He said that such a contest, if persisted in, would ruin the party and deprive them of the fruits of their victory, besides imperilling the important foreign policy then just initiated.

He strove to allay the excitement, and resisted the passage of any new bank measure, much as he wished the establishment of such an institution, advising postponement and delay for the sake of procuring harmony if possible.

But the party in Congress would not be quieted.

They were determined to force Mr.Tyler's hand at all hazards, and while the new bill was pending, Mr.
Clay, stung by the taunts of Mr.Buchanan, made a savage attack upon the President.

As a natural consequence, the "Fiscal Corporation" scheme shared the fate of its predecessor.