As a principle the proposition is dangerous." He protested vigorously against making any part of the public debt payable in foreign countries.
Editor's note · Context
Blaine expresses concern about the dangers of making public debt payable in foreign countries.
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It is to the eminent credit of the Republican members of Congress that they stood in a crisis of this magnitude true to principle, firm against all the power and all the patronage of the Administration.
An attempt to guarantee and protect a revived State government constructed in whole or in preponderating part from the very element against whose hostility and violence it is to be protected is simply absurd.
The wisdom of maintaining that institution was abundantly vindicated by the results of the war.
This ratio of influence went into the Electoral College, and gave to the white men of South Carolina, Mississippi and Louisiana double the power of that enjoyed by white men in New York, Illinois and California.





