History of the United States of America, Volume 3 (of 9) : $b During the second administration of Thomas JeffersonAdams, Henry
History
History of the United States of America, Volume 3 (of 9) : $b During the second administration of Thomas Jefferson
Adams, Henry
United States -- History -- 1801-1809; United States -- History -- 1809-1817
“Swartwout the marshal, to whom in his duel with Clinton Smith
was second, summoned a panel of jurors the greater part of which
were of the bitterest Federalists. His letter, too, covering to
a friend a copy of ‘Aristides,’ and affirming that every fact
in it was true as Holy Writ. Determined unanimously that he be
removed.”
Thanks to Swartwout’s jury and to Madison’s share in Miranda’s
confidence, Smith was acquitted. As in many other government cases, the
prosecution ended in a failure of justice.
The Spaniards easily defeated Miranda, and captured or drove away
his forces. Events followed with such rapidity that this episode was
soon forgotten. Yrujo did his utmost to keep it alive. The Federalist
newspapers printed more than one attack on Madison evidently from
Yrujo’s pen, which annoyed the secretary and his friends; while
Yrujo remained in the country only by way of bravado, to prove the
indifference of his Government to the good-will of the United States.
On the Texan frontier the Spaniards showed themselves in increasing
numbers, until a collision seemed imminent. Wilkinson, on his side,
could collect at Natchitoches no force capable of holding the Red River
against a serious attack. Whether Wilkinson himself were not more
dangerous than the Spaniards to the government of the United States
was a question which disturbed men like John Randolph more than it
seemed to interest Jefferson.
Fortunately the Treasury was as strong as the Army and the Foreign
Department were weak. Gallatin made no mistakes; from the first he had
carried the Administration on his shoulders, and had defied attack.
Duane hated him, for Gallatin’s influence held Duane in check, and
seemed the chief support of Governor McKean in Pennsylvania; but
Duane’s malignity could find no weak point in the Treasury. The revenue
reached $14,500,000 for 1806, and after providing the two millions
appropriated for the Florida purchase, left a balance for the year of
four hundred thousand dollars beyond all current demands. The Treasury
held a surplus of at least four millions. The national debt was reduced
to less than $57,500,000; and this sum included the Louisiana stock of
$11,250,000, which could not be paid before the year 1818. After the
year 1808, Gallatin promised an annual surplus of five or six millions,
ready for any purpose to which Congress might choose to apply it. Even
the Federalists gave up the attempt to attack the management of the
Treasury; and if they sometimes seemed to wish for a foreign war, it
was chiefly because they felt that only a war could shake the authority
and success of Gallatin. “For many years past,” wrote Timothy Pickering
in 1814,[151] “I have said, ‘Let the ship run aground! The shock will
throw the present pilots overboard; and then competent navigators will
get her once more afloat, and conduct her safely into port.’” Only war
with England, by breaking down the Treasury, could effect Pickering’s
purpose.
Public-domain text, read in full here on John Shaqi.
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