During the following month an attempt was made to appropriate and pledge the bonus paid by the United States bank into the public treasury, as a permanent fund to be employed in constructing works of internal improvement. Mr. Clay gave his hearty concurrence to this measure, declaring his belief that ‘there were no two subjects which could engage the attention of the national legislature, more worthy of its deliberate consideration, than those of internal improvements and domestic manufactures.’ A bill was passed constituting such fund, but the president vetoed it on alleged constitutional grounds.

Mr. Clay’s remarks caused great interest to be felt in behalf of South American liberty, and during the summer following, the president appointed three commissioners, Messrs. Rodney, Graham, and Bland, to proceed to South America, and examine her political, civil and social condition as preliminary to rendering them any assistance. Mr. Clay regarded the appointment as impolitic, and when a bill came before the house in March 1818, providing for the support of government, objected to having it embrace a clause appropriating thirty thousand dollars for their compensation, for constitutional reasons. For it he proposed to substitute an amendment, appropriating eighteen thousand dollars as the outfit and one year’s salary of a minister from the United States to the Independent Provinces of the river La Plata in South America. He accompanied the presentation of the amendment with a speech of great power, evincing great geographical and historical knowledge, and setting forth clearly the condition of the people. The amendment, however, was not adopted.

A Biography of Henry Clay, The Senator from Kentucky: and The life and Speeches of the Hon. Henry Clay — Part 73