"A state too expensive in itself, or by virtue of its dependencies, ultimately falls into decay; its free government is transformed into a tyranny; it disregards the principles which it should preserve, and finally degenerates into despotism. The distinguishing characteristic of small republics is stability: the character of large republics is mutability."
January 1, 1970
https://en.wikiquote.org/wiki/Sim%C3%B3n_Bol%C3%ADvar