Ulysses S. Grant,
Second State of the Union Address
(1870)
“ If it means failure to provide the necessary means to defray all the expenses of Government, and thereby repudiation of the public debt and pensions, then I am still more opposed to such kind of revenue reform. Revenue reform has not been defined by any of its advocates to my knowledge, but seems to be accepted as something which is to supply every man's wants without any cost or effort on his part. A true revenue reform can not be made in a day, but must be the work of national legislation and of time. ”
