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.
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.
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.
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.
In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.
Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.
Modern money is almost altogether credit money.
The business of a bank is to lend money; which amounts, nowadays, to lending credit.
It is often said by reformers that government should be conducted upon business principles.
The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament.
There is no other who experiences your thoughts or your feelings.
In this way, the charge that the bank makes for the use of its notes - the interest - is a continual and universal tax upon all the members of the community.
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.
Your thoughts and emotions are yours alone.