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234 CORRESPONDENCE AND PUBLIC PAPERS. conduct correspond with this confidence, and let us rescue our credit from its present imputations. Had the attention of America to this object been unremitted, had taxes been seasonably imposed and collected, had proper loans been made, had laws been passed and executed for punishing those who maliciously endeavoured to injure the public credit,—had these and many other things equally necessary been done, and had our currency, notwithstanding all these efforts, declined to its present degree of depreciation, our case would indeed have been deplorable. But as these exertions have not been made, we may yet experience the good effects which naturally result from them. Our former negligences, therefore, should now animate us with hope, and teach us not to despair of removing, by vigilance and application, the evils which supineness and inattention have produced. It has been already observed, that in order to prevent the further natural depreciation of our bills, we have resolved to stop the press, and to call upon you for supplies by loans and taxes. You are in capacity to afford them, and are bound by the strongest ties to do it. Leave us not, therefore, without supplies, nor let in that flood of evils which would follow from such a neglect. It would be an event most grateful to our enemies; and, depend upon it, they will redouble their artifices and industry to compass it. Be, therefore, upon your guard, and examine well the policy of every measure and the evidence of every report that may be proposed or mentioned to you
Title | The correspondence and public papers of John Jay - 1 |
Creator | Jay, John |
Type | Books/Pamphlets |
Title | 00000265 |
Type | Books/Pamphlets |
Transcript | 234 CORRESPONDENCE AND PUBLIC PAPERS. conduct correspond with this confidence, and let us rescue our credit from its present imputations. Had the attention of America to this object been unremitted, had taxes been seasonably imposed and collected, had proper loans been made, had laws been passed and executed for punishing those who maliciously endeavoured to injure the public credit,—had these and many other things equally necessary been done, and had our currency, notwithstanding all these efforts, declined to its present degree of depreciation, our case would indeed have been deplorable. But as these exertions have not been made, we may yet experience the good effects which naturally result from them. Our former negligences, therefore, should now animate us with hope, and teach us not to despair of removing, by vigilance and application, the evils which supineness and inattention have produced. It has been already observed, that in order to prevent the further natural depreciation of our bills, we have resolved to stop the press, and to call upon you for supplies by loans and taxes. You are in capacity to afford them, and are bound by the strongest ties to do it. Leave us not, therefore, without supplies, nor let in that flood of evils which would follow from such a neglect. It would be an event most grateful to our enemies; and, depend upon it, they will redouble their artifices and industry to compass it. Be, therefore, upon your guard, and examine well the policy of every measure and the evidence of every report that may be proposed or mentioned to you |
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