SPEECH

OF THE

HON. HENRY CLAY, OF KENTUCKY,

ESTABLISHING

A deliberate design, on the part of the late and present Executive of the United

COMMENCING WITH THE BANK OF THE UNITED STATES, AND
TERMINATING WITH THE STATE BANKS,

AND TO

CREATE ON THEIR RUINS A GOVERNMENT TREASURY BANK,

UNDER THE EXCLUSIVE CONTROL OF THE EXECUTIVE;

AND IN

REPLY TO THE SPEECH OF THE HON. J. C. CALHOUN,

OF SOUTH CAROLINA,

SUPPORTING THAT TREASURY BANK.

Delivered in the Senate of the United States, February 19, 1838.

WASHINGTON:

PRINTED BY GALES AND SEATON.

1838.