Shall we have recourse to the art of printing? But this has not destroyed property or aristocracy or corporations or paper wealth in England or America, or diminished the influence of either; on the contrary, it has multiplied aristocracy and diminished democracy.
John AdamsYou are apprehensive of monarchy; I, of aristocracy. I would therefore have given more power to the President and less to the Senate.
John AdamsAs long as Property exists, it will accumulate in Individuals and Families. As long as Marriage exists, Knowledge, Property and Influence will accumulate in Families.
John AdamsMr. Jefferson has reason to reflect upon himself. How he will get rid of his remorse in his retirement, I know not. He must know that he leaves the government infinitely worse than he found it, and that from his own error or ignorance.
John AdamsOur 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.
John Adams