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Allow a government to decline paying its debts and you overthrow all public morality — you unhinge all the principles that preserve the limits of free constitutions. Nothing can more affect national prosperity than a constant and systematic attention to extinguish the present debt and to avoid as much as possibly the incurring of any new debt.
 By: | Alexander Hamilton (more quotes by Alexander Hamilton or books by/about Alexander Hamilton) |
| (1757-1804) American statesman, Secretary of the Treasury |
Categories: | Constitution, Debt, Morality |
Rating: |   |
Kindle Categories: | Debt |