
How our national debt may be a national blessing. The debt is public wealth, political union. Protection of industry, secure basis for national currency, the orphans' and widows' savings fund ... Issued by Jay Cooke, general subscription agent of the government loans
Philadelphia: M'Laughlin Brothers, printers, 1865. 8vo, pp. 21, [1]; original printed tan wrappers; very good. It was Alexander Hamilton who famously said, "A national debt, if it is not excessive, will be to us a national blessing." Jay Cooke, the financier of the Civil War took it one step further: "National debts are national blessings." Item #58283
Price: $150.00
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