The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-03-23
DEBATE N THE SENATE.
s..erh OF sfr. Clay. OF Ky.
on ths saS-freasury Biii.
k,brsary 10. 1874

~ IS lollnEG ! nass sssn ssuas P..".
- n,ssed through many troubled
81. and often addressed public assem-
q - = ,his capitol, and elsewhere; bal
-. -, bsi.,re have ! risen in . deliberate
- under more oppressed feelings. or
deeper sense 81 awful response
-, Never before have 4 risen 10 ex-
-. o,y opinions upon any public mea-
=. lr,s,hl with such tremendous con-
-.a,nees % the welfare and prosperity
= ,ss country. and - perilnus 70 The
s..,,i,s Of The people. as solemnly be-
80 -. ,be bin under consideration will be.
n v,1 knew. sir. what sleepless hours
',a..,ion upon il has cost me. Il JON
20 With what feryour and sincerity
! have inplored Divine assistance %
',s,s,hen and sustain me IN my oppo-
ITO il. | should have credit with you.
:, l,,,,. for The sincerity Of my c0nyic-
.,,,.. Il | shall be 50 unfortunate as not
-, ave your concurrence as 10 The dan
..,,.. character Of the measure. Aud
b,,. thanked ms God that he has pro.
'ss,,l nv life until the present time.
= emIls me To exer, myself in the ser.
,,.. oi NV country. agalns. a project FAR
,,,a.reatinr 10 psrnieious tendency any
I,,I have ever had occasion 10 consid-
:, thank him for the health ] an
.s,nueI to ENJOY; thank hun fnr the
.,r, ,nd swee, repose which | expenen-
ID las, night: | thank hun for he bright
,sl slorious sun which shines upon Us
hs day. 49,
Il is no, my purpose. at this time,
ur President. 20 90 a, large into a con-
Iteration Of the causes which have led
=, he nre.enl mast disastrous state Of
n,bGc Affairs. That duty was perform
i by others. and myself. at the extra
s,,,io, Of Congress. Il vas then clear
II ,hosn that IL sprung from the III ad-
used aud unfortunate measures Of exc
cuass administration. now will con.
,,., myself with saving that. On the Igli
d,y Of March. 1899. Andrew Jackson,
m, by the blessing of God. was made
Ppslden, Of these Uaited States; that
The eaaalry was then eminently pros
porous, lha, lis carreacy was as sound
and safe IS snv thai a people were ever
blessed wi,h--lha,, throughout the vide
sx.an. " this whole Union, it possessed
! uniform yalue-and that exchanges
usrs conducted with such regularity and
perfection, tina, funds could he transmit
lsd from me extremity Of the union to
tie other. with the least possible risk or
l1ss. In this encouraging condition nf
he business Of the couaiFy, il remained
70; several years. until afler the war,
gan,oaly waged agaIns, the late Bank
q the United States, was completely
successful, by the overthrow nj that in
valuable institution. What our present
situation is, il is as needless 10 describe
as il is painful TO contemplate. First felt
IN our great commercial marls, distress
and embarrassment, have penetrated into
the interior, and now pervsde alnos, the
entire Union. II has been justly remark
ed BY one Of the soundest and most
7'a:tical writers tha, | have had occa-
sion 10 consult, I" that all commissions in
the circulation and commerce Of every
country mnst originate in the operations
Of The government. or in the mistaken
views and erroneous measures Of those
possessing the power Of influencing credit
AMI crcnlalion-(or they are not other.
wise susceptible Of convulsion. and il LEFT
10 themselves. they will find their own
level, and low nearly ia one uniform
stream"
Yes. Mr.. President. we all have but too
melancholy a consciousness of the un'
happy condition Of our country. We
all 100 well know. that our noble and
saIlan, ship lies helpless and immovable
upOa breakers, dismas,ed. the surge bea,
ing over her venerable sides, and The
crew threatened with instantaneous dis
irucIi0n. How came she there! Who was
The pilot a, the helm when she was stran
ded' The party in power! The pilo
was aided by all the science and skill, By
all the charts and instruments Of such dis
ongushed navigators as Washington, thu
Adamses, Jefferson, Madison, and Mon
roe; and yet he did not. or could not, save
ihe public vessel. She was placed in he
presen, miserable condition by his bun
CLING navigation, or by his want OF skill
and judgment. II is impossible for him Il
escape from one or the other horn of tina
dilemma. lleave him at liberty to ehoos'
between them.
| shall endeavor. Mr.. President. in thu
course Of the address am abou, making
20 establish certain propositions, which
oelIeSe to be inconlestible; and, for III,
sake Of perspicuily, will state them Sc
orally 10 The Senate. | shall contend
lst. That /, was the deliberate purpost