Such was the origin of that debt which has since…
Such was the origin of that debt which has since become the greatest prodigy that ever perplexed the sagacity and confounded the pride of statesmen and philosophers. At every stage in the growth of that debt the nation has set up the same cry of anguish and despair. At every stage in the growth of that debt it has been seriously asserted by wise men that bankruptcy and ruin were at hand. Yet still the debt went on growing; and still bankruptcy and ruin were as remote as ever.
Sourced
Thomas Babington Macaulay, History of England, vol. 8 (The Complete Writings of Lord Macaulay, vol. 8), chapter 19 (1899)
Other Debt Quotes
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- I’m in debt. I am a true American. - View Quote Details on I’m in debt. I am a true American.
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- Free from debt is free from care. - View Quote Details on Free from debt is free from care.
- Credit—a difficult subject to those who can’t get any. - View Quote Details on Credit—a difficult subject to those who can’t get any.
- Debt, grinding debt, whose iron face the widow, the orphan, and the sons of genius fear and hate; debt, which consumes so much time, which so cripples and disheartens a great spirit with cares that seem so base, is a preceptor whose lessons cannot be forgone, and is needed most by those who suffer from it most. - View Quote Details on Debt, grinding debt, whose iron face the widow, the orphan,…
- One who restrains his appetites avoids debt. - View Quote Details on One who restrains his appetites avoids debt.
- Poverty demoralizes. A man in debt is so far a slave; and Wall-street thinks it easy for a millionaire to be a man of his word, a man of honor, but, that, in failing circumstances, no man can be relied on to keep his integrity. - View Quote Details on Poverty demoralizes. A man in debt is so far a…
- Forgive us out debts, as we forgive our debtors. - View Quote Details on Forgive us out debts, as we forgive our debtors.













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