On the record
You must continue to borrow on a large scale; but who will lend to the repudiator, unless at a destructive discount?
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gutenberg.orgYou must continue to borrow on a large scale; but who will lend to the repudiator, unless at a destructive discount?
Sumner critiques the challenges of borrowing in a financial system perceived as unreliable.
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Far above any flickering light or battle-lantern of party is the everlasting sun of Truth, in whose beams are the duties of men.
Nor should we be too impatient to witness the fulfilment of our aspirations.
More precious far at that moment the consolation that he had labored for his fellow-men, and the joyous confidence that all his cares had helped the Progress of his race!
They who strive after it, Ixion-like, embrace a cloud.