Refusing to heed his argument the French people had again to be punished more severely than in John Law's time: the over-issue of assignats and mandats during the Revolution came forty years after his warning; and paper money inflation was again paid for by widespread bankruptcy and ruin. (Andrew Dickson White)

Refusing to heed his argument the French people had again to be punished more severely than in John Law's time: the over-issue of assignats and mandats during the Revolution came forty years after his warning; and paper money inflation was again paid for by widespread bankruptcy and ruin.

Andrew Dickson White

Related topics

argument bankruptcy came forty french heed inflation john money paper pay people revolution ruin time warning years

Related quotes

Belief is with them mechanical, voluntary: they believe what they are paid for - they swear to that which turns to account. Do you suppose, that after years spent in this manner, they have any feeling left answering to the difference between truth and falsehood?

William Hazlitt

...my sister...was an interested and zealous invalid during sixty-five years, tried all the new diseases as fast as they came out, and always enjoyed the newest one more than any that went before; my brother had accumulated forty-two brands of Christianity before he was called away.

Mark Twain

Almost every evening [in their common early-Cubist years, in Paris], either I went to Braque's studio or Braque came to mine. Each of us had to see what the other had done during the day. We criticized each other's paintings. A canvas wasn't finished unless both of us felt it was.

Pablo Picasso

Before the revolution I thought there are appropriate individuals who would do the job according to Islam, therefore I repeatedly said that clerics would go after their own job. Then I saw that most of them were inappropriate individuals and I found out that what I said was not true, so I came and clearly announced that I was wrong.

Ruhollah Khomeini

When people talk of the Freedom of Writing, Speaking, or thinking, I cannot choose but laugh. No such thing ever existed. No such thing now exists; but I hope it will exist. But it must be hundreds of years after you and I shall write and speak no more.

John Adams