 | Lloyd D. Simpson - Presidents - 1885 - 190 pages
...follows: On page 41, of Hamilton's Report on Public Credit, dated January 9th, 1790, is the following: "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... | |
 | Economics - 1889 - 558 pages
...expression.J On this occasion, however, an explanation follows, which shows us his real thought. " 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 abuse, that he ardently wishes... | |
 | Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1889 - 558 pages
...expression.^: On this occasion, however, an explanation follows, which shows us his real thought. " 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 abuse, that he ardently wishes... | |
 | Charles Franklin Dunbar - Banks and banking - 1904 - 420 pages
...thought. " Persuaded as the Secretary is that the proper funding of the present debt will render ka national blessing, yet he is so far from acceding...sometimes laid down, that public debts are public benefits, a position inviting to prodigality and liable to dangerous abuse, that he ardently wishes... | |
 | Charles Franklin Dunbar - Banks and banking - 1904 - 528 pages
...expression.2 On this occasion, however, an explanation follows, which shows us his real thought. " Persuaded as the Secretary is that the proper funding of the present debt will render ic a national blessing, yet he is so far from acceding to the position, in the latitude in which it... | |
 | Charles Jesse Bullock - Finance - 1906 - 698 pages
...so far as to say, as Pinto did, that the debt should never be wholly paid off. He said, in fact: " 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 abuse — that he ardently... | |
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Persuaded as the Secretary is, that the proper funding of the present debt will render it a national blessing; yet he is so far from acceding to the position, in the latitude in which it is sometimes laid down, that " public debts are public benefits,"... 
