and a half millions more on the 30lh June, 1S42. This reductiot
takes place under that provision of the compromise act by which one
half the excess of all duties beyond twenty per cent, is repealed oi
the last day of this year, and the other moiety of that excess on the
last day of June, 1S42. Now, if Congress does not provide for tha
great deficiency in the rejyenue prior to the close of the present ses-
sion, how is it possible to provide for it in season at the session whidi
begins on the first Monday in December next ? No great change it
the customs ought to be made without reasonable notice to the me^
chant, to enable him to adapt his operations to the change. How ii
it possible to give this notice, if nothing is done until the next regv-
lar meeting of Congress ? Waiving all notice to the merchant, and
adverting merely to the habits of Congress, is it not manifest that w
I
Off THB nUfi-BHPTIOff BILL. 449
rerenue bill can be passed by the last day of December, at a session
commeocing on the first Monday of that month ? How, then, can
gentlemen who have, at least the temporary posisession of the gcvem-
ment, reconcile it to duty and to patriotism to go home and leave it
in this condition r I heard the Senator from Pennsylvania, (Mr.
Buchanan,) at the last session, express himself in favor of a duty on
wines and silks. Why is he now silent ? Has he, too, changed his
opinion ?
[Mr. BucHAiTAy. I have changed none of my opinions on the subject.]
I am glad, most happy, to hear it. Then the Senator ought to
unite with us in the imposition of duties suflicient to produce an ade-
quate revenue. Yet his friends denounce, in advance, the idea of
imposing duties on articles of luxury ? They denounce distribution !
They denounce an extra session, after creating an absolute necessity
for it ! They denounce all measures to give us a sound currency but
the Sub-Treasury, denounced by the people ! They denounce the
administration of President Harrison before it is commenced ! Part*
ing from the power of which the people have stript them, with regret
and reluctance, and looking all around them with sulliness. they re-
fuse to his administration that fair trial which the laws allow to
every arraigned culprit. I hope that gentleman will reconsider thif
course, and that, out of deference to the choice of the people, if not
from feelings of justice and propriety, they will forbear to condemn
before they have heard President Harrison^s administration. If gen-
tlemen are for peace and harmony, we are prepared to meet them in
a spirit of peace and harmony, to unite with them in healing tho
wounds and building up the prosperity of the country. But if they
are for war, as it seems they are, 1 say, '^ Lay on, Macduff."
One argument of the honorable Senator who has just taken his
•eat, (Mr. Wright) I wish to detach from the residue of his speech,
that 1 may, at once, put it to sleep forever. With all his well known
ability, and without meaning to be disrespeetful, I may add, with all
bis characteristic ingehuity and subtlety, he has urged that if yoa
distribute the proceeds of the public lands, you arrogate to yourselvee
the power of taxing the people to raise money for distribution among
the States ; that there is no difference between revenue proceeding
from the puUic landi and KTenoe fipom the customs \ and that theiv
460 SPRBCHBt OP HEHftT OLAT.
10 nothing in the constitution which allows you to lay duties on im-
ports for the purpose of making up a deficiency produced by distri*
buiing the proceeds of the public lands.
I deny the position, utterly deny it, and I will ' refute it from the
express language of the constitution. From the first, 1 have been of
those who protested against the existence of any )K>wer in this go-
vernment to tax the people for the purpose of a subsequent dtstribu-
tion of the money among the States. 1 still protest against it. There
exists no such power. We invoke the aid of no such power in main-
tenance of the principle of distribution, applied to the proceeds of the
sales of the public domain. But if such a power clearly existed,
there would not be the slightest ground for the apprehension of its
exercise. The imposition of taxes is always an unpleasant, sometimes
a painful duty. What government will ever voluntarily incur the
odium and consent to lay taxes, and become a tax-gatherer, not to
have the satisfaction of expending the money itself, but to distribute it
among other governments, to be expended by them ? But to he
constitution. Let us see whether the taxing power and the land
power are, as the argument of the Senator assumes, identical and the
same. What is the language of the constitution ?
"The Congress Rhall hava power to lay and collect taxcB, daiies, impo«(te and
•xoiaca, top Iff the debti ami provide for the common difenn and general we'/ure ef
thit United States ; but all duties, iuipobtu und exci.es bhuJl be uuiform throughoiit
the United States.*'
Here is ample power to impose taxes ; but the object for which
the money is to be raised is specified. There is no authority what-
ever conveyed to raise money by taxation, for the purpose of subse-
quent distribution among the States, unless the phrase '^ general wel-
fare" includes such a power. The doctrine, once held by a party upon
whose principles the Senator and his friends now act, in relation to
the Executive Department, that those phrases included a grant of
power, has been long since exploded and abandoned. They bi« now,
by common consent, understood to indicate a purpose, and not to
Test a power. The clau^ of the constitution, fairly construed aod
understood, means that the taxing power is 'to be exerted to raise
money to enable Congress to pay the debts and provide for common
defence and general welfare. And it is to provide for the general
welfare, in any exigency, by a fair exercise of the powers granted ia
the constitution. The Republican party of 1798, in whoee sdiool I
Oir TRB PBlF-XHPTIOir BILL. 461
was brought up, and to whose rules of interpretingthe constitution I
have ever adhered, maintained that this was a limited government ;
that it had no powers but granted powers, or powers necessary and
proper to carry into effect the granted powers ; and that, in any given
instance of the exercise of power, it was necessary to show the spe-
cific grant of it, or that the proposed measure was necessary and
proper to carry into effect a specifically granted power or nowers.
There is then, I repeat, no power or authority in the general go-
vernment to lay and collect taxes in order to distribute the proceeds
among the States. Such a financial project, if any adminiatratioD
were mad enough to adopt it, would be a flagrant usuri)ation. But
how stands the case as to the land power ? There is not in the whole
constitution a single line or word that indicates an intention that the
proceeds of the public lands should come into the public treasury to
be used as a portion of the revenue of the government. On the con*
trary, the unlimited grant of power to raise revenue in all the forms
of taxation, would seem to manifest, that that was to be the source
of supply, and not the public lands. But the grant of power to Con-
gress over the public lands in the constitution is ample and compre-
hensive.
** The Congress pliall have power to difipose of and make all needful rules and
regalations renpectin^ the territory or other property belonging to the United States. S
This is a broad, 'unlimited, and plenary power, subject to no restric-
tion .other than a sound, practical, and statesmanlike discretion, to be
exercised by Congress. It applies to all the territory and properly
of the United States, whether acquired by treaty with foreign pow-
ers, or by cessions of particular States, or however obtained. It can-
not be denied that the right to dispose of the territory and property
of the^ United States, includes a right to dispose of the proceeds of
their territory and property, and consequently a right to distribute
those proceeds among the States. If the general clause in the con-
stitution allows and authorizes, as I think it clearly does, distribution
among the several States, I will hereafter show that the conditions
on which the States ceded to the United States can only now receive
their just and equitable ful^lment by distribution.
The Senator from New York argued that if the power contended
fiNT, to dispoee of the territory nd property at the United Statee, dr
453 sPKBcait OP henrt clat.
their proceeds, existed, it would embrace the national ships, public
buildings, magazines, dock-yards, and whatever else belonged to the
government. And so it would. There is not a doubt of it \ but
when will Congress ever perpetrate such a folly as to distribute this
national property ? It annually distributes arms, according to a fixed
rule, among the States, wilh great propriety. Are they not pioperty
belonging to the United States ? To whose authority is the use of
them assigned ? To that of the States. And we may safely con-
clude, that when it is expedient to distribute. Congress will make
distribution, and when it is best to retain any national property, un-
der the common authority, it will remain subject to it. 1 chaJleoge
the Senator, or any other person, to show any limitation on the pow^
of Congress to dispose of the territory or property of the United
States or their proceeds, but that which may be found in the terms
of the deeds of cession, or in a sound and just discretion. Come on ;
who can show it } Has it not been shown that the taxing power, by
•pecificalion of the objects for which it is to be exercised, excludes
all idea of raising money for the purpose of distribution ? And that
the land power places distribution on a totally different footing ? That
DO part of the proceeds of the public domain compose necessarily, or
perhaps properly, a portion of the public revenue ? What is the
language of the constitution } That to pay the dtbts, provide for the
common defence and general welfare of the United States, you may
take the proceeds of the public lands ? No, no. It says, for these
ends, in other words, for the conduct of the government of the Union,
you shall have power, unlimited as to amount and objects, to lay
taxes. That is what it says ; and if you go to the constitution, this
is its answer. You have no light to go for power anywhere else.
Hereafter, I shall endeavor further to show that, by adopting the
distribution principle, you do not exerci.se or affect the taxing power;
that you will be setting no dangerous precedent, as is alledged ; and
that you will, in fact, only pay an honest debt to the States, too long
withheld from them, and of which some of them now stand in the
greatest need.
In the opposition to distribution, we find associated together the
friends of pre-emption, the friends of graduation, and the friends of a
cession of the whole of the public lands to a few of the States. In*
atead of reproaching us wilh a want of constitutional power to make
an equitable and just diatribulioD of the proceeds of the sales of the
ON THE PRR-KMPTrON BILL. 453
public lands among all the States, they would do well to point to the
constitutional authority or to the page iu the code ofjustice by which
their projects are to be maintained. But it is not my purpose now
to dwell on these matters. My present object is with the argument
of the Senator from New York, and his friends, founded on financial
considerations.
All at once, these gentlemen seem to be deeply interested in tbQ
revenue derivable from the public lands. Listen to them now, and
you would suppose that heretofore they had always been, and here-
after would continue to be, decidedly and warmly in favor of carefully
husbanding the public domain, and obtaining from it the greatest
practicable amount of revenue, for the exclusive use of the general
government. You would imagine that none of them had ever es-
poused or sanctioned any scheme for wasting or squandering the pub-
lic lands ; that they regarded them as a sacred and inviolabU^ fund,
to be preserved for the benefit of posterity as well as this generation
It is my intention now to unmask these gentlemen, and to hhow thaf
their real system for the administration of the public lands embraces
no object of revenue, either in the general government or the States ;
that their purpose is otherwise to dispose of them ; that the fever for
revenue is an intermittent, which appears only when a bill to distri-
bute the proceeds equally among all the States is pending ; and that,
as soon as that bill is got rid of gentlemen relapse into their old pro«
jects of throwing away the public lands, and denouncing all objects
of revenue from the public lands as unwise, illiberal, and unjust to-
ward the new States. I will make all this good by the most incon*
trovertible testimony. 1 will go to the very highest {luthority in the
dominant party during the last twelve years, and from that I will
come down to the honorable Senator from New York and other nienw
bers of the party. (I should not say come down ; it is certainly not
descending from the late President of the United States to approach
the Senator from New York. If intellect is the standard by which
to measure elevation, he would certainly stand far above the measure
of the Hermitage.) I will show, by the most authentic documents,
that the opponents of distribution, upon the principle now so urgently
pressed, of revenue, are no bonafide friends of revenue from the pub-
lic lands. I am afraid I shall wsAfy the Senate, but I entreat it to
bear patiently with me^ while 1 retrace the history of this measure of
d^tribation.
•DD
454 sP£EcnES of henut clay.
You will rocolloct, sir, lliat some nine or ten years ago the subject
of the public lands, by one of the most singular associations that was
ever wilnesstrd, was refiTred to the committee on manufactures, by
one of the strangest parliamentary manoeuvres that was ever prac-
tised, for no other purpose than to embarrass the individual who now
has the honor to address you, and who happened at that time to be
a member of that committee. It was in vain that I protested against
the reference, showed the total incongruity between the manufactures
of the country and the public lands, and entreated gentlemen to spare
us, and to spare themsclvi'S the reproaches which such a forced and
unnatural connection would bring upon them. It was all to no pur-
pose; the subject was thrown upon the committee on manufactures,
in other words, it was thrown upon me ; for it was well known that
although among my colleagues of the con)mittoe there might be those
who were my superiors in other respects, owing to my local position,
it was supposed that I possessed a more fatTiiliar knowledge with the
public lands than any of them, when, in truth, mine was not con-
siderable. There N^as another *more weighty motive with the mt-
jority cf the Senate for devolving the business on me. The zeal, and
perhaps too great partiality of my friends, had, about that time^ pre-
sented my name for a hi^h oGTice. And it was supposed, that no
measure, for permanently settling the question of the public lands,
could emanate from me, that would not affect injuriously my popu-
larity either with the new or the old States, or with both. 1 ft»lt the
embarrassment of the position in which 1 was placed ; but 1 resolved
not to sink under it. I pulh^d off my coat and went hard to work.
I manufactured the measure for distributing equitably, in just propor-
tions, the proceeds of the public lands among the peveral States
When repoited from the committee, its reception in the Senate, in
Congress, and in the coumry, was triumphant. I had every reason
to be satisfied with the result of my labors, and my political oppo-
nents had abundant cause for bitter regrets at their indiscretion in
wantonly throwing the subject on me. The bill passed the Senate,
but was not acted upon in the House at that session. At the suc-
ceeding session it passed both Houses. In spite of all those party
connexions, which are, perhaps, the strongest ties that bind the hu-
man lace, Jackson men, breaking loose from party thraldom, united
with anli-Jackson men, and voted tKe bill by overwhelming uiajori-
ties in both Houses. If it had been returned by the Presid«»Dt, it
would have passed both bouses bv.coDslitutiooal majorities, bif vetA
OK THS PM-EKPTION BILL. 456
notwithstanding. But it was a measure suggested, although not
voluntarily, by an individual who shared no part in the President's
counsels or bis aS*ections ; and although he had himself, in his annual
message, recommended a similar measure, be did not hesitate to
change his ground in order to thwart my views. He knew, as I have
always believed and have understood, that if he returned the bill, at
by the constitution he was bound io do, it would become a law, by
the sanction of the requisite majorities in the two Houses. He re-
solved, therefore, upon an arbitrary course, and to defeat, by an irre-
gular and unprecedented proceetling, what he could not prevent by
reason and the legitimate action of the constitution. He resolved not
to return the bill, and did not return it to Congress, but pocketed it !
I proceed now to the documentary proof which I promised. In hia
annual nnessage of Decc^mber 4, 1832, President Jackson says :
•• Provioni* to th** formjition of O'lr ptvA-nt rnn*tituTion, it wa« irrommendi^d by
Consretv thHt a portion of the* waste iamls owned by the Sttitet*, tihoul'l be ceded to
the Uuited ."^Mtes f<ir th'* purpo.'rs of Reneml harmony, and em a fund to meet the
«xppn«*»a n( tlie war. Thr rerommendiition wns adopted, nnd at HirtVrpni periods
of tim-, the ?=t«te? of MaPsnchns<Mt4, N«*w York, and Vjni^inid, North and South
Carolim, nnd C^onri.i, ^niniftl their varairt Foil for the nwB for whieh they had
been ntkf'd. Ah tlie lands may now he considered as relieved from ibis pl<>(lge, the
object for which th'*y wrre coded hiivini; hi-en accomplished, it is in the discrrrioa
of Confn^Bsto di-'po.«e of tbcni in mich :i whv as l^cht to conduce to the quiet, har-
mony, Jind K^'n'-ral intereM of the American people,** «kc. " It Begins to me to be
O'lr true policr that the public landd shall cease as soon us praeticable to be a Bourse
of revenue," Sec. •
Thus, in Deceml)er, 1832, President Jackson was of opinion, first,
that the public lands were released from the pledge of them to the
expenses of the revolutionary war. Secondly, that it was in the
power of Congress to dispose of them according to its discretion, in
such way asi best to conduce to the quiet, harmony, and general in-
terest of the American people. And, thirdly, that the public lands
should cease as soon as practicable to be a source of revenue. So
far from concurring in the argument, now insisted upon by hisfriends^
for the sole purpose of defeating distribution, that the public lands
should be regarded and cherished as a source of revenue, was clearly
of opinion that they should altogether cease to be considered as a
source of revenue.
The mcSsure of distribution was reported by me from the commit-
tee on manufactures, in April, 1832, and what was done with it ?
The same majority of the Senate which had so'Strangely discovered
I eongeniality. between Amrisia tnMwifantarci and the paUic laads,
466 iPBBCBis or hbitrt clat.
instead of acting on the report, resolved to refer it to the cominitfae
on public lands, of which the Senator from Alabama, (Mr. King)
chairman ; thus exhibiting the curious parliamentary anomaly of
ferring the report of one standing oommitlee to another standing com-
mittee. The chairman, on the 18th May, made a report, from which
many pertinent extracts might be made, but I shall content myself
With one :
" This cominittee turn with confidence from the land ofSces to the cuttom hovit
and sav, here ar*f the true sources of Fedenil revenue ! Give lundi* to the cultivator
And tell him to keep hia money, and lay it out io their cultivation !'*
Now, Mr. President, bear in mind that this report, made by the
Senator from Alabama embodies the sentiments of his party ; that the
measure of distribution which came from the committee on manufac-
tures, exhibited one system for the administration of the public lands,
and that it was referred to the committee on public lands, to enable
that committee to make an argumentative report against it, and to
present their system — a counter or antagonist system. Well, this
eounter system is exhibited — and what is it ? Does it propose to re«
tain and husband the public lands as a source of revenue ? Do we
hear any thing from that comtnitte about the wants of the exchequer
end the expediency of economizing and preserving the public lands to
'supply them ? No such thing. No such recommendation. On the
contrary, we are deliberately told to avert our eyes from the land
offices, and to fix them exclusively on the custom houses, as the true
eources of federal revenue ! Give away the public lands, was the
doctrine of that report. Give it to the cultivator, and tell him to
keep his money ! And the party of the Senator from New York,
from that day to this, have adhered to that doctrine, except at occa-
sional short periods, when the revenue fit has come upon them, and
they have found it convenient, in order to defeat distribution, to
profess great solicitude for the interests of the revenue. Some of
them, indeed, are too frank to make any such profession. I should
be glad to know from the Senator from Alabama if he adheres to the
the sentiments of his report of 1832, and still thinks that the custom
houses, and not the land offices, are the true sources of fedef»l
revenue.
(Mr. Kuio here nodded aaent.]
I expected it. This resvowel Im hoiionUe to the candor and in-
ov TBB ns*iiirriozr biu.. 4fi7
dependence of the Senator/ He does not go, then, with the revenua
arguers. He does not go with the Senator from New York, who
speaks strongly in favor of the revenue from the public lands, and
voles for every proposition to throw away the public lands. During
the whole progress of the bill of distribution through the Senate, as
hr as their sentiments were to be inferred from their votes, or were
to be known by the positive declarations of some of them, the party
dominant then and now acted in conformity with the doctrines con-
tained in the report of their organ, (Mr. King.) Nevertheless, the
bill passed both Houses of Congress by decisive majorities.
Smothered, as already stated by President Jackson, he did not re-
turn it to the Senate until the 4th of December, 1833. With it
came his memorable Veto message— one of the most singular omni-
busses that was ever beheld — a strange vehicle that seemed to chal-
lenge w( nder and admiration on account of the multitude of hands
evidently employed in its construction, the impress of some of them
smeared and soiled as if they were fresh from the kitchen. Hear how
President Jackson lays down the law in this message :
*' On the whole, I adhere to the opinion exr>reflBed by me in my annual mesBag*
of IS32, that it is our true policy that the public lands fchall cease, as soon as rameti-
cable, to be a source of revenue, except for the p«ymenr of those geneml charges
which grow out of the acquisitioo of the lands, their survey and sale.** ** I do not
doubt thntit is the real interest of each and all the States in the Union, and partico-
larlv oftho new States, that the price of these lands shall be reduced and graduated ;
and that after they have been oli'ered fur a certain number of yean*, the refuse, re-
maining unsold, shall be abandoned to the States, and the machinery of our luid
sytitem entirely withdrawn.**
These are the conclusions of the head of that party which has been
dominant in this country for twelve years past. I say twelve, for the
last four have been but as a codicil to the will, evincing a mere con-
tinuation of the same policy, purposes, and designs with that which
preceded it. During that long and dismal period, we all know too
well that the commands of no major-general were ever executed with
more implicit obedience than were the orders of* President Jackson,
iff, if you please, the public policy as indicated by him. Now, in
this message, he repeats, that the public lands should cease to be a
source of revenue, with a slight limitation as to the reimbursement of
the charges of their administration ; and adds that their price should
be reduced and graduated, and what he terms the refuse land, should
be ceded to the states within which it is situated. 6y-the-by, these
refuse lands, according to statements which I have recently seen from
498 BFncHU or nnniT clay.
the land office, have been the source of nearly one half-— upwards of
forty millions of dollars — of all the receipts from the public lands,
and that too, principally, since the dale of that veto message !
It is perfectly manifest^ that the consideration of revenue, now
earnestly pressed upon us by the friends of General Jackson, was no
object with him in the administration of the (!)ublic lands, and that it
was his policy, by reduction of the price, by graduation, by pre-emp-
tions, and by ultimate cessions, to get rid of them as soon as practi-
cable. We have seen that the committee on the public lands add his
party coincided with him. Of this, further testimony is furnis^hed in
the debates, in the early part of the year 1S38, which took place on
the distribution bill. Mr. Kane, of Illinois, (a prominent administra-
tion Senator,) in that debate, said :
' Should any further excuse hp demanded for renewing again this discaaBion, I re-
to the DieaMge of the President of the United States at the commencemem of
(C
the present seebion, which, a|>un a comprehens'ive view ol ibe general stibcytaniial in-
teveatB of the confederacy, has, for the fintt time on the purt of any Executive Ma-
gistrate of fhis country, decliiri-rj • ' It seems to mc, (says the President,) to be mr-
irue policy that the public lands thaU rrase a» won at jtracticallt to be a gourcf ofreccnw.-^
and that they hho'ild be sold to 8#*ttlerB ia limited parcels, at a price harely sufficiei i
to reimbur!*e :he United StHtet* the expense of the present system, and the cost ariaiA f
under our Indian treaties,* " &c.
Mr. Buckner, (an administration Senator from Missouri,) also rft*
fen to the same message of President Jackson, with approbation and
recommendation. His colleague, (Mr. Benton,) in alluding, on that
occasion, to the same message, says :
" The President was right. His views were wise, patriotic, and statesmanlike.**
" He had miide it clear, as he hop^d and believed, that the President's plan was
right — that all idea of profit from the lands ought to be given up,'* &c.
I might multiply these proofs, but there is no necessity for iL Why
go back eight or nine yt^ars } We need only trust to our own ears,
and rely upon what we almost now daily hear. Senators from the
new States frequently express their determination to wreat from this
government the whole of the public lands, denounce its alledged iU
liberalily, and point exultingly to the strength which the next census
is to bring to tlteir policy. It was but the other day we heard the
Senator from Arkansas, (Mr. Sevier) express some of th«>se senti-
ments. What were we told by that Senator ? " We will have the
public lands. We must have them, and we will take them in a few
years."
tMr.Ssvm. So We will.}
ON THE PRE-EMPTION BILL- 469
Hear him ! Hear him ! He repeats it. Utters it in the ears of
the revenue-pleading Senator (Mr. Wright) on my left. And yet he
will vote againiit distiihution. I will come now to a document of
more recent origin. Here it is — the work nominally of the Senator
from Michigan, (Mr. Ijforvell,) but 1 take it from the internal evi-
dence it bears, to be the production of the Senator from South Caro-
lina, over the way, (Mr. Calhoun. ^ The report, in favor of cessioO|
proposes to cede to the States, within which the public lands are
situated, one-third, retaining, nominally, two-thirds to the Union.
Now, if this precedent of cession be once established, it is manifest
that it will be applied to all new States, as they are hereafter suc-
cessively admitted into the Union. We begin with ceding one-third ;
we shall end in granting the whole.
(Mr. CALnoujr asked Mr. Clat to read the portions of the report to which he
tliuded.]
I should be very glad to accommodate the Senator, but I should
have to read the whole of his report, and I am too much indisposed
and exhausted for that. But I will read qfie or two paragraphs :
" It bf^Ions^ to thf* nature of things that the old and new States should take difler*
eBt views, h«vp diHVrent feelings, and favor a ditTereni poorsc of policy in reference
to the lands within their limits. It is natural for the one to regard them chiefly «■
a source of revenue, and to estimate th -m according to the amount of incotne an-
nually derived from ihem ; white the other as naturally regards them, almost ezcla-
nvely, as a portion of their dum lin, and as the foundation of their (copulation, wealth,
power and importance. They have more emphatically the feelmgs of ownership,
accompanied by the iniuression thit they ought to have the principal control^hnd toe
greater share of benenls derived from them." " To sum up the whole in a few
words:— ** Of all subjects of legislation, land is that which more emphatically re«
quires a local superintendence and administration ; and, therefore ought pre-emi-
nentlv to belong, under our system, to State legislation^ to which this bill propoee*
to subject it exclusively in the new States, as it has always been in the old."
It must be acknowledged that the nev/ States will fmd some good
reading in this report. What is the reasoning ? That it is natural
for the old States to regard the public lands as a source of revenue,
and as natural for the new States to take a different view of the mat-
ter ; ergo, let ua give the lands to the new States, making them, of
course, cease any longer to be a source of revenue. It is discovered,
loo, that land is a subject which emphatically requires a local super-
intendence and administration. It therefore proposes to subject it
exclusively to the new States as (according to the assertion of the
report) it always has been in the old. The public lands of the United
States, theoretically, have been subject to the joint authority of the
'460 fPUCHES OP IIKNBY CLAT.
two classes of States, in Congress assembled, but, practically, hav*
been more under the control of the members from the new States
than those from the old. I do not think that the hizitory of the ad-
ministration of public domain in this country sustains the assertion
that the States have exhibited more competency and wisdom for tht
management of it than the general government.
t
I stated that I would come down (I should have said go op) from
the late President of the United States to the Senator from NewTork.
Let us see what sort of notions he had on this matter of revenue from
the public lands, when acting in his character of Chairman of the
Committee of Finance, during this very session, on another bill. —
There has been, as you are aware, jsir, before the Senate, at times,
during the last twelve or fifteen years, a proposition for the reductioD
of the price of the public lands, under the imposing guise of ^^ gra-
duation." A bill, according to custom, has been introduced during the
present session for that object. To give it ec/a/, and as a matter of
form and dignity, it was referred to the Committee of Finance, of
which the honorable Senator from New York is the distinguished
chairman ; the same gentleman who, for these two days, has been
defending these lands from waste and spoliation, according to the
scheme of distributing their proceeds, in order to preserve them as a
fruitful source of revenue for the general government. Here was a
fine occasion for the display of the financial abilities of the Senator.
He and his friends had exhausted the most ample treasures that any
administration ever succeeded to They were about retiring; from
office, leaving the public cofiers perfectly empty. Gentlemanly con*
duct toward their successors, to say nothing of the duties of office or
of patriotism, required of them to do all in their power — lo pick up
and gather together, whenever they could, any means, however scat-
tered or little the bits might be — to supply the urgent wants of the
treasury. At all events, if the financial skill of the honorable Sena-
tor was incompetent to suggest any plan for augmenting the public
revenue, he was, under actual circumstances, bound, by every con-
sideration of honor and of duty, to refrain from espousing or sanc-
tioning any measure that would diminish the national income.
Well ; what did the honorable Senator do with the graduation
bill? — a bill whioh, T assert, with a single stroke of the pen, by a
ihoit process, consummated in April, 1842, annihilates fifty mil lions
oil THB MB-tMPTION BILt. 401
of dollars of the avails of Ihe public lands ! What did the Senator do
^ith this bill, which takes off fifty cents from the very moderato
price of one dollar and a quarter per acre, at which the public landa
are now sold ? The bill was in the hands of the able Chairman of
the Committee of Finance, some time. He examined it, no doubt,
carefully, deliberated upon it attentively and anxiously. What re>
port did he make upon it? If uninformed upon the subject, Mr.
President, afier witnessing, during these two days, the patriotic soli-
citude of the Senator in respect to the revenue derivable from the
public lands, you would surely conclude that he had made a decisive
if not indignant refxirt against the wanton waste of the public landa
by the graduation bill. I am sorry to say, that he made no such re^
port. Neither did he make an elaborate report to prove that, by
taking off fifty cents per acre of their entire value, the revenue would
be increased. Oh no ; that was a work he was not prepared to com-
mit even to his logic. He did not attempt to prove that. But what
did he do ? Why sin: ply presented a verbal compendious report, r^
commending that the bill do pass ! And yet that Senator can rise here
— in the light of day — in the face of this Senate — in the face of hit
country, and in the presence of his God — and argue for retaining and
husbanding the public lands, to raise revenue from them !
But let us follow these revenue gentlemen a little further. By one
of the strangest phenomena in legi<ilation and logic that was ever
witnessed, these very Senators who are so utterly opposed to the dis-
tribution of the proceeds of the public lands among all the Statee,
because it is distribution, are themselves for all other sorts of distri^
butioo — for cessions, for pre-emptions, for grants to the new States to
aid them in education and improvement, and even for distribution of
the proceeds of the public lands among particular States. They are
for distribution in all conceivable forms and shapes, so long as the
lands are to be gotten rid of, to particular persons or particular States.
But when an equal, general, broad, and just distribution is proposed,
embracing all the States, they are electrified and horror-struck. Yon
may distribute — and distribute among States, too — as long as yon
please, and as much as you please, but not among all the States.
And here, sir, allow me to examine more minutely the project of
cession, brought forward as the rival of the plan of distributioB.
There are ap wards of one billkm of acres of pablic land belonging tb
)
4/32 8PEEGHM OF HIHRT GLAT.
the United States, situated -within and without the limits of the Stales
and Territories, stretching from the Atl«mtic ocean and the Gulf of
Mexico to the Pacific ; they have been ceded by seven of the old
thirteen States to the United States, or acquired by treaties with for-
eign powers. The Senator from South Carolina (Mr. Calhouo) pro-
poses by his bill to cede one hundred and sixty million acres of this
land to the nine States wherein they lie, granting to those States 35
per cent., and reserving to the United States 65 per cent, of the pro-
ceeds of those lands.
Now what I wish to say, in the first place, is that, if you com-
mence by applying the principle of cession to the nine land State*
DOW in the Union, you must extend it to other new States, as they
shall be, hereafter, from time to time, admitted into the Union, until
the whole public land is exhausted. You will have to make similar
cessions to Wiskonsin, to Iowa, to Florida, (in two States, perhaps,
at least in one,) and so to every new State as it shall be organized
and received ? How could you refuse ? When other States to the
north and to the west of Missouri, Arkansas, Iowa, and Wiskonsin,
to the very shores of the Pacific, shall be admitted into the confed-
eracy, will you not be bound by all the principles of equality and
justice to make to them respectively similar cessions of the public
land, situated within their limits, to those which you will have made
to the nine States ? Thus your present grant, although extending
nominally to but one hundred and sixty millions of acres, virtually,
and by inevitable consequence, embraces the whole of the public do-
main. And you bestow a gratuity of 35 per cent, of the proceeds of
this vast national property upon a portion of the States, to the ex-
clusion and to the prejudice of the revolutionary States, by whose
valor a large part of it was achieved.
Will the Senator state whence he derives the power to do this ?
Will he pretend that it is to cover the expenses and charges of man-
aging and administering the public lauds ? On much the greater
part, nearly the whole of the one hundred and sixty millions of acres,
the Indian title has been extingui.shed, and they have been surveyed.
Nothing but a trifling expense is to be incurred on either of those
objects ; and nothing remains but to sell the land. 1 understand that
the total expense of sale and collection is only about two per cent
Why, what are the charges ? There is one per cent, allowed by law
Oir THE PRB-IMPTIOIf BILIm 468
to the receivers, and the salaries of the registers and receivers in each
land district, with some other inconsiderable incidental charges. Put
all together, and ihey will not amount to three percent, on the aggre-
gate of sales. Thus the Senator is prepared to part from the title
and control of the whole public domain upon these terms ! To give
thirty-five per cent, to cover an expenditure not exceeding three !
Where does he get a power to make the cession to particular Slatesi
which would not authorise distribution among all the States ? And
when he has found the power, will he tell me why, in virtue of it,
and in the same spirit of wasteful extravagance or* boundless gener-
osity, he may not give to the new States, instead of thirty-five per
cent., fifty, eighty or a hundred ? Surrender at once the whole pub-
lic domain to the new States } The percentage, proposed to be al-
lowed, seems to be founded on no just basis, the result of no official
data or calculation, hut fixed by mere arbitrary discretion. I should
be exceedingly amused to see the Senator from South Carolina rising
in his place, and maintaining before the Senate an authority in Conr
gless to cede the public lands to particular States, on the terms pro-
posed, and at the same time denying its power to distribute the pro-
ceeds equally and equitably among all the States.
Now, in the second place, although there is a nominal reservation
of sixty-five per cent, of the proceeds to the United States, in the
sequel, I venture to predict, we should part with the whole. Yoa
vest in the nine States the title. They are to sell the land and grant
titles to the purchasers. Now, what secuiity have you for the faith-
ful collection and payment into the common treasury of the reserved
sixty-five per cent. ? In what medium would the payment be made ?
Can there be a doubt, that there would be delinquency, collusidh,
ultimate surrender of the whole debt ? It is proposed, indeed to re-
tain a sort of mortgage upon the lands, in the possession of purchasers
from the State, to secure the payment to the United States of their
sixty-five per cent. But how could you enforce such a mortgage ?
Could you expel from their homes some, perhaps 100,000 settlers,
under state authority, because the State possibly without any fault
of theirs, had neglected to pay over to the United States the sixty-
five per cent. ? The remedy of expulsion would be far worse than
the relinquishment of the debt, and you would relinquish it.
There is no novelty m this idea of oeflsiMi to the new Statea. The
464 ■PBCCHBs or rkhrt cuat
form of it is somewhat varied, by the proposal oF the Senator to di-
Tide the proceeds between the new States and the United Slatea, bat
it is still substantially the samo thing — a present cession of thirty-fire
per cent., and an ultimate cession of the whole ! When the subject
of the public lands was before the committee on manufactures, it con-
aidered the scheme of cession among the other various projecta then
afloat. The report made in April, 1832, presents the views enter-
tained by the committee on that topic.
The Senator from New York has adverted, for another purpose,
to the twenty-eight millions of surplus divided a few years ago among
the States. He has said truly that it arose from the public lands.
Was not that, in efiect, distribution ? Was it not so understood at
the time ? Was it not voted for by Senators, as practical distribu-
tion ? The Senator from North Carolina (Mr. Mangum) has stated
that he did. I did. Other Senators did ; and no one, not the boldest,
will have the temerity to rise here and propose to require or compd
the States to refund that money. If, in form, it was a deposite with
the States, in fact and in truth it was distribution. So it was then
regarded. So it will ever remain. Let us now see, Mr. President,
how this plan of cession will operate among the new States them-
selves. And I appeal more especially to the Senators from Ohio.
That state has about a million and a half of inhabitants. The United
States have (as will probably be shown when the returns are publish-
ed of the late census) a population of abmt fifteen millions. Ohio,
then, has, within her limits one-tenth of the population of the United
States. Now, let us see what sort of a bargain the proposed cession
makes for Ohio.
[Mr. Allbx here interposed, to explain, that the vote he gave for Mr. Calhouv's
plan of cession to the new Slates, was on the ground of sabetituting that in pieferenot
to the plan of di^itribution among all the States.]
Oh ! ho ! — ah ! is that the ground of the Senator's vote .'
[Mr. ALLRif said he had had a choice between two evils— the amendment of the
Senator from South Carolina, and the amendment of the Senator from Keniocky ;
and it was well known on this side of the House that he took the first only aa a leas
evil than the last.]
Well, all I will say is, that that side of the house kept the secret
remarkably well. And no one better than the Senator himself.
There were seventeen votes given in favor of the plan of the Senator
OH THC PRS-SMPTION BILL. 490
from South Carolina, to my utter astonishmeot at the time. I had
flot expected any other vote for it but that of the Senator from South
Carolina himself, and the Senator from Michigan, (Mr. Norvell.) No
other did, or 1 suppose would rise and vote to cede away, without
any just or certain equivalent, more than a billion of acres of public
land of the people of the United States. If the vote of the other
fifteen Senators was also misunderstood in the same way as the Senap
tors from Ohio, I shall be very glad of it.
But I was going to show what sort of a bargain for Ohio her two
Senators, by their votes, appeared to be assenting to. There are
80t>,uu0 acres of publio land remaining in Ohio, after being culled foir
near half a century, thirty-ftve per cent, of the proceeds f>f which are
to be assigned to that State by the plan of cession. For this trifling
consideration she is to surrender her interest in 160,0 :)I),00D of acres ;
in other words, she is to give 16,000,000 (that being her tenth,) for
the small interest secured to her in the 800,000 acres. If, as 1 be*
lieve, and have contended, the principle of cession being once est»-
blished, would be finally extended to the whole public domain, then
Ohio would give one hundred millions of acres of land, (that being
her tenth part of the whole of the public lands, for the comparatively
contemptible consideration that she would acquire in the 800,000
acres. A capital bargain this, to which I supposed the two Senators
had assented, by which, in behalf of their State they exchanged one
hundred millions of acres of land against eight hundred thousand !
1 do not think that the Senator^s explanation mends the matter
much. According to that, he did not vote for cession because he
liked cession. No ! that is very bad, but, bad as it may be, it is not
so great an evil as distribution, and he preferred it to distribution.
Let us see what Ohio would get by diatribution. Assuming that the
public lands will yield only five millions of dollars annually, her pro-
portion being one-tenth, would be half a million of dollars. But I
entertain no doubt that, under proper management, in a few years the
public lands will produce a much larger sum, perhaps ten or fifteen
millions of dollam ; so that the honomble Senator prefers giving away
for a song the interest of his State, prea^tly, in 160,000,000 of acreii
and eventually in a billion, to receiving annually, in perpetuity, half
a million of dollars, with an encouraging pipapect of a large augment
^on of that sum. That is i^ notion .wliich the two Senatora &««
y
466 fPUCRis or hehbt clat.
Ohio entertain of her interest ! Go home, Messieors Senators from
Ohio, and tell your constituents of your votes. Tell them of your
preference of a cession of all their interest in the public lands, with
the exception of that inconsiderable portion remaining in Ohio, to the
reception of Ohio's fair distributive share of the proceeds of all the
public lands of the United States, now and hereafter. I do not seek to
interfere in the delicate relation between Senators and their constitu-
ents ; but 1 think I know something of the feelings and views of my
neighbors, the people of Ohio. I have recently read an exposition of
her true interests and views in the message of her enlightened go-
vernor, directly contrary to those which appear to be entertained by
her two Senators ; and I am greatly deceived if a large majoriiyof the
people of that State do not coincide with their governor.
