Quote

Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and I shall die abhorring.

John Adams

Change background

T
T
T

Change font

TAGS & TOPICS

John Adams
Age: 90 †
Born: 1735
Born: October 19
Died: 1826
Died: July 4
2Nd U.S. President
Diplomat
Lawyer
Political Philosopher
Politician
Statesperson
Braintree
Massachusetts
President Adams
J. Adams
President John Adams
Dies
Historically
Interest
Loan
Whatever
Banking
Ever
Defined
Whole
Capitalism
Abhorred
Continue
Usury
System
Abhor
Shall
Unproductive

More quotes by John Adams

Image
Always stand on principle even if you stand alone.
John Adams
Image
Set before us the conduct of our own British ancestors, who defended for us the inherent rights of mankind against foreign and domestic tyrants and usurpers, against arbitrary kings and cruel priests in short against the gates of earth and hell.
John Adams
Image
[I]t is religion and morality alone which can establish the principles upon which freedom can securely stand. The only foundation of a free constitution is pure virtue.
John Adams
Image
The furnace of affliction produces refinement in states as well as individuals. And the new Governments we are assuming in every part will require a purification from our vices, and an augmentation of our virtues, or there will be no blessings.
John Adams
Image
Let the human mind loose. It must be loose. It will be loose. Superstition and dogmatism cannot confine it.
John Adams
Image
The die is cast. The people have passed the river and cut away the bridge. Last night three cargoes of tea were emptied into the harbor. This is the grandest event which has ever yet happened since the controversy with Britain opened.
John Adams
Image
I must not write a word to you about politics, because you are a woman.
John Adams
Image
There are two ways to conquer and enslave a country. One is by the sword. The other is by debt.
John Adams
Image
My country has contrived for me the most insignificant office that ever the invention of man contrived or his imagination conceived.
John Adams
Image
I have examined all religions, and the result is that the Bible is the best book in the world.
John Adams
Image
The deliberate union of so great and various a people in such a place, is without all partiality or prejudice, if not the greatest exertion of human understanding, the greatest single effort of national deliberation that the world has ever seen.
John Adams
Image
They shall not be expected to acknowledge us until we have acknowledged ourselves.
John Adams
Image
If there is a form of government, then, whose principle and foundation is virtue, will not every sober man acknowledge it better calculated to promote the general happiness than any other form?
John Adams
Image
Oh! the wisdom, the foresight and the hindsight and the rightsight and the leftsight, the northsight and the southsight, and the eastsight and the westsight that appeared in that august assembly.
John Adams
Image
Individuals have conquered themselves. Nations and large bodies of men, never.
John Adams
Image
What is to become of an independent statesman, one who will bow the knee to no idol, who will worship nothing as a divinity but truth, virtue, and his country? I will tell you he will be regarded more by posterity than those who worship hounds and horses and although he will not make his own fortune, he will make the fortune of his country.
John Adams
Image
When I was young, and addicted to reading, I had heard about dancing on the points of metaphysical needles but, by mixing in the world, I found the points of political needles finer and sharper than the metaphysical ones.
John Adams
Image
Property must be secured, or liberty cannot exist.
John Adams
Image
When economic power became concentrated in a few hands, then political power flowed to those possessors and away from the citizens, ultimately resulting in an oligarchy or tyranny.
John Adams
Image
In every society where property exists there will ever be a struggle between rich and poor. Mixed in one assembly, equal laws can never be expected they will either be made by the member to plunder the few who are rich, or by the influence to fleece the many who are poor.
John Adams