Political Quotes

Benjamin Franklin: For the rate of insurance will increase, in proportion to the hazard of importing them; and in the same proportion will…

On the record
For the rate of insurance will increase, in proportion to the hazard of importing them; and in the same proportion will the price of those goods increase.
Said by
Benjamin Franklin
Missouri

Editor's note · Context

Franklin explains how the risks associated with importing goods will lead to higher prices, affecting consumers and traders alike.

Share

More from Benjamin Franklin

Public spirit really exists there, and has great effects.

gutenberg.org

The Indian trade would be better regulated by the union of the whole than by partial unions.

gutenberg.org

You are a member of that parliament, and have formed part of that majority, which has condemned my native country to destruction.

gutenberg.org

But it seems not of so much importance, whether the fighting be done by John or Thomas, or the tax paid by William or Charles.

gutenberg.org

Other voices in this conversation