CHAPTER LXXX.

NATIONAL BANK: FIRST BILL.

This was the great measure of the session, and the great object of

the whig party, and the one without which all other measures would

be deemed to be incomplete, and the victorious election itself

little better than a defeat. Though kept out of view as an issue

during the canvass, it was known to every member of the party to be

the alpha and omega of the contest, and the crowning consummation

of ten years labor in favor of a national bank. It was kept in the

background for a reason perfectly understood. Both General Harrison

and Mr. Tyler had been ultra against a national bank while members

of the democratic party: they had both, as members of the House of

Representatives voted in a small minority in favor of issuing a writ

of _scire facias_ against the late Bank of the United States soon

after it was chartered; and this could be quoted in the parts of

the country where a bank was unpopular. At the same time the party

was perfectly satisfied with their present sentiments, and wanted

no discussion which might scare off anti-bank men without doing

any good on their own side. The bank, then, was the great measure

of the session--the great cause of the called session--and as such

taken by Mr. Clay into his own care from the first day. He submitted

a schedule of measures for the consideration of the body, and for

acting on which he said it might be understood the extraordinary

session was convoked; he moved for a select committee to report a

bill, of which committee he was of course to be chairman: and he

moved a call upon the Secretary of the Treasury (Mr. Ewing) for

the plan of a bank. It was furnished accordingly, and studiously

contrived so as to avoid the President's objections, and save his

consistency--a point upon which he was exceedingly sensitive.

The bill of the select committee was modelled upon it. Even the

title was made ridiculous to please the President, though not as

much so as he wished. He objected to the name of bank, either in

the title or the body of the charter, and proposed to style it

"The Fiscal Institute;" and afterwards the "Fiscal Agent;" and

finally the "Fiscal Corporation." Mr. Clay and his friends could

not stand these titles; but finding the President tenacious on the

title of the bill, and having all the properties of all sorts of

banks--discount--deposit--circulation--exchange--all in the plan so

studiously contrived, they yielded to the word Fiscal--rejecting

each of its proposed addenda--and substituted bank. The title of the

instrument then ran thus: "A Bill to incorporate the subscribers

to the Fiscal Bank of the United States." Thus entitled, and thus

arranged out of doors, it was brought into the Senate, not to be

perfected by the collective legislative wisdom of the body, but to

be carried through the forms of legislation, without alteration

except from its friends, and made into law. The deliberative power

of the body had nothing to do with it. Registration of what had been

agreed upon was its only office. The democratic members resisted

strenuously in order to make the measure odious. Successful

resistance was impossible, and a repeal of the act at a subsequent

Congress was the only hope--a veto not being then dreamed of.

Repeal, therefore, was taken as the watchword, and formal notice of

it proclaimed in successive speeches, that all subscribers to the

bank should be warned in time, and deprived of the plea of innocence

when the repeal should be moved. Mr. Allen, of Ohio, besides an

argument in favor of the right of this repeal, produced a resolve

from the House Journal of 1819, in which General Harrison, then

a member of that body, voted with others for a resolve directing

the Judiciary Committee to report a bill to repeal the then

United States Bank charter--not to inquire into the expediency of

repealing, but to repeal absolutely.

The bill was passed through both Houses--in the Senate by a close

vote, 26 to 23--in the House by a better majority, 128 to 98.

This was the sixth of August. All was considered finished by the

democracy, and a future repeal their only alternative. Suddenly

light began to dawn upon them. Rumors came that President Tyler

would disapprove the act; which, in fact he did: but with such

expressions of readiness to approve another bill which should be

free from the objections which he named, as still to keep his party

together, and to prevent the explosion of his cabinet. But it made

an explosion elsewhere. Mr. Clay was not of a temper to be balked

in a measure so dear to his heart without giving expression to his

dissatisfaction; and did so in the debate on the veto message; and

in terms to assert that Mr. Tyler had violated his faith to the whig

party, and had been led off from them by new associations. He said:

"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 wrapt in gloom, every heart filled

with sorrow and sadness, every eye streaming with tears, and

the surrounding hills yet flinging back the echo of the bells

which were tolled on that melancholy occasion. On entering

the Presidential mansion he contemplated 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 gratitude--above all, of

gratitude to that country by a majority of whose suffrages,

bestowed at the preceding November, he then stood the most

distinguished, 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, voluntary 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 his exalted station. It

was emphatically a whig address from beginning 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 present bill, held the following conclusive and

emphatic language: 'I shall promptly give my sanction to any

constitutional measure which, originating in Congress, shall

have for its object the restoration of a sound circulating

medium, so essentially necessary to give confidence in all

the transactions of life, to secure to industry its just and

adequate rewards, and to re-establish the public prosperity.

In deciding upon the adaptation of any such measure to the end

proposed, as well as its conformity to the Constitution, I shall

resort to the fathers of the great republican school for advice

and instruction, to be drawn from their sage views of our system

of government, and the light of their ever glorious example.'

"To this clause in the address of the President, I believe but

one interpretation was given throughout this whole country,

by friend 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 regard 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 contemporaneous

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 certain 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 qualification, 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 constitution), Jefferson, Monroe, Gerry, Gallatin, and the

long list of Republicans who acted with them, not to be regarded

as among those fathers? But President Tyler declares not only

that he should appeal to them for advice and instruction, but

to the light of their ever glorious example. What example? What

other meaning could have been possibly applied to the phrase,

than that he intended to refer to what had been done during the

administrations 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 prominent measures, and especially a Bank of the United

States, by far that one of the greatest immediate importance.

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 and intimately known,

and highly esteemed. It will not be my fault if our amicable

relations should unhappily cease, in consequence of any

difference of opinion between us on this occasion. The President

has been always perfectly familiar with my opinion on this bank

question.

"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 misunderstood in his address, and that he had not waived

but adhered to his constitutional 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 influence of that spirit, the Senate and the House

agreed, 1st, as to the name of the proposed bank. I confess,

sir, that there was something exceedingly _outré_ and revolting

to my ears in the 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 the contemplated

institution, we consented to that which was proposed."

