But with respect to future debt; would it not be wise and j… - Thomas Jefferson

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But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years.

Thomas Jefferson

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About Thomas Jefferson

Thomas Jefferson (13 April 1743 – 4 July 1826) was author of the Declaration of Independence (1776) and the Virginia Statute for Religious Freedom (1777), founder of the University of Virginia (1819), the third president of the United States (1801–1809), a political philosopher, editor of Jefferson's Bible (1819), and one of the most influential founders of the United States.

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Also Known As

Alternative Names: President Jefferson • T. Jefferson

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Additional quotes by Thomas Jefferson

I am increasingly persuaded that the earth belongs exclusively to the living and that one generation has no more right to bind another to it's laws and judgments than one independent nation has the right to command another.

I am mortified to be told that, in the United States of America, the sale of a book can become a subject of inquiry, and of criminal inquiry too.

The Constitution of the United States asserts that all power is inherent in the people; that they may exercise it by themselves; that it is their right and duty.

But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legis… - Thomas Jefferson

About Thomas Jefferson

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Additional quotes by Thomas Jefferson