Dudley North - Quotes

There are 10 quotes by Dudley North at 95quotes.com. Find your favorite quotations and top quotes by Dudley North from this hand-picked collection about money. Feel free to share these quotes and sayings on Facebook, Pinterest, Tumblr & Twitter or any of your favorite social networking sites.

If any man, out of an humour, should turn all his Estate into Money, and keep it dead, he would soon be sensible of Poverty growing upon him, whilst he is eating out of the quick stock. ---->>>

The Question to be considered is, Whether the Government have reason by a Law, to prohibit the taking more than 4 l. per cent Interest for Money lent, or to leave the Borrower and Lender to make their own Bargains. ---->>>

It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon. ---->>>

No Man is richer for having his Estate all in Money, Plate, etc. lying by him, but on the contrary, he is for that reason the poorer. ---->>>

It is said, that in Holland Interest is lower than in England. ---->>>

Nor in truth, can Forreign Trade subsist without the Home Trade, both being connected together. ---->>>

And those are the Rich, who transmit what they have to their Posterity; whereby particular Families become rich; and of such are compounded Cities, Countries, Nations, etc. ---->>>

One rich Man hath Lands, not only more than he can manage, but so much, that letting them out to others, he is supplied with a large over-plus, so needs no farther care. ---->>>

So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out. ---->>>

Trade is nothing else but a Commutation of Superfluities; for instance: I give mine, what I can spare, for somewhat of yours, which I want, and you can spare. ---->>>


Nationality: English
Born: May 10, 1641
Die: December 31, 1691
Occupation: Economist

Sir Dudley North (16 May 1641 in Westminster – 31 December 1691 in London) was an English merchant, politician and economist, a writer on free trade.(wikipedia)