The Federalist, on the New Constitution

The Federalist, on the New Constitution

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How can it ever possess either energy or1 stability, dignity or credit, confidence at home, or respectability abroad ? ... sake, that the revenue arising from the import duties answers the purposes of a provision for the public debt, and of a peace establishment for the union. ... the expedient of diverting the funds already appropriated, from their proper objects, to the defence of the state ? ... In the modern system of war, nations die most wealthy, are obliged to have recourse to large loans.

Title:The Federalist, on the New Constitution
Author: Alexander Hamilton, James Madison, John Jay
Publisher:The Lawbook Exchange, Ltd. - 2008-01-01

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