The next day General Dayton (a senator), after some jesting
conversation, asked me to converse with him in private. We retired. He
said that he, with some other gentlemen, wished to have a termination
put to the pending election; but be wished to know what were the
opinions or conversations of Mr. Jefferson respecting the navy,
commerce, and the public debt. In answer, I said that I had last night
had conversation with Mr. Jefferson on all those subjects; that be had
told me that any opinion be should give at this time might be
attributed to improper motives; that to me he had no hesitation in
saying that, as to the public debt, he had been averse to the manner
of funding it, but that he did not believe there was any man who
respected his own character who would or could think of injuring its
credit at this time; that, on commerce, he thought that a correct idea
of his opinions on that subject might be derived from his writings,
and particularly from his conduct while he was minister at Paris, when
be thought he had evinced his attention to the commercial interest of
his country; that he had not changed opinion, and still did consider
the prosperity of our commerce as essential to the true interest of
the nation; that on the navy he had fully expressed his opinions in
his Notes on Virginia; that he adhered still to his ideas then given;
that he believed our growing commerce would call for protection; that
he had been averse to a too rapid increase of our navy; that he
believed a navy must naturally grow out of our commerce, but thought
prudence would advise its increase to progress with the increase of
the nation, and that in this way he was friendly to the establishment.
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