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.

In testimony of their Respect For The Patriot of incorruptible Integrity, The Soldier of approved Valour The Statesman of consummate Wisdom; Whose Talents and Virtues will be admired By Grateful Posterity Long after this Marble shall have mouldered into Dust.

Those who do not industrialize become hewers of wood and hawkers of water

No man in his senses can hesitate in choosing to be free, rather than a slave.

Money is, with propriety, considered as the vital principle of the body politic; as that which sustains its life and motion, and enables it to perform its most essential functions.

It may safely be received as an axiom in our political system, that the state governments will in all possible contingencies afford complete security against invasions of the public liberty by the national authority.

The power of creating new funds upon new objects of taxation, by its own authority, would enable the national government to borrow as far as its necessities might require.