Labor the Only True Source of Wealth Or the Rottenness of the Paper Money Bank
Labor the Only True Source of Wealth Or the Rottenness of the Paper Money Bank
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In our eReader you can find the full English version of the book. Read Labor the Only True Source of Wealth Or the Rottenness of the Paper Money Bank Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Labor the Only True Source of Wealth Or the Rottenness of the Paper Money Bank
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To quickly assess the difficulty of the text, read a short excerpt:
The whole of the bank system is an im- position and loss: and it may be affirmed, that those des- pots who recoined bard money, and re-issued it with an in- creased nominal value, in order to replenish their treasu- ries, did not inilict as great injustice on their subjects, as we scourge ourselves with, by yielding the sovereignty of the state to the few, thus irresistibly tempted to depreciate 24 and property, tax industry, and distrass the coui- iunity.
"It is a gross delusion, of which it i...s high time to disa- iuse the public, that our banking system is the spring of pose rapid improvements and advances in commerce, manufactures and the useful arts, which distinguish Kng- fland and the United States beyond all other countries. /The parentage of these improvements, is liberty united / with labor. Credit can but lend, while industry always / gives. Aud bank credit never even lends, without encum- / bering its debtors with mortgages, ai:d hypothecations. The goods, towns, roads, canals and other creations which j we too often ascribe to credit, are really due to work; to j that incessant labor which freemen delight in; whose chief pleasure is constant employment.
What to read after Labor the Only True Source of Wealth Or the Rottenness of the Paper Money Bank?
You can find similar books in the "Read Also" column, or choose other free books by Theophilus Fiske to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The whole of the bank system is an im- position and loss: and it may be affirmed, that those des- pots who recoined bard money, and re-issued it with an in- creased nominal value, in order to replenish their treasu- ries, did not inilict as great injustice on their subjects, as we scourge ourselves with, by yielding the sovereignty of the state to the few, thus irresistibly tempted to depreciate 24 and property, tax industry, and distrass the coui- iunity.
"It is a gross delusion, of which it i...s high time to disa- iuse the public, that our banking system is the spring of pose rapid improvements and advances in commerce, manufactures and the useful arts, which distinguish Kng- fland and the United States beyond all other countries. /The parentage of these improvements, is liberty united / with labor. Credit can but lend, while industry always / gives. Aud bank credit never even lends, without encum- / bering its debtors with mortgages, ai:d hypothecations. The goods, towns, roads, canals and other creations which j we too often ascribe to credit, are really due to work; to j that incessant labor which freemen delight in; whose chief pleasure is constant employment.
What to read after Labor the Only True Source of Wealth Or the Rottenness of the Paper Money Bank?
You can find similar books in the "Read Also" column, or choose other free books by Theophilus Fiske to read onlineMoreLess
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