“A standing army is like a standing member. It's an excellent assurance of domestic tranquility, but a dangerous temptation to foreign adventure.”

Constitutional Convention (1787)

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US diplomat and vice president; Massachusetts governor 1744–1814

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As quoted in Voices of Tomorrow : The 24th Congress of the Communist Party of the Soviet Union (1971) by Jessica Smith, p. 30

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“A standing military force, with an overgrown Executive will not long be safe companions to liberty. The means of defence against foreign danger have been always the instruments of tyranny at home.”

James Madison (1751–1836) 4th president of the United States (1809 to 1817)

Speech, Constitutional Convention (29 June 1787), from Max Farrand's Records of the Federal Convention of 1787, Vol. I http://memory.loc.gov/cgi-bin/ampage?collId=llfr&fileName=001/llfr001.db&recNum=494&itemLink=D?hlaw:5:./temp/~ammem_kmli::%230010495&linkText=1 (1911), p. 465
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Context: In time of actual war, great discretionary powers are constantly given to the Executive Magistrate. Constant apprehension of War, has the same tendency to render the head too large for the body. A standing military force, with an overgrown Executive will not long be safe companions to liberty. The means of defence against foreign danger have been always the instruments of tyranny at home. Among the Romans it was a standing maxim to excite a war, whenever a revolt was apprehended. Throughout all Europe, the armies kept up under the pretext of defending, have enslaved the people.

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“Education is a better safeguard of liberty than a standing army.”

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“I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter to John Taylor (28 May 1816) ME 15:23 http://www.britannica.com/presidents/article-9116907
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Context: We may say with truth and meaning that governments are more or less republican, as they have more or less of the element of popular election and control in their composition; and believing, as I do, that the mass of the citizens is the safest depository of their own rights, and especially, that the evils flowing from the duperies of the people are less injurious than those from the egoism of their agents, I am a friend to that composition of government which has in it the most of this ingredient. And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

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