Political Quotes

Andrew Johnson: “Our debt is doubly secure--first in the actual wealth and still greater undeveloped resources of the country, and next…”

On the record
Our debt is doubly secure--first in the actual wealth and still greater undeveloped resources of the country, and next in the character of our institutions.
Said by
Andrew Johnson
Democratic · Tennessee

Editor's note · Context

Johnson states that the national debt is secure due to the country's wealth and resources.

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More from Andrew Johnson

Jul 19, 1868

Feeling constrained to withhold my consent, I herewith return the resolution to the Senate, in which House it originated, with a brief statement of the reasons which have induced my action.

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Jul 17, 1868

I transmit the accompanying communications from the Secretary of the Interior, together with the papers to which they have reference.

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Jan 6, 1869

I transmit herewith, in answer to a resolution of the House of Representatives of the 16th of December last, a report from the Secretary of State of the 6th instant.

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Feb 12, 1869

With these brief suggestions the bill is respectfully returned, and the consideration of Congress invited to the accompanying preamble and resolutions.

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