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however much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it … - George Washington
" "however much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it must ultimately pay, while its ability to pay is not strengthened, but weakened by a continued deficit.
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About George Washington
George Washington (22 February 1732 – 14 December 1799) was an American military officer, statesman, and Founding Father who served as the first president of the United States from 1789 to 1797. Appointed by the Second Continental Congress as commander of the Continental Army in June 1775, Washington led Patriot forces to victory in the American Revolutionary War and then served as president of the Constitutional Convention in 1787, which drafted and ratified the Constitution of the United States and established the American federal government. Washington has thus been called the "Father of his Country".
Biography information from Wikiquote
Also Known As
Also Known As:
American Fabius
•
American Cincinnatus
Alternative Names:
Father of the United States
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Additional quotes by George Washington
The common and continual mischief's [sic] of the spirit of party are sufficient to make it the interest and the duty of a wise people to discourage and restrain it. It serves always to distract the public councils and enfeeble the public administration. It agitates the community with ill founded jealousies and false alarms, kindles the animosity of one part against another, foments occasionally riot and insurrection. It opens the door to foreign influence and corruption, which find a facilitated access to the government itself through the channels of party passion.
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