Jackson realized that such charges needed his attention. Calhoun read his letter before the senate pronouncing it a cowardly attempt to intimidate, and repeated his charges; stating that not only persons high in authority were implied in the charge, but the president's nephew, calling his name, was a large speculator.
During the administration of Van Buren came the great financial crash of our history; the aggregate of the failures in New York and New Orleans alone amounting to $150,000,00. All this trouble had been foretold by Calhoun.
Mr. Van Buren's plan of an independent treasury, which created a place for all the surplus to accumulate, met with Calhoun's approval, and he accordingly separated from Webster and Clay to act in support of what was right, notwithstanding his personal feelings toward Van Buren. This illustrates the principle of Mr. Calhoun. Notwithstanding his known idea of right and wrong, this aroused the indignation of his late allies, who could ill spare his vote and powerful influence. The fact that this measure, which he had determined to support, is still in existence, proves conclusively the wisdom of Calhoun as against both Webster and Clay.
Yet, in reply to Calhoun's speech on the Independent Treasury bill, Clay used the strongest language, charging him with desertion, and making his whole life the subject of one of those powerful invectives so characteristic with him. Calhoun answered; Clay replied on the spot, and Calhoun answered back.
This was a wonderful example of the different styles of oratory of which each was master; Clay, of declamation, invective, wit, humor and bitter sarcasm; Calhoun of clear statement and close reasoning. This contest, aside from its oratorical power, deserves a place in history. In answer to Clay's attack on his life he replied: "I rest my public character upon it, and desire it to be read by all who will do me justice."
As a debater, where close reasoning was essential, he was an acknowledged leader. The tariff laws of Jackson's time which brought this nullification doctrine prominently before the country were acknowledged to be drawn in favor of the North, as against the South. The least that can be said is that he was honest; and that he was able to defend his doctrine no one disputes. Happily manufacturing interests are now investing in the South, and the tariff question will right itself.
Mr. Calhoun was brilliant and his great aim in life was the defense of slavery. He regarded that institution as essential to the very existence of the Southern States; therefore thought that the abolition of slavery would tend to the overthrow of the South. He declared that the Constitution should be revised.
Although never publicly proclaiming such a method, yet it seemed that his idea was to elect two Presidents, one from the slave and one from the free States, and that no bill of Congress could be ratified without their approval. But if Mr. Calhoun was honest in this, as he no doubt was, yet his measure would tend to take the power from the many and place it within the few, which is contrary to democratic ideas of good government.
It was on March 13th, 1850, that he fell exhausted at the close of his speech in answer to General Cass, and died soon after. Mr. Webster's funeral oration delivered in the Senate upon the announcement of his death is a most eloquent yet unexaggerated account of the virtues of John C. Calhoun.
"Calhoun was a part of his own intellectual character, which grew out of the qualities of his mind. It was plain, strong, wise, condensed, concise, still always severe. Rejecting ornament, not often seeking illustration; his power consisted in the plainness of his propositions, the clearness of his logic, and the earnestness and energy of his manner. No man was more respectful to others; no man carried himself with greater decorum; no man with superior dignity. I have not, in public or private life, known a man more assiduous in the discharge of his duties. Out of the Chambers of Congress he was either devoting himself to the acquisition of knowledge pertaining to the immediate subject of the duty before him, or else he was indulging in those social interviews in which he so much delighted.