“The best way for the Government to maintain its credit is to pay as it goes-not by resorting to loans, but by keeping out of debt-through an adequate income secured by a system of taxation, external or internal, or both.”
Quote by William McKinley
Work
A Supplement to A Compilation of the Messages and Papers of the Presidents
Containing additional documents and communications from U.S. presidents, this work serves as an extension to the original Compilation series, providing further insight into the historical record of the nation's leadership. more
Author
William McKinley
William McKinley was the 25th President of the United States, born on January 29, 1843, and died on September 14, 1901. During his presidency, the United States experienced a period of industrialization and expansion, and he successfully led the Spanish-American War. McKinley pursued protectionist policies during his tenure, aiming to protect domestic industries through higher tariffs. Unfortunately, he was assassinated while in office, becoming the first U.S. president to be assassinated. more
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