Crimes of the Civil War And Curse of the Funding System

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These two questions recur with amazing force to the mind : 1st. By what power will you force Congress to legislate appro- priations for the payment of a debt which they determine not to pay ?
2d. How will you force the people to elect a Congress favor- able to the payment of such a debt, if they are determined not to do it ?
When the terrible issue comes upon the people, the conflict between the unyielding pressure of debt and taxation and the evanescent fumes of party spirits, every minor obje
...ction will be met at the threshold.
The Constitutional Amendment is the worst, and for the bond- holder, the most unreliable of all his hopes. Experience has taught, at the most terrible rates of tuition, to the unhappy people of America, that Constitutional provisions have failed to re- strain the most aggravated violation of its own reserved powers, and for the purpose of enforcing positive obligations, has been entirely inoperative. Only one instance need be cited in illus- tration of this argument : he duty of Congress to establish uniform laws upon the sub-, of bankruptcy throughout the United States, which to this, with all of the combined influence of business working in, favor, has not been permanently done, though several times !mpted.


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