John Buchanan Robinson

The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament. ↗

— John Buchanan Robinson

#bank #brought #colonial #community #during

According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your own happiness you seek. ↗

— John Buchanan Robinson

#always #happiness #other #own #people

Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows. ↗

— John Buchanan Robinson

#behind #diminished #follows #gold #notes

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only. ↗

— John Buchanan Robinson

#chiefly #crises #currency #financial #financial crises

But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals. ↗

— John Buchanan Robinson

#domination #frees #him #his #ideals

For each one of us stands alone in the midst of a universe. ↗

— John Buchanan Robinson

#each #midst #stands #universe #us

However near and dear to you may be your wife, children, friends, they are not you; they are outside of you. ↗

— John Buchanan Robinson

#dear #friends #however #may #near

In precisely the same way money is often hired, and the hire paid for the use of it is called Interest. ↗

— John Buchanan Robinson

#hire #hired #interest #money #often

In this way, the charge that the bank makes for the use of its notes - the interest - is a continual and universal tax upon all the members of the community. ↗

— John Buchanan Robinson

#charge #community #continual #his way #interest

In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism. ↗

— John Buchanan Robinson

#antithesis #brief #egoism #idealism #interpretation