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To: Gaffer

Regarding Hamilton’s advocating the Federal assumption of war debt, you said:

“I’m sure in his time, most in government were on the plus side of honorable.....”

“True, he felt it was for the collective good will and camaraderie, etc. and that it would foster a common will..”

I have never seen a quote of this sort from Hamilton, and you certainly cannot ‘channel’ Hamilton.

Hamilton’s motivation was to transfer wealth through debt which would be paid by a federal bank from one class of people to another.


38 posted on 05/28/2012 8:13:53 AM PDT by PeaRidge
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To: PeaRidge

Hamilton did not write Article I Section 8, “to pay the debts . . . “ It was included largely as an inducement to the States. Most were wallowing in horrible war debt and if they joined the Constitutional Union they would find relief.


41 posted on 05/28/2012 8:31:29 AM PDT by Jacquerie (No court will save us from ourselves)
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