Answer:
The lines above are an excerpt belonging to the speech to the US senate delivered by American attorney Henry Clay, speaker of the House of Representatives around the 1830s. The assessment requires to integrate a personal interpretation of such document.
Clay's speech is an example of how conflicts have been solved in the US by compromising since the nation's inception, back to the founding.
Clay was delivering his perspective and opinion on the state of South Carolina’s decision of formally withdrawing from the federal union; he was also proposing solutions to the issue, such as the "Compromise Tariff of 1833" which offered to reduce some percentage on certain tariff rates, in the end, the compromise succeeded and the parties benefitted from it.