The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-17

for If necessary is that the way the President
to haImonlze the animoses existing between pa,ues
keep IL alive IL the way TO unite the whole SCUM upon
the question Of slavery and humbug US wings again ana
sacrifice the best interests of the whole Soutnsavery
and ALTO the perpetuatcn OF political power zap
plause) Loos again beseech you, at Other re;om
mendaon OF the President. The President in uAcnstlc
monetary difficulties Of the world, which shall not un
deItake to here because have Done 1t IN another
quarierand hope that every member of this Conyen-
ton viii have an Opportunity OF seeing t-eu. nc rres
dent tracing the financial difficulties OF 1851, under
when the country labored has Undertaken to acrioe
the extraordinary expansion Of the banks lnthe hrst
place deny that there any such expansions IN the
second place, deny, even il there was any ex'ansoa
that it would produce any such result. canno go into
the question, but will go into the Presidents remedy ior
IT, Why, he proposes that Congress Shall pass bankrupt
law 20 he applied TO the corporations OF the states now
sir State there is not really orsanud cnar
banking corpofation-I don't speak OF ne Tree
banks buI OF tue regularly organized banking ald cha
tered corporations OF tic Sa,ehere is LOT one WHICH
the State herself IS not large stakeholder Inc power
has always been denied by the democratic part! TO IN
federal government 10 incorporate or charter tee s
uons, but the power has always been conceded 10 tue
Sate goverr meLts 10 incorporate hem was suci pre-
ext ever heard Of before 10 DE IN CONSTITUTIONAL sanc
llw? TIE power given 10 one government 10 create
and 10 another to destroy beeveit has been
universally held by all State lights at least tina when
ever power was no. ceded BIZ the States The general
govern ment 1t reserved and thrown into the egsa
OF the States who are as separate and independent o
each other and OF the general government as toe are OF
iorcen goyernrcnis from which infer, that IA tuy Gu
ac,meu OF the Legs Of State, il Is Just as
subject 10 the control OF the British Russian govern
is 10 ,le government OF the United SAFES Tor
ali lega purposes and ali practical results for which the
State Of Virginia Incorporates her banking Institutions
becomes interested stakeholder. A great imam
remor the country and the banks found 1t
necessary order protect themselves to suspend spe
ce payment and they appeal to the lessatlreto legal.
ize this suspension The State does legaze the slspen
Then IN your Buchanan bankrupt law TO
force them into tquoaton ana then into bankruptcy.
Here contest between the power Of tue general go
vernment and tho power Of the State We all Know that
is expressly provided in the constitution that that con
ttuton, all laws made in pursuance OF 1t, shall be
the supreme law OF the land any State constitution or
State law 10 the contrary Notwithstanding. but mark
you that the federal government claims the power OF IN
cor poratng themselves when they conceded AREA
Gy tie state governments. Tben this conflict
between the State and the federal governments What is
TO be the issue? Civil war AS matter of course Where
the State rights partyth party that claims for them
selves that they are the only constitutional party-ihe
only State rights party that can preserve the Institutions
of the States ana of the South especially? These
three remarkable instances of the innovation
OF the State rights pary that have recently occurred
and if the democratic party 90 not adopt the recon-
lnenda.ons Of President, it is only because his
Of service is about to close and his influence
gone. daughter and cheers) Now, gentlemen, DO
charge that this proceeds from corruption on
the part Of leaders, believe there many
of them sound hearted and sound headed II Is the cha
Of their political organization that leads to IT, IL
has taken Up years to build IT, but as it is it is the most
practical COMPACT hypocritca except the Jesus, that
existed IN any country 1t Is party organized Chief
y and mainly upon this great principle, which every
man is required subscribe to, be excluded from all
the Aeshp0ts which the highest punishment known to
their code-(aughter and applause that principle
is that every thing human and divine is to yield TO the
Of party and the participation Of power Neither
the perpeuty Of the Unon the preservation OF the con
siuton peace of the country the prosperity of the
nation the purity Of the bench the sancty Of the
church permitted TO break through the serred ranks
Of this democratic organization. daughter and ap-
pause.) That is the pexorabe rule; and is just
much part OF the policy of the democratic party to
make laws conformity with it, and secure the education
of the youth of this country their doctrines, it is
part of the rule OF the Catholic church all Caho
roc ht Tho nj fhp
plaUse) That js the rule OF the party, based upon no
principle ard having 10 manly incentive to acuae it,
am no aourer Of Mr.. John c. Calhoun. He was bright
and ersc genius always wanting in that great element OF
greatness practical commoa am admirer Of his
theories bet must do MIN the credit to say taat he I'M
dersooo the party thoroughly as any other man IN
the United States He present at its organization as
sisted its brih and never was more profound truth
uttered by man than he had in to his
par,y-that 'held together only by the cohesive
power OF the public plumber" (Applause.) just i'm
agne Henry Clay, whose relations to the wing party
constant by far but not close than those
Calhoun the democratic party had said that OF his
party-suppose Mr. Cay had said, as Il warning to his
couprSmen II know that party was present al ITS or
gan eaton and assisted at its BIRTH have raised up
infancy to its manhood but IL has become cor
rupt it looks 10, to tho peace OF the country the hamo
ny OF sections the perpetuaton OF the unlon the only
thing that holds together the cohesive OF public
puudef' effect would 1t have upon minds?
