Immediately after the passage of the resolutions excluding the protest, Mr. Clay introduced others, providing for the restoration of the deposits, and reiterating the insufficiency of the secretary’s reasons for removing them, and remarked, that whatever might be the fate of the resolutions at the other end of the capitol, or in any other building, that consideration ought not to influence, in any degree, their action. They passed the senate, but, as had been expected, were laid on the table in the house.

During the celebrated session, of 183334, known as the panic session, Mr. Clay performed an amount of labor seldom equalled. He let no suitable occasion pass, without opposing the despotic proceedings of the president, and raising his warning voice against his suicidal policy. The distress caused by the removal of the deposits, and consequent curtailment of the issues of the United States bank, called forth memorials from the people, which poured into congress continually, denouncing the president’s financial experiment, and calling for relief. Many of these were presented by Mr. Clay, who generally accompanied them by a brief speech. One, which he made in presenting a memorial from Kentucky, and one from Troy, contains an accurate and faithful picture of the condition of the country at that period. The evils of the ‘pet bank system,’ soon began to develope themselves. On one occasion, in alluding to it, Mr. Clay remarked as follows. ‘The idea of uniting thirty or forty local banks for the establishment and security of an equal currency, could never be realized. As well might the crew of a national vessel be put on board thirty or forty bark canoes, tied together by a grape vine, and sent out upon the troubled ocean, while the billows were rising mountains high, and the tempest was exhausting its rage on the foaming elements, in the hope that they might weather the storm, and reach their distant destination in safety. The people would be contented by no such fleet of bark canoes, with admiral Taney in their command. They would be heard again calling out for old Ironsides, which had never failed them in the hour of trial, whether amidst the ocean storm, or in the hour of battle.’

The session terminated the last of June, when Mr. Clay set out for Kentucky. While travelling in the stage-coach from Charlestown to Winchester, Virginia, he narrowly escaped death, by its upsetting, a young gentleman being instantly killed by his side.

In 183435, the subject of French spoliations came before congress, in considering which, Mr. Clay rendered valuable services. A treaty had been concluded with France, stipulating for indemnification, the first instalment of which was not promptly paid, whereupon the president, with injudicious precipitancy, recommended the passage of a law authorizing reprisals upon French property, unless at the next session of the French chamber provision should be made for its payment. The tendency of this recommendation was most deleterious upon our commercial interests. The subject was referred to the committee on foreign relations, at the head of which the senate had placed Mr. Clay. On the sixth of January, 1835, he read a lengthy and most able report, which detailed, with great minuteness and perspicuity, the facts connected with the subject of the spoliations, which was received with great applause, and twenty thousand copies printed and circulated through the country, which soon restored commercial confidence. The doctrines of the report were such as commended themselves to every patriotic heart—simple, just, exacting to the last tithe our demands on France, but yet deprecating rashness in obtaining them. The committee did not doubt the power of the United States to enforce payment, but deemed it inexpedient to exercise it, until other means had been exhausted. They coincided with the president in a determination to have the treaty fulfilled, but desired to avoid too great haste. They concluded by recommending the senate to adopt a resolution, declaring it ‘inexpedient to pass, at this time, any law vesting in the president authority for making reprisals upon French property, in the contingency of provision not being made for paying to the United States the indemnity stipulated by the treaty of 1831, during the present session of the French chambers.’

On the fourteenth of January, in accordance with previous arrangement, Mr. Clay called for the consideration of the report and its accompanying resolution. It being expected that he would address the senate, the members of the house generally left their seats to listen to him, nor were they disappointed; for he spoke nearly an hour, in strains of eloquence that thrilled the hearts of all who listened to him. After being slightly modified, the resolution passed the senate unanimously, and thus, mainly through the efforts of Mr. Clay, a hostile collision with France was averted, and that pacific intercourse which had previously existed between her and the United States reëstablished, and the consummation of the treaty greatly accelerated. As he justly deserved, his country awarded him sincere praise, for his magnanimous course in achieving this.

