That principle is that, contrary to the prevailing rule and practice in large transfers of sovereignty, debts do not necessarily follow the territory if incurred by the mother country distinctly in efforts to enslave it.
Reid articulates a principle regarding the non-transferability of debts incurred by a mother country during efforts to enslave a territory.
Share
More from Whitelaw Reid
The danger commences with the first extra-continental State.
I never saw hands more cheerful or contented than some managed on this last plan were.
Congress is supreme, and, for all the purposes of this department, has all the powers of the people of the United States, except such as have been expressly or by implication reserved in the prohibitions of the Constitution.
Above all, if there is a trace of politics in their work, or of seeking for political effect at home, they will fail, and deserve to fail.