A Quote by Roger Babson

Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgement will always be in demand under all conditions. — © Roger Babson
Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgement will always be in demand under all conditions.
Do not let yourselves be discouraged or embittered by the smallness of the success you are likely to achieve in trying to make life better. You certainly would not be able, in a single generation, to create an earthly paradise. Who could expect that? But, if you make life ever so little better, you will have done splendidly, and your lives will have been worthwhile. Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgement will always be in demand under all conditions.
The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its purchasing power to the underlying conditions of supply and demand.
Men may deprive me of property and honour; sickness may take away my strength and other means of serving You; I may even lose Your grace by sin; but never, never will I lose my hope in You. I will cherish it unto that dreadful moment when all hell will be unchained to snatch my soul away. "No one has hoped in the Lord and has been confounded"
If ... it is not in my power to arrive at the knowledge of any truth, I may at least do what is in my power, namely, suspend judgement.
An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.
If the Chinese will not learn the true principles of government, all else will be useless. Knowledge is power, and although a country may be weak, still, if it possess but a modicum of knowledge, the enemy will not be able to completely overthrow it; although that country may be in danger, the race will not be extirpated.
If our political leaders are to be always a lot of political merchants, they will supply any demand we may create. All we have to do is to establish a steady demand for good government.
Deep down in the Christian's life, always and all the time, there is to be a "no" to every demand that the flesh may make for recognition, and every demand that the flesh may make for approval, and every demand that the flesh may make for vindication. Always the Christian must bear about in his body the marks of the Lord Jesus.
Breezy, self-confident Christians tell us how wonderful it is to accept Christ and then have a good time all the rest of your life; the Lord won't demand anything of you. Yes, He will, my friend! The Lord will demand everything of you. And when you give it all up to Him, He may bless it and hand it back, but on the other hand He may not.
If you lose your soul, there is a danger of its being destroyed. Therefore, you may not love it, since you do not want it to be destroyed. But in not wanting it to be destroyed, you love it.
There is no security in a good disposition if the support of good principles--that is to say, of religion, of Christian faith--be wanting. It may be soured by misfortune, it may be corrupted by wealth, it may be blighted by neediness, it may lose all its original brightness, if destitute of that support.
Time is one thing that can never be retrieved. One may lose and regain friends. One may lose and regain money. Opportunity, once spurned, may come again. But the hours that are lost in idleness can never be brought back to be used in gainful pursuits
There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may be considered as the only one which is available in strict logic. This method of obtaining money is the creation of purchasing power by banks. The form it takes is immaterial.
We need a mobilized and active civil society using its purchasing power to demand sustainable products and practices. It is also essential that governments commit to the future, creating fiscal and regulatory conditions for sustainable policies to thrive.
We should begin by setting conscience free. When all men of all religions shall enjoy equal liberty, property, and an equal chance for honors and power we may expect that improvements will be made in the human character and the state of society.
If there is no struggle, there is no progress....This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle. Power concedes nothing without a demand. It never did and it never will.
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