Political Quotes

Lysander Spooner: “A solvent contract to pay money is in reality--in law, and in equity--a bona fide mortgage upon the debtor's property.”

On the record
A solvent contract to pay money is in reality--in law, and in equity--a bona fide mortgage upon the debtor's property.
Said by
Lysander Spooner

Editor's note · Context

Spooner describes a solvent contract as a legitimate claim on the debtor's property.

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When they have once taken our money, they have the decency to get out of our sight as soon as possible; they do not persist in following us, and robbing us, again and again, so long as we produce anything that they can take from us.

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In short, they acknowledge themselves hostes humani generis: enemies of the human race.

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