In his veto message Mr. Tyler fell back upon his early opinions

against the constitutionality of a national bank, so often and

so publicly expressed; and recurring to these early opinions he

now declared that it would be a crime and an infamy in him to sign

the bill which had been presented to him. In this sense he thus

expressed himself:

"Entertaining the opinions alluded to, and having taken this

oath, the Senate and the country will see that I could not give

my sanction to a measure of the character described without

surrendering 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; without an

observance of which no government can be prosperous, and no

people can be happy. It would be to commit a _crime_ which I

would not wilfully commit to gain any earthly reward, and which

would _justly_ subject me to the ridicule and scorn of all

virtuous men."

Mr. Clay found these expressions of self-condemnation entirely too

strong, showing too much sensibility in a President to personal

considerations--laying too much stress upon early opinions--ignoring

too completely later opinions--and not sufficiently deferring to

those fathers of the government to whom, in his inaugural address,

he had promised to look for advice and instruction, both as to the

constitutionality of a bank, and its adaptation to the public wants.

And he thus animadverted on the passage:

"I must think, and hope I may be allowed to say, with profound

deference to the Chief Magistrate, that it appears to me he has

viewed with too lively sensibility the personal consequences

to himself of his approval of the bill; and that, surrendering

himself to a vivid imagination, he has depicted them 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 his private

judgment to the concurring authority of numerous decisions,

repeatedly and deliberately pronounced, after the lapse of

long intervals, by all the departments of government, and by

all parties, incurs the dreadful penalties described by the

President? Can any man be disgraced and dishonored who yields

his private opinion to the judgment of the nation? In this case,

the country (I mean a majority), Congress, and, according to

common fame, an 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 opinion, 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, whilst 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

opinions 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 patriotism, intelligence, and wisdom

in public councils, stand unsurpassed? He was a member of the

national convention that formed, and of the Virginia convention

that adopted the constitution. No man understood it better

than he did. He was opposed in 1791 to the establishment 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 rejection of the bill. Thus stood James Madison when,

in 1815, he applied the veto to a bill to charter a bank upon

considerations of expediency, 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 applicable 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 gifted James Madison, by his sanction and

signature to the charter of the late Bank of the United States,

commit a crime which justly subjected him 'to the ridicule and

scorn of all virtuous men?'"

But in view of these strong personal consequences to his (Mr.

Tyler's) own character in the event of signing the bill, Mr.

Clay pointed out a course which the President might have taken

which would have saved his consistency--conformed to the

constitution--fulfilled his obligations to the party that elected

him--and permitted the establishment of that sound currency, and

that relief from the public distress, which his inaugural address,

and his message to Congress, and his veto message, all so earnestly

declared to be necessary. It was to have let the bill lie in his

hands without approval or disapproval: in which case it would have

become a law without any act of his. The constitution had made

provision for the case in that clause in which it declares that--"If

any bill shall not be returned by the President within ten days

(Sundays excepted) after it shall have been presented to him, the

same shall be a law, in like manner as if he had signed it, unless

the Congress by their adjournment prevent its return; in which case

it shall not be a law." In this case there was no danger of Congress

adjourning before the lapse of the ten days; and Mr. Clay adverted

to this course as the one, under his embarrassing circumstances the

President ought to have adopted, and saved both his consistency and

faith to his party. He urged it as a proper course--saying:

"And why should not President Tyler have suffered the bill

to become a law without his signature? Without 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 my personal friend), it cannot be

forgotten that he came into his present 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 probably ought to have done, and would have done, if they

could have looked into futurity. If the present state of the

fact could have been anticipated--if at Harrisburg, or at the

polls, it had been foreseen that General Harrison would die in

one short month after the commencement of his administration;

that Vice-President Tyler would be elevated to the presidential

chair; that a bill, passed by decisive majorities of the first

whig Congress, chartering a national bank, would be presented

for his sanction; and that he would veto the bill, do I hazard

any thing when I 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?"

Not having taken this course with the bill, Mr. Clay pointed out

a third one, suggested by the conduct of the President himself

under analogous circumstances, and which, while preserving his

self-respect, would accomplish all the objects in view by the

party which elected him, by simply removing the obstacle which

stood between them and the object of their hopes; it was to resign

the presidency. For this contingency--that of neither President

nor Vice-President--the constitution had also made provision in

declaring--"In case of the removal of the President from office,

or of his death, resignation, or inability to discharge the

powers and duties of the said office, the same shall devolve on

the Vice-President; and the Congress may by law provide for the

case of the removal, death, resignation, or inability both of the

President and Vice-President, declaring what officer shall then act

as President; and such officer shall act accordingly, until the

disability be removed, or a President shall be elected." Congress

had acted under this injunction and had devolved the duties of

President, first on the president of the Senate _pro tempore_; and

if no such temporary president, then on the speaker of the House

of Representatives; and requiring a new election to be held on the

first Wednesday of the ensuing December if there was time before it

for a notification of two months; and if not, then the new election

to take place (if the vacant term had not expired on the third day

of March after they happened) on the like Wednesday of the next

ensuing month of December. Here was provision made for the case, and

the new election might have been held in less than four months--the

temporary president of the Senate, Mr. Southard, acting as President

in the mean time. The legal path was then clear for Mr. Tyler's

resignation, and Mr. Clay thus enforced the propriety of that step

upon him:

"But, sir, there was still a third alternative, to which

I allude not because I mean to intimate that it should be

embraced, but because I am reminded of it by a memorable event

in the life of President Tyler. It will be recollected that,

after the Senate had passed the resolution declaring the removal

of the deposits from the Bank of the United States to have been

derogatory from the constitution 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 conform, and did not think it right

to go counter to the wishes of those who had placed him in the

Senate. If, when the people of Virginia, or the General Assembly

of Virginia, were his only constituency, 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? Is 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

question deeply agitated, and continues to agitate, the nation.

It is incontestable 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 recent decisions of the two Houses of Congress.

I speak of them as evidence of popular opinion. In the House of

Representatives, the majority 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 majority of 47. Is

it to be believed that this large majority of the immediate

representatives of the people, fresh from amongst them, and to

whom the President seemed inclined, in his opening message, to

refer this very question, have mistaken the wishes of their

constituents?"

