As on the one hand, the necessity for borrowing in particular emergencies…




As on the one hand, the necessity for borrowing in particular emergencies…

As on the one hand, the necessity for borrowing in particular emergencies… --Alexander Hamilton

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

Year: 1790
Context: Report on Public Credit
Tags: borrowing, credit, emergencies, established, evident, good terms, nation, necessity



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