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.
Blaine reflects on how better financial management could have avoided national embarrassment during a deficit.
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I believe that if it should pass it will receive the sanction of nineteen-twentieths of the loyal people of the country.
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 Congressional districts where the colored race constituted one-half of the total population (and in many instances the proportion was even larger), the vote of one white man offset the vote of two in a Northern district where suffrage…
Such an opportunity would have been a menace to the public credit, and would have proved a constant source of corruption.
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