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.
Editor's note · Context
Jackson warns against the dangers of oppressive debt and its impact on enterprise in a republic.
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In compliance with a resolution of the Senate at their last session, I herewith transmit the inclosed documents, which contain all the information on the subject of the claim of the heirs of George Galphin within the power of the Executive.
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Amid the duties constantly pressing on me, to give the subject that deliberate consideration which its importance demands
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