Creditor Quotes

since the Depression, we bankers have had the leisure and . . . solitude, you might say, to think about the future. The Civil War left us with a federal government. The Great War made us a creditor nation. As bankers, we must anticipate what changes this war will thrust upon us."
[…] The old man leaned forward and took a long breath. "I see the rise of this country to a height no country has occupied, ever," he said quietly. "Not the Romans. Not the Carolingians. Not Genghis Khan or the Tatars or Napoleon's France. Hah! You're all looking at me like I've one foot in the funny farm. How is that possible? you ask. Because our dominance won't arise from subjugating peoples. We'll emerge from this war victorious and unscathed, and become bankers to the world. We'll export our dreams, our language, our culture, our way of life. And it will prove irresistible. ~ Jennifer Egan

A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it. ~ Victor Hugo

Thyself and thy belongings
Are not thine own so proper, as to waste
Thyself upon thy virtues, they on thee.
Heaven doth with us as we with torches do,
Not light them for themselves; for if our virtues
Did not go forth of us 't were all alike
As if we had them not. Spirits are not finely touch'd
But to fine issues; nor Nature never lends
The smallest scruple of her excellence,
But, like a thrifty goddess, she determines
Herself the glory of a creditor -
Both thanks and use. ~ William Shakespeare

True Christians consider themselves not as satisfying some rigorous creditor, but as discharging a debt of gratitude ~ William Wilberforce

He looked like a man who had never cringed and never had had a creditor. ~ Herman Melville

The creditor whose appearance gladdens the heart of a debtor may hold his head in sunbeams and his foot on storms. ~ Johann Kaspar Lavater

In addition, unlike Othello, whose profession of arms is socially honorable, Shylock is a professional usurer who, like a prostitute, has a social function but is an outcast from the community. But, in the play, he acts unprofessionally; he refuses to charge Antonio interest and insists upon making their legal relation that of debtor and creditor, a relation acknowledged as legal by all societies. Several critics have pointed to analogies between the trial scene and the medieval Processus Belial in which Our Lady defends man against the prosecuting Devil who claims the legal right to man's soul. […] But the differences between Shylock and Belial are as important as their similarities. The comic Devil of the mystery play can appeal to logic, to the letter of the law, but he cannot appeal to the heart or to the imagination, and Shakespeare allows Shylock to do both. In his "Hath not a Jew eyes…" speech in Act III, Scene I, he is permitted to appeal to the sense of human brotherhood, and in the trial scene, he is allowed to argue, with a sly appeal to the fear a merchant class has of radical social evolution:

You have among you many a purchased slave
Which like your asses and your dogs and mules,
You use in abject and in slavish parts,

which points out that those who preach mercy and brotherhood as universal obligations limit them in practice and are prepared to treat certain classes of human beings as things. ~ W.H. Auden

Faith is like private capital, stored in one's own house. It is like a public savings bank or loan office, from which individuals receive assistance in their days of need; but here the creditor quietly takes his interest for himself. ~ Johann Wolfgang Von Goethe

To honour his bills of exchange, Badoer had at least four accounts with local bankers in Constantinople, where banking was organised along the same lines as on the Rialto: a bank's primary function was not to lend money, but to transfer the funds of its depositors, who personally presented themselves to authorise the transfer of money to creditor accounts in different cities. ~ Jane Gleeson-White

Society takes upon itself the right to inflict
appalling punishment on the individual, but it also has the supreme vice of
shallowness, and fails to realise what it has done. When the man's punishment
is over, it leaves him to himself; that is to say, it abandons him at the
very moment when its highest duty towards him begins. It is really ashamed
of its own actions, and shuns those whom it has punished, as people shun a
creditor whose debt they cannot pay, or one on whom they have inflicted
an irreparable, an irremediable wrong. ~ Oscar Wilde

The belly will not listen to advice; it makes demands, it importunes. And yet it is not a troublesome creditor; you can send it away at small cost, provided only that you give it what you owe, not merely all you are able to ~ Seneca.

A man, doubtful of his dinner, or trembling at a creditor, is not much disposed to abstracted meditation, or remote enquiries. ~ Samuel Johnson

The most trifling actions that affect a man's credit are to be regarded. The sound of your hammer at five in the morning, or at nine at night, heard by a creditor, makes him easy six months longer; but if he sees you at the billiard-table, or hears your voice at a tavern, when you should be at work, he sends for his money the next day. ~ Benjamin Franklin

Big variations in the value of money give rise to the danger that commerce will emancipate itself from the money which is subject to State influence and choose a special money of its own. But without matters going so far as this it is still possible for all the consequences of variations in the value of money to be eliminated if the individuals engaged in economic activity clearly recognize that the purchasing power of money is constantly sinking and act accordingly. If in all business transactions they allow for what the objective exchange-value of money will probably be in the future, then all the effects on credit and commerce are finished with. In proportion as the Germans began to reckon in terms of gold, so was further depreciation rendered incapable of altering the relationship between creditor and debtor or even of influencing trade. By going over to reckoning in terms of gold, the community freed itself from the inflationary policy of the government. Thus it checkmated this inflationary policy, and eventually even the government was obliged to acknowledge gold as a basis of reckoning. ~ Ludwig Von Mises

That investors should be able to take physical possession of the cotton which underpinned the bonds if the South failed to make its interest payments. Collateral is, after all, only good if a creditor can get his hands on it. And that is why the fall of New Orleans in April 1862 was the real turning point in the American Civil War. With the South's main port in Union hands, any investor who wanted to get hold of Southern cotton had to run the Union's naval blockade not once but twice, in and out. ~ Niall Ferguson

