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At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.

Thomas Jefferson, Henry Augustine Washington (1854). “The Writings of Thomas Jefferson: Being His Autobiography, Correspondence, Reports, Messages, Addresses, and Other Writings, Official and Private : Published by the Order of the Joint Committee of Congress on the Library, from the Original Manuscripts, Deposited in the Department of State”, p.239
At the time we were funding our national debt, we heard much about a public debt being a public blessing; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and