Political Quotes

James Buchanan: “Under any form of government extravagance in expenditure must be the natural consequence when those who authorize the…”

On the recordJune 11, 1858
Under any form of government extravagance in expenditure must be the natural consequence when those who authorize the expenditure feel no responsibility in providing the means of payment.
Said by
James Buchanan
Democratic · Pennsylvania

Editor's note · Context

Message to Congress on the Conditions of the Treasury

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Mar 1, 1861

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Feb 22, 1861

I have to state that all the information within my possession or power on these subjects was communicated to the House by the Secretary of the Treasury on the 21st instant, and was prepared under the resolution above referred to and a…

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Had I refused to adopt this precautionary measure, and evil consequences, which many good men at the time apprehended, had followed, I should never have forgiven myself.

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