Fisher Ames Quotes
I consider biennial elections as a security that the sober, second thought of the people shall be law.
His faction won on the House and lost with respect to the Senate.
Fisher Ames, 1758-1808, U.S. Congressman (Federalist, MA) and Harvard University President, Opposing 4 year House, and 6 year Senate terms
Sourced by: Eigen's Political and Historical Quotations
Although it had conservative and progressive support, there was opposition in the middle and the vote failed in the House 188 to 209. See Hamilton Fish for the amendment text.
He was referring to the House which could check the elite few of the Senate and the Senate which could check the temporary will of the majority.
The speech was never actually delivered, but instead the Bishop published it. It received wide distribution including in America where it was published by the Maryland Gazette on September 29, 1774.
Fisher Ames was a Representative in the United States Congress from the 1st Congressional District of Massachusetts. He was an important leader of the Federalist Party in the House, and was noted for his oratorical skill.