He would have been dealing constantly with a surplus instead of a deficit, and could not have put the nation to shame by forcing it to hawk its paper in the money markets at the usurious rate of one per cent. a month.
James Blaine: “He would have been dealing constantly with a surplus instead of a deficit, and could not have put the nation to shame by…”
Editor's note · Context
Blaine reflects on how better financial management could have avoided national embarrassment during a deficit.
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Under such circumstances, to send a military force into any State, with orders to act against the people, would be simply making war upon them.
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.
The States are colleagues of one another, and if some of them shall conquer the rest, and hold them as subjugated provinces, it would totally destroy the whole theory upon which they are now connected.
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…





