FOOTNOTES:
[117] This practically stopped execution sales, as the freeholders appraised property so high that no bidder would offer two-thirds of the appraised value. Flint regards the replevin laws as a protection to knaves; as a matter of fact, they were a protection to the majority of the people of the Western States, who had bought their lands on credit, and in the depreciated state of paper money found themselves helpless to pay, and their land about to be sold at a great sacrifice. See McMaster, History of the United States, iv, pp. 506-510.—Ed.
[118] Essay on the Justice and Expediency of Reducing the Interest of the National Debt. By Mr. J. R. McCulloch. Edinburgh, 1816.—Flint.