I am like a man so busy in letting rooms in one end of his house, that he can't stop to put out the fire that is burning the other.
Abraham LincolnRead
By adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government.
Interpretation
What this quote means
The quote emphasizes the importance of a stable and uniform currency for the public and its benefits to taxpayers.
Abraham Lincoln's quote illustrates the vital role of sound financial principles in creating a stable currency system that benefits taxpayers by reducing costs associated with interest and exchanges. He emphasizes that a consistent and secure currency will not only facilitate the administration of public projects but also foster confidence in the government's fiscal management, ultimately providing citizens with a reliable medium of exchange tied to the integrity of their government.
Themes
CurrencyTaxpayersGovernmentFinanceAdministrationPublic Enterprises
In practice
Example use cases
In a speech about economic reform, one might quote Lincoln to emphasize the need for a stable currency.
More from Abraham Lincoln
All quotes βSir, my concern is not whether God is on our side; my greatest concern is to be on God's side, for God is always right.
Abraham LincolnRead
Give me six hours to chop down a tree and I will spend the first four sharpening the axe.
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How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.
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For it has been said, all that a man hath will he give for his life; and while all contribute of their substance the soldier puts his life at stake, and often yields it up in his country's cause. The highest merit, then is due to the soldier.
Abraham LincolnRead
And having thus chosen our course, without guile, and with pure purpose, let us renew our trust in God, and go forward without fear, and with manly hearts.
Abraham LincolnRead
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