This is from a letter Alexander Hamilton wrote in 1780.
No wise statesman will reject the good from an apprehension of the ill. The truth is, in human affairs, there is no good, pure and unmixed. Every advantage has two sides, and wisdom consists in availing ourselves of the good and guarding as much as possible against the bad…
A national debt, if it is not excessive, will be to us a national blessing. It will be powerful cement of our union. It will also create a necessity for keeping up taxation to such a degree which, without being oppressive, will be a spur to industry.
