taxes moderately; and nothing but the last necessity will urge them to recur to that expedient.
This is a most essential clause. Without money, government will answer no purpose. Gentlemen compare this to a foreign tax. It is by no means the case. It is laid by ourselves. Our own representatives lay it, and will, no doubt, use the most easy means of raising it, possible. Why not trust our own representatives? We might, no doubt, have confidence in them on this occasion, as well as every other. If the Continental treasury is to depend on the states, as usual, it will be always poor. But gentlemen are jealous, and unwilling to trust government, though they are their own representatives. Their maxim is, Trust them with no power. This holds against all government. Anarchy will ensue if government be not trusted. I think that I know the sentiments of the honest, industrious part of the community, as well as any gentleman in this house. They wish to discharge these debts, and are able. If they can raise the interest of the public debt, it is sufficient. They will not be called upon for more than the interest, till such time as the country be rich and populous. The principal can then be paid with great facility.
We can borrow money with ease, and on advantageous terms, when it shall be known that Congress will have that power which all governments ought to have. Congress will not pay their debts in paper money. I am willing to trust this article to Congress, because I have no reason to think that our government will be better than it has been. Perhaps I have spoken too liberally of the legislature before: but I do not expect that they will ever, without a radical change of men and measures, wish to put the general government on a better footing. It is not the poor man who opposes the payment of those just debts to which we owe our independence and political existence, but the rich miser. Not the poor, but the rich, shudder at the idea of taxes. I have no dread that Congress will distress us; nor have I any fear that the tax will be embezzled by officers. Industry and economy will be promoted, and money will be easier got than ever it has been yet. The taxes will be paid by the people when called upon. I trust that all honest, industrious people will think, with me, that Congress ought to be possessed of the power of applying immediately to the