A Quote by Herbert Hoover

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation. — © Herbert Hoover
There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.
There seems to be three ways for a nation to acquire wealth: the first is by war...this is robbery; the second by commerce, which is generally cheating; the third by agriculture, the only honest way.
So that in the nature of man, we find three principal causes of quarrel. First, competition; secondly, diffidence; thirdly, glory. The first maketh men invade for gain; the second, for safety; and the third, for reputation. The first use violence, to make themselves masters of other men's persons, wives, children, and cattle; the second, to defend them; the third, for trifles, as a word, a smile, a different opinion, and any other sign of undervalue, either direct in their persons or by reflection in their kindred, their friends, their nation, their profession, or their name.
There seem to be but three ways for a nation to acquire wealth. The first is by war, as the Romans did, in plundering their conquered neighbors. This is robbery. The second by commerce, which is generally cheating. The third by agriculture, the only honest way, wherein man receives a real increase of the seed thrown into the ground, in a kind of continual miracle, wrought by the hand of God in his favor, as a reward for his innocent life and his virtuous industry.
There are three ways to spoil a public man: women, gambling, and listening to experts. The first is the pleasantest, the second is the fastest, but the third is the most certain.
The First Amendment of the US Constitution ... is an eloquent repudiation of the First Commandment's prohibition of religious freedom. It is also a repudiation of the Third Commandment's prohibition of freedom of speech. The Thirteenth Amendment repudiates the institution of slavery which is so cozily assumed by the Fourth and Tenth Protestant Commandments.
Married life can seem as if it's only five days long. The first day you meet, the second day you marry, the third day your raise your children, the fourth day you meet your grandchildren, and the fifth day you die first or bury your spouse to go home alone for the first time in many years.
There are three ways of securing a society that shall be stable as regards population. The first is that of birth control, the second that of infanticide or really destructive wars, and the third that of general misery except for a powerful minority.
The three most celebrated doctors on the island have been to see me. One sniffed at what I spat, the second tapped where I spat from, and the third sounded me and listened as I spat. The first said I was dead, the second that I was dying and the third that I'm going to die.
Inflation is taxation and taxation is theft that takes more money out of hard-working Americans' pocket books.
I never drink. I cannot do it, on equal terms with others. It costs them only one day; but me three, the first in sinning, the second in suffering, and the third in repenting.
Inflation is repudiation.
I have three treasures that I cherish. The first is compassion. The second is moderation. The third is not claiming to be first in the world.
What are the purposes and priorities of teaching? . . . First, to inspire. Second, to challenge. Third, and only third, to impart information.
The first time you meet someone, they're a new acquaintance, the second time you have a bit of an understanding, and the third time you meet them, you're old hats.
The first word gives origin to the second, the first and second to the third, and the third to the fourth, and so on. You cannot begin with the second word.
Contemporary Christianity, diverse and complex as we find it, actually may show more unanimity than the Christian churches of the first and second centuries. For nearly all Christians since that time, Catholics, Protestants, or Orthodox, have shared three basic premises. First, they accept the canon of the New Testament; second, they confess the apostolic creed; and third, they affirm specific forms of church institution. But every one of these - the canon of Scripture, the creed, and the institutional structure - emerged in its present form only toward the end of the second century.
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