pondent numbers."
The proceeding is a fine instance of the care which Washington exercised
in forming his opinions. Of course, as soon as charges of corruption and
misdemeanor were reduced to exact statement the matter was put just where
Hamilton wanted to get it, and in the grasp of his powerful hands its
trashy character was promptly displayed. It is needless to go into
details, now that public loans, the funding of floating indebtedness in
excess of current income, and the maintenance of a national banking system
to supply machinery of credit, are such well recognized functions that the
wonder is how any statesman could have ever thought otherwise. Jefferson's
arguments, when read with the prepossessions of the present day, are so
apt to leave an impression of absurdity that they constitute a troublesome
episode for his biographers.

Jefferson's maneuvering utterly failed to injure Hamilton in Washington's
esteem, but it did have the effect of so thoroughly disgusting
Washington with public life that at one time he was determined to
refuse a reelection, and even went so far as to ask Madison to prepare a
valedictory address for him. He consented to serve another term most
reluctantly, and not until he had been besought to do so by the leaders on
both sides. Jefferson was as urgent as was Hamilton. While Washington was
still wavering, he received a strong letter from Edmund Randolph that
doubtless touched his soldierly pride. The letter closed with this sharp
argument:

"You suffered yourself to yield when the voice of your country summoned
you to the Administration. Should a civil war arise, you cannot stay at
home. And how much easier will it be to disperse the factions, which are
rushing to this catastrophe, than to subdue them after they shall appear
in arms? It is the fixed opinion of the world, that you surrender nothing
incomplete."

An appeal of this character was the most effective that could possibly be
addressed to Washington, but in consenting he grumbled over the hardship
of having to keep in active service at his time of life after already
having served for so long a time. He complained that his hearing was
getting bad and that "perhaps his other faculties might fall off and he
not be sensible of it."

Acquiescence in Washington's candidacy made it practically impossible for
the Republican party to manifest its true strength. The compliment of
Republican support was awarded to Governor Clinton of New