Political Quotes

Martin Van Buren: “If we would escape embarrassment, public and private, we must cease to run in debt except for objects of necessity or…”

On the record
If we would escape embarrassment, public and private, we must cease to run in debt except for objects of necessity or such as will yield a certain return.
Said by
Martin Van Buren
Democratic · New York

Editor's note · Context

Van Buren advises against incurring debt except for essential purposes that guarantee returns.

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