the United States have pointed their constitutional artillery against the aristocracies of superstition and the feudal system, after reason had destroyed the first, and knowledge, commerce and alienation, the second. Did they fear or love the living foe, the aristocracy of paper and patronage
bottomed upon perpetual taxation? or were they deceived at the formation of their constitutions, because it joined in trampling upon the dead bodies of its predecessors? They will no longer hesitate in discerning, that the project of equalising property among titled orders, is as impracticable in communion with knowledge, commerce and alienation, or with the system of paper and patronage, as is the project of equalising it among individuals, in communion with human mortality; that both must remain speculative theories, rebutted by experience, until perpetuities are re-established, or immortality without fecundity is bestowed on mankind; and that, excluding the idea of either, the election of the United States is confined to a distribution of property by industry and talents, or according to the avarice of a separate and minor portion of the society, by perpetual taxation, paper currencies and the arts of patronage. The feudal perpetuities cost the nation nothing; stock perpetuities are erected wholly at their expense. Is it better to entail stock on the nation to make an aristocracy, or to allow fathers to entail their lands on their sons for the same purpose?
Mr. Adams frequently endeavours to apply historical facts' to his theory or the English system; these applications could not be past over, nor could the justifications of the American policy which his own facts furnished, be omitted. Oar business proceeds either by shewing the insufficiency of the evidence, in favour of balancing property and power among confederated orders; the impossibility of introducing and supporting such a balance now, if it ever did exist; or the preference of our policy to that. We are not deviating therefore from the subject, in deviating somewhat from our quotation. To these let us return.