The acting President did not feel it to be his duty to resign,

although it may be the judgment of history (after seeing the

expositions of his secretaries at the resignation of their places

consequent upon a second veto to a second bank act), that he ought

to have done so. In his veto message he seemed to leave the way

open for his approval of a charter free from the exceptions he had

taken; and rumor was positive in asserting that he was then engaged

in arranging with some friends the details of a bill which he could

approve. In allusion to this rumor, Mr. Clay remarked:

"On a former occasion I stated that, in the event of an

unfortunate difference of opinion between the legislative

and executive departments, the point of difference might be

developed, and it would be then seen whether they 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

exhibition of his views. It is sufficiently manifest that he

is decidedly opposed to the establishment of a new Bank of the

United States formed after 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 be collected from

the message, with the aid of information derived 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 deposits, and to the supply of a circulation,

excluding the power of discounting promissory notes. And I

understand that some of our friends are now considering the

practicability of arranging and passing a bill in conformity

with the views of President Tyler. Whilst 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 matured 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 government. An executive

veto of a Bank of the United States, after the sad experience

of late years, is an event which was not anticipated by the

political friends of the President; certainly not by me. But it

has come upon us with tremendous weight, and amidst the greatest

excitement within and without the metropolis. The question now

is, what shall be done? What, under this most embarrassing and

unexpected 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 afford any remedy to

existing evils, and secure the President's approbation, let

the project of such a bank be presented. It shall encounter no

opposition, if it should receive no support, from me."

The speech of Mr. Clay brought out Mr. Rives in defence of the

President, who commenced with saying:

"He came to the Senate that morning to give a silent vote on

the bill, and he should have contented himself with doing so

but for the observations which had fallen from the senator from

Kentucky in respect to the conduct of the President of the

United States. Mr. R. had hoped the senator would have confined

himself strictly to the merits of the question before the

Senate. He told us, said Mr. R., that the question was this: the

President having returned the bill for a fiscal bank with his

exceptions thereto, the bill was such an one as ought to pass by

the constitutional majority of two-thirds; and thus become a law

of the land. Now what was the real issue before the Senate? Was

it not the naked question between the bill and the objections

to it, as compared with each other? I really had hoped that the

honorable senator, after announcing to us the issue in this

very proper manner, would have confined his observations to

it alone; and if he had done so I should not have troubled the

Senate with a single word. But what has been the course of the

honorable senator? I do not reproach him with it. He, no doubt,

felt it necessary, in order to vindicate his own position before

the country, to inculpate the course taken by the President: and

accordingly about two-thirds of his speech, howsoever qualified

by expressions of personal kindness and respect, were taken up

in a solemn arraignment of the President of the United States.

Most of the allegations put forth by the senator seem to arrange

themselves under the general charge of perfidy--of faithlessness

to his party, and to the people."

Mr. Rives went on to defend the President at all points, declaring

the question of a bank was not an issue in the election--repelling

the imputation of perfidy--scouting the suggestions of resignation

and of pocketing the bill to let it become law--arguing that

General Harrison himself would have disapproved the same bill

if he had lived and it had been presented to him. In support

of this opinion he referred to the General's early opposition

to the national bank of 1816, and to his written answer given

during the canvass--"that he would not give his sanction to a

Bank of the United States, unless by the failure of all other

expedients, it should be demonstrated to be necessary to carry on

the operations of government; and unless there should be a general

and unequivocal manifestation of the will of the Union in favor

of such an institution; and then only as a fiscal, and not as a

commercial bank." But this authentic declaration seemed to prove

the contrary of that for which it was quoted. It contained two

conditions, on the happening of which General Harrison would sign

a bank charter--first, the failure of all other plans for carrying

on the financial operations of the government; and, secondly, the

manifestation of public opinion in favor of it. That the first

of these conditions had been fulfilled was well shown by Mr.

Rives himself in the concluding passages of his speech where he

said: "All previous systems have been rejected and condemned--the

sub-treasury--the pet banks--an old-fashioned Bank of the United

States--a new-fashioned fiscal agent." The second condition was

fulfilled in the presidential election in the success of the whig

party, whose first object was a bank; and in the election of members

of the House and the Senate, where the majorities were in favor of a

bank. The conditions were fulfilled then on which General Harrison

was to approve a bank charter; and the writer of this View has no

doubt that he would have given his signature to a usual bank charter

if he had lived; and from an obligatory sense of duty, and with no

more dishonor than Mr. Madison had incurred in signing the act for

the second bank charter after having been the great opponent of

the first one; and for which signing, as for no act of his life,

was dishonor imputed to him. The writer of this View believes that

General Harrison would have signed a fair bank charter, and under

its proper name; and he believes it, not from words spoken between

them, but from public manifestations, seen by every body. 1. His

own declaration, stating the conditions on which he would do it;

and which conditions were fulfilled. 2. The fact that he was the

presidential candidate of the party which was emphatically the bank

party. 3. The selection of his cabinet, every member of which was

in favor of a national bank. 4. The declaration of Mr. Clay at the

head of the list of measures proposed by him for the consideration

of Congress at its extra session, in which a national bank was

included; and which measures he stated were probably those for which

the extraordinary session had been convened by President Harrison--a

point on which Mr. Clay must be admitted to be well informed, for he

was the well reputed adviser of President Harrison on the occasion.

Mr. Clay rejoined to Mr. Rives, and became more close and pointed

in his personal remarks upon Mr. Tyler's conduct, commencing with

Mr. Rives' lodgment in the "half-way house," _i.e._ the pet bank

system--which was supposed to have been a camping station in the

transition from the democratic to the whig camp. He began thus:

"I have no desire, said he, to prolong this unpleasant

discussion, but I must say that I heard with great surprise

and regret the closing remark, especially, of the honorable

gentleman from Virginia, as, indeed, I did many of those which

preceded it. That gentleman stands in a peculiar 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 somewhere 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 abandoned--the United States Bank bill is vetoed--and

now, when there is as complete and perfect a reunion of the

purse and the sword in the hands of the executive as ever there

was under General Jackson or Mr. Van Buren, the senator is for

doing nothing."

There was a whisper at this time that Mr. Tyler had an inner circle

of advisers, some democratic and some whig, and most of whom had

sojourned in the "half-way house," and who were more confidential

and influential with the President than the members of his cabinet.

To this Mr. Clay caustically adverted.

"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

privy council. 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 I persuade

myself, that the honorable senator is not, cannot be, one of the

component members of such a cabal; but I must say that there has

been displayed by the honorable senator to-day a predisposition,

astonishing 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 misrepresenting--the whole spirit and character of

the address which, as a man of honor and as a senator, I felt

myself bound in duty to make to this body."

