10 April 2009

Thomas Jefferson's Thoughts on National Debt

Thomas Jefferson wrote to William Plumer on July 21, 1816;
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared."
To see a copy of this letter in Jefferson's handwriting visit this page at the Library of Congress online. William Plumer was a politician in the new country of the United States. You may read a short article on him at the Biographical Directory of the United States Congress.

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