But though a funded debt is not in the first instance, an absolute increase of Capital, or an augmentation of real wealth; yet by serving as a New power in the operation of industry, it has within certain bounds a tendency to increase the real wealth of a Community, in like manner as money borrowed by a thrifty farmer, to be laid out in the improvement of his farm may, in the end, add to his Stock of real riches.

Give all the power to the many, they will oppress the few. Give all the power to the few, they will oppress the many.

...that standing army can never be formidable (threatening) to the liberties of the people, while there is a large body of citizens, little if at all inferior to them in the use of arms.

The Achaeans soon experienced, as often happens, that a victorious and powerful ally is but another name for a master.

There are some who maintain that trade will regulate itself, and it is not to be benefited by the encouragements or restraints of government. Such persons will imagine that there is no need of a common directing power. This is one of those wild speculative paradoxes, which have grown into credit among us, contrary to the uniform practice and sense of the most enlightened nations.

To all general purposes we have uniformly been one people each individual citizen everywhere enjoying the same national rights, privileges, and protection.

They are not rules prescribed by the sovereign to the subject, but agreements between sovereign and sovereign.