Refusing to heed his argument the French people had again to be punished more severely than in John Law's time: the over-issue of assignats and manda… - Andrew Dickson White

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Refusing to heed his argument the French people had again to be punished more severely than in John Law's time: the over-issue of assignats and mandats during the Revolution came forty years after his warning; and paper money inflation was again paid for by widespread bankruptcy and ruin.

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About Andrew Dickson White

Andrew Dickson White (November 7, 1832 – November 4, 1918) was an American diplomat, author, and educator who was the co-founder and first president of Cornell University.

Biography information from Wikiquote

Also Known As

Alternative Names: Andrew D. White A. D. White A.D. White Andrew White
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Additional quotes by Andrew Dickson White

TURGOT...I present today one of the three greatest statesmen who fought unreason in France between the close of the Middle Ages and the outbreak of the French Revolution—Louis XI and Richelieu being the two other. And not only this: were you to count the greatest men of the modern world upon your fingers, he would be of the number—a great thinker, writer, administrator, philanthropist, statesman, and above all, a great character and a great man. And yet, judged by ordinary standards, a failure. For he was thrown out of his culminating position, as Comptroller-General of France, after serving but twenty months, and then lived only long enough to see every leading measure to which he had devoted his life deliberately and malignantly undone; the flagrant abuses which he had abolished restored, apparently forever; the highways to national prosperity, peace, and influence, which he had opened, destroyed; and his country put under full headway toward the greatest catastrophe the modern world has seen.

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