| 120,000 | of the | ages of | 18 | to | 21 | inclusive. | |
| 200,000 | " | " | 22 | " | 26 | " | |
| 200,000 | " | " | 27 | " | 35 | " | |
| 200,000 | " | " | 35 | " | 45 | " | |
| In all, | 720,000 | " | " | 18 | " | 45 | " |
With this force properly classed, organized, trained, armed and subject to tours of a year of military duty, we have no more to fear for the defence of our country than those who have the resources of despotism and pauperism.
But, you will say, we have been devastated in the meantime. True, some of our public buildings have been burnt, and some scores of individuals on the tide-water have lost their movable property and their houses. I pity them, and execrate the barbarians who delight in unavailing mischief. But these individuals have their lands and their hands left. They are not paupers, they have still better means of subsistence than 24/25 of the people of England. Again, the English have burnt our Capitol and President's house by means of their force. We can burn their St. James' and St. Paul's by means of our money, offered to their own incendiaries, of whom there are thousands in London who would do it rather than starve. But it is against the laws of civilized warfare to employ secret incendiaries. Is it not equally so to destroy the works of art by armed incendiaries? Bonaparte, possessed at times of almost every capital of Europe, with all his despotism and power, injured no monument of art. If a nation, breaking through all the restraints of civilized character, uses its means of destruction (power, for example) without distinction of objects, may we not use our means (our money and their pauperism) to retaliate their barbarous ravages? Are we obliged to use for resistance exactly the weapons chosen by them for aggression? When they destroyed Copenhagen by superior force, against all the laws of God and man, would it have been unjustifiable for the Danes to have destroyed their ships by torpedoes? Clearly not; and they and we should now be justifiable in the conflagration of St. James' and St. Paul's. And if we do not carry it into execution, it is because we think it more moral and more honorable to set a good example, than follow a bad one.
So much for the happiness of the people of England, and the morality of their government, in comparison with the happiness and the morality of America. Let us pass to another subject.
The crisis, then, of the abuses of banking is arrived. The banks have pronounced their own sentence of death. Between two and three hundred millions of dollars of their promissory notes are in the hands of the people, for solid produce and property sold, and they formally declare they will not pay them. This is an act of bankruptcy of course, and will be so pronounced by any court before which it shall be brought. But cui bono? The law can only uncover their insolvency, by opening to its suitors their empty vaults. Thus by the dupery of our citizens, and tame acquiescence of our legislators, the nation is plundered of two or three hundred millions of dollars, treble the amount of debt contracted in the revolutionary war, and which, instead of redeeming our liberty, has been expended on sumptuous houses, carriages, and dinners. A fearful tax! if equalized on all; but overwhelming and convulsive by its partial fall. The crush will be tremendous; very different from that brought on by our paper money. That rose and fell so gradually that it kept all on their guard, and affected severely only early or long-winded contracts. Here the contract of yesterday crushes in an instant the one or the other party. The banks stopping payment suddenly, all their mercantile and city debtors do the same; and all, in short, except those in the country, who, possessing property, will be good in the end. But this resource will not enable them to pay a cent on the dollar. From the establishment of the United States Bank, to this day, I have preached against this system, but have been sensible no cure could be hoped but in the catastrophe now happening. The remedy was to let banks drop gradation at the expiration of their charters, and for the State governments to relinquish the power of establishing others. This would not, as it should not, have given the power of establishing them to Congress. But Congress could then have issued treasury notes payable within a fixed period, and founded on a specific tax, the proceeds of which, as they came in, should be exchangeable for the notes of that particular emission only. This depended, it is true, on the will of the State legislatures, and would have brought on us the phalanx of paper interest. But that interest is now defunct. Their gossamer castles are dissolved, and they can no longer impede and overawe the salutary measures of the government. Their paper was received on a belief that it was cash on demand. Themselves have declared it was nothing, and such scenes are now to take place as will open the eyes of credulity and of insanity itself, to the dangers of a paper medium abandoned to the discretion of avarice and of swindlers. It is impossible not to deplore our past follies, and their present consequences, but let them at least be warnings against like follies in future. The banks have discontinued themselves. We are now without any medium; and necessity, as well as patriotism and confidence, will make us all eager to receive treasury notes, if founded on specific taxes. Congress may now borrow of the public, and without interest, all the money they may want, to the amount of a competent circulation, by merely issuing their own promissory notes, of proper denominations for the larger purposes of circulation, but not for the small. Leave that door open for the entrance of metallic money. And, to give readier credit to their bills, without obliging themselves to give cash for them on demand, let their collectors be instructed to do so, when they have cash; thus, in some measure, performing the functions of a bank, as to their own notes. Providence seems, indeed, by a special dispensation, to have put down for us, without a struggle, that very paper enemy which the interest of our citizens long since required ourselves to put down, at whatever risk. The work is done. The moment is pregnant with futurity, and if not seized at once by Congress, I know not on what shoal our bark is next to be stranded. The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic principles, under the convictions of the moment; and the non-complying may be crowded into concurrence by legitimate devices. Vale, et me, ut amaris, ama.
