Lena Horne (ca. 1997) in: Susan Ratcliffe (2012) Little Oxford Dictionary of Quotations, p. 208
Quotes about credit
page 6
From the Chronicle for Higher Education, The Chronicle Review, "A Complex God" September 28, 2001 The Chronicle Review Page: B6
Source: Currency and Credit (1919), Chapter II, "Metallic Money", p. 20 (2nd ed. 1921)
Context: The use of money does not disestablish the normal process of creating credit. Money, it is true, is always being paid into the banks by the retailers and others who receive it in the course of business, and they of course receive bank credits in return for the money thus deposited. But for the manufacturers and others who have to pay money out, credits are still created by the exchange of obligations, the banker's immediate obligation being given to his customer in exchange for the customer's obligation to repay at a future date. We shall still describe this dual operation as the creation of credit. By its means the banker creates the means of payment out of nothing, whereas when he receives a bag of money from his customer, one means of payment, a bank credit, is merely substituted for another, an equal amount of cash.
[Maurice Allais, La Crise mondiale d’aujourd’hui. Pour de profondes réformes des institutions financières et monétaires, Editions Clément Juglar, Paris, 1999, 74, 2-908735-11-3]
Upon the Sovereign Sun (362)
Context: My own belief is, if philosophers be entitled to any credit, that the Sun is the common parent of all men, to use a comprehensive term. It is a true proverb, "Man begets man, and so does the Sun:" but souls that luminary showers down upon earth, both out of himself, and out of the other gods: which souls show to what end they were propagated by the kind of life that they pursue. But well is it for that man who, from the third generation backwards, and a long succession of years, has been dedicated to the service of this god; yet neither is that person's condition to be despised who, feeling in his own nature that he is a servant of this deity, alone, or with few on his side, shall have devoted himself to his worship.
Introductory : The Problem
Progress and Poverty (1879)
Context: It is true that wealth has been greatly increased, and that the average of comfort, leisure, and refinement has been raised; but these gains are not general. In them the lowest class do not share. I do not mean that the condition of the lowest class has nowhere nor in anything been improved; but that there is nowhere any improvement which can be credited to increased productive power. I mean that the tendency of what we call material progress is in nowise to improve the condition of the lowest class in the essentials of healthy, happy human life. Nay, more, that it is still further to depress the condition of the lowest class. The new forces, elevating in their nature though they be, do not act upon the social fabric from underneath, as was for a long time hoped and believed, but strike it at a point intermediate between top and bottom. It is as though an immense wedge were being forced, not underneath society, but through society. Those who are above the point of separation are elevated, but those who are below are crushed down.
1870s, Oratory in Memory of Abraham Lincoln (1876)
Context: Few facts could better illustrate the vast and wonderful change which has taken place in our condition as a people than the fact of our assembling here for the purpose we have today. Harmless, beautiful, proper, and praiseworthy as this demonstration is, I cannot forget that no such demonstration would have been tolerated here twenty years ago. The spirit of slavery and barbarism, which still lingers to blight and destroy in some dark and distant parts of our country, would have made our assembling here the signal and excuse for opening upon us all the flood-gates of wrath and violence. That we are here in peace today is a compliment and a credit to American civilization, and a prophecy of still greater national enlightenment and progress in the future. I refer to the past not in malice, for this is no day for malice, but simply to place more distinctly in front the gratifying and glorious change which has come both to our white fellow citizens and ourselves, and to congratulate all upon the contrast between now and then, the new dispensation of freedom with its thousand blessings to both races, and the old dispensation of slavery with its ten thousand evils to both races, white and black. In view, then, of the past, the present, and the future, with the long and dark history of our bondage behind us, and with liberty, progress, and enlightenment before us, I again congratulate you upon this auspicious day and hour.
