Summary

Portrait of Noah Webster Noah Webster A Collection of Essays and Fugitiv Writings

Do you not reflect that the state of property in America, is directly the reverse of what it is in Europe? Do you not consider, that the forest laws in Europe originated in feudal tyranny, of which not a trace is to be found in America? Do you not know that in this country almost every farmer is lord of his own soil? That instead of suffering under the oppression of a monarch and nobles, a class of haughty masters, totally independent of the people, almost every man in America is a lord himself, enjoying his property in fee?
Source: Gutenberg

Portrait of Noah Webster Noah Webster A Collection of Essays and Fugitiv Writings

Paper money is the present hobby horse of the States, and every State has more or less of the paper madness. What a pity it is mankind will not discern their right hands from their left. Cash is scarce, is the general cry. Well, this proves nothing more than that the balance of trade is against us, and that we eat, drink, and wear more foreign commodities than we can pay for in produce: That is, we spend more than we earn; or in other words, we are poor.
But nothing shows the folly of people more, than their attempts to remedy the evil by a paper currency.
Source: Gutenberg

Portrait of Noah Webster Noah Webster A Collection of Essays and Fugitiv Writings

It is the business of justice to fulfil the intention of parties in contracts, not to defeat them. To pay bona fide contracts for cash, in paper of little value, or in old horses, would be a dishonest attempt in an individual; but for Legislatures to frame laws to support and encourage such detestable villany, is like a judge who should inscribe the arms of a rogue over the feat of justice, or clergymen who should convert into bawdy-houses the temples of Jehovah. My countrymen, the world says, the devil is in you: Mankind detest you as they would a nest of robbers.
Source: Gutenberg

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