At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.


Memoirs, 4: Correspondence and Private Papers (ed. 1829)


At the time we were funding our national debt, we heard much about a public debt being a public blessing; that the stock representing it was a...

At the time we were funding our national debt, we heard much about a public debt being a public blessing; that the stock representing it was a...

At the time we were funding our national debt, we heard much about a public debt being a public blessing; that the stock representing it was a...

At the time we were funding our national debt, we heard much about a public debt being a public blessing; that the stock representing it was a...