State of the Union Address

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If such has been the tendency of a debt incurred in theacquisition and maintenance of our national rights and liberties, theobligations of which all portions of the Union cheerfully acknowledged, it must be obvious that what ever is calculated to increase the burdensof Government without necessity must be fatal to all our hopes ofpreserving its true character.
While we are felicitating ourselves, therefore, upon the extinguishmentof the national debt and the prosperous state of our finances, le
...t usnot be tempted to depart from those sound maxims of public policy whichenjoin a just adaptation of the revenue to the expenditures that areconsistent with a rigid economy and an entire abstinence from alltopics of legislation that are not clearly within the constitutionalpowers of the Government and suggested by the wants of the country. Properly regarded under such a policy, every diminution of the publicburdens arising from taxation gives to individual enterprise increasedpower and furnishes to all the members of our happy Confederacy newmotives for patriotic affection and support.

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