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Old Family Letters: Copied from the Originals for Alexander Biddle... Series A-[B]

Book by John Adams · 4 quotes · Ifs, Men, Affair

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Old Family Letters: Copied from the Originals for Alexander Biddle... Series A-[B] Quotes

“What a pity it is that our Congress had not known this discovery, and that Alexander Hamilton’s projects of raising an army of fifty thousand Men, ten thousand of them to be Cavalry and his projects of sedition Laws and Alien Laws and of new taxes to support his army, all arose from a superabundance of secretions which he could not find whores enough to draw off! and that the same vapours produced his Lyes and Slanders by which he totally destroyed his party forever and finally lost his Life in the field of Honor.”

“Our whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.”