John Adams Aristocracy Quotations

You are apprehensive of monarchy; I, of aristocracy. I would therefore have given more power to the President and less to the Senate.

Our whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.