John C. Calhoun quote

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What is a permanent loan but a mortgage upon the wealth and industry of the country? It is the only form of indebtedness, as experience has shown, by which heavy and durable encumbrance can be laid upon the community.
John C. Calhoun
John C. Calhoun
John C. Calhoun
Born: Mar 18, 1782
Died: Mar 31, 1850

Topics

Experience, Wealth, Loan, Country, Community, Only, Mortgage, Industry, Permanent, Durable, Heavy, Form, Laid, Which, Shown

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Related Authors

Colin Powell, Condoleezza Rice, Daniel Webster, George Mason, Henry Clay, Henry Kissinger, Madeleine Albright, William H. Seward
John C Calhoun: A Biography
John C Calhoun: A Biography
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