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Sign up freeThe National Republican And Cincinnati Daily Mercantile Advertiser
Cincinnati, Hamilton County, Ohio
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Rumors from exchange papers indicate Mr. Calhoun has proposed to Mr. Clay abandoning the American System in exchange for suspending the Nullification Ordinance, contingent on gradual tariff reduction to government needs. Commentary criticizes this as bargaining away reserved rights, noting Calhoun, Hayne, and Hamilton's power to suspend it.
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Rumors that Mr. Calhoun has made overtures to Mr. Clay to abandon the American System in exchange for suspending the Ordinance of Nullification, if Mr. Clay influences or pledges gradual tariff reduction to government wants. Commentary notes this bargains away reserved rights and questions the ordinance's significance given Calhoun, Hayne, and Hamilton's ability to suspend it.