The unequal operation of the plan of cession among the nine new
States has been, perhaps, sufficiently exposed by others. The Stato
with the smallest population get the most land. Thus Arkansas,
with only about one-fifteenth part of a population of Ohio, will rs-
ceive upwards of twenty-eight times as much land as Ohio. The
scheme proceeds upon the idea of reversing the maxim of the greatest
good to the greatest number, and of substituting the greatest good to
the Smallest number. There can be every species of partial distribu-
tion of public land or its proceeds, but an honest, impartial, straight-
forward distribution among all the States. Can the Senator from
New York, with his profound knowledge of the constitution, tell me
on what constitutional authority it is that lands are granted to the
Indians beyond the Mississippi }
[Mr. Wrioiit said that there was no property acquired, and therefore no conabnh
tional obligation applied.]
And that is the amount of the Senator's information of our Indisn
relations ! Why, sir, we pend them across the Mississippi, and put
them upon our lands, from which all Indian title had heen removed.
We promise them even the fee simple ; but, if we did not, they are
at least to retain the possession and enjoy the use of the lands until
Aey choose to sell them ; and the whole amount of our right wonU
be a pre-emption privilege of purchase, to the exclusion of all private
persons or pubUc authorities, foreign or domestic. This is the doc>
trine coevil with the colonisation of this continent, proclaimed by the
king of Qreat Britaini in his proclamation of 1763^ asserted in fbt
09 THE PBS-IMPTtON BILL. 46^
cooferences at 6hcn(, and sustained by the Supreme Court of the
United States. IS'ow, such an allotment of public lands to the In-
dians, whether they acquire the fee or a right of ]X)ssession indefinite
as to time, is equivalent to any distribution. Thus, sir, we perceive,
that all kinds of distribution of the public lands or their proceeds znay
be made — to particular States, to pre-emptioners, to charities, to ob-
jects of education or internal improvement, to foreigners, to Indian^i
to black, red, white, and grey, to every body, but among all the
States of the Union. There is an old adage according to wh^ch
charity should begin at home ; but according to the doctrines of the
opponents of distribution, it neither begins nor ends at hoQie.
[Here Mr. Clat gave way to an a(i|joarnment.]
It is not my intention to inflict upon the Senate even a recapitula-
tion of the heads of argument which 1 had the honor to address to it
yesterday. On one collateral point I desire to supply an omission aa
to the trade between this country and France. I stated the fact that,
according to the returns of imports and exports, there existed an nn*
favorable balance agiinst the United States, amountmg, exclusively
of what is re-exported, to seventeen millions of dollars ; but I omit*
ted another important fact, namely, that by the laws of France, there
18 imposed on the raw material imported into that kingdom a duty of
twenty francs on every hundred kilogrammes, equal to about two
oents per pound on American cotton, at the pn^ent market price.
Now what is the fact as to the comparative rate of duties in the two
countries ? France imposes on the raw product (which is the mere
commencement of value in articles which, when wrought, and finally
touched, will be worth two or three hundred fold) a duty of near
twenty-five per cent, while we admit free of duty, or with nominal
duties, costly luxuries, the product of French industry and taste,
wholly unsusceptible of any additional value by any exertion of
American skill or industry. In any thing I have said on this occa-
sion, nothing is further from my intention than to utter one word un-
friendly to France. On the contrary, it has been always my detire
to see our trade with France increased and extended upon terms of
reciprocal benefit. With that yiew, I was in favor of an arrange*
ment in the tariff of 1832, by which silks imported into the United
Btatea from beyond the Cape of Good Hope, were charged with a
doty of ten per cent higher fhfth thoie brought firom France nai
468 8P1BCHB8 OP HBNRT CLAT.
countries this side of the cape, especially to encourage the comznerca'
with France.
While speaking of France, allow me to make an observation, al-
though it has no immediate or legitimate connexion with any thing
before the Senate. It is to embrace the opportunity of expressing
my deep regret at a sentiment attiibuted by the public journals to a
highly-distinguished and estimable countryman of ours in another part
of the capitol, which implied a doubt as to the validity of the title of
Louis Philippe to the throne of France, inasmuch as it was neither
acquired by conquest nor descent, and raisin^; a question ab to his be-
ing the lawful monarch of the French people. It appears to me,
that aftei the memorable revolution of July, in which our illustrious
and lamented friend, Lafayette, bore a part so eminent and effectual,
and the subsequent hearty acquiescence of all France in the estab-
lishment of the Orleans branch of the house of Bourbon upon the
throne, the present king has as good a title to his crown as any of
the other sovereigns of Europe have to theirs, and quite as good as
any which force or the mere circumstance of birth could confer. And
if an individual so huutble and at such a distance as 1 am, might be
allowed to express an opinion on the public concerns of another
country and another hemisphere, I would add that no Chief Magis-
trate of any nation, amid difficulties, public and personal, the most
complicated and ap|)alling, could have governed with more ability,
wisdom and firmAess than have been displayed by Louis Philippe.
All Christendom owes him an acknowleds^ement -for his recent sue-
cessful efforts to prevent a war which would have been disgraceful to
Christian Europe — a war arising from the inordinate pretensions of
an upstart Mahometan Pacha, a rebel against his lawful sovereign
and a usurper of his lights — a war which, if once lighted up, must
have involved all Europe, and have led to consequences which it m
impossible to foresee. I return to the subject immediately before U5.
In tracing the history of that portion of our public domain which
was acquired by the war of the revolution, we should always- recol-
lect the danger to the peace and harmony among the niembem of tho
confederacy with which it was pregnant. It prevented for a long time
the ratiBcation of the articles of confederation by all the States, some
ef them refusing their asssent until a just and equitable settlement
was made of the question of the crown larxis. The argoment the/
ON THB PRE-BIIPTIOV BILL. 469
iii|^ as to these lands, in a waste and unappropriated state, was,
that they had been conquered bv the common valor, the common ex-
ertions, and the common sacrifices of all the states ; that they ought,
Ihere^re, to be the common property of all the states ; and that it
would be manifestly wrong aud unjust that the states, within whose
limits these crown lands happened to lie, should exclusively enjoy
the benetit of them. Virginia, within whose boundaries by far the
greater part of these crown lands were situated, and by whose sepa-
rate and unaided exertions on the bloody theatre of Kentucky, and
beyond the Ohio, under the direction of the renowned George Rogers
Clarke, the conquest of most of them was achieved, was, to her im-
mortal honor, among the first to yield to these just and patriotic
views, and by her magnificent grant to the Union, powerfully con-
tributed to restore harmony, and quiet all apprehensions among the
several states.
Among the objects to be attained by the cession from the states to
the confederation of these crown lands, a very important one was to
provide a fund to pay the debtk of the revolution. The Senator from
New York (Mr. Wright) made it the object of a large part of the ar-
gument which he addressed to the Senate, to show the contrary ; and
so far as the mere terms of the deeds of cession are concerned, I ad-
mit the argument was sustained. No such purpose appears on tho
face of the deeds, as far as I have examined them.
[Mr Wright here interposed, and said that he had not undertaken to nrgw. that
the ceaRions made by the States to the Union were not for the punxwe of extingaiah-
ing the public debt, bot that they were not exdosively for that purpoae.]
It is not material whether they were made for the sole purpose of
extinguishing the revolutionary debt or not. 1 think I shall be able
to show, in the progress of my argument, that, from the moment of |
adoption of the federal constitution, the proceeds of the public lands
ought to have been divided among the states. But that the payment
of the revolutionary debt was one of the objects of the cession, is m
matter of incontestable history. We should have an imperfect idea
of the intentions of the parties, if we confined our attention to the
mere language of the deeds. In order to ascertain their views, wo
must exemine contemporaneous acts, resolutions, and proceedings.
One of these resolutions, clearly manifesting the purpose I hare sta*
lad, has probably escaped the notice of ihe Senator from New York*
*EE
s
470 tPKBOHES OF HENRT CLAT.
It was a resolution of the old Congren, adopted in 1783, preoediflg
the final cession from Virginia, which was in March, 1783. Theie
bad been an attempt to make the cession as early as 1781, but, owing
to the conditions with which it was embarrassed, and other dilficol-
ties, the cession was not consammated until March, 1784. The reao*
lution 1 refer to, bears a date prior to that of the cession, and moit
be taken with it, as indicative of the motives which probably operated
on Virginia to make, and the confederation to accept, that memoraUi
grant. 1 will read it :
** Radced^ That bb a further means, at well of haateoini; the extiagDishineDt of
the debii), asofobtubli^hing the huruiony of the UnittMl States, it be recommeoded lo
the Stated which h^ve pafved no acts towarda complying with the reaolmtoDaof
CongrefetA of the <>th ot CMrptfinber and lOih of October, 17d0, relative to the ceasioa
of territorial ciaimt^, to make the liberal ceMions therein recominended, and to Uir
&atea which may have patted acta cumplyiug with the said reaolutiona in paitooly,
to revise and complete rach compliance.'*
That was one of the great objects of the ceseion. Seven of the old
thirteen states had waste crown lands within their limits ; the other
81X had none. These complained that what ought to be regarded as
property common to them all, would accrue exclusively to the seven
States, by the operation of the articles of confederation ; and, therefore,
for the double purpose of extinguishing the revolutionary debt, and
of establishing harmony among the states of the Union, the ceasioB
of those lands to the United States was recommended by Congreat.
And here let us pause for a moment, and contemplate the proposi*
lion of the Senator from South Carolina and its possible consequences.
We have seen that the possession by seven states of these public
lands, won by the valor of the whole thirteen, was cause of so much
dissatisfaction to the other six as to have occasioned a serious im-
pediment to the formation of the confederacy ; and we have seen that
to remove all jealousy and disquietude on that account, in conformity
with the recommendation of Congress, the seven States, Virginia tap
king the lead, animated by a noble spirit of justice and patriotism,
ceded the waste lands to the United States for the benefit of all the
states. Now what is the measure of the senator from South Carolina?
It is in effect to restore the discordant and menacing state of things
which existed in 1783, pripr to any cession from the states. It if
worse than that, for it proposes that seventeen states shall give «p
immediately or eventually all their interest in the public lands, lyiof
a niie states, to those nine states. JNow if the aeven stales had »-.
OH THB PRft-UIPTION BILL. 471
fosed to cede at all, tbey could at least have asserted that they fought
Great Britain for these lands as hard as the six. Tbey would have
had, therefore, the apparent right of conquest, although it was a com-
mon conquest. But the senator's proposition is to cede these public
lands from the states which fought for them in the revolutionary war,
to states that neithei fought for them, nor had existence during that
war. If the apprehension of an appropriation of these lands to the
exclusive advantage of the seven states was nigh preventing the e8-
tablishment of the Union, can it be suppofted that its security and
harmony will be unafTectcd by a transfer of them from seventeen to
nine states ? But the senator's proposition goes yet further. It haa
l>een shown that it will establish a precedent which must lead to a
cession from the United States of all the public domain, whether woa
■by the sword or acquired by treaties with foreign powers, to new
tftates as they shall be admitted into the Union.
In the second volume of the laws of the United States will be found
the act known as the funding act, which passed in the year 1790.
By the last section of that act the public lands are pledged, and
pledged exclusively, to the payment of the revolutionary debt, until
it should be satisfied. Thus we find prior (o the cession, an invitft-
Hion from Congress to the states to cede the waste lands, among other
objects, for th^ purpose of paying the public debt ; and after the cea«
lions were mftde, one of the earliest acts of Congress pledged them to
that object. So the matter stood while that debt hung over Ui.
During all that time there was a general acquiescence in the dedica^
tion of the public lands to that just object. No one thought of dia»
tarbing the arrangement. But when the debt was discharged, or
rather when, from the rapidity of the process of its extinction, it wif
evident that it would soon be discharged, attention was directed to a
proper disposition of the public lands. No one doubted the power of
Congress to dispose of them according to its sound discretion. Such
was the view of President Jackson, distinctly communicated to Con*
gress, in the message which I have already cited.
** Am the lands may now be considered as relieved from this pledge, the object for
which they were ceded having been accomplished, it is in thf> diKretion of Congress
to dispone of them in snch way as best to conance to the qniet, harmony, and gens-
lal interest of the American peuple."
Can the power of Congress to dispose of the public domam bb
wve broadly aaierted ? WhstirwIlNiii said about lereniie? TUI
473 tPBtcRvs or mEintr ciat.
it should cease to be a soarce of revenoe ! We nerer hear of the
venue argument but when the proposition is up to make an equal and
just distribution of the proceeds. When the fiivorable, but, as I re-
gard them, wild and squandering projects of gentlemen are under
consideration, they are profoundly silent as to that argument. I cone
now to an examination of the terms on which the cession was made
by the states, as contained in the deeds of cession. And f shall take
that from Virginia, because it was in some measure the model deed,
and because it conveyed by far the most important part of the public
lands acquired from the ceding states. I wilt first dispose of a pre-
liminary difficulty raised by the Senator from New York. That Se-
nator imagined a case, and then combatted it with great force. The
case he supposed was, that the senator from Massachusetts and I
had maintained that, under that deed there was a reversion to the
states, and much of his argument was directed to prove that there is
DO reversion, but that if there were, it could only be to the ceding
states. No^w neither the Senator from Massachusetts nor 1 attempted
to erect any such windmill as the Senator* from New York has ima-
gined, and he might have spared himself the heavy blows which, liks
another famed hero not less valorous than himself, he dealt upon it
What I really maintain and have always traintained is^ that, accord-
ing to the terms themselves of the deed of cession, although there it
conveyed a common property to be held for the common bene6t, thera
nevertheless is an assignnnent of a separate use. The ceded land, I ad-
mit, is to remain a common fund for all the states, to be administered
by a common authority, but the proceeds or profits were to be appro-
priated to the several states in severalty, according to a certain pre-
•eribed rule. 1 contend this is manifestly true from the words of tha
deed. What are they ?
** That all ihe liiods within the trrritorsr m> eeded to th^ United Stntefi, ttmd meH
reserved for or a|>proprittted to any of the before-mentioacd purposeit, or diapoaed of
in bonnties to the omceiB and aofdi^rs of tht* American army, shall be contidered «
eommoa fond for the use and benefit of such of the United States as have bf^cotne of
shall become, memb«*r8 of the confederation or federrtl alliance of the mid States.
Vii^nia incloaive, according to their nsoal resfiective i>ro|)ortio«i in tlie geneial
charge and expenditure, and shall be faithiully and bonafide diapooed of for that p■^
^ose, and for no other use or purpose whatsoever. "
The territory conveyed was to be regarded as an inviolable fund for
the use and benefit of such states as were: admitted or might be ad-
mitted into the Union, Viiginia ioclusive^ according to their aaiial re-
tyective proportkms in the general chafge and expenditoie. }i was
on XaS rUBrBIIPTIOH BILL. 473*
io be faithfully and bonafide adminlitere<f for that sole purpose, and
for no other purpose whatever. Where then is the authority for all
those wild, extravagant, and unjust projects, by which, instead of
administration oi the ceded territory for all the States and all the
people of the Union, it is to be granted to particular states, wasted in
schemes of graduation and pre-emption, for the benefit of the trea-
passer, the alien, and the speculator ?
The Senator from New York, pressed by the argument as to Iha
application of the fund to the separate use of the states, deduciblo
from the phrases in the deed,*' Virginia inclusive,'' said that they
were necessary, because without them, Virginia would have been
entitled to no part of the ceded lands. No ? Were they not ceded
to the United States ; was she not one of those states, and did not the
grant to them include her ? Why then were the words inserted ? Can
any other purpose be imagined than that of securing to Virginia her
separate or *' respective" proportion ? The whole paragraph can-
tiously and carefully composed, clearly demonstrates that, although
the fund was to be common, the title common, the administration
common, the use and benefit were to be separate among the several
states, in the defined {»Y>portions.
p
The grant was for the benefit of the States, '' according to their
usual respective proportions in the common charge and expenditure.''
Bear in mind the date of the deed ; it was in 1784 — before the adop*
tion of the present constitution, and while the articles of confederal
tion were in force. What, according to them, was the mode of as*
•easing the quotas of the different States towards the common charge
and expenditure ? It was made upon the basis of the value of all
the surveyed land, and the improvements, in each state. Each State
was assessed according to the aggregate value of surveyed land and
improvements within its limits. After that was ascertained, the pro-
cess of assessment lilras this : suppose there were five millions of dol-
lars required t« be raised for the use of the general government, and
one million of that five were the proportion of Virginia; there would
be an account stated on the books of the general government with
the State of Virginia, in which she would be charged with that mill-
ion. Then there would be an account kept for the proceeds of the
sales of the public lands ; and, if these amounted to five millions of
dollais als0| Virginia would be credited with one million, being bar
4174 tPBtCHB OF HnntT olat.
fiur proportion ; and Ihus tiie account would be balanced. It ia uh
necessary to pursue the process with all the other States ; this is
enough to show that, according to the original contemplation of tho
grant, the common fund was for the separate benefit of the States ;
and that, if there had been no change in the form of govemmenti
each would have been credited with its share of the proceeds of the
public lands in its account withithe general governnr>ent. la not this
indisputable ? But let me suppose that Virginia or any other State
had said torthe general government : *' I chooscLto receive Aiy share
of the proceeds of the public lands into my separate treasury ; pay it
to me, and I will provide in some other mode, more agreeable to mey
for the payment of my assessed quota of the expenses of the general
government :'' can it be doubted that such a demand would have been
legitimate and perfectly compatible with the deed of cession ? Even
under our present system, you will recollect, sir, that, during the
last war, any State was allowed to assume the payntent of its shara
of the direct tax, and raise it, according to its own pleasure or cob<
▼enience, from its own people, instead of the general goverment col'*
lecting it.
From the period of the adoption of the present coBstitation of the
United States, the mode of raising revenue, for the expenses of the
general government, has been changed. Instead of acting upon the
States, and through them upon the people of the several States, in
the form of assessed quota or contribution, the general government
now acts directly upon the people themselves, in the form of taxes,
duties, or excises. Now, as the chief source of revenue raised by
this government, is from foreign imports, and as the consumer pays
the duty, it is entirely impracticable to ascertain how much of the
common charge and general expenditure is contributed by any one
State of the Union.
By the deed of cession a great and a sacred trust was created.
The general government was the trustee, and the States were the
cestuy que trust. According to the trust the measure of benefit ac-
cruing to each State from the ceded lands was to be the measure of
burden which-it bore in the general charge and expenditure. But,
by the substitution of a new rule of raising revenue to that which
was in contemplation at the time of the execution of the deed of ces-
fion, it has become impossible to adjust the exact proportion of bur*
0« THX PftBHUIPTIOII BILIt. 475
.den and benefit with each other. The measare of burden it lost,
although the subject remains which was to be proportioned according
to that measure. Who can now ascertain whether any one of the
States has received, or is receiving, a benefit from the ceded iand»
proportionate to its burden in the general government ? Who can
know that we are not daily violating the rule of apportionment pre-
scribed by the deed of cession ? To. me it appears clear that, either
from the epoch of the eslablisliment of the present constitution, or
certainly from that of the payment of the revolutionary debt, the
proceeds of the public lands being no lunger applied by the p;eneral
government according to that rule, they ought to have been trans-
ferred to the States upon some equitable principle of division, con-
forming as near as possible to the spirit of the cessions. The trustee
not being able, by the change of government, to execute the trust
agreeably to the terms of the trust, ought to have done, and ought
yet to do, that which a chancellor would decree if he had jurisdiction
of the case — make a division of the proceeds among the Slates upon
some rule approximating as near as practicable to that of the trust.
And what rule can so well fulfil this condition as that which was
introduced in the bill which I presented to the Senate, and which is
contained in my colleague^s amendment? That rule is founded on
federal numbers, which are made up of all the inhabitants of the
United States other than the slaves, and three-fiflbs of them. The
South, surely, should be the last section to object to a distribution
founded on that rule. And yet, if 1 rightly understood one of the
dark allusions of th& Senator from South Carolina, (Mr. Calhoun,)
he has attempted to excite the jealousy of the north on that very
ground, fie that as it may, I can conceive of no rule more equitable
than that compound one, and, I think, that will be the judgment of
all parts of the country, the objection of that Senator notwithstand-
ing. Although slaves are, in a limited proportion, one of the ele-
ments that enter into the rule, it will be recollected that they are
both consumers and the objects of taxation*
It haH been argued that since the fund was to be a common one,
and its administration was to be by the general government, the fund
ought to be used also by that government to the exclusion of the
States separately. But that is a non sequiiur. It may be a common
fund, a common title, and a common or single administration ; but is
there any thing, in all that, incompatible with a periodical distribo-
476 imcHB or HsiiRr clat;
tioD of the profits of the fund among the parties for whose benefit ihb
tnist was croated ? What is the ordinary case of tenants in common ?
Where the estate is common, the title is common, the defence against
ill attacks is common ; but the profits of the estate go to the sepa-
rate use of, and are enjoyed by each tenant. Does it therefore cease
to be an estale in common ? Again. There is another view. It has
been argued, from the fact that the ceded lands in the hands of the
trustee were fur the common benefit, that that object could be not
otherwise accomplished than to use them in the disbursements of the
general government ; that the general government only must expend
them. Now, I do not admit that. In point of foct, the general go-
vernment would continue to collect and receive the fund, and as a
trustee would pay over to each State its distributive share.
The public domain would still remain in common. Then, as to tha
expenditure, there may be different modes of expenditure. One is,
for the general government itself to disperse it, in payments to the
civil lists, the army, the navy, &c. Another is, by distributing it
among the States, to constitute them so many agencies through which
the expenditure is effected. If tne general government and the state
governments were in two different countries ; if they had entirely
distinct and distant theatres of action, and operated upon difierent
races of men, it would be another case ; but here the two sys-
tems of government, although for different purposes, are among the
same people, and the constituency of both of them is the same. The
expenditure, whether made by the one government directly, or
through the state governments as, agencies, is all for the happiness
and prosperity, the honor and the glory of one and the same people.
The subject is susceptible of other illustrations, of which I will add
one or two. Here is a fountain of water held in common by several
neighbors, living around it. It is a perennial fountain — deep, pore,
copious, and salubrious. Does it cease to be common because some
equal division is made by which the members of each adjacent family
dip their vessels into it, and take out as much as they want .' A
tract of land is held in common by the inhabitants of a neighborii^
village. Does it cease to be a common property because each vil*
lager userit for his particular beasts ? A river is the common high-
road of navigation of conterminous powers or states. Does it ceass
to be common because on its bosom are borne vessels bearing tha
OK TBI PBB-niPTIOII HLL. 477
ftripes and the ttan or the BritUh cross ? These, and other exam*
|>les which might be given, prove that the argument, |n which so
much reliance has been placed, is not well founded, that, because tht
public domain is held for the common benefit of the States, there can
be no other just application of its proceeds than through the direct
expenditures of the general government.
I might have avoided most of this consumption of time by follow-
ing the bad example of quoting from my own productions ; and I ask
the Senate to excuse one or two citations from the report 1 made in
1S34, in answer to the veto message of President Jackson, as they
present a condensed view of the argument which 1 have been urg-
ing. Speaking of the cession from Virginia the report says :
*' This deed crrated a troftt in the United States, which they are not at liberty to
violate. But the deed does not require that the i'und should be dibbursed in the pay-
ment of the expenses of the general government. It makes no such provision la
express terms, uor is such a duty on the part of the trustee fairly deducible from tho
language of tne deed. Oo the contrary, the l.ingUHge of the deed seems to contem-
place a separute use and enjoyment of ihe fund by the States individnally, rather
than a preservation of it for common expf^nditnrc. The fund itself is to be a com-
mon food for the use and benefit of such of the United States as have become or
ahall become members of the confederation or federal alliance, Virginia inclusive.
The grant is not for the benefit of the confederation, but for that of the several
States which compose the confederation. The fund is to be under the maaagement
of the confederation collecrivrly, and is so far a common fund ; but it is to be man-
aged for the use and benefit of the States individually, and is so far a separate fond
under a ioint management. While there was a heavy debt existing, created by tha
war of tne Revolution, and by a »nbM^quent war, there was a fitness in applying the
proceedii of a common fund lo the dischame of a common debt, which reconciled
all ; but that debt being now discharged, and the general governriient no longer
standing in need of the fund, there is evident propriety in a division of it among
those lor whose use and bepeKt it was originully designed, hihI whose wants require
it. And the committee cannot conceive iiow this approiiriation of it, upon pnnci-
pies of equality and jiistice amorig the several States, can be regarded as contrary lo
either the letter or spirit of the oeed."
The Senator from New York, assuming that the whole debt of
the Revolution has not yet been paid by the proceeds of the public
lands, insists that we should continue to retain the avails of them until
a reimbursement shall have been e^cted of all that has been applied
to that object. But the public lands were never set apart or relied
upon as the exclusive resource for the payment of the revolutionary
debt. To give confidence to public creditors, and credit to the go-
vernment, they weie pledged to that object, along with other means
applicable to its discharge. The debt is paid, and the pledge of the
public lands has performed its office. And who paid what the lands
did not ? Was it not the people of the United States ? — those very
people to whose ase, under the guardianship of their StateS| it is now
478 8PXSCHE1 OP BUIRT GIUtT.
proposed to dedicate the proceeds of the public lands ? If the oiooey
had been paid by a foreign government, the proceeds of the public
lands, in honor and good faith, would have been bound to reimbniae
it. But our revolutionary debt, if not wholly paid by the publie
lands, was otherwise paid out of the pockets of the people who owa
the lands ; and if money has been drawn from their pockets for a
purpose to which these lands were destined, it creates an additional
obligation upon Congress to replace the amount so abstracted by dis-
tributing the proceeds among the States for the benefit and the reim*
bcusement of the people.
But the Senator from New York has exhibited a most forroadablo
account against the public domain, tending to show, if it be correct,
that what has been heretofore regarded, at home and abroad as a
source of great national wealth, has been a constant charge cpon the
treasury, and a great loss to the country. The credit side, accordii^
to his statement, was, 1 believe one hundred and twenty millions, but
the debit side was much larger. It is scarcely necessary to remark
that it is easy to state an account presenting a balance to the one side
or the other, as may suit the taste or views of the person making it
up. This may be done by making charges that have no foundatiooi
or omitting credits that ought to be allowed, or by both. The most
certain operation is the latter, and the Senator^ who is a pretty tho
Tough-going gentlemen, has adopted it.
The first item that I shall notice, with which, I think, he impro-
perly debits the public lands, is a charge of eighty odd million of dol-
lars for the expense of conducting our Indian relations. Now, if this
single item can be satisfactorily expunged, no more need be done to
turn a large balance in favor of the public lands. 1 ask, then, with
what color of propriety can the public lands be charged with the en-
tire expense incident to our Indian relations ^ If the govermneot did
not own an acre of public lands, this expense would have been in-
curred. The aborio[ines are here; our fiilhers found them in posses-
sion of this land, these woods and these waters. Tho preservation
of peace with them, the fulfilment of the duties of humanity towards
them, their civilization, education, conversion to Christianity, friendly
and commercial intercourse — these are the causes of the chief expen-
diture on their account, and they are quite distinct from the fact of
our possessing the public domain. When every acre of that dooiaio
on TItl PBK^SMPTIOir MIX. 470
has goD6 from yoa, the TndiBii tribes, if not in the mean time extinct
may yet remain, imploring you, for charity^s sake, to asaiat them, and
to share with them those blessings, of which, by the weakness of
their nature, or the cruelty of your policy, they have been stripped.
Why, especially, should the public lands be chargeable with that
large portion of the eighty odd millions of dollars, arising from the re-
moval of the Indians from the east to the west side of the Mississippi ?
They protested against it. They entreated you to allow them to re-
main at the homes and by the side of the graves of their ancestors ;
but your stern and rigorous policy would not allow you to listen to
their supplications. The public domain, instead of being justly
chargeable with the expense of their removal, is entitled to a large
credit for the vast territorial districts beyond the Mississippi which it
furnished, for the settlement of the emigrant Indians. I feel that I
have not strength to go through all the items of the Senator's ac-
count, nor need I. The deduction of this single item will leave a
nett balance in favor of the public lands of between sixty and seventy
millions of dollars.
What, after all, is the Senator's mode of stating the account with
the public lands ? Has he taken any other than a mere counting
house view of them ? Has he exhibited any thing more than any
sub-accountant or clerk might make out in any of the departments,
as probably it was prepared, cut and dry, to the Senator's hands ?
Are there no higher or more statesmanlike views to be taken of the
public lands, and of the acquisitions of Louisiana and Florida, than
the account of dollars and cents which the Senator has presented ?
I have said that the Senator by the double process of erroneous inser-
tion and unjust suppression of items, has shaped an account to suit
his argument, which presents any thing but a full and fair statement
of the case, and is it not so ? Louisiana cost fifteen millions of dol-
lars. And, if you had the power of selling, how many hundred mill-
ions of dollars would you now ask for the States of Louisiana, Mis-
souri and Arkansas — people, land, and all } Is the sovereignty which
you acquired of the two provinces of Louisiana and Florida nothing ?
Are the public buildings and works, the fortiGcations, cannon, and
other arms, independent of the public lands, nothing } Is the navi-
gation of the great father of waters, which you secured from the head
to the mouth, on both sides of the river, by the purchase of Louui*
•ak, to the total exclusion of all foreign powers, not worthy of being
•
480 trKBcms or Hnmr glat.
taken into the Senator's estimate of the advantage of the aoquisilioii ?
Who, at all acquainted with the history and geography of this conti-
nent, does not know that the Mississippi could not have renriaiLed in
the hands, and its navigation continued suhject to the control of a
foreign power, without imminent danger to the stability of the Union ?
Is the cost of the public domain undeserving of any credit on account
of the vast sums which, during the greater part of this century, you
have beenjeceiving into the public treasury from the custom-houses
of New-Orleans and Mobile ? Or, on account of the augmentation
of the revenue of the government, from the consumption of dutiable
articles by the population within the boundaries of the two former
provinces ? The national benefits and advantages accruing from their
possession have been so various and immense tliat it would be impos-
sible to make any more pecuniary estimate of them. In any aypeci
of the subject, the Senator's petty items of Indian annuities must
appear contemptible in comparison with these splendid national ac-
quisitions.
But the public lands are redeemed. They have long been redeem*
ed. President Jackson announced, more than eight years ago, an
incontestible truth when he stated that they might be considered as
relieved from the pledge which had been made of them, the object
having been accomplished for which they were ceded, and that it
was in the discretion of Congress to dispose of them in such way as
best to conduce to the quiet, harmony, and general interest of tiie
American people. That which Congress has the power to do, by an
express grant of authority in the constitution, it is, in my humble
opinion, imperatively bound to do by the terms of the deed of ces-
sion. Dislribotion, and only distribution of the proceeds of the pub*
lie lands, among the States, upon the principle proposed, will con-
form to the spirit, and execute the trust created in the deeds of ces-
sion. Each State, upon grounds of strict justice as well as equity,
has a right to demand its distributive share of those proceeds. It is
a debt which this government owes to evcfry state — a debt, payment
of which might be enforced by the process of law if there were any
ibrum before which the United States could be brought.
And are there not, sir, existing at this moment the most urgent and
powerful motives for this dispensation of justice to the States at the
hands of the general government ? A stnnger listening to the aign-
OK TRC PBi-mrrroir bill. 481
ment of the Senator from New York, would conclude that we were
not one united people, but that there were two separate and distinct
nations — one acted upon by the general goyernnrmnt, and the other
by the State governtnenls. But is that a fair representation of the
case ? Are we not one and the same people, acted upon, it is true,
by two systems of government, two sets of public agepts — the one
established for general and the other for local purposes ? The con-
stituency is identical and the same, although it \s doubly governed.
It is the bounden duty of those who are charged with the adminis*
tration of each system so to administer it as to do as much good and as
little harm as possible, within the scope of their respective powers.
They should also each take into view the defects in the powers or
defects in the administration of the powers of the other, and endeavor
to supply them as far as its legitimate authority extends, and the
wants or necessities of the people require. For, if distress, adversity
and ruin come upon our constituents from any quarter, should they
not have our active exertions to relieve them as well as alt our sym«
pathies and our deepest regrets ? It would be but a poor consolation
to the general government, if such were the fact, that this unhappy
state of things was produced by the measures and operation of the
State governments and not by its own. And if the general govern*
ment, by a seasonable and legitimate exercise of its authority, could
relieve the people, and would not relieve them, the reproaches due
to it would be quite as great as if that government itself, and not the
State governments, had brought these distresses upon the people.
The powers of taxation possessed by the general government are
unlimited. The most fruitful and the least burdensome modes of
taxation are con6ded (o this govemmont exclusive of the States.
The power of laying duties on foreign imports is entirely monopolised
by the federal government. The States have only the power of di-
rect or internal taxation. They have none to impose duties on im-
ports, not even luxuries ; we have. And what is their condition at
this moment ? Some of them are greatly in debt, at a loss even to
raise means to pay the interest upon their bonds. These debts were
contracted under the joint encouragement of the recommendation of
this government and prisperous times, in the prosecution of the land-
able object of internal improvements. They may have poshed, in
tome instances, their tehemes too fhr ; but it was in a good caoaei
md it ia caay to aaka nproaebe* irtai tUiga limi out ill.
s
462 tPUGHn or hihrt clay.
And here let me say, that, looking to the patriotic object of tlwaa
State debts, and the circumstances ander \i'hich they were contract-
ed, I saw with astonished «nd indignant feelings, a resolution snb-
mitled to the Senate at the last session, declaring that the general go>
vernment would not assume the payment of them. A more wicked,
malignant, Danton-like proposition was never offered to the consider-
ation of any deliberative assembly. It was a negaiif9e proposition,
not a negative of any affirmative resolution presented to the Senate;
for no such affirmative resolution was offered by any one. When,
where, by whom, was the extravagant idea ever entertained of an
assumption of the State debts by the general government ? There
was not a solitary voice raised in favor of such a measare in this
Senate. Would it not have been time enough to have denounced
assumption when it was seriously proposed f Yet, at a moment
when the Slates were greatly embarrassed, when their credit was
•inking, at this critical moment, was a measure brought forward,
unnecessarily, wantonly and gratuitously, made the subject of an
elaborate report, and exciting a protracted debate, the inevitable
effectof all which must have been to create abroad distrust in tke
ability and good faith of the debtor states. Can it be doubted that a
serious injury was inflicted upon them by this unprecedented pro-
ceeding ? Nothing is more delicate than credit or character. Their
credit cannot fail to have suflered in the only place where ca{Htal
could be obtained, and where at that very time some of the agents
of the States were negotiating with foreign bankers. About that
period one of the Senators of this body bad in person gone abroad for
the purpose of obtaining advances of money on Illinois stock.
The Senator from New York said that the European capitalists
had fixed the value of the State bonds of this country at fifty per
cent. ; and therefore it was a matter of no consequence what might
be said about the credit of the States here. But the Senator is miv-
iaken, or I have been entirely misinformed. I understand that some
Bankers have limited their advances upon the amount of State-bonds,
prior to their actual sale, to fifty per cent., in like manner as commis-
sion merchants will advance on the goods consigned to them, prior to
their sale. But in such an operation it is manifestly for the interest
of the States as well as the Bankers, that thebonds^should command
in the market as much as possible above the fiAy per cent. ; and uty
proceeding which impaifi tbe Tnlue of the bonda most be i^juriounto
OK THC FB^KIIPTIOM WU.. 4S8
both. In anyeveal, the lou would fall upon the States; and thai
tfaia loss waa aggravated tiy what occurred here, on the resoluiion to
which 1 have referred, no one, at all acquainted with the Bensilire-
. ness of credit and of capiialista, can hesitate to believe. My frienda
and I made tlie most strenuous opposition to the resolution, hut it waa
all unavailing, and a majority of the Senate ailopted the report of the
coonmLllee to which the resolution hod been referred. We urf;cd the
impolicy and injostice of the proceeding ; that no man in his sejuea
would ever propose the assumption of the Slate debts ; that no such
proposal had, in fact, been mode ; that the debts of the States van
unequal in amount contracted by States of unequal population, and
that some. Stales were not in debt at all. How then was it posaihle
to think of a general assumption of State debts ? Who could con-
ceive of such a proposal ? But there is a vast diilerence between ottr
paying iheir debts/nr them, and paying ow oictt debts to them, in coi»-
formily with the trusts arising out of the public domain, which Hu
general government is bound to execute.
Lanf;u^re has been held in this chamber which would lead any
one who beard it to believe that some gentleman would take delight
in geeLn<; States dishonored and unable to psy their bonds. Ifsucb a
feeling does really exist, I trust it will Hnd no sympathy with the
people of this country, as it can have none in the breast of any faonetl
man. When the honorable Senntor from Massachuaetis (Mr- Web-
ster) the other day uttered, in such thrilling Innguage, the sentiment
that honor and piobily bound the Slntes to the faithful payment of
all their debts, and that they would do it, I felt my hoMtn swelling
with patriotic pride — pride, on account ot the just and manly sentineit
itself; and pride, on account of the be.autifnl and eloquent Ungunga
in which that noble aeotiment was clothed. Diahonor Ameriou
credit I Dishonor the American name ! Dishonor iha whole con^
try ! Why air, what is national character, national credit, nalioml
honor, national glory, but the a^regate of the character, the oiedit,
the honor, the glory, of tlie parts of the nstion ? Can the porta h*
dishonored, and the vrhiAe remain unsullied.' Or can thewbolfrte
blemished, and the parts stand pore and untainted ! Cu a y
sister be disgraced, without bringing blushes and shame upon t
whole family ! Can our young sister Illinois (I mention her only for
illiiatration, but wkh all feeling! and ■entimenls of fraternal regpal^
on •ha d^ada her ohmcw m ftflUUa mlkmttmwgttgt^m^*i
I
484 0PIICHB or HursT clat.
•nd obloquy upon all of U8 ? What has made England — our coun-
try's glorious parent — (although she has taught us ihe doty of eter-
nal watchfulness, to repel aggression, and maintain our rights against
even her) — what has made England the wonder of the world ? What
has raised her to such pre-eminence in wealth, power, empire and
greatness, at once the awe and the admiration of nations ? Undoubt-
edly, among the prominent causes, have been the preservation of her
credit, the maintenance ot her honor, and the scrupulous fidelity
with which she has fulfilled her pecuniary engagements, foreign as
well as domestic. An opposite example of a disregard of national
fiiith and character presents itself in the pages of ancient history.
