People who will not turn a shovel full of dirt on the project nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest ...But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold.

People who will not turn a shovel full of dirt on the project nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest ...But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold.

Thomas A. Edison
Save QuoteView Quote
Similar Quotes by thomas-a-edison

I have not failed. I've just found 10,000 ways that won't work.

Thomas A. Edison
Save QuoteView Quote

The three great essentials to achieve anything worthwhile are, first, hard work; second, stick-to-itiveness; third, common sense.

Thomas A. Edison
Save QuoteView Quote

Restlessness is discontent — and discontent is the first necessity of progress. Show me a thoroughly satisfied man — and I will show you a failure.

Thomas A. Edison, Diary and Sundry Observations of Thomas Alva Edison
Save QuoteView Quote

Anything that won't sell, I don't want to invent. Its sale is proof of utility, and utility is success.

Thomas A. Edison
Save QuoteView Quote

I find my greatest pleasure, and so my reward, in the work that precedes what the world calls success.

Thomas A. Edison
Save QuoteView Quote

Genius is one percent inspiration and ninety-nine percent perspiration.

Thomas A. Edison
Save QuoteView Quote

One might think that the money value of an invention constitutes its reward to the man who loves his work. But... I continue to find my greatest pleasure, and so my reward, in the work that precedes what the world calls success.

Thomas A. Edison
Save QuoteView Quote

There's a way to do it better - find it.

Thomas A. Edison
Save QuoteView Quote

To my mind the old masters are not art their value is in their scarcity.

Thomas A. Edison
Save QuoteView Quote

To have a great idea, have a lot of them.

Thomas A. Edison
Save QuoteView Quote
Related Topics to thomas-a-edison Quotes