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Ch. XVII Constitutional Advantages —
Among the effects resulting from the institution
National debt, at the first in the early stages of
its existence, was the support security it afforded to the
old-established constitution, by engaging the purses and affections of the money'd interest, in
the service and support of the new-established
Government. That was the great money'd interest.
An advantage resulting from the
transmutation of that Debt into the proposed form
would be — the securing, the support of the
for the constitution and government new grown
into one, the support of the same powerful tier.
in other points of view, the institution of that
Nat Debt has found many disapprovers: in
this, it has found none: — at leas among those,
at least, not by whom the existing constitution is
regarded as worth preserving fit to be preserved. — The advantage
resulting from the transmutation of that Debt, into
the proposed form, would be — the securing, to
the constitution and government, new grown into
one, the support, of what may be called the little money'd interest, by the same powerful tie.
The
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ch. xvii constitutional advantages |
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jeremy bentham |
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frances wright |
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