The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-10-19

gna The headquarters OF the faction. have followed up
the hostile destinations OF their general assembly by
actual PREPARATION OF the means OF supporting them by
iorce that they have taken measures TO put their militia
upon more efficient foong-are preparing considerable
arsenals and magazines and (Which is unequivoca
proof how much they In eanes have gone so FAR as
to lay new taxes upon their ctzens Again he says,
letter 10 King in lS00 1.-THE spirit OF faction rs abaed
nowhere. In Virginia il il more violent than ever. IL
seems demonstrated that the leaders there, who possess
completely all the powers OF the local government are
resolved to possess those of the national by the most
dangerous combinations and il they cannot effect this, TO
resort TO physical force"
Bayard. in letter to Hamilton in 1901, says, al con-
sder The State ambition OF Virginia the oil the
present party. The faction who govern that State aim
to govern the United States Virginia will be sat
ished but when this state OF things exists" Rutedge
IN letter TO Hamilton in 1S0l says: ''Viewing Mr.. j.
and Mr. b. separately each appears improper for The
presidency but looking at them comparatively the ede
alisis think their preierrng Mr.. Burr will be the leas
mischief they DO His promotion will be prodigous-
ly affecting the Virginia faction and must dont the
party" Again Bayard, in letter 10 Hamilton in ls02
speaking OF the hopes OF the federal party says IAN
abandoned by all her xaries; and she would be aban-
doned only upon the ground OF her nmical principles
70 an efficient government" The whole correspondence
between Hamilton and his federal friends during the con.
test between Jefferson and Burr, and indeed after the
election of the former shows the bitterness with which
they regarded her action al that time, and the import
ance which they attached to It, Hamilton, in letter
Norris speaks OF the boa,ed and senseless unlo Of
Virginia !" and Bayard, in letter TO Hamilton Of the
same year talks ofhs proud and aspiring lords Of The
ancient Dominion" Mr.. President, | mention these
things not matter OF feeling and resentment but
part oil the history OF the times have always believed
that the federal leaders OF that day were both patriotic
and able and, wide has been the difference OF opinion
between US upon principles, still | have not doubted
their motives. refer TO these things to show the im-
poriance they attached 10 The action Of the Vgnians OF
that day. and their opinion as to The origin OF the new
school, lwlshed, too TO give their picture OF the times
not merely ~ outline, but in coloriDg.
L is amusing. Mr. President. 10 compare the i'll omened
predictions with which the federaiss Of that day in their
correspondence as il appears in the Hamilton papers,
garded the advent OF Mr.. Jefferson to power They
seemed to expect the destruction of the necessary es-
tabshments OF the government of radicalism,
sort OF wild democratic saurnala and the most hopeful
amongst them regarded it certain that Mr. Jefferson
and his party must break down. without any exertion
on our parl,' says Bayard TO Hamilton in 1902 Sin the
course OF two or three years they will render every hoa
est man in the country our proseyte." So much did
Hamilton fear the progress OF these principles that in bis
letter to Dayton, from which have before quoted he
declares the necessity of counieracting hem and pro-
posed means Tor that purpose which show what his
tenn would have been could he have directed the AmeTi-
can people The influence of the general government
was to be extended object OF primary importance
federal justices OF the TO be appointed in each
county, 10 be compensated by fees for their services
roads OF the country were TO be improved society ns
tued 10 encourage agriculture and the arts Roads
10 be made but, remarkably enough, the power TO make
canals he thought ought TO be added by article
the constitution law to be enacted TO protect pub
lie officers against lIbels and possible the large States
Ose 10 be divded and this he seemed 10 think OBJ
ect OF the very hrst magnitude Such then. Mr. pes-
dent the fears of the ederalsts in relation the
republican party and such the eypediens by which that
party was 10 be defeated and counleTacied.
How sgnay did the course Of events dsappoint these
predictions and expectations! MIR Jefferson administered
the government not only ior these Tour years, but Tor
four Others and he succeeded by Madison and Mon
who were OF the school OF politics, and admin
sleed the government for eight years each The future
historian OF this country will hereafter refer to these adj
mnlstraions the halcyon period OF the republic He will
say OF them that although not free from errors, OF
which were o grave character, yet they saved the fed
eTal government from the vortex OF Capitalization and its
manifest mlscheis and gave it right direction He
will say OF the men themselves that, Notwithstanding
their occasional errors they conducted the ship OF State
under trying and dflcult circumstances, with mod
eraiion wisdom, and ability He will say of the great
democratic party OF the country, no, that it has
ever, up 10 this year, at least, planted itself fully
and squafely upon the doctrines OF the Virginia
school. but that for long period lis chosen leaders
were from that school, aud not only have its ten
dencies been IN the direction OF those principles but its
ends only be fully accomplished by faithful ad-
herence to them, as il is upon those principles alone that
democracy can be made compatible with individual lib
ery and free representative form OF government When
he demonstrates from past history that the tendencies OF
the democratic party have always been towards the pn.
cpes OF that great school, he will say OF il that has al
way been most and prosperous when adhered
most closely 10 those doctrines and has experienced
reveses and suffered most from differences and collisions
when il departed the widest from them. When pursuing
that rold the democratic column never faters stops
lis progress onwards Ii Is when il departs from thai
track that lis course becomes devious aud uncertain
Take the first OF those great political issues which was
prominent enough to have survived those who originated
It, Take the United States Bank-an institution devised
by Hamilton for the purpose OF controlling the credit and
exchanges OF the country, and which thus drew the
whole OF that vast subject within the sphere OF federal
power admit that 10 the earlier history Of The Issue
there individuals and portions OF the democratic
party which favored the measures there were times too
when the great democratic column wavered aud bent be-
fore the obstacle But after than the third of CEN
tury the party united as Tar any party unes TO
destroy the institution. Not only did they overthrow the
bank but they substituted for precise ac
cordance with the principles OF the Virginia school
mean. SIRE the independent treasury which leaves the
whole subject OF credit and exchange TO State manage.
men and individual competition. What has been the re-
suit We have not only rid ourselves OF the bank
with It's disturbing and corruptng influences upon trade
and politics. but we have substituted a scheme by which
society manages this vast business for itself, under tile
operation OF the natural laws OF trade without trouble
the government disturbance TO itself So well has the
system worke that no talks OF repeating II its bit
tefesi opponents senced by practical experience, and
we no longer hear OF /, as an issue between parties.
Take next the protective system and here again
must make admission in regard 10 the democratic
party, similar to the one just made in relation the
bank Still, the free-trade element ia that party constant
ly grew, from the nature of hs objects OF the party,
I'll IN lsid the entire, or almost the entire party, united
to carry that great OF free tradea measure
which established the tariff system ae settled
party could establish policy Under what ill.omened
vacinauons what prophecies OF future mschies, what
groans and complaints that great measure consum.
mated The revenue was TO fall ofo fall far below the
wants OF the governments the great productive interests
were TO suffer atropby and decline; and especially
that OF manufactures 10 perish aud disappear But the
democratic party, reposing iaib in their principles
mari ed 10 he ind wha haa hesn