--- title: "Meaning & Key Takeaway of: It is a well-settled principle of the…" description: "\"It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the a..." image: "https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png" --- # It is a well-settled principle of the international code… ![“It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of…” quote by Andrew Jackson](https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png) [Download](https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png) [Open image](https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png) > “It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.” [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The principle allows a creditor nation to seize assets of the debtor nation’s citizens to satisfy unpaid debts, without resorting to war. **In simple terms:** Asset seizure for debt repayment Key Takeaway Debt can be enforced via property, not war Themes sovereignty international law debt enforcement asset seizure war avoidance Mood pragmatic assertive Type legal doctrine policy statement When to use this quote - government debt negotiations - international arbitration - sanctions enforcement Key Concepts state responsibility legal precedent economic coercion Practical Applications - policy drafting for foreign debt recovery - legal counsel for sovereign debt cases Questions to Reflect On - What are the ethical limits of seizing foreign assets? - How does this principle affect diplomatic relations? ★ ★ ★ ★ ★ No ratings yet [Belonging](https://sms4smile.com/quotes/about/belonging/) [Causes of war](https://sms4smile.com/quotes/about/causes-of-war/) [Code](https://sms4smile.com/quotes/about/code/) [Giving](https://sms4smile.com/quotes/about/giving/) [Integrity](https://sms4smile.com/quotes/about/integrity/) [Nations](https://sms4smile.com/quotes/about/nations/) [Neglect](https://sms4smile.com/quotes/about/neglect/) [Party](https://sms4smile.com/quotes/about/party/) [Principles](https://sms4smile.com/quotes/about/principles/) [Programming](https://sms4smile.com/quotes/about/programming/) [Property](https://sms4smile.com/quotes/about/property/) [War](https://sms4smile.com/quotes/about/war/) ## Related quotes > [We shouldn't be profiting from our students who are drowning in debt while giving a great deal to the banks. That's just wrong.](https://sms4smile.com/quotes/elizabeth-warren/we-shouldn-t-be-profiting-from-our-students-who-are-drowning-in-debt/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [“The revolutionary government owes to the good citizen all the protection of the nation; it owes nothing to the Enemies of the People but…](https://sms4smile.com/quotes/maximilien-de-robespierre/the-revolutionary-government-owes-to-the-good-citizen-all-the/) Maximilien de Robespierre > [Our nation owes a debt to its fallen heroes that we can never fully repay, but we can honor their sacrifice.](https://sms4smile.com/quotes/barack-obama/our-nation-owes-a-debt-to-its-fallen-heroes-that-we-can-never-fully/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Our Nation owes a lasting debt of gratitude to all those selfless members of our Armed Forces who have risked their own freedom and…](https://sms4smile.com/quotes/william-j-clinton/our-nation-owes-a-lasting-debt-of-gratitude-to-all-those-selfless/) [William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) > [Our nation owes a debt of gratitude to the 9/11 Commission members for their valuable service and important recommendations to improve homeland security.](https://sms4smile.com/quotes/jim-ramstad/our-nation-owes-a-debt-of-gratitude-to-the-9-11-commission-members/) [Jim Ramstad](https://sms4smile.com/quotes/author/jim-ramstad/) > [Our nation owes a debt of gratitude to anyone who serves honourably. I think it's despicable that a president would put veterans on his…](https://sms4smile.com/quotes/ryan-zinke/our-nation-owes-a-debt-of-gratitude-to-anyone-who-serves-honourably-i/) [Ryan Zinke](https://sms4smile.com/quotes/author/ryan-zinke/) > [The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.](https://sms4smile.com/quotes/james-madison/the-power-to-declare-war-including-the-power-of-judging-the-causes-of/) [James Madison](https://sms4smile.com/quotes/author/james-madison/) > [I am not in favor of making voters or jurors of Negroes, nor of qualifying them to hold office.](https://sms4smile.com/quotes/abraham-lincoln/i-am-not-in-favor-of-making-voters-or-jurors-of-negroes-nor-of/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [A just fear of an imminent danger, though be no blow given, is a lawful cause of war.](https://sms4smile.com/quotes/francis-bacon/a-just-fear-of-an-imminent-danger-though-be-no-blow-given-is-a-lawful/) [Francis Bacon](https://sms4smile.com/quotes/author/francis-bacon/) > [If you love peace, then hate injustice, hate tyranny, hate greed � but hate these things in yourself, not in another.](https://sms4smile.com/quotes/mahatma-gandhi/if-you-love-peace-then-hate-injustice-hate-tyranny-hate-greed-but/) [Mahatma Gandhi](https://sms4smile.com/quotes/author/mahatma-gandhi/) > [The best defence of peace is not power, but the removal of the causes of war, and international agreements which will put peace on…](https://sms4smile.com/quotes/lester-b-pearson/the-best-defence-of-peace-is-not-power-but-the-removal-of-the-causes/) [Lester B. Pearson](https://sms4smile.com/quotes/author/lester-b-pearson/) > [If I could save the Union without