entered first, calling out with a loud voice, 'The President of the United States.' The President was so much disconcerted with it, that he did not recover it the whole time of the levee, and when the company was gone, he said to Humphreys, 'Well, you have taken me in once, but, by God, you shall never take me in a second time.'

There is reason to believe that the rejection of the late additional Assumption by the Senate was effected by the President through Lear, operating on Langdon. Beckley knows this.

February the 26th, 1793. Notes on the proceedings of yes terday. [See the formal opinions given to the President in writing, and signed.]

First question. We were all of opinion that the treaty should proceed merely to gratify the public opinion, and not from an expectation of success. I expressed myself strongly, that the event was so unpromising, that I thought the preparations for a campaign should go on without the least relaxation, and that a day should be fixed with the commissioners for the treaty, beyond which they should not permit the treaty to be protracted, by which day, orders should be given for our forces to enter into action. The President took up the thing instantly, after I had said this, and declared he was so much in the opinion that the treaty would end in nothing, that he then, in the presence of us all, gave orders to General Knox, not to slacken the preparations for the campaign in the least, but to exert every nerve in preparing for it. Knox said something about the ultimate day for continuing the negotiations. I acknowledged myself not a judge on what day the campaign should begin, but that whatever it was, that day should terminate the treaty. Knox said he thought a winter campaign was always the most efficacious against the Indians. I was of opinion, since Great Britain insisted on furnishing provisions, that we should offer to repay. Hamilton thought we should not.

Second question. I considered our right of preemption of the Indian lands, not as amounting to any dominion, or jurisdiction, or paramountship whatever, but merely in the nature of a remainder after the extinguishment of a present right, which gave us no present right whatever, but of preventing other nations from taking possession, and so defeating our expectancy; that the Indians had the full, undivided, and independent sovereignty as long as they chose to keep it, and that this might be for ever; that as fast as we extend our rights by purchase from them, so fast we extend the limits of our society, and as soon as a new portion became encir

cled within our line, it became a fixed limit of our society that the executive, with either or both branches of the legislature, could not alien any part of our territory; that by the law of nations it was settled, that the unity and indivisibility of the society was so fundamental, that it could not be dismembered by the constituted authorities, except, 1. where all power was delegated to them (as in the case of despotic governments,) or, 2. where it was expressly delegated; that neither of these delegations had been made to our General Government, and, therefore, that it had no right to dismember or alienate any portion of territory once ultimately consolidated with us; and that we could no more cede to the Indians than to the English or Spaniards, as it might, according to acknowledged principles, remain as irrevocably and eternally with the one as the other. But I thought, that, as we had a right to sell and settle lands once comprehended within our lines, so we might forbear to exercise that right, retaining the property, till circumstances should be more favorable to the settlement, and this I agreed to do in the present instance, if necessary for peace.

Hamilton agreed to the doctrine of the law of nations, as laid down in Europe, but that it was founded on the universality of settlement there; consequently that no lopping-off of territory could be made without a lopping-off of citizens, which required their consent; but that the law of nations for us, must be adapted to the circumstance of our unsettled country, which he conceived the President and Senate may cede: that the power of treaty was given to them by the constitution, without restraining it to particular objects; consequently that it was given in as plenipotentiary a form as held by any sovereign in any other society. Randolph was of opinion, there was a difference between a cession to Indians and to any others, because it only restored the ceded part to the condition in which it was before we bought it, and consequently, that we might buy it again hereafter therefore, he thought the executive and Senate could cede it. Knox joined in the main opinion. The President discovered no opinion, but he made some efforts to get us to join in some terms which could unite us all, and he seemed to direct those efforts more towards me but the thing could not be done.

Third question. We agreed in idea as to the line to be drawn ; to wit, so as to retain all lands appropriated, or granted, or reserved.

Fourth question. We all thought, if the Senate should be consulted, and consequently apprized of our line, it would become known to Hammond, and we should lose all chance of saving any thing more at the treaty than our ultimaturn.

The President, at this meeting, mentioned the declaration of some person, in a paper of Fenno, that he would commence an attack on the character of Dr. Franklin. He said, the thème was to him excessively disagreeable on other considerations, but most particularly so, as the party seemed to do it as a means of defending him (the President) against the late attacks on him: that such a mode of defence would be peculiarly painful to him, and he wished it could be stopped. Hamilton and Randolph undertook to speak to Fenno to suppress it, without mentioning it as the President's wish. Both observed, that they had heard this declaration mentioned in many companies, and that it had excited universal horror and detestation.

The paper in Fenno must lie between two persons, viz. Adams and Izard, because they are the only persons who could know such facts as are there promised to be unfolded. Adams is an enemy to both characters, and might choose this ground as an effectual position to injure both. Izard hated Franklin with unparalleled bitterness, but humbly adores the President, because he is in loco regis. If the paper proceeds, we shall easily discover which of these two gentlemen is the champion. In the mean time, the first paper leads our suspicions more towards Izard than Adams, from the circumstance of style, and because he is quite booby enough not to see the injury he would do to the President by such a mode of defence.