Every schoolboy is familiar with the phrase ^^ Punic faith," which at
Rome became a by-word and a reproach against Carthage, in conne-
quence of her notorious violations of her public engagements. The
stigma has been transmitted down to the present lime, and will re-
main for ever uneiTaced. Who would not lament that a similar stig-
ma should be affixed to any member of our confederacy ? If there
be any one so thoroughly imbued with party spirit, so destitute of
honor and morality, so regardless of just feelings of national dignity
and character, as to desire to see any of the States of this glorious
Union dishonored, by violating their engagements to foreigners, and
refusing to pay their just debts, I repel and repudiate him and bis
sentiments as unworthy of the American name, as aentinnents dis-
honest in themselves, and neither entertained nor approved by the
people of the United States.
Let us not be misunderstood, or our feelings and opinions be per-
Terted. What is it that we ask ? That this government shall as*
sume the debts of the States ? Oh no, no. The debts of Pennsyl*
▼ania, for example ? (who is, I believe, the most indebted of all the
States.) No, no ; far from it. But seeing that this government has
the power, and, as I think, is under a duty, to distiibute the proceeds
of the public lands, and that it has the power, which the States havo
not, to lay duties on foreign luxuries, we propose to make that distri-
bution, pay owr debt to the States, and save the States, to that extent
at least, from the necessity of resorting to direct taxation, the most
onerous of all modes of levying money upon the people. We pro-
pose to supply the deficiency produced from the withdrawal of the
hind fund by duties on luxuries, which the wealthy only will pay,
aad so (ar save the States from the necessity of bordeftiag the poor.
IMI TBI PltttllfFTIOir BILL. 48ft
We propose that, by a just ezercke of incontesiaUe powers posaesaed
by this government, we shall go to the socoor of all the states, and,
by a fiiir distribution of the proceeds of the public lands among
them, avert, as far as that may avert, the ruin and dishonor with
which some of them are menaced. We propose, in short, such an
administration of the powers of this government as shall protect and
relieve our common constituents from the embarrassments to which
they may be exposed from the defects in the powers or in the admin*
istration of the state governments.
Let us look a little more minutely at consequences. The distribu*
tive share of the state of Illinois in the land proceeds would be, ac-
cording to the present receipt frxim the pnblic lands, about one bun*
dred thousand dollars. We make distribntion, and she receives it*
To that extent it would then relieve her from direct taxation to meet
the debt which she has contracted, or it would form the basis of new
loans to an amount equal to about two million. We refuse to make
distribution. She must levy the hundred thousand dollars upon her
population in the form of direct taxation. And, if I am rightly in«
formed, her chief source of revenue is a land tax, the most burdensome
of all taxes. - If I am misinformed, the Senators from Illinois cam
correct me.
[Here Mcsseb. RoBiitsoif and Ytnnio explained, stating that there was an oddUioii-
al source in a tax on the stock in the State Bank.]
Still the land tax is, as I had understood, the principal source of the
revenue of Illinois. We make distribution, and, if necessary, we
supply the deficiency which it produces, by an imposition of duties
on luxuries, which Illinois cannot tax. We refuse it, and having no
power herself to lay any duty on foreign imports, she is compelled to
resort to the most inconvenient and oppressive of all the modes of
taxation. Every vote, therefore, which is given against disirtbutioni
is a vote in effect, given to lay a land tax on the people of Illinois.
Worse than that — it is a vote in effect, refusing to tax the luxuries of
the rich, and rendering inevitable the taxation of the poor — that poor
in whose behalf we hear, from the other side of the chamber, profes*
•ioos of such deep sympathy, interest, and devotion ! In what atti*
tude do gentlemen place themselves who oppose this measure — gei^
tlemen who taunt us as the aristocracy, as the friends of the bankS|
Ikc-^-gentlemen who claim to be the p^uliar guardians of the demof
•FF
486 SPlBCHBt OF BSintT OLAT.
cracy ? How do they treat the poor ? We have seen at former
sessions a measure warmly espoused, and finally carried by them,
which they represented would reduce the wages of labor. At this
session, a tax, which would be borne exclusively by the rich, en-
counters their opposition. And now we have proposed another mode
of benefitting the poor, by distribution of the land proceeds, to pre-
vent their being borne down and oppressed by direct taxation ; and
this, too, is opposed fit>m the same quarter ! These gentlemen will
not consent to lay a tax on the luxuries of the affluent, and by their
votes insist upon leaving the states under the necessity of imposing
direct taxes on the farmer, the laboring man, the poor, and all the
while set up to be the exclusive friends of the poor ! Really, sir,
the best friends appear to be the worst enemies of the poor, and their
greatest enemies their best friends.
■ft
The gentlemen opposed to ns hilve firightened themselves, and
have sought to alarm others, by imaginary dangers to spring from this
measure of distribution. Corruption, it .seems, is to be the order of
the day ! If I did not misunderstand the Senator from South Caro-
lina, he apprised us of the precise sum — one million of dollars — ^which
Was adequate to the corruption of his own. He knows best abonl
that ; but I should be sorry to think that fifty millions of dollars coold
corrupt my state. What may be the condition of South Carolina at
this time I know not ; there is so much fog enveloping the dominant
party that it is difficult to discern her present latitude and longitude
^Vhat she was in her better days — in the days of her Rulledges,
Pinckneys, Sumpters, Lowndeses, Cheveses — we all well know, and
I will not inflict pain on the Senator by dwelling on it. It is not for
me to vindicate her from a charge so degrading and humiliating. She
has another Senator here far more able and eloquent than I am to de-
fend her. Certainly I do not believe, and should be most unwiUrng
to think, that her Senator had made a correct estimate of her moral
power.
It has been indeed said that our whole country is corrupt ; that
the results of recent elections were brought about by fraudulent
means ; and that a foreign influence has produced the great political
revolution which has just taken place. I pronounce that charge a
gross, atrociotis, treasonable libel on the people of this country, on the
institutions of this country, and on liberty itself. I do not attribute
Oir THB Pmi-BIIPTION Bn,L. 487
this calumny to any member of this body. I hope there is none who
would give it the slightest countenance. But I do charge it upon
some of the newspapersyin the support of the other party. And it is
remarkable that the very press which originates and propagates this
foul calumny of foreign influence has indicated the right of unnatural-
ized foreigners to mingle at the poles in our elections ; and maintained
the expediency of their owning portions of the soil of our country,
before they have renounced their allegiance to foreign sovereigns.
I will not consume the time of the Senate in dwelling long upon
the idle and ridiculous story about the correspondence between the
London bankers and some Missouri bank — a correspondence which
ivas kept safely until after the Presidential election, in the custody
of the directors of what is vaunted as a genuine locofoco bank in that
state, when it was dragged out by a resolution of the legislature, au-
thorizing the sending for persons and papers. It was then blazed
forth as conclusive and damning evidence of the existence of a foreign
influence in our Presidential election. And what did it all amount
to ? These British bankers are really strange fellows. They are
foolish enough to look to the safety of their money advanced to for-
eigners ! If they see a man going to ruin, they will not lend him ;
and if they see a nation pursuing the same road, they are so unrM*
sonable as to decline vesting their funds in its bonds. If they find
war threatened, they will speculate on the consequences ; and they
will indulge in conjectures about the future condition of a country in
given contingencies! Very strange! They have seen — all the
world is too familiar with — these embarrassments and distresses
brought upon the people of the United States by the measures of Mr.
Van Buren and his illustrious predecessor. They conclude that, if
he be re-elected, there will be no change of those measures, and no
better times in the United States. On the contrary, if General Hir-
rison be elected, they argue that a sound currency may be restored,
confidence return, and business once more be active and prosperous.
They therefore tell their Missouri banking corrrapondents that Ameri-
can bonds and stocks will continue to depreciate if Mr. Van Buren
be re-elected ; but that, if his competitor should succeed, they will
rise in value and sell more readily in the market. And these opinions
and speculations of the English bankers, carefully concealed frem the
vulgar gaze of the people, and locked up in the vaults of a locofoco
bank, (what wonders they may have wrought there have not been
488 tP££CHn OF HXNRT CLAT.
disclosed,) are dragged out and paraded as full proof of the cocmpt
exercise of a foreign influence in the election of Creneral Harrison aa
President of the United States. Why, sir, the amount of the ivhok
of it is, that the gentlemen calling themselves, most erroneously, the
Democratic party, have administered the government so badly, that
they have lost all credit and confidence at home and abroad, and be-
cause the people of the United States have refused to trust them any
longer, and foreign bankers will not trust them either, they utter a
whining cry that their recent signal defeat has been the work of fo-
reign influence.
Democratic party ! They have not the slightest pretension to this
denomination. In the school of 1798, in which I was taught, and to
which I have ever faithfully adhered, we were instructed to be
watchful and jealous of executive power, enjoined to practice econo-
my in the public disbursements, and urgc<l to rally around the people
and not attach' ourselves to the Presidential car. Tliis was Jeffenon^
democracy. But the modern democrats, who have assumed the
name, have reversed all these wholesome maxims, and have given to
democracy a totally different version. They have run it down, as
they have run down, m at least endangered State rights, the right of
instruction — admirable in their proper sphere — and all other rightS|
by perversion and extravagance. But, thank God, true democracy,
and true democrats have not been run down. Thousands of those
who have been deceived and deluded by false colors, will now eager-
ly return to their ancient faith, and unite, under Harrison^s l^puiner,
with their old and genuine friends and principles, as they were held
at the epoch of 1798. We shall, I trust, be all once more united as
a fraternal band, ready to defend liberty against all dangers that may
threaten it at home, and the country against all that shall menace it
from abroad.
But to return from this digression to the patriotic apprehension en-
tertained by Senators of corruption, if the proceeds of the public
lands should be distributed among the states. If, in the hands of the
general government, the land fund does not lead to corruption, why
should it in the hands of the state governments ? Is there less dan«
ger from the fund if it remain undivided and concentrated, than if it
. be distributed ? Are the state governments more prone to corruption
than the federal government ? Are they more wasteful and extiava*
05 THE PRE-EMPTION BILL. 4B$
gant in the expenditure of the money of the people ? I think that if
we are to consult purity and economy, we shall find fresh motives
for distribution.
Mr. President, two plans of disposing of the vast public domain
belonging to the United States, have been, from time to time, submitt^
to the consideration of Congress and the public. According to one of
them, it should- not be regarded as a source of revenue, either to the
general or to the state government. That I have, I think, clearly demon*
strated, although the supporters of that plan do press the argument
of revenue whenever the rival plan is brought forward. They coo-
tend that the general government, being unfit, or less competent dian
the state governments, to manage the public lands, it ought to hasten
to get rid of them, either by reduction of the price, by donation, by
pre-emptions, or by cessions to certain states, or by all these methods
together.
Now, sir, it is manifest, that the public lands cannot be all settled
in a century or centuries to come. The progress of their settlement
is indicated by the growth of the population of the United States.
There have not been, on an average, five millions of acres per annum
sold, during the last half century. Larger quantities will be probably
hereafter, although not immediately, annually sold. Now, when we
recollect, that we have at least a billion of acres to dispose of, some
idea may be entertained, judging from the past, of the probable length
of time before the whole is sold. Prior to their sale and settlement,
the unoccupied portion of the public domain must remain either in
the hands of the general government or in the hands of the state go-
vernments, or pass into the hands of speculators. In the hands of
the general government, if that government shall perform its duty, we
know that the public lands will .be distributed on liberal, equal, and
moderate terms. The worst (ate that can hebl) them would be to
them to be acquired by speculators. The emigrant and settler would
always prefer purchasing from government, at fixed and known rates,
rather than from the speculator, at unknown rates, fixed by his cu-
pidity or caprice. But if they are transferred from the general go-
vernment, the best of them will be engrossed by speculators. That
18 the inevitable tendency of reduction of the price by graduation, attd
of cession to the States within which they lie.
400 SFKKCHKt OF HBNRT CLAT.
The rival plan is for the general government to retain the pubUe
domain, and make distribution of the proceeds in time of peacb among
the several states, upon equal and just principles, according to the
rule of federal numbers, and in time of war to resume the-proceeda
for its vigorous prosecution. We think that the administration of the
public lands had better remain with the common government, than
administered according to various, and, perhaps, conflicting views.
As to that important part of them which was ceded by certain states
to the United States for the common benefit of all the states, a trust
was thereby created which has been voluntarily accepted by the
United States, and which they are not at liberty now to decline or
transfer. ^The history of public lands held in the United States, de-
monstrates that they have been wasted or thrown away by most of
the states that owned any, and that the general govermnent has dis-
played more judgment and wisdom in the administration of them
than any of the states. While it i» readily admitted that reyenue
should not be regarded as the sole or exclusive object, the pecuniary
advantages which may be derived from this great national property
to both the states and the Union, ought not to be altogether over-
Jboked. .
The measure which I have had the honor to propose, settles this
great and agitating question forever. It is founded, upon no partial
and unequal basis, aggrandizing a few o{ the states to the prejudice
of the rest. It stands on a just, broad, and liberal foundation. It is
a measure applicable not only to the states now in being, but to the
territories, as states shall hereafter be formed out of them, and to all
new states as they shall rise tier behind tier, to the Pacific ocean. It
is a system operating upon a space almost boundless, and adapted to
all future time. It was a noble spirit of harmony and union that
prompted the revolutionary states originally to cede to the United
States. How admirably does this measure conform to that spirit and
tend to the perpetuity of our glorious Union ! The imagination can
hardly conceive one fraught with more harmony and union among
the States. If to the other ties that bind us together as one people,
be superadded the powerful interest springing out of a just adminis-
tration of our.exhaustless public domain,by which, for a long succes-
sion of ages, in seasons of peace, the states will enjoy the benefit of
the great and growing revenue which it produces, and in periods of
war that revenue will be applied to the prosecution of the war, we
ON THE PRS-IMPTION BILL. 491
we shall be forever linked together with the strength of adamantine
chains. No section, no state, would ever be mad enough to break
off from the Uniqs, and deprive itself of the inestimable advantages
which it secures. Although thirty or forty more of the new states
should be admitted into this Union, this measure would cement thera
all fast together. The honorable member from Missouri near me,
(Mr. Linn,) is very anxious to have a settlement formed at the
mouth of the Oregon, and he will probably be gratified at no very
distant day. Then will be seen members from the Pacific States
scaling the Rocky Mountains, passing through the country of the
grizzly bear, descending the turbid Missouri, entering the father of
rivers, ascending the beautiful Ohio, and coming to this capitol, to
take their seats in its spacious and magnificent halls. Proud of the
commission they bear, and happy to find themselves here in council
with friends, and brothers, and countrymen, enjoying the incalculable
benefits of this great confederacy, and among them their annual dis-
tributive share of the issues of a nation's inheritance, would even
they, the remote people of the Pacific, ever desire to separate them-
selves from such a high and glorious destiny ? The fund which is to
be dedicated to these great and salutary purposes, does not proceed
from a few thousand acres of land, soon to be disposed of ; but of
more than ten hundred millions of acres ; and age after age may roll
away, state afier state arise, generation succeed generation, and still
the fund will remain not only unexhausted, but improved and in-
creasing, for the benefit of our children's children to the remotest
posterity. The measure is not one pregnant with jealousy, discord|
or division, but it is a fiur-reaching, comprehensive, healing measure
of compromise and composure, having for its patriotic object the har«
mony, the stability, and the prosperity of the states and of the Union.
ON THE BANK VETO.
In thk ScNATfi OF THE United States^ August 19, 1841.
[The bill which had paned both Uonses of Congren, charteiin^ a Buk ot tht
United States, having been returned by Acting President Tylkr, with objections to
its becoming a law, Mr. Clat thereupon addressed the Senate as follows:]
ISiIr. President, the bill which forms the present subject of our
deliberations had passed both houses of Congress by decisire majori-
ties, and, in conformity with the requirements of the constitution, was
presented to the President of the United States for his considenition.
He has returned it to the Senate, in which it originated, according to
the directions of the constitution, with a message announcing his veto
of the bill, and containing his objections to its passage. And the
question now to be decided is, shall the bill pass, by the required
o6nstitutional majority of two-thirds, the Presidenfii objections not-
^thstanding?
' Knowing, sir, but too well that no such majority can be obtained,
and that the bill must fall, I would have been rejoiced to have found
myself at liberty to abstain from saying one word on this painful oc-
casion. But the President has not allowed me to give a silent rote.
I think, with all respect and deference to him, he has not reciproca-
ted the friendly spirit of concession and compromise which animated
Congress in the provisions of the bill, and especially in the modifica-
tion of the sixteenth fundamental condition of the Bank. He has
commented, I think, with undeserved severity on that part of the
' bill ; he has used, I am sure unintentionally, harsh, if not reproachful
language ; and he has made the very concession, M'hich was prompted
as a peace-offering, and from friendly considerations, the cause of
stronger and more decided disapprobation of the bill. Standing in
the relation to that bill which I do, and especially to the exception-
able clause, the duty which 1 owe to the Senate and to the country,
and Belf-respect| impose upon me the obligation of at least attempting;
ON THE BANK TITO. 493
the landication of a measure which has met with a &te §o umnerited
and 80 unexpected.
On the 4th of April last, the lamented Harrison, the President
of the United States, paid the debt of nature. President Tyler, who,
as Vice-President, succeeded to the duties of that office, arrived in
the city of Washington on the 6th of that month. He found the
whole metropolis wrapped in gloom, every heart filled with sorrow
and sadness, every eye streaming with tears, and the surrounding hills
yet flinging back the echos of the bells which were tolled on that
melancholy occasion. On entering the Presidential mansion he con-
templated the pale body of his predecessor stretched before him, and
clothed in the black habiliments of death. At that solemn moment I
have no doubt that the heart of President Tyler was overflowing
with mingled emotions of grief, of patriotism, and of gratitude — above
all, of gratitude to that country by a majority of whose suffrages, be-
stowed at the preceding November, he then stood the most distin-
guished, the most elevated, the most honored of all living Whigs of
the United States.
It was under these circumstances, and in this probable state of
mind, that President Tyler, on the 10th day of the same month of
April, voluntarily, promulgated an address to the people of the
United States. That address was in the nature of a coronation oath,
which the Chief of the State, in other countries, and under other
forms, takes, upon ascending the throne. It referred to the solemn
obligations, and the profound sense of duty, under which the new
President entered upon the high trust which had devolved upon him,
by the joint acts of the people and of Providence, and it stated the
principles and delineated the policy by which he would be governed
in bis exalted station. It was emphatically a Whig address, from
l)eginning to end— every inch of it was Whig, and was patriotic. In
that address the President, in respect to the subject-matter embraced
in the bill, held the following conclusive and emphatic language :
atinr
I BhfiWfiromptly give my sanction to any constitntionat measare which, origm-
M in Cimgreft^ Rhall have for ita otQeet the restoration of a sonnd cireulatim
medium, so emnitally nectttary to give confidence in all the transactions of life, to
8e<iurc to indvMry if jud and adtitMlt moards, and to rt-ettabiish the pubtie pni'
ptriiy. In deciding upon the adaptation of any such measure to the end propose^
at toetl at itt conformity to thi canttUuHon, I shall resort to the fathen cflhe gnat
Republican tchool for advice and instfnetioB. to be drawn from their sage views «f
our system of government, and the light of their ever ghrioM tmrngU:'^
s
494 SPEECHES OF HENRT CLAT.
To this clause in the address of the Presidenti I believe bat one
interpretation was given throughout this whole country, by firiend
and foe, by Whig and Democrat, and by the presses of both parties.
It was, by every man with whom I conversed on the subject at the
time of its appearance, or of whom I have since inquired, construed
to mean that the President intended to occupy the Madison ground,
and to r^ard the question of the power to establish a National Bank
as immovably settled. And I think I may confidently appeal to the
Senate, and to the country, to sustain the fact that this was the con-
temporaneous and unanimous judgment of the public. Reverting
back to the period of the promulgation of the address, could any
other construction have been' given to its language ? What is it ?
'< I shall promptly give my sanction to any constitutional measure
which, originating in Congress^^^ shall have defined objects in view.
He concedes the vital importance of a sound circulating medium to
industry and to the public prosperity. He concedes that its origin
must be in Congress. And, to prevent any inference from the quali-
fication, which he prefixes to the measure, being interpreted to mean
that a United States Bank was unconstitutional, he declares that, in
deciding on the adaptation of the measure to the end proposed, and
its conformity to the constitution, he will resort to the fathers of the
great republican school. And who were they ? If the father of his
country is to be excluded, are Madison, (the father of the constitu-
tion,) Jefferson, Monroe, Gerry, Gallatin, and the long list of repub-
licans who acted with them, not to be regarded as among those
fathers ? But President Tyler declares he shall not only look to the
principles and creed of the republican fathers for advice and instruc-
tion, but to the light of their ever glorious example. What exam
pie ? What other meaning could have been possibly applied to the
phrase, than that he intended to refer to what had been done during
the administration of Jefferson, Madison and Monroe ?
Entertaining this opinion of the address, I came to Washington,
at the commencement of the session, with the most confident and
buoyant hopes that the Whigs would be able to carry all their promi-
nent measures, and especially a Bank of the United States, by hi
that one of the greatest immediate iniportance. I anticipated nothing
but cordial co-operation between the two departments of government ;
and I reflected with pleasure that I should find, at the head of the
Executive branch, a personal and political friend, whom I had long
ON THE BAKK YKTO. 491^
and intimately knowny and highly esteemed. It will not be my fault
if our amicable relations should unhappily cease, in consequence of
any diflO^rence of opinion between us on this occasion. The Presi-
dent has been always perfectly familiar with my opinion on this bank
questiob.
Upon the opening of the session, but especially on the receipt of
the plan of a National Bank, as proposed by the Secretary of the
Treasury, fears were excited that the President had been misunder-
stood in his address, and that he had not waived but adhered to his
conslitutional scruples. Under these circumstances it was hoped that
by the indulgence of a mutual spirit of compromise and concession, a
Bank, competent to fulfil the expectations and satisfy the wants of
the people, might be established. Under the inlluonc of that spirit,
the Senate and the House agreed, furst, as to the name of the pro-
posed Bank. I confess, sir, that there was something exceedingly
outre and revolting to my ears in tbe term '^ Fiscal Bank," but I
thought, '' What is there in a name ? A rose, by any other name^
would smell as sweet." Looking, therefore, rather to the utility of
the substantial faculties than to the name of Ihe contemplated insti*
tution, we consented to that ^ hich was proposed.
2d. As to the place of location of the Bank. Although Washing-
ton had passed through my mind as among the cities in which it
might be expedient to place the Bank, it was believed to be the least
eligible of some four or five other cities. Nevertheless we consented
to fix it here.
And lastly, in respeot to the branching power, there was not pro-
bably a solitary vote, given in either house of Congress, for the bill,
that did not greatly prefer the unqualified branching power, as assert-
ed in the charters of the two former Banks of the United States, to
the sixteenth fundamental condition, as finally incorporated in this
bill. It is perfectly manifest, therefore, that it was not in conformity
with the opinion and wish of majorities in Congress, but in a friendly
spirit of concession towards the President and his particular friends,
that the clause assumed that form. So repugnant was it to some of
the best friends of a National Bank in the other House, that they
finally voted against the bill because it contained the compromise of
the branching power.
496 8PEICHU OP HUniT CLAY.
It is true that, in presenting the compromise to the Senate, I stated,
as was the fact, that I did not know whether it would be accepta!Ur.
to the President or not ; that according to my opinion, each depart
nvent of the goyernment should act upon its own responsibility, inde-
pendently of the other ; and that I presented the modification of the
branching power because it was necessary to ensure the passage of
the bill in the Senate, having ascertained that the yote would stand
twenty-six against it to twenty-five, if the form of that power whica
had been reported by the committee' were persisted in. But I never-
theless did entertain the most confident hope and expectations that
the bill would receive the sanction of the President ; and thb motive,
althou^ not the immediate one, had great weight in the introduction
^ and adoption of the compromise clause. I knew that our friends
who would not vote for the bill as reported were actuated, as they
avowed, by considerations of union and harmony, growing out of
supposed views of the President, and I presumed that he would not
fail to feel and appreciate their sacrifices. But I deeply regret that
we were mistaken. Notwithstanding all our concessions, made in a
genuine and sincere spirit of conciliation, the sanction of the Presi*
dent could not be obtained, and the bill has been returned by hitt
with his objections. And I shall now proceed to consider those ob-
jections, with as much brevity as possible, but with the most perfect
respect, official and personal towards the Chief Magistrate.
After stating that the power of Congress to establish a National
Bank, to operate per se, has been a controverted question from the
origin of the government, the President remarks, ^' Men most justly
and deservedly esteemed for their high intellectual endowments,
their virtue and their patriotism, have in regard to it, entertained dif-
ferent and conflicting opinions. Congresses have differed. The ap-
proval of one President has been followed by the disapproval of
another."
From this statement of the case it may be inferred that the Presi-
dent considers the weight of authority, pro and con, to be equal and
balanced. But if he intended to make such an array of it — if he in-
tended to say that it was in equilibrium — I most respectfully, bat
most decidedly, dissent from him. I think the conjoint testimony of
history, tradition, and the knowledge of living witnesses prove the
contrary. How stands the question as to the opinions of Congresses ^
ON THX BANK YETO. 497
The CoDgreas of 1791, the Congress of 1813-14, the Congress of
1815-16, the Congress of 1S31-32, and, finally, the present Congress,
have all respectively and unequivocally, aifirmcd the existence of a
power in Congress, to establish a National Bank, to operate per se.
We behold, then, the concurrent opinion of five different Congresses
on one side. And what Congress is there on the opposite side ? The
Congress of 181 1 ? I was a member of the Senate in that year, whep
it decided, by the casting vote of the Vice-President, against the re*
newal of the charter of the old Bank of the United States. And I
now here, in my place, add to the testimony already before the publlC|
by declaring that it is within my certain knowledge, that thai decision
of the Senate did not proceed from a disbelief of a majority of the
Senate in the power of Congress to establish a National Bank, but
from combined conside^tions of inexpediency and constitutionality.
A majority of the Senate, on the contraiy, as I know, entertained no
doubt as to the power of Congress. Thus the account, as to the
Congresses, stands five for, and not one, or at most, not more than
one, against the power.
Let us now look into the state of authority derivable from the
opinions of Presidents of the United States. President Washington
believed in the power of Congress, and approved a bank bill. Preai*
dent Jefferson approved acts to extend branches into other parts of
the United States, and to punish counterfeiters of the notes of the
benk — acts which were devoid of all justification whatever upon the
assumption of the unconstitutionality of the bank. For how could
bicanches be extended or punishment be lawfully inflicted upon* the
counterfeiters of the paper of a corporation which came into existence
without any authority, and in violation of the constitution of the land.
James Madison, notwithstanding those early scruples which he had
entertained, and which he prolwbly still cherished, sanctioned and
signed a bill to charter the late Bank of the United States. It is per-
fectly well known that Mr. Monroe never did entertain any scruples
or doubts in regard to the power of Congress. Here, then, are four
Presidents, who have directly or collaterally borne official testimony
to the existence of the bank power in Congress. And what President
is there that ever bore unequivocally opposite testimony — that dia-
approved a bank charter in the sense intended by President Tyler ?
General Jackson, although he did apply the veto power to the bill for
rechartering the late Bank of the United States in 1832, it is withb
498 8PEECHI8 OP HENRT CLAT.
the perfect recollection of us all that he not ody testified to the utility
of a Bank of the United States, hut declared that, if he had heen ap-
plied to by Congress, he could hare furnished the plan of such a
bank.
Thus, Mr. President, we perceive that, in reviewing the action of
the legislative and executive departments of the government, there is
a vast preponderance of the weight of authority maintaining the ex-
istence of the power in Congress. But President Tyler has, I pre-
sume unintentionally, wholly omitted to notice the judgnoent and de-
cisions of the third co-ordinate department of the govemmeDt upon
this controverted question — that department, whose interpretations
of the constitution, within its proper jurisdiction and sphere of action,
are binding upon all ; and which, therefore, n(iay be considered as ex-
ercising a controlling power over both the other departments. The
Supreme Court of the United States, with its late Chief Justice, the
illoBtrious Marshall, at its head, unanimously decided that Congress
possessed this bank power ; and this adjudication was sostained and
reaffirmed whenever afterward the question arose before the court
After recounting the occasions, during his public career, on
he had expressed an opinion, against the power of Congress to char-
ter a Bank of the United States, the President proceeds to say :
'* EnteTtaining the opinions alladed to, and having taken this oath, the Senate and
fbe country will ace that 1 could not give my sanction to a measure of the character
described, without Furrfndorini? all claim to the respect of honorable men — all confi-
dence 9n the part ot' the pt'ople— all self-respect — all regard for moral and religioue
obligations ; without an observance of which no government can be proi^rous. and
no i^eoplc can be ha(>py. It would be to commit a crime which I would not wilfoU^
commit to gain any **»rthiy rewan), and which would justly subject me to the ridi-
cule and scorn of all virtuous men.**
Mr. President, 1 must think, and hope I may be allowed to say,
with profound deference to tlie Chief Magistrate, that it appears to
me he has viewed with too lively sensibility the personal consequen-
ces to himself of his approval of the bill ; and that, surrendering
himself to a vivid imagination, he has depicted then) in much too
glowing and exaggerated colors, and that it would have been most
happy if he had looked more to the deplorable consequences of a veto
upon the hopes, the interests, and the happiness of his country-
Does it follow that a magistrate who yields hid private judgment to
the concurring authority of numerous decisions, repeatedly and de-
09 THX BANK TCTO. 499
liberately pronounced, after the lapse of long intervals, by all the de-
partments of government, and by all parties, incurs the dreadful pe-
nalties described by the President ? Can any man be disgraced and
dishonored ivho yields his private opinion to the judgment of the na-
tion ? In this case, the country, (I mean a majority) Congress, and
according to common fame, a unanimous cabinet, were all united in
favor of the bill. Should any man feel himself humbled and degraded
in yielding to the conjoint force of such high authority ? Does any
man who at one period of his life shall have expressed a particular
opinion, and at a subsequent period shall act upon the opposite opin-
ion, expose himself to the terrible consequences which have been
portrayed by the President ? How is it with the judge, in the case
by no means rare, who bows to the authority of repeated precedents,
settling a particular question, while in his private judgment the law
was otherwise ? How is it with that numerous class of public men,
in this country, and with the two great parties that have divided it,
who at different periods have maintained and acted on opposite opin-
ions in respect to this very bank question ?
How is it with James Madison, the father of the constitution — ^that
great man whose services to his country placed him only second to
Washington — whose virtues and purity in private* life — whose patri-
otism, intelligence, and wisdom in public councils stand unsurpassed r
He was a member of the national convention that formed, and of the
Virginia convention that adopted the constitution. No man under-
stood it better than he did. He was opposed in 1791 to the establish-
ment of the Bank of the United States upon constitutional ground ;
and in 1816 he approved and signed the charter of the late Bank of
the United States. It is a part of the secret history connected with
the first bank, that James Madison had, at the instance of General
Washington, prepared a veto for him in the contingency of his rejec-
tion of the bill. Thus stood James Madison when, in 1815, he ap-
plied the veto to a bill to charter a bank upon considerations of expc-
pediency, but with a clear and express admission of the existence of
a constitutional power in Congress to charter one. In 1816, the bill
which was then presented to him being free from the objections ap-
plicable to that of the previous year, he sanctioned and signed it. Did
James Madison surrender " all claim to the respect of honorable men-
all confidence on the part of the people — all self-respect — all regard
for moral and religious obligations ?" Did the pure, the virtuous, the
500 SPKICH18 or HENRY CLAT.
gifted James Madison, by his sanction and signature to the charter
of the late Bank of the United States, commit a crime which jostlj
subjected him '' to the ridicule and scorn of all virtuous oaen ?"
Not only did the President, as it respectfully appears to Die, state
entirely too strongly the consequences of his approval of the bill, but
is he perfectly correct in treating the question (as he seems to me
to have done) vrhich he was called upon to decide, as presenting the
sole alternative of his direct approval at rejection of the bill ? Wii
the preservation of the consistency and the conscience of the Presi-
dent wholly irreconcilable with the restoration of the blessings of a
sound currency, regular and moderate exchanges, and the revival of
confidence and business which Congress believes will be secured bj
a National Bank! Was there no alternative but to prolong thesof-
ferings of a bleeding country, or to send us this veto ! From tks
administration of the executive department of the government, duriif
the last twelve years, has sprung most of the public ills which hxn
afflicted the people. Was it necessary that that source of su&riag
should continue to operate, in order to preserve the conscience of the
President un violated ? Was that the only sad and deplorable alter-
native ? I think, Mr. President, there were other alternatives worthy
of the serious and patriotic consideration of the President. The b3\
might have become a law, in virtue of the provision which required
its return within ten days. If the President had retained it three
days longer, it would have been a law without his sanction and wUi>
out his signature. In such a contingency the President would haw
remained passive, and would not have been liable to an^^ accusatioB
of having himself violated the constitution. All that could have beea
justly said, would be, that he did not choose to throw himself in the
way as an obstacle to the passage of a measure indispensable to the
prosperity of the nation, in the judgment of the party which broutM
him into power, of the Whig Congress which he first met, and, if
public fame speaks true, of the cabinet which the lamented Habrimi
called around him, and which he voluntarily continued. In an analo>
gous case, Thomas McKean, when governor of Pennsylvania, thai
whom the United States have produced but few men of equal vigor of
mind and firmness of purpose, permitted a bill to become a law, althoof^
in his opinion it was contrary to the constitution of that State. Asi
I have heard, and from the creditable nature of the source I am ii*
dined to believe, although I will not vouch for the fact, that, towaii
im THE BAKK VKTO. 501
the close of the charter of the first Bank of the United States, during
the second term of Mr. Jeiferson, some consideration of the question
of the renewal of the charter was entertained, and that he exprc*sscd
a wish that if the charier were reni^wed, it might be elTected by the
operalioa of the ten days' provision, and his consistency thus pre-
served.
If it were possible to disinter the venerated remains of Jamrs
M.ADisoN, reanimate his perishing form, and placid him once more in
that chair of state which he so much adorned, what would have been
his coulee if this bill had bren presented to him, even supposing him
never to have announced his acquiescence in the settled judgment of
the nation ? He would have said, that human controversy in regard
to a single question should not l>e perpetual, and ought to have a ter-
mination. This, about the power to establish » Bank of the United
States, has been long enough continued. The nation, under all the
forms of its public action, has often deliberately decided it. A hank,
and associated fmancial and currency questions, which had long slept^
were revived, and have divided the nation durins: tlie last ten veara
of arduous and bitter struggle ; and the party which put down the
bank, and which occasioned all the disorders in our currency and
fmances, has itself been signally put down, by one of those moral and
|)oliticaI revolutions which a free and patriotic people can but seldom
arouse itself to make. Human infallibility has not been granted by
(xod ; and the cliaoces of error are much greater on the side of one
jiian than on that of the noajotity of a whole people and their succes-
sive legislatures during a long period of time. 1 yield to the irresis-
tible force of authority. I will not put myself in opposition to a
measure so imperatively demanded by the public voice, and so essen-
tial to elevate my depressed and Bufkring countrymen.
And why should not President Tyler have sufiered the hill to be-
come a law without his signature ? Withoot meaning the slightest
possible disrespect to him, nothing is further from my heart than the
exhibition of any such feeling towards that distinguished citizen, long
iriy personal friend — it cannot be forgotten that he came into his pre^-
sent office under peculiar circumstances. The people did not foresee
the contingency which has happened. They voted for him as Vice
President. They did not, therefore, scrutinize his opinions with the
care which they juobably ought to ha? e done> and wonkl have done^
* •GO
603 iPEKCBSS OP HUIRT CULT.
if they could have looked into faturity ' If the present state of the
bet could have been antici paled — if at Harrisburg, or at the polls, it
had been foreseen that €»eneral Harrison would die id one short
month after the conimencement of his administration ; that Viee
President Tyler would be elevated to the Presidential chair ; that s
bill passed by decisive majorities of the first Whig Congress, charter-
ing a National Bank, would he presented for his sanction ; and that
he would veto the bill, do I hazard any thing when 1 express the
conviction that he would not have received a solitary vote in the
nominating convention, nor one solitary electoral vote in any state in
the Union ?
Shall I be told that the honor, the firmness, the independence of
the Chief Magistrate might have been drawn in question if he had
remained passive, and so permitted* the bill to become a law ? 1
answer that the oifice -of Chief Magistrate is a sacred and exalted
trust, created and conferred for the benefit of the nation, and not for
the private advantage of the person who fills it. Can any man's re*
putation for firmness^ independence, and honor, be of more importance
than the welfare of a great people ? There is nothing, in my humMe
•judgment, in such a course, incompatible with honor, with firmness,
with independence properly understood.
Certainly, I must respectfully think in reference to a measure like
this, recommended by such high sanctions — by five Congresses — by
the authority of four Presidents — by repeated decisions of the Su-
preme Court — by the acquiescence and judgment of the people of
the United States during long periods of time — by its salutary opera-
tion on the interests of the community for a space of forty years, and
demanded by the people, whose suffirages placed President Tyler id
that second office, from whence he was translated to the first, that he
might have suppressed the promptings of all personal pride of private
opinion, if any arise in his bosom, and yielded to the wishes and
wants of his country. Nor do I believe that in such a course, hf
would have made the smallest sacrifice, in a just sense of personal
honor, firmness, or independence.
