It Is Not For Its

The Directors Of Such Companies, However, Being The Managers Rather Of Other People's Money Than Of Their Own, It Cannot Well Be Expected, That They Should Watch Over It With The Same Anxious Vigilance With Which The Partners In A Private Copartnery Frequently Watch Over Their Own.... Negligence And Profusion, Therefore, Must Always Prevail, More Or Less, In The Management Of The Affairs Of Such A Company.

Capitals Are Increased By Parsimony, And Diminished By Prodigalityand Misconduct. By What A Frugal Man Annually Saves He Not Onlyaffords Maintenance To An Additional Number Of Productive Hands?but?he Establishes As It Were A Perpetual Fund For The Maintenance Of An Equal Number In All Times To Come.

Wherever There Is Great Property There Is Great Inequality. For One Very Rich Man There Must Be At Least Five Hundred Poor, And The Affluence Of The Few Supposes The Indigence Of The Many. The Affluence Of The Rich Excites The Indignation Of The Poor, Who Are Often Both Driven By Want, And Prompted By Envy, To Invade His Possessions.

It Is Unjust That The Whole Of Society Should Contribute Towards An Expence Of Which The Benefit Is Confined To A Part Of The Society.

It Would Be Too Ridiculous To Go About Seriously To Prove That Wealth Does Not Consist In Money, Or In Gold And Silver; But In What Money Purchases, And Is Valuable Only For Purchasing. Money No Doubt, Makes Always A Part Of The National Capital; But It Has Already Been Shown That It Generally Makes But A Small Part, And Always The Most Unprofitable Part Of It.