1Excise, [15 January] 1795 (Madison Papers)
In his 19 November 1794 annual address to Congress, Washington urged “a definitive plan for the redemption of the Public Debt.” On 15 December Smith (South Carolina) reported from committee such a plan ( Annals of Congress Debates and Proceedings in the Congress of the United States … (42 vols.; Washington, 1834–56). , 3d Cong., 2d sess., 791, 894, 979, 1010). On 15 January the Committee of...