"He was perfectly sane, and it may be the most perfectly sane orator who ever spoke English."

I have in my possession a good many of Mr. Webster's manuscripts, including his preparations for speeches, letters from him to intimate friends and from his intimate friends to him, a good many bound volumes of political pamphlets, some of them with the autographs of famous authors, and some of his books. From these I select a few which relate to important and interesting events in his life, or throw some additional light upon his habit and method of preparation for public speaking, adding some explanation and comment.

One of the greatest debates in our parliamentary history, only surpassed in importance in Mr. Webster's public life by the debate with Hayne on Foot's Resolution and the debate on the Compromise measures in March, 1850, is the debate on the Sub-Treasury in the early part of the year 1838. Silas Wright introduced the Sub-Treasury Bill January 16, 1838. January 30, 1838, the bill came on for a second reading, and Mr. Wright made an elaborate speech in its support. The next day Mr. Webster spoke. His speech, which is wholly a reply to Wright, makes no allusion whatever to Mr. Calhoun. It is reported in the fourth volume of his works, page 432. I have before me Mr. Webster's notes of preparation for that speech. They constitute a mere brief, all included on six pages of letter-paper, and mostly consisting of mere catch-words. The first sentence or two, however, indicate the difference between Webster and the supporters of the Sub-Treasury:

"Let the government attend to its own business; and let the people attend to theirs."

"Let the government take care of the currency for its own revenue; for all other purposes, let it leave it to the States and to the people."

"Ominous and disheartening sentences. Yet the whole spirit of the Administration and of this bill."

There is no hint in these notes, except the above, of any of the eloquent and weighty sentences with which the speech abounds.

February 15, 1838, Mr. Calhoun spoke on the Independent Treasury Bill. (See, for this speech, his Works, vol. 3, page 202.) He makes an allusion to one of Mr. Webster's arguments, viz., his claim that the government should furnish paper currency. But the speech contains nothing personal or calculated to excite challenge and reply. March 10, 1838, Calhoun makes a second speech on the same bill (reported, Works, vol. 3, page 244). That speech, also, contains hardly any allusion to Mr. Webster. It is devoted almost wholly to a reply to Clay, between whom and Calhoun a very angry personal altercation had arisen. March 12, 1838, Mr. Webster delivered his second speech on the Sub-Treasury, which is reported in his Works, vol. 4, page 424. It occupies seventy-six pages there. Of this, the last thirty-three are a reply to Mr. Calhoun. Calhoun said in his answer, which was made on the 22d of the same month, that Webster delivered this part of his speech with great vehemence, and evidently considered it the most important portion of his remarks. So much of the speech as is a reply to Mr. Calhoun, however, deals chiefly with a speech made by him at the extra session in September, 1837, and with a letter known as the "Edgefield Letter," written by Mr. Calhoun to his constituents in the vacation. I have Mr. Webster's entire preparation for this speech. It is in Webster's handwriting, and consists of eight heads, all on one page of a sheet of small note-paper, labelled on the back, in Webster's handwriting, "Heads of my speech on the Sub-Treasury," and is as follows:

"No. 1. General state of the country and credit system."

"No. 2. Our pecuniary condition and question of excess."