But, sir, there was still a third alternative, to which I allude, Mt
because I mean to intimate that it should be embraced, but because
I am reminded of it by s memorable event in the life of PresiicBl
0« THE BAVK T£TO. 603
Tyler. It will be recollected that, after the Senate had passed the
resolution ^leclariDg the removal of the public deposites from the late
Bank of the United States to have been derogatory from the constH
tution and laws of the United States, for which resolution President,
then Senator Tyler, had voted, the General Assembly of Virginia
instructed the Senators from that State to vote for the expunging of
that resolution. Senator Tyler declined voting in conformity with
that instruction, and resigned his seat in the Senate of the United
States. This he did because he could not cqnfomi, and did not think
it right to go counter to the wishes of those who had placed him io
the Senate. If, when the people of Virginia were his only constitu-
ency, he would not set up his own particular opinion in opposition to
theirs, what ought to be the rule of his conduct when the people of
twenty-six States — a whole nation— compose his constituency ? Ii
the will of the constituency of one State to be respected, and that of
twenty-six to be wholly disregarded ? Is obedience due only to the
single State of Virginia ? The President admits that the Bank ques-
tion deeply agitated and continues to agitate the nation. It is incon*
testable that it was the great absorbing, and controlling question, in
all our recent divisions and exertions. I am firmly convinced, and it
is my deliberate judgment, that an immense majority, not less than
two-thirds of the nation, desire such an institution. All doubts in this
respect ought to be dispelled by the lecent decisions of the two
Houses of Congress. I sjpeak of them a$ evidence of the popular
opinion. In the House of Representatives, the majoiity was 131 to
100. If the House had been full, and but for the modification of the
16th fundamental condition, there would have been a probable ma-
jority of 47. Is it to be believed that thb large majority of the im-
mediate representatives of the people, fresh from among them, and
to whom the President seemed inclined, in his opening message, to re-
ler this very question, have mistaken the wishes of their constituents I
■
I pass to the 16th fundamental condition, in respect to the branch-
ing power, on which I regret to feel myself obliged to say, that I
think the President has comment^ with unexampled severity, and
with a harshness of language not favorable to the maintenance of
that friendly and harmonious intercourse which is so* desirable be^
tween co-ordinate departments of the government. The ^President
could not have been uninformed that every one of the twenty-aix
Senators, aod e?ery one of the boiidred and thirty-one Repreaentft-
504 SPEBCHKt OF HBNRT CLAT.
tives vhn Toted for ibe bill, if left to hb own separate wishes, would
have prefviT^d the branching power to hare been conferred UDcondi-
tionally, as it was in the charters of the two former Banks of the
United Slates. In consenting to the restrictions upon the exercise of
that power, ho must have been p(»rfectly aware that they were ac-
tuated by a friendly spirit of compromise and concession. Tet, no
lrh(*re in his message does he reciprocate or return this spirit. Speak-
ing of the assent or dissent which the clause requires, he says:
'' This IRON rule is to give way to no circumstances — it is unbending
and inflexible. It is the ]an«;ua<;e of the master to the vassal. An
* unconditional answer is claimed forthwith." The " high privilege"
of a submission of the- qu^^tion on the part of the State Representa-
tives, to their constituents, according to the message, is denied. He
puts the eases of the popular branch of a State Legislature express-
ing its dissent ^' by a unanimous vote, and its resolution may be de-
feated by a tie vote in the Senate," and '' l>oth branches of the Legis-
lature may concur rn a resolutioir of decided assent, ami yet the Go-
Temor may exert the veto ]H)wer conferred on him by the State con-
stitution, and their legislative action be defeated." ^* The State may
afterwards protest against such unjust inference, but its authority 19
^one." The President continues :
*'To iDfcrencee so violent, and, as thvj seem to me, imiimfuU, I cannot yield
my con!*ent. No court of juttice would or could sanction them, without rtTeraio^
all that is rfltabli^hcd in judicial proceedrrp, bv infroducins presumptions at
ancc trith fact, and inferences at tin. exycnte </ rtawn. A Slate in a condition of
duresse would W presumt^d to speek as un individual, manacled and in prison, might
he presumed to be in the enjoymenr of f^>c>dom. Far better to say lo the :Siate%
boldly and fmnkly, Coiigrez$ tcUts, and tubmiition if demanded."
Now, Mr. President, I wiH not ask whether these animadversions
were prompted by a reciprocal spirit of amity and kmdness, but I in-
quire whether al! of them are perfectly just. Beyond all question,
those who believed in the constitutional right of Congress to exercise
the branching power within the States, unconditionally and without
limitation, did make no small concessfon when they consented that it
should be subjected to the restrictions specified in the compromise
clause. They did not, it is true, concede every thing ; they did not
ahsolutefy renounce the power to establish branches without the
authority of the States during the whole period of the existence of
the charter ; but they did agree that reasonable time should be allow-
ed to the several States to determine whether they would or woald
not give their asseut to the establishment of branches within their
OR THE BAUK VKTO. 505
respective limits. They did not think it right to leave it an open
quetitioD, for the space of twenty years, nor that a State should be
permitted to grant to-day and revoke to-morrow it^ assent ; nor that
it should annex onerous or impracticable conditions' to its assent, but
that it should definitely decide the question, after the lapse of ample
time for full deliberation. And what was that time? No State
would have had less than four months, and some of them trbm five
to nine months, for consideration. Was it, therefore, entirely correct
for the President to say that an '^ unconditional answer is claimed
forthwith ?" Forthwith means immediately, instantly, without de-
lay, which cannot be affirmed of a space of time varying from four to
nine months. And the President supposes that the ^' high privilege^,'
of the members of the State L(.>gislature submitting the question to
their constituents is denied ! But could they not at any time during
that space have consulted their constituents ?
The President proceeds to put what I must, with the greatest de-
ference and respect, consider as extreme cases. He supposes the
)K)pular branch to express its dissent by a unanimous vote, which is
overruled by a tie in the Senate. He supposes that " both branches
of the Legislature may concur in a resolution of decided dissent, and
yet the Governor may exert the veto power." The unfortunate case
of the State whose legislative will should be so checked by executive
authority, would not be worse than that of tho Union, the will of
whose Legislature, in establishing this Bank, is checked and con-
trolled by the President.
But did it not occur to him that extreme cases brought forward on
<he one side, might be met by extreme cases suggested on the other ?
Suppose the popular branch were to express its assent to the estab-
lishment of a Branch Bank by a unanimous vote, which is overruled
by an equal vote in the Senate. Or suppose that both branches of
the Legislature, by majorities in each exactly wanting one vote to
make them two-thirds, were to concur in a resolution inviting the
introduction of a branch within the limits of the State, and the Go-
vernor were to exercise the veto power and defeat the resolution.
Would it be very unreasonable in these two case^ to infer the assent
of the State to the establishmant of a branch ? Extreme cases should
never be resorted to. Happily for mankind, their affairs are but sel-
dom affected or influenced by them, in consequence ifi their rarify.
606 tPKBCHIB or HBITBT OLAT.
The plain, simple, unvarnished statement of the case ia thia : Gott-
gress believes itself invested with constitutional power to aatborize,
unconditionally, the establishment of a Bank of the United States
and Branches, any where in the United States, without asking any
other consent of the States than that which is already expressed in
the constitution. The President does not concur in the existence of
that power, and was supposed to entertain an opinion that the pre-
vious assent of the States was necessarv. Here was an unfortunate
conflict of opinion. Here was a case for compromise and mutual
concession, if the difference could be reconciled. Congress advanced
80 far towards the compromise as to allow the States to express their
fosent or dissent, but then it thought that this should be done within
some limited but reasonable time ; and it believed, since the Bank
and its branches were established for the beneBt of twenty-six States,
if the authorities of any one of them really could not make up their
mind within that limited time either to assent or dissent to the intro-
duction of a branch, that it was not unreasonable, after the lapse of
the appointed time without any positive action, one way or the other,
on the part of the State, to proceed as if it had assented. Now, if
the power contended for by Congress really exists, it must be admit-
ted that here was a concession — a concession, according to which au
unconditional power is placed under temporary restrictions ; a privi-
lege offered to the States which was not extended to them by either
of the charters of two former Banks of the United States. And I
am totally at a loss to comprehend how the President reached the
conclusion that it would have been '^ far better to say to the States,
boldly and frankly, Congress wills, and submission is demanded. '^
Was it better for the States that the power of branching should be
exerted without consulting them at all ? Was it nothing to afford
them an opportunity of saying whether they desired branches or not ?
How can it be believed that a clause which qualifies, restricts and
limits the branching power, is more derogatory from the dignity, in-
dependence and sovereignty of the States, than if it inexorably re-
fused to the States any power whatever to deliberate and decide on
the introduction of branches ? Limited as the time was, and uncon*
ditionally as they were required to express themselves, still those
States (and that probably would have been the case with the greatei
number) that chose to announce their ^sent or dissent could do so,
and get or prevent the introduction of a branch. But the President
remarks that <Uhe State may express, after the most solemn form of
OH THK BANK VBTO* 507
legisUtion, its dissenty which may from time to time thereafter he
repeated, id full view of its owd interest, which can never be sepa*
rated from the wFse and heneficent operation of this government ;
and yet (Congress may, by virtue of the last proviso, overrule its law,
and upon grounds which, to such State will appear to rest on a
constructive necessity and propriety, and nothing more.'^
Even if the dissent of a State should be overruled, in the manner
supposed by the President, how is the condition of that State worse
than it would have been if the branching power had been absolutely
and unconditionally asserted in the charter ? There would have
been at least the power of dissenting conceded, with a high degree of
probability that if the dissent were expressed, no branch would be
introduced. The last proviso to which the President refers is in
these words :
"And provided, never! hele». That whenever it rfiall become neceasary and proper
for carryinj^ into execution any <»f the powers granted by the conatiturion to estab-
liflh an olftce or oilicea in any of the States whatever, and the establishment thereof
shall be directed by law, it snail be the duty of the said directors to establish each
office or olticea accordingly."
This proviso was intended to reserve a power to Congiess to com-
pel the Bank to establish branches, if the establishment of them
should be necessary to the great purposes of this government, not-
withstanding the dissent of a State. If, for example, a state had
once conditionally dissented to the establishment of a branch, and
afterwards assented, the Bank could not have been compelled, with-
out this reservation of power, to establish the branch, however urgent
the wants of the Treasury might be.
The President, I think, ought to have seen in the form and Ian*
guage of the proviso, the spirit of conciliation in which it was drawDi
as 1 know. It does not assert the power ; it employs the language
of the constitution itself, leaving every one free to interpret that lan-
guage according to his own sense of the instrument.
Why was it deemed necessary to speak of its being <^ the language
of the master to the vassal," of '^ thjs iron role," that " Congress
wills and submission is demanded :" What is this whole federal go-
vern men t but a mass of powers abstracted from the sovereignty of
the several States, and wielded by an organized gevernment for
508 •PEBCHBB OF HSIIRT CLAT.
eommoD defence and general welfare, according to the grants of tbe
constitution ? These |>owers are necessarily supreme ; the constitu-
tion, the acts of Congress, and treaties being so declared by the express
words of the constitution. Whenever, therefore, this governnoent
acts within the power granted to it by the constitution, submission
and obedience are due from all ; from States as well as from persons.
And if this present the image of a master and a vassal, of State sub-
jection and Congressional domination, it is the constitution, created
or consented to by the States, that ordains these relations, nor can it
be eaid^ in the contingency supposed, that an act of Congress has
repealed an act of State legislation. Undoubtedly in case of a con-
flict between a State constitution or State law, and the constitution
of the United States or an act of Congress passed in pursuance of it,
the State constitution and the State law would yield. But it could
not at least be formally or technically said that the State constitution
or law was repealed. Its operation would be suspended or abroga-
ted by the necessary predominance of the paramount authority
The President seems to have regarded as objectionable that proYi-
tion in the clause which declares that a branch being once established,
it hhould not afterwatds be withdrawn or removed without the pre-
vious consent of Congress. That provision was intended to operat«
both upon the bank and the states. And considering the changes and
fluctuations in public sentiment in some of the states within the la«t
few years, was the security against them to be found in that provision
unreasonable ? One legislature might invite a branch, which the
next might attempt, by \yenvL\ or other legislation, to drive away. We
have had such examples heretofore ; and I cannot think that it waa
unwise to profit by experience. Besides, an exactly similar provision
was contained in the scheme of a bank which was reported by the
Secretary of the Treasury, and to which it was understood the Presi-
dent had given his assent. But if 1 understand this message, that
scheme could not have obtained his sanction if Congress had passed
it without any alteration whjitever. It authorized, what is termcHl by
the President, local discounts, and he does not believe the constitu-
tion confers on Congress the power to establish a bank having that
faculty. He says, indeed,
" I r<»eard the bill as asfierting for (yongreps the right to incorporate a United Siatca
Bank, with rower nnd right to establish offices of disconnt ana depositc in th« ta^vt-
ral States of thit^ Union, trith or without their content i a prinripU to tehick I katPt «i
wapt hentoforc betn oppcttd^ and which can never obtam my aandion,"
on THE BANK YKTO. ' 509
I pass with pleasure from this painful theme ; deeply regretting
that I have been constrained so long to dwell on it. On a former oc-
casion I stated that, in the event of an unfortunate diflerence of opin-
ion between the legislative and executive departments, the point of
difference might be developed, and it would be then seen whether
ihey could be brought to coincide in any measure corresponding with
the public hopes and expectations. I regret that the President has
not, in this message, favored us with a more clear and explicit exhi-
bition of his views. It is sufficiently manifest that he is decidedly
opposed to the establishment of a new Bank of the United States —
formed ^fter the two old models. I think it is fairly to be inferred
that the plan of the Secretary of the Treasury could not have received
his sanction. He is opposed to the passage of the bill which he has
returned ; but whether he would give his approbation to any bank,
and if any, what sort of a bank, is not absolutely clear. I think it
may he collected from the message, with the aid of information de-
rived through other sources, that the President would concur in the
establishment of a bank whose operations should be limited to dealing
in bills of exchange, to deposites, and to the supply of a circulation,
excluding the power of discounting promissory notes. And I under-
stand that some of our friends are now considering the practicability
of arranging and passing a bill in conformity with the views of Pre'-
sident Tyler. While I regret that I can take no active part in such
an experiment, and must reserve to myself the right of determining
whether I can or cannot vote for such a bill, after I see it in its ma*
tured form, I assure my friends that they shall find no obstacle or
impediment in me. On the contrary, I say to them, go on ; God
speed you in any measure which will serve the country and preserve
or restore harmony and concert between the departments of govern-
ment. An executive veto of a Bank of the United States, after the
sad experience of late years, was an event which was not anticipated
by the political friends of the President ; certainly not by me. Bat
it has come upon us with tremendous weight, and amid the greatest
excitement within and without the metropolis. The question now is^
What shall be done } What, under this most embarrassing and unex-
pected state of things, will our constituents expect of us ? What is
required by the duty and the dignity of Congress ? I repeat, that if,
after a careful examination of the executive message, a bank can be
devised, which will aflbrd any remedy to existing evils, and secure
the Prntident^i tpprobatkni) let the proiectof eoch a bank he preecnt*
510 8PUCHM OP BUniT GI.AT.
ed. It shall encounter no opposition if it should receive no support
from me.
But what further shall we do ? Never since I have enjoyed the
honor of participaling in the public councils of the nation — a period
DOW of near thirty-five years — have I met Congress under more hap-
py or more favorable auspices. Never have I seen a House of Re-
presentatives animated by more patriotic dispositions — more united,
more determined, more business-like. Not even that House which
declared war in 1812 ; nor that which in 1815-6 laid broad and deep
foundations of national prosperity, in adequate provisions for a sound
currency, by the establishment of a Bank of the United States, for
the payment of the national debt, and for the protection of American
industry. This House has solved the problem of the competency ii
of a large deliberative body to transact the public business. If hap*
pily there had existed a concurrence of opinion and cordial co-opera-
tion between the different departments of the government and all the
members of the party, we should have carried every measure con-
templated at the extra session, which the piH>ple had a right to ex-
pect from our pledges, and should have been by this time at our re-
spective homes. We are disappointed in one, and an important one,
of that series of measures ; but shall we therefore despair ? Shall
we abandon ourselves to unworthy feelings and sentiments ? Shall
we allow ourselves to be transported by rash and intemperate pas-
sions and counsels ? Shall we adjourn and go home in disgust ? No !
no ! no ! A higher, nobler, and more patriotic career lies before us. Let
us here, at the east end of Pennsylvania Avenue, do our duty, our whole
duty, and nothing short of our duty, towards our common country.
We have repealed the Sub-Treasury. We have passed a bankrupt
law, a beneficent measure of substantial and extensive relief. Let us
now pass the bill for the distribution of the proceeds of the public
lands ; the revenue bill, and the bill for the benefit of the oppressed
people of the district. Let us do all, let us do every thing we can
for the public good. If we are finally to l>e disappointed in our hopes
of giving to the country a bank which will once more supply it with
a sound currency, still let us go home and tell our constituents that
' we did all that we could under actual circumstances ; and that if we
did not carry every measure for their relief, it was only because to do
■o was impossible. If nothing can be done at this extra session to
pal upon a more stable and satisfactory basis the currency and ex-
Oir TBS SAHK TBTO. 511
changes of the country, let ut hope thtt hereafter aome way will be
found to accomplish that most desirable object, either by an amend-
ment of the constitution limiting and qualifying the enormous .execu-
tive power, and especially the veto, or by increased majorities in the
two houses of Congress, competent to the ^passage of wise imd salu
tary laws, the President's objections notwithstanding.
This seems to me to be the course now incumbent upon us to pur-
sue ; and by conforming to it, whatever may be the result of laudable
endeavors now in progress, or in contemplation, in relation to a new
attempt to establish a bank, we shall go home, bearing no self-ie*
proaches for neglected or abandoned duties.
[Mr. R 1VC8 of Viiginia, followed Mr. Clat, in the debate. At the conclusion of
Mr. KiVK8*8 remarks, Mr. Clat addreaaed the Senate in rejoinder as follows:]
I have no desire to prolong this unpleasant discussion, but I must
say that 1 heard with great surprise and regret the closing remarky
especially, of the honorable gentleman from Virginia, as indeed, I did
many of those which preened it. That gentleman stands in a pe-
culiar situation. I found him several years ago in the half-way-
house, where he seems afraid to remain, and from which he is yet
unwilling to go. I had thought, after the thorough riddling which
the roof of the house had received in the breaking up of the pet bank
system, he would have fled some where else for refuge ; but there
he still stands, solitary and alone, shivering and pelted by the pitiless
storm. The Sub-Treasury is repealed — the pet bank system is aban-
doned— the United States Bank Bill is vetoed — and now when there
is as complete and p<;rfect a re-union of the purse and the sword in
the hands of the Executive as ever there was under Greneral Jack-
son or Mr. Van Buren, the Senator is for doing nothing ! The Sena-
tor is for going home, leaving the treasury and the country in their
lawless condition ! Yet no man has heretofore, more than he haSy
deplored and deprecated a state of things so utterly unsafe, and re-
pugnant to all just precautions, indicated alike by sound theory and
experience in free governments. And the Senator talks to us about
applying to the wisdom of practical men, in respect to Banking, and
advises further deliberation ! Why, I should suppose that we are at
present in the very best situation to act upon the subject. Besides
the many painful years we have had for deliberation, we have been
near thrae months elmoet exdoaively eiigroiied with the very tab*
512 tPllCiafil OF HBiniT CLAT.
Ject itself. We have heard all manner of facts, 8tatementS| and
gnments in any way connected with it. We understand, it seems to
me, all we ever can learn or comprehend abuut a National Bank.
And we have, at leof^t, some conception too of what sort of one will
he acceptable at the other end of the avenue. Yet now, with a vast
majority of the people of the entire country crying out to us for a
Bank — with the people throughout the whole valley of the Missis-
sippi rising in their majesty, and demanding it as indispensable to their
well-being, and pointing to their losses, their sacrifices, and their suf-
ferings, for the want of such an institution — in such a state of things,
We are gravely and coldly told by the Senator from Virginia, that we
had best go home, leaving the pur^e and the sword in the uncontroll-
ed possession of the President, and, above all things, never to make a
Party Bank ! Why sir, does he, with all his knowledge of the con-
flicting opinions which prevail here, and have prevailed, believe that
we ever can make a Bank but by the votes of one party who are in
favor of it, in opposition to the votes of another |larty against it ? 1
deprecate this expression of opinion* from that gentleman the more,
because, although the honorable Senator professes not to know the
opinions of the President, it certainly does turn out in the sequel that
there is a most remarkable coincidence between those opinions and
his own ; and he has, on the present occasion, defended the motives
and the course of the President with all the solicitude and all the
fervent zeal of a member of his Prhy Councit There is a rumor
abroad that a cabal exists — a new sort of kitchen cabinet — whose
object is the dissolution of the regular cabinet — the dissolution of the
Whig party — the dispersion of Congress, without accomplishing any
of the great purposes of the extra session ; and a total change in fact,
in the whole face of our political affairs. I hope, and 1 persuade
myself, that the honorable Senator is not, cannot be, one of the com-
ponent members of such a cabal ; but I must say that there has been
displayed by the honorable Senator to-day a predisposition, astonish-
ing and inexplicable, to misconceive almost all of what I have said,
and a perseverance, after repeated corrections, in misunderstanding ;
for I will not charge him with wilfully and intentionally misrepre-
Benting — the whole spirit and character of the address, which as t
man of honor, and as a Senator, I felt myself bound in duty to make
to this body.
The Senator begins with saying that I dhuge the Prendent
Oir THE BAirX TBTO. 913
" perfidy !" Did I use any such language ? I oppeal to erery gen-
tleman who heard me to say whether I have in a single instancR gone
beyond a fair and legitimate examination of the executive objections
to the bill. Yet he has charged mo with " arraigning"* the President,
with indicting him in various counts, and with imputing to him mo-
tives such as I never even intimated or dreamed, and that, when I
was constantly expressing, over and over, my personal fespect and
rt*gard for Prc^sident Tyler, for whom I have cherisheil an intimate
personal friendship of twenty years' standiTig, ami while 1 expressly
^aid that if tHat friendship should now be interrupted, it should not
be my fault ! Why, sir, what possible, what conceivable motive can
I have to quarrel with the President, or to break up the Whig party ?
What earthly motive can impel me to wish for any other result than
that that party shall remain in [)crfect harmony, undFvtded, and shall
move undismayed, boldly and unitedly forward to the accomplish-
ment of the all-important public objects which it has avowed to be
its aim ? What imaginable interest or feeling can I have other than
the success, the triumph, the glory of the Whig party ? But that
there may be designs and purposes on the part of certain other indi-
ridunis to place me in inimical relations with the President, and to
represent me as personally opposed to him, lean well imagine — indi-
viduals who are beating up for recruits, and endeavoring to form a
third party with materials so scanty as to be wholly insufficient to
compose a decent corporal's guard. I fear there are such individuala,
though I do not charge the Senator as being himself one of them.
What a spectacle has bc^n presented to this nation during this entire
session of Congress I That (^ the cherished and confidential friends
of John Tyler, persons who boast and claim to be, par excellence, his
exclusive and genuine friends, being the bitter, systematic, deter*
mined, uncompromisrog opponents of every leading measure of John
1*yler's administration ! Was there ever before such an example
presented, in this or any other age, in this or any other country ? I
have myself known the President too l»ng, and cherish toward him
too sincere a friendship, to allow my feelings to be affected or aliena-
ted by any thing which ftas passed here to-day. If the President
chooses — which I am sure he cannot, uAleas falsehood has been whis-
pered into his ears or ponon poured into his heart — ^to detach him*
self from me, I shalt deeply regret it, for the sake of our commoo
friendship and our common country. I now repeat, wbtit I before
said, that of all the meaiorev of relief whidi the American Doople
514 tPEKCHU OF HKHBT CLAT.
have called upon us for, that of a National Bank, and a sound and
uniform currency baa been the most loudly and importunately de*
manded. The Senator says that the question of a Bank was not the
issue made before the people at the late election. I can say, for one,
my own conviction is diametrically the contrary. What may have
been the character of the canvass in Virginia, 1 will not say ; proba-
bly gentlemen on both sides were, every where governed in some
degree by considerations of local policy. What issues may therefore
have been presented to the people of Virginia, either above or below
tide-water, I am not prepared to say. The great error, however, of
the honorable Senator is in thinking that the sentiments of a particu-
lar party in Virginia are always a fair exponent of the sentiments of
the whole Union. 1 can tell that Senator that wherever I was — ^in
the great valley of the Mississippi — in Kentucky — in Tennessee — in
Maryland — in all the circles in which I moved every where, ^' Bank
or no Bank'' was the great, the leading, the vital question. At Han-
over, in Virginia, during the last summer, at one of the most remark-
able and respectable, and gratifying assemblages that I ever attended,
I distinctly announced my conviction that a Bank of the United States
was indispensable. As to the opinions of General Harrison, 1 know
that, like many others, he had entertained doubts as to the constita-
tionality of a Bank ; but I also know that, as the election approached,
his opinions turned more in favor of a National Bank ; and I speak
from my own personal knowledge of bis opinions, when I say that I
have no more doubt he would have signed that bill, than that you,
Mr. President, now occupy that chair, or that I am addressing you.
I rose not to say one word which should wound the feelings of
President Tyler. The Senator says that, if placed in like circum-
stances, I would have been the last man to avoid putting a direct
veto upon the bill, had it met my disapprobation ; and he does me
the honor to attribute to me high qualities of stern and unbending
intrepidity. I hope that in |ill that relates to personal firmness — all
that concerns a just appreciation of the insignificance of human life-
whatever may be attempted to threaten or alarm a soul not easily
swaye<l by opposition, or aw^ or intimidated by menace — a stoat
heart and a steady eye that can survey, unmoved and undaunted,
any mere personal perils that assail this poor transient, perishing
frame, I may without disparagement compare with other men. But,
tkera is a tort of couragei uphichy I frankly confesa it^ I do not poa-
OK THB -BAIIK TBTO. M6
boldness to which I dare not aspire, a valor which I cannot
covet. I caiiDOt lay myself down id the way of the welfare and hap-
piness of my country. That I cannot, I have not the courage to do.
1 cannot interpose the power with which 1 may be invested, a power
conferred not for my personal benefit, nor for my aggrandizement, but
for my country's good, to check her onward march to greatness and
glory. 1 have not courage enough, I am too cowardly for that. I
would not, I dare not, in the exercise of such a trust, lie down, and
place my body across the path that leads my country to prosperity
and happiness. This is a sort of courage widely different from that
which a man may display in his prNate conduct and personal rela^
tions. Personal or private courage is totally distinct from that high-
er and nobler courage which prompts the patriot to offer himself a
voluntary sacrifice to his country's good.
Nor did I say, as the Senator represents, that the President should
have resigned. I intimated no personal wish or desire that he should
resign. I referred to the fact of a memorable resignation in his pub**
lie life. And what I did say was, that there were other alternativei
before him besides vetoing the bill ; and that it was worthy of his
consideration whedier consistency did not require that the example
which he had set when he had a constituency of one state, should
not be followed when he had a constituency commensurate with the
whole Union. Another alternative was to sufier the bill, without
his signature, to pass into a law under the provbions of the constitu-
tion. And I must confess I see, in this, no such escaping by the
back door, ho such jumping out of the window, as the Senator talks
about. .Apprehensions of the imputation of the want of firmness
sometimes impel us to perform rash and inconsiderate acts. It is the
greatest courage to be able to bear the imputation of the want of
courage. But pride, vanity, egotism, ao unamiable and ofiensive in
private life, are vieeJi which partake of the character of crimes in the
conduct of public affiiirs. The unfortunate victim of these passions
cannot see beyond the little, petty, contemptible circle of his own
personal interests. All his thoughts are withdrawn from his countrji
and concentrated on his consistency, his firmness, himself. The high,
the exalted, the sublime emotions of a patriotism, which soaring to-
wards heaven, rises fiir above all mean, low, or selfish things, and is
absorbed by one soul-transporting thought of the good and the gloiy
of one's country ave Mv«r Mt in hit impeDetrable boMMsu That ptr
516 SPBlCim OF BIlfS,T CLAT.
triotism which, catching its inspirations from the immortal God^
and leaving at an immeasurable distance below all lesser, groveling,
personal interests and feelings, animates and prompts to deeds of self-
sacrifice, of valor, of devotion, and of death itself — that is public vir-
tue— that is the noblest, the subliraest of all public virtues !
I said nothing of any obligation on the part of the President to con-
form his jodgmcnl to the opinions of the Senate and House of Repre-
sentatives, although the Senator argued as if I had, and persevered
In so arguing, after repeated correctioBs. I said no such thing. 1
know and respect the perfect independence of each department, acting
within its proper sphere of other departments. But 1 referred to
the majorities in the two Houses of Congress as further and strong
evidence of the opinion of the people of the United States in favor of
the establishment of a Bank of the United States. And I contended
that, according to tlie doctrine of instructions which prevBiled in Vir-
ginia, and of which the President is a disciple, and in pursuance of
the example alreiidy cited, he ought not to have rejected the bill.
I have heard that, on his arrival at tke seat of the general govern-
ment, to enter upon the duties of the office of Vice President, in March
last, when interrogated how far he meant to conform in his new sta-
tion, to certain peculiar opinions which were held in Virginia, ht
made this patriotic and noble reply : ^' I am Vice President of the
United States, and not of the State of Virginia ; and I shall be goveri^
ed by the wishes and opinions of my constituents." When I heard
of this encouraging and satisfactory reply, believing, as 1 most reli-
giously do, that a large majority of the people of the United are in
fovor of a National Bank, (and gentlemen may shut their eyes to the
fact, deny or dispute, or reason it away as they please, but it is my
conscientious conviction that two-thirds, if not more^of tile people of
the United States desire such an institution) I thought I beheld a
sure and certain guaranty for the ful6lment of the wishes of the peo-
ple of the United States. I thought it impossible that the wants and
wishes of a great people, who had bestowed such unbounded and
generous confidence, and conferred on him such exalted honors,
should be disregarded and disappointed. It did not enter into mj
imagination to conceive that one who had shown so much deference
and respect to the presi)med sentiments of a single state, diould dis-
play less toward the sentiiuenta of the whole nataon.
Wr THB BAKK TITO.
617
I hope, Mr. President, that, in performing the painful duty which
had devolved on me, I have not transcended the limits of legitimate
debate. I repeat, in all truth and sincerity, the assurance to the S^
nate and to the country, that nothing but a stern, reluctant, and in-
dispensable sense of honor and of duty could have forced firom me the
response which I have made to the President's objections. But in-
stead of yielding without restraint to the feelings of disappointment
and mortification excited by the perusal of his message, I have anx-
iously endeavored to temper the notice of it, which I have been coin*
peiled to take, by the respect due to the office of Chief Magistrate,
and by the personal regard and esteem which I have ever entertained
fiw its present incumbent.
•HH
ON A TRUE PUBLIC POLICY.
Li thb.Sbsatb of TBt\iwnM»SiiATM$f IIabck 4, I84d.
( L€ta the26ck iif FebiiitirirA'r* Gi^iia wMpttte
^e, submitted to the Senate Resolations indicative of the line of policy upon whie^
in his judgment, the Federal Oovemment should be condactad. These Resohiti<—
€oming up for conaidemtioD, Mr. Ci.Anr spoke as follows:
Mr. President : — ^The resolutions which are to form the sahjeet
of the present discussion, are of the greatest importaiicei inyoWing
interests of the highest character, and a system of poli^ which, in
my opinion, lies at the bottom of any restoration of the prosperity of
the country. In discussing them, I would address myself to yoQ b
the language of plainness, of soberness, and truth. I did not cons
here as if I were entering a garden full of flowers and of the richest
shrubbery, to cull the tea-roses, the japonicas, the jasmines and wood
bines, and weave them into a garland of the gayest colors, that by the
beauty of the assortment and by their fragance I may gratify Bar la-
dies. Nor is it my wish — it is far, far from my wish*— to revive any
subjects of a party character, or which might be calculated to renew
the animosities which unhappily have hitherto prevailed between the
two gr^at political parties in the country . My course is hr difierent
from this , it is to speak to you of the sad condition of our countiy ;
to point out not the remote and original, but the proximate, the jb-
mediate causes which have produced and are likely to continue our
distresses, and to suggest a remedy. If any one, in or out of the Se»
nate, has imagined it to be my intention on this occasion to indulge
in any ambitious display of language, to attempt any rhetoric^
flights, or to deal in any other figures than figures of arithmetic, he
will find himself greatly disappointed. The fanner, if he is a judi*
cious man, does not begin to plough till he has first laid ofi* his land,
and marked it off at proper distances by planting stakes by which bis
ploughmen are to be guided in (heir movements ; and the ploughman
accordingly fixes his eye upon the stake opposite to the end of the
\
OH A, nvi PQKJO POUCT. 419
'dcatined fuirow, and then endeaTOfS to reach it by<a itraight md
direct furrow. These resolutions are my stakes.
Bat, before I proeeed to examine them, let me first meet and ob-
viate certain objections, which, as I understand, have been or may-be
urged against them generally. I learn that it is said of these resolii-
tions that they present only general propositions, and that instead 4if
this, I should at once have introduced separate bills, and entered into
detail and shown in what manner I propose to accomplish the obje^
which the resolutions propose. Let me here say, in reply, that Hm
ancient principles and mode of legislation which have ever prevailed
from the foundation of this government, has been to fix first upon the
general principles which are to guide us and then carry out these
principles by detailed legislation. Such has ever been the coune
pursued, not only in the country from which we derive our legisl*^
tive institutions, but in our own. The memorable resolution ofierred
in the British House of Commons by the celebrated Mr. Dunning, is
no doubt familiar to the mind of every one^-that " the power of the
Crown (and it is equally true^of our own Chief Magistrate) had ilK
creased, was increasing, and ought to be diminished.'' When I wai
a member of another legislative body, which meets in the opposite
extremity of this Capitol, it was the course, in reference to the great
questions of internal improvement and other leading measures df
public policy, to propose specific resolutions, going to mark out the
principles of action which ought to be adopted, and then to carry out
these principles by subsequent enactments. Another objection is
urged, as I understand, against one of these resolutions, which is this,
that by the Constitution no bill for ndsing revenue can originate any
where but in the House of Representatives. It is true, that we can-
not originate such a bill ; bat, undoubtedly, in contemplating tba
condition of the public affairs, and in the right consideration of all
questions touching the amount of revenue and the mode in which H
shall be raised, and inv61ving the great questions of expenditure apd
retrenchment, and how far the expenses of the government may safe*
ly and properly be diminished, it is perfectly legitimate for us to de*
liberate and to act as duty may demand. There can be no question
but that, during the present session of Congress, a bill ot revenue
will be sent to us from the other House ; and if, when it comes, we
shall first have gone through with a consideration of the general sub-
ject, fixing the principles of policy proper to be pursued in relation
520 tFBBCRBi OF HBHMT GLAT
to it, it will greatly economise the time of the SenAte, and proportion-
ably save a large amount of the public money.
Perhaps no better mode can be pursued of discussing the resolu-
tions I have had the honor to present, than to take them up in the
order of their arrangement, as I presented them to the Senate, after
much deliberate consideration. The first resdution declares :
t
^ That it is the doty of the general GoTernment, for conducting its idminifltrAioa,
to provide an adequate revenae within the year to meet the current expenses of the
jrepir ; and that any expedient, either by loan or treasury notes* to Mii>ply, in time of
peace, a deficiency of revenue, especially dunng successive yean, is unwise, and
must lead to pernicious consequences."
I have heard it asserted that this rule is but a truism. If so, I re
gret to say, that it is one from which governments too oflen deptrt,
and from which this government especially has departed during the
last five years. Has an adequate revenue been provided within each
of those years to meet the necessary expenses of those same yean ?
No : far otherwise. In 1837, at the called session, instead of impo-
sing the requisite amount of taxes onr the free articles, according to
the provisions of the compromise act, what was the resort of the ad-
ministration ? To treasury notes. And the same expedient of trea-
sury notes was ever since adopted, from year to year, to supply the
deficit accruing. And of necessity this policy cast upon the adminis-
tration succeeding an unascertained, unliquidated debt, inducing a
temporary necessity on that administration to have resort to the same
means of supply.
I do not advert to these facts with any purpose of crimination oi
recriminalion. Far from it : for we have reached that state of the
public afiairs when the country lies bleeding at every pore, and when,
as I earnestly hope and trust, we shall by common consent, dispense
with our party prejudices, and agree to look at any measure proposed
fi>r the public relief as patriots and statesmen. I say then, that,
during the four years of the administration of Mr. Van Buren, there
was an excess of expenditure over the income of the government to
the amount of between seven and eight millions of dollars ; and I say
that it was the duty of that administration, the moment they found
this deficit to exist in the revenue, to have resorted to the adequate
remedy by laying the requisite amount of taxes on the free articles to
meet and to supply the deficiency.
ON A TJRUB PUBUC POUCT. 521
I shall say nothing more on the first resolution, because I do hope
that, whatever the previous practice of this government may have
been, there is no Senator here who will hesitate to concur in the truth
of the general proposition it contains. The next three resolutions All
relate to the same general subjects — subjects which I consider much
the most important of any here set forth ; and I shall, for that reason,
consider them toc^ether. These resolutions assert :
" That furh an ade^nnte r«>venu« cannot be obtained bydnritni on foreign iinpoiis
without adoptinf^ a highor rate than twenty per cent, aia provided fjir in ihi* com-
promise act, which, at the time of its pa!«age, waa saiipns/'d and afvnmed as a rats
that would supply a BulTicient revenue for an economical administration of the Go*
vemment."
" That the rate of duties on foreian imports ought to be augmented beyond the
rate of twenty per cent, sinw to promice a not revenue of twenty-six millions of dol-
lars— twenty-two for the ordinaiy expenses of Government, two for the payment of
the existing debt, ond two millions as a reserved fund for contingencies. '
" That, in the Rdjustmcnt of a tariff to raise an amount of twenty-six millionaof
revenue, the prinpiples of the compromise act genemlly should he adhered to ; ^nd
that et-pecially a mnximnm rate of ad valorem duties fihould be established, from
which there ought to be as little departure as posbible.*'
The first question which these resolutions suggest, is this : What
should be the amount of the annual expenditures of this government ?
Now, on this point, I shall not attempt what is impossible, to be ex*
act and precise in stating what that may be.' We can only make an
approximation. No man, in his private afiairs, can say, or pretends
to say, at the beginning of the year, precisely what shall be the
amount of his expenses during the year: that must depend on many
unforseen contingencies, which cannot with any precision be calcu-
lated beforehand : all that can be done is to make an approximation
to what ought to be or what may be the amount. Before I consider
that question, allow me to correct here an assertion made first by4he
Senator from South Carolina (Mr. Calhoun) and subsequently by
the Senator from Missouri, near me, (Mr. Linn) and L believe by one
or two other gentlemen, namely, that the Whig party, when out of
power, asserted that, if trusted with the helm, they would administer
this government at an amount of expenditure not exceeding thirteen
millions of dollars. I hope, if such an assertion was actually made
by either or all of these gentlemen, that it will never be repeated
again without resorting to proof to sustain it. I know of no such
positron ever taken by the Whig party, or by any prominent member
of the Whig party. Sure I am that the party generally pledged itself
to no such reduction of the public expenses — none* *
52S tPSBCHM OF HBNRT CLAT.
