University of Virginia Library

2364. ECONOMY vs. NEW LOANS.—

I
learn with great satisfaction that wholesome
economies have been found, sufficient to relieve
us from the ruinous necessity of adding
annually to our debt by new loans. The
deviser of so salutary a relief deserves truly
well of his country.—
To Samuel Smith. Washington ed. vii, 284. Ford ed., x, 251.
(M. 1823)
See Loans.