On the record
All experience proves that oppressive debt is the bane of enterprise, and it should be the care of a republic not to exert a grinding power over misfortune and poverty.
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gutenberg.orgAll experience proves that oppressive debt is the bane of enterprise, and it should be the care of a republic not to exert a grinding power over misfortune and poverty.
Jackson warns against the dangers of oppressive debt and its impact on enterprise in a republic.
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It is from within, among yourselves--from cupidity, from corruption, from disappointed ambition and inordinate thirst for power--that factions will be formed and liberty endangered.
The power, however, is in your hands, and the remedy must and will be applied if you determine upon it.