They inherited a mountain of debt from the Revolutionary struggle, they had no credit, and the only representative of value which they controlled was the vast body of public land in the North- west Territory.
Editor's note · Context
Blaine outlines the financial burdens inherited by the new government from the Revolutionary War.
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He had placed himself in a position from which he could not with grace retreat, and to go forward in which was still further to blight his hopes of promotion in his party.
In my judgment our sole authority for the acts which we have done during the last four years was the authority communicated to Congress by the Constitution to suppress insurrection.
The Northern people shrank from the responsibility of transferring the government of States to the control of men who had already shown themselves capable of desperate deeds.
These divergent practices had been allowed to develop for seventy-seven years of the nation's life, when, admonished by the Stockton case of the latitudinary results to which loose methods might lead, Congress took jurisdiction of the…





