In the context you provided, "sanguine" means optimistic or hopeful. The phrase "most sanguine expectations of its friends" suggests that the expectations of its supporters were very positive and enthusiastic. The overall sentiment conveys that the operation of the subject in question has met or exceeded the high hopes of its advocates.
The operation of it has equaled the most sanguine expectations of its friends, and from an habitual attention to it, satisfaction in its administration, and delight in its effects upon the peace, order, prosperity, and happiness of the nation I have acquired an habitual attachment to it and veneration for it.
What does the word "sanguine" mean in the context?
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