The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-04-06
DEBATE IN THE SENATE.
speech OF Mr.. Calhoun,
n REPLY 70 m. CLAY.
On the sab-Treasary BiIl.
march 10 1875.

March 10. 1873.
Tfise Io lulfil . promise I made some
das since 10 notice Of my leisure the re-
o'y Of The Senalorffom kenlucky farthest
ION me tMr. Clay 10 nv remarks. when
/ srsl addressed lhs Senate on The SUBJECT
uoE under discussion.
Oa comparing with care the reply Nth
n. remarks. am n loss 10 determine
vhelher IL is the most remarkable for lis
EMISSIONS or mis-sialemeRts. Instead Of
leaving MT hair in The head Of nv ar
spassis. a. the Senator threatened 10
v.s hi. not very dignihed eKpression.) he
sas moi even attempted 10 answer large.
,sI not the least peighiy portion; and Of
ia. ahith he has, there is not one lair
Is sisted, or fairly answered. | speak
lilsr,ly. and without exaggeraiion; mr.
would il Be difficult 10 establish 10 the lel.
vr What assert. II could reconcile il To
nrself 10 consume The time of the Senate
ID establishing long series Of negative
propositions. in which thew could take
bot LILLE interest. however important they
aly be regarded BY The Senator and my.
sell. To avoid so idle consumption OF
he lime, propose 20 present few in
stances Of his missiaiemenis. from which
ne rest may be Inferred; and that I may
not be suspected Of having selected them.
I shall lake them in The order 10 which
,h,v s,lnd in his reply.
The Srnsie will recolleci that when
he Senator from Virginia fsrihes. from
ne lNr. RiTes) introduced his substitute.
| he accompanied il sllh The remark. that
| il vas his first choice. and the second
choice Of those who are allied with him
this occasion. In noticing this remark.
7 suited. ina, IL | might Judge from ap.
psarances. which could scarcely deceive
one. The Senator might have said, rol on
" the second, bul under exciting cireum-
Stances. IL vas their first choice. and that,
isspairing Of bank for the prsseni. they
would supper, his sub.iiiole. ASSUMING
| his inference 10 be correct, | stated that
Ihe question was narrowed down, in fact.
20 the bill and substitute. of which one or
the other must be selected. The Sena.
,o' from Kentucky, 10 his reply, omitted
al these qualifications, and represented
m IS making The absolute assertion that,
in the nature OF the case. there was no
ether alternative bul the bill or the sub
:iute. and then grasely pointed out two
olhers; ID DO nothing, or adopt nation
al bank, as il ! could possibly be igno-
ran, II what was so obvious. After he
had thus replied. not 10 VIVA, really said,
but his own misslalemeni OF IL, as If 10
make compensation, be proceeded in the
sane brei,h 10 confirm the truth Of what
Ibid say BY giving his support to The sub.
:t'u'e, which he called . halfway house,
where he could spend some pleasant
hours. Nothing is more easy Than to win
such victories.
Having inferred. as has turned out 10
Be The fact, that there was no olher alter.
native at present. but the bill and subsil-
''e. next showed the embarrassment 10
Which the gentlemen opposite 10 me
would be involved from having, four
years ago, on the question Of the reno.
val Of the depnsiles, denounced league
81 state banks, similar 10 that proposed 10
be revived by the substitute. Alter en-
hrglns on this point. remarked that, If
lmIgh, be permitted u state my opinion,
the gentlemen had taken a course unfor-
innate fnr themselves and the country;
unfortunate Tor them, for let what would
Gone they would be responsible. If the
oIIl was lost theirs would be the Iespon-
siollIiv; il the substitute was carried, on
.hen the responsibility would fall; and
II nothing was done, they would be held
responsible; and unfortunate for the coun-
n.y. because il had prevented the decision
Of the question al the EXTRA session,
winch could no, have failed 10 put an ear
" termination 10 The presen, commercial
and pecuniary embarrassment. This the
senator, in his reply, met by stating tina,
! mad called on him and his friends 10
follow my lead; and thus regarding il, he
made /. the pretext OF some ill-naiured
personal remarks, which ! shall notice
hereafter. l never dreamed Of making
such call; and what said cannot be
@''ured by the force Of construction. to
1 meaning having the least sem
blance of il.
Alter making these preliminary re.
marks took up The substitute. and
showed tha, i, proposed TO make bar.
gan with the banks. then stated the
particulars and the conditions Of The pro.
posed bargain; that its object was To en-.
%0le The banks to pay their debts, and for
,ia' purpose it proposed TO confer impor.
"a. %n' privileges; TO give them The use oil
'ne public funds from The time Of depo.
s.,e to disbursement. and to have lheiI
"o'es receive! as cash ia che dues Of che