00000324 |
Previous | 324 of 498 | Next |
|
small (250x250 max)
medium (500x500 max)
Large
Extra Large
large ( > 500x500)
Full Resolution
All (PDF)
|
JAY TO FLORIDA BLANCA. 293
A statement of the public debts.
This subject your Excellency will find fully discussed in an address of Congress to their constituents,
in which they compute their debts, and mention the
means they had taken to preserve the public, credit.
It is also herewith enclosed, and marked No. 7.
A statement of the debts of each particular State.
Although exact accounts of these debts are contained in the public printed acts of each State, yet as
I neither have any of those acts or extracts from
them with me, and my general knowledge on this
head is very imperfect, I am deterred from giving
your Excellency any information respecting it, by the
very great risk I should run of misleading you on this
point.
The resources to lessen these debts.
Taxes ; foreign and domestic loans ; sales of confiscated estates, and ungranted lands.
The possibility of their supporting their credit in all
the operations of government, in the commerce of
their inhabitants, and, above all, in the protection
of national industry.
As to the possibility of supporting their credit in
the cases mentioned, there is no doubt it is very
possible. How far it is probable, is a question less
easy to answer. If the taxes called for by Congress
last fall be duly paid, all will be safe. But whether
| Title | The correspondence and public papers of John Jay - 1 |
| Creator | Jay, John |
| Type | Books/Pamphlets |
| Title | 00000324 |
| Type | Books/Pamphlets |
| Transcript | JAY TO FLORIDA BLANCA. 293 A statement of the public debts. This subject your Excellency will find fully discussed in an address of Congress to their constituents, in which they compute their debts, and mention the means they had taken to preserve the public, credit. It is also herewith enclosed, and marked No. 7. A statement of the debts of each particular State. Although exact accounts of these debts are contained in the public printed acts of each State, yet as I neither have any of those acts or extracts from them with me, and my general knowledge on this head is very imperfect, I am deterred from giving your Excellency any information respecting it, by the very great risk I should run of misleading you on this point. The resources to lessen these debts. Taxes ; foreign and domestic loans ; sales of confiscated estates, and ungranted lands. The possibility of their supporting their credit in all the operations of government, in the commerce of their inhabitants, and, above all, in the protection of national industry. As to the possibility of supporting their credit in the cases mentioned, there is no doubt it is very possible. How far it is probable, is a question less easy to answer. If the taxes called for by Congress last fall be duly paid, all will be safe. But whether |
|
|
|
|
|
|
| B |
|
| C |
|
| G |
|
| H |
|
| M |
|
| T |
|
| U |
|
| Y |
|
|
|
