If the National credit was to be maintained these sixteen hundred millions of floating obligations must be promptly placed on a basis that would give time to the Government to provide means for their ultimate redemption.
James Blaine: “If the National credit was to be maintained these sixteen hundred millions of floating obligations must be promptly…”
Editor's note · Context
Blaine emphasizes the urgency of addressing floating obligations to maintain national credit.
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The right of the General Government to preserve itself in its whole constitutional vigor by repelling a direct and positive aggression upon its property or its officers cannot be denied.
You can use force only to repel an assault on the public property and aid the Courts in the performance of their duty.
But what if the feeling in any State against the United States should become so universal that the Federal officers themselves (including judges, district attorneys, and marshals) would be reached by the same influences, and resign their…
If this view of the subject be correct, as I think it is, then the Union must utterly perish at the moment when Congress shall arm one part of the people against another for any purpose beyond that of merely protecting the General…