Can any man measure the extent of the influence that
would have produced upon the minds Of the honest
portion Of the wings of the Unon What effect has il had
upon the democratic enemy Only to make them more
thus that who gets the most the smartest fell
low Uaughter.) Why look at our condition in other
respects. Look at the hibusterng expeditions that are
fitting all over the country-hbusterng they are po
ltely called, but call them pratica expeditions. ZAP
pause. How does ii happen that one man in this nation
the government OF the United States and the laws
of the United States defiance? How does it happen that
Gen. VIM Walker with the proclamation of the President
United States issued every part of the country can
in defiance OF law and Of all its officers get expedition,
SAIL rather before he set SAIL when he got up his
first expedition in New Orleans when was perfectly I'M
derstood by every man that was upon awless course,
upon depredatng upon the property of neghbors
with whom at peace, ana when he was arrested,
brought before Judge Campbell and held to bail for fu
ture trial Of 1000, which was promptly paid
by sympathizDg friends and then dscharged-now does
happen say. that he is suffered 10 board ship
and sail for Nicaragua Orders are issued to arrest
prevent his landing he escapes the vigilance Of
the American squadron aud effects andiDg and III the
spirit his Instructions If not the letter OF was no
violation of the territory OF Nicaragua TO arrest
him her soil than hes waters) Commodore Paulding
and when he is arrested aud brought home
President Of the United States having, in toe mean
time rebuked Judge Campbell for the insucency of the
bal-be is given to Marshal Rynders, who brings
HIM to Washington and surrenders him. But the Presi
dent Informs him. through his Secretary OF state that ne
had nothing do with General Walkers affairs, and he
only turned loose without punishment, but turned
without ball. 20 down Mobile and set out upon
another pira,ca And there he evades the law
again. aud goes OIL upon another expedition against MICA
fsgUa In which he IL only arrested by the camtes Oh
tie sea-by the iu.erposition of Divine Providence,
Who 10 some extent, preserved the honor OF
this country and the peace OF the nation And
yet, such a government as this recommends to Con
gress give him the power TO establish pro,ectorate
Mexico upon the ground that there IS no power IN the
Mexican government 10 restrain Its own awes5 ctzens
deptcdations upon property. We may expect
to have that chace returned TO bps and upon
the principle beg TO know why other Powers
the En- glish and French, Tor nsance-may not propose
10 establish Wotectofae over our own Southern bOr-
des upon the ground that there neither the power nor
the will to restrain awless citzens prevent
them from committing depredations upon neighborsY
(Applause) Now, gentlemen, there Is cause for all
these SINS as have described them. They no, the
results OF accident chance There for them
and what theyS Why, in my humble judgment they
proceed, in the rst place, from the disorganzlon OF
society resulting from the too rapid Introduction OF To-
reign elements INTO population before they com
prcheud the character Of institutions and before
they acquire interest in them In the second place,
they arise from the examples them in high places ana
aiaure upon The part Of public officers 10 see that the
laws are faithfully executed; ana, thirdly, they arise
from the policy Of the democratic party, which, instead
Of giving protection to American industry and labor,
make no part OF the duty Of the government TO take
care OF the labor and Industry of the country, when
constitutes the property OF the nation, while they court
and caress Tags and rowdysm wherever be found
that II can control tue popular elections (Applause)
viii not 20 INTO that question OF profession which am
told was gone into very ably by MIR Scott last night