The Great Questions of the Times Exemplified in the Antagonistic Principles Inv
The Great Questions of the Times Exemplified in the Antagonistic Principles Inv
African American Pamphlet Collection Library of C
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THE AVAR DEBr ENDUUABT. E IF THE UNION IS SAVED. There is another phase of these ques- tions which ought to be kept steadily in tlie public mind. It is true, my friends, that we are rolling up an immense war debt ; but let it be remembered that such debt is the result of efibrts to maintain free government. We shall have the debt whether we maintain the jurisdic- tion of the government or not. AVe can- not escape it, nor can we escape taxation to meet the interest or redeem the prin- cipal, unl...ess we go into repudiation under tlie disabling process created by disinte- gration. Suppose it readies the amount I of the public debt of England ; it will still be endurable and easily borne if we hold our country together. The English debt is cared for by the population of the British islands, embracing a territory about tAvice as large as New York, wath a population of some thirty millions. The colonies of Great Britain contribute noth- ing. They are a large expense on the British exchequer.
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