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John Buchanan Robinson Quotes


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John Buchanan Robinson
May 23, 1846 - January 28, 1933
Nationality: American
Category: Politician
Subcategory: American Politician

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.

   

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

   

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

   

Modern money is almost altogether credit money.

   

However near and dear to you may be your wife, children, friends, they are not you; they are outside of you.

   

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

   

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.

   

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