 To instantiate the principle, there must be a period of adjustment. Present debts will be a matter of honor and expediency; future debts will be constrained by the principle. To constrain future debts, a constitution ought to stipulate that a nation can borrow no more than it can repay in the span of a generation. Temperate borrowing would “bridle the spirit of war,” inflamed much by the neglect of repayment of debts.