On the record
Another objection, scarcely less formidable, to the commencement of a new debt is its inevitable tendency to increase in magnitude and to foster national extravagance.
Source
gutenberg.orgMartin Van Buren: “Another objection, scarcely less formidable, to the commencement of a new debt is its inevitable tendency to increase in…”
Editor's note · Context
Van Buren warns against the dangers of accumulating national debt and its impact on fiscal responsibility.
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More from Martin Van Buren
Jan 21, 1841
Applications have been frequently made at the Mint for copies of medals voted at different times by Congress to the officers who distinguished themselves in the War of the Revolution and in the last war
Mar 1, 1841
I transmit the accompanying report from the Secretary of State, in relation to the resolution of the House of Representatives of the 12th ultimo, on the subject of claims of citizens of the United States on the Government of Hayti.
Jan 6, 1841
The communication of the Secretary of War and the accompanying report of the colonel of Topographical Engineers are respectfully submitted in reply to the resolution of the 15th of June last, calling for a plan and estimate for the…
Jan 21, 1841
It is submitted to Congress whether authority shall be given to the Mint to strike off copies of those medals, in bronze or other metal, to supply those persons making application for them, at a cost not to exceed the actual expense of…
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