Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1856-02-02

icas clear. NH oar joiaf forces (,rdigs and null
hfus.) zee oould unerly orcrihror and Geai0gsi
than, bR R rds not less cicar Maf the riotorg
'ccHld apre, not 10 us, jw crclgarely 10 the bon
cm NJ oar aAies and thar cause" These pas
sages were much commented upon, especially
IN the reioinders aud the whole letter produc-
ed by Mr. Calhoun, and the meaning claimed
for them fully stated by him
In the speeches for and against the crown
we see Dcmnsthencs answering what has no,
been found in the speech Of d,schines the
same anomaly took place in this earnest debate
as reported between Mr. Clay and Mr. Calhoun.
Ihe latter answers much which is not found in
the published speech 10 which he is replying
1t gave rise to some remark between the speak
ers during the reuinders. Mr. Calhoun said he
was replying to the speech as spoken. Mr.
Clay said it was printed under his supervision
las mnch as to say be sanctioned the omis-
sions The fact is that with a commendable
feeling, he had soiiened snme parts and omitted
others for that which is severe enough in
speaking, becomes more 81 in writing and lis
omission or soitenng is a iacit reiraeiion. and
honorable to the cool reflection which condemns
wha, passion or heat had prompted. Bot Mr.
Calhoun did not accept the favor and, neither
party desiring quarter, the one answered what
had been dropi, and the other Reproduced it.
with interest. In his rejoinders, Mr. Clay sup
piled al that had been omitted and made ad-
dilions to il.
This contest between two eminent men, on a
theatre 80 elevated in which the stake to each
was go great, and In which each did his best.
conscious that the eye Of tho age and OF pos
teFily was upon him. was an event ia Itself.
and IN their lives. 1t abounded with exempl.
feaiions Of all the different sorts Of oratory of
which each was master On one sde-decla-
nation, impassiOned eloquenco, vehement inyec-
tive, tauniing sarcasm; on the oiher-close
reasoning, chas,e narrative, clear statement.
keen rctort. Two accessories of such contests
descriptions Of frendships,) were missing. and
well--the pathetic and the yirulent There
was no crying, OF Safeguarding in ii--nothing
like the weeping scene between Fox and Burke.
when the heart oyerhowed with tenderness at
the recollection Of former loye, now gone for
ever moi Ike the viruleui one when the eall.
Overlooking with bitterness, warned an ancient
friend never to relarn as a spy to the camp
which he had lefi as a deserter.
There were in the speeches OF each some
remarkable passages, such only as actors in the
scenes could furnish, and which his,nry will
claim. Thus Mr. Clay gave some inside
views Of the concoctiou Of the famous Com-
promise act OF 1888 which, NO far as they 90.
correspond with the secret history Of the same
concociion, as given in one Of the chapters on
tbgs arf,f in, fHa g.
Mr. Clay's speech is also remarkable for the
declaration thai tho nraieciira susisrn ,lAial.ia
permanent that It's only design was to give
temporary encouragement to infan, manuiac-
lures and that it had fulfilled its mission.
Mr. Calhoun's speech was also remarkable
for admitting the power and the expediency of
incidental protection, as 1t was called and on
this ground he justified his support of the tar
i'll Of isl6-so much objected against him.
lie also gave his history Of the compromise Of
1888, auribuiing il 10 the efficacy Of nnlli6ca-
lion aud Of the military attitude of South Car
olina which brought upon him the relentless
sarcasm of Mr. Clay, and oecasionod his oxpls-
nation of his support Of national bank in 1916.
lie was chairman Of the committee which re-
ported the charter for that Bank, and gave ii
the support which carried il through with
which he was reproached after be became op-
posed to the bank lie explained the circum-
stances under which he gave that support
such as ! have often heard him state in conyer-
saiion aud which always appeared to me to
be sufficient TO exempt him from reproach.
Al the same time, (and what is but little
known,) he had the merit Of opposing, and
,rp1,al1, ~ I.f..tf,, e..
bank-one Of fifty millions equivalent 10 one
hundred and twenty millions now.) and found
ed almost wholly upon United States stocks
imposingly recommended 10 Congress BY the
then Secretary Of the Treasury, Mr. Alexander
j. Dallas The analytical mind of Mr. Cal
houn, then one of the youngest members, i'm
medlately solved this monster proposition into
It's constituent elements, and his power Of gem
eralizalon and condensation enabled him TO ex-
press its character in two vords-lendiag our
credn to The tank for nothing, and borroIcing il
back al sir per cent interest.
As an alternative, and not as choice, he
supported the national bank that was chartered,
after twice defeating the monster bank of fifty
millions founded on paper ; for that monster
was twice presented to Congress, and twice re-
pulsed. The last time il came as a currency
measure--as bank TO create a national curren-
ey : and as such was referred to a select com
mittee on national currency, of which Mr. Cal
houn was chairman. He opposed it, and fell
into the support of the bank which was char
tered. Stfange that in this search for ma
tional bank, the currency of the constitution
seemed to enter no ones head, The revival
Of the gold currency was never suggested aud
In that oblivion of gold, and still hunting a sub
stitule in paper, the men who put down the
first national bank did their work much less ef-
feciually than those who put down the second
one.
The speech of each of these senators, so far
as they constitute the personal part Of the Do
bate, will be given in a chapter of its own the
rejonders, being brief, prompt, and responsive
each to the other, will be put together in an
other chapter The speeches Of each, having
been carefully prepared and elaborated may be
considered as fair specimens of their speaking