Solvency is maintained by means of a national debt, on the principle, If you will not lend me the money, how can I pay you?
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- It is always so pleasant to be generous, though very vexatious to pay debts.
- A national debt, if it is not excessive, will be to us a national blessing.
- Without ambition one starts nothing. Without work one finishes nothing. The prize will not be sent to you. You have to win it. The man who knows how will always have a job. The man who also knows why will always be his boss. As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.
- It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.
- Shall we then judge a country by the majority, or by the minority? By the minority, surely. ‘Tis pedantry to estimate nations by the census, or by square miles of land, or other than by their importance to the mind of the time.
- We rail at trade, but the historian of the world will see that it was the principle of liberty; that it settled America, and destroyed feudalism, and made peace and keeps peace; that it will abolish slavery.