| Hugh A. Garland - Biography & Autobiography - 1850 - 336 pages
...he yet, in express terms, declared himself against it. " Persuaded as the Secretary is," says he, " that the proper funding of the present debt will render it a national blessing, VOL. i. 3 yet he is so far from acceding to the proposition, in the latitude in which it is sometimes... | |
| Alexander Hamilton - 1851 - 946 pages
...Treasury on the subject of a provision for the public debt, presented the 14th of January, 1790. " Persuaded, as the Secretary is, that the proper funding...sometimes laid down, that "public debts are public benefits," a position inviting to prodigality, and liable to dangerous abitse, that he ardently wishes... | |
| Hugh A. Garland - Statesmen - 1851 - 486 pages
...he yet, in express terms, declared himself against it. " Persuaded as the Secretary is," says he, « that the proper funding of the present debt will render...national blessing, yet he is so far from acceding to the proposition, in the latitude in which it is sometimes laid down, that ' public debts are public benefits'... | |
| John Church Hamilton - United States - 1879 - 626 pages
...limitation to four per cent. Having completed his view of the Funding System, Hamilton observed : " Persuaded as the Secretary is, that the proper funding of the present debt, will render it a material blessing, yet, he is so far from acceding to the position, in the latitude in which it is... | |
| Samuel Mosheim Smucker - Presidents - 1857 - 408 pages
...the new loan by an appropriation co-extensive with the duration of the debt." On page 41 he says : " Persuaded as the Secretary is, that the proper funding of the present debt will render it a public blessing, yet he is so far from acceding to the position in the latitude in which it is sometimes... | |
| John Church Hamilton - United States - 1864 - 596 pages
...limitation to four per cent. Having completed his view of the Funding System, Hamilton observed : " Persuaded as the Secretary is, that the proper funding of the present debt, will render it a material blessing, yet, he is so far from acceding to the position, in the latitude in which it is... | |
| William Cabell Rives - United States - 1868 - 678 pages
...that public debts are public benefits, he yet expressed his persuasion, ORIGINAL DEBT OF THE UNION. 73 that " the proper funding of the present debt will render it a national blessing." As a large portion of the evidences of the public debt was now held by purchasers and speculators,... | |
| James Alexander Hamilton - History - 1869 - 672 pages
...House of Representatives. The total was assumed to be $25,000,000, principal and interest. He says : " Persuaded, as the Secretary is, that the proper funding...laid down, that public debts are public blessings, a position inviting to prodigality and liable to dangerous abuse, — that ho ardently wishes to see... | |
| Jacob William Schuckers - Finance - 1874 - 144 pages
...persuaded that the proper funding of the existing debt would render it a national blessing, yet he was far from acceding to the position, in the latitude in which it was sometimes laid down, that "public debts are public benefits," — a position inviting to prodigality... | |
| Lloyd D. Simpson - Presidents - 1885 - 192 pages
..."Persuaded as the Secretary is, that the proper funding of the present debt will render it a public blessing, yet he is so far from acceding to the position...laid down, that public debts are public blessings, a position inviting to prodigality, and liable to dangerous abuse, that he ardently wishes to see it... | |
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