Letter to General Horatio Gates (31 May 1776) published in The Life of Benedict Arnold : His Patriotism and His Treason (1880) by Isaac Newton Arnold, p. 96
Context: Neglected by Congress below; pinched with every want here; distressed with the small-pox; want of Generals and discipline in our Army — which may rather be called a great rabble — our late unhappy retreat from Quebec, and loss of the Cedars; our credit and reputation lost, and great part of the country; and a powerful foreign enemy advancing upon us; are so many difficulties we cannot surmount them. My whole thoughts are now bent on making a safe retreat out of this country; however, I hope we shall not be obliged to leave it until we have had one bout more for the honour of America. I think we can make a stand at Isle-aux-Noix, and keep the Lake this summer from an invasion that way. We have little to fear; but I am heartily chagrined to think we have ldst in one month all the immortal Montgomery was a whole campaign in gaining, together with our credit, and many men and an amazing sum of money. The commissioners this day leave us, as our good fortune has long since; but as Miss, like most other Misses, is fickle, and often changes, I still hope for her favors again; and that we shall have the pleasure of dying or living happy together.
Property (1935)
Context: In three ways unemployment would be reduced. First... by greater equalization of purchasing power and consequent stimulus in the form of effective demand. Second, by utilizing the national credit and socialized industries for the creation of new industries and the extension of existing ones.... Social ownership and operation of the basic industries, and especially socialized banking and credit, would greatly facilitate the task of shifting the masses of unemployed into productive channels. Third, if necessary, by shortening working hours and dividing the available work among all the people.
"The Holy Dimension", p. 338
Moral Grandeur and Spiritual Audacity: Essays (1997)
Context: The account of our experiences, the record of debit and credit, is reflected in the amount of trust or distrust we display towards life and humanity. There are those who maintain that the good is within our reach everywhere; you have but to stretch out your arms and you will grasp it. But there are others who, intimidated by fraud and ugliness, sense scorn and ambushes everywhere and misgive all things to come. Those who trust develop a finer sense for the good, even at the hight cost of blighted hopes. Charmed by the spell of love, faith is, as it were, imposed upon their heart.
“Voluntary taxation, far from impairing the "State's" credit, would strengthen it.”
Liberty and Taxation http://flag.blackened.net/daver/anarchism/tucker/tucker8.html
Individual Liberty (1926)
Context: Voluntary taxation, far from impairing the "State's" credit, would strengthen it. In the first place, the simplification of its functions would greatly reduce, and perhaps entirely abolish, its need to borrow, and the power to borrow is generally inversely proportional to the steadiness of the need. It is usually the inveterate borrower who lacks credit. In the second place, the power of the State to repudiate, and still continue its business, is dependent upon its power of compulsory taxation. It knows that, when it can no longer borrow, it can at least tax its citizens up to the limit of revolution. In the third place, the State is trusted, not because it is over and above individuals, but because the lender presumes that it desires to maintain its credit and will therefore pay its debts. This desire for credit will be stronger in a "State" supported by voluntary taxation than in the State which enforces taxation.
Preface.
A Treatise on Language: Or, The Relation which Words Bear to Things, in Four Parts (1836)
Context: As... the following sheets are the painful elaboration of many years, when my language or positions shall, in a casual perusal, seem absurd, (and such cases may be frequent,) I request the reader to seek some more creditable interpretation. The best which he can conceive should be assumed to be my intention: as on an escutcheon, when a figure resembles both an eagle and a buzzard, heraldry decides that the bird which is most creditable to the bearer, shall be deemed to be the one intended by the blazon.
Remarks while presenting a Presidential citation http://www.presidency.ucsb.edu/ws/index.php?pid=10457 to Jonas Salk (22 April 1955)
1950s
Context: The work of Dr. Salk is in the highest tradition of selfless and dedicated medical research. He has provided a means for the control of a dread disease. By helping scientists in other countries with technical information; by offering to them the strains of seed virus and professional aid so that the production of vaccine can be started by them everywhere; by welcoming them to his laboratory that they may gain a fuller knowledge, Dr. Salk is a benefactor of mankind.
His achievement, a credit to our entire scientific community, does honor to all the people of the United States.
“In life you must often choose between getting a job done or getting credit for it.”
As quoted in "Some Szilardisms on War, Fame, Peace", LIFE magazine, Vol. 51, no. 9 (1 September 1961), p. 79
Context: In life you must often choose between getting a job done or getting credit for it. In science, the most important thing is not the ideas you have but the decision which ones you choose to pursue. If you have an idea and are not doing anything with it, why spoil someone else's fun by publishing it?
