A dinner was given to Verplanck on his return from Washington, in the name of several literary gentlemen of New York, but the expense was, in fact, defrayed by a generous and liberal-minded bookseller, Elam Bliss, who held authors in high veneration and only needed a more discriminating perception of literary merit to make him, in their eyes at least, a perfect bookseller. On this occasion Mr. Verplanck spoke well and modestly of the part he had taken in procuring the passage of the new law; mentioned with especial honor the "first and ablest champion" who had then "appeared in this cause," the Hon. Willard Phillips, who had discussed the question in the "North American Review;" referred to the opinions of various eminent publicists, and pointed out that our own Constitution had recognized the right of literary property while it left to Congress the duty of securing it. He closed with an animated view of what American literature ought to be and might be under circumstances favorable to its wholesome and vigorous growth. We listened with delight and were proud of our Representative. During Mr. Verplanck's fourth and last term in Congress he became separated from his associates of the Democratic party by a difference in regard to the Bank of the United States. General Jackson had laid rough hands on this institution and removed to the State banks the public money which had till then been entrusted to its keeping. Many of our best men had then a high opinion of the utility of the bank, and thought much better of its management than, as afterwards appeared, it deserved. The Whig party declared itself in favor of the bank. Mr. Calhoun and the Southern politicians of his immediate school joined them on this question, and Mr. Verplanck, who regarded the bank with a friendly eye, found himself on the same side, which proved to be the minority. The time arrived for another election of members of Congress from this City. The Democratic party desired to re-elect Mr. Verplanck, if some assurance could be obtained from him that he would not oppose the policy of the Administration in regard to the bank. That party understood very well his merits and his usefulness, and made a strong effort to retain him, but he would give no assurance, even to pursue a neutral course, on the bank question, and accordingly his name was reluctantly dropped from their list of nominations. A long separation ensued between him and those who up to that time had been his political associates.