Democracy Unveiled Or Tyranny Stripped of the Garb of Patriotism volume 1

Christopher Caustic

The book Democracy Unveiled Or Tyranny Stripped of the Garb of Patriotism volume 1 was written by author Christopher Caustic Here you can read free online of Democracy Unveiled Or Tyranny Stripped of the Garb of Patriotism volume 1 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Democracy Unveiled Or Tyranny Stripped of the Garb of Patriotism volume 1 a good or bad book?

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Jefferson, says that writer, after mentioning an offer which had been made by a company of Hol- landers, for the purchase of the debt, concludes with these extraordinary expressions : " If there is a danger of the public payments not * See a fiamfihlei ', written by William Sm'fh, Esq, rf S'jiit/i Carany. " " This letter was the subject of a report from the Board of Treasury, in February, 1787. The board treated the idea of transfer, proposed, as both UN- JUST and IMPOLITIC ; unjust, because th...e nation- would contract an engagement, which there was no well grounded prospect of fulfilling ; impolitic, be- cause a failure in the payment of interest on this debt transferred (which was inevitable) would justly blast all hopes of credit with the citizens of the United Netherlands, in future pressing exigencies of the union ; and the Board gave it as their opin- ion, that it would be advisable for Congress, with- out delay, to instruct their minister at the court of France, to forbear giving his sanction to any such transfer.

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