Anticipations of the Reaction of Mechanical and Scientific Progress Upon Human Life and Thought http://books.google.com/books?id=OTP8dQHO57UC (1901), The Faith, Morals, and Public Policy of The New Republic, pp. 340–343
Context: Money and credit are as much human contrivances as bicycles, and as liable to expansion and modification as any other sort of prevalent but imperfect machine.
And how will the new republic treat the inferior races? How will it deal with the black? how will it deal with the yellow man? how will it tackle that alleged termite in the civilized woodwork, the Jew? Certainly not as races at all. It will aim to establish, and it will at last, though probably only after a second century has passed, establish a world state with a common language and a common rule. All over the world its roads, its standards, its laws, and its apparatus of control will run. It will, I have said, make the multiplication of those who fall behind a certain standard of social efficiency unpleasant and difficult… The Jew will probably lose much of his particularism, intermarry with Gentiles, and cease to be a physically distinct element in human affairs in a century or so. But much of his moral tradition will, I hope, never die. … And for the rest, those swarms of black, and brown, and dirty-white, and yellow people, who do not come into the new needs of efficiency?
Well, the world is a world, not a charitable institution, and I take it they will have to go. The whole tenor and meaning of the world, as I see it, is that they have to go. So far as they fail to develop sane, vigorous, and distinctive personalities for the great world of the future, it is their portion to die out and disappear.
The world has a greater purpose than happiness; our lives are to serve God's purpose, and that purpose aims not at man as an end, but works through him to greater issues.
Original short-story, "The Stainless Steel Rat" in Astounding magazine (August 1957) http://www.iol.ie/~carrollm/hh/ssrshort.htm
The Stainless Steel Rat
Context: When the office door opened suddenly I knew the game was up. It had been a money-maker — but it was all over. As the cop walked in I sat back in the chair and put on a happy grin. He had the same sombre expression and heavy foot that they all have — and the same lack of humour. I almost knew to the word what he was going to say before he uttered a syllable.
"James Bolivar diGriz I arrest you on the charge—"
I was waiting for the word charge, I thought it made a nice touch that way. As he said it I pressed the button that set off the charge of black powder in the ceiling, the crossbeam buckled and the three-ton safe dropped through right on the top of the cop's head. He squashed very nicely, thank you. The cloud of plaster dust settled and all I could see of him was one hand, slightly crumpled. It twitched a bit and the index finger pointed at me accusingly. His voice was a little muffled by the safe and sounded a bit annoyed. In fact he repeated himself a bit.
"On the charge of illegal entry, theft, forgery—"
He ran on like that for quite a while, it was an impressive list but I had heard it all before. I didn't let it interfere with my stuffing all the money from the desk drawers into my suitcase. The list ended with a new charge and I would swear on a stack of thousand credit notes that high that there was a hurt tone in his voice.
"In addition the charge of assaulting a police robot will be added to your record."
The Great Illusion (1910)
Context: The elaborate financial interdependence of the modern world has grown up in spite of ourselves. Men are fundamentally just as disposed as they were at any time to take wealth that does not belong to them. But their relative interest in the matter has changed.
In very primitive conditions robbery is a moderately profitable enterprise. Where the rewards of labor are small and uncertain, and where all wealth is portable, the size of a man’s wealth depends a good deal on the size of his club and the agility with which he wields it. But to the man whose wealth so largely depends upon his credit, dishonesty has become as precarious and profitless as honest toil was in more primitive times. The instincts of the City man may at bottom be just as predatory as those of the robber baron, but taking property by force has been rendered impossible by the force of commercial events.
