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It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world. - Thomas Jefferson It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world. - Thomas Jefferson It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world. - Thomas Jefferson