Fortified by the refreshments, the expungers won a complete victory. If the language of Jackson's admirers was overdrawn and strained to the last degree in lauding him for every virtue that he had or had not, it must be remembered that his opponents went quite as far wrong on the other side in their denunciations and extravagant prophecies of gloom. Webster made a very dignified and forcible speech in closing the argument against the resolution, but Calhoun and Clay were much less moderate,--the latter drawing a vivid picture of a rapidly approaching reign of lawless military violence, and asserting that his opponents had "extinguished one of the brightest and purest lights that ever burnt at the altar of civil liberty." As a proper finale Jackson, to show his appreciation, gave a great dinner to the expungers and their wives, Benton sitting at the head of the table. Jackson and Benton solemnly thought that they were taking part in a great act of justice, and were amusingly unable to see the comic side of their acts. They probably really believed most of their own denunciations of the Bank, and very possibly thought that the wickedness of its followers might tempt them to do any desperate deed. At any rate they enjoyed posing alike to themselves and to the public as persons of antique virtue, who had risked both life and reputation in a hazardous but successful attempt to save the liberties of the people from the vast and hostile forces of the aristocratic "money power."
The best verdict on the expunging resolution was given by Webster when he characterized the whole affair as one which, if it were not regarded as a ruthless violation of a sacred instrument, would appear to be little elevated above the character of a contemptible farce.
Benton was supremely self-satisfied with the part he had played in the struggle with the Bank. But very few thinking men would now admit that his actions, as a whole, on the occasion in question, were to his credit, although in the matter of the branch drafts he was perfectly right, and in that of the re-charter at least occupied defensible ground. His general views on monetary matters, however, were sound, and on some of the financial questions that shortly arose he occupied a rather lonely pre-eminence of good sense among his fellow senators; such being particularly the case as regards the various mischievous schemes in relation to disposing of the public lands, and of the money drawn from their sale. The revenue derived from all sources, including these sales of public lands, had for some years been much in excess of the governmental expenses, and a surplus had accumulated in the treasury. This surplus worked more damage than any deficit would have done.