Book IV, Part 2, Section 4
Immanuel Kant, Religion Within the Boundary of Pure Reason 1793 translated by James W Semple, Advocate ,Edinburgh 1838 p. 255-257
Religion within the Limits of Reason Alone (1793)
Context: Although individuals who have begun to awake to freedom of cogitation, after having long unconsciously slumbered under the yoke of a belief (e. g. Protestants), do straightway deem themselves ennobled, in proportion to their articles of belief are scanty; yet, singularly enough, they whose understandings still lie dormant, cling to a very different principle of safety. “Better Believe Too Much Than Believe Too Little,” is here the adage; for whatever is done beyond and above what is duty, cannot in any event harm, but may perchance to good. Upon this delusive dream, which would make dishonesty the very spirit and soul of religious confession, is based on the well-known argumentum a tuto, which obtains a more easy and extended currency, because religion compensates for every fault, and hence also for dishonesty in adopting it. If, says the sciolist https://en.wiktionary.org/wiki/sciolist, what I profess to believe concerning the Godhead is correct, then I have precisely hit the very truth. Should, on the other hand, the articles contain an error, still, as there is nothing in them morally improper, then have I merely assented to something superfluous and unnecessary, by all which I have no doubt molested, but certainly not incriminated myself. The peril arising out of the improbity of his profession – The Lesson of Conscience-necessarily undergone, when what is declared in the presence of God to be certain, which mankind must nevertheless know not to be so constituted as to admit of being affirmed with unconditioned certainty, are all overlooked by this dishonest maxim, And Indeed Pass With The Hypocrite For Nothing. The genuine safety-principle of true religion is contrariwise as follows. Whatever is a mean or condition of future bliss, unknown to naked reason, and promulgated singly by revelation, can strike root in my conviction, just like any other history; and so far forth as it does not militate against morality, cannot be absolutely false. Besides leaving this point totally undecided, I may unquestionably trust, that whatever of salutary there may lie in a document, will stand me in good stead, provided I do not by my moral short-coming make myself unworthy of it. In this maxim, there is a real moral safety, viz. That conscience be not violated; and more cannot be demanded from mankind. There is, moreover, an utmost danger and insecurity in that lauded stratagem of expediency, whereby we think astutely to evade any disadvantageous sequents that may spring from unbelieving nonconformity. Thus tampering with either party, we destroy our credit with both.
Resignation speech http://hansard.millbanksystems.com/commons/1846/jun/29/resignation-of-the-ministry in the House of Commons (29 June 1846) after the repeal of the Corn Laws.
Singh, T. (2016). India's broken tryst. Noida, Uttar Pradesh, India : HarperCollins Publishers India, 2016.
Source: U.S. Navy at War, 1941-1945: Official Reports to the Secretary of the Navy (1946), p. 77
First Report, p. 74
U.S. Navy at War, 1941-1945: Official Reports to the Secretary of the Navy (1946)
Friedrich Engels, in his The Dialectics of Nature
A - F
On not getting credit for the work she did for farmworkers in “Pioneering Labor Activist Dolores Huerta: Women 'Never Think of Getting Credit' But Now That's Changing” https://time.com/5211356/dolores-huerta-pbs-documentary/ in Time Magazine (2018 Mar 27)
about Jesus, The 100: A Ranking of the Most Influential Persons in History, p.17
On the combining of musical genres in Hamilton in “Lin-Manuel Miranda on his Broadway smash Hamilton: 'the world freaked out'” https://www.theguardian.com/stage/2016/sep/25/lin-manuel-miranda-broadway-smash-hamilton-hip-hop-musical-school-of-eminem in The Guardian (2016 Sep 25)
Shekhar Gupta in Tearing down Narasimha Rao http://archive.indianexpress.com/news/tearingdownnarasimharao/547260/1, The Indian Express, 7 September 2011.
