Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1848-01-27

SYNOPSIS OF HIS RECENT SPEECH.

this morning 10 hear Mr. CsIhoun's speech
he current OF public opinion here, unstable as
II really is, Is the very best criterion of The
It's and standing OF public man, and would
much prefer TO follow the crowd, always vIsi-
bic on these occasions, than to take the opinion
OF those who are esteemed the best critics.
The ihrong always bespeaks good entertain
meni, and lis dscernment is as delicate and
sensitive as the palate of an epcure. Para
doxical as this may appear, il is none the less
irue.
Mr.. Calhoun took the floor on motion of Mr..
Sewer, al twenty minutes before one O'Clock.
Unlike Mr.. Webster and other distinguished
men, he never dresses for one OF these efforts,
and as all the world knows, no one is general
| ly more Indifferent 10 the accessories of the
toilet. He appeared therefore in his ordinary
habllimenis, with little TO arrest The attention of
stranger, other than that brilliant restless eye
and The lines of reflection, which mark his phys
iognomy, with the traces of thought and intel.
leci.
He began In offering Senators these res
olulons, have been governed by the reasons
which induced me to oppose The war in the
outset. In aludng to il do not intend 10 al
ude TO the reasons that governed me then, far
her than is necessary for my purpose.
| | opposed the war because il unneces-
sary, and might have been avoided, and because
the President had no authority 10 order the
troops on territory occupied by Mexico--be-
cause the preamble to the act of May 1916,
was (alse-because il would lead 10 great and
serious evil, and endanger free institutions.
acqulesced in The war, after its recognition, be
cause | could not arrest il, and Limited my sup
port accordingly. | suggested defensive line
al The last session, and now offer these reso.
luiions for the same purpose. | have no per-
soual or political considerations 10 influence me
--neIther TO weaken The administration nor 10
strengthen the oppostion--I shall therefore
speak independently, as one who has no favor
to ask from the governmen. or the people.
Mr.. Calhoun went on TO say, when he sug-
ges,ed defensive line al The last session, we
stood in better position 10 obtain indemnity,
than we ever had before or will again. We
may receive indemnify from unoccupied terri
tory, but none from occupied territory. He Of
lered the line because he believed it was the
only mode of ending the war and saving blood
and treasure, and any other policy would be
likely 10 expose us 10 The evils, which these
Resolutions are intended TO guard against. The
Presiden, took another course--he was for pros
ecu,ing The war vigorously 10 conque. peace
and security and indemnify for our claims and
expenses.
The campaign has terminaed-i. has been
as successful could have been expected
Victory has followed after victory and yet what
has been accomplished! Have we conquered
peace-have we got treaty or indemnify =
No. Not a single object has been effected. and
our difficulties are greater now than they were
before. What has caused this discontinue !?
Is ii no, our army. What then! The plan
Of The campaign was erroneous. We aimed al
indemnify in the wrong way--through treaty.
and Mexico by refusing the treat, put ii out OF
our power We have nothing but The military
glory for our loss OF blood and lreasure-perhap
40 millions or more of money. aud six, eight or
len thousand men. All this for nothing at all
A defensive line, il has been said, would
have been as expensive as the campaign The
views presented by the President and his Sec
relary were all wrong He then proceeded 10
show that The geographical condition OF The
country would have afforded large projection
in itself and inslanced how Texas had been
enabled 10 maintain her position, without either
extraordinary cos, or standing army. The
interest, said he, on the money sunk IN this
war would have supported his line, and the
gallant men who have lost their lives, would
have been sufficient TO have held it.
We are now at The beginning of another
campaign and The same measures are proposed
What ought 10 be done! Shall we 60 on with
ii? | cannon support The recommendation o
the President The cost of ,he war will be
grea,er-70. 900 troops in the whole, and Sky
millions al ieas, of dollars for the experiment
What is the condition Of the money market Z
s The famine in Europe gave US large marke
last year for our produce. lfspecie flowed ou
below i, flowed 10 above. Now. the drain IL
sgans, US both ways, and specie must be re
mited abroad to meet our liabilities. Can ih's
go onl What is the price OF the public stocks
and Treasury Notes far below par, and Sc
long hey con'lnue SO, they must 90 mo 'hs
Sub. Treasury, and coin mus, come out aud sooT
you will be drained TO the bottom.
; A great financial crisis and perhaps s"sPen
lson of specie payments by the banks are
The difficulty Of the war is in sh'
sta,e Of The ansGces YOU can't gel money, !