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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2058. DEBT (United States), Louisiana and.— |
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2058. DEBT (United States), Louisiana and.—
Should the acquisition of Louisiana be
constitutionally confirmed and carried into effect,
a sum of nearly thirteen millions of dollars
will then be added to our public debt,
most of which is payable after fifteen years;
before which term the present existing debts
will all be discharged by the established operation
of the sinking fund.—
Third Annual Message. Washington ed. viii, 27.
Ford ed., viii, 271.
(Oct. 1803)
| The Jeffersonian cyclopedia; | |