Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 3 by Thomas Jefferson
page 88 of 775 (11%)
page 88 of 775 (11%)
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individual debts. Others have done nothing. The State creditors urge,
that these debts were as much for general purposes as those contracted by Congress, and insist that Congress shall assume and pay such of them as have not been yet paid by their own States. The States who have exerted themselves most, find, that notwithstanding the great payments they have made, they shall by this assumption, still have nearly as much to pay as if they had never paid any thing. They are therfore opposed to it. I am in hopes a compromise will be effected by a proportional assumption, which may reach a great part of the debts, and leave still a part of them to be paid by those States who have paid few or none of their creditors. This being once settled, Congress will probably adjourn, and meet again in December, at Philadelphia. The appearance of war between our two neighbors, Spain and England, would render a longer adjournment inexpedient. I have the honor to be, with great esteem, Dear Sir, your most obedient and most humble servant, Th: Jefferson. LETTER XXXII--TO WILLIAM SHORT, July 26, 1790 TO WILLIAM SHORT. New York, July 26, 1790. |
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