Liberty
Letters

June 22, 2005
John Adams #24
Party of
One
by Steve Farrell
It wasn't too many months ago when David
McCullough won a Pulitzer for his biography on John
Adams. And so maybe it wasn't the best of timing
that on McCullough's prize winning heels -- hot off
the press -- came James Grant's, John Adams:
Party of One.
Not a problem. Grant's research is fresh, his
focus and style decidedly different, the rewards
for the history buff, or for anyone else who enjoys
a good read, many.
Mr. Grant, who is the editor of Grant's
Interest Rate Observer and the author of four
books on finance and financial history, has written
a far more personal account then McCullough's; and
thus not a redundant read, but a perfect companion
volume. There are more diary entries, more personal
letters to Abigail (and from Abigail), and even
extracts from notes that Adams scribbled in the
margins of books he read. Taken together, there are
times when one can almost hear John Adams talking
to himself and to his posterity, whom he hopes will
one day tune in.
Grant's strength is manifest again in his choice
of depth over breadth, giving the reader three
areas of intensive focus, the religious and
economic John Adams, and his unbending, go at it
alone, sacrificial nature when it comes to
upholding principle.
While both McCullough and Grant both drove home
well the point that John Adams was a man of faith,
and was as true to his faith as an imperfect man
can be, Grant delved deeper into Adams' Puritan
roots, just what influence Puritanism had on Adams,
just how Puritanism evolved (for the better), and
just who were some of Adams favorite ministers and
why (many of them were not Puritans).
And he was fair and balanced in his
presentation.
For instance, Adams' was deeply suspicious of
Catholics early on in his life, a weakness -- but
Grant didn't hang Adams out to dry on that defect.
It wasn't so much Adams' fear of Catholicism but
his fear of European state churches and monarchy
that drove his suspicions -- a typical sentiment of
the era. The colonists were on guard. "Tyrants are
commonly equal enemies to the religious and civil
rights of mankind
and having enslaved the
bodies of their subjects, they affect also to
enslave their consciences," said Reverend William
Cooper, an Adams favorite.
This was the fear, a two pronged attack on a
man's liberty. Thus, the greater the tendency of
monarchy or Toryism in a faith, the more unwelcome
they were in the states, and to John Adams.
Therefore, Anglicanism wasn't on 'the most favored'
list either.
And well, American Puritanism gained a
state/church reputation of its own, and was looked
upon with suspicion by other American
Protestants.
Thankfully, Grant, unlike many of today's
'historians,' was honest enough to remind the
reader that this was but a phase in America, a
natural protectionist reflex (to the vicious
persecution that had been the Puritans lot in the
mother country) that passed, with the end result
being that America became the world's cradle of
religious liberty.
We shouldn't forget that. Grant made sure we
didn't.
Adams also evolved in positive ways as he
matured. There was the ever blunt Adams who
declared of those who rejected his brand of
Christianity, "Ye will say, I am no Christian: I
say Ye are no Christians: and there the account is
balanced."
But then Adams saw beyond this impasse to the
root of the matter, "Yet I believe all the honest
men among you are Christians in my sense of the
word."
Here was the common ground he and Jefferson had
found. Love of God and love of neighbor, manifest
in moral living, made for a true Christian; and any
man, of any Church, or no Church at all, could
qualify &endash; for the law was written in their
hearts.
And so little surprise that Adams came to
respect Catholic "liberality" in France, to
describe her churches "without pejorative comment,"
and that he would became the key player in
liberating the Episcopal Church in America --
making it so that she could ordain her own Bishops
without loyalty oaths to the British Crown, and
thus survive in the States.
But, perhaps, it is on the subject of economics
where Grant's work shines the most. Much is taught
about Adams' economic philosophy. He was a fan of
Adam Smith and Thomas Pownall. He believed the best
foreign policy for the United States was one of
nonentanglement and free trade (read that fair
trade). He also believed America's wealth lay less
in her hard cash, and more in her free
institutions, especially in her labor market. "In
Europe the poor Man's Wisdom is despised," but not
here, in America, wrote Adams. "The poor Mans
Wisdom, is not learning, but knowledge of his own
picking up, from facts and nature, by simple
Experience. In America, the Wisdom not the Man is
attended to: America is the Poor Man's
Country."
