Republican (constitutionalist) former President Jefferson writing to Major John Cartwright, of the Nottinghamshire, England Militia, explains the proper balance of federalism:

With respect to our State and federal governments, I do not think their relations correctly understood by foreigners.  They generally suppose the former subordinate to the latter.  But this is not the case.  They are co-ordinate departments of one simple and integral whole. … The one is the domestic, the other the foreign branch of the same government; neither having control over the other, but within its own department. 

       [updated 8/29/2026]

Subsequent Events:

7/11/1864                    2/22/1866

References:

Thomas Jefferson, “Letter to Major John Cartwright,” (June 5, 1824), Writings, Merrill D. Peterson, ed., (New York: Library of America, 1984), 1490, 1493.

Thomas J. DiLorenzo, Hamilton’s Curse: How Jefferson’s arch-enemy betrayed the American Revolution — and what it means today, (New York: Crown-Forum, 2008), 15-16n13.

Current U.s. National Debt:

$40,102,964,278,586

Source