It is a condition not implying dishonesty or even recklessness, but one which follows from a positive inability in the public mind to estimate the expenditure of money by the standards which are applied in the era of peaceful industry, careful supervision and prudent restraint.
Blaine describes a public mindset that struggles to apply traditional standards of financial restraint in a time of economic expansion.
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It was the insane folly of the South, in drawing the sword against the life of the Nation, that led irresistibly to the abolition of slavery.
In turn, the course of the National Administration would certainly be influenced, and its fate in large degree determined, by the conduct of the Southern men, in whom the President was placing unbounded trust.
Their convention did more to popularize the Fourteenth Amendment as a political issue than any other instrumentality of the year.
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…
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