Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1856-07-08

equivalent 10 the hundred and twenty millions now)
and founded almost wholly upon United States stocks
---imposngly recommended To Congress by the then
Secretary of the Treasury, Mr. Alexander Dallas.
The analytical mind Of Mr.. Calhoun, then one Of
the youngest members Immediately solved this
ster proposition into its constituent clements and his
power of generalization and condensation enabled
him to express Its character in two words-lendng
your credit to the bank for nothing and borrowing It
back Mt six per cent interest asasfsa
As an alternative, and not as choice, he support
cd the national bank that chartered after twice
defeating the monster bank of iiny millions founded
On paper for that monster was twice presented to
Congress and twice repulsed. The last time Il came
rs u currency measure ns bank TO create nation
al currency and such was referred to select cou-
mitce on national currency, OF which Mr.. Calhoun
chairman. lie opposed 1t, and fell into the sup
port Of the bank which was chartered. Strangethat
Ia this search for national bank the currency Of the
constitution seemed to enter no ones head The re-
vynl Of tho gold currency was never snggestcdi and
still hunting substitute In paper, the men who put
down the first national bank did their work much
less efectually than those who put down the second
one
The speech of each of these Senators, far rs they
constitute the personal part OF the debate, will be
given in chapter of It's own the rejoinders being
brief prompt and responsive each to the other will
he pui together In another chapter The speeches OF
each having been carefully prepared and elaborated
may be considered ~ fair specimens OF their speak
ing powors-the style Of each different, but each
first class speaker in tho branch OF oratory TO which
he belonged They may be read with profit by those
who would wish 10 fbrm idea OF the STYLE and pow
cr of these eminent orators Manner and all that is
comprchcnded under the head of delivery, is differ
ont attribute and there Mr., Clay had nm advantage,
which IL lost In transferring tho speech To paper.
Some of Mr. Calhoun's characteristics OF manner
may be seen In these speeches. lie cschewed the
studied exordums and perorations once 80 mnch In
vogue and which the retorican's rules teach how 10
make icw simple words TO announce tho begin
ming, and the to show the ending of his speech
was about MS much he did in that wayand In that
departure from custom he coniormed TO what was be-
coming in business speech, ms his generally were ;
and also To what was suitable TO his own intellectual
style of speaking He also cschewed the trte, faml
lar, and unparliamcntary mode, (Which Of late has
pot into vogue) Of referring to u senator rs :" my
lrcndp or the distinguished or ''the eloquent or
the honorable &c. He followed the written rule
of parliamentary law, which Is also the clear rule of
propriev and referred TO the member by his sitting
place In the Senate aud the State from which oceme.
Thus, the Senator from Kentucky who sits arthest
from mo . which was sufficient designation to those
present while for the absent, aud for posterity the
name (Nlr Clay) would be put In brackets. He also
addressed the body by the simple collective phrase,
Senators r and this was not accident, hlney, but
system resulting from convictions oil pr0sriety, and
he would allow no reporter 10 alter II. e lat7f#