"I own," said Hamilton, "it is my own opinion, though I do not publish it in Dan or Beersheba, that the present government is not that which will answer the ends of society by giving stability and protection to its rights, and that it will probably be found to be expedient to go into the British form. However, since we have undertaken the experiment, I am for giving it a fair course, whatever my expectations may be. The success, indeed, is so far greater than I had expected, and therefore success seems more possible than it had done heretofore, and there are still other and other stages of improvement which, if the present does not succeed, may be tried and ought to be tried before we give up the republican form altogether; for that mind must be really depraved which would not prefer the equality of political rights, which is the foundation of pure republicanism, if it can be obtained consistently with order. Therefore whoever by his writings disturbs the present order of things is really blamable, however pure his intentions may be, and he was sure Mr. Adams's were pure."
"This," Mr. Jefferson adds in his memorandum, "is the substance of a declaration made in much more lengthy terms, and which seemed to be more formal than usual for a private conversation between two, and as if intended to qualify some less guarded expressions which had been dropped on former occasions. Thomas Jefferson has committed it to writing the moment of Alexander Hamilton's leaving the room."
The measures described by Hamilton as the stages of improvement already adopted were doubtless the bank and funding system, and those still in reserve were such as are recommended in his report on manufactures, subsequently made.
In the Federal Convention which framed our present Constitution General Hamilton submitted a series of propositions to be adopted as a basis for the new government, which he supported in an elaborate and very able speech. The debates of the Convention were reported by Mr. Madison, who submitted the notes he had taken of his speech to General Hamilton, which the latter admitted to be correct, contenting himself with a few formal and verbal amendments. In the year 1810, before the proceedings of the Convention were ordered to be published, the Rev. Dr. Mason, intending to write the life of Hamilton, applied to Mr. Madison, then President of the United States, for a copy of that speech, which was furnished to him accompanied by the following note:—
"James Madison presents his respects to Dr. Mason with the promised copy of Mr. Hamilton's observations in the General Convention on the subject of a Federal Constitution, as noted at the time."
"Washington, January 12th, 1810."
Dr. Mason abandoned the idea of preparing the life, and a descendant of his, a few years since, placed in my hands two of the documents collected by his grandfather, one of which was the above note with a copy of the speech. The following are extracts from the latter:—
"This view of the subject almost led him to despair that a republican government could be established over a country of so great an extent. He was sensible at the same time that it would be unwise to propose one of any other form. In his private opinion he had no scruple in declaring, supported as he was in the opinion of so many of the wise and the good, that the British government was the best in the world; and he doubted very much whether any thing short of it would do in America."
Speaking of the executive, he said: "As to the executive it seemed to be admitted that no good one could be established on republican principles. Was not this giving up the merits of the question, for can there be a good government without a good executive? The English model was the only good one on this subject. The hereditary interest of the king was so interwoven with those of the nation, and his personal emolument so great, that he was placed above the danger of being corrupted from abroad," &c. Also, "their House of Lords is a most noble institution. Having nothing to hope for by a change and a sufficient interest by means of their property in being faithful to the national interest, they form a permanent barrier against any pernicious innovation, whether attempted on the part of the Crown or of the Commons."
On comparing these extracts with the speech, as published in the "Madison Papers," I find them to accord in all respects. In the life of Hamilton, by his son, the author indulges in harsh imputation upon the conduct of Mr. Madison, in this connection, in the justice of which I am deceived in the general sentiment of the country if he finds many to agree with him; and through a fatality which often attends similar demonstrations, he publishes in the same volume Hamilton's plan of government, the original draft of which Dr. Mason informed Mr. Madison was yet among the General's papers, and which is, word for word, the same as the copy published in the "Madison Papers;" and also Hamilton's own notes for his great speech in the Convention, which indicate the character of the speech upon the point in question as fully as notes ever prefigured a speech, and both of which confirm all that Mr. Madison has said in regard to it.
The following are extracts from the notes:—