The Forrest City times. [volume] (Forrest City, Ark.) 1871-1919, 1898-04-22
FORREST CITY, ARK FRIDAY AFTERNOON, APRIL 22 1885,

nlieu. hamilton was also in Washincton's
eaulaet, and except rs to bimetallism
st ioI eAactiy the opposite of all of
tnose principles, convictions and theories
OF government which were represented nv
9eHerson. Hamilton was secretary of the
treasury and made an able and exhaustIva
report On the financial question. He sub.
.n'ttea copy OF ii to Mr.. jefferson. and
~ ~ uelerrlng TO That feature of it relating
10 the TWO metals. said: To annul the use
OF either OF the metals as a money Is TO
aorAuse the quantity Of the circulating me-
alum, and Is liable to all the objections &
which arise from compari of the ben
eiits OF full with the evils of a scanty
T'cuisuon. In answering this letter Mr.
'SHefson wrote to Hamilton as follow ; !:
i concur with you that the unit must
stand on both metals
Against Banks of Issue.
Jenerson was opposed to the funding
anu other nnancial schemes of Mr. HAM
iiton because they would load the coun-
Try with unnecessary burdens and ap-
PedFed 70 be in the interest of stock job
oers ana spectators. He abhorred bank
OF issue as being destructive of the well
idre OF the country and especially did he
oppose the creation of a United States
pank. In letter TO Adams, in 1914 he
said: 1 have ever been an enemy of banks.
| not OF those discounting for cash, but of
those foisting their own paper into cir
culation. Ny zeal against those institu-
tlons was so warm and open at the estab-
nshment of the Bank OF the United States
that l was derided as maniac by the
tribe of bank mongers who were seek
ing to filch from the public their swndling
and barren gains The evils they have en-
gendered are now upon US and the oues-
ton Is how we are to get out of them
AL this time the American people be-
came divided into two parties: one called
federalists were headed by Hamilton and
were strongly in favor of American inde-
pendence, but did not comprehend or un-
derstand democratic government, or dem
ocratic principles. They believed in fol-
lowing the example of European govern
ments; they believed in the government
by wealth tinctured by corruption, and
with them the revolution simply meant
the overthrow of the foreign aristocracy
and ruling force and the substitution of
home aristocracy and ruling force, and
| they had the impudence to denounce JEFF
ferson as demagogue. They believed in
having government control nearly all of
the affairs of the citizens. Under their
theory the citizens existed by permission
of the government.
Pounds the Democracy.
"The other party consisted of the demo-
Gratis. then called republicans, headed by
| Jefferson, and believed in a system of gov
ernment that should interfere as little as
possible with the affairs of the private
individual they believed that all power
rested in the people; that instead of the
people existing by permission of the gov
ernment the government was the creation
and the agent of the people. They were
bitterly opposed to anything like ruling
aristocracy or governing class. They be-
lieved that mankind were capable of self
government and that the highest develop
ment of man could only be attained in free
Institutions.
When Washington retired from the
presidency he was succeeded by John Ad-
ans, federalist of the narrowest type
During his administration the principles of
the federalistic party began to take form.
The whole tendency was against the
masses of the people and in favor of the
central power. The infamous alien and Sc
dtion laws were passed during this admin
istra tion. Frightful strides were made to-
ward strangling the spirit of democratic
institutions and establishing in their stead
the aristocratic principle. Had this policy
become permanent the whole career of the
new republic would have been different,
the oppressed and the liberty-loving of all
! lands would never have sought our shores.
Elected ns President.
"Yut the people of the young republic had
not thrown off a British yoke simply to
wear a more odious home yoke, and in
1900 they rallied under the leadership of
Jefferson and overthrow the odous ad-
/
lican policy of the federalists. Jefferson
was elected president and the Objectionable
legislation of the prior administration was
wiped out at once, the whole policy of The
government was reversed, the face or the
nation was turned toward the morning.
Liberty and progress, humanity and JUS
tice became the watchwords and they
brought to us the best muscle and brain
of the world. The spirit of man, being thus
unclaimed and encouraged in its aspra-
tions and efforts, leaped forward and gave
the republic a career that was without
parallel in all history.
"Jefferson's far-seeing eye perceived the
advantages. of extending our domain. and
under what was known as the Louisiana
purchase we acquired that vast territory
| lying west of the Mississippi and stretch
| ing from New Orleans northwest TO the
Pacific ocean. This was fiercely opposed
by the federalists. But it at once changed
| our character. Instead of being republic
on the Atlantic coast of North America
we became the great American republic.
II was during the eight years of Jeher-
sons administration that the foundations
of our greatness were laid and that our
destiny was shaped. The great mass of
men who do the worlds work, who love
freedom and hate oppression. who love JUS
tice and despise hypocrisy, had been ee-
mented together. The great democratic
party was foundd. That party guided the
ceeded by Madison and he being followed
by Monroe The Monroe doctrine that we
hear much of in recent years was first
officially promulgated to the world by
President Monroe. who was a pupil and
disciple OF jefferson.
Retires Still Poor.
MY friends. find principle OF govern
ment that has helped to make us dis
tinctive and great and you will find 1t
was of democratic and Jeffersonian par
| entage. GIancing at this quarter of a
century during which the breath OF JEFF
| ferson was animating the nation, we find
| that none of these great men INDUCED in
| political huckstering or trading. They
stood for definite principles and resolutely
carried them out. Office came to them in
| cidentally, there was no deception of con-
| stituents, no false promises made before
| election and broken afterward, no efforts
| TO mislead and no betrayal. Jefferson en-
| tered public life wealthy, and served his
country faithfully. He retired from the
presidency poor and died in poverty. In
| fhe light of more recent events am i'm
nelled to declare: Thank God. this great
man retired from office poor There was
nothing to sully his character, nothing 10
| dim the luster of his star.
Cievelund's Political Career.