February the 28th. Knox, E. Randolph, and myself met at Knox's, where Hamilton was also to have met, to consider the time, manner, and place of the President's swearing in. Hamilton had been there before, and had left his opinion with Knox; to wit, that the President should ask a judge to attend him in his own house to administer the oath, in the presence of the Heads of departments; which oath should be deposited in the Secretary of State's office. I concurred in this opinion. Randolph was for the President's going to the Senate chamber to take the oath, attended by the marshal of the United States, who should then make proclamation, &c. Knox was for this, and for adding the House of Representatives to the presence, as they would not yet be departed. Our individual opinions were written, to be communicated to the President, out of which he might form one. In the course of our conversation, Knox, stickling for parade, got into great warmth, and swore that our government must either be entirely new modeled, or it would be knocked to pieces in less than ten years; and that, as it is at present, he would not give a

copper for it; that it is the President's character, and not the written constitution which keeps it together. Same day. Conversation with Lear. He expressed the strongest confidence that republicanism was the universal creed of America, except of a very few ; that a republican administration must of necessity immediately overbear the contrary faction; said that he had seen with extreme regret, that a number of gentlemen had for a long time been endeavoring to instil into the President, that the noise against the administration of the government was that of a little faction, which would soon be silent, and which was detested by the people, who were contented and prosperous: that this very party, however, began to see their error, and that the sense of America was bursting forth to their conviction.

March the 2nd, 1793. See, in the papers of this date, Mr. Giles's resolutions. He and one or two others were sanguine enough to believe, that the palpableness of these resolutions rendered it impossible the House could reject them. Those who knew the composition of the House, 1. of bank directors, 2. holders of bank stock, 3. stock-jobbers, 4. blind devotees, 5. ignorant persons who did not comprehend them, 6. lazy and good-humored persons, who comprehended and acknowledged them, yet were too lazy to examine, or unwilling to pronounce censure; the persons who knew these characters, foresaw, that the three first descriptions making one third of the House, the three latter would make one half of the residue; and of course, that they would be rejected by a majority of two to one. But they thought, that even this rejection would do good, by showing the public the desperate and abandoned dispositions with which their affairs were conducted. The resolutions were proposed, and nothing spared to present them in the fulness of demonstration. There were not more than three or four who voted otherwise than had been expected.

March the 30th, 1793. At our meeting at the President's, February the 25th, in discussing the question, whether we should furnish to France the three millions of livres desired, Hamilton, in speaking on the subject, used this expression; When Mr. Genet arrives, whether we shall receive him or not, will then be a question for discussion'; which expression I did not recollect till E. Randolph reminded me of it a few days after. Therefore, on the 20th instant, as the President was shortly to set out for Mount Vernon, I observed to him, that as Genet might arrive in his absence, I wished to know beforehand how I should treat him,

whether as a person who would or would not be received. He said, he could see no ground of doubt, but that he ought to be received. On the 24th, he asked E. Randolph's opinion on the subject, saying, he had consulted Colonel Hamilton thereon, who went into lengthy considerations of doubt and difficulty, and viewing it as a very unfortunate thing, that the President should have the decision of so critical a point forced on him; but in conclusion, said, since he was brought into that situation, he did not see but that he must receive Mr. Genet. Randolph told the Presi dent, he was clear he should be received, and the President said, he had never had any doubt on the subject in his mind. Afterwards on the same day, he spoke to me again on it, and said, Mr. Genet should unquestionably be received; but he thought not with too much warmth or cordiality, so only as to be satisfactory to him. I wondered at first at this restriction: but when Randolph afterwards communicated to me his conversation of the 24th, I became satisfied it was a small sacrifice to the opinion of Hamilton.

March the 31st: Mr. Beckley tells me, that the merchants' bonds for duties on six months' credit became due the 1st instant, to a very great amount; that Hamilton went to the bank on that day, and directed the bank to discount for those merchants all their bonds at thirty days, and that he would have the collectors credited for the money at the treasury. Hence, the treasury lumping its receipts by the month in its printed accounts, these sums will be considered by the public as only received on the last day; consequently, the bank makes the month's interest out of it. Beckley had this from a merchant, who had a bond discounted, and who supposes a million of dollars were discounted at the bank here. Mr. Brown got the same information from another merchant, who supposed only six hundred thousand dollars discounted here. But they suppose the same orders went to all the branch banks to a great amount.

Eodem die. Mr. Brown tells me he has it from a merchant here, that during the last winter,' the directors of the bank ordered the freest discounts. Every man could obtain it. Money being so flush, the six per cents run up to twenty-one and twenty-two shillings. Then the directors sold out their private stocks. When the discounted notes were becoming due, they stopped discounts, and not a dollar was to be had. This reduced six per cents to eighteen shillings and three pence; then the same directors bought in again.