How Our National Debt May Be a National Blessing the Debt is Public Wealth Po

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How Our National Debt May Be a National Blessing the Debt is Public Wealth Po
Samuel Wilkeson
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This, our National War Debt, should be held forever in place as the political tie of the States and the bond forever of a fraternal nationality. It will give a common interest in the Union that nothing else can give. It will impart to a co-part- nership between thirty-five millions of people the unity of feel- ing arising from a community of interest in a co-partnership capital of three thousand millions of dollars. Tied to the Union by the Union debt, nor Western States, nor Southern States St
...ates beyond the Rocky Mountains nor States by the Atlantic Sea States that plant nor States that weave States that mine nor States that smelt and hammer, can ever find in- ducement in sectional interests to draw asunder from each other. The proprietary interest of the voters of the several States in the National Debt, will be sufficient for ever to ensure the prompt stamping out of life, of all the politics that may dare a second experiment in disrupting the United States of America. Had we possessed a huge Union debt in 1860, and had as much of it been diffused among the mountaineers and planters of South Carolina as is now held in Rhode Island, as much in Alabama as now in Indiana, as much in Georgia as now in Minnesota, as much in Virginia as now in Connecticut, the war for slavery had never been waged.

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