"While conditions in the United States because of the World War are serious, they are so much better than in the years following the close of the Civil War, that we who have had the double experience can be greatly encouraged. Then one-half of our country was devastated, its industries destroyed or paralyzed; now we are united and stronger in every way. Then we had a paper currency and a dangerous inflation, now we are on a gold standard and with an excellent banking and credit system. The development of our resources and wonderful inventions and discoveries since the Civil War place us in the foremost position to enter upon world commerce when all other nations have come as they must to co-operation and co-ordination upon lines for the preservation of peace and the promotion of international prosperity."
React to this quote
More by Chauncey Depew
See allResonant Thoughts
"And America needs citizens to extend the compassion of our country to every part of the world. So we will renew the promise of the Peace Corps, double its volunteers over the next five years, and ask …"
Explore Further
Related Quotes
"To Marx the claim of the theory of ideology is that all doctrine is a derivative of social circumstance."
— Bernard Crick"In its present state of development psychology must be thought of as a young science. There is only one fie…"
— Kurt Lewin"He who wants to educate himself in Chess must evade what is dead in Chess...the habit of playing with infer…"
— Emanuel Lasker"Science looks and observes and art see and foresees. Every great scientist has experienced a moment when th…"
— Naum Gabo"Dalton, the mathematical tutor, following up the lead of Newton, combined the whole of the results of quant…"
— J. R. Partington"Acid rain is a short-hand term that covers a set of highly complex and controversial environmental problems…"
— Basil John Mason