But among the maxims of political economy which the stewards of the public moneys should never suffer without urgent necessity to be transcended is that of keeping the expenditures of the year within the limits of its receipts.
John Quincy Adams: “But among the maxims of political economy which the stewards of the public moneys should never suffer without urgent…”
Editor's note · Context
Adams stresses the importance of fiscal responsibility in government spending, advocating for expenditures to match revenues.
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Some additional documents having relation to the objects of the mission to the congress at Panama, and received since the communication of those heretofore sent, are now transmitted to the Senate.
The delay in the transmission of this communication is attributable to the earnest desire which I have entertained of acceding to the opinions and complying with the wishes of the Senate.
It leaves me doubtful whether it was intended by the Senate as their decision upon the nomination or not.
I communicate a report from the Secretary of the Navy, with documents, containing the information desired by the resolution.





