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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.

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Source:
letter to James Madison September 6

Submitted by Normando on April 12, 2019

Modified by Normando on November 26, 2019

Thomas Jefferson

3rd President of the United States; chief drafter of the Declaration of Independence; made the Louisiana Purchase in 1803 and sent out the Lewis and Clark Expedition to explore it (1743-1826)

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"Thomas Jefferson Quotes." Quotes.net. STANDS4 LLC, 2019. Web. 7 Dec. 2019. <https://www.quotes.net/quote/73897>.

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