Political Quotes

On the record
Still, we have no cause to apprehend a depression comparable to that of the former period, or even to anticipate a deficiency which will intrench upon the ability to apply the annual $10 millions to the reduction of the debt.
Said by
John Quincy Adams
Democratic Republican · Massachusetts

Editor's note · Context

Adams expresses confidence in the nation's ability to manage its debt despite economic fluctuations.

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It will form here-after a pleasing incident in the annals of our Union, giving to real history the intense interest of romance and signally marking the unpurchasable tribute of a great nation's social affections to the disinterested…

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These papers were prepared at the close of the last session of Congress, at too late a period to be then acted upon.

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