Profile in Playboy magazine (August 2013) http://www.playboy.com/articles/junot-diaz-brief-history
On how her mother’s influence appears in her works in “Adrienne Kennedy by Suzan-Lori Parks” https://bombmagazine.org/articles/adrienne-kennedy/ in BOMB Magazine (1996 Jan 1)
On the topics rarely addressed in theater in “Making Invisible Stories Seen, Heard and Felt Interview with Caridad Svich” http://www.critical-stages.org/3/making-invisible-stories-seen-heard-and-felt-interview-with-caridad-svich/ in The IATC webjournal/Revue web de l'AICT – Autumn 2010: Issue No 3
Source: Better-World Philosophy: A Sociological Synthesis (1899), The Social Problem, p. 75
1920s, Viereck interview (1929)
Source: Handbook of Revolutionary Warfare (1968), p. 7
Speech https://hansard.parliament.uk/Commons/1931-01-26/debates/8a5b21f7-05dc-4c09-b195-075ec6261125/CommonsChamber in the House of Commons (26 January 1931) on Indian constitutional reform
1930s
Speech http://hansard.millbanksystems.com/lords/1988/feb/24/opportunity-and-income-social-disparities in the House of Lords (24 February 1988)
1980s
Speech in Glasgow (1 July 1977), quoted in The Times (2 July 1977), p. 1
1970s
Rep. John Conyers and Out of Afghanistan Caucus Oppose Obama Admin’s $33B Escalation of Afghan War, DemocracyNow! https://www.democracynow.org/2010/7/1/conyers (1 July 2010)
Waldersee in an interview to The New York Herald, 24 July 1892
Barney Frank: ‘Cut the Military Budget’, The Nation https://www.thenation.com/article/cut-military-budget/ (2 March 2009)
Letter to the Lord Chancellor Lord Loughborough (c. 17 March 1796), quoted in R. B. McDowell (ed.), The Correspondence of Edmund Burke, Volume VIII: September 1794–April 1796 (Cambridge University Press, 1969), p. 432
1790s
Quoted by Bill Moyers in In His New Book, Noam Chomsky Takes a Look at Income Inequality, https://billmoyers.com/story/noam-chomskys-requiem-american-dream/ (11 May 2017)
Quotes 2010s, 2017, Requiem for the American Dream: The 10 Principles of Concentration of Wealth & Power ,
Election Address, quoted in The Times (8 January 1906), p. 8
Prime Minister
Hjalmar Schacht, to Leon Goldensohn, March 10, 1946
Stacie Stukin in: "10 Yogis gather around the guru"
Speech by the President of India, Shri Pranab Mukherjee at the concluding function of the centenary celebrations of the former President of India, Dr. Neelam Sanjeeva Reddy
Janak Raj Jai in: Commissions and Omissions by Indian Prime Ministers, Volume 1 http://books.google.co.in/books?id=5Wrc1K0uJTgC&pg=PA216, Daya Books, 1996 P.216
The New Indian Express, in “An Avid Shutterbug, Driving Enthusiast, Sanskrit Scholar (17 December 2013)”
Quoted in "Mukesh Dhirajlal Ambani, Anil Dhirajlal Ambani" in page=15
Brian Mulroney, PC Leadership Convention, May 30, 2003
http://www.vanityfair.com/online/daily/2009/03/louis-ck-starvation-can-be-character-building
he would answer - They are so, because they are cultivated by slaves. … Some loss and inconvenience would, no doubt, arise from the general abolition of slavery in these colonies: but were it done gradually, with judgement, and with good temper, I have never yet seen it satisfactorily proved that such inconvenience would either be great or lasting. … If ever these colonies, now filled with slaves, be improved to their utmost capacity, an essential part of the improvement must be the abolition of slavery. Such a change would hardly be more to the advantage of the slaves, than it would be to their owners."
"A View of the Causes and Consequences of the American Revolution" (London, Robinson, 1797)
The O'Reilly Factor, January 2007
Attributed in Shadow Kings (2005) by Mark Hill, p. 91; This and similar remarks are presented on the internet and elsewhere as an expression of regret for creating the Federal Reserve. The quotation appears to be fabricated from out-of-context remarks Wilson made on separate occasions:
I have ruined my country.
Attributed by Curtis Dall in FDR: My Exploited Father-in-Law, regarding Wilson's break with Edward M. House: "Wilson … evidenced similar remorse as he approached his end. Finally he said, 'I am a most unhappy man. Unwittingly I have ruined my country.'"
A great industrial nation is controlled by its system of credit.…
"Monopoly, Or Opportunity?" (1912), criticizing the credit situation before the Federal Reserve was created, in The New Freedom (1913), p. 185
We have come to be one of the worst ruled… Governments….
