There is something so far-fetched and so extravagant in the idea of danger to liberty from the militia that one is at a loss whether to treat it with gravity or with raillery; whether to consider it as a mere trial of skill, like the paradoxes of rhetoricians; as a disingenuous artifice to instil prejudices at any price; or as the serious.

The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.

In all very numerous assemblies, of whatever character composed, passion never fails to wrest the sceptre from reason. Had every Athenian citizen been a Socrates, every Athenian assembly would still have been a mob.

[T]hough individual oppression may now and then proceed fro the courts of justice, the general liberty of the people can never be endangered from that quarter . . .

The inquiry constantly is what will please, not what will benefit the people. In such a government there can be nothing but temporary expedient, fickleness, and folly.

Experience teaches, that men are often so much governed by what they are accustomed to see and practice, that the simplest and most obvious improvements . . . are adopted with hesitation, reluctance, and slow gradations.

That there may happen cases in which the national government may be necessitated to resort to force, cannot be denied.