has been made to the court of France to this effect. But if the sending so large a succor in troops should necessarily diminish the pecuniary aid, which our allies may be disposed to grant, it were preferable to diminish the aid in men ; for the same sum of money, which would transport from France and maintain here a body of troops with all the necessary apparatus, being put into our hands to be employed by us, would serve to give activity to a larger force within ourselves, and its influence would pervade the whole administration.
11thly. That no nation will have it more in its power to repay what it borrows than this. Our debts are hitherto small. The vast and valuable tracts of unlocated lands, the variety and fertility of climates and soils, the advantages of every kind which we possess for commerce, insure to this country a rapid advancement in population and prosperity, and a certainty, its independence being established, of redeeming in a short term of years the comparatively inconsiderable debts it may have occasion to contract.
That, notwithstanding the difficulties under which we labor, and the inquietudes prevailing among the people, there is still a fund of inclination and resource in the country, equal to great and continued exertions, provided we have it in our power to stop the progress of disgust, by changing the present system, and adopting another more consonant with the spirit of the nation, and more capable of activity and energy in public measures ; of which a powerful succor of money must be the basis. The people are discontented ; but it is with the feeble and oppressive mode of conducting the war, not with the war itself. They are not unwilling to contribute to its support, but they are unwilling to do it in a way that renders private property precarious ; a necessary consequence of the fluctuation of the national currency, and of the inability of government to perform its engagements oftentimes coercively made. A large majority are still firmly attached to the independence of these States, abhor a reunion with Great Britain, and are affectionate to the alliance with France ; but this disposition cannot supply the place of means customary and essential in war, nor can we rely on its duration amidst the perplexities, oppressions, and misfortunes, that attend the want of them.
York, etc., 1891), IX, 102-100