ilitate with that happy
system of government under which Heaven has placed them.
AGRIPPA.
_November 24, 1787._
Agrippa, III.
The Massachusetts Gazette, (Number 387)
FRIDAY, NOVEMBER 30, 1787.
For the Massachusetts Gazette.
TO THE PEOPLE.
It has been proved from the clearest evidence, in two former papers, that
a free government, I mean one in which the power frequently returns to the
body of the people, is in principle the most stable and efficient of any
kind; that such a government affords the most ready and effectual remedy
for all injuries done to persons and the rights of property. It is true we
have had a tender act.(19) But what government has not some law in favour
of debtors? The difficulty consists in finding one that is not more
unfriendly to the creditors than ours. I am far from justifying such
things. On the contrary, I believe that it is universally true, that acts
made to favour a part of the community are wrong in principle. All that is
now intended is, to remark that we are not worse than other people in that
respect which we most condemn. Probably the inquiry will be made, whence
the complaints arise. This is easily answered. Let any man look round his
own neighbourhood, and see if the people are not, with a very few
exceptions, peaceable and attached to the government; if the country had
ever within their knowledge more appearance of industry, improvement and
tranquillity; if there was ever more of the produce of all kinds together
for the market; if their stock does not rapidly increase; if there was
ever a more ready vent for their surplus; and if the average of prices is
not about as high as was usual in a plentiful year before the war. These
circumstances all denote a general prosperity. Some classes of citizens
indeed suffer greatly. Two descriptions I at present recollect. The
publick creditors form the first of these classes, and they ought to, and
will be provided for.
Let us for a moment consider their situation and prospects. The
embarrassments consequent upon a war, and the usual reduction of prices
immediately after a war, necessarily occasioned a want of punctuality in
publick payments. Still, however, the publick debt has been very
considerably reduced, not by the dirty and delusive scheme of
depreciation, but the nominal sum. Applications are continually making for
purchases in our eastern and western lands. Great exertions are making for
clearing off the a
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