To extinguish a Debt which exists and to avoid contracting more are ideas almost always favored by public feeling and opinion; but to pay Taxes for the one or the other purpose, which are the only means of avoiding the evil, is always more or less unpopular. These contradictions are in human nature. And the lot of a Country would be enviable indeed, in which there were not always men ready to turn them to the account of their own popularity or to make other sinister account.
Editor's note · Context
The speaker discusses the historical agreement between Hamilton and Jefferson on public debt and taxation.
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