Almighty and eternal Lord God, the great Creator of heaven and earth, and the God and Father of our Lord Jesus Christ; look down from heaven in pity and compassion upon me thy servant, who humbly prostrate myself before thee.
George WashingtonRead
Paper money has had the effect in your State that it ever will have, to ruin commerce, oppress the honest, and open a door to every species of fraud and injustice.
Interpretation
What this quote means
George Washington criticizes the negative impact of paper money on commerce and honesty.
In this quote, George Washington expresses his concerns about the use of paper money, suggesting that it leads to widespread corruption and undermines honest business practices. He warns that such a financial system invites fraud and injustices, ultimately harming the economy and society as a whole.
Themes
Paper MoneyCommerceFraudInjusticeEconomy
In practice
Example use cases
In a debate about the economic implications of currency, one might reference Washington's warning against paper money.
More from George Washington
All quotes →If, in the opinion of the people, the distribution or modification of the constitutional powers be in any particular wrong, let it be corrected by an amendment in the way which the Constitution designates. But let there be no change by usurpation; for though this, in one instance, may be the instrument of good, it is the customary weapon by which free governments are destroyed.
George WashingtonRead
The duty of holding a Neutral conduct may be inferred, without any thing more, from the obligation which justice and humanity impose on every nation, in cases in which it is free to act, to maintain inviolate the relations of Peace and amity toward other Nations.
George WashingtonRead
We began a contest for liberty ill provided with the means for the war, relying on our patriotism to supply the deficiency. We expected to encounter many wants and distressed we must bear the present evils and fortitude
George WashingtonRead
What is most important of this grand experiment, the United States? Not the election of the first president but the election of its second president. The peaceful transition of power is what will separate this country from every other country in the world.
George WashingtonRead
Perseverance and spirit have done wonders in all ages.
George WashingtonRead
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