The National Debt Financially Considered

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1859 edition. Excerpt: ...of this country, it is only, as we said before, a mortgage held by one portion of the nation, which gives that portion a right to participate and share in the general stock. A mortgage neither makes the value of an estate or of a country more nor Chap, Ix. less; it is merely a question of the proportionate ...

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