In this opinion the true Virginia school probably concurred. Economy for its own sake was not the chief object of that class of men, and any reform on such narrow ground was not wholly to their taste. Even they were well aware at the moments when they complained the most of extravagance that the United States, compared with any powerful European government, had always been a model of economy,—and indeed the most obvious criticism of the system was that economy had been its only extravagance. In the year 1800, when expenses were swollen to their highest point, in consequence of a quasi war with France, the disbursements reached about $11,500,000, of which the sum of $4,578,000 was on account of public debt. The running expenses of the government, including the creation of an army and a navy, did not then exceed $7,000,000, or about $1.30 a head to each inhabitant. The average annual expenditure for the past ten years had been about $9,000,000,—a smaller sum than Jefferson ever succeeded in spending. This example of economy was enough to strike the imagination of any observer; and still greater parsimony, even though it should reduce the running expenses by one half, could do no more than strengthen the same impression, or at most create an idea that republican government was too economical for its own safety. This was no revolution such as the Virginians wished to effect. They aimed at restricting power even more than at relieving taxation.