And I agaio say, that I irost, before such aa aisertioii ia lepeatMl,
the proo& will be adduced. For in this case, aa in othen, thatiirhidi
is asserted and reiterated comes at last to be believed. The Whig
party did promise Economy and Retrenchment, and I trast will per-
fofm their promise. I deny (in no ofiensiire sense) that the Whig
party ever promised to reduce the expenditures of the government
to thirteen millions of dollars. No; but this is inrhat they said:
During the four years of the administration of Mr. Adams the aver-
ago amount of the public expenditure was but thirteen millions,
and you charged that administration with outrageous extravagance,
and came yourselves into power on promises to reduce the annual
expenditure ; but, having obtained power, instead of reducing the
public expenses, you carried them up to the astonishing amount of
nearly forty millions. But, while the Whigs never asserted that they
would administer the Government with thirteen millions, our oppo*
nents, our respected opponents, after having been three years in power,
instead of bringing the expense below the standard of Mr. Adam^
administration, declared that fifteen millions was the amount at which
the- expend itureb should be fixed. This wad the ground taken by
Mr. McLane, when he was at the head of the Treasury. I have his
Report before me , but as the fiwt, I presume, will not be denied, I
ibrbear to read from it. He suggests atr the fit amount to be raised
by the Tarifi* he had proposed, the sum of fifteen millions of dollars
as^sufScient to n^et the ^ants of the Government.
I hope now, I have shown that the Whig party, before they ob
tained power, never were pledged to bring down the public expenses
either to thirteen or to fifteen millions. They were pledged, I admit,
to retrench unnecessary expenditures, and to make a reasonable de-
duction whenever it could properly be made consistently with the
pttblys service : that process, as I understand, is now going on in both
Houses, and I trust the fruits will be seen before the end of the pres-
ent session. Unpledged, therefore, as the Whig party was, as to any
specific amount, the question recurs, at what sum can the expenses
of the Government be now fixed ?
I repeat that the exact amount is difficult to be ascertained. 1
h%ve stated it in the resolutiou I now offisr at twenty-two millkmi ,
and I shall soon show how I have arrived at that amount. But, be
ore I do that, allow ^le to call the attention of the Senate to the
OS A TBUS PU9UC JPOLICr, 593
expenditures of the preceding., admiDistration 4 for, in attempting ta
file a sum for the future, I know of no course but to look back upon
cbe experience of the past, and then to endeavor to deduce from it
the probable amount of future .expenditure. What then, were tha
expenditures of the four years of the. past Administration ?
Iq18S7 the amount was 897,265,037 15
In 1888 it was 89,455,438 85
, la 1889. 87,614,986 16
Inl&W 28,226,538 81
Making an asgregate of. 1^142,561,915 46
Which gives us an average per year of 35,640,486 38. The sura
I have proposed is only twenty-two millions, which deducted from.
thirty-five as above, leaves a reduction of $13,640,000 — being a sura
greater than the whole average expenditure of the extravagant and
profligate administration of Mr. Adams, which they told us was so
enormous that it must be reduced by a great ^^Retrenchment and
Reform.*'
I am not here going to inquire into the items which composed the
large expenditures of the four years of Mr. Van Buren's administr^
tion. I know what has been said, and ilrill again be said, on that
subject — that there were many items of extra expenditure, which
may never occur .again. Be it so; but do we not know that every,
administration has its extras, and that these may be expected to arisen .'
and. will and must arise under every administration beneath the sun ?
But take this also into view in looking at the expenses of that ad-
ministration : that less was expended on the national defences — ^less,
in the construction or repair of fortifications — less for the navy, and
less, for other means of repelling a foreign attack, than perhaps ought
lo have been expended. At present we are all animated with a com-
mon zeal and determination on the subject of defence ; all feel the
feiQCessity of some adequate plan of defence, as well upon the ocean
a^.the land, and especially of putting our navy and our fortifications
in. a better state to defend the honor and protect the rights of the na-
tion. We feel this necessity, although we all trust that the calamity
oCa war may be averted. This calls. fo^ a greater amount of money
for ;lhe8e purposes than waa appropriated under Mr. Van Buren's ad-
tniniatration ; beside which, in the progress of affiiirs, unforeseen ex-
igencies may arisoi and do conslaiidy.oecar, calling for -other appr«»-
524 BPSBCHIt OF HIKRT OLAT.
priations needed, which no man can anticipate. Eyery ministry in
every government— erery administration of our own government
has its extraordinaries and its contingencies ; and it is no apology for
Mr. Van Buren^s administration to say that the circnmstmnces which
occasioned its expenditures were extraordinary and peculiar. Making
all the allowances which its warmest friends can ask for the ex->
penses of the inglorious war in Florida — a contest which has profusely
wasted not only the resonrces of the Treasury, hut the hest blood of-
the nation — making the amplest allowance for this and for all other
extras whatever, the sum expended by the last administration stiU
remains to be far, far beyond what is proposed in these resolutions as
sufficient for the present, and for years to come. It must, in candor,
be conceded that this is a very great diminution of the national ex-
penditure ; and such, if nothing else were done, would redeem the
pledge of the Whig party.
But let us now consider the subject in another light Thirteen
millions was the average annual amount of expenditure under Mr.
Adam's administration, which terminated thirteen years ago. I
should be authorized, therefore, to take the commencement of hit
administration in 1825 being a period of seventeen years, in making a
comparison of the progressive increase of the national expenditures ;
or, at all events, adding one-half of Mr. Adam's term to make the pe»
riod as running fifteen years back ; but I shall not avail myself of
this perfectly fair calculation ; and I will therefore say, that at the end
of thirteen years, from the time when the expenditures were thirteen
millions, 1 propose that they be raised to twenty-two millions. And
is this an extraordinary increase for such a period, in a country of
such rapid increase and development as this is ? What has occurred
during this lapse of time ? The army has been doubled, or nearly
so ; it has increased from a little over 6,000 men to 12,000. We
have built six, eight or ten ships of the line, (I do not recollect the
precise number ;) two or three new States have been added to the '
Union ; and two periodical enumerations have been made of the na^
tional population ; besides which there have been, and yet are to be,
vast expenditures on works of fortification and national defence. —
Now, when we look at the increase in the number of members in
both Houses of Congress, and consider the necessary and inevitable
progress and growth of the nation, is it, I ask, an extraordinary thing
that at the end of a period of thirteen years our expenditures ahooM
on A THOB TOltlC POUCT. 89ft
e ftom thirteen to twenty-two millions of dollan 7 If we Uk*
the period at seventeen years, (aa we &irly may,) or At but fifteen
years, ihe incTetiae of expenses wilt be found not to go beyood the
proportional increase of our population within the lame period. Tl«l
increase is found to be about four per cent, annually ; and Ihe increase
of government expenditures, at Ihe rale above staled, will not exceed
thai. This is independent of any augmentation of the army or navy,
of the addition of new States and Territories, or the enlargement of
the numbers in Congress. Taking the addilion, at the end of thirteen
years, to be nine millionsof dollars, it will give an annual average in-
crease of about $700,000. And I think that the government of no
people, young, free, and growing as is this nation, can under circuio-
stances like ours, be justly charged with rashness, recklessness w
extravagance, if iU expenses increase but at the rate of f 700,000
per annum. If our posterity, after their numbers shall have swelled
to one hundred millions, shall find that their expenses have augment-
ed in no greater ratio than this, they will have no cause of complaint
of the profuseness or extravagance of their government.
But it should be recollected that while I have fixed the rate of
expenditure at the sum I have mentioned, viz : twenty-two miUioni,
this does not preclude further reductions, if Uieyshall be found prac-
ticable, after existing abuses have been explored, and all useless or
unnecessary expenditures have been lopped off.
The honorable Senator from South Carolina (Mr. Calhoun) haa
favored us, on more occasions than one, with an account of the re-
forms he effected when at the head of the War Department of this '
government ; and certainly no man can be less disposed than 1 am to '
deprive him of a single feather which ho thinks he put in his cup by
that operation. But what does he tell ns was his experience in (hit
basiness of retrenchment ? He tells us what we all know to be trua
— what every father, every householder, especially finds to be true in
his own case—that it is much easier to plunge into extravagance
than to reduce expenses ; and it is pre-eminently tru^ of a nation.
Every nation finds it &r easier to rush into an extravagant expend)-
tdre of the money entrusted to its public agents than to bring down
the public expenditures from a profiise and reckless to an economical
'Standard. AH useful and salutary reforrru must he made with cara
atxl eircumqieetion. Tly> gentle'auui from South Cwt^ina admita
526. 8PEXCHK8 or . HXNRT , CLAY.
'f
ihBjL the reforms he; accomplished took him four yewrs to brii^ about.
It was not till after four years of constant exertion that he. was ena*
Ued to establish a system of just accountability, an4 to bring doiwn.
t(ie expenses of the army to that averagei per mai^ to which, they
were at length reduced. And now, with all his personal knowledge
of the difficulties of such a task, was it kind in him, was it kind or
fair in his associates, to taunt us, as they have done, by already ask*
ing, '^ where are the reforms you promised to accomplish when yov.
were out of power ?"
[Mr. Cauiouk here rose to expIaiD, and observed that wha^ he had agaio and
astin said on the subject ot reforms was no more than thb, that it was time the
promised reforms shonld begin ; it was time they should begim ; aad that was aJI
hq now asked.}
Very well ; if that is all he asks, the gentleman will not be disap*.
pointed. We could not begin at the extra session ; it could not the&.
reasonably be expected of us ; for what is the duty of a new adminis-
tration when it first comes into the possession of power ? Its imme-
diate and pressing care is to carry on the government ; to become ac-
quainted with the machine ; to look how it acts in its various parts,
and to take care that it shall not work injuriously to the public in-
terest. They cannot at once look back at the past abuses ; it is not :
practicable to do so ; it must have time to look into the pigeon holes .
of the various bureaux, to find out what has been done, and what is
doing. Its first great duty is to keep the machine of government in
regular motion. It could not, therefore, be expected that Congress
would go into a thorough process of reform at the extra session. Its
peculiar object then was to adopt measures of immediate and indis-
pensable relief to the people and to the government. Besides which^
the subsequent misfortunes of the Whig party were well known.
Pi^esident Harrison occupied the chair of State but for a single month,
and the members of his cabinet left it under circumstances which, let
me here say, do them the highest honor. I do not enter upon the
inquiry, whether the state of things which they supposed to exist
did actually exist or not ; but believing it to exist, as they did, their
resignation presents one of the most signal examples of the sacrifice
of the honors and emoluments of high station, at great expense and.
personal inconvenience, and of noble adherence to honor and good
faith, which the history of any country can show. But I may justly
claim; not only on behalf of the retiring Secretaries^ but for the wholp •
ON A TRUX FUBUC POUCT. ^ 527
Whig party, a stern adherence to principle, in utter disregard of the
■polls doctrine, and of all those hase motives and considerations which
address themselves to some men with so great a power. I say, then^
that the late extra session was no time to achieve a great and exteiR
siye and difficult reform throughout the departments of the govern-
ment ; a process like that caA be attempted only during a regular
session of Congress; and do not gentlemen know that it is now in
progress, by the faithful hands to which it has here and elsewhere in
Congress been committed ? and that an extraordinary committee has
been raised in this body^ insomuch that to eflect it, the Senate has
Bdthewhat shot from its usual and appropriate orbit by establishing a
standing Committee of Retrenchment ? . If the honorable Senator
from South Carolina took four years to bring down the expenses of
the War department, when under his own immediate superintend-
ence, I may surely, with confidence, make my appeal to his sense
of Justice and liberality, to allow us at least two years befbre he re-
pioaches us with a failure in a work so much more extensive.
I will now say that, in suggesting the propriety of fixing the an«
nnal average expenditure of this government at $22,000,000 from
this time and for some years to come, it is not my purpose to pre«
chide any jfurther reduction of expense by the dismissal of useless
officers, the abolition of useless institutions, and the reduction of
unnecessary or extravagant expenditures. No man is more de*
mious than I am of seeing this government adminbtered at th6
smallest possible expense consistent with the duties entrusted to us
in the management of our public interests both at home and abroad.
None will rejoice more if it shall be found practicable to reduce our
expenses to $18,000,000, to $15,000,000, or even to $13,000,000.
None, I repeat it, will rejoice in such a triumph of economy more
heitf tily than I. None — none. But now allow me to proceed to
state by what process I have reached the sum of $22,000,000, as
proposed in the resolution I have oflered. The Secretary of the
Tneasury has presented to us estibaates for the current year, indepen-
dent of permilnent expenses of $1,500,000, amounting to about
$24,500,000, which may be stated under the following heads,
fiamely :
For the civil list, foreign intercoune, and miseenaneous m,000,9^ 85
For the War Department, indnding all branches 1 l,7r7,791 27
Naval Service 8,706,579'*^
Making ff9M24,S06
52S IPfiECHEB OF H£NRT CLAT.
And here let me say a single word in defence of the army. Tbe
department of War comes to us with estimates for the sum of $11,
717,791 27 ; and those who look only on the surface of things may
8i]|»pose that this sum is extraordinarily large ; but there are many
items in that sum. I have before me a statement going to show thai
of that sum only $4,000,000 are asked for the military service pro*
per — a sum less than is demanded for the naval service proper, and
only double the amount at which it stood when the honorable gende«
man from South Carolina left the department. The sum was then
about $2,000,000 ; it is now quite 4,000,000 ; while, during the
same period, the army has been nearly doubled, besides the raising
of mounted regiments, the most expensive for that very season of
any in the service. 1 think that the gentleman from South Carolina,
if he looks into the subject in detail, will find that the cost of the
army is not at this hour greater, per man, than it was when it was
under his own personal administration. So I am informed ; and that,
although the pay has been laised a dollar a month, which has very
largely augmented the expenditure.
. The executive branch of the government has sent its estimates,
amounting in all to $24,500,000 for the service of the current year,
which, with the $1,500,000 of permanent expenditure, makes
twenty-six millions. How much is to be added to that amount for
appropriatians not yet estimated, which may be made during the
session by Congress, to meet honest claims, and for other objects of
a public nature ? I remember one item proposed by my friend near
me (Mr. Mangum) for a quarter of a million for the building of
a -steam ship, an item not included in the estimates, but for which
the Senate has already appropriated ; besides which there are va-
rious other items which have passed or will pass during the pre-
sent session. When the honorable gentleman from New Hamp-
shire was at the head of the Treasury, he made, in his commu-
nications to Congress, constant complaints of this verypractice.
He well rcsnembcrs that he was ever complaining that the expendi-
tures of government were swelled far beyond the executive estimates,
by appropriations made by Congress not estimated for by the depart-
mente. I have calculated that we shall add to the $2r>,000,000,
estimated for by the executive departments or permanently required,
at least $1,500,000, which would raise the sum for this year to
$27,500,000.
OH A TKUI PUBLIC POLtCt. 529
Uo-sr then do I propose to bring Ihia down to $22,000,000 ? I
hnve, I own, some fears that we shall not be able to efiSxt it ; but I
hope we shall so far reduce ihe eslimatea and prevent unnecessary
appropriations, that the total expenditure shall not eKcred that
■mount. The mode in which I propose to reach such a result is this :
I suppose we may eflect a reduclion of the civil list to the ainoaot of
$5iX),(X)0. That general head includes, among other things, the
expenses of the two Houses, and, as I have beard, the other House
has alreadv introduced a report which, if adopted, will cut down those
expenses $100,000,thouehIlbiDk that tbey should be reduced much
more. 1 estimate then $3,600,000 for the civil list instead of
$4,000,000 ; then 1 estimate $9,000,000 for the War department,
instead oi $1],717,000. Id a conversation which I have lately
held with the ChairmaD of the Military Committee of thb body,
he expressed the apprehension that it could not be reduced belov-
$10,000,000, but I hope it may be cut down to nine. As to the
naval service, the estimates of the Department for that branch
of the service .amount to $B,7Q7,60Q ; an amount I think far too
high, and indeed quite extravagant. I was greatly astonished at
learning the amount was so large. Still I know that the Navy is the
fayorite of all, and justly ; it is the boast of the nation, and our great
resource and chief dependence in the contingency of a war ; no man
thinks, for a moment, of crippling or disabling this right arm of our
defence. But I have stipposed that without injury the appropriation
asked for might be reduced from $8,707,500 to $6,500,000. This
wonld put the reduction in the naval on a footing with that in the
military appropriation, and still leave a greater appropriation than
usual to that department. The reduction to $6,500,000, is h
large as I think will be practicable, if we are to provide for pro-
posed experiments in the application of steam, and are, besides, to
add largely to the marine corps. How, then, will the total of our
expenditures stand ? We shall hare —
Forihe civil and diplomatic expcnsei of ilie Ganrnincnt $3,600,000
F«rthe milintsry Mnice 9,000,000
For tbe navil Bcmce 6.500,000
For periDuMnt approiiiiiitioiui 1,600,000
ForWroi>['^tioiisDoi incloded in the cMimaua 1,0)0,000
Makisc v> Rgsrecale of. 912,000,000
To thit HaDuitt I tu^oM utd hope our expenMi Imy Im ndaeei,
580 sr^BCBit or hsbtet clat.
. until, on doe investigation, it shall be discovered that still fiiither
ductions may be e^cted.
. Weill then, having fixed the amount at twentj-two millions for
the ordinary current expenses of Government, I have supposed it ne>
cessary and proper to add $2^,000,000 more to make provision for
the payment of the existing National Debt, which is,' in the event of
the loan being taken up, $17,000|000. And then I go on to add
$2,000,000 more as a reserved fund, to meet contingencies, so that,
should there be a temporary rise of the expenditures beyond $22,*
000,000, or any sudden emergency occur which could not be igs-
ticipated or calculated on, there may be the requisite means in the
Treasury to meet it. Nor has there been a single Secretary at the
head of the .Treasury since the days of Mr. Gallatin, including the
respectable gentleman from New Hampshire opposite, (Mi. Wood-
bury,) who has not held and expressed the opinion that a reserved
fund is highly expedient and proper for contingencies. Thus I pro-
pose that $22,000,000 shall be appropriated fojr ordinary ex-
penses, $2,000,000 more to provide for the public debt, and the
other $2,000,000 a reserved fund to meet contingenciei ; maldqg
in all $26,000,000.
The next enquny which presents itself is, how this amount oviijii
to be. raised ? There are two modes of estimating the revenue to
be derived from foreign imports, and either of them presents only
ground for a conjectural result ; but so fluctuating is the course of com-
merce, that ^very one must see it to be impossible to estimate, with
precission, the exact amount of what it will yield. In forming my es-
timate, 1 have taken the amount of exports as presenting the best basis
of calculation. But here let me add, that at the Treasury they have
taken the imports as the basis ; and I am gratified to be able to state
that, I understand, on comparing the results arrived at, although the
calculations were made without concert, those of the Secretary txim
out to be very nearly, if not exactly, the same with those to which I
have been conducted. I will here state why it is I have taken the
exports as the ground of my calculation, adding thereto fifteen per
cent, for profits. The exports are one means of making foreign pur-
chases. Their value is ascertained at the ports of exportation, under
the act of 1820, and the returns generally present, the same value.
The price of cotton, as an example, at home, is always regulated by
OH A-TfttTB PUBUC l^OUCT. fSSl
tli^ price Sa the Lhreipool market. It follows, tberefbre,thlkt by taloM^
the yalue of any commodity at the place of its export, you reach iu
truevalde ; for, if the price readized abroad be sometimes above and
sometimes below that amount, the excess and deficiency will probably
neutralize each other. This is the fairest mode for another reason :
if in any one year more foreign goods shall be purchased than the ex*
ports of that year would pay for, a credit is created abroad which must
be extinguished by the exports of some succeeding year.
[Mr. BucHAHAjr here inqnired if any deduction had been made hy Mr. Giav firoBi
the exports, to pay the interest, 9ui. on American debt held abroad 1 Mr. C. replied
that the Senator would presently tee that he had.]
I think the Senate will agree with me in assuming that the exports
form a more correct and reliable standard of estimation than the im
ports. However that may be, the accidental coincidence betweeli
the results arrived at in either mode fortifies and proves the calcula
tion itself to have been founded on correct.principles. Those results,
as shown by the Secretary of the Treasury are now, I believe, in this
House ; and I regretted that I could not examine them before I rose
to address the Senate.
I will now show you, that the exports from 1836 to 1841, indhh-
s^ve — a period of six years — amount to $621,004,125, being an aver-
age annual amount of $103,500,687. That I take as presenting a
safe ground of calculations for the future. To this I propose to add.
fifteen per cent, for profits — in which I do but follow Mr. £winQ|
the late Secretary, in bis report at the Extra Session. It is certainly
a great profit, (I include of course all expenses and charges of every
kind) and with this addition, the annual amount will be $118,957,187
— say $119,000,000. Deducting, for the interest and principal of the
American debt abroad $10,000,000 per annum, it will leave a net
amount of $109,000,000. There can be no dispute as to the proprie^
of such a deduction; the debt exists, it must be provided for ; and
my fear is that this amount will prove too small to meet it. I think
that much more may probably be needed ; but certainly none can oh-*
ject to the reserve of $10,000,000. We thus get, as I said, a n«t
balance from our annual exports, including profits, of $109,000,000.
• ■
Of this amount of importation how much is now firee from duty ?
The free goods, including tea and cofiee, amount to $30,000,000 ; from
itrhich amount I deduct for tea' and oofie, assuming that they will be
532 SPXECHS8 OF HENRT CLAT-
subjected to moderate duties, $13,000,000, leaTing the amoani of free
articles at $18,000,000; deduct this from $109,000,000, the amount
of exports, and it will leave a balance of $91,000,000, which may be
assumed as the amount of dutiable articles for some years to come.
How, then, out of these $91,000,000 of dutiable goods are we to raise
a revenue of 26,000,000 ? No man, 1 presume, will rise here in hii
place and say that we are to rely either on direct or internal taxes.
Who has the temerity to meet the waves of popular indignation which
will flow round and bury him, whoever he may be, that should pro*
^ pose, in time of peace, to raise a revenue by direct taxation ? Yet
this is the only resource to fly to, save the proceeds of the public
lands, on which 1 shall speak presently, and which I can satisfy any
man is not to be thought of. You are, therefore, to draw this amount
of $26,000,000 from the $91,000,000 of dutiable articles imported,
and, to reach that sum, at what rate per cent, must you go ?
1 shall here say nothing, or but a word or two, on the subject of
home valuation — a subject which a friend has care of, (Mr. Simmons,)
than whom none is more competent to its full elucidation. He thinks,
ss I understand, that there can be devised a satis&ctory system of
such valuation, and I heartily wish him success in the attempt I
will only say that, in my opinion, if we raise but $10,000,000, ^rith-
out any reference whatever to protection, without reference to any
thing but to mere honesty, however small the amount may be, we
should ourselves assess the value of the goods on which we lay the
duty, and not leave that value to be fixed by foreigners. As things
now stand, we lay the duty, but foreigners fix the value of the goods.
Give me but the power of fixing the value of the goodj, and 1 care
little, in comparison, what may be the rate of duty you impose. It
is evident that on the ad valorem principle it is the foreigner who
virtually fixes the actual amount of the duty paid. It is the foreigner
who, by fixing that value, virtually legislates lor us ; and that in a
case where his interest is directly opposed to that of our revenue. I
say, therefore, that independent of all considerations of protection, in-
dependent of all ends or motives but the prevention of those infamous
frauds which have been the disgrace of our custom-house — frauds in
which the foreigner, with his double and triple and quadruple invoices,
ready to be produced as circumstances may require, fixes the value
of the merchandise taxed — every consideration of national dignity,
justice, and independence demands the substitution of home valuation
<Mr A TRUE PUBLIC POUCT. 533
in the place of foreign. What effect such a change may have in the
augmentation of the revenue I am not prepared to say, because I do
nut know the amount : I think the rate may be set down at from
twenty to twenty-five per cent, in addition to the foreign value of im-
ports. I do not speak with great confidence. If the rate is twenty-
five per cent., then it would add only hvc per cent, to the rate of
twenty per cent, established by the compromise act. Of course, if
the home be substitute^} for the foreign valuation, the augmentalion
of duties beyond twenty per cent, will be less by that home valuation,
whatever it may be. Without, however, entering into th^; question
of home valuation, and leaving that subject to be arranged hereafter,
1 shall treat the subject as if the present system of foreign valuation
is to continue.
I then return to the inquiry, on an importation amounting to
^91,000,000, how much duty must he imposed in order to raise a
net revenue of |i26,000,000? The question docs not admit of
perfect accuracy ; the utmost that can be reached is a reasonable ap-
proximation. Suppose every one of the imported articles to be sub-
ject to a duty of thirty per cent, then the gross revenue will amount
to j^27 ,300,000. Deducting the expenses of collection, which may
be stated at $1,600,000, will give $25,700,000, or $300,000 leM
than the proposed amount of $26,000,000.
But 1 might as well take this opportunity to explain a subject which
is not well understood. It has been supposed, when I propo^ to fix
a rate of ad valorem duty as the maximum to be allowed, that my
meaning is, that all articles, of every description^ are to be carried up
to that point, and fixed at that rate, as on a sort of bed of Procrustes.
But that is not my idea. No doubt certain articles ought to go up
to the maximum — I mean thbse of prime necessity belonging to the
class of protected articles. There are others, such as jewelry and
"watches, and some others of small biilk and great comparative value,
and therefore easily smuggled, and presenting a great temptation to
the evasion of duty, wKich ought to be sobjected to a less rate.
There should, therefore, be a discrimination allowed under the maxi-
mum rate according to the exigency of the respective circumstances
of each particular interest concerned. Since it will require a duty ct
thirty per cent, on all articles to give the amount of $25,700,000,
and since some of them will not betr so high a duty as thirty per
eent., it follows that less than that rate will certainly not answer tha
•U
534 •pncHES OF RsintT cLat.
necessary demands of the government, and it may in some partiealat
cases require a rate somewhat higher than that in order to raise the
proposed sum of $26,000,000. But as the reserved fund of $2,000,-
000 for contingencies will not require an annual revenue for that
purpose, should the amount of duties levied be less than $26,000,000,
or even between 24,000,000 and 25,000,000, the reserved fund may
be made up by accumulations, during successive years, and still leave
an amount sufficient to meet an annual expenditure of $22,000,000,
and $2,000,000 for the public debt. I now approach the considera-
tion of a very important branch of the subject in its connexion with
the compromise act.
I shall not here attempt to go again into the history of that act.
1 will only say that, at the time of its passage, it was thought right
that the country should make a hiv experiment of its efiect ; and that
as the law itself met the approbation of all paits of the country, its
provisions ought not lightly to be departed from ; that the principles
of the act should be observed in good faith ; and that, if it be neces-
sary to raise the duties higher than twenty per cent., we ought to
adhere to the principles of the compromise, then, as far as it should
be possible to do so. I have been animated, in the propositions I
now offer to the Senate, by the same desire t^at prompted me, when-
ever the act has been assailed by its opponents to stand by and de-
fend it. But it is necessary now to consider what the principles of
the compromise act really are.
I. The first principle is, that there should be a fixed rate of ad
valorem duty, and discrimination below it.
il. That the excess of duty beyond twenty per cent, should, by
a gradual process, commencing on the 31st December, 1833, be re-
duced, so that by the 30th June, 1842, it should be brought down
to twenty per cent.
III. That, after that day, such duties should be laid for the purpose
of raising such revenue as might be necessary for an economical ad-
ministration of the government ; consequently excluding all reaort to
internal taxation, or to the proceeds of the public lands. For, con-
temporaneously with the pendency of the compromise act, a bill
prading for the distribution of those proceeds.
ON A TBUK rUBLIC FOUOT. 586
IV. That, after the 30th June, 1842, all duties should be paid in
ready money, to the exclusion of all credits.
V. That, after the same day, the assessment of the value of all
imports should be made at home and not abroad.
VI. That, after Ae same day, a list of articles specified and enu-
merated in the act should be admitted free of duty, for the benefit of
the manufacturing interest.
These are the principles, and all the principles, of the compromise
act. An impression has been taken up most erroneously that the
rate of duty was never to exceed twenty per cent. There is no such
limitation in the act. I admit that at the time of the passage of the
act a hope was entertained that a rate of duty not exceeding twenty
per cent, would supply an adequate revenue to an economical ad^
ministration of the government. Then we were threatened with that
overflow of revenue with which the Treasury was subsequently
inundated ; and the difficulty was to find articles which should be
liberated fi'om duty and thrown into the fi*ee class. Hence, wines,
silks, and other luxuries were rendered free. But the act, and no
part of the act, when fairly interpreted, limits Congress to the iron
rule of adhering for ever, and under all circumstances, to a fixed and
unalterable rate of twenty per cent. duty. The first section is in the
following words :
**Be it enacted, ifc. That from and after the thirty-first day of December, one thoo-
sand eight hundred and thirty-three, in all castas where duties nre imposed on for-
eign imports by the act of the fourteenth day of July, one thousand eight handivd
and thirty-two, entitled *An act to alter and amend the several acts imposing duties
on imports,* or by any other act, shall exceed twenty per centum on the value therft.
of, one tenth part of such excess shall be deducted; from and after the thirty^lQbnt
day of December, one thousand eight hundred and thirty-fivc another tenth part
thereof shall be deducted ; from and after the thirty-first day of December, one
thousand eight hundred and thirty-seven another tenth part thereof shall be deduct-
ed : from and after the thirty-first day of December, one thousand eight hundred
and thirty-nine, another tenth part thereof shall be deducted : and from and after
the thirty-first nay of December, one thousand eight hundred and forty-one, one- '
half of the residue of such exc<*sei shall be deduoted; and from and after the thir-
tieth day of June, one thousand eight hundred and forty-two, the other half thereof
liiail be deducted.'*
The provision of that section is nothing more nor less than that the
existing duties should be, by the 30th 5une, 1842, brought down to
twenty per cent. What then ? Were they always to remain at that
rate r The section does not so declare. Not only if this not ox-
536 tPiBCHES or hbhrt clat.
pected, and was not so understood, but directly the reverse is assert-
ed, and was so understood, if the exigencies of the Treasury required *
a higher rate to provide the revenue necessary to an economical ad- ~
ministration of the jgovernment. The third section, which embodies
most of the great principles of the act, is ia these words :
" Sbc. 8. And be it further enacted. That, until the tUrteenth day of June, one
thousand eight hundred and forty-two, the dudes impoeevby existing laws, as mod-
ified by this act, shall remain and continue to be collected. And. from and after
the dav last aforesaid, all duties upon imports shall be collected in ready money ;
and all credits now allowed by law, in the payment of dntiea, shall be, and hereby
are, abolished ; and such duties thaii be laid lor the puqHi.^e of raibing such revenue
as may b« necessary to an economical udminislration of the government ; and, from
and Bt\er the day ia«t aforesaid, the duties required to be paid by Uw on goods,
wares and merchandize shall be assessed upon the value thereof at the port whera
the same shall be entered, under such regulations as may be prescrit>ed by law."
What is the meaning of this language ? Can any thing be more
explicit or less liable to misconception ? It contains two obligations.
The first is, that there shall be an economical administration of the
government ; no waste, no extravagance, no squandering of the pub-
lic money. I admit this obligation in its fullest force, in all its length
and breadth, and I trust that my friends, with or without my aid, will
fulfil it in letter and spirit, with the most perfect fidelity. But the
second obligation is no less binding and in»perative ; and that is, that
such duties shall be laid as may be necessary to raise such revenue
as is requisite to an economical administration of the government.
The source of the revenue is defined and prescribed — the foreign
imports to the exclusion of all other sources. The amount, {rom the
nature of things, could not be specified ; but whatever it may be, b0
it large or small, allowing us to come below, or requiring that we
should go beyond twenty per cent., that amount is to be raised. ]
contend, therefore, with entire confidence, that it is perfectly consist-
ent with the provisions of the compromise act, to impose duties to
any amount whatever, thirty, forty, or more per cent, subject to the
single condition of an economical administration of the government.
What are the other principles of the act ? Fiist, there is the prin-
ciple that a fixed ad valorem duty shall prevail and be in force at all
times. For one, I am willing to abide by that principle. There are
certain vague notions afloat as to the utility and necessity of specific
duties and discriminations, which I am persuaded arise from a want
of a right understanding of the subject. We have had the ad vahh
rem principle practically in force ever since the compromise act was
OH A TBUB PDBUC POLICT. 587
passed ; and there has been no difficulty in administeriDg the duties
of the Treasury on that principle.
It was necessary first to acertain the value of the goods, and then to
impose the duty upon them ; and from the commencement of the act
to this day, the ad valorem principle has been substantially in opera-
tion. Compare the difierence between specific and the ad valorem
system of duties, and I maintain that the latter is justly entitled to
the preference. The one principle declares the duty paid shall be
upon the real value of the article taxed ; the specific principle im-
l)oses an equal duty on articles greatly unequal in value. Coffee, for
example, (and it is an article which always suggests itself to my
thoughts,) is one of the articles on which a specific duty has been
levied. Now it is perfectly well known that the Mocha coffee is
worth at least twice as much as the cofiee of St. Domingo or Cuba,
yet both ^ay the same duty. The tax has no respect to the value,
but is arbitrarily levied on all articles of a specific kind alike, how«
ever various and unequal may be their value. I say that, in theory,
and according to every sound principle of justice, the ad valoreni
mode of taxation is entitled to the preference. There is, I admit, one
objection to it : as the value of an article is a matter subject to opin-
ion, and as opinions will ever vary, either honestly or fraudulently,
there is some difHculty in preventing frauds. But with the home
valuation proposed by my friend from Rhode Island, (Mr. Simmons,)
tbe ad valorem system can be adopted with all practicable safety, and.
will be liable to those chances only of fraud which are inevitable un-
der any and every system.
Again : What has been the fact from the origin of the government
until now ? The articles from which the greatest amount of revenue
has been drawn, such as woolens, linens, silks, cottons, worsteds,
and a few others have all been taxed on the ad valorem principle, and
there has been no difficulty in the operation. I believe, upon the
whole, that it is the best mode. I believe that if we adopt a fixed
rate ad valorem^ wherever it can be done, the revenue will be sub-
jected to fewer frauds than the injustice and frauds incident to speci-
fic duties. One of the most prolific sources of the violation of our
Kvenue laws has been, as every body knows, the effort to get in
goods of a finer quality and higher value, admitted under the lower
rate of duty required for those of a lower value. The honorable gen-
538 bHbbcres or hkitrt clat.
tleman from New Hampshire (Mr.' Woodbury,) and the honorable
Senator from New York (Mr. Wright,) both well know this. Bat
if the duty was laid ad valorem there could be no motive for such an
effort, and the fraud, in its present form would have no place. Id
England, as all who have read the able report made by Mr. Hume,
a Scottish member in the House of Commons, must perceive,
they seem to be giving up specific duties, and the tendency in the
public mind appears to be, instead of having a variety of specific du-
ties and a variety of ad valorem duties, to have one permanent fixed
rate of duty for all articles. I am willing, I repeat, to adhere to this
great principle as laid down in the compromise act. If there be those
who suppose that, under the specific form of duty, a higher degree
of protection can be secured than under the other mode, I would ob-
serve that the actual measure of protection does not depend upon the
farm but on the amount of the duty which is levied on the foieigi
rival article.
Assuming that we are to adhere to this principle, then every one
of the leading principles of the same act can be adhered to and fully
carried out ; for I again adsert that the idea that duties are always to
remain at precisely twenty per cent, and never to vary from that
point, be the exigencies of government what they may, does not be-
long to the language of the act, nor is it required by any one of its
provisions. The next resolution I have proposed to the consideration
of the Senate is this :
Rtsdvtd, That the provision in the act of the Extra Senion for the distribation
of the proceeds of the public lands, requiring the operation ot that act to be soft.
E ended in the contingency of a higher rate of duty than twenty per cent, ought to
e repealed.
Now, according to the calculation I have made, the repeal of the
clause in question, and the recall of the proceeds of the sales of pub-
He lands from the States, even if made, will not dispense with the
necessity of a great increase in the existing rate of taxation. I have
shown that a duty of thirty per cent, will not be too much to furnish
the requisite amount of revenue for a just and economical administra-
tion of the government. And how much of that rate will be re-
duced should you add to the revenue from imports the $1 , 500,000
(which was the amount realized the last year) derived from sales of
the public domain ? It will be but the difference between thirty
OH ▲ TRUE PUBLIC POLICY. 539
and about twenty-eight and a half per cent. For, since thirty per
cent, yields a revenue of $26,000,000, one per cent, will bring
about $900,000; and every $1,000,000 derived from the lands
will reduce your taxation on imports only $900,000 ; if you get
$1,500,000 from the lands, it will reduce the taxes only from
Ibirty to twenty -eight and a half per cent. ; or if you get $3,000,000
as some gentlemen insist will be the case, then you will save taxes
in the amount of the difference between thirty per cent, and about
twenty-seven per cent. This will be the whole extent of benefit
derived from this land fund, which some Senators have supposed
would be so abundant as to relieve us from all necessity of additional
taxation at all. I put it, then, to every Senator, no matter whether
he was opposed to the land bill or not, whether he is willing, for the
sake of this trifling difference between thirty and twenty-eight and a
half per cent, or between thirty and twenty-seven per cent., to dis-
turb a great, momentous and perplexing subject of our national poli-
cy, which is now settled, and thereby show such an example of in-
stability in legislation as will be exhibited by the fact of unsettling
so great a question within less than eight months after it had been
fixed on tbe most mature consideration ! If gentlemen can make
more out of the land fund than I have here stated it likely to yield,
I shall be glad to hear on what ground they rest their calculations.
