Beacon Lights of History, Volume 12: American Leaders. John Lord

Beacon Lights of History, Volume 12: American Leaders - John Lord


Скачать книгу
day, but of not much value to posterity. They are not read and quoted like Webster's masterpieces. They will not compare, except in popular eloquence, with Clay's own subsequent efforts in the Senate, when he had more maturity of knowledge, and more insight into the principles of political economy. But they had great influence at the time, and added to his fame as an orator.

      In the summer of 1814 Clay resigned his speakership of the House of Representatives to accept a diplomatic mission as Peace Commissioner to confer with commissioners from Great Britain. He had as associates John Quincy Adams, James A. Bayard, Jonathan Russell, and Albert Gallatin–the ablest financier in the country after the death of Hamilton. The Commissioners met at Ghent, and spent five tedious months in that dull city. The English commissioners at once took very high ground, and made imperious demands,–that the territory now occupied by the States of Michigan, Illinois, Wisconsin, Indiana, and a part of Ohio should be set apart for the Indians under an English protectorate; that the United States should relinquish the right of keeping armed vessels on the great Lakes; that a part of Maine should be ceded to Great Britain to make a road from Halifax to Quebec, and that all questions relating to the right of search, blockades, and impressment of seamen should remain undiscussed as before the war. At these preposterous demands Clay was especially indignant. In fact, he was opposed to any treaty at all which should not place the United States and Great Britain on an equality, and would not have been grieved if the war had lasted three years longer. Adams and Gallatin had their hands full to keep the Western lion from breaking loose and returning home in disgust, while they desired to get the best treaty they could, rather than no treaty at all. Gradually the British commissioners abated their demands, and gave up all territorial and fishery claims, and on December 14, 1814, concluded the negotiations on the basis of things before the war,–the status quo ante bellum. Clay was deeply chagrined. He signed the document with great reluctance, and always spoke of it as "a damned bad treaty," since it made no allusion to the grievance which provoked the war which he had so eloquently advocated.

      Gallatin and Clay spent some time in Paris, and most of the ensuing summer in London on further negotiations of details. But Clay had no sooner returned to Lexington than he was re-elected to the national legislature, where he was again chosen Speaker, December 4, 1815, having declined the Russian mission, and the more tempting post of the Secretary of War. He justly felt that his arena was the House of Representatives, which, as well as the Senate, had a Republican majority. It was his mission to make speeches and pull political wires, and not perplex himself with the details of office, which required more executive ability and better business habits than he possessed, and which would seriously interfere with his social life. How could he play cards all night if he was obliged to be at his office at ten o'clock in the morning, day after day, superintending clerks, and doing work which to him was drudgery? Much more pleasant to him was it to preside over stormy debates, appoint important committees, write letters to friends, and occasionally address the House in Committee of the Whole, when his voice would sway the passions of his intelligent listeners; for he had the power "to move to pity, and excite to rage."

      Besides all this, there were questions to be discussed and settled by Congress, important to the public, and very interesting to politicians. The war had bequeathed a debt. To provide for its payment, taxes must be imposed. But all taxation is unpopular. The problem was, to make taxes as easy as possible. Should they be direct or indirect? Should they be imposed for a revenue only, or to stimulate and protect infant manufactures? The country was expanding; should there be national provision for internal improvements,–roads, canals, etc.? There were questions about the currency, about commerce, about the Indians, about education, about foreign relations, about the territories, which demanded the attention of Congress. The most important of these were those connected with revenues and tariffs.

      It was this latter question, connected with internal improvements and the sales of public lands, in which Clay was most interested, and which, more than any other, brought out and developed his genius. He is generally quoted as "the father of the protective policy," to develop American manufactures. The genius of Hamilton had been directed to the best way to raise a revenue for a new and impoverished country; that of Clay sought to secure independence of those foreign products which go so far to enrich nations.

      Webster, when reproached for his change of views respecting tariffs, is said to have coolly remarked that when he advocated the shipping interest he represented a great commercial city; and when he afterwards advocated tariffs, he spoke as the representative of a manufacturing State,–a sophistical reply which showed that he was more desirous of popularity with his constituents than of being the advocate of abstract truth.

      Calhoun advocated the new tariff as a means to advance the cotton interests of the South, and the defence of the country in time of war. Thus neither of the great political leaders had in view national interests, but only sectional, except Clay, whose policy was more far-reaching. And here began his great career as a statesman. Before this he was rather a politician, greedy of popularity, and desirous to make friends.

      The war of 1812 had, by shutting out foreign products, stimulated certain manufactures difficult to import, but necessary for military operations, like cheap clothing for soldiers, blankets, gunpowder, and certain other articles for general use, especially such as are made of iron. When the war closed and the ports opened, the country received a great inflow of British products. Hence the tariff of 1816, the earliest for protection, imposed a tax of about thirty-five per cent on articles for which the home industry was unable to supply the demand, and twenty per cent on coarse fabrics of cotton and wool, distilled spirits, and iron; while those industries which were in small demand were admitted free or paid a mere revenue tax. This tariff, substantially proposed by George M. Dallas, Secretary of the Treasury, was ably supported by Clay. But his mind was not yet fully opened to the magnitude and consequences of this measure,–his chief arguments being based on the safety of the country in time of war. In this movement he joined hands with Calhoun, one of his warmest friends, and one from whose greater logical genius he perhaps drew his conclusions.

      At that time party lines were not distinctly drawn. The old Federalists had lost their prestige and power. The Republicans were in a great majority; even John Quincy Adams and his friends swelled their ranks Jefferson had lost much of his interest in politics, and was cultivating his estates and building up the University of Virginia. Madison was anticipating the pleasures of private life, and Monroe, a plain, noncommittal man, the last of "the Virginia dynasty," thought only of following the footsteps of his illustrious predecessors, and living in peace with all men.

      The next important movement in Congress was in reference to the charter of the newly proposed second United States Bank, and in this the great influence of Clay was felt. He was in favor of it, as a necessity, in view of the miserable state of the finances, the suspension of specie payments, and the multiplication of State banks. In the earlier part of his career, in 1811, he had opposed a recharter of Hamilton's National Bank as a dangerous money-corporation, and withal unconstitutional on the ground that the general government had no power to charter companies. All this was in accordance with Western democracy, ever jealous of the money-power, and the theorizing proclivities of Jefferson, who pretended to hate everything which was supported in the old country. But with advancing light and the experience of depreciated currency from the multiplication of State banks, Clay had changed his views, exposing himself to the charge of inconsistency; which, however, he met with engaging candor, claiming rather credit for his ability and willingness to see the change of public needs. He now therefore supported the bill of Calhoun, which created a national bank with a capital of thirty-five million dollars, substantially such as was proposed by Hamilton. The charter was finally given in April, 1816, to run for twenty years.

      Doubtless such a great money-corporation–great for those times–did wield a political influence, and it might have been better if the Bank had been chartered with a smaller capital. It would have created fewer enemies, and might have escaped the future wrath of General Jackson. Webster at first opposed the bill of Calhoun; but when it was afterwards seen that the Bank as created as an advantage to the country, he became one of its strongest supporters. Webster was strongly conservative by nature; but when anything was established, like Lord Thurlow he ceased all opposition, especially if it worked well.

      Конец ознакомительного


Скачать книгу