This is a very different political creed from that promulgated by President Jefferson when the Republican party first gained possession of the Government at Washington. Then, decrease in all the elements of power in the hands of the central Government, and careful maintenance of all the rights and powers of the {3} "States," were recommended and urged upon the attention of the national lawgivers. [Sidenote: Change in the principles of the Republican party.] From a "States'-sovereignty" party in 1801, the Republican party had manifestly become a strong national party in 1816; that is, if we are to take the two Presidential messages, to which we have referred, as containing the political principles of that party at these two periods of its existence. As the Congress of 1801 showed itself, in its legislation, to be in substantial accord with President Jefferson's views and sentiments, so did the Congress of 1815 manifest, in its legislation, the same general harmony with the views and sentiments of President Madison. In order that the latter part of this statement may be set down as an established fact of history, we will review with some particularity the two cardinal acts of this Congress--the United States Bank Act and the Tariff Act. [Sidenote: The United States Bank Act of 1816.] So soon as the reading of President Madison's message before the House of Representatives was completed, that body resolved to refer that part of the message which related to the establishment of an uniform national currency to a select committee. The committee chosen was composed of Mr. Calhoun, Mr. Macon, Mr. Pleasants, Mr. Tucker, Mr. Robertson, Mr. Hopkinson, and Mr. Pickering. The first five of these gentlemen were from Commonwealths south of the Pennsylvania line, and only two, therefore, from what began now to be called the "non-slave-holding States." In other words, it was a Southern committee, and the great South Carolinian was its chairman. It is, therefore, just to regard the bill which this committee brought in, and the arguments with which they supported it, as containing the views and the sentiments of the leading Southern Republicans in the House. {4} [Sidenote: Report of the Bank Bill by Mr. Calhoun.]