There was also a rumor of a design to make a third party, of which

Mr. Tyler was to be the head; and, as part of the scheme, to make a

quarrel between Mr. Tyler and Mr. Clay, in which Mr. Clay was to be

made the aggressor; and he brought this rumor to the notice of Mr.

Rives, repelling the part which inculpated himself, and leaving the

rest for Mr. Rives to answer.

"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 perfect harmony, undivided,

and shall move undismayed, boldly, and unitedly forward to the

accomplishment 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 individuals to place me in inimical relations with

the President, and to represent me as personally opposed to him,

I can well imagine--individuals 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 individuals, though I do not charge

the senator as being himself one of them. What a spectacle has

been presented to this nation during this entire session of

Congress! That of 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,

determined, uncompromising opponents of every leading measure

of John Tyler'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 long, and

cherished towards him too sincere a friendship, to allow my

feelings to be affected or alienated by any thing which has

passed here to-day. If the President chooses--which I am sure

he cannot, unless falsehood has been whispered into his ears or

poison poured into his heart--to detach himself from me, I shall

deeply regret it, for the sake of our common friendship and our

common country. I now repeat, what I before said, that, of all

the measures of relief which the American people have called

upon us for, that of a National Bank and a sound and uniform

currency has been the most loudly and importunately demanded."

Mr. Clay reiterated his assertion that bank, or no bank, was the

great issue of the presidential canvass wherever he was, let what

else might have been the issue in Virginia, where Mr. Rives led for

General Harrison.

"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, I will not say;

probably 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 particular party in Virginia are always a

fair exponent of the sentiments of the whole Union. I can tell

the 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."

In conclusion, Mr Clay apostrophized himself in a powerful

peroration as not having moral courage enough (though he claimed as

much as fell to the share of most men) to make himself an obstacle

to the success of a great measure for the public good; in which the

allusion to Mr. Tyler and his veto was too palpable to miss the

apprehension of any person.

"The senator says that, if placed in like circumstances, 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 all 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 swayed by opposition,

or awed or intimidated by menace--a stout 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 there

is a sort of courage which, I frankly confess it, I do not

possess--a boldness to which I dare not aspire--a valor which

I cannot covet. I cannot lay myself down in the way of the

welfare and happiness of my country. That I cannot, I have not

the courage to do. I cannot interpose the power with which I may

be invested--a power conferred not for my personal benefit, not

for my aggrandizement, but for my country's good--to check her

onward march to greatness and glory. I 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 private conduct and personal relations.

Personal or private courage is totally distinct from that higher

and nobler courage, which prompts the patriot to offer himself

a voluntary sacrifice to his country's good. 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, so unamiable and offensive in private

life, are vices which partake of the character of crimes in

the conduct of public affairs. 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 country, and concentrated on his consistency,

his firmness, himself. The high, the exalted, the sublime

emotions of a patriotism, which, soaring towards Heaven, rises

far above all mean, low, or selfish things, and is absorbed

by one soul-transporting thought of the good and the glory of

one's country, are never felt in his impenetrable bosom. That

patriotism which, catching its inspiration from the immortal

God, and leaving at an immeasurable distance below, all lesser,

grovelling, personal interests and feelings, animates and

prompts to deeds of self-sacrifice, of valor, of devotion, and

of death itself--that is public virtue--that is the noblest, the

sublimest of all public virtues!"

Mr. Rives replied to Mr. Clay, and with respect to the imputed

cabal, the privy council, and his own zealous defence of Mr. Tyler,

said:

"The senator has indulged his fancy in regard to a certain

cabal, which he says it is alleged by rumor (an authority he

seems prone to quote of late) has been formed for the wicked

purpose of breaking up the regular cabinet, and dissolving the

whig party. Though the senator is pleased to acquit me of being

a member of the supposed cabal, he says he should infer, from

the zeal and promptitude with which I have come forward to

defend the motives and conduct of the President, that I was at

least a member of his privy council! I thank God, Mr. President,

that in his gracious goodness he has been pleased to give me a

heart to repel injustice and to defend the innocent, without

being laid under any special engagement, as a privy councillor

or otherwise, to do justice to my fellow-man; and if there be

any gentleman who cannot find in the consciousness of his own

bosom a satisfactory explanation of so natural an impulse, I,

for one, envy him neither his temperament nor his philosophy. If

Mr. Tyler, instead of being a distinguished citizen of my own

State, and filling at this moment, a station of the most painful

responsibility, which entitles him to a candid interpretation of

his official acts at the hands of all his countrymen, had been

a total stranger, unknown to me in the relations of private or

political friendship, I should yet have felt myself irresistibly

impelled by the common sympathies of humanity to undertake his

defence, to the best of my poor ability, when I have seen him

this day so powerfully assailed for an act, as I verily believe,

of conscientious devotion to the constitution of his country and

the sacred obligation of his high trust."

With respect to the half-way house, Mr. Rives admitted his sojourn

there, and claimed a sometime companionship in it with the senator

from Kentucky, just escaped from the lordly mansion, gaudy without,

but rotten and rat-eaten within (the Bank of the United States);

and glad to shelter in this humble but comfortable stopping place.

"The senator from Kentucky says he found me several years ago

in this half-way house, which, after the thorough riddling the

roof had received in the breaking up of the pet bank system, he

had supposed I would have abandoned. How could I find it in my

heart, Mr. President, to abandon it when I found the honorable

senator from Kentucky (even after what he calls the riddling of

the roof) so anxious to take refuge in it from the ruins of his

own condemned and repudiated system, and where he actually took

refuge for four long years, as I have already stated. When I

first had the honor to meet the honorable senator in this body,

I found him not occupying the humble but comfortable half-way

house, which has given him shelter from the storm for the last

four years, but a more lordly mansion, gaudy to look upon, but

altogether unsafe to inhabit; old, decayed, rat-eaten, which has

since tumbled to the ground with its own rottenness, devoted to

destruction alike by the indignation of man and the wrath of

heaven. Yet the honorable senator, unmindful of the past, and

heedless of the warnings of the present, which are still ringing

in his ears, will hear of nothing but the instant reconstruction

of this devoted edifice."

