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"You reflect that he is worth twenty thousand dollars, and you incur no risk by endorsing his note; you like to accommodate him, and you lend your na… - P. T. Barnum
"You reflect that he is worth twenty thousand dollars, and you incur no risk by endorsing his note; you like to accommodate him, and you lend your name without taking the precaution of getting security. Shortly after, he shows you the note with your endorsement canceled, and tells you, probably truly, "that he made the profit that he expected by the operation," you reflect that you have done a good action, and the thought makes you feel happy. By and by, the same thing occurs again and you do it again; you have already fixed the impression in your mind that it is perfectly safe to indorse his notes without security."
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About P. T. Barnum
Phineas Taylor Barnum (5 July 1810 – 7 April 1891) was an American showman who is remembered for founding the circus that eventually became Ringling Bros. and Barnum & Bailey Circus. He is also known for his entertaining hoaxes.
Biography information from Wikiquote
Also Known As
Birth Name:
Phineas Taylor Barnum.
Native Name:
Phineas Barnum
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P.T. Barnum
Alternative Names:
Phineas Taylor Barnum
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PT Barnum
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Barnum
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Additional quotes by P. T. Barnum
There are many rich poor men,” while there are many others, honest and devout men and women, who have never possessed so much money as some rich persons squander in a week, but who are nevertheless really richer and happier than any man can ever be while he is a transgressor of the higher laws of his being.
The inordinate love of money, no doubt, may be and is “the root of all evil,” but money itself, when properly used, is not only a “handy thing to have in the house,” but affords the gratification of blessing our race by enabling its possessor to enlarge the scope of human happiness and human influence. The desire for wealth is nearly universal, and none can say it is not laudable, provided the possessor of it accepts its responsibilities, and uses it as a friend to humanity.
The history of money-getting, which is commerce, is a history of civilization, and wherever trade has flourished most, there, too, have art and science produced the noblest fruits.
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