As riches increase and accumulate in few hands, as luxury prevails in society, virtue will be in a greater degree considered as only a graceful appendage of wealth, and the tendency of things will be to depart from the republican standard. This is the real disposition of human nature; it is what neither the honorable member nor myself can correct. It is a common misfortunate that awaits our State constitution, as well as all others.
Alexander Hamilton, John Church Hamilton (1850). “The Works of Alexander Hamilton: Miscellanies, 1774-1789: A full vindication; The farmer refuted; Quebec bill; Resolutions in Congress; Letters from Phocion; New-York Legislature, etc”, p.443