Page:Debates in the Several State Conventions, v3.djvu/324

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308
DEBATES.
[Madison.

seems to think that we ought to spare the present generation, and throw our burdens upon posterity. I will not contest the equity of this reasoning; but I must say that good policy, as well as views of economy, strongly urges us, even to distress ourselves to comply with our most solemn engagements. We must take effectual provision for the payment of the interest of our public debts. In order to do justice to our creditors, and support our credit and reputation, we must lodge power somewhere or other for this purpose. As yet the United States have not been able, by any energy contained in the old system, to accomplish this end.

Our creditors have a right to demand the principal, but would be satisfied with a punctual payment of the interest. If we have been unable to pay the interest, much less shall we be able to discharge the principal. It appears to me that the whole reasoning used on this occasion shows that we ought to adopt this system, to enable us to throw our burdens on posterity. The honorable member spoke of the decemviri at Rome as having some similitude to the ten representatives who are to be appointed by this state. I can see no point of similitude here, to enable us to draw any conclusion. For what purpose were the decemviri appointed? They were invested with a plenipotentiary commission to make a code of laws. By whom were they appointed? By the people at large? My memory is not infallible, but it tells me they were appointed by the senate,—I believe, in the name of the people. If they were appointed by the senate, and composed of the most influential characters among the nobles, can any thing be inferred from that against our federal representatives? Who made a discrimination between the nobles and the people? The senate.

Those men totally perverted the powers which were given them, for the purpose above specified, to the subversion of the public liberty. Can we suppose that a similar usurpation might be made by men appointed in a totally different manner? As their circumstances were totally dissimilar, I conceive that no arguments drawn from that source can apply to this government. I do not thoroughly comprehend the reasoning of my honorable friend, when he tells us that the federal government will predominate, and that the state interest will be lost, when, at the same time, he tells us that it will be a faction of seven states. If seven states will pre-