A Biography of Henry Clay, the Senator from Kentucky: Containing Also, a Complete Report of All His Speeches; Selections From His Private Correspondence; Eulogies in the Senate and House; and a Poem, by George D. Prentice, Esq.
History
A Biography of Henry Clay, the Senator from Kentucky: Containing Also, a Complete Report of All His Speeches; Selections From His Private Correspondence; Eulogies in the Senate and House; and a Poem, by George D. Prentice, Esq.
Clay, Henry, 1777-1852; Speeches, addresses, etc., American
On the third day of December, 1810, the commencement of the third
session of the eleventh congress, Mr. Clay was found in his place
in the senate. A subject that had been much agitated in private many
months previous, and up to that time, was now brought forward for
public discussion――that of re-chartering the United States bank. This
was the all absorbing topic of the session, and called into exercise
Mr. Clay’s most vigorous powers. His instructions from the legislature
of Kentucky required him to oppose the re-charter of that institution,
and these were in coincidence with his own views relative to it. It
had been his design to limit his opposition to merely recording his
vote against the renewal of its charter, without entering into the
discussion which would probably ensue, but the virulent and menacing
character of the proceedings of those advocating its re-charter,
unsealed his lips, and caused him to apply the lash of his eloquence
to their backs with most tremendous effect. These embraced the whole
body of the federal, and many of the democratic party――an array of
members and strength which might have deterred any ordinary man from
confronting. Against this, he stood almost alone, deserted even by
Mr. Pope, his colleague: yet he stood firm; and, from the effect that
followed his exertions, proved himself more deserving the title of
‘Macedonian Phalanx,’ than the federal party to whom he had applied it.
The attack was provoked by that party, and it was made in the spirit
of conscious might, which not only meets opposition with the utmost
certainty of overthrowing, but which seeks it. He alluded to that
deep-seated prejudice in the public mind, against the bank, and the
foundation of that prejudice. It did not escape his notice that the
bank was created by the federal party――its warmest and most devoted
friends, then resorting to every expedient and means to prolong its
existence. He was also well aware of the aid rendered that party, by
Mr. Crawford and others, who had in this measure left the democratic
ranks and gone over to it. He referred, also, to the astounding fact,
that the institution was in reality in the hands of foreigners, since
foreign capitalists were more deeply interested in its continuance than
our own, who owned a moiety only of its stock; neither did he fail to
suggest, that perhaps the violent struggle then going on to keep it in
existence, was instigated and maintained, to no inconsiderable extent,
by foreign influence. In no equivocal manner he depicted the absurdity,
to say nothing of the danger, of permitting Great Britain to acquire
such an influence as she evidently could acquire, by having her
monetary interests, to so great an extent, identified with the United
States bank――an influence which would place facilities in her hands,
that, in case she felt disposed, she could use to our most serious
detriment. These and many other considerations, he brought forward as
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