A Quote by Alexander Hamilton
It is of the greatest consequence that the debt should, with the consent of the creditors, be remoulded into such a shape as will bring the expenditure of the nation to a level with its income. Till this shall be accomplished, the finances of the United States will never wear a proper countenance. Arrears of interest, continually accruing, will be as continual a monument, either of inability, or of ill faith and will not cease to have an evil influence on public credit.
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It is the people who constitute the basis of Government credit. Why then cannot the people have benefit of their own gilt-edge credit by receiving non-interest bearing currency-instead of bankers receiving the benefit of the people's credit in interest-bearing bonds. If the United States Government will adopt this policy of increasing its national wealth without contributing to the interest collector-for the whole national debt is made up on interest charges-then you will see an era of progress and prosperity in this country such as could never have come otherwise.
Our will makes constantly a sort of agreement with the world, whereby, if the world will continually show some respect to the will, the will shall consent to be strenuous in its industry.
Either the opponents of slavery will arrest the further spread of it and place it where the public mind shall rest in the belief that it is in course of ultimate extinction, or its advocates will push it forward, till it shall become alike lawful in all the States - old as well as new - North as well as South.
When will the public cease to insult the teacher's calling with empty flattery? When will men who would never for a moment encourage their own sons to enter the work of the public schools cease to tell us that education is the greatest and noblest of all human callings?
As long as tides of war are in our favor, the United States will never stop fighting. As a consequence, the war will continue for several years, during which materiel will be exhausted, vessels and arms will be damaged, and they can be replaced only with great difficulties.
Whenever the government of the United States shall break up, it will probably be in consequence of a false direction having been given to public opinion.
I desire to call attention to the fact that the united, well ordered American home is one of the greatest contributing factors to the preservation of the Constitution of the United States. It has been aptly said that "Out of the homes of America will come the future citizens of America, and only as those homes are what they should be will this nation be what it should be."
Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.
Capitalism will never fall on its own. It will have to be pushed. The accumulation of capital will never cease. It will have to be stopped. The capitalist class will never willingly surrender its power. It will have to be dispossessed.
You will see the constitution of the United States almost destroyed. It will hang like a thread.... A terrible revolution will take place in the land of America.... [T]he land will be left without a Supreme Government,... [Mormonism] will have gathered strength, sending out Elders to gather the honest in heart... to stand by the Constitution of the United States.... In these days... God will set up a Kingdom, never to be thrown down.... [T]he whole of America will be made the Zion of God.
For, when the credit of a country is in any degree questionable, it never fails to give on extravagant premium, in one shape or another, upon all the loans it has occasion to make. Nor does the evil end here; the same disadvantage must be sustained upon whatever is to be bought on terms of future payment. From this constant necessity of borrowing and buying dear, it is easy to conceive how immensely the expenses of a nation, in a course of time, will be augmented by an unsound state of the public credit.
Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
You will never have to talk religion to anyone; men will see it talking in your life! You will radiate a positive influence at all times, which will in turn bring you happiness and health in good measure.
A day will come when all nations on our continent will form a European brotherhood... A day will come when we shall see... the United States of America and the United States of Europe face to face, reaching out for each other across the seas.
How do I change? If I feel depressed I will sing. If I feel sad I will laugh. If I feel ill I will double my labor. If I feel fear I will plunge ahead. If I feel inferior I will wear new garments. If I feel uncertain I will raise my voice. If I feel poverty I will think of wealth to come. If I feel incompetent I will think of past success. If I feel insignificant I will remember my goals. Today I will be the master of my emotions.
It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.
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