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d he, in 1825, "let us remember that it is only religion and morals and knowledge that can make men respectable and happy under any form of government; that no government is respectable which is not just; that without unspotted purity of public faith, without sacred public principle, fidelity, and honor, no mere form of government, no machinery of laws, can give dignity to political society." Thus did he discourse in those proud days when he was accepted as a national idol and a national benefactor,--those days of triumph and of victory, when the people gathered around him as they gather around a successful general. Ah! how they thronged to the spot where he was expected to speak,--as the Scotch people thronged to Edinboro' and Glasgow to hear Gladstone:-- "And when they saw his chariot but appear, Did they not make an universal shout, That Tiber trembled underneath her banks To hear the replication of their sounds Made in her concave shores?" But it is time that I allude to those great services which Webster rendered to his country when he was a member of Congress,--services that can never be forgotten, and which made him a national benefactor. There were three classes of subjects on which his genius pre-eminently shone,--questions of finance, the development of American industries, and the defence of the Constitution. As early as 1815, Mr. Webster acquired a national reputation by his speech on the proposition to establish a national bank, which he opposed, since it was to be relieved from the necessity of redeeming its notes in specie. This was at the close of the war with Great Britain, when the country was poor, business prostrated, and the finances disordered. To relieve this pressure, many wanted an inflated paper currency, which should stimulate trade. But all this Mr. Webster opposed, as certain to add to the evils it was designed to cure. He would have a bank, indeed, but he insisted it should be established on sound financial principles, with notes redeemable in gold and silver. And he brought a great array of facts to show the certain and utter failure of a system of banking operations which disregarded the fundamental financial laws. He maintained that an inflated currency produced only temporary and illusive benefits. Nor did he believe in hopes which were not sustained by experience. "Banks," said he, "are not revenue. They may afford facilities for its collection a
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