Adams was surely right about that, even
today.
And yet the lack of hard currency was a major
concern in the Revolutionary Period. The colonies
and the young United States had to learn the hard
way about the evils of unbacked paper money,
rampant inflation, and a national government that
lacked the power to tax and enforce the collection
of those taxes.
Here were the facts. The Revolutionary War cost
money. The Continental Congress couldn't tax. The
states lacked the integrity to pay their fair
share, not just for the war, but for existing
foreign debts. The short term solution was to
borrow more, from France and Holland. John Adams
was the key to the bailout.
One difficulty for Adams was that his Puritan
upbringing was such that he was dead set against
debt, personal and national, and dead set against
dishonest paper money. "There is so much Injustice
in carrying on a War with a depreciating currency
that we can hardly pray, with confidence for
success." But Adams was also practical. He labored
for a nation that was barely clinging to life. This
wasn't the moment to push his fiscal conservatism
to the limit of national dissolution. His job was
to convince the lender that America would
eventually make good with wise national laws, and
unlimited national prosperity, even as her
financial folly was on parade.
And what a parade it was! Grant brings to light
her every fiscal extreme, including Congress's
dishonest issuing of "bills of exchange" (checks
drawn on ANTICIPATED borrowing), sometimes cut when
there was little hope of those loans being
secured). Even more embarrassingly, American
businessmen would later show up in Europe trying to
redeem those very checks, only to find out that the
loans didn't even exist!
No wonder then, Adams had such a hard time of
it. No wonder then his victory in securing that aid
was such a prodigious stroke.
Yet even after the war, and after Adams amazing
victory, the financial mess persisted, and the
respect for the United States abroad continued to
falter for her inability to tax, collect, and pay.
Europeans referred to this country sneeringly as
the "American Republics," rather than the United
States, for united we were not, witnessed by such
facts as only one state (New York) meeting her full
share of the foreign debt, and by other states
refusing to pay anything at all, and other
problems, like the Whiskey Rebellion, a revolt over
federal excise taxes. Thus England, Grant reveals,
felt she had legitimate cause not to keep her end
of the peace, for the U.S. refused to uphold their
end.
That the Founders would finally write a
Constitution that insisted on nothing but gold and
silver for coin, on a federal government that had
the power to tax and enforce that tax, on the
honest payment of all prior debts, and that the
First Congress would likewise insist on
nationalizing all prior state debts, is no
surprise. Financial anarchy almost buried our
precious liberty forever.
Grant, remarkably, brought Revolutionary
America's financial woes to the reader's attention
in laymen's terms, in terrific detail, and in a
manner that never failed to captivate one's
interest. He captivated mine.
If there were weaknesses, Grant failed to
adequately counterbalance the enormous prejudice
generated against Vice President, and President
Adams, with Adams own defense; and he missed a
perfect opportunity to capstone his solid
examination of John Adams' religious background and
leanings, with an equally thorough and thoughtful
look into Adams' soaring religious exchanges with
Jefferson, in the twilight of his life.
Yet these are but gnats to strain at in this
wonderful volume. In fact, the former complaint may
have been a 'by design' feature to reinforce the
author's overarching peer into Adams commitment to
stand as a "Party of One," a man who stood above
the fray of partisan party politics, and the
exigencies of the moment, one who remained true to
God, family and country, no matter the chorus
against him, no matter the sacrifice.
And the sacrifices were mountainous. Grant
details them meticulously and then gives Adams'
inspiring response to them all in a confidential
letter to Abigail. "Nobody knows of it. Nobody
cares for it, but I shall be rewarded for it, in
Heaven I hope. Where Mayhew and Thatcher and Warren
are rewarded I hope, none of whom, however, were
permitted to suffer so much. They were taken from
the Evil to come."
Then wistfully he asks, "Is it not Strange and
Sad that Simple Integrity should have so many
enemies?"
Enemies he had, loneliness he had, personal
sacrifice he had in the extreme, but John Adams put
up with it all because of his faith that God had
sent him to Earth to do this great thing; and he
was not one to look the other way when His
Providence called.
Farrell
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