From Christopher Gore
Boston 20 April 1795.
My dear sir
I have hitherto delayed answering the letter, you did me the honor to write under date 28 Febry,1 in hopes of being able to obtain such information on the subject as woud be agreeable to you, & afford a reasonable expectation of an adoption, by the government, of your propositions respecting the unsubscribed debt.2 But I am sorely mortified to find that many from whom you had a right to expect sound principles, & honest politics, are crooked & perverse, &, I fear, obstinately so on the subject of public credit. They do not view the system as appealing to the option of the creditors, but to their necessities—and mortification at having assented to terms which they think not quite so good, as those proposed in your plan to the non subscribers,3 is sufficient to induce the decided & warm opposition of some who have attained over many, an influence, which is due only to the union of great talents & sound principles.
From conversing with influential men, in the district represented by Mr Goodhue,4 I believe he might be induc’d to withdraw his opposition—probably a fear of blame from some, for having advised their compliance with the existing system, has caused a part of his opposition—or if it arises from other causes, it might cease on his being convinced, that respectable men in his district were dissatisfied with his conduct, in this particular.
But the men, who, in this part of the country, coud influence Mr. Strong,5 are of the class I mentioned in the former part of this letter.
I feel deep regret at being obliged to communicate to you, such a character of our citizens; and shall be very happy to attempt any thing that may be considerd likely to produce a more just way of thinking; and save our government from the imputation which necessarily results from the rejection of your propositions; but I fear a sense of honor as respects the credit of the nation too weak, & prejudices too deep to admit of any alteration.
I am, my dear sir, very respectfully Your sincere friend & obed. servt.
ALS, Hamilton Papers, Library of Congress.
3. For H’s proposals for the unsubscribed debt, see the first “proposition” and “Remarks upon the first Proposition” in “Report on a Plan for the Further Support of Public Credit,” January 16, 1795.
4. Benjamin Goodhue, a Federalist member of the House of Representatives from Massachusetts, had always been a firm supporter of H’s financial program. But on February 18, 1795, when James Hillhouse, a Federalist Representative from Connecticut, moved to “strike out the first clause” of the proposed “bill making further provision for the support of Public Credit and for the redemption of the Public Debt,” Goodhue seconded the motion (Annals of Congress description begins The Debates and Proceedings in the Congress of the United States; with an Appendix, Containing Important State Papers and Public Documents, and All the Laws of a Public Nature (Washington, 1834–1849). description ends , IV 1237–40). See also the [Philadelphia] Gazette of the United States and Daily Evening Advertiser, February 25, 1795. For the history of this bill and its subsequent enactment, see the introductory note to “Report on a Plan for the Further Support of Public Credit,” January 16, 1795.
5. Caleb Strong was a Federalist Senator from Massachusetts and a member of the Senate committee to which was referred “An Act making further provision for the support of Public Credit, and for the redemption of the Public Debt” after it had passed the House (Annals of Congress description begins The Debates and Proceedings in the Congress of the United States; with an Appendix, Containing Important State Papers and Public Documents, and All the Laws of a Public Nature (Washington, 1834–1849). description ends , IV, 833).