"Benevolence, Or Justice?" (1912), also in The New Freedom (1913), p. 201
The quotation has been analyzed in Andrew Leonard (2007-12-21), " The Unhappiness of Woodrow Wilson https://www.salon.com/2007/12/21/woodrow_wilson_federal_reserve/" Salon:
I can tell you categorically that this is not a statement of regret for having created the Federal Reserve. Wilson never had any regrets for having done that. It was an accomplishment in which he took great pride.
John M. Cooper, professor of history and author of several books on Wilson, as quoted by Andrew Leonard
Misattributed
"What's Better Than the Tournament?' (18 March 2004)
2000s
As quoted in Words of Our Hero, Ulysses S. Grant https://books.google.com/books?id=wqJBAAAAYAAJ&pg=PA48&lpg=PA48&dq=%22the+one+thing+i+never+wanted+to+see+again+was+a+military+parade%22&source=bl&ots=zH525oYpJn&sig=ACfU3U0GLPNgij-FmXIDwgWp_Kg8zDskWg&hl=en&sa=X&ved=2ahUKEwj4uc7PzKniAhUq1lkKHWhlBfQQ6AEwBXoECAUQAQ#v=onepage&q=%22the%20one%20thing%20i%20never%20wanted%20to%20see%20again%20was%20a%20military%20parade%22&f=false, by Jeremiah Chaplin, p. 58
1880s, Speech at Warren, Ohio (1880)
As quoted in "Sen. Elizabeth Warren slams Republicans: Worry less about helping big banks" by Eric W. Dolan, in Raw Story (12 March 2013) https://www.rawstory.com/2013/03/sen-elizabeth-warren-slams-republicans-worry-less-about-helping-big-banks/
2013
Interview in the documentary-film The Game Changers by Louie Psihoyos (2018).
Testimony to the Pujo Committee (1912)
Life and Thought of Sankaracharya (1998)
On her inclusion of Woody Guthrie’s “This Land is Your Land” in a musical set to reflect the migrant experience in “Mex factor” https://www.theguardian.com/music/2003/feb/10/artsfeatures.popandrock in The Guardian (2003 Feb 10)
Music and culture
Source: 1962, Address and Question and Answer Period at the Economic Club of New York
17 September 2019
Biden vows tax credit will put '720 million women' back in workforce
Joseph Wulfsohn
Fox News
https://www.foxnews.com/politics/biden-gaffe-put-720-million-women-in-workforce
2010s, 2019
On including the world of nonprofits in Insecure in “'Awkward' And 'Insecure' Get To The Root Of Writer Issa Rae's Humor” https://www.npr.org/2018/09/03/643673530/awkward-and-insecure-get-to-the-root-of-writer-issa-raes-humor] in NPR (2018 Sep 3)
1870s, Society and Solitude (1870), Quotation and Originality
Bishop William K. Weigand of Sacramento retires http://www.icatholic.org/article/bishop-william-k-weigand-of-sacramento-retires-5662378 (January 16, 2009)
“Friendship, like credit, is highest when it is not used.”
Remarks to a friend on his death bed, quoted in J. A. Spender, The Life of The Right Hon. Sir Henry Campbell-Bannerman, G.C.B. Vol. II (1923), p. 407
Prime Minister
“Some people confess guilt to claim credit for the sin.”
As quoted in John Von Neumann: The Scientific Genius Who Pioneered the Modern Computer, Game Theory, Nuclear Deterrence, and Much More (2016) by Norman Macrae, p. 352 in response to Oppenheimer's 'destroyer of worlds' quote.
“The credit must be given to Luke for spreading Christianity to other races.”
Source: "Vice Adm. John D. Bulkeley, 84, Hero of D-Day and Philippines" in The New York Times https://www.nytimes.com/1996/04/08/us/vice-adm-john-d-bulkeley-84-hero-of-d-day-and-philippines.html (8 April 1996)
Beyond Band of Brothers: The War Memoirs of Major Dick Winters (2006)
Source: Leadership at the Point of the Bayonet: Ten Principles for Success, p. 293
Source: The Destiny of Civilization https://michael-hudson.com/2022/05/the-destiny-of-civilization/, May 15, 2022
Source: H.H. LAUGHLIN: American Scientist. American Progressive. Nazi Collaborator.