“As a very important source of strength and security, cherish public credit. One method of preserving it is, to use it as sparingly as possible; avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it; avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear.”

—  George Washington

1790s, Farewell Address (1796)

Adopted from Wikiquote. Last update Sept. 27, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "As a very important source of strength and security, cherish public credit. One method of preserving it is, to use it a…" by George Washington?
George Washington photo
George Washington 186
first President of the United States 1732–1799

Related quotes

George Washington photo

“If we desire to avoid insult, we must be able to repel it; if we desire to secure peace, one of the most powerful instruments of our rising prosperity, it must be known that we are at all times ready for war”

George Washington (1732–1799) first President of the United States

Fifth annual Message http://avalon.law.yale.edu/18th_century/washs05.asp (3 December 1793)
1790s
Source: The Writings of George Washington from the Original Manuscript Sources 1745-1799 Volume 39 (General Index O-Z List of Letters) - Leather Bound

Thomas Jefferson photo

“It is literally true that the toleration of banks of paper discount costs the United States one-half their war taxes; or, in other words, doubles the expenses of every war. Now think but for a moment, what a change of condition that would be, which should save half our war expenses, require but half the taxes, and enthral us in debt but half the time.”

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

ME 13:364
1810s, Letters to John Wayles Eppes (1813)

Karl Marx photo

“Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State will have to take the road which will eventually lead to communism.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Said to be a quote from Das Kapital in an anonymous email, this attribution has been debunked at Snopes.com http://www.snopes.com/politics/quotes/consumerdebt.asp with the earliest occurrence found being a post by Gpkkid on 23 December 2008 http://economix.blogs.nytimes.com/2008/12/18/do-bailouts-encourage-ponzi-schemes/#comment-24005; it was used as a basis of a satirical article "Americans to Undergo Preschool Reeducation in Advance of Country’s Conversion to Communism" at NewsMutiny http://www.newsmutiny.com/pages/Communist_Reeducation.html, but the author of article on the satiric website says that he is not author of the quote http://www.clockbackward.com/2009/02/04/did-karl-marx-predict-financial-collapse/
Misattributed

Calvin Coolidge photo

“But that great struggle was carried on by those whom this day is set apart to commemorate, not only for the preservation of the Union. The authority of the Federal Government had been resisted by armed force. They were also striving to restore peace. It must be remembered that our Republic was organized to avoid and discourage war, and to promote and establish peace. It is the leading characteristic of our national holidays that they are days of peace. The ways of our people are the ways of peace. They naturally seek ways to make peace more secure.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Freedom and its Obligations (1924)

Thomas Jefferson photo

“These contributions [federal taxes on consumption of foreign goods] enable us to support the current expenses of the Government, to fulfill contracts with foreign nations, to extinguish the native right of soil within our limits, to extend those limits, and to apply such a surplus to our public debts as places at a short day their final redemption, and that redemption [of debt] once effected," he said, "the revenue thereby liberated may, by a just repartition among the States and a corresponding amendment of the Constitution, be applied, in time of peace, to rivers, canals, roads, arts, manufactures, education, and other great objects within each State. In time of war,—if injustice, by ourselves or others, must sometimes produce war,— increased as the same revenue will be increased by population and consumption, and aided by other resources reserved for that crisis, it may meet within the year all the expenses of the year without encroaching on the rights of future generations by burdening them with the debts of the past. War will then be but a suspension of useful works, and a return to a state of peace a return to the progress of improvement.”

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

Advising the origination of an annual fund from surplus revenue.
1800s, Second Inaugural Address (1805)

John Adams photo

“The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.”

John Adams (1735–1826) 2nd President of the United States

First Address to Congress (23 November 1797) http://books.google.com/books?id=_EeUpTCXs1sC&pg=PA115&dq=%22The+consequences+arising+from+the+continual+accumulation+of+public+debts+in+other+countries+ought+to+admonish+us+to+be+careful+to+prevent+their+growth+in+our+own%22&hl=en&ei=wqNLTKb7G42NnQeo_52CDw&sa=X&oi=book_result&ct=result&resnum=1&ved=0CCcQ6AEwAA#v=onepage&q=%22The%20consequences%20arising%20from%20the%20continual%20accumulation%20of%20public%20debts%20in%20other%20countries%20ought%20to%20admonish%20us%20to%20be%20careful%20to%20prevent%20their%20growth%20in%20our%20own%22&f=false
1790s

George Washington photo

“To be prepared for war is one of the most effectual means of preserving peace.”

George Washington (1732–1799) first President of the United States

First Annual Address, to both Houses of Congress (8 January 1790).
Compare: "Qui desiderat pacem præparet bellum" (translated: "Who would desire peace should be prepared for war"), Vegetius, Rei Militari 3, Prolog.; "In pace, ut sapiens, aptarit idonea bello" (translated: "In peace, as a wise man, he should make suitable preparation for war"), Horace, Book ii. satire ii.
1790s

“Where we can prevent predation without occasioning as much or more suffering than we would prevent, we are obligated to do so by the principle that we are obligated to alleviate avoidable animal suffering. Where we cannot prevent or cannot do so without occasioning as much or more suffering than we would prevent, that principle does not obligate us to attempt to prevent predation.”

Steve F. Sapontzis (1945)

Steve Sapontzis, " Predation https://digitalcommons.calpoly.edu/cgi/viewcontent.cgi?article=1220&context=ethicsandanimals", Ethics and Animals, Vol. 5, Iss. 2, Art. 4 (1984), p. 36

Gerald of Wales photo

“Happy the state which in times of peace is yet prepared for war.”
Felix est illa civitas quae in pace bellum cogitat.

Gerald of Wales (1146) Medieval clergyman and historian

Book 2, chapter 9, p. 271.
Compare Vegetius De Re Militari: "Qui desiderat pacem, praeparet bellum" (Let him who desires peace prepare for war).
Descriptio Cambriae (The Description of Wales) (1194)

Related topics