National Debt

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Title: National Debt

Essay Details:

Subject: Miscellaneous

Author: Wilbert M

Date: June 2, 2015

Level: University

Grade: A

Length: 10 / 2801

Essay text:

The time was some 70 years before the birth of Christ. Young Marcus Cicero, then a student of law and an eminent lawyer of this day, was just about to suffer his first great disillusionment with grasping government. Rome, by force of arms, guile and trickery, dominated the world. Its citizens had grown slick and fat, careless of their rights, and had fallen prey to the ruthless politicians who craved more and ever more power and riches. SLIDE 2 The national debt was born in the War of Independence. Within a week of the Battle of Bunker Hill in 1775, the Continental Congress, following colonial precedents, authorized an issue of $2 million of bills of credit, called Continentals, to finance the war...

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