It was true, and was more to the point than most of their other citations, that every one of these Spanish-American republics assumed its debt, that most of them did it before their independence was recognized, and that they gave these debts contracted by Spain the preference over later debts contracted by themselves.
Reid points out that Spanish-American republics prioritized debts contracted by Spain over their own later debts.
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With her, then, we should most sedulously cherish a cordial friendship, and nothing would tend more to knit our affections than to be fighting once more, side by side, in the same cause.
The people have generally more education and refinement than in other parts of the State; their public improvements are better, and their country is every way more attractive.
Above all, if there is a trace of politics in their work, or of seeking for political effect at home, they will fail, and deserve to fail.
They appeared at times when public men often seemed to be groping in the dark on an unknown road, but it is now evident that the road which has been taken is substantially the road they marked out.