Speech of Henry Clay, of Kentucky, on the Bill Imposing Additional Duties, as Depositaries, in Certain Cases, on Public Officers
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| Stand: | 2015-08-04 03:50:33 |
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Excerpt from Speech of Henry Clay, of Kentucky, on the Bill Imposing Additional Duties, as Depositaries, in Certain Cases, on Public Officers: In Senate of the United States, September 25, 1837 The Senate having resumed the consideration of the bill imposing additional duties, as depositaries of the public moneys, on certain officers of the General Government- Mr. Clay rose and addressed the Senate upwards of three hours. He commenced by observing that, feeling an anxious desire to see some effectual plan presented to correct the disorders in the currency, and to restore the prosperity of the country, he had avoided precipitating himself into the debate now in progress, that he might attentively examine every remedy that should be proposed, and impartially weigh every consideration urged in its support. No period had ever existed in this country, in which the future was covered by a darker, denser, or more impenetrable gloom. None, in which the duty was so imperative to discard all passion and prejudice, all party ties, and previous bias, and look, exclusively to the good of our afflicted country. In one respect - and he thought it a fortunate one - our present difficulties are distinguishable from former domestic troubles, and that is their universality. They are felt, it is true, in different degrees, but they reach every section, every State, every interest, almost every man in the Union. All feel, see, hear, know their existence. As they do not array, like our former divisions, one portion of the Confederacy against another, it is to be hoped that common sufferings may lead to common sympathies and common councils, and that we shall, at no distant day, be able to see a clear way of deliverance. If the present state of the country were produced by the fault of the People; if it proceeded from their wasteful extravagance and their indulgence of a reckless spirit of ruinous speculation; if public measures had no agency whatever in bringing it about, it would nevertheless be the duty of Government to exert all its energies and to employ all its legitimate powers to devise an efficacious remedy. But if our present deplorable condition has sprung from our rulers; if it is to be clearly traced to their acts and operations, that duty becomes infinitely more obligatory; and Government would be faithless to the highest and most solemn of human trusts should it neglect to perform it. And is it not too true that the evils which surround us are to be ascribed to those who have had the conduct of our public affairs? In glancing at the past, (continued Mr. C.) nothing can be further from my intention than to excite angry feelings, or to find grounds of reproach. It would be far more congenial to my wishes that, on this occasion, we should forget all former unhappy divisions and animosities. But, in order to discover how to get out of our difficulties, we must ascertain, if we can, how we got into them. Prior to that series of unfortunate measures which had for its object the overthrow of the Bank of the United States, and the discontinuance of its fiscal agency for the Government, no People upon earth ever enjoyed a better currency, or had exchanges better regulated, than the People of the United States. Our monetary system appeared to have attained as great perfection as any thing human can possibly reach. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
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