And now the tax on whisky will pay the interest on the public debt.
John Sherman: “And now the tax on whisky will pay the interest on the public debt.”
Editor's note · Context
Sherman states that the tax on whisky will be used to pay off the public debt, highlighting fiscal policy.
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The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
It was settled by this war that we have a country limited in its powers by the constitution of the United States fairly construed.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.





