...wealth, you are utterly ignorant." • In more recent times Daniel Webster is equally emphatic : " Credit has done more a thousand times to enrich nations than all the mines of all the world." 1 W. Roscher, Principles of Political Economy, I., p. 273. The poor man is grievously handicapped in...

...infrequently more in a week than the total current money of the United States. Says Daniel Webster, " Credit has done more, a thousand times, to enrich nations than all the mines of all the world." To clear up the confusion of bimetallist perception, we have only to revert to the sound doctrine of...

...modern times. And while as the eminent American Jurist and Statesman Daniel Webster said — " Credit has done more a thousand times to enrich nations than all the mines of all the world" — it has produced calamities of corresponding magnitude. False theories of Credit, and the abuses...

...Julian P. Boyd, vol. 11, p. 633 (1955). 359 Credit is the vital air of the system of modern commerce. It has done more, a thousand times, to enrich nations, than all the mines of all the world. It has excited labor, stimulated manufactures, pushed commerce over every sea, and brought every nation,...

...with truth—The discovery that a debt is a saleable commodity. When Daniel Webster said that credit has done more a thousand times to enrich nations than all the mines of all the world, he meant the discovery that a debt is a saleable commodity, or chattel; and that it may be used like...

...smoothly. "Credit is the vital air of the system of modern commerce," observed Daniel Webster. "It has done more, a thousand times, to enrich nations, than all the mines of all the world." A plaque on Wall Street, the heart of American capitalism, declares, "Credit: Man's Faith in Man."...