Quotation by

William Lyon Mackenzie King

Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talks of the sovereignty of Parliament and of democracy is idle and futile.

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Understanding this quote AI Analysis

William Lyon Mackenzie King is saying that true government power depends on having authority over money and credit. Without this control, claims about Parliament's authority and democratic rule are meaningless.

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A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take …
I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.

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Government, even in its best state, is but a necessary evil in its worst state, an intolerable one.