I say that all the difference it will produce in the amount of our in-
creased taxation is the difierence between thirty and twenty-eight
and a half, or between thirty and twenty-seven per cent. Will you,
I repeat the question, when it is absolutely and confessedly neces-
sary that more revenue shall be raised, and the mode in which it may
be done is fraught with so many and so great benefits to the country,
as I shall presently show, will you disturb a great and vexed national
question for the sake of eking out in so trifling a degree the amount
to be raised ? But let us look at the subject in another view. The
resources on which government should depend for paying the public
creditor and maintaining inviolate the national faith and credit, ought
to be such as to admit of some certain estimate and calculation. But
what possible reliance can be placed on a fund so fluctuating and
variable as that which is derivable from the sales of the public lands }
We have seen it rise to the extraordinary hight of $26,000,000 in
one year, and in less than six years afterwards fall down to the low
amount of $1,500,000 ! The next resolution affirms a proposition
ft-10 ' SPEECHIt or HEURT CLAT*
which T hope will receive the unanimous consent of the Senate, h
is as follows :
Resolved, That it is the duty of government, at all timet, but more emciallyia
a 8eat>on buch as now exists, of general einbarrasBnient and pecuniary oistreMi, to
abotihh ail useless institutions and ollices, to curtail ail onneceflaaiy expenses, and
to practice rigid economy.
And the seventh declares —
Rndred, That the contingfnt expenses of the two Houses of Congress ought to
be greatly reduced ; and the mileage ol members of Congress ocight to be regulated
and more clearly defined.
It has appeared to me that the process of retrenchment of the pub-
lic expenses and reform of existing abuses ooght to begin in an es-
pecial manner here, with ourselves, in Congress itself^ where is found
one of the most extravagant of all the branches of the government
We should begin at home, and encourage the work of retrenchment
by our own example. I have before me a document which exhibits
the gradual progress in the contingent expenses of the two Houses
of Congress from 1820 to 184U, embracing a period of twenty years,
divided into terms four years apart, and it shows that the amount of
the contingent fund has advanced from $86,000, which it was in
1824, to $121,000, in 1828, a rate of increase not greater than wu
proper considering the progress of the coifntry; to $165,000 in
1832; to $263,000 in 1836, and in 1840 it amounted under an ad-
ministration which charo;ed that in 1824 with extravagance, to the
enormous sum of $384,333 ! I am really sorry, for the credit of
Congress, to be obliged to read a statement exhibiting such shameful,
such profligate waste. And allow me here to say, without any in-
tention of being unkind to those able and competent officers, the
Secretary of the Senate and the Clerks of the House of Representa-
tives, (not the present clerk,) that they ought to bear a share of the
responsibility for the great and sudden growth of this expenditure.
How did it arise ? The clerk presents his estimate of the sum that
will be necessary, and the Committee of Ways and Means, being
busily occupied in matters of greater moment, take it without suffi-
cient examination, and insert it at once in the appropriation bill.
But I insist that it should be cut down to a sum of which members
of Congress may with some decency speak to their constituents. A
salutary reform has been commenced in the House of Representa-
tives, which ought to be followed up here. They have already
OR A TRVS PUBUC POLICY.
64l
stricken $100,000 from the contingent fund for both Houses; but
they should go mucb lower. 1 hope there will be another ilem of
retrenchment, in fixing a reasonable maximum amount to be allowed
for stationary furnished to the members of Congress. If this shall
be adopted, much will have been done, for this is one of the most
fruitful sources of Congressional extravagance. I am told that the
stationary furnished during the 25th Congress averages more than
$100 per head to each member. Can any man believe that any such
amount as this can be necessary ? Is it not an instance of profligate
waste and profusion ? My next resolution is directed to the expensee
of the Judicial department of the government :
Resolved, That the expenses of the Judicial Department of Government have, of
late yeursy been greatly increased, and ought to be diminished.
In this department, also, there has been a vast augmentation of
the expenses, and such an one as calls for a thorough investigation.
The amount of the appropriation for the Judicial Department has
sprung up from $209,000, which it was in 1824, to $471,000 at
which it stood for the year 1840. Can any man believe that thif
has all been fairly done ? that that department actually requires the
expenditure every year of nearly $500,000 ? I have no doubt that
the District Judges and the Marshatls who have great control of the
expenditure of the fund, and the Clerks, ought to be held responsible
for this enormous increase. Without any intention to indulge in any
invidious distinctions, I think I could name a district in which great
abuses prevail, and the expenditures are four or five times greater
than they are in any other district throughout the country. I hope
this whole matter will be thoroughly investigated, and that some
necessary restraints will be imposed upon this branch of the public
service. I am truly sorry that in a bianch of the government which,
for its purity and uprightness, has ever been distinguished, and
which so well merits the admiration of the whole country, there
should have occurred so discreditable an increase in the expenses of
its practical administration. The next asserts —
Risdved, That the Diplomatic Relations of th? United States with foreign pow-
ers have been unneceaaiily extended during the last twelve years, and ought to b«
reduced.
I will not dwell long on this subject. I must remark, howerer,
that since the days of Mr. Adam's administration the number of
64d SPEECHES or HENRT CLAT.
f<»eigii ministers of the first grade has nearly doubled, and that of
ministers of the second grade has nearly trigled. Why, we have
ministers abroad who are seeking for the govei nments to which they
are accredited, and the governments are not to be found ! We have
ministers at Constantinople and Vienna — and for what ? We have
an unreciprocated mission to Naples — and for what? There was at
the last session an attempt to abolish this appointment, but it unfor-
tunately failed. One would think that ip such a one-sided, unrecipro-
cated diplomacy, if a regard to economy did not prompt us to discon-
tinue the relation, national pride would. In like manner, we might
look round the coasts of Europe and of this continent, and find mis-
sion after mission which there seems to 'be no earthly utility in re-
taining. But I forbear.
On the subject of mileage, I hope there may be an effort to equal-
ize it justly, and render it uniform, and that the same allowance will
be made for the same distance travelled, whether by land, by water,
01^ by steam-route, or whether the distance be ascertained by hori-
zontal or surface measurement. I think the former the best mode,
because it limits us to a single and simple inquiry, and leaves no opea
door for abuses. I hope, therefore, that we shall adopt it. The next
resolution of the series reads thus :
Rncived, That the franking privilege ought to be further restricted, the abnave
uses of it restrained and punitlied, the postage on letters reduced, the mode of etd-
mating distances more clearly defined and prescribed, and a smell addition to poit>
age made on books, pamphlets, and packagPH transmitted by mail, to be graduated
and increased accordmg to their respective weights.
The franking privilege hss been most direfully abused. We have
already reached a point of abuse, not to say corruption, though the
Government has been in operation but about fifty years, which it
has taken Great Britain centuries to attain. Blank envelopes, 1 have
heard it said, ready franked, have been incloseli to individuals at a
distance, who have openly boasted that their correspondence is free
of charge. The limitation as to weight is now extended, I believe,
to two ounces. But what of that, if a man may send under his frank
a thousand of these two-ounce packages ? The limitation sliould be
to the total weight included in any single mail, whether the packages
be few or many. The report of the Postmaster General, at a former
session, states the astounding fact, that, of the whole amount trans-
ported in the mails, mneiy-five per ceni, goes free of all duty, and lei-
cm A TBUB PUBLIC POUCT. M3
ten of business and private correspondence have to defray the expen-
ses of the whole. It is monstrous, and calls loudly for some provi*
sion to equalize the charge. The present postage on letters is enor*
mously high in proportion to the other business of the country If
you will refuse to carry those packages, which are now transmitted
by mail, simply because, in that mode, they can travel free of coat,
you will greatly relieve the business interests of the country, which
now bear nearly the whole burden for all the rest. This it is your
duty to do. Let us throw at least, a fair portion of the burdens on
those who receive at present, the whole of the benefit. Again.
The law is very loose and uncertain as to the estimation of distances.
Since the introduction of steam-travel the distance traveled has in
many cases been increased, while the time consumed has been
shortened. Take, as an illustration, a case near at hand. The near-
est distance from here to Frederick City, in Maryland, is forty-four
miles ; but if you go hence to the depot on the Baltimore road, and
thence take the train to Frederick, you arrive sooner, but the dis-
tance is increased to one hundred miles. Now, as letters are charged
according to the miles traveled, I hold it very wrong to subject a
letter to this more than double charge in consequence of adopting a
longer route in distance, though a shorter in time. Such cases ought
to be provided against by specific rules. I come now to the last
resolution ofiered ; which is as follows :
Resolved, That the Secretary of State, of the Treasury, of War, mnd of the Navy
TVpartment, and the Postmoater General, be sfnre rally directed, as soon as practica
ble, to report what offices can be abolished, and what retrenchments of public eipei^
diture can be made, without public detriment, in the respective branches of the public
service under their charge.
We all know that, if the heads of Departments will not go to work
with us honestly and faithfully, in truth and sincerity, Congress thus
unaided, can effect comparatively but little. I hope they will enter
with us on this good work of retrenchment and reform. I shall be
the last to express in advance any distrust of their upright intentious
in this respect. The only thing that alarms me is, that two of these
departments have come to us asking for appropriations far beyond
any that have heretofore been demanded in time of peace, and that
with a full knowledge of the fact of an empty Treasury. But I still
hope, when they shall see Congress heartily in earnest, engaged in
retrenching useless expenditure, and reducing estimates that cannot
be complied with, that they will boldly bring out to Tiaw all abuaes
544 tPKBCHES OP RBHKT CULT.
-which exists in their several spheres of action, and let us apply the
pruning-knife so, as to reduce the national expenditure within some
proper and reasonable amount. At all events, they are, of course,
most &miliar with the details of the subject as it relates to their
several branches of the administration. Among other items, there
are several useless mints which only operate to waste the public
money. A friend, occupied in investigating this subject, has told me
that the mint in New-Orleans has already cost the country $500,000
for getting ready to coin bullion not yet dug out of the mine I Every
piece of coin made by these useless establishments could just as
well be coined by the central mint at Philadeldhia.
And now, having gone through with all the details of this series
of resolutions, which 1 thought it my duty to notice, allow me, in
drawing to a conclusion of these remarks, to present some of the
advantages which it appears to me should urge us to adopt the sys*
tern of financial arrangement contemplated in the resolutions.
And first. The Government will, in this way, secure to itself aa
adequate amount of revenue, without being obliged to depend on
temporary and disreputable expedients, and thus preserve the public
credit unsullied — which I deem a great advantage of the plan. Credit
is of incalculable value, whether to a nation or an individual. Ens-
land, proud England, a country with which we may one day again
come in conflict — though it gives me pleasure to say that I cannot
perceive at present the least " speck of war" in the political horizon
— owes her greatness, her vastness of power, pervading the habitable
globe, mainly to her strict and uniform attention to the preservation
of the National credit.
2. The next thing recommended is retrenchment in the National
expenditure, and greater economy in the administration of the gov-
ernment. And do we not owe it to this bleeding country, to our-
selves, and the un'paralelled condition of the times to exhibit to the
world a fixed, resolute, and patriotic purpose to reduce the public
expenditure to an economical standard ?
3. But a much more important advantage than either of those 1
have yet adverted to is to be found in the check which the adoption
of this plan will impose on the efHux of the precious metals from this
Oir A TRU* PUBUO POUCT. 545
country to foreign countries. I shall not now go into the causes hy
which the country has been brought down from the elevated condi*
tion of prosperity it once enjoyed to its present state of general em-
barrassment and distress. I think that those causes are as distinctly
in my understanding and memory as any subjects were ever impress-
ed there ; but I have no desire to go into a discussion which can only
revive the remembrance of unpleasant topics. My purpose, my fixed
purpose on this occasion, has been to appeal to all gentlemen on all
political sides of this Chamber to come out and make a sacrifice of
all lesser differences in a patriotib, generous and general effort for the
relief of their country. I shall not open those bleeding wounds which
have, in too many instances, been inflicted by brothers' hands — es-
pecially will I not do so at this time, and on this occasion. I shall
look merely at facts as they are. I shall not ask what have been the
remote causes of the depression and wretchedness of our once glori-
ous and happy Country. I will turn my view only on causes which
are proximate, indisputable^ and immediately before us.
One great, if not sole cause is to be found in the withdrawal of
coin from the Country to pay debts accrued or accruing abroad fbr
foreign imports, or debts contracted during former periods of pros-
perity, and still hanging over the Country. How this withdrawal
operates in practice is not difficult to be understood. The Banks of
the Country, when they are in a sound state, act upon this coin as
the basis of their circulation and discounts ; the withdrawal of it not
only obliges the Banks to withhold discounts and accommodations,
but to draw in what is due from their debtors, at the precise time
when they, sharing in the general stricture, are least able to meet the
calls. Property is then thrown into the market to raise means to
comply with those demands, depression ensues, and as is invariably
the case when there is a downward tendency in its value, it falls
below its real worth. But the foreign demand for specie to pay com-
mercial and other public debt operates directly upon the precious
metals themselves, which are gathered up by Bankers, Brokers and
others, obtained fromMhese depositories, and thence exported. Thus
this foreign denuind has a double operation, one upon the Banks, and
through them upon the community, and the other upon the coin of
the Country. Gentlemen, in my humble opinion, utterly deceive
themselves in attributing to the Banking Institutions all the distren
of the Couotry. Doubtlew the erroneoai and fraudaleiit admi&iiCra-
546 SPKBCHEI or hknet clay.
tion of some of them has occasioned much local and individual
tress. But this would be temporary and limited, while the other
cause — the continued efflux of specie from the Country — if not ar-
rested, woyld perpetuate the distress. Could you annihilate everj
Bank in the Union, and burn every bank note, and substitute in their
place a circulation of nothing but the precious metals, as long as such
a tarifif continues as now exists, two years would not elapse till you
would find the imperative necessity of some paper medium for con-
ducting the domestic exchanges.
I announce only an historical truth, when I declare, that during
and ever since our colonial existence, necessity has given rise to the
existence of a paper circulation of some form in every colony on this
continent ; and there was a perpetual struggle between the Crown
and Royal Governors on one hand, and Colonial Legislatures on the
other, on this very subject of paper money. No, if you had to-mor-
row a circulation consisting of nothing but the precious metals, they
would leave you as the morning dew leaves the fields, and you
would be left under the necessity of devising a mode to fill the chasm
produced by their absence.
I am ready to make one concession to the gentlemen on the other
side. I admit that, if the circulation were in coin alone, the ther-
mometer of our monetary fluctuations would not rise as high or fall
as low as when the circulation is of a mixed character, consisting
partly of coin and partly of paper. But then the fluctuations them-
selves, within a more circumscribed range, would be quite as numer-
ous, and they will and must exist so long as such a tariff remains as
forces the precious metals abroad. I again repeat the assertion that,
could you annihilate to-morrow every Bank in the country, the very
same description of embarrassment, if not in the same degree, would
still be found which now pervades our country.
What, then, is to be done to check the foreign drain ? We have
tried free trade. We have had the principles of free trade operating
on more than half the total amount of our imports for the greata
part of nine years past. That will not do it, we see. Do let me
recall to the recollection of the Senate, the period when the protec-
tive system was thought about to be permanently established. What
was the great argument then urged against its establishment? Il
OH A TRUS PUBUC POXJCT. 547
was this : that, if duties were laid directly for protection, then wt
must resort to direct taxation to ireet the wants of the Government ;
every body must make up their minds to a system of internal taxa-
tion. Look at the debate in the House of Representatives of 1824,
and you will find that that was the point on which the great stress .
was laid. Well, it turned out as the friends of protection told you it
would. We said that such would not be the effect. True, it would
diminish importation, as it did ; but the augmented amount of taxes
would more than compensate for the reduced amount of goods. This
we told you, and we were right.
How has free trade operated on other great interests ? I well rs*
member that, ten years ago, one of the most gifled of the sons of
South Carolina, (Mr. Hayne,) after drawing a most vivid and fright-
ful picture of the condition of the South-M>f fields abandoned — ^hoa*
ses dilapidated — overseers becoming masters, and masters overseen
— general stagnation and approaching ruin — a picture, which, I coin
fessed, filled me with dismay — cried out to us, abolish your tariff-^
reduce your revenue to the standard of economical Government — and
once more the fields of South Carolina will smile with beauty — her
embarrassments will vanish— commerce will return to her harboiB,*
labor to her plantations, augmented prices for her staples, and con-
tentment and prosperity and universal happiness to her oppressed
people. Well, we did reduce the tariff, and after nine years of pro-
tection, we have had nine years of a descending tariff and of free
trade. Nine years (from 1824 to 1833) we had the protective policy
of a high tariff; and nine years (from 1833 to 1842) we have had
the full operation of free trade on more than a moiety of the whole
amount of our imports, and a descending tariff on the residue. And
what is the condition of South Carolina at this day ? Has she re-
gained her lost prosperity ? Has she recovered from the desolation
and ruin so confidently imputed to the existence of a high tariff? I
believe if the gentleman from South Carolina could be interrogated
here, and would respond in candor, unbiassed by the delusions engen
dered by a favorite but delusive theory, he would tell us that she h«s
not experienced the promised prosperity which was dwelt upon with
so much eloquence by his fellow-citizen. How is it in regard to the
great staple of the South ? How stand the prices of cotton duriiig
these nine years of the descending Tariff and the prevalence of Free
Trade ? HowMo these years compere with the nue yean of proCe^-
I
548 tPnCHIl OP HBHET CLAT.
tion and high tariff? Has the price of cotton increased, as ve were
told it would, by the talented South Carolinian ? It has happened
that during the nine tariff yeais the average price of cotton was, from
1824 to 1833, higher than during the nine years of descending Tarifi
and Free Trade ; and at the instant I am speaking, 1 understand that
cotton is selling at lower rates than have ever been realized since the
war with Great Britain. 1 know with what tenacity theorists adhere
to a favorite theory, and seaich out fur imaginary causes of results
before their eyes and deny the true. 1 am not going into the land of
abstractions and of metaphysics. There are two great, leading, iocon*
testible iacts, which gentlemen must admit : first, that a high tariff
did not put down the prices of staple commodities ; and, second, that
a low Taiiff and Free Trade have not been able to save them from
depression. These are the facts, let casuists and theorists, and the
advocates of a one-sided paralytic Free Trade, in which we turn our
sound side to the world, and our blighted and paralyzed and dead side
toward our own people, make of them what they can. At the very
moment that England is pushing the resources of Asia, cultivating
the fields of India, and even contemplating the subsidizing of Africa,
for the supply of her factories with cotton, and when the importa-
tions from India have sv^elled from 200,000 bales to 580,000| we are
told that there are to be no restrictions -on Free Trade.
Let me not be misunderstood, and let me entreat that I may not
be misrepresented. I am not advocating the revival of a high pro-
tective tariff. I am for abiding by the principles of the compromise
act; I am for doing what no Southern nian of a fair or candid mind
has ever yet denied — giving to the country a revenue which may
provide for the economical wants of the Government, and at the same
time give an incidental protection to our home industry. If there be
here a single gentleman who will deny the fairness and propriety of
this, I shall be glad to see and hear who he is.
The check on the flow of specie abroad, to pay either a comnier
cial or a public debt, will operate by the impobilion of duties to meet
the wants of the government — will keep the precious metals at home
to a much greater extent than is now possible. I hope that we shall
learn to live within our own means, and not remain so dependent as
we now are on the mere good pleasure and domestic policy of foreign
governments. We go for revenue — for an amount of revenue ade
ON A TRUK PUBUC POLICT. K49
quate to an economical administration of the Goveroment, We can
get such revenue nowhere else than from a tarifif on importations.
No man in his senses will propose a resort to direct or interna) taxes.
And this arrangement of the tariff, while it answers this end will at
the same time operate as a check on the cfHux of the precious
metals, and retain wliat is necessary for the purpose of exchange and
circulation.
The fourth advantage attending the adoption of the system proposed
will (}e, that the States will be left in the undisturbed possession of
the land fund secured to them by the act of the last session, and which
was intended to aid them in the embarrassment under which some of
them are now laboring.
X
And the last is that to which I have already adverted, viz. that il
will afford, indirectly, protection to the interests of American indoa-
try. And the most bi'ter and persevering opponent to the protective
policy 1 ever met with, has never denied that it is both the right and
the duty of Government to lay the taxes necessary to the public ser-
vice so as to afford incidental protection to our own home industry.
But it is said that, by the adoption of one fixed arbitrary maximum
of ad valorem duty, we shall not derive that measure of protection
which is expected ; and I admit that there may be certain articles,
the product of the mechanic arts — such, for example, as shoes, hats,
and ready-made clothing, and sugar, iron, and pepper^— some or all
of which may not derive the protection which they need under the
plan I propose. On that subject I can only say, what I said at the
time of the passage of the compromise act, if some few articles shall
not prove to be sufficiently protected beneath the established maxi-
mum rate, I should hope that in the spirit of harmony. and compro-
mise, additional duties above that rate, sufficient to afibrd reasonable
protection to those few articles, by general consent would be imposed,
I am not at present prepared to say whether the rule I have suggest-
ed will afford adequate protection to these particular interests or not;
I fear it may not. But if the subject shall he looked at in this spirit
of patriotism, without party bias or local influences, it will he found
that the few articles alluded to are so distributed, or are of such a
nature as to furnish the grounds of a* friendly adjustment. The id*
terests of the sugar of the Soiitb mmj then be set against the iron of
•KK
)
550 fPIICHII OP HINBT CLAT.
the centre and the productions of the mechanic arts, which, although
prevailing every where, are most concentrated at the North. With
respect to these, without reference to any general system of protec-
tion, they have been at all times protected. And who that has a
heart, or the sympathies of a man, can say or feel that our hatters,
tailors, and shoemakers, should not be protected against the rival
productions of other countries ? Who would say that the shoema-
ker, who makes the shoes of his wife — his own wife, according to
the proverb, being the last woman in the parish that is supplied with
hers — ^shall not be protected ? That the tailor, who furnishes him
with a new coat, or the hatter, that makes him a new hat, to go to
church, to attend a wedding or christening, or to visit his neighbor,
shall not be adequately protected ?
Then there is the essential article of iron — that is a great central
interest. Whether it will require a higher degree of protection than
it will derive from such a system as 1 have sketched, I have not au^
ficient information to decide ; but this 1 am prepared to say, that,
question will be with the Representatives of those States which are
chiefly interested, and, if their iron is not sufficiently protected, tfaej
roust take the matter up and make out their case to be an exception
to the general arrangement. When I speak of the Representatives
of these States, 1 mean their entire delegation without regard to po*
litical denominations or distinctions. They must look into the mat-
ter, and if they take it up and bring forward their propositions, and
make out a clear case of exception to the general rule, I shall be an
humble follower of their lead, but I will not myself take the lead in
any such case. If these Slates want certain interests protected, thej
must send delegates here who are prepared to protect them. Such a
State cannot reasonably expect Senators from other States, having
no direct local, or particular concern in such interests, to force on her
the protection of her own interests against her own will, as that will
is officially expressed by her Representatives in Congress. I agaii
say, I am ready to follow, but I will not lead.
With me, from the first moment I conceived the idea of creating,
at home, a protection for the production of whatever is needed ta
supply the wants of man, up to this moment, it has always beet
purely a question of expediency. I never could comprehend the
constitutional objection which to some gentlemen seem so extremly
OK A TXUK PUBLIC POLICY. 651
ffbrious. I could comprehend, to be sure what these geotlemen
mean to argue, but 1 nRver had the least relief in the const itulional
objection which slept from 1789, (or rather, which reverses the doc-
trine of 17S9,) till it suddenly walked up in 1$20. Then, for the first
time since the existence of the Conslilution, was the doctrine ad-
vanced that we could not legilimalely afibnl any protection to oar
own home industry against foreign and adverse industry. I say that
with me it always was a question of expediency only- If the nation
does not want protection I certainly never would vote to force it
upon the nation; but, viewing it as a question of expediency wholly,
I have not hesitated heretofore, on the broad and comprehensive
ground of expediency, to give my assent to all suitable measures pro-
posed with a view to that end. The Senate will perceive that 1 have
forborne to go into detail. I have presented to it a system of policy
embodied in these resolutions containing those grent principles in
which I believe that the interest, prosperity and happiness of the
country are deeply involved — principles, the adoption of which alone
can place the finances of the Government upon a respectable footing,
and free us from a condition of servile dependence on the legislation
of foreign nations. 1 have perjiuaded myself that the system now
brought forward will be met in a rpirit of candor and of patriotism,
and in the hope that, whatever may have been the differences jn the
Senate in days past, we have now reached a period in which we can
forget our prejudices and agree to bury our transient animositie*
deep at the foot of the altar of our common country, and come to-
gether as an assemblage of friends and brothers and compatriots met
in common consultation to devise the best mode of relieving the pub-
lic distress. It is in this spirit, that 1 have brought forward my pro-
posed plan ; and I trust in God — invoking, as I humbly do, the aid
and blessing of His providence— that the Senators, on all sides of the
Chamber, will lay aside all party feelings, and more especially that
h^tual suspicion to which we are all more or less prone, (and from
which I profess not to be exempted more than other men,) that im-
pels us to reject without examination, and to distrust whatever pro-
ceeds from a quarter we have been in the habit of opposing. Let
x» lay aside prejudice j let ns look at the distresses of the country,
and those atone. 1 trust that in this spirit we shall examine theao
resolutions, and decide upon them according to the dictates of oar
own consciences, and in a pure and patriotic r^nrd to the wellan of
ov country.
ON RETIRING FROM THE SENATE.
In the Senate of the United States, March 31, 1842.
IMr. Clat had intended to retire from the Senate at the close of the Extra Se»-
flion, but was prevented by the entreaties of hia friends, and the anaettled state of
our Public Afikire. He early, however, gave notice to the Legislature of Keotncky,
that he should resign by the end of March, in order that hta saecenor might bt
chosen and in readiness to take his place. Mr. Cbxttkhdbii having been unani-
mously elected, and having arrived at Washington, Mr. Clat was at length at libe^
ty to withdraw, and on the 81st of March he addressed the Senate aa follows :]
Before proceediDg to make tbe motion for which I have rigeo, 1
beg leave to submit, on the onl j occasion affi)rded me, an obsenratioa
or two on a different subject. It will be remembered that I cSati
on a former day, some resolutions going to propose certain amend-
ments to the Constitution of the United l^ates. They have nixier-
gone some discussion, and I have been desirous of obtaimng an ex-
pression of tbe sense of the Senate upon their adoption ; but owing
to the in6rm state of my health, to the pressure of business in the
Senate, and especially to the absence at this moment of several of
my friends, I have concluded this to be unnecessary ; nor should I
deem myself called upon to reply to the arguments of such gentlemeo
as have considered it their duty to oppose the resolutions. I shall
commit the subject, therefore, to the hands of the Senate, to be dis-
posed of as their judgment shall dictate ; concluding what I have to
say in relation to them with tbe remark, that the convictions I have
before entertained in regard to the several amendments, I still delibe-
rately hold, after all that I have heard upon the subjects of them.
And now, allow me to announce, formally and officially, my retire-
ment from the Senate of the United States, and to present tbe Isit
motion I shall ever make in this body. Bat, before I make that mo-
tion, 1 trust I shall be pardoned if I avail myself of the occasion to
make a few observations which are suggested to my mind by the
present occasion.
Oir RETIEItrO FROM TH£ SXNATB. 553
I entered the Senate of the Uuited States in Decemher, 1806. I
regarded that body then, and still contemplate it, as a body, which
may compare, without disadvantage, with any legislative assembly,
either of ancient or modern times, whether I look to its dignity, the
extent and importanee of its powers, or the ability by which its indi*
vidual members have been distinguished, or its constitution. If com-
pared in any of these respects with the Senates either of France or
of England, that of the United States will sustain no derogation.
With respect to the mode of its constitution, of those bodies 1 may
observe that in the House of Peers in England, with the exception
but of Ireland and of Scotland — and in that of France with no excep-
tion whatever — the members hold their places under no delegated
authority, but derive them from the grant of the Crown, transmitted
by descent, or expressed in new patents of nobility ; while here we
have the proud title of Representatives of sovereign States, of distinct
and independent Conunonwealths.
If we look again at the powers exercised by the Senates of France
and England, and by the Senate of the United States, we shall find
that the aggregate of power is much greater here. In all the mem-
bers possess the legislative power. In the foreign Senates, as in this,
the judicial power is invested, although there it exists in a larger de-
gree than here. But, on the other hand, that vast, undefined, and
undefinable power involved in the right to co-operate with the Ex-
ecutive in the formation and ratification of treaties, is enjoyed in all
its magnitude and weight by this body, while it is possessed by nei-
ther of theirs ; besides which, there is another of very great practical
importance — that of sharing with the executive branch in distribu-
ting the vast patronage of the Government. In both these latter re-
spects^ we stand on grounds different from the House of Peers either
<k England or France. And then as to the dignity and decorum of
its proceedings, and ordinarily as to the ability of its members, I can
with great truth declare, that during the whole long period of mj
knowledge of this Senate it can, without arrogance or presumption,
sustain no disadvantageous comparison with any public body, in an-
cient or modern times.
Full of attraction, however, as a seat in this Senate is, sufficient
to fill the aspirations of the most ambitious heart, I have long deter-
mined to forego it, and to seek that repose which can be enjoyed only
554 SPXECHBS OF BIMRT CLAT.
in the shades of private life, and amid the calm pleasures which be
long to that beloved 'word, " home."
It was my purpose to terminate my connection with this body m
November 1840, after the memorable and glorious political straggle
which distinguished that year ; but 1 learned soon after, what indeed
I had for some time anticipated from the result of my own reflections,
that an extra session of Congress would be called ; and I felt desi-
rous to co-operate with my personal and political friends in restoring,
if it could be effected, the prosperity of the country by the best mea-
sures which their united counsels might be able to devise , and I
therefore attended the extra session. It was called, as all know, by
the lamented Harrison ; but his death and the consequent accession
of his successor produced an entirely new aspect of public af&irs.
Had he lived, I bave not one particle of doubt that every important
measure for which the country had hoped with so confident an ex-
pectation, would have been consummated by the co-operation of the
Government. And here allow me to say, only, in regard to that so
much reproached extra session of Congress, that I believe if any of
those who, through the influence of party spirit or the bias of politi-
cal prejudice, have loudly censured the measures then adopted, will
look at them in a spirit of candor and of justice, their conclusion, and
that of the country generally, will be that if there exists any just
ground of complaint, it is to be found, not in what was done, but in
what was left unfinished.
Had President Harrison lived, and the measures devised at that
session been fully carried out, it was my intention to have resigned
my seat. But the hope (I feared it might prove a vain hope,) that
at the regular session the measures which we had left undone might
even then be perfected, or the same object attained in equivalent
form, induced me to postpone the determination ; and events which
arose after the extra session, resulting from the failure of those mea-
sures which had been proposed at that session, and which appeared
to throw on our political friends a temporary show of defeat, confirm-
ed me in the resolution to attend the present session also, and, whe-
ther in prosperity or adversity, to share the fortune of my friends.
But I resolved at the same time to retire as soon as I could do so with
propriety and decency.
ON RKTIRINO FBOlf THB SEHATB. 505
From 1806, the period of my entry on this noble theatre, "with
short intervals, to the present time, I have been engaged in the pub-
lic councils, at home and abroad. Of the nature or the value of the
services rendered during that long and arduous period of my life, it
does not become me to speak ; history, if she deigns to notice me, or
posterity, if the recollections of my humble actions shall be trans-
mitted to posterity, are the best, the truest, the most impartial judges.
When death has closed the scene, their sentence will be pronounced,
and to that I appeal and refer myself. My acts and public conduct
are a fair subject for the criticism and judgment of my fellow-men ;
but the private motives by which they have been prompted, they
are known only to the great Searcher of the human heart and to my-
self; and I trust 1 may be pardoned for repeating a declaration made
some thirteen years ago, that, whatever errors — and doubtless there
have been many — may be discovered in a review of my public service
to the country, I can with unshaken confidence appeal to that Divine
Arbiter for the truth of the declaration, that I have been influenced
by no impure purposes, no personal motive — have sought no personal
aggrandizement ; but that in all my public acts I have had a sole and
single eye, and a warm and devoted heart, directed and dedicated to
what in my judgment 1 believed to be the true interest of my country.
During that period, however, I have not escaped the fate of other
public men, nor failed to incur censure and detraction of the bitterest
most unrelenting, and most malignant character ; and though not
always insensible to the pain it was meant to inflict, 1 have borne it
in general with composure, and without disturbance here, [pointing
to his breast,] waiting as I have done, in perfect and undoubting con-
fidence, for the ultimate triumph of justice and truth, and in the en-
tire persuasion that time would, in the end, settle all things as they
should be, and that whatever wrong or injustice I might experience
at the hands of man, He to whom all hearts are open and fully known,
would in the end, by the inscrutable dispensations of his providence,
rectify all error, redress all wrong, and cause ample justice to be done.
But I have not meanwhile been unsustained. Every where
throughout the extent of this great continent, 1 have had cordial
warm-hearted, and devoted friends, who have known me and justly
appreciated my motives. To them, if language were susceptible of
lolly expressing my acknowledgments, 1 would now ofler them, as all
556 tPticnHi OF HuniT ci.at.
the retains I have ik>w to make for their geDaine, disinterested and
pemevering fidelity, and devoted attachment. But if I fail in suitable
language to express my gratitude to them for all the kindness they
have shown me — what vhall I say — ^what can I say at all commensn*
rate with those feelings of gratitude which I owe to the State whose
humble representative and servant I have been in this Chamber ?
I emigrated from Virginia to the State of Kentucky now nearly forty-
five years ago : I went as an orphan who had not yet attained the
age of majority — who had never recognized a father's smile nor ielt
his caresses — poor, pennyless — without the favor of the g^eat ; with
an imperfect and inadequate education, limited to the ordinary busi-
ness and common pursuits of life ; but scarce had 1 set my foot upon
her generous soil when I was seized and embraced with paiental
fondness, caressed as though I had been a favorite child, and patro-
nized with liberal and unbounded munificence. From that period
the highest honors of the State have been freely bestowed upon me ;
and afterwards, in the darkest hour of calumny and detraction, when
I seemed to be forsaken by all the rest of the world, she threw her
broad and impenetrable shield around me, and bearing me up aloft in
her courageous arms, repelled the poisoned shafts that were aimed at
my destruction, and vindicated my good name against every false and
unfounded assault.
But the ingenuity of my assailants is never exhausted, and it seems
I have subjected myself to a new epithet, which I do not know whe-
ther it should be taken in honor or derogation : I am held up to the
country as a ' Dictator.' A Dictator ! The idea of a dictatorship is
drawn from Roman institutions ; and at the time the office was crea-
ted, the person who wielded the tremendous authority it conferred,
concentrated in his own person, an absolute power over the lives and
property of all his fellow-citizens ; he could raise armies ; he could
man and build navies ; he could levy taxes at will, and raise any
amount of money he might choose to demand ; and life and death
rested on his fiat. If I had been a Dictator, as I am said to have
been, where is the power with which I ha?e been clothed ? Had I
any army ? any navy ? any revenue ? any patronage ? in a word,
any power whatever ? If I had been a Dictator, I think that even
those who have the most freely applied to me the appellation, must
be compelled to make two admissions : first, that my dictatorship hat
ON KBTIBtVO ntOK THC flirATB. 557 .
Deen distinguiahed by no crael executions, staiDed by no blood, dot
soiled by any act of dishonor ; and in the second place I think they
must own (though I do not exactly know what date my commission
of Dictator bears ; I imagine, however, it must have commenced with
the extra session) that if I did usurp the power of a Dictator, I at
least voluntarily surrendered it within a shorter period than was al-
lotted for the duration of the dictatorship of the Roman Common-
wealth.
If to have sought, at the extra session and at the present, by the
co-operation of my friends, to carry out the great measures intended
by the popular majority of 1840, and to have desired that they should'
all have been adopted and executed ; if to have anxiously desired to
see a disordered currency regulated and restored, and irregular ex-
changes equalized and adjusted ; if to have labored to replenish the
empty coffers of the Treasury by suitable duties ; if to have endear
vored to extend relief to the unfortunate bankrupts of the-xountrji
who had been ruined in a great measure by the erroneous policy, aa
we believed, of this Government ; if to seek to limit, circumscribe,
and restrain executive authority ; if to retrench unnecessary expen-
diture and abolish useless offices and institutions ; if, while the pub-
lic money is preserved untarnished by supplying a revenue adequate
to meet the national engagements, incidental protection can be afford-
ed to the national industry ; if to entertain an ardent solicitude to re-
deem every pledge and execute eyery promise fairly made by my
political friends with a view to the acquisition of power from the
hands of an honest and confiding People ; if these objects constitute
a man a Dictator, why then, I suppose I must be content to bear,
though I still only share with my friends, the odium of the honor or
the epithet, as it may be considered on the one hand or the other.
That my nature is warm, my temper ardent, my disposition, espe-
cially in relation to the public service, enthusiastic, I am fully ready
to own ; and those who supposed that I have been assuming the dic-
tatorship, have only mistaken for arrogance or assumption, that fer-
vent ardor and devotion which is natural to my constitution, and
which I may have displayed with too little regard to cold, calculating
and cautious prudence, in sustaining and zealously supporting impor-
tant national measures of policy which I have presented and proposed.
6&8 tPBECaKt OF HKIIBT GLAT.,
During a long and arduous career of service in the public coancils
of my country, especially during the last eleven years I have held a
■eat in the Senate, from the same ardor and enthusiasm of character, 1
have no doubt, in the heat of debate, and in an honest endeavor to
maintain my opinions against adverse opinions equally holiestly enter-
tained, as to the best course to be adopted for the public welfare, 1
may have often inadvertently or unintentionally, in moments of ex-
cited debate, made use of language that has been offensive and sus-
ceptible of injurious interpretation towards my brother Senators. If
there be any here who retain wounded feelings of injuiy or dissatis-
fiu^tion produced on such occasions, 1 beg to assure them that 1 now
oflfer the amplest apology for any departure on my part from the es-
tablished rules of parliamentary decorum and courtesy. On the other
hand, I assure the Senate, one and all, without exception and with-
out reserve, that I retire from this Senate Chamber without carry-
ing with me a single feeling of resentment or dissatisfaction to the
Senate or to any one of its members.
I go from this place under the hope that we shall mutually con-
sign to perpetual oblivion, whatever personal collisions may at any
time unfortunately have occurred between us ; and that our recollec-
tions shall dwell in future only on those conflicts of mind with mind,
those intellectual struggles, those noble exhibitions of the powers of
logic, argument and eloquence, honorable to the Senate and to the
country, in which each has sought and contended for what he deem-
ed the best mode of accomplishing one common object, the greatest
interest and the most happiness of our beloved country. To these
thrilling and delightful scenes it will be my pleasure and my pride to
look back in my retirement.
