The sub-treasury bill was first taken up and promptly passed and signed. Benton, of course, led the hopeless fight against it, making a long and elaborate speech, insisting that the finances were in excellent shape, as they were, showing the advantages of hard money, and denouncing the bill on account of the extreme suddenness with which it took effect, and because it made no provision for any substitute. He also alluded caustically to the curious and anomalous bank bill, which was then being patched up by the Whig leaders so as to get it into some such shape that the president would sign it.
The other three important measures, that is, the bank, distribution, and bankruptcy bills, were all passed nearly together; as Benton pointed out, they were got through only by a species of bargain and sale, the chief supporters of each agreeing to support the other, so as to get their own pet measure through. "All must go together or fall together. This is the decree out of doors. When the sun dips below the horizon a private congress is held; the fate of the measures is decided; a bundle is tied together; and while one goes ahead as a bait, another is held back as a rod."
The bankruptcy bill went through and was signed. It was urged by all the large debtor class, whose ranks had been filled to overflowing by the years of wild speculation and general bank suspension and insolvency. These debtors were quite numerous enough to constitute an important factor in politics, but Benton disregarded them nevertheless, and fought the bill as stoutly as he did its companions, alleging that it was a gross outrage on honesty and on the rights of property, and was not a bankrupt law at all, but practically an insolvent law for the abolition of debts at the will of the debtor. He pointed out grave and numerous defects of detail, and gave an exhaustive abstract of bankruptcy legislation in general; the speech gave evidence of the tireless industry and wide range of learning for which Benton was preëminently distinguished.
The third bill to be taken up and passed was that providing for the distribution of the public lands revenue, and thus indirectly for assuming the debts of the states. Tyler, in his message, had characteristically stated that, though it would be wholly unconstitutional for the federal government to assume the debts of the states, yet it would be highly proper for it to give the latter money wherewith to pay them. Clay had always been an enthusiastic advocate of a distribution bill; and accordingly one was now passed and signed with the least possible delay. It was an absolutely indefensible measure. The treasury was empty, and loan and tax bills were pending at the very moment, in order to supply money for the actual running of the government. As Benton pointed out, Congress had been called together (a special session having been summoned by Harrison before his death) to raise revenue, and the first thing done was to squander it. The distribution took place when the treasury reports showed a deficit of sixteen millions of dollars. The bill was pushed through mainly by the states which had repudiated their debts in whole or in part; and as these debts were largely owed abroad, many prominent foreign banking-houses and individuals took an active part in lobbying for the bill. Benton was emphatically right in his opposition to the measure, but he was very wrong in some of the grounds he took. Thus he inveighed vigorously against the foreign capitalists who had come to help push the bill through Congress; but he did not have anything to say against the scoundrelly dishonesty displayed by certain states towards their creditors, which had forced these capitalists into the endeavor to protect themselves. He also incidentally condemned the original assumption by the national government of the debts of the states, at the time of the formation of the Constitution, which was an absolute necessity; and his constitutional views throughout seem rather strained. But he was right beyond cavil on the main point. It was criminal folly to give the states the impression that they would be allowed to create debts over which Congress could have no control, yet which Congress in the end would give them the money to pay. To reward a state for repudiating a debt by giving her the wherewithal to pay it was a direct and unequivocal encouragement of dishonesty. In every respect the bill was wholly improper; and Benton's attitude towards it and towards similar schemes was incomparably better than the position of Clay, Webster, and the other Whigs.
Both the bankrupt bill and the distribution bill were repealed very shortly; the latter before it had time to take effect. This was an emphatic indorsement by the public of Benton's views, and a humiliating rebuke to the Whig authors of the measures. Indeed, the whole legislation of the session was almost absolutely fruitless in its results.
One feature of the struggle was an attempt by Clay, promptly and successfully resisted by Benton and Calhoun, to institute the hour limit for speeches in the Senate. There was a good deal of excuse for Clay's motion. The House could cut off debate by the previous question, which the Senate could not, and nevertheless had found it necessary to establish the hour limit in addition. Of course it is highly undesirable that there should not be proper freedom of debate in Congress; but it is quite as hurtful to allow a minority to exercise their privileges improperly. The previous question is often abused and used tyrannically; but on the whole it is a most invaluable aid to legislation. Benton, however, waxed hot and wrathful over the proposed change in the Senate rules. He, with Calhoun and their followers, had been consuming an immense amount of time in speech-making against the Whig measures, and in offering amendments; not with any hopes of bettering the bills, but for outside effect, and to annoy their opponents. He gives an amusingly naive account of their course of action, and the reasons for it, substantially as follows:—
The Democratic senators acted upon a system, and with a thorough organization and a perfect understanding. Being a minority, and able to do nothing, they became assailants, and attacked incessantly; not by formal orations against the whole body of a measure, but by sudden, short, and pungent speeches directed against the vulnerable parts, and pointed by proffered amendments. Amendments were continually offered—a great number being prepared every night and placed in suitable hands for use the next day—always commendably calculated to expose an evil and to present a remedy. Near forty propositions of amendment were offered to the first fiscal agent bill alone—the yeas and nays were taken upon them seven and thirty times. All the other prominent bills—distribution, bankrupt, fiscal corporation, new tariff act, called revenue—were served the same way; every proposed amendment made an issue. There were but twenty-two of us, but every one was a speaker and effective. The "Globe" newspaper was a powerful ally, setting out all we did to the best advantage in strong editorials, and carrying out our speeches, fresh and hot, to the people; and we felt victorious in the midst of unbroken defeats.
It is no wonder that such rank filibustering, coupled with the exasperating self-complacency of its originators, should have excited in Whig bosoms every desperate emotion short of homicidal mania.
Clay, to cut off such useless talk, gave notice that he would move to have the time for debate for each individual restricted; remarking very truthfully that he did not believe the people at large would complain of the abridgment of speeches in Congress. But the Democratic senators, all rather fond of windy orations, fairly foamed at the mouth at what they affected to deem such an infringement of their liberties; and actually took the inexcusable resolution of bidding defiance to the rule if it was adopted, and refusing to obey it, no matter what degree of violence their conduct might bring about,—a resolution that was wholly unpardonable. Benton was selected to voice their views upon the matter, which he did in a long, and not very wise speech; while Calhoun was quite as emphatic in his threats of what would happen if attempt should be made to enforce the proposed rule. Clay was always much bolder in opening a campaign than in carrying it through; and when it came to putting his words into deeds, he wholly lacked the nerve which would have enabled him to contend with two such men as the senators from Missouri and South Carolina. Had he possessed a temperament like that of either of his opponents, he would have gone on and have simply forced acquiescence; for any legislative body can certainly enforce what rules it may choose to make as to the conduct of its own members in addressing it; but his courage failed him, and he withdrew from the contest, leaving the victory with Democrats.
When the question of the re-charter of the district banks came up, it of course gave Benton another chance to attack his favorite foe. He offered a very proper amendment, which was voted down, to prohibit the banks from issuing a currency of small notes, fixing upon twenty dollars as being the lowest limit. This he supported in a strong speech, wherein he once again argued at length in favor of a gold and silver currency, and showed the evil effects of small bank-notes, which might not be, and often were not, redeemable at par. He very properly pointed out that to have a sound currency, especially in all the smaller denominations, was really of greater interest to the working men than to any one else.