As on the one hand, the necessity for borrowing in particular emergencies cannot be doubted, so on the other, it is equally evident that to be able to borrow upon good terms, it is essential that the credit of a nation should be well established.
Alexander Hamilton, John Church Hamilton (1850). “The Works of Alexander Hamilton: Miscellanies, 1789-1795: France; Duties on imports; National bank; Manufactures; Revenue circulars; Reports on claims, etc”, p.2