Mr. Rives returned to the imputed cabal, washed his hands of it

entirely, and abjured all desire for a cabinet office, or any public

station, except a seat in the Senate: thus:

"I owe it to myself, Mr. President, before I close, to say one

or two words in regard to this gorgon of a cabal, which the

senator tells us, upon the authority of dame Rumor, has been

formed to break up the cabinet, to dissolve the whig party, and

to form a new or third party. Although the senator was pleased

to acquit me of being a member of this supposed cabal, he yet

seemed to have some lurking jealousies and suspicions in his

mind on the subject. I will tell the honorable senator, then,

that I know of no such cabal, and I should really think that

I was the last man that ought to be suspected of any wish or

design to form a new or third party. I have shown myself at all

times restive under mere party influence and control from any

quarter. All party, in my humble judgment, tends, in its modern

degeneracy, to tyranny, and is attended with serious hazard of

sacrificing an honest sense of duty, and the great interests

of the country, to an arbitrary lead, directed by other aims.

I desire, therefore, to take upon myself no new party bonds,

while I am anxious to fulfil, to the fullest extent that a sense

of duty to the country will permit, every honorable engagement

implied in existing ones. In regard to the breaking up of the

cabinet, I had hoped that I was as far above the suspicion of

having any personal interest in such an event as any man. I

have never sought office, but have often declined it; and will

now give the honorable senator from Kentucky a full quit-claim

and release of all cabinet pretensions now and for ever. He may

rest satisfied that he will never see me in any cabinet, under

this or any other administration. During the brief remnant of my

public life, the measure of my ambition will be filled by the

humble, but honest part I may be permitted to take on this floor

in consultations for the common good."

Mr. Rives finished with informing Mr. Clay of a rumor which he had

heard--the rumor of a dictatorship installed in the capitol, seeking

to govern the country, and to intimidate the President, and to bend

every thing to its own will, thus:

"Having disposed of this rumor of a cabal, to the satisfaction,

I trust, of the honorable senator, I will tell him of another

rumor I have heard, which, I trust, may be equally destitute

of foundation. Rumor is busy in alleging that there is an

organized dictatorship, in permanent session in this capitol,

seeking to control the whole action of the government, in both

the legislative and executive branches, and sending deputation

after deputation to the President of the United States to teach

him his duty, and bring him to terms. I do not vouch for the

correctness of this rumor. I humbly hope it may not be true; but

if it should unfortunately be so, I will say that it is fraught

with far more danger to the regular and salutary action of our

balanced constitution, and to the liberties of the people, than

any secret cabal that ever has existed or ever will exist."

The allusion, of course, was to Mr. Clay, who promptly disavowed

all knowledge of this imputed dictatorship. In this interlude

between Mr. Clay and Mr. Rives, both members of the same party,

the democratic senators took no part; and the subject was dropped,

to be followed by a little conversational debate, of kindred

interest, growing out of it, between Mr. Archer of Virginia, and Mr.

Clay--which appears thus in the Register of Debates:

"Mr. ARCHER, in rising on the present occasion, did not intend

to enter into a discussion on the subject of the President's

message. He thought enough had been said on the subject by the

two senators who had preceded him, and was disposed, for his

part, to let the question be taken without any more debate. His

object in rising was to call the attention of the senator from

Kentucky to a certain portion of his remarks, in which he hoped

the senator, upon reflection, would see that the language used

by him had been too harsh. His honorable friend from Kentucky

had taken occasion to apply some very harsh observations to

the conduct of certain persons who he supposed had instigated

the President of the United States in the course he had taken

in regard to the bill for chartering the Fiscal Bank of the

United States. The honorable senator took occasion to disclaim

any allusion to his colleague [Mr. RIVES], and he would say

beforehand that he knew the honorable senator would except him

also.

"Mr. CLAY said, certainly, sir!"

This was not a parliamentary disclaimer, but a disclaimer from the

heart, and was all that Mr. Archer could ask on his own account; but

he was a man of generous spirit as well as of high sense of honor,

and taking up the case of his colleagues in the House, who seemed

to be implicated, and could not appear in the chamber and ask for

a disclaimer, Mr. Archer generously did so for them; but without

getting what he asked for. The Register says:

"Mr. _Archer_. He would say, however, that the remarks of the

senator, harsh as they were, might well be construed as having

allusion to his colleagues in the other House. He (Mr. A.)

discharged no more than the duty which he knew his honorable

colleagues in the other House would discharge towards him were

an offensive allusion supposed to be made to him where he could

not defend himself, to ask of the honorable senator to make some

disclaimer as regarded them.

"Mr. _Clay_ here said, no, no.

"Mr. ARCHER. The words of the senator were: 'A low, vulgar,

and profligate cabal;' which the senator also designated as

a kitchen cabinet, had surrounded the President, and were

endeavoring to turn out the present cabinet. Now, who would the

public suppose to be that low and infamous cabal? Would the

people of the United States suppose it to be composed of any

other than those who were sent here by the people to represent

them in Congress? He asked the senator from Kentucky to say, in

that spirit of candor and frankness which always characterized

him, who he meant by that cabal, and to disclaim any allusion

to his colleagues in the other House, as he had done for his

colleague and himself in this body.

"Mr. CLAY said, if the honorable senator would make an inquiry

of him, and stop at the inquiry, without going on to make an

argument, he would answer him. He had said this and he would

repeat it, and make no disclaimer--that certain gentlemen,

professing to be the friends, _par excellence_, of the President

of the United States, had put themselves in opposition to all

the leading measures of his administration. He said that rumor

stated that a cabal was formed, for the purpose of breaking down

the present cabinet and forming a new one; and that that cabal

did not amount to enough to make a corporal's guard. He did not

say who they were; but he spoke of rumor only. Now, he would ask

his friend from Virginia [Mr. ARCHER] if he never heard of that

rumor? If the gentleman would tell him that he never heard of

that rumor, it would give him some claims to an answer.

"Mr. ARCHER confessed that he had heard of such a rumor, but he

never heard of any evidence to support it.

"Mr. CLAY. I repeat it here, in the face of the country, that

there are persons who call themselves, _par excellence_, the

friends of John Tyler, and yet oppose all the leading measures

of the administration of John Tyler. I will say that the

gentleman himself is not of that cabal, and that his colleague

is not. Farther than that, this deponent saith not, and will not

say.

