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Country Quotes - Page 805

For, when the credit of a country is in any degree questionable, it never fails to give on extravagant premium, in one shape or another, upon all the loans it has occasion to make. Nor does the evil end here; the same disadvantage must be sustained upon whatever is to be bought on terms of future payment. From this constant necessity of borrowing and buying dear, it is easy to conceive how immensely the expenses of a nation, in a course of time, will be augmented by an unsound state of the public credit.

United States. Department of the Treasury, Alexander Hamilton (1828). “Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States”, p.3

It is presumable that no country will be able to borrow of foreigners upon better terms than the United States, because none can, perhaps, afford so good security.

United States. Department of the Treasury, Alexander Hamilton (1828). “Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States”, p.16

The system is the best that the present views and circumstances of the country will permit.

Alexander Hamilton (1810). “The Works of Alexander Hamilton: Comprising His Most Important Official Reports: An Improved Edition of the Federalist, on the New Constitution, Written in 1788; and Pacificus, on the Proclamation of Neutrality, Written in 1793 ...”, p.306, New York : Williams and Whitings

But the greatest obstacle of all to the successful prosecution of a new branch of industry in a country, in which it was before unknown, consists . . . in the bounties, premiums, and other aids which are granted, in a variety of cases, by the nations, in which the establishments to be imitated are previously introduced.

United States. Department of the Treasury, Alexander Hamilton (1828). “Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States”, p.93

A treaty cannot be made which alters the Constitution of the country, or which infringes and express exceptions to the power of the Constitution.

Alexander Hamilton (1851). “The Works of Alexander Hamilton: Cabinet papers [contin.] 1794-1795. [Miscellanies, 1794-1795] Military papers. 1798-1800. Correspondence [contin.] 1789-1795”, p.121

It's one of the things I love most about being an author - seeing the different covers from each country.

"Interview With Alexander Gordon Smith, Author Of Lockdown and Solitary". Interview with Melissa Montovani, www.yabookshelf.com. January 18, 2011.