Inquiry Into the Origin and Course of Political Parties in the United StatesVan Buren, Martin
History
Inquiry Into the Origin and Course of Political Parties in the United States
Van Buren, Martin
Political parties -- United States
think that such considerations ever swayed his course. He treated the
question not as one of personal preference, but as one involving the
chances of good government. In deciding this question he may have erred,
and few in our country can deny or seriously doubt that he did greatly
err; but it was a question that he had a right to entertain, more
especially at the formation of the Government, and one in respect to
which, his opinion having been honestly formed, error could not fairly
be made the subject of reproach.
CHAPTER IV.
Excitement of the Public Mind caused by Hamilton's Measures--Great
Men brought thus into the Political Field--The Preponderance of
leading Politicians and Commercial Classes on the side of
Hamilton--Not so with the Landed Interest--Character of Farmers and
Planters of the United States--Position of the Landed Interest
toward the Anti-Federal Party and toward Hamilton's System--Success
in maintaining its Principles greater in the Southern than in the
Northern States and the Causes thereof--The Landed Interest the
Fountain of the old Republican Party--Course of that Party toward
Washington and his Administration--Decline of the Federal
Party--Hamilton's Course in the Convention the most Brilliant and
Creditable of his Political Career--His Candor and Devotion to
Principle on that Occasion--His subsequent Loss of the Confidence
of the Friends of Republican Government--Coincidences and Contrasts
in the Public Lives of Hamilton and Madison--Their several
Contributions in the First Congress to the Promotion of the
Financial Branch of the Public Service--The Fate and the Fruits of
each--The Country chiefly indebted to them for the
Constitution--Their Treatment of it after its Adoption not the
same--The Provision authorizing Amendments necessary to save the
Constitution from Rejection--Memorials from New York and
Virginia--Dread of a New Convention on the Part of the
Federalists--Madison's Amendments--Consequences of their
Adoption--Character of Madison's Statesmanship--Different Courses
of Hamilton and Madison on Questions of Constitutional
Power--Unconstitutionality of Hamilton's Measures--His
Consciousness thereof--His Sense of the Obligations of Public
Men--His View of the Constitution as "a Temporary Bond of
Union"--Subsequent Change of Opinion, but Final Return in 1802 to
his Original View--Separation between him and Madison--"Sapping and
Mining Policy" of Hamilton--That Policy counteracted by the
Republican Party--Discrimination between Washington and Hamilton in
the Adoption of the latter's Policy--Probable Ground of
Washington's Official Approval of the Bank Bill--Subsequent similar
Position and Conduct of Madison--Instances of a like Transcending
of Constitutional Limits under a supposed Necessity, by Jefferson
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