Without a debt, there would be no reason for a nation to exist.
Founding Father, Treasury
Paraphrase of his views on national debt, not an exact quote.
c. 1790
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"Why has government been instituted at all? Because the passions of men will not conform to the dictates of reason and justice, without constraint."
Strange & Unusual"Experience is the oracle of truth; and where its responses are unequivocal, they ought to be conclusive and sacred."
Humorous"I consider the executive power as co-extensive with the objects of government."
Controversial"The best way to preserve the peace is to be prepared for war."
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