Speeches and Letters of Abraham Lincoln, 1832-1865 by Abraham Lincoln
page 40 of 295 (13%)
page 40 of 295 (13%)
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and gone, are but little regarded even in our own cases, and much less
in the cases of others. Still, in addition to this there is something so ludicrous in promises of good or threats of evil a great way off as to render the whole subject with which they are connected easily turned into ridicule. "Better lay down that spade you are stealing, Paddy; if you don't you'll pay for it at the day of judgment." "Be the powers, if ye'll credit me so long I'll take another jist." _From the Circular of the Whig Committee. An Address to the People of Illinois. March 4, 1843_ ... The system of loans is but temporary in its nature, and must soon explode. It is a system not only ruinous while it lasts, but one that must soon fail and leave us destitute. As an individual who undertakes to live by borrowing soon finds his original means devoured by interest, and next, no one left to borrow from, so must it be with a government. We repeat, then, that a tariff sufficient for revenue, or a direct tax, must soon be resorted to; and, indeed, we believe this alternative is now denied by no one. But which system shall be adopted? Some of our opponents in theory admit the propriety of a tariff sufficient for revenue, but even they will not in practice vote for such a tariff; while others boldly advocate direct taxation. Inasmuch, therefore, as some of them boldly advocate direct taxation, and all the rest--or so |
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