...of expense, but by vigorous exertion in time of peace to discharge the debts which unavoidable wars have occasioned, not ungenerously throwing upon posterity...essential that you should practically bear in mind that toward the payment of debts there must be revenue; that to have revenue there must be taxes; that no...

...debts which unavoidable wars have occasioned, not ungenerously throwing upon posterity the burthen which we ourselves ought to bear. The execution of...essential that you should practically bear in mind that toward the payment of debts there must be revenue; that to have revenue there must be taxes; that no...

...Farewell Address. to avoid "the accumulation of debt. not only by shunning occasions of expence [sic]. but by vigorous exertions in time of Peace to discharge...occasioned. not ungenerously throwing upon posterity the burthen which we ourselves ought to bear." Many of Washington's biographers comment upon his well-rounded...

...repel it—avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of Peace to discharge...posterity the burden which we ourselves ought to bear. Like William Leggett's writing, Washington's Address offers a firm rebuke to the statists of current...

...may have occasioned, not ungenerously throwing upon posterity the burthen which we ourselves iought to bear. The execution of these maxims belongs to...performance of their duty, it is essential that you should practieally bear in mind, that towards the payment of debts there must be Bevenue — that to have...

...repel it; avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of Peace to discharge...occasioned, not ungenerously throwing upon posterity the burthen which we ourselves ought to bear. The execution of these maxims belongs to your Representatives;...

...such times. In his farewell address, President Washington emphasized the need for "vigorous exertion in time of peace to discharge the debts which unavoidable...occasioned, not ungenerously throwing upon posterity the burdens we ourselves ought to bear." Posterity was a compelling preoccupation of the Founding Fathers....

...strategy. Hamilton's Vision SECURING THE NATION'S FINANCES VIGOROUS EXERTION IN TIME OF PEACE [is REQUIRED] TO DISCHARGE THE DEBTS WHICH UNAVOIDABLE WARS MAY...OCCASIONED, NOT UNGENEROUSLY THROWING UPON POSTERITY THE BURDENS WE OURSELVES OUGHT TO BEAR. —GEORGE WASHINGTON r ew of the multitudes of bankers and lawyers...