"Mr. ARCHER. The gentleman has not adverted to the extreme

harshness of the language he employed when he was first up,

and he would appeal to gentlemen present for the correctness

of the version he (Mr. A.) had given of it. The gentleman said

there was a cabal formed--a vile kitchen cabinet--low and

infamous, who surrounded the President and instigated him to

the course he had taken. That was the language employed by the

honorable senator. Now suppose language such as this had been

used in the other branch of the national legislature, which

might be supposed to refer to him (Mr. A.) where he had not

an opportunity of defending himself; what would be the course

of his colleagues there? The course of those high-minded and

honorable men there toward him, would be similar to that he had

taken in regard to them.

"Mr. CLAY. Mr. President, did I say one word about the

colleagues of the gentleman? I said there was a cabal formed for

the purpose of breaking down the present cabinet, and that that

cabal did not number a corporal's guard; but I did not say who

that cabal was, and do not mean to be interrogated. Any member

on this floor has a right to ask me if I alluded to him; but

nobody else has. I spoke of rumor only.

"Mr. ARCHER said a few words, but he was not heard distinctly

enough to be reported.

"Mr. CLAY. I said no such thing. I said there was a rumor--that

public fame had stated that there was a cabal formed for the

purpose of removing the cabinet, and I ask the gentleman if he

has not heard of that rumor?

"Mr. ARCHER, after some remarks too low to be heard in the

gallery, said it was not the words the gentleman had quoted

to which he referred. It was the remark of the gentleman that

there was a low and infamous cabal--a vile kitchen cabinet--and

the gentleman knew that to his view there could not be a more

odious phrase used than kitchen cabinet--and that it was these

expressions that he wished an explanation of.

"Mr. BERRIEN said it was the concurrent opinion of all the

senators around him, that the senator from Kentucky had spoken

of the cabal as a rumor, and as not coming within his own

knowledge. He hoped the senator would understand him in rising

to make this explanation.

"Mr. ARCHER said he was glad to hear the disclaimer made by the

gentleman from Georgia, and he would therefore sit down, under

the conviction that the gentleman from Kentucky had made no such

blow at his colleagues of the other House, as he had supposed."

Mr. Clay could not disclaim for the Virginia members of the

House--that is to say, for all those members. Rumor was too loud

with respect to some of them to allow him to do that. He rested upon

the rumor; and public opinion justified him in doing so. He named

no one, nor was it necessary. They soon named themselves by the

virulence with which they attacked him.

The vote was taken on the bill over again, as required by the

constitution, and so far from receiving a two-thirds vote, it barely

escaped defeat by a simple majority. The vote was 24 to 24; and the

yeas and nays were:

"YEAS--Messrs. Barrow, Bates, Bayard, Berrien, Choate, Clay

of Kentucky, Dixon, Evans, Graham, Henderson, Huntington,

Kerr, Mangum, Merrick, Miller, Morehead, Porter, Prentiss,

Preston, Simmons, Smith of Indiana, Southard, Tallmadge, White,

Woodbridge.

"NAYS--Messrs. Allen, Archer, Benton, Buchanan, Calhoun, Clay

of Alabama, Clayton, Cuthbert, Fulton, King, Linn, McRoberts,

Mouton, Nicholson, Pierce, Rives, Sevier, Sturgeon, Tappan,

Walker, Williams, Woodbury, Wright, Young."

The rejection of the bank bill gave great vexation to one side, and

equal exultation to the other. Hisses resounded from the galleries

of the Senate: the President was outraged in his house, in the

night, by the language and conduct of a disorderly crowd assembled

about it. Mr. Woodbury moved an inquiry into the extent of these two

disturbances, and their authors; and a committee was proposed to be

charged with the inquiry: but the perpetrators were found to be of

too low an order to be pursued, and the proceeding was dropped. Some

manifestations of joy or sorrow took place, however, by actors of

high order, and went into the parliamentary debates. Some senators

deemed it proper to make a complimentary visit to Mr. Tyler, on the

night of the reception of the veto message, and to manifest their

satisfaction at the service which he had rendered in arresting the

bank charter; and it so happened that this complimentary visit took

place on the same night on which the President's house had been

beset and outraged. It was doubtless a very consolatory compliment

to the President, then sorely assailed by his late whig friends;

and very proper on the part of those who paid it, though there were

senators who declined to join in it--among others, the writer of

this View, though sharing the exultation of his party. On the other

hand the chagrin of the whig party was profound, and especially that

of Mr. Clay, its chief--too frank and impetuous to restrain his

feelings, and often giving vent to them--generally bitterly, but

sometimes playfully. An occasion for a display of the latter kind

was found in the occasion of this complimentary visit of democratic

senators to the President, and in the offering of Mr. Woodbury's

resolution of inquiry into the disturbances; and he amusingly

availed himself of it in a brief speech, of which some extracts are

here given:

"An honorable senator from New Hampshire [Mr. WOODBURY] proposed

some days ago a resolution of inquiry into certain disturbances

which are said to have occurred at the presidential mansion on

the night of the memorable 16th of August last. If any such

proceedings did occur, they were certainly very wrong and highly

culpable. The chief magistrate, whoever he may be, should be

treated by every good citizen with all becoming respect, if not

for his personal character, on account of the exalted office

he holds for and from the people. And I will here say, that I

read with great pleasure the acts and resolutions of an early

meeting, promptly held by the orderly and respectable citizens

of this metropolis, in reference to, and in condemnation of,

those disturbances. But, if the resolution had been adopted, I

had intended to move for the appointment of a select committee,

and that the honorable senator from New Hampshire himself should

be placed at the head of it, with a majority of his friends. And

will tell you why, Mr. President. I did hear that about eight or

nine o'clock on that same night of the famous 16th of August,

there was an irruption on the President's house of the whole

loco foco party in Congress; and I did not know but that the

alleged disorders might have grown out of or had some connection

with that fact. I understand that the whole party were there.

No spectacle, I am sure, could have been more supremely

amusing and ridiculous. If I could have been in a position in

which, without being seen, I could have witnessed that most

extraordinary reunion, I should have had an enjoyment which no

dramatic performance could possibly communicate. I think that

I can now see the principal _dramatis personæ_ who figured in

the scene. There stood the grave and distinguished senator from

South Carolina--

["Mr. CALHOUN here instantly rose, and earnestly insisted on

explaining; but Mr. CLAY refused to be interrupted or to yield

the floor.]

