It is a condition not implying dishonesty or even recklessness, but one which follows from a positive inability in the public mind to estimate the expenditure of money by the standards which are applied in the era of peaceful industry, careful supervision and prudent restraint.
James Blaine: “It is a condition not implying dishonesty or even recklessness, but one which follows from a positive inability in the…”
Editor's note · Context
Blaine describes a public mindset that struggles to apply traditional standards of financial restraint in a time of economic expansion.
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Is any portion of the people bound to contribute their money or their blood to carry on a contest like that?
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