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.

My best wishes, in the joys, and festivities, and the solemn services of that day on which will be completed the fiftieth year from its birth, the independence of the United States. A remarkable epoch in the annals of the human race, destined in future history to form the brightest or the blackest page, according to the use or the abuse of those political institutions by which they shall, in time to come, be shaped by the human mind.

The law no passion can disturb. 'Tis void of desire and fear, lust and anger. 'Tis mens sine affectu, written reason, retaining some measure of the divine perfection. It does not enjoin that which pleases a weak, frail man, but, without any regard to persons, commands that which is good and punishes evil in all, whether rich or poor, high or low.

Virtue is not always amiable.

It is much easier to pull down a government, in such a conjuncture of affairs as we have seen, than to build up, at such a season as the present.

The United States of America have exhibited, perhaps, the first example of governments erected on the simple principles of nature. . . . [In] the formation of the American governments . . . it will never be pretended that any persons employed in that service had interviews with the gods, or were in any degree under the influence of heaven. . . . These governments were contrived merely by the use of reason and the senses.

Property is surely a right of mankind as real as liberty. Perhaps, at first, prejudice, habit, shame or fear, principle or religion, would restrain the poor from attacking the rich, and the idle from usurping on the industrious; but the time would not be long before courage and enterprise would come, and pretexts be invented by degrees, to countenance the majority in dividing all the property among them, or at least, in sharing it equally with its present possessors.