The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-04-12

HIGHLY IMPORTANT FROM THE SOUTH.
Mr.. Clay in Charleston.
His Abandonment Of the High Tariff
System.
We received last evening Charleston papers, in
which we find condensed reports of the sentiments
of Henry Clay, delivered in that capital, wherein
he adheres TO the policy Of National Bank-6m
declares his hostility TO the ultra tariff system
entirely, in the most unequivocal manner too
In the present state of public opinion, affecting
the Presidential election, this is a most important
declaration.
The following is the condensed report, as we find
II in the Charleston Patriot" OF the Sth inst -
MIR. Clay's Speech.
From our position, could not hear Mr. Clay at the
Nav Theatre Saturday, 10 the best advantage but
accurately memory and opportunities enable u.s.
we will endeavor TO present outline of his speech
which occupied nearly two hours in the delivery marked
by those graces felicities expression and
finely tones OF voice for which he is dstn
guhed What to judgment constitutes the Of
Mr. Clay's eloquence-for it il the first time have
listened his oratoryis his sincerity This the
spell only captivates hearts OF the Million but
binds by the magic Of sympathy universal speech
ITSELF the audience to the orator and the to his
dence In fact is the foundation OF all true oraorcs
power-the only source OF effective Observation-Disclosures
Of the pulpit, the bar, or the rostrum.
Mr. CLAY commenced by thanking the citizens of
been honored modesy discaiming the appropriation of
these hatsrng popular respect OF which
the hronged building afforded every side Of the
most gratiiy ng proofs as due to his personal merits
He then aiverted to the calunny and derac,ion OF
which he had been made the subject OF the
of which that his through portion OF the South
had besn undertaken for eectoneering purposes Mt
Clay, in warmly and earnestly dsclaming any such de-
stated that intention in visiting the four southern
States through portion OF which he had passed. after
his New Orleans business was T. indulge Gu
rosity which he had long e to become better acquaIn.
OF the Union to which ne had been hitherto
stranger and crafty those friends who had extended
TO him a hosptable Invitation.
He then most gracefully adverted to the pleasure he
had experienced in exchanging courteses with the citi
zens of State which boosted Of the eminent Names
secraed in Revolutionary history, Of Marion, Sumter,
Pinckney ,iRutedge sc In this connection, Mr.. Clay
most happily introduced the name of William Lowndes
with whom he had been in political association during
period of alarm for the safety OF the Union, and whom
he proaounced warm and lofty eulogium In alluson
the Missouri compromise, Mr. Clay avswed himself as
being influenced that occasion well every other
involving conflicting claims and interests between differ
ent sections Of the Union by that spirit OF compromise,
Cancellation and mutual concession which directed the
conduct oil ancestors in framing and adopting the con
sttution and which must influence their descendants II
they wish to preserve as the heritage OF Liberty and the
bond of Union.
Mr. Clay then entered into rather extensive explana
ton OF his opinions in relation to the tariff He strongly
dscaimed all ultram on this branch OF our domestic Po
Icy He mos eloquently deprecated extremes IN iegisia
tion and government destructive of the Union He de-
nounced uas in all its forms and applications as be-
American statesman, which sentiment met with
spontaneous by the whole assembled auditory
lie stated that he had been governed by these principles
in assisting frame the 1888 of which he stated the
home RADIATION to have been the essential feature, without
which 1t could not have been adopted He avowed him.
self friendly incidental protection, after providing for
such revenue would be required for economical
administration of the government giving such support to
those departments OF domestic into competition
it'll similar branches of foreign industry He called on
tile advocates of extreme opnionsthe ultraists of free
trade and pohbtionto make patriotic sacrifice of their
peculiar opinions the altar of the good guided
by the spirit of compromise and mutual concession
The next topic OF Mr.. Clay was a National Bank. His
opinions and public conduct in relation to this subject,
vndcated with ability and his views in relation to
the necessity of National currency must have been
knOwedged sound while his exposition OF the evils OF
unreguaed currency admitted srkngly true what
ever differences OF opinion exist to the hest means
OF supplying that necessity and devising regulating
power Tor correcting these evils Mr. Clay stated how
ever that he willing to leave this sub ect to public
opinion content TO be guided by its voice and governed
by lis dictates He then spoke OF the administration of
nearly all the private distress aud public embarrass
mcnts which have marked that period He adverted to
the miversaton of public agents. the magnitude and
tent OF private frauds az distinguishing feature of tne
times, and looked forward to a change of policy the
remedy of these evils and the Of restoring national
and individual prosperity.
Mr.. Clay closed with auiing to his position a cand
date Tor the Presidency observing that he had been
brought forward for the Office through agency of his
own His friends he stated stand answerable for having
presented his before the American people, a
dde for the highest honor in their gift He observed
that he had given his to this spontaneous
90 reserving this the secret Of his BOSOM He had
been thus compelled to explain and dwell topics per-
sonal to himself He expected to say something and
he had SAID what appeared to him fitting and appropriate
in his peculiar attitude before the audience he ad
dressing Mr. Clay repeatedly applauded and cheeed
during and at the close Of this very effective and eloquent
address.