TO SAMUEL H. SMITH, ESQ.
Monticello, September 21, 1814.
Dear Sir,—I learn from the newspapers that the Vandalism of our enemy has triumphed at Washington over science as well as the arts, by the destruction of the public library with the noble edifice in which it was deposited. Of this transaction, as of that of Copenhagen, the world will entertain but one sentiment. They will see a nation suddenly withdrawn from a great war, full armed and full handed, taking advantage of another whom they had recently forced into it, unarmed, and unprepared, to indulge themselves in acts of barbarism which do not belong to a civilized age. When Van Ghent destroyed their shipping at Chatham, and De Ruyter rode triumphantly up the Thames, he might in like manner, by the acknowledgment of their own historians, have forced all their ships up to London bridge, and there have burnt them, the tower, and city, had these examples been then set. London, when thus menaced, was near a thousand years old, Washington is but in its teens.
I presume it will be among the early objects of Congress to re-commence their collection. This will be difficult while the war continues, and intercourse with Europe is attended with so much risk. You know my collection, its condition and extent. I have been fifty years making it, and have spared no pains, opportunity or expense, to make it what it is. While residing in Paris, I devoted every afternoon I was disengaged, for a summer or two, in examining all the principal bookstores, turning over every book with my own hand, and putting by everything which related to America, and indeed whatever was rare and valuable in every science. Besides this, I had standing orders during the whole time I was in Europe, on its principal book-marts, particularly Amsterdam, Frankfort, Madrid and London, for such works relating to America as could not be found in Paris. So that in that department particularly, such a collection was made as probably can never again be effected, because it is hardly probable that the same opportunities, the same time, industry, perseverance and expense, with some knowledge of the bibliography of the subject, would again happen to be in concurrence. During the same period, and after my return to America, I was led to procure, also, whatever related to the duties of those in the high concerns of the nation. So that the collection, which I suppose is of between nine and ten thousand volumes, while it includes what is chiefly valuable in science and literature generally, extends more particularly to whatever belongs to the American statesman. In the diplomatic and parliamentary branches, it is particularly full. It is long since I have been sensible it ought not to continue private property, and had provided that at my death, Congress should have the refusal of it at their own price. But the loss they have now incurred, makes the present the proper moment for their accommodation, without regard to the small remnant of time and the barren use of my enjoying it. I ask of your friendship, therefore, to make for me the tender of it to the library committee of Congress, not knowing myself of whom the committee consists. I enclose you the catalogue, which will enable them to judge of its contents. Nearly the whole are well bound, abundance of them elegantly, and of the choicest editions existing. They may be valued by persons named by themselves, and the payment made convenient to the public. It may be, for instance, in such annual instalments as the law of Congress has left at their disposal, or in stock of any of their late loans, or of any loan they may institute at this session, so as to spare the present calls of our country, and await its days of peace and prosperity. They may enter, nevertheless, into immediate use of it, as eighteen or twenty wagons would place it in Washington in a single trip of a fortnight. I should be willing indeed, to retain a few of the books, to amuse the time I have yet to pass, which might be valued with the rest, but not included in the sum of valuation until they should be restored at my death, which I would carefully provide for, so that the whole library as it stands in the catalogue at this moment should be theirs without any garbling. Those I should like to retain would be chiefly classical and mathematical. Some few in other branches, and particularly one of the five encyclopedias in the catalogue. But this, if not acceptable, would not be urged. I must add, that I have not revised the library since I came home to live, so that it is probable some of the books may be missing, except in the chapters of Law and Divinity, which have been revised and stand exactly as in the catalogue. The return of the catalogue will of course be needed, whether the tender be accepted or not. I do not know that it contains any branch of science which Congress would wish to exclude from their collection; there is, in fact, no subject to which a member of Congress may not have occasion to refer. But such a wish would not correspond with my views of preventing its dismemberment. My desire is either to place it in their hands entire, or to preserve it so here. I am engaged in making an alphabetical index of the author's names, to be annexed to the catalogue, which I will forward to you as soon as completed. Any agreement you shall be so good as to take the trouble of entering into with the committee, I hereby confirm. Accept the assurance of my great esteem and respect.