A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity for keeping up taxation to a degree which without being oppressive, will be a spur to industry;


Correspondence. 1769-1789 (ed. 1850)

Alexander Hamilton Quotes

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity...

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity...

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity...

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity...