Quotes from John Buchanan Robinson

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament.

In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.

Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.

Paper currency has hitherto been regarded with suspicion, as insecure.

When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.

But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals.

It was the king's army, the king's people, the king's taxes; and he who questioned the propriety of the royal prerogative of taking from his people without return or accounting, was reckoned, and felt himself to be, a criminal, guilty of the highest crime of disloyalty.

Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!

It is often said by reformers that government should be conducted upon business principles.

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire.

You are forever alone.

According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your own happiness you seek.

For each one of us stands alone in the midst of a universe.

According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people but it is always your own happiness you seek.

Your thoughts and emotions are yours alone.

You are forever alone.

But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals.

There is no other who experiences your thoughts or your feelings.

There is no word more generally misinterpreted than the word egoism, in its modern sense.

But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them.

There is never enough gold to redeem all the currency in circulation.

Your thoughts and emotions are yours alone.