And now, Mr. President, allow me to make the motion which it
was my object to submit when I rose to address you. I present the
credentials of my friend and successor. If any void has been created
by my own withdrawal from the Senate, it will be filled to overflow*
ing by him ; whose urbanity, whose gallant and gentlemanly bearing,
whose steady adherence to principle, and whose rare and accom-
plished powers in debate, are known already in advance to the whole
Senate and country. I move that his credentials be received, and
that the oath of office be now administered to him.
OH RETIRING FROM THE SENATE.
559
In retiring, as I am about to do, for ever from the Senate, suBet
me to express my heartfelt wishes that all the great and patriotic ob-
jects for which it was constituted by the wise framers of the Consti-
tution may be fulfilled ; that the high destiny designed for it may be
fully answered ; and that its deliberations, now and hereafter, may
eventuate in restoring the prosperity of our beloved country, in main-
taining its rights and honors abroad, and in securing and upholding
its interests at home. I retire, I know it, at a period of infinite dis-
tress and embarrassment . I wish I could take my leave of you un-
der more favorable auspices ; but, without meaning at this time to
say whether on any or on whom reproaches for the sad condition of
the country should fall, I appeal to the Senate and to the world to
bear testimony to my earnest and anxious exertions to avert it, and
that no blame can justly rest at my door.
May the blessing of Heaven rest upon the whole Senate and each
member of it, and may the labors of every one redound to the benefit
of the nation and the advancement of his own fame and renown.
And when you shall retire to the bosom of your constituents, may
you meet the most cheering and gratifying of all human rewards ;
their cordial greeting of ^^ Well done, good and fiuthful seivanti."
ON RETURNING TO KENTUCKY.
Near Lkxington, Juke 9, 1842^
[Mr. Clat having resigned his seat in the Senate and returned to his home u
AAland, near Lexington, Ky. was enthusiastically received by his fellow-citizens,
who pressed him to partake of a public entertainment or Bail^cuPi ^vt*B \h his
honor. He consented ; and, the repast being over, and his health hanny beea
proposed in an eloquent Speech by Hon. Georox Robertsoit, Chief Jae«it:r of the
State, Mr. Clay — the enthusiastic and prolonged applause having .sioiBtded— ad-
dwwed the immense concourse as follows :]
Mb. President, Ladies and Gentlemen : — It was given to our
countryman, Franklin, to bring down the lightning from Heaven.
To enable me to be heard by this immense multitude, I should have
to invoke to my aid, and to throw into my voice, its loudest 1 bun-
ders. As I cannot do that, I hope I shall be excused for such an
use of my lungs as is practicable and not inconsistent with the pre-
servation of my health. And I feel that it is our first duty, to ex-
press our obligations to a kind and bountiful Providence, for the
copious and genial showers with which he has just blessed our land
— a refreshment of which it stood much in need. For one, I offer
to Him my humble and dutiful thifnks. The inconvenience to us,
on this festive occasion, is very slight, while the sum of good which
these timely rains will produce is very great and encouraging.
Fellow citizens, I find myself now in a situation somewhat like
one in which I was placed a few years ago when traveling through
the State of Indiana, from which my friend (Mr. Rariden) near me
comes. I stopped at a village containing some four or five hundred
inhabitants, and I had scarcely alighted before I found myself sur-
rounded in the Bar-room by every adult male resident of the place.
After a while, I observed a group consulting together in one corner
of the room, and shortly after, I was diffidently approached by one
of them, a tall, lank, lean, but sedate and sober looking person, with
OK RKTURimrO TO KIHTUCKT. 961
a long face and high cheek bonea, who, addressing me said he was
commissioned by his neighbors, to request that 1 would say a few
words to them. Why my good friend, said I, I should be very hap-
py to do any thing gratifying to yourself and your neighbors, but I
am very much fatigued and hungry and thirsty, and I do not
think the occasion is exactly suitable for a speech, and 1 wish you
would excuse me to your friends. Well, says he, Mr. Clay, I con-
fess I thoua;ht 80 myself, especially as we have no wine to oftr
you to drink !
Now, if the worthy citizen of Indiana was right in supposing,
that a glass of wine was a necessary preliminary, and a precedent
condition, to the delivery of a speech, you have no just right to ex-
pect one from me at this time ; for during the sumptuous repast from
which we have just risen, you offered me nothing to drink but cold
water— excellent water it is true, from the classic fountnin of our
lamented friend Mr. Maxwkll, which has so often r^aled us on
celebrations of our great anniversary.
I protest against any inference of my being inimical to the Temper-
ance cause. Qn the contrary, 1 think it an admirable cause that has
done great good, and will continue to do good as long as legal coer-
cion is not employed, and it rests exclusively upon persuasion, and
its own intrinsic merits.
I have a great and growing repugnance to speaking in the opcm
air to a large assemblage. But while the faculty of speech remains
to me, I can never feel that repugnance, never feel other than grate-
ful sensations, in malcing my aclcnowledgments under such circum-
stances as those which have brought us together. Not that I am 00
presumptuous as to believe that I have been the occasion solely of
eoUecting this vast multitude. Among the inducements, I cannot
help thinking that the fat white virgin Durham Heifer of my friend
Mr. Brrrtman, that cost $600, which has been just served up, and
the other good things which have been so liberally spread before us,
exerted some influence in swelling this unprecedently large meeting.
[Great laughter.]
I cannot but feel, Mr. President, In offering my respectful acloMml*
«dgment8 for the honor done moi in the eloquent wMress which joa
902 tpncHBi or RmBT clat.
bare just delirered, and id the sentifnent with which yon concluded
it, that your warm partiality, and the fervent friendship which has to
long existed between us, and the kindness of my neighbors and friends
around me, have prompted an exaggerated description, in too glow-
ing colors, of my public services and my poor ftbilities.
I seize the opportunity to present my heartfelt thanks to the whole
people of Kentucky, for all the high honors and distinguished favors
which I have received, during a long residence with them, at their
hands ; for the liberal patronage which I received from them in mv
professional pursuit ; for the eminent places in which they have put
me, or enabled me to reach ; for the generous and unbounded confi-
dence which they have bestowed upon roe, at all times ; for the gal-
lant and unswerving fidelity and attachment with which they stood
by roe, throughout all the trials and vicissitudes of an eventful and
arduous life ; and, above all, for (he scornful indignation with which
they repelled an infamous calumny directed against my name and
fame at a momentous period of my public career. In recalling to our
memory the circumstances of that period, one cannot but be filled
with astonishment at the indefatigability with which the calumny
was propagated and the zealous partisan use to which it was applied,
not only without evidence, but in the face of a full and complete refu
tation* Under whatever deception, delusion or ignorance, it was
received elsewhere, with you, my friends and neighbors, and with
the good people of Kentucky, it received no countenance ; but in
proportion to the venom and the malevolence of its circulation was
the vigor and the magnanimity with which I was generously sup-
ported. Upheld by a consciousness of the injustice of the charge, I
should have borne myself with becoming fortitude, if I had been
abandoned by you as 1 was by so large a portion of my countrymen ;
but to have been sustained and vindicated as I was by the people of
my own State, by you who knew me best, and whom I had so many
reasons to love and esteem, greatly cheered and encouraged me in
my onward progress. Eternal gratitude and thanks are due from roe.
I thank you my friends and fellow citizens, for your distinguished
and enthusiastic reception of me this day ; and for the excellence and
abundance of the Barbecue that has been provided for our entertain-
ment. And I thank from the bottom of my heart,. my fair country*
for honoring and gracing and adding brillianoy to this
ON RBTUEimiO TO KKNTUCXT. 563
•ion by tbeir numerous attendance. If the delicacy and refinement
of their sex ivill not allow them to mix in the rougher scenes of
human life, we may be sure that whenever, by their presence, their
smiles and approbation are bestowed, it is no ordinary occurrence.
That presence is always an absolute guaranty of order, decorum and
respect. I take the greatest pleasure in beafing testimony to their
▼alue and their virtue. 1 have ever found in them true and stead-
hsi friends, generously sympathizing in distress, and, by their coQ-
rageous fortitude in bearing it themselves, encouraging us to imitate
their example. And we all know and remember how, as in 1840,
they can powerfully aid a great and good cause, without any depar-
ture from the propriety or dignity of their sex.
In looking back upon my origin and progress through life, I haye
great reason to bo thankful. My father died in 1781, leaving me an
infant of too tender years to retain any recollection of his smiles or
endearments. My surviving parent removed to this State in 179d|
leaving ir.e, a boy of fifteen years of age, in the office of the High
Court of Chancery, in the Cityof Richmond, without guardian, with-
out pecuniary means of support, to steer my course as I might or
could. A neglected education was improved by my own irregular
exertions, without the benefit of systematic instruction. I studied
law principally in the office of a lamented friend, the late Grovemor
Brookf., then Attorney General of Virginia, and also under the aus-
pices of the venrriible and lamented Chancellor Wythe, for whom I
had acted as an amanuensis. I obtained a license to practice the
profession from the Judges of the Court of Appeals of Virginia, and
established myself in Lexington in 1797, without patrons, withont
the favor or countenance of the great or opulent, without the means
of paying my weekly board, and in the midst of a Bar uncommonly
distinguished by eminent members. I remember how comfortable I
I thought 1 should be, if I could make jSlOO Virginia money per
year, and with what delight I received the first fifteen shilling fee.
My hopes were more than realized. I immediately rushed into a
successful and lucrative practice.
In 1803 or 4, when I was absent from the County of FayettOi at
the Olympian Springs, without my knowledge or previous consent, I
Wis brought forward as a candidate and elected to the General As-
semUj of thb State. I served ia that body sevoral years, and
064 ■PKiCHn OP Hnrar clat.
then transferred to the Senate, and aflerwardi to the House of Re|M^-
se'ntatives of the United States. I will not now dwell on the subse-
quent events of my political life, or enumerate the ofiices which I
have filled. During my public career, I have had bitter, implacable,
reckless enemies. But if I have been the object of misrepresenialion
and unmerited calumny, no man has been beloved or honored by
more devoted, faithful and enthusiastic friends. I have no reproaches
—none — to make towards my country, which has distinguished and
elevated me for beyond what I had any right to expect. 1 forgive
my enemies, and hope they may live to obtain tlie forgiveness o(
their own hearts.
It would neither be fitting nor is it my purpose to pass judgment
on all the acts of my public life ; but i hope i shiall be excused for one
or two observations, which the occasion appears to me to authorize.
I never but once changed my opinion on any great meabure of Na-
tional policy, or on any great principle of construction of the National
Ck>nstitution. -In early life, on deliberate consideration, 1 adopted
the principles of interpreting the Federal Constitution which has
been so ably developed and enforced by Mr. Madison, in his mc-mor-
able report to the Virginia Legislature, and to them, as I understood
them, 1 have constantly adhered. Upon the question coming up in
the Senate of the United States to recharler the first Baok'of the
United States thirty years ago, I opj)osed the recharter, upon con-
victions which I honestly entertained. The experience of the War,
which shortly followed, the condition into which the currency of the
country was thrown, without a Bank, and, I may add, later and
more disastrous experience, convinced me I was wrong. 1 publicly
stated to my constituents in a speech in Lexington, (that which 1
had made in the House of Representatives of the United Stales not
having been reported,) iry reasons for that change, and they are
preserved in the archives of the country. 1 appeal to that record :
and I am willing to be judged now and hereafter by their validity.
I do not advert to the fact of this solitary instance of change of
opinion, as implying any personal merit, but because it is a fact. 1
will, however say, that 1 think it very perilous to the utility of any
public man to make frequent changes of opinion, or any change but
«pon grounds so sufficient and palpable, that the public can cleariy
and approve them. If we could look through a window into the
ON RETURNING TO KENTUCKY. 565
human breast, and there discover the causes which led to changes of
opinion, they might be made without hazard. But as it is impossi-
ble to penetrate the human heart, and distinguish between the sinister
and honest motives which prompt it, any public man that changes
his opinion, once deliberately formed and promulgated, under other
circumstances than those which I have stated, draws around him dis-
trust, impairs the public confidence, and lessens his capacity to serve
his country.
I will take this occasion now to say, that I am, and have been long
satisfied, that it would have been wiser and more politic in me to have
declined accepting the office of Secretary of State in 1825. Not that
my motives were not as pure and as patriotic as ever carried any man
into public office. Not that the calumny which was applied to the fact
was not as gross and as unfounded as any that was ever propagated.
[Here somebody cried out that Mr. Carter Beverly, whp had been
made the organ of announcing it, had recently borne testimony to
ils beins: unfounded. Mr. Clat said it was true (hat he had vo-
luntarily borne such testimony. But, with great earnestness and em-
phasis, Mr. Clay said, I want no testimony — here — here — here,
repeatedly touching his heart, amidst tremendous cheers, here is the
best of all witnesses of my innocence.] Not that valued friends, and
highly esteemed opponents did not unite in urging my acceptance of
the office. Not that the administration of Mr. Adams will not, I
sincerely believe, advanti^eously compare with that of any of his
predecessors, in economy, purity, prudence and wisdom. Not that
Mr. Adams was himself wanting in any of those high qualifications
and upright and patriotic intentions which were suited to the office.
Of that extraordinary man, of rare and varied attainments, whatever
diversity of opinion may exist as to his recent course in the House of
Representatives, (and candor obliges me to say that there are some
things in it which I deeply regret,) it is with no less truth than plea-
sure, I declare that during the whole period of his administration,
annoyed, assailed and assaulted as it was, no man could have shown
a more devoted attachment to the Union, and all its great interests ;
a more ardent desire faithfully to discharge his whole duty, or brought
to his aid more useful experience and knowledge than he did. I
never transacted business with any man in my life, with more ease,
satisfaction and advantage than I did with that most able and inde-
fatigable gentlemad, as President of the United States. And I will
add, fhat more harmoDj never prevailed in anj Cabinet than in his.
•LL
566 tF£KCH£« OF HftKRT CLAY*
But my error, in accepting the office, arose out of my underrating
the power of detraction and the force of ignorance, and abiding, with
too sure a confidence in the conscious integrity and uprightners of
my own nK)tives. Of that ignorance, 1 had a remarkable and laugh-
abJe example on an occasion which 1 will relate. I was traveling,
in 182S, through, I believe it was, Spottsylvania county in Virginia,
on my return to Washington, in conijmny with some young friends.
We halted at night at a tavern, kept by an aged gentleman, who, 1
quickly j)c?rceived, from the disorder and confusion which reigntn.',
had not the happin(>6s to have a wife. AAer a hurried and bad sup-
per, tht^ old gentleman sat down by me, and without hearing my
name, but understanding, that I was from Kentucky, remarked that
he had four sons in that State, and that he was very sorry they wore
divided in politics, two being for Adams and two for Jackson ; he
wished they were all for Jackson. Why ? I asked him. Bt*eause,
be said, thiit feilofw Clay and Adams had cheated Jackson out of the
Presidency. Hjjve you ever seen any evidence my old Griend, said I,
of that ? No, he replied, none, and he wanted to see none. But, I
observed, looking him directly and steadily in the face, suppose Mr.
Clay were to come here and assure you, upon his honor, that it was
all a vilo calumny, and not a word of truth in it, would you believe
him ? No, replied the old gentleman, promptly and em[>haticalfy.
1 said to him in conclusion, will you be good enough to show me to
bed, and bid him good night. The next morning, having in the i.n
terval learned my mime, he came to me full of apologies, hut I at
once put him at his ease by assuring htm that I did not H^el in the
slightest degree hurt or oilended with him.
Mr. President, I have been accused of ambition, often accused (tf
ambition. I believe, however, that my accusers, will be generally
found to be political opponents, or the friends of aspirants in whosa
way I was supposed to stand, and it was thought therefore, necessary
lo shove me aside. I defy my enemies to point out any act or in-
■tance of my life, in which I have sought the attainment of office by
dishonorable or unworthy means. Did I display inordinate ambition,
when, under the administration of Mr. Madison, I declined a foreign
mission of the first grade, and an Executive Department, both of
which he successively kindly tendered to me } When, under that d
his successor, Mr. Moztroe, I was first importuned (as no one knowi
better thin that tterliag old patriot ^ Jonathaxi Robsbtbi now tbiea
«K BETVItKINfi TO XBVTUCXT. 667
lened, as tbc papers tell us, with oxpulsiou fi-om an oCicc whiuti was
never filleU with more hoDosty and uprightness, becauiw ha declines
to be a scrvili; inslrument,) to accept a St-cre tar j ship, and was afler-
wards offered a carle blanche of all the KorcJf;ii missions ? Al the
epoch of the election of lS:Jo, 1 t>elieve no ooe doubled at Wtfihing-
loQ that, if I luid felt it ray tluty to vole for General Jackson, ha
would bavi- invited iur to take chargr of a DepartnieaL And such
undoubtedly Mr. CrAuford would liave done, if he had been elected.
When ihe Harrisburg Coavvntion aiisemblcd, the general r^xpectation
■was Ibal the nuininuLion would be given t« me. It was given to the
lamented Harhisdk. Did 1 exhibit extraordlaary ambitii>D when,
dieerfully acquiescing, 1 threw myself into tlie canvass aod maile
every cxerlioii in my power to insure it success ? Was it evidence
of unchastened ambition in me to resign, as 1 recently did, my seat in
llie Senate — to resign the Dictatorship, with which my enemies had
BO kindly invested rait, and «ome borne to tbe quiet walks of private
Jife ?
But I am ambitious because aonie of my countrymen have seen fit
io aasociale my name with the succession for the Presidential office.
Do those who prefer the charge know what 1 have done, or not done,
in connection with that object.' Have they given themselves th«
trouble to enquire at all into any agency of mine in respect to it > I
beliove not. It is a subject which I approach with all the delicacy
which belongs to it, and with a daa regard to the dignity of the ex>
alted station ; but on which 1 ahall, at the same lime, speak to you,
my friesda and neighboca, withoot reserve, and with the utmost
candor.
I have prompted none of those movements among the people, of
which we have seen accounts. As far as I ara concerned, they an
altogether spontaneous, and not only without concert with me, but
most generally without any sort of previous knowledge on my part.
That I am thankful and grateful — profoundly grateful — for lhes«
manifestations of confidence and allAchment, I will not conceal nor
deny. Bui I have been, and mean to remain, a passive, if not indif-
ferent spectator. I have reached a time of life, and seen enough of
high official stations to enable me justly to appreciate their value,
Ib^r carea, their reoponsibilitieB, Iheit ceuekaa datiea. That eati-
.aateof .tbdrvattbilaaiKnaml imBt«fTinr,inraU nMnia^Bw
M8 tPBCRV tW RUTBT CLAT.'
firom seeking to fill any one, the highest of them, in a scramhle of
douhtful issue, with political opponents, much less with political
friends. That I should feel greatly honored hy a call from a majority
of the People of this country, to the highest office within their gift,
I shall not deny ; nor, if my health were preserved, might I feel at
liberty to decline a summons so authoritative and commanding. But
I declare most solemnly, that I have not, up to this moment, deter-
mined whether •! will consent to the use of my name or not as a can-
-didate for the Chief Magistracy. That h a grave question, which
should be decided by all attainable lights, which I think, is not neces-
sary yet to be decided, and a decision of which I reserve to myself,
as fiur as I can reserve it, until the period arrives when it ought to be
solved. That period has not, as I think, yet arrived. When it does,
an impartial survey of the whole ground should be taken, the state
of public opinion properly considered, and one's personal condition,
physical and intellectual, duly examined and weighed. In thus an-
nouncing a course of conduct for myself, it is hardly necessary to
remark that it is no part of my purpose to condemn, or express any .
opinion whatever upon those popular movements which have been
made, or may be contemplated, in respect to the next election of a
President of the United States.
If to have served my country, during a long series of years, with
fervent zeal and unshaken fidelity in seasons of peace and war, at
home and abroad, in the Legislative Halls and in an Executive De-
partment, if to have labored most sedulously to avert the embarrass-
ment and distress which now overspread this Union ; and when they
came, to have exerted myself anxiously, at the Extra session, and at
this, to devise healing remedies ; if to have desired to introduce
economy and reform in the general administration, curtail enormous
Executive power, and amply provide, at the same time, for the wants
of the Government and the wants of the People by a Tariff which
would give it revenue and them protection ; if to have earnestly
sought to establish the bright but too rare example of a party in
power, faithful to its promises and pledges made when out of power
**if these services, exertions and endeavors justify the accusation of
ambition, I most plead guilty to the charge.
1 have wished the good opmion of the worid ; but I defy the most
iBaHgiMiit of mj enemies to Aom that I bare attempted to gain it bj
ON RSTURNIKO TO KEMTUCKT. 569
«Dy low or grovelling arts, by any mean or unworthy sacrifices^ bj
the violation of any of the obligations of honor, or by a breach of
any of the duties which I owed to my country.
I turn. Sir, from these personal allusions and reminiscences, to the
vastly more important subject of the present actual condition of thii
country. If they could ever be justifiable or excusable, it would be
on such an occasion as this, when I am addressing those to whom I
am bound by so many intimate and friendly ties.
In speaking of the present state of the country, it will be neces-
sary for me to touch with freedom and independence upon the past
as well as the present, and upon the conduct, spirit and principles
of parties. In doing this, I assure my democratic brethren and fel-
low citizens, of whom I am told there are many here present, (and I
tender them my cordial thanks fbr the honor done me by their at-
tendance here this day, with as much sincerity and gratitude as if
they agreed with me in political sentiment,) that nothing is farther
from my intention than to say one single word that ought to wound
their feelings or give offence to them. But surely, if there ever were,
a period in the progress of aay People when all Vere called upoui
with calmness and candor, to consider thoroughly the present posture
of public and private affairs, and deliberately to inquire into the cau-
ses and remedies of thi« unpropitious state of things, we have arrived
at that period in the United States. And, if ever a People stood
bound by the highest duties to themselves and to their posterity, to
sacrifice upon the altar of their country, cherished prejudices and
party predilections and antipathies, we are now called upon to make
that sacrifice, if necessary.
What is our actual condition ? It is oBe of unexampled distress
and embarrassment, as universal as it is intense, pervading the whole
community, and sparing none. Property of all kinds, and every
where, fallen and falling in value ; agricultural produce of every de-
scription at the most reduced prices ; money unsound and at the same
time scarce, and becoming more scarce by preparations, of doubtful
and uncertain issue, to increase its soundness ; all the departments of
business inactive and stagnant; exchanges extravagantly high and
constantly fluctuating ; credit, public and private, at the lowest ebb,
«iid confidence loat ; and a fiselipg of genend discouiageoient and de-
97D tPKCCHV or henrt clat.
pretsioQ. And what darkens the gloom which hangs over the coun^
tfy, no one can discern any termination of this sad state of things,
nor see in the future any glimpses of light or hope.
Is not this a faithful, although appalling picture of the United
States in 1S42 ? I appeal to all present, Whigs and Democrats, In-
dies and Gentlemen, to say if it be at all too high colored.
Now let us see what was our real condition only the short time of
ten years ago. 1 had occasion, in February 1832, in the Senate of
the United States, when I was defending the American System,
against the late Colonel ITayne of South Carolina, to describe it;
aiid I refer to this description as evidence of what I believed to be the
state of the country at that time. That it conformed to the truth of
the case, I appeal with confidence to those now present. On thai
occasion, among other things, I said :
** I have now to peTfonn the more nleasinx ta&k of exhibiting an imperfect sketch
of the existing state of the unpuralleltd prosperity of the country. On a general
•iinrey, we bcTioId cultivation extended, the arts ilourishingr, the face of the conntry
iiniiroved, our i>eopIe fully und profitably einpioyed, and tiie public countenance ex-
hibiting tranquility, contentment and happinettj. And, ii we descend into pdrtieu>
lare, wc hnve the agreeHble contemplation of a people mn of debt, land risiuR slowly
in value, but in a secure and salutaiy degree : a ready, though not exlruv;igani.
market tor nil the surplus productions of our industry ; innumerable flockit and herris
browsing and gambolling on ten thousand hills and plains, covered with rich and
verdant grasses: our cities expanded, and whole villages spriui^iug uj», as it were,
by encbantmcnt : our exf>orts and our importtj increa&ed and increasing; ouriou-
na^c, foreign and coastwise, swelling and fully occupied ; the rivers of our inlirior
animated by the perpetual thunder and lightnmg of countlchS steamboat^, the cur-
rency sound and abundant; the public debt of two wars nearly redeemed : and, to
crown all, the pnblic treasury overflowing, embarrnFflng Congress, not to find tuU
• iecta of taxation, but to select the objects which shall be liberated from the impoj^t.
If the term of seven yeans xivre to bt; jielecied, of the greatest prosperity which thi«
people have enjoyed, Bincc the establishment of their present Constitution, it would
be exactlv that iieriud of seven years v^hich immediately followed the iias^ag*' of
the Tariff of 1824.'»
And that period embraced the whole term of the administration of
Mr. John Q. Adans, which has been so unjustly abused !
The contrast in the state of the country, at the two periods of
1832 and 1842, is most remarkable and startling. What has prec^
pitated us from that great height of enviable prosperity down to the
lowest depths of pecuniary embarrassment ? What has occasioned
the wonderful change ? No foreign foe has invaded and desolateil
the country. We have had neither famine nor earthquakes. That
there exists a cause there can be no doubt ; and I think it equally
ox BSTURNINO TO KBIfTUCKT. 571
clear that the cause, whatever it may be, must be a general one ; for
nothing but a general cause could have produced such wide-spread
ruin ; and every where we behold the same or similar effects, every
interest affected, every section of the Union suffering, all descriptions
of produce and property depressed in value. And while 1 endeavor
to find out that cause, and to trace to their true source the disastrous
effects which we witness and feel, and lament, 1 entreat the Demo-
cratic portion of my audience, especially, to listen with patience and
candor, and, dismissing for a moment party biases and prejudices, to
decide with impartiality and in a spirit of genuine patriotism.
It has been said by those, in high authority, that the People are
to blame and not the Government ; and that the distresses of the
country have proceeded from speculation and overtrading. The
people have been ever reproached for expecting too much from Go-
vernment, and not relying sufficiently upon their own exertions.
And they have been reminded that the highest duty of the Govern-
ment is to take care of itself, leaving the People to shift for them-
selves as well as they can. Accordingly we have seen the Govern-
ment retreating from the storm which it will be seen in the sequel,
itself created, and taking shelter under the Sub-Treasury.
That there has boen some speculation and over-trading, may h^
true ; but all have not speculated and over-traded ; while the dis-
tress reaches, if not in the same degree, the cautious and the pru-
dent, as well as the enterprising and adventurous. The error of the
argument consists in mistaking the effect for the cause. What pro-
duced the overtrading ? What was the cause of speculation } How
were the people tempted to abandon the industrious and secure pur-
suits of life and embark in doubtful and perilous, but seducing enter-
prizes } That is the important question. '
Now, fellow citizens, I take upon myself to show that the people
have been far less to blame than the General Government, and that
whatever of error they committed, was the natural and inevitable
consequence of the unwise policy of their rulers. To the action of
Government is mainly to be ascribed the disorders the embarrass-
ment and distress which all have now so much reason to deplore.
And, to be yet more specific, I think they are to be fairly attributed
to the action of the Executive branch of the Federal Government.
^72 ' 8PEECHCS OP -HKVRT CLAT.
Three facts or events, all happening about the same time, if their
immediate effects are duly considered, will afford a clear and satis&c-
tory solution of all the pecuniary evils which now unhappily afflict
this country.
The first was the veto of the recharter of the'Bank of the United
States. The second was the removal of the deposites of the United
States from that Bank to local hanks. And the third was the refu-
sal of the President of the United States, by an arbitrary stretch of
of power, to sanction the passage of the Land Bill. These events
all occurred, in quick succession, in 1833-34, and each of them de-
serves particular consideration.
1. When the Bank of the United States had fully recovered from
the errors of its early administration, and at a period when it was
proposed to re-charter it, it furnished the best currency that ever ex-
isted, possessing not merely unbounded confidence in the United
States, but throughout the whole commercial world. No institution
was ever more popular, and the utility of a Bank of the United
States was acknowleged by President Jackson in his Veto message,
in which he expressly stated, that he could have suggested to Con-
gress the plan of an unexceptionable charter, if application had
been made to him. And I state as a fact, what many, I am sure,
will here remember and sustain, that in the canvass then going on
for the Presidency, many of his friends in this State gave assurances,
that, in the event of his re-^ection, a Bank of the United States
would be established. ,
It was held out to the people,' that a better currency should be
supplied, and a more safe and &ithful execution of the fiscal duties
towards the Government would be performed by the local banks,
than by the Bank of the United States.
What was the immediate effect of the overthrow of that institu-
tion ? The establishment of innumerable local banks, which sprung
up every where, with a rapidity to which we cannot look back with-
out amazement. , A respectable document which I now hold in my
hand, I believe correctly states, that '' in 1830 the aggregate bank-
ing capital of the Union was $145,190,268^ Within two years af-
ter the removal of the deposites, the banking capital had swollen to
ON RSTUKNIHO TO KKZfTUCKT. 573
1^331 ^250,337, and in 1837 it reached $450,195,710. While the
United States Bank was in existence, the local banks, not aspiring
to the regulation of the currency, were chartered with small capi-
tals, as occasion and business required. After 1833, they were char*
tered without necessity and multiplied beyond example. In Decem-
ber, 1837, there were no less than 709 State banks. Nearly four
hundred banks sprung up upon the ruins of the United States Bank,
and $250,000,000 of capital was incorporated, to supply the uses
formerly discharged by the $35,000,000 capital of the Bank of the
United States. The impulse given to extravagance and speculation
by this enormous increase of banking capital was quickened by the
circulars of the Treasury Department to these pet* State banks that
were made the custodiers of the National Revenue."
A vast proportion of these new banks, more I believe than four-
fifths, were chartered by Legislatures in which the Democratic party
had the undisputed ascendancy. I well remember that, in this State,
the presses of that party made a grave chaige against me of being
inimical to the establishment here of State banks ; and I was op-
posed to their establishment, until all prospect vanbhed of getting a
Bank of the United States.
The effect upon the country of this sudden increase, to such an
immense amount, of the banking capital of the country, could not
fail to be very great, if not disastrous. It threw out, in the utmost
profusion. Bank accommodations in all th^ variety of forms, ordi-
nary Bank notes, post<iotes, checks, drafts, bills, &c. The curren-
cy thus put forth, the people had been assured was better than that
supplied by the Bank of the United States ; and, after the removal
of the depositet, the Local Banks were urged and stimulated, by the
Secretary of the Treasury, freely to discount and accommodate upon
the basis of those deposites. Flooded as the country was, by these
means and in this way, with all species of Bank money and fiicilities,
is it surprising that tliey should have rushed into speculation, and
freely adventured in the most desperate enterprises ? It would have
been better to have avoided them ; it would have been better that
the people should have been wiser and more prudent than Govern-
ment ; but who is most to blame, they who yielded to temptation so
thrown before them — ^they who yielded confidence to their rulers —
they who could not see when thk. inordinate issue ot money was to
574 tPlKCHEt OF HEURT CLAT.
cease or to become vitiated ; or Government, that tempted, aeduoed
and betrayed them ?
And now, fellow citizens, do let us in calmness and candor, revert
for a moment to some of the means which were employed to break
down the Bank of the United States, and to inflict upon the country
all the sad consequences which ensued. I shall not stop to expose
the motives of the assault upon that institution, and to show that it
was because it refused to make itself basely and servilely instrumen-
tal to promotion of political views and objects.
The Bank wa!^ denounced as a monster, aiming as was declared, to
rob the people of their liberties, and to subvert the Government of
the country. The Bank to subvert the Government! Why how
could the Bank continue to exist after the overthrow of that Govern,
ment to which it was indebted for its existence, and in virtue of whose
authority it could alone successfully operate ? Convulsions, revolu-
tions, civil wars, are not the social conditions most favoiable to Bank
prosperity ; but they flourish most when order, law, regularity, punc-
tuality and successful business prevail.
Rob the people of their liberties ? And pray what would it do
with them after the robbery was perpetrated ? It could not put
them in its vaults, or make interest or profit upon them, the leading,
if not sole object of a Bank. And how could it destroy the liber-
ties of the people, without at the same time destroying the liberties
of all persons interested or concerned in the Bank ? VMiat is a
Bank ? It is a corporation, the aggregate of whose capital is contri-
buted by individual shareholders, and employed in pecuniary opera-
tions, under the management of official agents, called President, Di-
rectors, Cashier, Teller and Clerks. Now all these persons are usu-
ally citizens of the United States, just as much interested in the pre-
servation of the liberties of the country, as any other citizens.
What earthly motive could prompt them to seek the destruction of
the liberty of their fellow citizens and, with it their own ?
The fate of the Bank of the United States clearly demonstrated
where the real danger to the public liberty exists. It was not in the
Bank. Its popularity had been great, and the conviction of its utili ty
strong and general, up to the period of the Bank Veto. Unbounded
oif KmnmiNe to TttmcKT- 575
M waa the influence of President JacVoD) and undisgained u Ijis hos-
tility was to the Bank, he could not prevent the pasaage through Con-
gceas ofa bill to re-charter it. In such favor and esteem was it held,
that the Legislature of Pennsylvania, in which his friends had uncon-
trolled sway, almost unanimously recommended there-charier- But
his Veto came ; hfc blew his whistle for its destruction ; it was neces-
sary to sustain his parly, which couM only be done by sustaining
him, and instantly, and every where, down with the Bank and huz-
Koh for the Veto, became the watch-words and the rallying cry of
his partisans. That same Legislature of Pennsylvania, now with
eijual unanimity, approved the destruction of an institulion which
they had believed to be indispensable to the public prosperity, and
the deluded people fell as if they had fortunately escaped a great
National calamity ! ^
The Veto notwithstanding, the House of Representatives, by a large
majority, resolved that the public dt'posiles were safe in the custody
of the Bank of the United Stales, where they were placed, under the
sanction and by the command of the law ; and it was welt known at
Washington, that this resolution was passed in anticipation and to
prevent the possibility of their removal. In the face and in contempt
of this decision of the Bepresentatives of the people, and in violation
of a positive law, the removal was ordered by the President a few
months after, the Secretary of the Treasury having been previously
himself removed to accomplish the object. And this brings tne to
consider, the eSect produced npoo the business and intereata of the
country, by the
2nd event to which I have alluded. It is welt known to be the
usage of the Banks, to act upon the standing average amount of their
deposiles, as upon a permanent fund. The Bank of the United
Slttes had so regulated its transactions upon the deposites of the
United Slates, and had granted accommodations and extended bcili-
ties as far as could be safely done on that basis. The deposites were
removed nnd dispersed among various local Banks, which were ui^ed
by an authority not likely to be disregarded, especially when aecond-
jng, as it did, their own pecuniary interests, to discount and accom-
modate freely on them- They did so ; and thus these deposites per-
formed a double office, by being the basis of Bonk facilities, first, ip
the hands of the ISank of the United States, and aftemrdi in tlw
576 tPSBCHBi or bbhrt clat.
possession of the local Banks. A vast addition to the circolatioii of
the country ensued, adding to that already so copiously put forth and
putting forth by the multitude of new Banks which were springing
up like mushrooms. That speculation and overtrading should hate
followed, were to haye been naturally expected. It is surprising
that there were not more. Prices rose enormously, as another con-
sequence ; and thousands were tempted, as is always the case in an
advancing market, to hold on or to mi^e purchases, under the hope
of prices rising still higher. A rush of speculators was made upon
the public lands, and the money invested in their purchase, coming
back to the deposite Banks, was again and again loaned out to the
same or other speculators, to make other and other purchi
Who was to blame for this artificial and inflated state of things ?
Who for the speculation which was its natural ofipring ? Tlie poli-
. cy of Grovernment, which produced it, or the people? The sedoctr,
or the seduced ? The people, who only used the means so abun-
dantly supplied in virtue of the public authority, or our rulers, whose
unwise policy tempted them into ruinous speculation ?
3. There was a measure, the passage of which would have greatly
mitigated this unnatural state of things. It was not dl£5cult to ibie*
see, after the Veto of the Bank, some of the consequences that
would follow. The multiplication of Banks, a superabundant cur
rency, rash and inordinate speculation, and a probable ultimate sus-
pension of specie payments. And the public domain was too bril-
liant and tempting a prize, not to be among the first objects that
would attract speculation. In March 1833, a bill passed both Hoosei
of Congress, to distribute among the States the proceeds of sales of
the public lands. It was a measure of strict justice to the States,
and one of sound policy as it respects the revenue of the United
States ; but the view which I now propose to take of it, appb'es alto-
gether to the influence which it would have exerted upon circula-
tion and speculation. It was the constitutional duty of the Presi-
dent to have returned the bill to Congress with his objections, if he
were opposed to it, or with his sanction, if he approved it ; but the
bill fell by his arbitrarily withholding it from Congress.
Let hs here pause and consider what would have been the opera-
tion of that most timely and salutary measure, if it had not been
ON EBTURNIIfO TO KKNTUCKT. 577
arrested. The bill pessed in 1833, aod in a short time after, the
sales of the pnbUc lands were made to an unprecedented extent ; in
so mach, that in one year they amounted to about $25,000,000, and
in a few years to an aggregate of about $50,000,000. It was mani-
fest that, if this fund, so rapidly accumulating, remained in the cus-
tody of the local Banks, in conformity with the Treasury circular,
and with their interests, it would be made the basis of new loans,
new accommodations, fresh bank facilities. It was manifest that the
same identical sum of money might as it in fact did, purchase many
tracts of land, by making the circuit from the land-offices to the
Banks, and from the Banks to the land-offices, besides stimulating
speculation in other forms.
Under the operation of the measure of distribution, that great fund
would have been semi-annually returned to the States, and would
have been applied, under the direction of their respective Legisla-
tures, to various domestic and useful purposes. It would have fallen
upon the land, like the rains of heaven, in gentle, genial and general
showers, passing through a thousand rills, and fertilizing and beauti-
fying the country. Instead of being employed in purposes of specu-
lation, it would have been applied to the common benefit of the whole
people. Finally, when the fund had accumulated and was accumu-
lating in an alarming degree, it was distributed among the States by
the deposite act, but so suddenly distributed, in such large masses,
and in a manner so totally in violation of all the laws and rules of
finance, that the crisis of suspension in 1837, was greatly accelerated.
This would have been postponed, if. not altogether avoided, if the
land bill of 1833 had been approved and executed.
To these three causes, fellow-citizens, the Veto of the Bank of the
United States, with the consequent creation of innumerable local
Banks, the removal of the deposites of the United States 'from the
Bank of the United States, and their subsequent free use, and the
failure of the land bill of 1833, 1 verily believe, all, or nearly all of
the pecuniary embarrassments of the country are plainly attributable.
