The Education of Henry Adams by Henry Adams
page 330 of 594 (55%)
page 330 of 594 (55%)
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and bankers wanted fiat money, fiat money was good enough for a
newspaper-man; and if they changed about and wanted "intrinsic" value, gold and silver came equally welcome to a writer who was paid half the wages of an ordinary mechanic. He had no notion of attacking or defending Legal Tender; his object was to defend the Chief Justice and the Court. Walker argued that, whatever might afterwards have been the necessity for legal tender, there was no necessity for it at the time the Act was passed. With the help of the Chief Justice's recollections, Adams completed the article, which appeared in the April number of the North American. Its ferocity was Walker's, for Adams never cared to abandon the knife for the hatchet, but Walker reeked of the army and the Springfield Republican, and his energy ran away with Adams's restraint. The unfortunate Spaulding complained loudly of this treatment, not without justice, but the article itself had serious historical value, for Walker demolished every shred of Spaulding's contention that legal tender was necessary at the time; and the Chief Justice told his part of the story with conviction. The Chief Justice seemed to be pleased. The Attorney General, pleased or not, made no sign. The article had enough historical interest to induce Adams to reprint it in a volume of Essays twenty years afterwards; but its historical value was not its point in education. The point was that, in spite of the best intentions, the plainest self-interest, and the strongest wish to escape further trouble, the article threw Adams into opposition. Judge Hoar, like Boutwell, was implacable. Hoar went on to demolish the Chief Justice; while Henry Adams went on, drifting further and further from the Administration. He did this in common with all the world, including Hoar himself. |
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