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interesting. The debt of the South! Why may it not be a proper subject of alarm to our Government? It certainly is no plain & straight way in which the nation must go even after its regeneration, its resusication . It is intricate & beset with enormous difficulties. And it will require all the wisdom & patriotism & fidelity of our best men to carry the country through the trying

        of reaction 

period ^ which invariably follows war.

     But H.G. was sounder 

in the views he expressed, and certainly they were more in