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.
Source
gutenberg.orgMartin Van Buren: “If we would escape embarrassment, public and private, we must cease to run in debt except for objects of necessity or…”
Editor's note · Context
Van Buren advises against incurring debt except for essential purposes that guarantee returns.
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