Lord Acton Quotes


The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.


Citations

John Emerich Edward Dalberg [Lord Acton], 1834-1902, English Historian and Member of Parliament (Liberal), Quoted in James D. Scurlock, Maxed Out : Hard Times, Easy Credit, and the Era of Predatory Lenders, 2007

Sourced by: Eigen's Political and Historical Quotations

Linked Quotes

Most of the Founding Fathers would be scandalized by the banking and finance system we have in modern times. See {615649} for a similar view and {615650} for another quote by Adams regarding banks. Also {630667} for an Engish quote regarding banks. Interestingly, Adams was a very conservative politician and generally supported the establishment, but banks at that time were not thought of as part of the establishment. They had a somewhat unwholesome reputation at best.


Related Quotes
Lord Acton
Lord Acton
  • Born: January 10, 1834
  • Died: June 19, 1902
  • Nationality: British
  • Profession: Historian

John Emerich Edward Dalberg-Acton, 1st Baron Acton, 13th Marquess of Groppoli, better known as Lord Acton, was an English Catholic historian, politician, and writer. He was the only son of Sir Ferdinand Dalberg-Acton, 7th Baronet, and a grandson of the Neapolitan admiral and prime minister Sir John Acton, 6th Baronet. Between 1837 and 1869 he was known as Sir John Dalberg-Acton, 8th Baronet.