freeing any slave, I would do it.](https://sms4smile.com/quotes/abraham-lincoln/if-i-could-save-the-union-without-freeing-any-slave-i-would-do-it/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [Religion isn't the cause of wars, it's the excuse.](https://sms4smile.com/quotes/jasper-fforde/religion-isn-t-the-cause-of-wars-it-s-the-excuse/) [Jasper Fforde](https://sms4smile.com/quotes/author/jasper-fforde/) > [My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could…](https://sms4smile.com/quotes/abraham-lincoln/my-paramount-object-in-this-struggle-is-to-save-the-union-and-is-not/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [We should talk about the ultimate cause of war. It's a question we should never stop asking, because if we do, there's a chance,…](https://sms4smile.com/quotes/jaron-lanier/we-should-talk-about-the-ultimate-cause-of-war-it-s-a-question-we/) [Jaron Lanier](https://sms4smile.com/quotes/author/jaron-lanier/) ## More by Andrew Jackson > [Disunion by force is treason.](https://sms4smile.com/quotes/andrew-jackson/disunion-by-force-is-treason/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Peace, above all things, is to be desired, but blood must sometimes be spilled to obtain it on equable and lasting terms.](https://sms4smile.com/quotes/andrew-jackson/peace-above-all-things-is-to-be-desired-but-blood-must-sometimes-be/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Desperate courage makes One a majority.](https://sms4smile.com/quotes/andrew-jackson/desperate-courage-makes-one-a-majority/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [The great constitutional corrective in the hands of the people against usurpation of power, or corruption by their agents is the right of suffrage;…](https://sms4smile.com/quotes/andrew-jackson/the-great-constitutional-corrective-in-the-hands-of-the-people/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [“The mischief springs from the power which the monied interest derives from a paper currency which they are able to control, from the multitude…](https://sms4smile.com/quotes/andrew-jackson/the-mischief-springs-from-the-power-which-the-monied-interest-derives/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Mere precedent is a dangerous source of authority.](https://sms4smile.com/quotes/andrew-jackson/mere-precedent-is-a-dangerous-source-of-authority/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Temporize not! It is always injurious.](https://sms4smile.com/quotes/andrew-jackson/temporize-not-it-is-always-injurious/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [The authority of the Supreme Court must not be permitted to control the Congress or the Executive when acting in their legislative capacities, but…](https://sms4smile.com/quotes/andrew-jackson/the-authority-of-the-supreme-court-must-not-be-permitted-to-control/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Hemans gallows ought to be the fate of all such ambitious men who would involve their country in civil wars, and all the evils…](https://sms4smile.com/quotes/andrew-jackson/hemans-gallows-ought-to-be-the-fate-of-all-such-ambitious-men-who/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [All the rights secured to the citizens under the Constitution are worth nothing, and a mere bubble, except guaranteed to them by an independent…](https://sms4smile.com/quotes/andrew-jackson/all-the-rights-secured-to-the-citizens-under-the-constitution-are/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [To extraordinary powers of labor, both mental and physical, he unites that tact and judgement which are requisite to the successful direction of such…](https://sms4smile.com/quotes/andrew-jackson/to-extraordinary-powers-of-labor-both-mental-and-physical-he-unites/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [“Fun is having lots to do and not doing it.”](https://sms4smile.com/quotes/andrew-jackson/fun-is-having-lots-to-do-and-not-doing-it/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [It is one of the serious evils of our present system of banking , that it enables one class of society - and that…](https://sms4smile.com/quotes/andrew-jackson/it-is-one-of-the-serious-evils-of-our-present-system-of-banking-that/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [In England the judges should have independence to protect the people against the crown. Here the judges should not be independent of the people,…](https://sms4smile.com/quotes/andrew-jackson/in-england-the-judges-should-have-independence-to-protect-the-people/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [There are, perhaps, few men who can for any length of time enjoy office and power without being more or less under the influence…](https://sms4smile.com/quotes/andrew-jackson/there-are-perhaps-few-men-who-can-for-any-length-of-time-enjoy-office/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) [Explore all 172 Andrew Jackson quotes ](https://sms4smile.com/quotes/author/andrew-jackson/) ## More Belonging quotes > [She might be without country, without nation, but inside her there was still a being that could exist and be free, that could simply…](https://sms4smile.com/quotes/sharon-maas/she-might-be-without-country-without-nation-but-inside-her-there-was/) [Sharon Maas](https://sms4smile.com/quotes/author/sharon-maas/) > [I always think the best way of motivating yourself is to put yourself in a situation where you feel like you're belonging to