A month later, Madison replied to the president's letter, giving his opinion, that if he was determined to retire, it would be expedient and highly proper for him to put forth a valedictory address through the public prints; at the same time he expressed a hope that Washington would "reconsider the measure in all its circumstances and consequences," and that he would acquiesce in one more sacrifice, severe as it might be, to the desires and interests of his country. With the letter Madison sent a draft of an address, and in reference to it remarked: "You will readily observe that, in executing it, I have aimed at that plainness and modesty of language which you had in view, and which indeed are so peculiarly becoming the character and the occasion; and that I had little more to do, as to the matter, than to follow the just and comprehensive outline which you had sketched. I flatter myself, however, that in everything which has depended on me, much improvement will be made before so interesting a paper shall have taken its last form."
In a letter to the president, written on the twenty-third of May, Jefferson expressed his concern at the determination of the president. "When you first mentioned to me your purpose of retiring from the government," he said, "though I felt all the magnitude of the event, I was in a considerable degree silent. I knew that to such a mind as yours persuasion was idle and impertinent; that, before forming your decision, you had weighed all the reasons for and against the measure, had made up your mind in full view of them, and that there could be little hope of changing the result. Pursuing my reflections, too, I knew we were some day to try to walk alone, and, if the essay should be made while you should be alive and looking on, we should derive confidence from that circumstance and resource if it failed. The public mind, too, was then calm and confident, and therefore in a favorable state for making an experiment. But the public mind is no longer so confident and serene, and that for causes in which you are no way personally mixed." He then went on at great length in denunciation of the funding system, as one calculated and even _intended_ to "corrupt the legislature," and as the chief instrument in efforts to establish a monarchical and aristocratical government upon the ruins of the confederation--of preparing the way "for a change from the present republican form of government to that of a monarchy, of which the English constitution is to be the model." He then said:--