"Mr. CLAY. There, I say, I can imagine stood the senator from

South Carolina--tall, careworn, with furrowed brow, haggard, and

intensely gazing, looking as if he were dissecting the last and

newest abstraction which sprung from metaphysician's brain, and

muttering to himself, in half-uttered sounds, 'This is indeed

a real crisis!' Then there was the senator from Alabama [Mr.

KING], standing upright and gracefully, as if he were ready to

settle in the most authoritative manner any question of order,

or of etiquette, that might possibly arise between the high

assembled parties on that new and unprecedented occasion. Not

far off stood the honorable senators from Arkansas and from

Missouri [Mr. SEVIER and Mr. BENTON], the latter looking at the

senator from South Carolina, with an indignant curl on his lip

and scorn in his eye, and pointing his finger with contempt

towards that senator [Mr. CALHOUN], whilst he said, or rather

seemed to say, 'He call himself a statesman! why, he has never

even produced a decent humbug!'

["Mr. BENTON. The senator from Missouri was not there."]

Mr. Clay had doubtless been informed that the senator from Missouri

was one of the senatorial procession that night, and the readiness

with which he gave his remarks an imaginative turn with respect to

him, and the facility with which he went on with his scene, were

instances of that versatility of genius, and presence of mind, of

which his parliamentary life was so full, and which generally gave

him the advantage in sharp encounters. Though refusing to permit

explanations from Mr. Calhoun, he readily accepted the correction

from Mr. Benton--(probably because neither Mr. Benton, nor his

immediate friends, were suspected of any attempt to alienate Mr.

Tyler from his whig friends)--and continued his remarks, with great

apparent good humor, and certainly to the amusement of all except

the immediate objects of his attention.

"Mr. CLAY. I stand corrected; I was only imagining what you

would have said if you had been there. Then there stood the

senator from Georgia [Mr. CUTHBERT], conning over in his mind

on what point he should make his next attack upon the senator

from Kentucky. On yonder ottoman reclined the other senator

from Missouri on my left [Mr. LINN], indulging, with smiles

on his face, in pleasing meditations on the rise, growth, and

future power of his new colony of Oregon. The honorable senator

from Pennsylvania [Mr. BUCHANAN], I presume, stood forward as

spokesman for his whole party; and, although I cannot pretend to

imitate his well-known eloquence, I beg leave to make an humble

essay towards what I presume to have been the kind of speech

delivered by him on that august occasion:

"May it please your Excellency: A number of your present

political friends, late your political opponents, in company

with myself, have come to deposit at your Excellency's feet the

evidences of our loyalty and devotion; and they have done me the

honor to make me the organ of their sentiments and feelings.

We are here more particularly to present to your Excellency

our grateful and most cordial congratulations on your rescue

of the country from a flagrant and alarming violation of the

constitution, by the creation of a Bank of the United States;

and also our profound acknowledgments for the veto, by which

you have illustrated the wisdom of your administration, and so

greatly honored yourself. And we would dwell particularly on

the unanswerable reasons and cogent arguments with which the

notification of the act to the legislature had been accompanied.

We had been, ourselves, struggling for days and weeks to arrest

the passage of the bill, and to prevent the creation of the

monster to which it gives birth. We had expended all our logic,

exerted all our ability, employed all our eloquence; but in

spite of all our utmost efforts, the friends of your Excellency

in the Senate and House of Representatives proved too strong for

us. And we have now come most heartily to thank your Excellency,

that you have accomplished for us that against your friends,

which we, with our most strenuous exertions, were unable to

achieve."

After this pleasant impersonation of the Pennsylvania senator, Mr.

Clay went on with his own remarks.

"I hope the senator will view with indulgence this effort to

represent him, although I am but too sensible how far it falls

short of the merits of the original. At all events he will

feel that there is not a greater error than was committed by

the stenographer of the Intelligencer the other day, when he

put into my mouth a part of the honorable senator's speech. I

hope the honorable senators on the other side of the chamber

will pardon me for having conceived it possible that, amidst

the popping of champagne, the intoxication of their joy, the

ecstasy of their glorification, they might have been the parties

who created a disturbance, of which they never could have been

guilty had they waited for their '_sober second thoughts_.'

I have no doubt the very learned ex-Secretary of the Treasury,

who conducted that department with such distinguished ability,

and such happy results to the country, and who now has such a

profound abhorrence of all the taxes on tea and coffee, though,

in his own official reports, he so distinctly recommended them,

would, if appointed chairman of the committee, have conducted

the investigation with that industry which so eminently

distinguishes him; and would have favored the Senate with a

report, marked with all his accustomed precision and ability,

and with the most perfect lucid clearness."

Mr. Buchanan, who had been made the principal figure in Mr. Clay's

imaginary scene, took his satisfaction on the spot, and balanced the

account by the description of another night scene, at the east end

of the avenue, not entirely imaginary if Dame Rumor may be credited

on one side of the question, as well as on the other. He said:

"The honorable senator has, with great power of humor, and much

felicity of description, drawn for us a picture of the scene

which he supposes to have been presented at the President's

house on the ever-memorable evening of the veto. It was a happy

effort; but, unfortunately, it was but a fancy sketch--at least

so far as I am concerned. I was not there at all upon the

occasion. But, I ask, what scenes were enacted on that eventful

night at this end of the avenue? The senator would have no cause

to complain if I should attempt, in humble imitation of him,

to present a picture, true to the life, of the proceedings of

himself and his friends. Amidst the dark and lowering clouds of

that never-to-be-forgotten night, a caucus assembled in one of

the apartments of this gloomy building, and sat in melancholy

conclave, deploring the unhappy fate of the whig party. Some

rose, and advocated vengeance; 'their voice was still for war.'

Others, more moderate, sought to repress the ardent zeal of

their fiery compatriots, and advised to peace and prudence.

It was finally concluded that, instead of making open war

upon Captain Tyler, they should resort to stratagem, and, in

the elegant language of one of their number, that they should

endeavor 'to head' him. The question was earnestly debated by

what means they could best accomplish this purpose; and it was

resolved to try the effect of the 'Fiscality' now before us.

Unfortunately for the success of the scheme, 'Captain Tyler' was

forewarned and forearmed, by means of a private and confidential

letter, addressed by mistake to a Virginia coffee-house. It is

by means like this that 'enterprises of great pith and moment'

often fail. But so desperately intent are the whig party still

on the creation of a bank, that one of my friends on this side

of the House told me that a bank they would have, though its

exchanges should be made in bacon hams, and its currency be

small patatoes."

