FREE BOOKS

Author's List




PREV.   NEXT  
|<   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301   302   303   304   305   306   307   308  
309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   >>   >|  
k!' Forsooth! This assumption plan is nothing more nor less than another of his dastardly schemes to squeeze out of the poor States what little liberty he left them under the Constitution. He could not obtain at Philadelphia all he wished for, but now that Washington has given him both reins, he laughs in our faces. I regret that I ever offered him my hand." "Then our party in Congress will fight him on political grounds?" asked Mrs. Croix. "You may put it that way if you choose. It certainly will not be blinded by his speciousness and aid him in his subtle monarchism. 'Contribute in an eminent degree to an orderly, stable, and satisfactory arrangement of the Nation's finances!' 'Several reasons which render it probable that the situation of the State creditors will be worse than that of the creditors of the Union, if there be not a national assumption of the State debts!' And then his plan of debit and credit, with 'little doubt that balances would appear in favour of all the States against the United States!' My blood has boiled since I read that paper. I have feared apoplexy. He is clever, that West Indian,--do they grow many such?--but he did not select a country composed entirely of fools to machinate in." "My dearest Governor," whispered Mrs. Croix, "calm yourself, pray. Only you can cope with Mr. Hamilton. You must be the colossal spirit without the walls of Congress to whom all will look for guidance. If you become ill, the cause is lost." Clinton composed himself promptly, and asked Elbridge Gerry, of Massachusetts, which, section of the Report he expected to attack first. There were no Federalists present. Gerry shrugged his shoulders and shot a narrow glance of contempt at the Governor. "Give me time, your Excellency, pray. Mr. Hamilton's paper has the thought of a decade in it. It merits at least a week of thought on our part. I never could agree with him in all things, but in some I am at one with him; and I acknowledge myself deeply in his debt, insomuch as he has taught me, among thousands of others, to 'think continentally,' I certainly agree with him that to pay to present holders the full value of their certificates, without discrimination, is a matter of constitutional law, a violation of which would be a menace to the new government. I shall support him on that point at the risk of being accused of speculation." Stone, of Maryland, was striding up and down, but a degree less agitated th
PREV.   NEXT  
|<   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301   302   303   304   305   306   307   308  
309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   >>   >|  



Top keywords:

States

 

Congress

 
Hamilton
 

present

 
thought
 

Governor

 

degree

 
creditors
 

composed

 

assumption


shrugged

 

shoulders

 

Federalists

 
attack
 

narrow

 

glance

 
Excellency
 

Forsooth

 

decade

 

merits


contempt
 

expected

 
Report
 
guidance
 

spirit

 
Massachusetts
 

section

 

Elbridge

 

Clinton

 

promptly


colossal

 

government

 

support

 
menace
 

violation

 

discrimination

 

matter

 

constitutional

 

agitated

 

striding


accused

 

speculation

 
Maryland
 

certificates

 

acknowledge

 

deeply

 

things

 

insomuch

 

holders

 
continentally