GOUVERNEUR MORRIS TO HAMILTON.
Philadelphia, June 30, 1784.
Dear Hamilton:
This is rather a late period to acknowledge yours of the seventh of April. I have lived in the constant intention to answer it, and I now execute my purpose. But why not sooner? “Procrastination is the thief of time,” says Dr. Young. I meant to have written fully on the subject of the gold. But I waited some informations from Annapolis on the probability of a Mint. I afterwards intended a long letter upon a subject I mentioned to Mr. Seton, namely, a coalition between your Bank and the National Bank. I do not find either party inclined to it. And yet both would be the better for it. You, I believe, will soon be out of blast unless it should take place. I could say a great deal on this subject, but it would be very useless. When you find your cash diminish very fast, remind Seton of my predictions, and let him tell you what they were. If the Legislature should attempt to force paper money down your throats, it would be a good thing to be somewhat independent of them. But I must check myself, or I shall go too far into a business which would plague us both to no purpose. It shall be left, therefore, until we meet.
Very affectionately yours,
Gouv. Morris.
Alexander Hamilton, Esq.