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.

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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

The young man [Turgot] destined for an ecclesiastical career was placed within walls carefully designed to keep out all currents of new thought; his studies, his reading, his professors, his associates, all were combined to keep from him any results of observation or reflection save those prescribed: probably, of all means for stifling healthy and helpful thought, a theological seminary, as then conducted—whether Catholic or Protestant, Jewish or Mohammedan, was the most perfect.

The greatness of Turgot now began to appear: while he performed all the duties of the seminary and studied thoroughly what was required, he gave himself to a wide range of other studies, and chiefly in two very different directions—to thought and work upon those problems in religion which transcend all theologies, and upon those problems in politics which are of vast importance in all countries, and which especially needed discussion in his own.

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