Soon after the president’s recommendation of reprisals, the French minister was recalled from Washington, and passports presented to our minister at Paris, by the order of Louis Philippe,the French king, in anticipation of a rupture with the United States. In consequence of these proceedings, Mr. Clay, near the close of the session, made a short report from the committee on foreign relations, recommending that the senate adhere to the resolution previously adopted, await the result of another appeal to the French chambers, and hold itself in readiness for whatever exigency might arise. The advice of the committee was adopted by the senate, and thus terminated the consideration of the subject.

On the fourth of February, 1835, an occasion occurred favorable for the exercise of Mr. Clay’s philanthropic feelings, which he promptly embraced. He had received a memorial from certain Indians of the Cherokee tribe, setting forth their condition, grievances, wants, and rigid and cruel policy pursued towards them by the state of Georgia. A portion desired to remain where they were, and a portion to remove beyond the Mississippi. In presenting their petition, Mr. Clay made remarks which came burning with pathos and eloquence from his inmost soul. He manifested the deepest feeling, as he dwelt upon the story of their wrongs, and their downtrodden state. This he represented as worse than that of the slave, for his master cared for and fed him, ‘but what human being,’ said he, ‘is there, to care for the unfortunate Indian?’ Mr. Clay alluded to the numerous solemn treaties, in which the United States pledged their faith towards the red man, to allow him the unmolested occupancy of his hunting grounds. He was much affected, and many of his audience were bathed in tears. Mr. Clay’s sympathetic feelings flowed forth unbidden, and unchecked by selfish considerations, whenever he beheld suffering humanity, and no class have participated more largely in them than the poor, friendless aborigines. He invariably advocated their claims, and a full redress of their grievances. The presence of a Cherokee chief and a female of the tribe greatly enhanced the interest of the occasion, who seemed to hang upon the lips of the benevolent speaker, and drink in every word as though it had been water to their thirsty souls. In conclusion, Mr. Clay submitted a resolution, directing the committee on the judiciary to inquire into the expediency of making further provision, by law, to enable Indian tribes to whom lands have been secured by treaty, to defend and maintain their rights to such lands, in the courts of the United States. Also, a resolution directing the committee on Indian affairs, to inquire into the expediency of setting apart a district of country west of the Mississippi, for such of the Cherokee nations as were disposed to emigrate, and for securing in perpetuity their peaceful enjoyment thereof, to themselves and their descendants.

A bill was reported to the senate, abating executive patronage, which Mr. Clay supported by a speech, on the eighteenth of February, 1835, embodying an accurate account of the multifarious evils resulting from the selfish and arbitrary course pursued by thechief magistrate—evils which no lover of his country and her liberties could contemplate but with apprehensions of terror. He also spoke in favor of making an appropriation for continuing the construction of the Cumberland road, and against surrendering it to the control of the states through which it passed.

During the session of 18356, a further consideration of the subject of French spoliations was had. Mr. Clay, being again placed at the head of the committee on foreign relations, on the eleventh of January, 1836, introduced a resolution to the senate, calling on the president for information relative to our affairs with France. Three weeks subsequently, he introduced another, calling for the exposé which accompanied the French bill of indemnity, for certain notes which passed between the Duc de Broglie, and our chargé, Mr. Barton, and those between our minister, Mr. Livingston, and the French minister of foreign affairs. With some modifications, these resolutions were adopted.

On the announcement of the president, February eighth, 1836, that Great Britain had offered her mediation between the United States and France, Mr. Clay took occasion to remark that he could not withhold the expressions of his congratulations to the senate, for the agency it had in producing the happy termination of our difficulties with France. If the senate had not, by its unanimous vote of last September, declared that it was inexpedient to adopt any legislative action upon the subject of our relations with France, if it had yielded to the recommendations of the executive, in ordering reprisals against that power, it could not be doubted but that war would have existed, at that moment, in its most serious state.