A Quote by John Buchanan Robinson

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

John Buchanan Robinson

Quote Topics

Amount Available Because Carry Commercial Far Gold Gold And Silver Large Less Money Needed Paid Silver Than Times Transactions Use Were

Quote Author

John Buchanan Robinson
American - Politician
May 23, 1846 - January 28, 1933

What's great in the modern world is that it's becoming easier and easier for people to create without having access to large sums of money. They need access to certain technologies, but the cost is far less than it used to be.

Helen Mirren

Is this not true--That in proportion to the value of their estates the extremely wealthy pay far less taxes than those of moderatemeans? Compare the amount paid by millionaires with the amount paid by ordinary citizens. I believe that in proportion to their estates they pay less than half as much as ordinary citizens, whereas they ought to pay more.

Rutherford B. Hayes

In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt.

G. Edward Griffin

Silver is less valuable than gold, gold than virtue. [Lat., Vilius argentum est auro virtutibus aurum.]

Horace

It is astonishing how much more anxious people are to lengthen life than to improve it; and as misers often lose large sums of money in attempting to make more, so do hypochondriacs squander large sums of time in search of nostrums by which they vainly hope they may get more time to squander.

Charles Caleb Colton

Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.

Mark Skousen

Though people are more important than money, I'm not convinced these large sums of money paid out to victims is the best. Listening to the some of the victims, I think we could have avoided a lot of this if the Church had humbly apologized to them, but we tried to bully some of them. I pray the victims are healed.

Uwem Akpan

Silver is of less value than gold, gold than virtue.

Horace

Moreover, because we chose to finance the way by borrowing, our deficits and debt has soared, and this means we have less room for maneuver, less money available to stimulate the eocnomy in the way needed.

Joseph Stiglitz

For in the true nature of things, if we rightly consider, every green tree is far more glorious than if it were made of gold and silver.

Martin Luther

People adored Element 13's color and luster, which reminded them of the sparkle of gold and silver - a brand-new precious metal. In fact, aluminum became more precious than gold and silver in the 19th century because it was harder to obtain.

Sam Kean

Silver is sometimes more valuable than gold, that is, in large quantities.

Gilbert K. Chesterton

The fact that John Prescott is being paid large sums of money to do little or nothing adds to the general malaise surrounding this government and the feeling that ministers are incapable of tackling serious issues.

Vince Cable

I've many times been paid far less than what I should have because being raised very poor, I had a mentality that I was just grateful to be there. I had to overcome that type of thinking.

Chrishell Stause

Candidates who win while spending less than their opponents still usually have to spend quite a lot. While not a surefire guarantor of victory, a large war chest -even if not the largest-is usually a necessary condition. Money may not guarantee victory, but the lack of it usually guarantees defeat. Without large sums, there is rarely much of a campaign, as poorly funded 'minor' candidates have repeatedly discovered.