something.](https://sms4smile.com/quotes/colin-jackson/i-always-think-the-best-way-of-motivating-yourself-is-to-put-yourself/) [Colin Jackson](https://sms4smile.com/quotes/author/colin-jackson/) > [The region belonging to the pure intellect is straitened: the imagination labours to extend its territories, to give it room. She sweeps across the…](https://sms4smile.com/quotes/george-macdonald/the-region-belonging-to-the-pure-intellect-is-straitened-the/) [George MacDonald](https://sms4smile.com/quotes/author/george-macdonald/) > [I am convinced that human nature is basically affectionate and good. If our behavior follows our kind and loving nature, immense benefits will result,…](https://sms4smile.com/quotes/dalai-lama/i-am-convinced-that-human-nature-is-basically-affectionate-and-good/) [Dalai Lama](https://sms4smile.com/quotes/author/dalai-lama/) > [“The reason “belonging” was so potent, so attractive, so much a part of the human yearning, was that it also meant safety, and loyalty.…](https://sms4smile.com/quotes/louise-penny/the-reason-belonging-was-so-potent-so-attractive-so-much-a-part-of/) [Louise Penny](https://sms4smile.com/quotes/author/louise-penny/) > [If some student belonging to weaker section of society suffers distress, humanity says it must be addressed.](https://sms4smile.com/quotes/arun-jaitley/if-some-student-belonging-to-weaker-section-of-society-suffers/) [Arun Jaitley](https://sms4smile.com/quotes/author/arun-jaitley/) > [Connection gives purpose and meaning to our lives.](https://sms4smile.com/quotes/bren-brown/connection-gives-purpose-and-meaning-to-our-lives/) [Brené Brown](https://sms4smile.com/quotes/author/bren-brown/) > [My father was a man of great charity towards the poor, and compassion for the sick, and also for servants; so much so, that…](https://sms4smile.com/quotes/anonymous/my-father-was-a-man-of-great-charity-towards-the-poor-and-compassion/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Maybe the problem with the world is, that people are too quick to judge. And out of desperation, the loneliness creeps in like a…](https://sms4smile.com/quotes/jeremy-limn/maybe-the-problem-with-the-world-is-that-people-are-too-quick-to/) [Jeremy Limn](https://sms4smile.com/quotes/author/jeremy-limn/) > [“It turns out to be the place of true belonging, and it's the bravest and most sacred place you'll stand.”](https://sms4smile.com/quotes/bren-brown/it-turns-out-to-be-the-place-of-true-belonging-and-it-s-the-bravest/) [Brené Brown](https://sms4smile.com/quotes/author/bren-brown/) > [The hardest thing about being at Sony was not the travel; it was being divorced from the public and private life I had in…](https://sms4smile.com/quotes/howard-stringer/the-hardest-thing-about-being-at-sony-was-not-the-travel-it-was-being/) [Howard Stringer](https://sms4smile.com/quotes/author/howard-stringer/) > [Whenever you are examining someone else's belongings, you are bound to learn many interesting things about the person of which you were not previously…](https://sms4smile.com/quotes/anonymous/whenever-you-are-examining-someone-else-s-belongings-you-are-bound-to/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“She isn't anybody's,' Rook said darkly. 'Son. she's not yours, either," Sarah Fleet said.”](https://sms4smile.com/quotes/jaida-jones/she-isn-t-anybody-s-rook-said-darkly-son-she-s-not-yours-either-sarah/) [Jaida Jones](https://sms4smile.com/quotes/author/jaida-jones/) > [We have become this very fear-based culture, especially post-9/11. Fear is the opposite of love, in my opinion. I think there would be more…](https://sms4smile.com/quotes/bren-brown/we-have-become-this-very-fear-based-culture-especially-post-9-11-fear/) [Brené Brown](https://sms4smile.com/quotes/author/bren-brown/) > [The future will be in the hands of those of you who belong to the 21st century. You have the opportunity and responsibility to…](https://sms4smile.com/quotes/dalai-lama/the-future-will-be-in-the-hands-of-those-of-you-who-belong-to-the/) [Dalai Lama](https://sms4smile.com/quotes/author/dalai-lama/) [Browse all 876 Belonging quotes ](https://sms4smile.com/quotes/about/belonging/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.", "creator": { "@type": "Person", "name": "Andrew Jackson" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/andrew-jackson/it-is-a-well-settled-principle-of-the-international-code-that-where/", "about": { "@type": "Thing", "name": "Belonging" }, "@id": "https://sms4smile.com/quotes/andrew-jackson/it-is-a-well-settled-principle-of-the-international-code-that-where/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png", "contentUrl": "https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png", "url": "https://sms4smile.com/quotes/i/adf/andrew-jackson-2317_belonging_it-is-a-well-settled-principle-of-the-in_19384.png", "width": 1080, "height": 1080, "caption": "“It is a well-settled principle of the international code that where one nation owes another a liquidated…” — Andrew Jackson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Andrew Jackson", "item": "https://sms4smile.com/quotes/author/andrew-jackson/" }, { "@type": "ListItem", "position": 4, "name": "It is a well-settled principle of...", "item": "https://sms4smile.com/quotes/andrew-jackson/it-is-a-well-settled-principle-of-the-international-code-that-where/" } ], "@id": "https://sms4smile.com/quotes/andrew-jackson/it-is-a-well-settled-principle-of-the-international-code-that-where/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```