The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-07-21

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From tie ColpmJia(S. C) Telescope
,AssAGEs FROM THE LIFE OLA GREAT
STATESMAN.
NO. III.
my lord, you have changed your opinion: permit
adhere TO our former opon, really believe 10
,e The best "--T0ifaTe.
IL INV last promised to conduct Mr.. Calhoun
hroigh his course aud have done so--" Pea-vlned'
I'm Gas Mr. Randolph would have said) from 1916.
Shu he stood by William Lowndes OF Sonih Carolina,
islai,,ng a U S. Bank. 10 1883, when he stands hy
Thomas ii Benton, Of Missouri, opposing one. Yet
10 not conclude this w,hs note Of admiIaon:
ar from il. II Chsubert or Adrian were 10 close his
erfurn ance by swallowing his own head, whether IN
lie bills OF the evening not, who would be surprised
Snrpr Sc indeed ! Manifestations Of the marvellous
re tic simii Of the art and il that be attained there
reason that hystanders should be satisfied but
ha, they should lie surprised Indeed there is class
4 PERSONS as well sphere Of arton in which, aid
4 whom skill and deSusri,y ore alone expected. II
our gladiator fight well. what matters il whether he
onichd with The lavcin or the net The casting OF
he character is Of subordinate consequence to the cx-
cution Of the part Has this rot become the establish
d relation between Mr. Calhoun and The American
ublc passage at arms is oil that is expected Of
I'M, aud with what with whom he contends is
Of entirely secondary import, that the weapon,
he adversary and the contest wsgcd, be appointed,
fully 10 deyclope his astonishing powers. In all
probability he is unconscious of this though have
ew privileged persons who ignorant Of their pre-
ogaiive. doubt not that for purity he is upon far
,erage ground with his contemporaries; but doubt
ust little that his nmunities, ii, whatever they may
aay be founded, freely used, and more fully
ocr,,od, than the same exercise Of the license
would be- IN any other statesman IN the country, am
far from concerning, however that Mr. Calhoun is at all
conscious Of hav6g changed his position. The more
contemplate this greet statesman many respects the
mos, extraordinary IN The country, and IN all respects
n e -. -
Of enthusiasts that has furnished TO the world many
selma ned Mcssishs and would as soon believe
hat Brothers Msuhiss doubted his divinity, as
that Nj Calhoun could he brought eithcr TO suspect
htmself Of possibility 10 change, or entertain
'noueuary doubt Of his perpetual ard unerring con-
xistcncy lrrcr his unTivalled intiaence the insg
n,iors Of Others Il is remarked by Sir Walter Scott
oil llnsrrn,s Charaian Ga greater man by far than
any Of his agsl that. being first the rlffim 81 his orh
demom. ,hr deception OF others was Of easy achieve
incnt. II tho rahiau Inpostor had doubted his
,el,ar, n,>pirsnn hrk he would have taken rank
even as prophet III the las, The ard sliadwy
ou,l,r eup,ncd with the intensity, seifrellance, ra-
pdAy perseverance,, fcxlhltiy, ard subcness, which
complete tbs picture OF this great man, are well calcu
late cxal inn INTO elevated contrast With ordinary
minds, amd to stamp his image with an intellectual
arsdrir upon The tm0pin0tions OF those who
ghidng his course But there, unfortunately the i'm
litss,on end Neither the affections the
hacncc Of his country for Mr. Calhoan; though in
uuc,ng the fact, must forbear 10 participate in the
conclusion. so far as il involves impeachment of his
purity. Not being its champion, foibear to be us
assaant though must say that should be the last
to be surprised ,f during the Presidential term,
he found supporting the charter OF general bank
Of his proposing and so ridlc atg his consistency
IN the act to command the confidence Of some and
The guarantee Of others. Indeed, far from being
surprised that Mr. Calhoun should return 10 a support
of United States Bank, feel my self fully au,ho
rzed, from his showing to anticipate II with conf
dencelu his speech OF the 22d Of March last, in re-
ply to Mr.. Webster, he says: 1.-The only praciicdl
alternative at that period between league OF State
banks and Bank Of the United States. as the fiscal
agent OF the government. | preferred then, as do
now The latter the former. &c After the late
wh,ming against the reconsideration Of the re-
lection OF the independent Treasury bi appeal 10 Mr.
Calhoun IN the spirit OF fraukness, to say what row IS
the remaining acnatvei' IL he do not sec It now.
the coming fall elections will convince him. and shall
coll upon him to return his ancien, allegiance, To his
early and first love, Bank OF the United States. This
is the remedy which promised IN my last 10 suggest
for currency rdrtoHSiy deprecated; and call upon
Mr. Calhoun to witness that it is both efficient and safe.
In his speech on the removal Of the deposites, 18th
January. 1884, he says " The Bank has been ndis-
pcnsabe agent the restoration Of specie payments
without II the could have been effected
sh0rt of The utter prosiraiioa ~ all The moncycd 'nsti-
Unions Of The country (and Of course, through them,
ri fhsr dtbi0ys) aud entire depreciation OF bank
" HOl ONiy IestOfCu Uut
has gwen currency, far uniform between the ex
lren,cs Of the country than was anticipated or even
dreamed Of at the time Of i,s creation will for
myself, that did believe at that time that the
changes between the Atlantic AID the West would be
brought lower than two and aha per cent the estna
ted expense then, including and loss Of time
OF transporting specie between tho Two points. How
| much it was below the anticipated point | need not
now state the whole commercial world knows that II
not fourth part at the time of the removal Of tho
deposites." May be pardoncd for adding this the
testimony Of Of the hest founded financial repn-
ta,on in the county after Mr. Gaatin7 In his report
| of the Sd April 1929, much Of President Jack
sons message related to the Bank, and 10
that portion Of it which expresses the opinion Z" that II
had failed In the great end of establishing uniform ard
sound CURRENCY" Mr. McDufie says It now remains
show It's effects in equalIzng the currency In this
respect il has been productive Of results sautary
than were anticipated by the most sangune advocates
Of the policy Of establishing bank. II has actually
/ furnished circniatiag medium more uniform than
/ sptcIc" The most drytrous advocate with whom am
acquainted. when he proved his case by incon,cs,hle
Evidence the habit Of submitting il without
mark The jury and upon the fiscal action of this IN
stuuton, ! put myself upon my country without con
mcnt Here arc witnesses enough 10 convict upon
prosecution for treason. aud the evidence OF Of
whom IL u treason 10 question, at least III South Ca
| ruliua
Iwl not repeat what have already said Of Mr. Cal
honn's opinions the constituonsity Of bank, "
MS most emphatic language, TO do so would be
| : useless consumption OF tune
| Mr. McDIihrs argument. anal zcd, is in substance
thai Congress has an equal right, under the Consttu
OF. make convertible paper money, as to make gold
bars money! under The puser 10 coin money aud tegu
Lite the vsuc thcre,i tho ono being much coined
a the ohel tina, the word com asused ~ the Con