The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-04-13
DEBATE IN rue SENATE.
speech OF mr.. Calhoun,
N REPLY TO MR. CLAY.
On the snb-Treasury Bili.
March 10. 1873.
Icantiaued.l


lcaatiaued.l
The Senator next prsceeis 20 state.
M, in a certain document 10 he named
a dil not hear hinll I assigned as q
,ei,aa why could not jain in Ihe attack
"a the Administration. that the benefit Of
he victory would mol enure 70 myself. or
az party. or. as he explained himself.
ssraase IL would not place myself and
:.en in power. presume he referred
;, letter, in answer 10 an invitation 10
Hblic dinner offered me by my old and
aithfui friends aud constituents Of Edge
Geld. in appreciation Of ny course al the
Extra session.
Mr.. CLAr. do.
The pressure Of domestic engagements
sonld not permit NE 10 accept their in
,i,snoa. and. in declining Il. I deemed il
10. 10 them aud myself to ctplsin my
course. in lis political and party bearing.
more fully Than had done in debate.
Tnsy had . right 10 know my reasons.
and | expressed myself with the frank
nsss due 70 The long and uninterrupted
confidence which had ever existed be-
tween Us.
II1ying made these explanatory re-
marks. now proceed 10 meet the asser.
Ton Of the Senator. aud | sgsin lake issue
% the fact. assigned 40 such reason
a. the Senator attributes 70 mo. I never
dreamed or thought Of such a one: nor
can any force OF construction exlor il
f,um what ! said. No: ny object vas
not power or place, either for myself or
piHy. II was far more humble anil ho-
ne.i. II was 10 save ourselves and our
principles from being absorbed and lost
IN party more numerous and powerful,
lot differing from Us on almos, every prin-
apls and question Of policy.
When the suspension Of specie pay.
meets took place in May last mot unex.
re'led 10 me, | Immediately turned ny
,ysniion 10 The event earnestly. consider.
lag as an event pregnant With great and
Inmng consequences. Reviewing The
ahole grouad, | saw nothing 10 change
10 the opinions and principles had a.
r1aed in 1894. and | determined 10 carry
hen out. a. Ear as circumstances aud my
ability would enable me. But saw that
nv course mus, be influenced BY the POI
'ilion which the two great conlending
parties might lake in reference 20 the
Question:. j did mol doub, thar the 0p.
position would rally either on national
tlak, or combination Of state banks,
With Bldlle's Of the head; bat I was
gaolly uncertain what course the ADM.
nisraIlon would adopt. and remained so
ill the message Of the President was re-
ceved and read by the Secretary al his
hbe. When Isaw he went Tor divorce,
| never hesitaled moment. Not only
ny opinions and principles long enter.
timed, and, as ! have shown. fully ex.
p'essefvears ago, buI he highest polili.
ca motives, left me no alternative. I
\ perceived. al once, thai the object, TO &C.
'omplish which We had acted in concert
With III: opposition. had ceased; Execn-
I've usurpalons had come TO an end for
N. present; and thar The struggle with the
Administration was no longer FOR power.
Out 10 save themselves. I also CLEARLY
saw, II we should unite with The Oppose.
ton IN their attack on the Administrator,
The victory over them IN the position they
occupied, would be victory over US and
1l' principles. Il required no ssgacily
see tina, such would be the result. |.
was as PLAIN as day. The Adminisua.
lion had taken position, as have shown,
On the very ground | occupied in 1884,
and which the whole State. rights party
n'd taken al the same time in the other
house, as its journals will prove. The
Opposition, under The banner Of the bank,
were moving agains, them for the very
reason that they had iaken the ground
Z hey did.
Now, | ask, what would have been the
result Il we had joined IN the attack No
one can now doubt that the victory over
hose IN power would have been certain
anu decisive, nor would the consequences
nave been the least doubtful. The first
. ,r0't would have been a national bank.
Tue principles Of The Opposition and the
very object Of The attack would have ne.
Sc'safiIy led 10 that We would have
"een Too feeble 10 resist, but would have
oSea committed by joining in the attack
WIN lis aVowed objec, TO 60 for one,
%M'e those who support the Administra-
"on would have been scattered in The
%'als' We should then have had bank,
''' Is clear; nor is i, less certain, that in
~ "aIn there would have followed all
Va, l% consequences that have and ever will
y'""' when ,ried-high duties, over.
N"g revenue, extravagaut expendi.
. |'es' large surplusses; in a word. all
''>eu'Sastrous consequences which have