If the Bank had been re-chartered, the public deposites suffered to
remain undisturbed where the law required them to be made, and the
land bill had gone into operation, it b my firm conviction that we
should have had no more individual distress and ruin than is com-
mon, in ordimury and regular times, to' a trading and oommerohl
conununity.
^78 tPKKCHfiS OF UJENRT CLAT,
Aikl do just now take a rapid review of the experimeota of our
rulers. They began with inconteslibly the best currency in the
world, and promised a belter. The better current was to be sup-
plied by the local Banks ; and, in the first stages of the experiment,
after the removal of the deposites, they were highly commended,
from high authority, for their beneficial and extensive operations i&
exchange, the financial facilities which they afforded to the Govern-
ment, iic.,&c. But the day of trouble and difficulty which had been
predicted, for the want of a United States Bank, came. They coulil
not stand the shock, but gave way, and the suspension of 1837 took
place. Then what was the course of those same rulers ? They had
denounced and put down the Bank of the United States. It was a
monster. They had extolled and lavished praises on the local Banks.
Now, they turned round against the objects of their own creation and
commendation. Now they were a brood of little monsters, corrD|it
and corrupting, with separate privileges, preying upon the vitals of
the State. They vehemently call out for a divorce of State and Bank.
And meanly retreating under the Sub-Treasury, firom the storm whick
themselves had raised, leaving the people to sufier under all its peltr
ing and pitiless rage, they add insult to injury, by telling them thai
they unreasonably expect too much from Government, that they must
take care of themselves, and that it is tlie highest and most patriotic
duty of a free Government, to take care of itself, without regard to
the sufferings and distresses of the people !
They began with the best currency, promised a better, and end
with giving none ! For we might as well resort to the costumes of
our original parents in the garden of Eden, as, in this enlightened
age, with the example of the whole commercial world before us, lo
cramp this energetic and enterprizing people by a circulation exclu-
sively of the precious metals. Let us see how the matter stands
with us here in Kentucky, and I believe we stand as well as the peo*
pie do in most of the Slates. We have a circulation in Bank notes
amounting to about $2,500,000, founded upon specie in their vaults,
amounting to about $1 ,250,000, half the actual circulation. Have we
too much money ? [No ! no ! exclaimed many voices.] If all
Banks were put down, and all Bank paper were annihilated, we
should have just one half of the money that we now have. I am
quite sure that one of the immediate causes of our present difficolties,
is a defect in quantity as well as the quality of the circulating nMdi-
ON RrrURNIlffQ TO KKZTTUCKT. 579
tun. And it woald be impossible, if we were redaced to sudi a regi*
men as is proposed by the hard*money theorists, to avoid stop laws,
relief laws, repudiation, bankruptcies, and perhaps civil commotion.
1 have traced the principal causes of the present embarrassed con-
dition of the country, 1 hope in candor and fairness, without giving
offence to any of my fellow citizens, who may have diffeied in politi-
cal opinion from me. It would have been far more agreeable to my
feelingR to have dwelt, as 1 did in 1832, during the third year of the
first term of President Jackson's administration, upon bright and
cheering prospects of general prosperity. 1 thought it useful to con-
trast that period with the present one, and to inquire into the causes
which have brought upon us such a sad and dismal reverse. A
much more important object remains to me to attempt, and that is to
point oat remedies for existing evils and disorders.
And the first I would suggest, requires the cp-operatiop of the
Government and the people — it is economy and frugality, strict and
pertevering economy, both in public and private afiairs. Govern*
ment should incur or continue no expense that can be justly and
honorably avoided, and individuals should do the same. The pros-
perity of the country has been impaired by causes operating tlirough-
out several years, and it will not be restored in a day or a year, per^
haps not in a period less than it has taken to destroy it. But wa
must not only be economical, we must be industrious, indefatigably
industrious. An immense amount of capital has been wasted and
lK|aandered in visionary and unprofitable enterprizes, public and pri-
vate. It can only be reproduced by labor and saving.
m
The second remedy which I would suggest, and that without which
Others must prove abortive or inefiectual, is a sound currency, of oni*
form value throughout the Union, and redeemable in specie upon the
demand of the holder. 1 know of but one mode in which that object
can be accomplished, and that has stood the test of time and practical
experience. If any other can be devised than a Bank of the United
States, which should be safe and certain, and free from the influence
of Government, and especially not under the control of the Executive
Department, I should for one, gladly see it embraced. I am not
exdusively wedded to a Bank of the United States, nor do I desire
toeee one eatablished against the will and without the consent' ef
580 ipncHBi or hbvet clat.
the people. But all my obsenration and reflection haye aerred ta
atrengthen and confirm my conviction^ that aach an inatiiution, ema-
nating from the authority of the general €k>yemmenty properly le*
atricted and guarded, with such improvements as experience hai
pointed out, can alone supply a reliable currency.
■ Accordingly, at the Extra Session, a bill passed both Houses of
Congress, which, in my opinion, contained an excellent charter, with
one or two slight defects, which it was intended to cure by a supple-
mental bill, if the Veto had not been exercised. That charter con-
tained two new and I think admirable features ; one was to seperate
the operation of issuing a circulation from that of banking, coafiding
these fiusulties to different boards ; and the other was to limit the div-
idends of the Bank, bringing the exceaa beyond the prescribed amount,
into the public treasury. In the preparation of the charter, every
sacrifice was made that could be made, to accommodate it, especially
m regard to the branching power, to the reputed opinions of the Pre-
aident. But instead of meeting ua in a mutual apirit of conciliation,
he fired, as was aptly said by a Virginia Editor, upon the flag of
truce aent firom the capitoL
Congreas, anxious to fulfil the expectations of the people, another
Bank bill was prepared, in conformity with the plan of a Bank sketch*
ed by the acting President in his Veto message, after a previous con-
sultation between him and some distinguished members of Congress,
and two leading members of his Cabinet. The bill was shaped in
precise conformity to his views, as coDununicated to others, and was
submitted to his inspection after it was so prepared ; and he gave
assurances that he would approve such a bill. I was no party to the
transaction, but I do not entertain a doubt of what I state. The bill
passed both Houses of Congress without any alteration or amendment
whatever, and the Veto was nevertheless again employed.
It is painful for metoadvert toa grave occurrence, marked by such
dishonor and bad fiiith. Although the President, through his recog-
nized organ, derides and denounces the Whigs, and disowns being
one ; although he administers the Executive branch of the Govern-
ment in contempt of their feelings and in violation of their principles ;
and although all whom he chooees to have denominated as ultra
Whiga, that is to say the great body of the Whig party, have conoe
<m RBTURimiO TO KBITTUOKT. 6B1
under' his ban, and those of them la office are threatened with hia
expulsion, I wbh not to say of him one word that is not due to truth
and to the country. I will, however, say that, in my opinion, the
Whigs cannot be justly held responsible for his administration of tha
Executive Department, for the measures he may recommend, or hia
failure to recommend others, nor especially for the manner in which
he distributes the public patronage. They will do their duty, I hope,
towards the country, and render all good and proper support to
Government ; but they ought not to be held accountable for his coo*
duct. They elected him it is true, but for another office, and he
came into the present one by a lamentable visitation of Providence.
There had been no such instance occurring under the Government
If the Whigs were bound to scrutinize his opinions, in reference to
an office which no one ever anticipated he would fill, he was bound
in honor and good faith to decline the Harrisburg nomination, if he
could not conscientiously co-operate with the principles that brought
him into office. Had the President who was elected lived, had thai
honest and good man, on whose face, in that picture, we now guzei
been spared, I feel perfectly confident that all the measures which
the principles of the Whigs authorized the country to expect, incia*
ding a Bank of the United States, would have been carried.
But it may be said that a sound currency, such as I have desribed,
la unattainable during the administration of Mr. Tyler. It will be|
if it can only be obtained through th^ instrumentality of a Bank of
the United States, unless he changes his opinion, as he has done in
regard to the land bill.
Unfortunately, our Chief Magistrate possesses more powers, ig
some respects, than a King or Queen of England. The crown ii
never separated from the nation, but is obliged to conform to its wilL
If the ministry holds opinions adverse to the nation, and is thrown
into the minority in the House of Commons, the crown is constrained
to dismiss the ministry, and appoint one whose opinions coincide
with the nation. This Queen Victoria has recently been obliged to
do ; and not merely to change her ministry, but to dismiss the official
attendants upon her person. But here, if the President holds an
<^inion adverse to that of Congress and the nation upon important
public measures, there is no remedy but upon the periodical retm
of the rights of the ballot box.
•MM
6(3 mCHIS OF HKMRr CLAY.
Another remedy, powerfully demanded by the necessities of tba
times, and requisite to maintaining the currency in a sound state, is t
Tariff which will lessen importations from abroad, and tend to is-
crease supplies at home from domestic industry. I have so of^n ex-
pressed my views on this subject, and so recently in the Senate of
the United States, that I do not think there is any occcsion for my
enlarging upon it at this time. I do not think that an exhorbitant or
re'ry high Tariff is necessary ; bnt one that shall insure an adequate
rerenue and reasonable protection ; and it so happens that the inte-
Tests of the Treasury and the wants of the people now perfectly coin-
cide. Union is our highest and greatest interest. No one can look
beyond its dissolution without horror and dismay. Harmony is essen-
tial to the preservation of the Union. It was a leading, although not
tbe only motive, in proposing the compromise act, to preserve that
harmony. The power of protecting the interests of oar own coun-
tryi can never be abandoned or surrendered to foreign nations, with-
out a culpable dereliction of duty. Of this truth, all parts of the
natfen are every day becoming -more and more sensible. In the
meantime, this indispensable power should be exercised with discre-
tion and moderation, and in a form least calculated to revive preju-
dices, or to check the progress of reform now going on in public opinion.
In connection with a system of remedial measures, I shall only
allude, without stopping to dwell on the distribution bill, to that just
and equitable settlement of a great National question, which sprung
up during the Revolutionary War, which has seriously agitated the
country, and which it is deeply to be regretted had not been settled
ten years ago, as then proposed. Independent of all other considera-
tions, the fluctuation in the receipts from sales of the public lands is
so great and constant, that it is a resource on which the general Go-
vernment ought not to rely for revenue. It is far better that the
advice of a Democratic land committee of the Senate, at the head of
Which was the experienced and distinguished Mr. King of Alabama,
given some years ago, should be followed, that the Federal Treasury
be replenished with duties on imports, without bringing into it any
part of the land fund.
I have thus suggested measures of relief adapted to the present
•late of the country, and I have noticed some of the diflferences which
unfortunately exist between the two leading parties into which ou/
ON MTUBVmO TO KBNTVCKT. fi8S
people are unhappily divided. In considering tlie qneation whether
the counsels of the one or the other of these parties are wisest, and
best calculated to advance the interests, the honor, and the prosperi-
ty of the nation, which every citizen ought to do, we should discard
All passion and predjudice^ and exercise, as far as possible, a perfect
impartiality. And we should not confine our attention merely to tbi
particular measures which those parties respectively espouse or op*
pose, but extend it to their general course and conduct, and to the
spirit and purposes by which they are animated. We should anx-
iously enquire, whither shall we be led by following in the lead of
one or the other of those parties — shall we be carried to the achieve-
ment of the glorious destiny, which patriots here, and the liberal por-
tion of mankind every where, have fondly hoped awaits us ? or shall
we ingloriously terminate our career, by adding another melancholy
example of t)^ instability of hunr^an afiairs, and the folly with which
ielf-government is administered ?
I do not arrogate to myself more impartiality, or greater freedom
firom party bias, than belong to other men ; but, unless I deceive my-
self, I think I have reached a time of life, and am now in a position
of retirement, from which I can look back with calmness, and speak,
I hope with candor and justice. I do not intend to attempt a general
oontrast between the two parties as to their course, doctrines and
^irit. That would be too extensive and laborious an undertaking
for this occasion ; but I purpose to specify a few recent instances, in
frhich I think our political opponents have exhibited a spirit and
bearing, disorganizing and dangerous to the permanency and stabilit]^
of our institutions, and I invoke the serious and sober attention to
them, of all who are here assembled.
The first I would notice is the manner in which Territories have
been lately admitted, as States, into the Union. The early and regu-
lar practice of the Government was for Congress to pass previously a
law authorising a Convention, regulating the appointment of mem-
bers to it, specifying the qualification of voters, &c. In that way
most of the States were received. Of late, without any previous
sanction or authority from Congress, several territories have proceeded
of themselves to call conventions, form C^onstitutions, and demand
admission into the Union ; and they were admitted. 1 do not deny
that their population and condition entitled them to admissioa $ bat I
564 tFKKCHES OP HKNRT CLAT.
-iuist that it should have been done in the regular and established
mode. In the case of Michigan, aliens were allowed to vote, as
aliens have been allowed to become pre-emptioners in the publie
lands. And a majority in Congress sanctioned the proceeding.
When foreigners are naturalized and incorporated, as citizens, in our
oommunity, tbey are entitled to all the privileges, within the limits
of the Constitution, which belong to a native born citizen ; and, if
necessary, they should be protected at home and abroad — the thun-
der of our artillery should roar as loud and as efiectually in their de-
fence, as if their birth were upon American soil. But I cannot hot
think it wrong and hazardous, to allow aliens, who have just landed
upon our shores, who have not yet renounced their allegiance to
Foreign Potentates, nor sworn fidelity to our constitution, with all the
influences of monarchy and anarchy alM>ut them, to participate in our
elections, and affect our legislation.
2. The New Jersey election, in which the great seal of the Staiei
and the decision of the local authorities were put aside by the House
of Representatives, and a majority thus secured to the demoaatic
party.
3. Nullification, which is nothing more nor less than an assump>
iion by one State to abrogate within its limits, a law passed bjtbe
twenty Hsix States in Congress assembled.
4. A late revolutionary attempt in Maryland to subvert the exist-
ing government, and set up a new one, without any authority of law.
5. The refusal of a minority in the Legislature of Tennessee, to co-
operate with the majority (their Constitution requiring the presenca
of two-thirds of the members) to execute a positive injunction'of the
Constitution of the United States to appoint two United States Sen-
ators. In principle, that refusal was equivalent to announcing the
willingness of that minority to dissolve the Union. For if thirteen
or fourteen of the twenty-six States were to refuse altogether to elect
Senators, a dissolution of the Union would be the consequence. That
minority, for weeks together, and time after time, deliberately refused
to enter npon tlie election. And, if the Union is not in fact dissolved,
it is not because the principle involved would not lead to a dissolu-
tion, but because twelve or thirteen other States have not like theoa-
ON RITURinifa TO KINTUCKT. £65
ielves jrefaied to perforin a high constitational duty. And why did
they refuse ? Simply because they apprehended the election to the
Senate of political oponents. The seats of the t^'o Tennessee Sena*>
•tors, in the United States Senate, are now vacant, and Tennessee
Jias no voice in that branch of Congress, in the genera) legislation.
One of the highest compliments which I ever received, waj to have
been appointed, at a popular meeting in Tennessee, one of her Sena*
tors, in conjunctionwith a distingaished Senator from South Carolina,
with ail the authority that such an appointment could bestow. 1
repeat here an expression of my acknowledgements for the honor,
which I most ambitiously resigned, when I gave up my Dictatorship,
and my seat as a Kentucky Senator.
6. Then there is Repudiation, that foul stain upon the American
character, cast chiefly by the Democrats of Mississippi, and which it
will require years to efface from our bright escutcheon.
7. The support given to Executive usurpations, and the expui^ging
(he records of the United States.
8. The recent refusal of State Legislation to pass laws to carry
into efiect the act of distribution. An act of Congress passed accord-
ing to all the forms of the Constitution, after ample discussion and
deliberate consideration, and after the lapse of ten years from the
period it was first proposed. It is the duty of all to submit to the
bws, regularly passed. They may attempt to get them repealed ;
they have a right to test their validity before the Judiciary ; but
.while the laws remain in force unrepealed, and without any decision
against their constitutional validity, submission to them is not -merely
a constitutional and legal but<a moral duty. In this case, it is true,
that those who refuse to abide by them, only bile their own noses.
But it is the principle of the refusal to which I call your attention.
If a minority may refuse compliance with one law, what is to prevent
minorities from disregarding all law ? Is this any thing but a modifi-
cation of nullification ? What right have the servants of the people
4(the Legislative bodies) to withhold from their masters, %ieir as-
signed quotas of a great public fund ?
'. 9. The last, though not least, instance of the manifestation of a
iqpirit of disorganizatuHu which I shall Mtke, is the >reoent 'coimd-*
568 cptacHis or hbhrt clat.
don in Rhode Itland. That little but gallant and patriotic State
had a Charter derived from a Brilish King, ia operation between otte
4Bd two hundred years. There had been engraAed upon it laws aii4
usages, from time to time, and altogether a practical Constitutioa
spiung up, which carried the State as one of the 'glorious thtrteeai
through the Revolution and brought her safely into the Union. Un*
der it, her Greens and Perrys, and other distinguished men were
b<Mm and rose to eminence. The Legislature had called a Conven-
tion to remedy whatever defects it had, and to adapt it to the progres-
aive improvements of the age. In that work of Reform the Doir
party might haVe co-operated ; but, not choosing so to co-operate,
and in wanton defiance of all established authority, they undertook
subsequently to call another Convention. The result was two Con-
stitutions, not essentially di£Ebring on the prineipal point of conlro-
tersy, the right of suffrage.
Upon submitting to the people that which was formed by the rega«
lar Convention, a small majority voted against it, produced by a
union in casting votes between the Dorr party, and some of the
friends of the old Charter, who were opposed to any change. The
other Constitution, being also submitted to the People, an apparent
majority voted for it, made up of every description of votes, legal and
illegal, by proxy and otherwise, taken in the most irregular and un-
authorized manner.
The Dorr party proceeded to put their Constitution in operatioi,
by electing him as the Governor of the State, members to the mock
Legislature and other Officers. But they did not stop here ; they
proceeded to collect, to drill, and to marshal a military force, and
pointed their cannon against the Arsenal of the State.
The President was called upon to interpose the power of theUnkm
to preserve the peace of the State, in conformity with an express
provision of the Federal Constitution. And I have as much plea-
sure in expressing my opinion that he faithfully performed his duty,
in responding to that call, as it gave me pain to be obliged to ani-
madvert on other parts of his conduct.
The leading presses of the Democratic party at Washington, Al-
. knoy^ New York aad Richmond, and ebewhere^ came out in support
>. OH BBTUtmiKI TO KIMTUCKT. fKH
of tho Dorr portj, oncouraging thorn id their work of Rebellion and
Treaooa. And when matters had got to a crisis, and the two partiea
were prepared for a Civil War, and every hour it was expected t#
Uaxo out, a great Tammany meeting was held in the City of New
York, headed by the leading men of the party, the Cambreiings, tho
Vanderpools, the Aliens, &c., with a perfect knowledge that the mili-
tary power of the Union was to be employed, if necessary, to sup-
pfoaa the insurrection, and, notwithstanding, they passed resolutions
lendiiig to awe the President, and to countenance and cheer tho
Treason.
Fortunately, numbers of the Dorr party abandoned their Chiaf ;
be fled, and Rhode Island, unaided by any actual force of the Federal
anthority, proved herself able alone to maintain law, order and go«
Tenunent within her borders.
I do not attribi(te to my fellow citizena here assembled, from whom
1 diffisr in opinion, any disposition to countenance the Revolutionary
proceedings in Rhode Island. 1 do not believe that they approve it,
I do not believe that their party generally could approve it, nor sonskO
of the Other examples of a spirit of disorganization which I have
enumerated ; but the misfortune is, in time of high party excitement,
that the leaders commit themselves, and finally commit the body of
their party, who perceive that unless they stand by and sustain their
leaders, a division and perhaps destruction of the party would be tho
consequence. Of all the springs of human action, party ties are per-
haps the most powerful. Interest has been supposed to be more so ;
but party ties are more influential, unless they are regarded as a modi-
fication of imaginary interest. Under their sway, we have seen not
only individuals but whole communities abandon their long cherished
iBfeerests and principles, and turn round and oppose them with violence.
Did not the Rebellion in Rhode Island find for its support a preoe*
dent established by the majority in Congress, in the irregular admis^
aion of Territories, as States, into the Union, to which 1 have hereto-
fore aUuded ? Is there not reason to fear that the example which Coo*
greM^iad previously presented encouraged the Rhode Island rebellion ?
Jt has been attempted to defend that Rebellion upon the doctrines
of. tho American Declaration of Independence; but no countenaMO
an tptBomt or Hmn cuit.
lb it can be fiiirly derived from them. T^bni decltrmtion aaierts, it k
trae, that whenever a Grovernment becomes destructive of th«i ends
of life, liberty and the pursuit of happiness, for the security of whid
it was instituted, it is the right of the People to alter or abolish it,
said institute new government ; and so undoubtedly it is. But this is
a right only to be exercised in grave and extreme cases. '^ Prudence
indeed will dictate," says that venerated instrunoent, *' that Govern,
ments long established should not be changed for light and transient
causes." '< But when a long train of abuses and usurpations, pursu-
ing invariably the same object, evinces a design to reduce them under
absolute despotism, it is their right, their duty, to throw off* such
Government."
Will it be pretended that the actual Govermment of Rhode Idand
is destructive of life, liberty, or the pursuit of happiness ? That it
has perpetrated a long train of abuses and usurpations, pursuing the
same invariable object, to reduce the people under absolute despot-
ism } Or that any other cause of complaint existed but such is
night be peacefully remedied, without violence and without blood ?
Such, as m point of fact, the legitimate Government had regularly
summoned a Convention to redress, but for the results of whose de-
liberations the restless spirit of disorder and rebellion had not the
patience to wait ? Why, fellow citizens, little Rhody (God blem
and preserve her,) is one of the most prosperous, enterprizing and
enlightened States in this whole Union. No where is life, liberty
and property more perfectly secure.
How is this right of the people to abolish an existing Govemment,
and to set up a new one to be practically exercised ? Our Revolu-
tionary ancestors did not tell us by words, but they proclaimed it by
gallant and noble deeds. Who are the People that are to tear up the
whole fabric of human society, whenever and as often as caprice or
passion may prompt them ? When all the arrangements and ordi-
nances of existing and organized society are prostrated and subverted,
as must be supposed in such a lawless and irregular movement as
that in Rhode Island, the established privileges and distinctions be-
tween the sexes^ between the colors, between the ages, betweer na-
tives and foreigners, between the sane and Insane, and between the
innocent and the guilty convict, all the ofispring of positive institu-
tions, are cast down and abolished, and society is thrown into one
, OH tmrvwmo to kihtvckt. 680
boterogeneous and vmregulnted mum. And it is contended that the
najor part of this Babel congregation ia invested with the right to
bmiid up, at its pleasure, a new Govemirent ? That as often, and
whenever society can be drommed up and thrown into such a siiape-
lois mass, the major part of it may establish another, and another new
Government in endless succession ? Why this would overturn all
social organization, make Revolutions^-the extreme and last resort
of an oppressed people — the commonest occurrence of human life,
and the standing order of the day. How such a principle would ope*
tate in a certain section of this Union, with a peculiar population^
jou will readily conceive. No community could endure such an in*
tolerable state of things any where, and all would, sooner or latefi
take refug«, from such ceaseless agitation, in the calm repose of abso*
\mie despotism.
. I know of no mode by which an existing Government can be over-
thrown and put aside, and a new one erected in its place but by the
eooeent or authority of that Government, express or implied, or hy
tecible resistance, that is Revolution.
Fellow Citizens — I have enumerated these examples of a danger-
ous spirit of disorganization, and disregard of law, with no^iurpoae
of giving ofieoce, or exciting bitter and unkind feelings, here or else-
where ; but to illustrate the principles, character and tendency of
the two great parties into which this country is divided. In all of
these examples, the Democratic party, as it calls itself, (a denomina-
tion to which I respectfully think it has not the least pretension,) or
large portions of that party, extending to whole States, united with
af^arent cordiality. To all of them the Whig party was constantly
and firmly opposed. And now let me ask you, in all candor and sin*
cerity, to say truly and impartially to which of these two parties can
the interests, the happiness, and the doctrines of this great people be
most safely confided ? I appeal especially, and with perfect confi-
dence, to the candor of the real, the ancient and long tried Demo-
cracy— that old Republican party, with whom I stood side by side^.
during some of the darkest days of the Republic, in seasons of both
War and Peace.
Fellow Citizens of all parties ! The present situation of our coun-
try is one of unexampled distress and difficulty ; hut there is no oo*
600 tnUGBBl AF BMMKf CLAT.
casion for anj despondencj. A kind and bountifbl Prorideiioe kii
neyer deaerted ui — ^punifhed ut he, perhapsi haS| for our neglect of
his blessing! and our misdeeds. We have a varied and fertile soil,
a genial climate and free institutiotts. Our whole land is covered, in
profusioui with the means of subsistence and the comforts of life.
Our gallant Ship, it is unfortunately true, lies helpless, tossed on a
tempestous sea, amid the conflicting billows of contending 4)arties,
without a rudder and without a faithful pilot But in that Ship is our
whole people, bj whatever political denomination they are known.
If she goes down, we all go down together. Let us remember the
dying words of the gallant and lamented Liawrence. ^' DoD^t giTe op
the Ship.'* The glorious Banner of our country, with its unstained
Stars and Stripes, still proudly floats at its masthead. With stoirt
hearts and strong arms we can surmount all our difficulties. Let «
all — all — ^rally round that Banner and firmly resolve to perpetuate
our liberties and regain oor lost prosperity.
Whigs ! Arouse firom the ignoble supineness which encompasses
you — awake from the lethargy ii which you lie bounds-cast froHi
you that unworthy apathy which seems to make you indiflerent to
the &te of your country — Arouse, awake, shake off the daw drops
that glitter on your garments, and once mon march to Battle and la
Vklory.
ON REPLY TO MR. MENDENHALL.
At Richmond, Indiana, Octobcr 1, 1842
I HOP! that Mr. Mendenhall may be treated with the greatest lor*
bearance and respect. I assure my fellow citizens here collected that
the presentation of the petition has not occas^ioncd the slightest paia^
WK excited one solitary disagreeable emotion. If it were to be pre-
•ented to me, I prefer that it should be done in the face of this yast
assemblage. I think I can give it such an answer as becomes me and
the subject of which it treats. At all events, I entreat and beseech
my feiiow citisens, for their sake, for my country's sake, for my sake,
to oflfer no disrespect, no indignity, no violence, in word or deed, to
Mr. Mendenhall.
I will now, sir, make to you and to this petition such a response
aa becomes me. Allow me to say that 1 think you have not con*
focmed to the independent character of an American citizen in pr»-
senting a petition to me. I am, like yourself, but a private citizen.
A petition, as the term implies, generally proceeds from an inferior m
power or station to a superior ; but between us there is entire equali-
ty. And what arc the circumstances under which you have chosen
to ofier it ? 1 am a total stranger, passing through your State, on
mj way to its capital, in consequence of an invitation with which I
have been honored to visit it, to exchange friendly salutations with
inch of my fellow-citizens of Indiana as think proptT to meet me, and
to accept of their hospitality. Anxious as I am to see them, and to
Tiew parts of this State which I had never seen, I en me hero witk
h^talion and reluctance, because I apprehended that the motives of
09d fPBBCHn OP HKlfRT CLAT.
my journey might be misconceived and penrerted. But when the
ftilfilment of an old promise to visit Indianapolis was insisted upon, I
yielded to the solicitations of friends, and have presented myself
among you.
Such b the occasion which has been deliberately selected for ten-
dering this petition to me. I am advanced in years, and neither my«
•elf nor the place of my residence is altogether unknown to the world.
You might at any time within these last tweiity-five or thirty years
have presented your petition to me at Ashland. If you had gone
there for that purpose, you should have been received and treated
with perfect respect and liberal hospitality.
Now, Mr. Mendenhall, let us reverse conditions, and sappose that
you had been invited to Kentucky to partake of its hospitality ; and
that, previous to your arrival, I had employed such means as I un-
derstand have been used to get up this petition to obtain the signa-
tures of citizens of that State to a petition to present to you to relin-
qiiist your &rm or other property, what would you have thought of
such a proceeding ? Would you have deemed it courteous and §/>
oofding to the rites of hospitality r
I know well, that you and those who think with you controvert
the legitimacy of slavery, and deny the right of property in slaves.
But the law of my State and other States has otherwise ordained.
The law may be wrong in your opinion, and ought to be repealed ;
but then you and your associates are not the lawmakers for us, and
unless you can show some authority to nullify our laws we must
continue to respect them. Until the law is repealed, we must be
excused for asserting the rights — ay, the property in slaves which it
sanctions, authorizes, and vindicates.
And who are the petitioners whose organ you assume to be ? I
have no doubt that many of them are worthy, amiable end humane
persons, who, by erroneous representations, have been induced incon-
siderately to affix their signatures to this petition, and that they will
deeply regret it. Others, and not a few, I am told, are free blacks,
men, women and children, who have been artfully deceived and im-
posed upon. A very large portion, 1 have been credibly informed,
are the political opponents of the party to which I belong — Demo-
ON REPLY TO MR. MBHDBRHALL. 69S
cntii, as thej most undeservedly call themselves, who have eagerlj
seised this opportunity to wound, as they imagine, my feelings, and
to aid the cause to which they are attached. In other quarters
of the Union, Democrats claim to be the exclusive champions of
Southern interests, the only safe defenders of the rights in slare pro-
perty, and unjustly accuse us Whigs with abolition designs wholly
incompatible with its security. What ought those distant Demo-
crats to think of the course of their friends here who have united io
this petition ?
And what is the foundation of this appeal to me in Indiana to Iib(>
rate the slaves under my care in Kentucky ? It is a general decla*
ration in the act announcing to the world the independence of the
thirteen American Colonies, that all men are created equal. Now,
m an abstract principle, there is no doubt of the truth of that decla-
ration ;and it isdesirable, in the original construction of society, and
in Organized societies, to keep it in view as a great fundamental prin-
ciple. Bat, then, I apprehend that in no society that ever did exist,
or ever shall be formed, was or can the equality asserted among the
njembers of the human race, be practically enforced and carried oat*
There are portions of it, large portions, women, minors, insane, cul-
prits, transient sojourners, that will always probably remain subject
to the goveTDment of another portion of the conmiunity.
That declaration, whatever may be the extent of its import, wis
made by the delegations of the thirteen States. In most of them
slavery existed, and had long existed, and was established by ]aw«
It was introduced and forced upon the Colonies by the paramount
law of England. Do you believe that, in making that declaration,
the States that concurred in it intended that it should be tortured
into a virtual emancipation of all the slaves within their respective
limits ? Would Virginia and the other Southern States have ever
united in a declaration which was to be interpreted into an abolition
of slavery among them ? Did any one of the thirteen States enter-
tain such a design or expectation ? To impute such a secret and
unavowed purpose would be to charge a political fraud upon the
noblest hand of patriots that ever assembled in council — a fraud upon
the confederacy of the Revolution — a fraud upon the Union of those
States, whose constitution not only recognized the lawfulness of
ilivefy'^bat permitted the importation of slaves from Africa until the
5M SPBtCBBi OF BKIfBT CLAT.
year 1808. And I am bold to say that, if the doctrinei of ultra
litkal abolitionists had been seriously promulgated at the epoch of
our Revolution, our glorious Independeiice would never have beeo
achieved — ^never, never.
1 know the predominant sentiment in the Free St|ktes is adverse to
slavery ; but, happy in their own exemption from whatever evils
may attend it, the great mass of our fellow citizens there do not seek
to violate the Constitution or to disturb the harmony of these States.
I desire no concealment of my opinions in regard to the institution of
slavery. I look upon it as a great evil, and deeply lament that we
have derived it from the parental Government, and from our anoea*
tors. I wish every slave in the United States was in the country of
Ua ancestors. But here they are, and the question is how they can
be best dealt with ? If a state of nature existed, and we were ahoul
to lay the foundations of society, no man would be more atrongly op-
posed than I should be to incorporate the institution of slavery among
its elements. But there is an incalculable difference between the
original formation of society and a long existing organized society,
with its ancient laws, institutions, and establishments. Now, great
aa 1 acknowledge, in my opinion, the evils of slavery are, they are
nothing, absolutely nothing in comparison with the far greater evils
which would inevitably flow from a sudden, general, and indiscnmi-
nate emancipation. In some of the States the number of slaves ap-
proximates towards an equality with that of the whites ; in one or
two they surpass them. What would be the condition of the two
races in those States upon the supposition of an immediate emanci-
pation ? Does any man suppose that they would become blended
into one homogeneous mass r Does any man recommend amalgama-
tion— that revolting admixture, alike offensive to God and man ; for
those whom He, by their pbysical properties, has made unlike and
put asunder, we may, \i ithout presumptuousness, suppose were never
intended to be joined together in one of the holiest rites. And let
me tell you, sir, if you do not already know it, that such are the
feelings — prejudice, if you please, (and what man claiming to be a
statesman will overlook or disregard the deep-seated and unconquer-
able prejudicrs of the People) — in the slave States that no human
law would enforce a union between the two races.
What then would certainly happen ? A struggle for
19 ITfePLT TO MR. BnilI>GNHAU.. b96
eendeocy ; the blacks seeking to acquire, and the whites to maintain
IKWsession of the Groyernment. Upon the supposition of a general
inunediate emancipation in those States where the blacks outnumber
tlie whites, they would have nothing to do but to insist upon another
part of the same Declaration of Independence, as Dorr and his de-
luded democratic followers recently- did in Rhode Island ; according
lo which an undefined majority have the tight, at their pleasure, lo ^
subvert an existing Government and institute a new one in its place,
and then the whites would be brought in complete subjection to the
blacks ! A contest would inevitably ensue between the two races-^
civil war, carnage, pillage, 'conflagration, devastation, and the ulti-
mate extermination or expulsion of the blacks. Nothing is more cer-
tain. And are not these evils far greater than the mild and continu-
ally improving state of slavery which exists in this country ? 1 saj
continually improving ; for if this gratifying progress in the amdiora^*
tion of the condition of the slaves has been checked in some of thd
States, the responsibility most attach to the unfortunate agitation of
the subject of abolition In consequence of it, increased rigor in the
police and further restraints have been imposed ; and I do believi
that gradual emancipation (the only method of liberation that hei
ever been thought safe or wise by any body in any of the slave States)
has been postponed half a century.
Without any knowledge of the relation in which I stand to my
daves, or their individual condition, you, Mr. Mendenhall, and your
associates, who have been active in getting up this petition, call upon*
me forthwith to liberate the whole of them. ""Now let me tell you
that some half a dozen of them, from age, decreptitude, or infirmity,
are wholly unable to gain a livelihood for themselves, and are a heavy
charge upon me. Do you think that I should conform to the dictates
of hunaanity by ridding myself of that charge, and sending them forth
into the world, with the boon of liberty, to end a wretched existence
in starvation ? Another class is composed of helpless infants, with
or without improvident mothers. Do you believe, as a Christian,
that I should perform my duty towards them by abandoning them to
their fate ? Then there is another class who would not accept their
freedom if I would give it to them. 1 have for many years owned m
slave that I wished would leave me, but he will not. What shall I
do with thai class. ?
i
696 tPBlCHIt OP HKVRT CLAY.
What my ireatmeDt of mj elaves is you may learn fix>in Charka,
who accompanies me on this journey, and who has travelled with oat
over the greater part of the United States, and in both the Canadaa,
and has had a thousand opportunities, if he had chosen to em bract
them, to leave me. Excuse me, Mr. Mendenhall, for saying that
my slaves are as well fed and clad, look as sleek and hearty, and are
quite as civil and respectful in their demeanor, and as little disposed
to wound the feelings of any one^ as you are.
Let me recommend you, sir, to imitate the benevolent example of
tb^ Society of Friends, in the midst of which you reside. Meek,
gentle, imbued with, the genuine spirit of our benign religion, ^rhik
in principle they are firmly opposed to slavery, they do not seek to
fccomplish its extinction by foul epithets, coarse and vulgar abuse,
and gross calumny. Their ways do not lead through blood, revoln*
tion and disunion. Their broad and comprehensive philanthropy em-
braces, as they believe, the good and the happiness of the white as
well as the black race ; giving to the one their commiseration, to the
pther their kindest sympathy. Their instruments are not those of
detraction and of war, but of peace, persuasion and earnest appeab
to the charities of the human heart. Unambitious, they have do
political objects or purposes to subserve. My intercourse with them
throughout life has been considerable, inlerestins:, and agreeable:
and I venture to say nothing could have induced them as a society,
whatever a few individuals might have been tempted to do, to seize
the occasion of my casual passage through this State to offer me a
personal indignity
I respect the motives of rational abolitionists, who are actuated by
a sentiment of devotion to human liberty, although I deplore and
deprecate the consequences of the agitation of the question. 1 have
even many friends among them. But they are not monomaniacs,
who, surrendering themselves to a single idea, look altogether to the
black side of human life. They do not believe that the sum total of
all our efibrts and all our solicitude should be abolition. Thev be-
lieve that there are duties to perform towards the white man as well
as the black. They want good government, good administration,
and the general prosperity of their country.
I shall, Mr. Mendenhall, take your petition into respectful and
m REPLY TO MR. MEirDBVBALL.
697
deliberate consideration ; but before I come to a final decision, I
should like to know what you and your associates are willing to do
for the slaves in my possession ; if I should think proper to liberate
them. I own about fifty, who are probably worth fifteen thousand
dollars. To turn them loose upon society without any means of sub-
sistence or support would be an act of cruelty. Are you willing to
raise and secure the payment of fifteen thousand dollars for their
benefit, if I should be induced to free them ? The security of the
payment of that sum would materially lessen the obstacle in the way
of their emancipation.
And now Mr. Mendenhall, I must take respectful leave of you.
We separate, as we have met, with no unkind feelings, no excited
anger or dissatisfaction on my part, whatever may have been your
motives, and these I refer to our common Judge above, to whom we
are both responsible. Go home, and mind your own business, and
leave other people to take care of theirs. Limit your benevolent
exertions to your own neighborhood. Within that circle you will .
find ample scope for the exercise of all your charities. Dry up the
tears of the afflicted widows around you, console and comfort the
helpless orphan, clothe the naked, and feed and help the poor, black
and white, who need succor. And you will be a better and wiser
man than you have this day shown yourself.
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