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His reputation rests, not upon constructive statesmanship, but upon his ability as a party leader, in which respect he has had few equals in American history, and upon his success in proposing compromises. Born in Virginia, and admitted to the bar in 1797, he moved the same year to Lexington, Kentucky, where his practice brought him rapid and brilliant success.

With a sure hand the great patriot guided the new country through the dangers that beset it and at times threatened to swallow it whole, and in the year 1797 he turned over to John Adams who was to succeed him in the presidential chair a welded nation, destined for a mighty future.

Trifles unnoted by us may be links in the chain of some great purpose. In 1797, William Godwin wrote The Inquirer, a collection of revolutionary essays on morals and politics. This book influenced Thomas Malthus to write his Essay on Population, published in 1798.

His best friends knew full well his pride in the great financial achievements of 1784-6, his resolute clinging to peace in 1792, and his longing for a pacification in 1796, 1797, and 1800, provided it could be gained without detriment to our allies and to the vital interests of Britain. His defence lies buried amidst the documents of our Record Office, and has not yet fully seen the light.

Upon these arguments he founded motions for an account of all ships, from line-of-battle ships down to hired armed vessels inclusive, in commission on the 31st of December 1793, 30th of September 1801, and 31st of December 1803, specifying the service on which they were respectively employed; for a copy of the contracts made, and the orders given by the Admiralty in 1793, 1797, and 1803, with respect to the number of gun-vessels to be built; for a list of ships built in the King's yards for 1793 and 1801; but if it should be thought that any intelligence on this head might be a channel of improper information to the enemy, he would abstain from pressing it, for he was aware that there would still be grounds sufficiently strong to convince the House that it was the preferable plan to construct vessels in the merchants' yards; and, finally, for a similar list of vessels built by contract in private yards.

|Ships. |Entry. |Quality. |Discharge. |Y.|M.|W.|D.| |Duke |9 June, 1789 |Able Seaman|2 Dec., 1789 | |5 |2 |2 | |Polyphemus|10 Oct., 1794|Midshipman |7 May, 1797 |2 |7 |2 | | |Apollo |8 May, 1797 |Mate |27 Dec., 1797| |8 |1 |3 | |Blazer |2 Jan., 1798 |2nd Master | | | | | | | | | and Pilot|26 July, 1798| |7 |1 |3 | |Porpoise |7 Oct.,1798 |Mate |9 July, 1800 |1 |9 | | | | | | | |6 |1 |3 |1 |

I was obliged to remain at Sens, soliciting my erasure from the emigrant list, which I did not obtain, however, till 1797, and to put an end to a charge made against me of having fabricated a certificate of residence. Meanwhile I applied myself to study, and preferred repose to the agitation of camps.

Without taking a full review of measures which were reprobated by one party and applauded by the other, the reader may be requested to glance his eye at the situation of the United States in 1797, and to contrast it with their condition in 1788.

In the sixteenth century the Cross and the Crescent were bitterly opposed; Austria became the Christian champion in place of Venice towards the end of the seventeenth century, and at the fall of the Republic Istria and Dalmatia were given to her in 1797 by the treaty of Passerino.

Prosperity breeds credit, and credit stimulates enterprise, and enterprise embarks in labors which, about every ten years in England, and every twenty years in this country, it is found that the world is not ready to pay for. Panics have occurred in England in 1797, 1807, 1817, 1826, 1837, 1847, 1857, and there was very near being a very severe one in 1866.