Page:Life of Henry Clay (Schurz; v. 1).djvu/368

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356
HENRY CLAY.

feat the renewal with his veto, he would only ruin himself. He had already greatly weakened his popularity by attacking the bank. It had many friends in the Jackson party who would stand by it rather than by the President. Being located in Philadelphia, the bank wielded great power and enjoyed great popularity in Pennsylvania, the hotbed of Jacksonism. Losing that state, Jackson would lose the election. Moreover, the bank had a strong hold upon the business interests of the country everywhere, and everywhere those interests would support the bank in a decisive struggle. The bank issue was therefore the strongest which the National Republicans could put forward. That issue should be made as sharp as possible, and to give it a practical shape, the renewal of the charter should be applied for at the present session of Congress. Such was Clay's reasoning and advice, or rather his command; and both the bank and the party obeyed.

On December 12, 1831, the convention of the National Republicans was held at Baltimore. Clay was nominated unanimously, and with the greatest enthusiasm, for the presidency. The nomination for the vice-presidency fell to John Sergeant of Pennsylvania, a man of excellent character, whom we remember to have met, at the time of the struggle about the admission of Missouri, as one of the strongest advocates of the exclusion of slavery. The convention also issued an address to the people, which eulogized the Bank of the United States,