"Government, possessing the power to create and..." - Quote by Abraham Lincoln
Government, possessing the power to create and issue currency and credit as money and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not borrow capital at interest as a means of financing government work and public enterprises.
More by Abraham Lincoln
“The strength of a nation lies in the homes of its people.”
“There is something so ludicrous in promises of good or threats of evil a great way off as to render the whole subject with which they are connected easily turned into ridicule.”
“As the problems are new, we must disenthrall ourselves from the past.”
More on Government
“On every unauthoritative exercise of power by the legislature must the people rise in rebellion or their silence be construed into a surrender of that power to them? If so, how many rebellions should we have had already?”
“When law becomes despotic, morals are relaxed, and vice versa.”
“No government can guarantee security. It can only tax production, distribution and service and gradually crush the power to pay taxes. That settles nothing. It only uses up the gains of the past and postpones the developments of the future.”
More on Economics
“Prosperity this Winter is going to be enjoyed by everybody that is fortunate enough to get into the poor farm.”
“If anything had or could have a value equal to gold and silver, it would require no tender law; and if it had not that value it ought not to have such a law; and, therefore, all tender laws are tyrannical and unjust and calculated to support fraud and oppression.”
“There is no sphere of human thought in which it is easier to show superficial cleverness and the appearance of superior wisdom than in discussing questions of currency and exchange”