than in grand generalities to deprecate party spirit. Why,
government by parties and through party machinery is the only
possible method by which a free government can accomplish the
purpose of its existence. The old republics of the past may be said
to have fallen, not because of party spirit, but because there was
no adequate machinery by which party spirit could develop itself
with facility and regularity.

"And if our Republic be true to herself, the future of the human
race is assured by our example. No sweep of overwhelming armies, no
ponderous treatises on the rights of man, no hymns to liberty,
though set to martial music and resounding with the full diapason of
a million human throats, can exert so persuasive an influence as
does the spectacle of a great republic, occupying a quarter of the
civilized globe, and governed quietly and sagely by the people
itself."

A large portion of this address is devoted to the proposition that it is
just and reasonable to pay our debts rather than to repudiate them, and
that the nation is as much bound to be honest as is the individual. "It
is an awful thing," he says, "that this should be a question at all," but
it was one of the points on which the election turned, for all that.

In his advocacy of the candidate with whom, and the government of which
he became the head, his relations became afterwards so full of personal
antagonism, he spoke as a man of his ardent nature might be expected to
speak on such an occasion. No one doubts that his admiration of General
Grant's career was perfectly sincere, and no one at the present day can
deny that the great captain stood before the historian with such a record
as one familiar with the deeds of heroes and patriots might well consider