Other senators took the imaginary scene, in which they had been

made to act parts, in perfect good temper; and thus the debate on

the first Fiscal Bank charter was brought to a conclusion with more

amicability than it had been conducted with.

In the course of the consideration of this bill in the Senate, a

vote took place which showed to what degree the belief of corrupt

practices between the old bank and members of Congress had taken

place. A motion was made by Mr. Walker to amend the Fiscal Bank bill

so as to prevent any member of Congress from borrowing money from

that institution. The motion was resisted by Mr. Clay, and supported

by democratic senators on the grounds of the corruptions already

practised, and of which repetitions might be expected. Mr. Pierce,

of New Hampshire, spoke most fully in favor of the motion, and said:

"It was idle--if it were not offensive, he would say absurd--for

gentlemen to discourse here upon the _incorruptibility_ of

members of Congress. They were like other men--and no better,

he believed no worse. They were subject to like passions,

influenced by like motives, and capable of being reached by

similar _appliances_. History affirmed it. The experience of

past years afforded humiliating evidence of the fact. Were

we wiser than our fathers? Wiser than the most sagacious and

patriotic assemblage of men that the world ever saw? Wiser

than the framers of the constitution? What protection did they

provide for the country against the _corruptibility_ of members

of Congress? Why, that no member should hold any office, however

humble, which should be created, or the emoluments of which

should be increased, during his term of service. How could

the influence of a petty office be compared with that of the

large _bank accommodations_ which had been granted and would be

granted again? And yet they were to be told, that in proposing

this guard for the whole people, they were fixing an ignominious

brand upon themselves and their associates. It seemed to him,

that such remarks could hardly be serious; but whether sincere

or otherwise, they were not legislating for themselves--not

legislating for _individuals_--and he felt no apprehension

that the mass, whose rights and interests were involved, would

consider themselves aggrieved by such a _brand_.

"The senator from Pennsylvania [Mr. BUCHANAN] while pressing

his unanswerable argument in favor of the provision, remarked,

that should this bill become a law, no member of Congress

'having a proper sense of delicacy and honor,' with the

question of _repeal_ before him, could accept a loan from the

Bank. That question of 'delicacy and honor' was one to which

he (Mr. P.) did not choose now to address himself. He would,

however, be guided by the light of experience, and he would

take leave to say, that that light made the path before him,

upon this proposition, perfectly luminous. By no vote of his

should a provision be stricken from this bill, the omission

of which would tend to establish a corrupt and corrupting

influence--secret and intangible--in the very bosom of the two

Houses whose province and duty it would be to pass upon that

great question of _repeal_. What had taken place was liable to

occur again. Those who were now here and those who would succeed

to their places, were not more virtuous, not more secure from

the approach of venality, not more elevated above the influence

of _certain appliances_, than their predecessors. Well, what did

history teach in relation to the course of members of Congress

during that most extraordinary struggle between the Bank and the

people for supremacy, which convulsed the whole continent from

1831 to 1834?

"He rose chiefly to advert to that page of history, and whether

noticed here or not, it would be noticed by his constituents,

who, with their children, had an infinitely higher stake in this

absorbing question than members of Congress, politicians, or

bankers.

"He read from the bank report presented to the Senate in

1834, by the present President of the United States, 'Senate

Documents, second session, twenty-third Congress,' p. 320.

From that document it appeared that in 1831 there was loaned

to fifty-nine members of Congress, the sum of three hundred

and twenty-two thousand one hundred and ninety-nine dollars.

In 1832, the year when the bank charter was arrested by the

veto of that stern old man who occupied the house and hearts

of his countrymen, there was loaned to fifty-four members of

Congress, the sum of four hundred and seventy-eight thousand and

sixty-nine dollars. In 1833, the memorable panic year, there was

loaned to fifty-eight members, three hundred and seventy-four

thousand seven hundred and sixty-six dollars. In 1834, hope

began to decline with the Bank, and so, also, did its line of

discounts to members of Congress; but even in that year the loan

to fifty-two members amounted to two hundred and thirty-eight

thousand five hundred and eighty-six dollars.

"Thus in four years of unparalleled political excitement,

growing out of a struggle with the people for the mastery,

did that institution grant accommodations to two hundred and

twenty-three of the people's representatives, amounting to the

vast sum of one million four hundred and thirteen thousand six

hundred and twenty dollars. He presented no argument on these

facts. He would regard it not merely as supererogation, but an

insult to the intelligence of his countrymen. A tribunal of

higher authority than the executive and Congress combined, would

pass upon the question of 'delicacy and honor,' started by the

senator from Pennsylvania, and it would also decide whether in

the bank to loan was dangerous or otherwise. He indulged no

fears as to the decision of the tribunal in the last resort--the

sovereign people."

Mr. Clay remarked that the greater part of these loans were made

to members opposed to the bank. Mr. Buchanan answered, no doubt of

that. A significant smile went through the chamber, with inquiries

whether any one had remained opposed? The yeas and nays were called

upon the question--and it was carried; the two Virginia senators,

Messrs. Archer and Rives, and Mr. Preston, a Virginian by birth,

voting with the democracy, and making the vote 25 yeas to 24 nays.

The yeas were: Messrs. Allen, Archer, Benton, Buchanan, Calhoun,

Clay of Alabama, Cuthbert, Fulton, King, Linn, McRoberts, Mouton,

Nicholson, Pierce, Preston, Rives, Sevier, Smith of Connecticut,

Sturgeon, Tappan, Walker, Williams, Woodbury, Wright and Young. The

nays were: Messrs. Barrow, Bates, Berrien, Choate, Clay of Kentucky,

Clayton, Dixon, Evans, Graham, Henderson, Huntingdon, Leeds Kerr,

Mangum, Merrick, Miller, Morehead, Phelps, Porter, Simmons, Smith

of Indiana, Southard, Tallmadge, White, Woodbridge. This vote,

after the grounds on which the question was put, was considered an

explicit senatorial condemnation of the bank for corrupt practices

with members of Congress.

Thirty Years' View (Vol. 2 of 2) or, A History of the Working of the American Government for Thirty Years, from 1820 to 1850 · 第 80 / 202 章