It is recognized all over the world--at least as far as it is known--as the one only true obligation, that any, or all, contracts can have.
Lysander Spooner: “It is recognized all over the world--at least as far as it is known--as the one only true obligation, that any, or all…”
Editor's note · Context
Spooner defines the true obligation of contracts as universally recognized, except under tyrannical governments.
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For all these reasons, they are not only modest and sensible, but really frank, honest, and honorable villains, contrasted with these courts of injustice, and the lawmakers by whom these courts are established.
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.
They do not carry their heads high, above all other men, and demand our reverence and admiration, as statesmen, patriots, and benefactors.
They do not tell us that they have established infallible supreme courts, to whom they refer all questions as to the legality of their acts, and that they do nothing that is not sanctioned by these courts.