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No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.
George Washington
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Interpretation

What this quote means

The timely repayment of public debt is crucial to the nation's financial health.

In this quote, George Washington emphasizes the importance of managing public debt effectively. He argues that failing to address the repayment of debt can have serious negative consequences for the nation's economy and governance, highlighting that efficiency and promptness in financial matters are essential for the country’s stability and prosperity.

Themes

DebtFinanceEconomyPublicManagement

In practice

Example use cases

Using this quote in a speech about responsible fiscal policy can underscore the significance of timely debt management.

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Almighty and eternal Lord God, the great Creator of heaven and earth, and the God and Father of our Lord Jesus Christ; look down from heaven in pity and compassion upon me thy servant, who humbly prostrate myself before thee.
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If, in the opinion of the people, the distribution or modification of the constitutional powers be in any particular wrong, let it be corrected by an amendment in the way which the Constitution designates. But let there be no change by usurpation; for though this, in one instance, may be the instrument of good, it is the customary weapon by which free governments are destroyed.
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The duty of holding a Neutral conduct may be inferred, without any thing more, from the obligation which justice and humanity impose on every nation, in cases in which it is free to act, to maintain inviolate the relations of Peace and amity toward other Nations.
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We began a contest for liberty ill provided with the means for the war, relying on our patriotism to supply the deficiency. We expected to encounter many wants and distressed we must bear the present evils and fortitude
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What is most important of this grand experiment, the United States? Not the election of the first president but the election of its second president. The peaceful transition of power is what will separate this country from every other country in the world.
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Perseverance and spirit have done wonders in all ages.
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