Literal meaning:
* "Protect with sword": This refers to the President's role as Commander-in-Chief of the armed forces. The President has the power to use the military to defend the country and its interests.
* "What he considers fairly bought": This refers to the nation's property, rights, and interests. The President is responsible for protecting what the nation has acquired through legitimate means, whether through diplomacy, treaty, or conquest.
Figurative meaning:
* "Sword": This can be seen as a symbol of strength, power, and authority. It represents the President's ability to enforce laws and defend the country against both domestic and foreign threats.
* "Fairly bought": This can be seen as a symbol of legitimacy and justice. The President is expected to protect what is rightfully the nation's, not what is obtained through illegal or unethical means.
Overall meaning:
The phrase emphasizes the President's responsibility to protect the nation's interests using all available means, including the military. It also highlights the importance of legitimacy and justice in acquiring and maintaining those interests.
Modern interpretation:
Today, the phrase can be interpreted in different ways depending on one's political views. Some might see it as a justification for aggressive foreign policy or the use of military force. Others might view it as an outdated and dangerous idea that encourages militarism and interventionism. Ultimately, the interpretation of this phrase is subjective and depends on one's understanding of the President's role and the nation's interests.