The Jeffersonian cyclopedia; a comprehensive collection of the views of Thomas Jefferson classified and arranged in alphabetical order under nine thousand titles relating to government, politics, law, education, political economy, finance, science, art, literature, religious freedom, morals, etc.; |
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2039. DEBT (Revolutionary), Redemption of Domestic.— |
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 | The Jeffersonian cyclopedia; |  |
2039. DEBT (Revolutionary), Redemption of Domestic.—
No man in America ever
entertained a doubt that our foreign debt is to
be paid fully; but some people in America have
seriously contended, that the certificates and
other evidences of our domestic debt, ought
to be redeemed only at what they have cost the
holder. * * * But this is very far from
being a general opinion; a very great majority
being firmly decided that they shall be paid
fully. Were I the holder of any of them, I
should not have the least fear of their full payment.—
To Messrs. Van Staphorst. Washington ed. i, 369.
Ford ed., iv, 78.
(P.
1785)
| The Jeffersonian cyclopedia; | |