act two

I dare appeal to my immediate fellow citizens of whatever political party for the truth of the assertion, that no man ever carried into public life a more unblemished pecuniary reputation, than that with which I undertook the office of Secretary of the Treasury; a character marked by an indifference to the acquisition of property rather than an avidity for it.

With such a character, however natural it was to expect criticism and opposition, as to the political principles which I might manifest or be supposed to entertain, as to the wisdom or expediency of the plans, which I might propose, or as to the skill, care or diligence with which the business of my department might be executed, it was not natural to expect nor did I expect that my fidelity or integrity in a pecuniary sense would ever be called in question.

But on his head a mortifying disappointment has been experienced. Without the slightest foundation, I have been repeatedly held up to the suspicions of the world as a man directed in his administration by the most sordid views; who did not scruple to sacrifice the public to his private interest, his duty and honor to the sinister accumulation of wealth.

Merely because I retained an opinion once common to me and the most influencial of those who opposed me, That the public debt ought to be provided for on the basis of the contract upon which it was created, I have been wickedly accused with wantonly increasing the public burthen many millions, in order to promote a stockjobbing interest of myself and friends.

Merely because a member of the House of Representatives entertained a different idea from me, as to the legal effect of appropriation laws, and did not understand accounts, I was exposed to the imputation of having committed a deliberate and criminal violation of the laws and to the suspicion of being a defaulter for millions; so as to have been driven to the painful necessity of calling for a formal and solemn inquiry.