Tag Archives: Commerce

First Principles: Honest Friendship With All Nations; Entangling Alliances With None

“Peace, commerce, and honest friendship with all nations, entangling alliances with none.” – Thomas Jefferson (1801)    

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First Principles: No Nation Has Ever Been Ruined By Trade

“No nation was ever ruined by trade, even seemingly the most disadvantageous.” – Benjamin Franklin (1774)    

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First Principles: All the World Is Better With Commerce At Perfect Liberty

“I think all the world would gain by setting commerce at perfect liberty.”  – Thomas Jefferson    

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Time Spent With the Harvard Classics: Two Years Before the Mast, Chapter 13 – Dana

We have previously discussed Two Years Before the Mast, Dana’s life, trade along the California coast, and how this book helped reform the life of the average sailor for the better.  This all being said, the tutorial planned out and established … Continue reading

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First Principles: Steady Employment and Regular Worship Is For the Nation’s Good

“The almost general mediocrity of fortune that prevails in America obliging its people to follow some business for subsistence, those vices, that arise usually from idleness, are in a great measure prevented. Industry and constant employment are great preservatives of … Continue reading

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Thought For the Day: The Well Being of Mankind Is Our Business

“Business!” cried the Ghost, wringing its hands again. “Mankind was my business. The common welfare was my business; charity, mercy, forbearance, and benevolence, were, all, my business. The dealings of my trade were but a drop of water in the … Continue reading

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First Principles: A Nation Should Avoid Perpetual Debt

“We must not let our rulers load us with perpetual debt.” –Thomas Jefferson      

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First Principles: Honest Friendship With All, Entanglements With None

“Peace, commerce, and honest friendship with all nations…entangling alliances with none”  – Thomas Jefferson Jefferson’s First Inaugural Address can be read in its entirety here: http://www.bartleby.com/124/pres16.html

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First Principles: Neutrality and Respect Depend on Adequate Power

“The rights of neutrality will only be respected when they are defended by an adequate power. A nation, despicable by its weakness, forfeits even the privilege of being neutral.”  – Alexander Hamilton, Federalist Papers No. 11 To read Federalist Papers No. 11 … Continue reading

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