The idea that such a debt is to become permanent should be at all times discarded as involving taxation too heavy to be borne, and payment once in every sixteen years, at the present rate of interest, of an amount equal to the original sum.
Johnson argues against the idea of a permanent national debt, warning of heavy taxation consequences.
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The danger of a defeat of the people's choice in an election by the House of Representatives remains unprovided for in the Constitution.
In compliance with and execution of the act of Congress before mentioned, do issue this my proclamation, announcing the fact of the ratification of the said amendment by the legislature of the State of Louisiana.
I would therefore recommend such an amendment of the Constitution as may remove all intermediate agency in the election of the President and Vice-President.
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