One man thinks justice consists in paying debts, and has no measure in his abhorrence of another who is very remiss in this duty and makes the creditor wait tediously. But that second man has his own way of looking at things; asks himself Which debt must I pay first, the debt to the rich, or the debt to the poor? the debt of money or the debt of thought to mankind, of genius to nature? For you, O broker, there is not other principle but arithmetic. For me, commerce is of trivial import; love, faith, truth of character, the aspiration of man, these are sacred; ~ Ralph Waldo Emerson

They understood what had really held the market together before. Violence. After all, what good was a debt if the creditor couldn't compel it to be paid? ~ Alex London

EHMs provide favors. These take the form of loans to develop infrastructure - electric generating plants, highways, ports, airports, or industrial parks. A condition of such loans is that engineering and construction companies from our own country must build all these projects. In essence, most of the money never leaves the United States; it is simply transferred from banking offices in Washington to engineering offices in New York, Houston, or San Francisco. Despite the fact that the money is returned almost immediately to corporations that are members of the corporatocracy (the creditor), the recipient country is required to pay it all back, principal plus interest. ~ John Perkins

Some of the craftiest scoundrels that ever walked this earth ... will gravely jot down in diaries the events of every day, and keep a regular debtor and creditor account with heaven, which shall always show a floating balance in their own favour. ~ Charles Dickens

Russia will honour its international commitments. Our country is a reliable borrower, a reliable creditor and a reliable supplier. Sanctions come and go, but business ties, economic interests and the reputation of a state remain ~ Dmitry Medvedev

Fortune, in fact, is a pestilent shrew, and, withal, an inexorable creditor; and though for a time she may be all smiles and courtesies, and indulge us in long credits, yet sooner or later she brings up her arrears with a vengeance, and washes out her scores with our tears. ~ Washington Irving

ACCEPTILATION (ACCEPTILA'TION) n.s.[acceptilatio, Lat.]A term of the civil law,importing the remission of a debt by an acquittance from the creditor, testifying the receipt of money which has never been paid. ~ Samuel Johnson

If you have debt, you're not a free person. You're explicitly owned by your debt and implicitly owned by the creditor. ~ Jacob Lund Fisker

ADVERSARIA (ADVERSA'RIA) n.s.[Lat. A book, as it should seem, in which Debtor and Creditor were set in opposition.]A common-place; a book to note in. These parchments are supposed to have been St. Paul's adversaria.Bull'sSermons. ~ Samuel Johnson

What was to be a relatively innocuous federal government, operating from a defined enumeration of specific grants of power, has become an ever-present and unaccountable force. It is the nation's largest creditor, debtor, lender, employer, consumer, contractor, grantor, property owner, tenant, insurer, health-care provider, and pension guarantor. Moreover, with aggrandized police powers, what it does not control directly it bans or mandates by regulation. ~ Mark R. Levin

Everyone has some kind of debt. Such is life. Debts and liabilities, obligations, gratitude, payments, doing something for someone. Or perhaps for ourselves? For in fact we are always paying ourselves back and not someone else. Each time we are indebted we pay off the debt to ourselves. In each of us lies a creditor and a debtor at once and the art is for the reckoning to tally inside us. We enter the world as a minute part of the life we are given, and from then on we are ever paying off debts, To ourselves. For ourselves. In order for the final reckoning to tally. ~ Andrzej Sapkowski

A creditor is worst than a master; for a master owns only your physical presence, whereas a creditor owns your dignity and may affront it. ~ Victor Hugo

Many men on their release carry their prison about with them into the air, and hide it as a secret disgrace in their hearts, and at length, like poor poisoned things, creep into some hole and die. It is wretched that they should have to do so, and it is wrong, terribly wrong, of society that it should force them to do so. Society takes upon itself the right to inflict appalling punishment on the individual, but it also as the supreme vice of shallowness, and fails to realise what it has done. When the man's punishment is over, it leaves him to himself; that is to say, it abandons him at the very moment when its highest duty towards him begins. It is really ashamed of its own actions, and shuns those whom it has punished, as people shun a creditor whose debt they cannot pay, or one on whom they have inflicted an irreparable, an irremediable wrong. I can claim on my side that if I realise what I have suffered, society should realise what it has inflicted on me; and that there should be no bitterness or hate on either side. ~ Oscar Wilde

Reflection is and remains the hardest creditor in existence; hitherto it has cunningly bought up all the possible views of life, but it cannot buy the essentially religious and eternal view of life. ~ Soren Kierkegaard

Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute. ~ Yoshihiko Noda

In an honest service there is thin commons, low wages, and hard labor; in this, plenty and satiety, pleasure and ease, liberty and power; and who would not balance creditor on this side, when all the hazard that is run for it, at worst, is only a sour look or two at choking. No, a merry life and a short one, shall be my motto. ~ Bartholomew Roberts

The creditor hath a better memory than the debtor. ~ James Howell

The poor man who takes property by force is called a thief, but the creditor who can by legislation make a debtor pay a dollar twice as large as he borrowed is lauded as the friend of a sound currency. The man who wants the people to destroy the Government is an anarchist, but the man who wants the Government to destroy the people is a patriot. ~ William Jennings Bryan

Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries. ~ Kenneth Clarke

I am owed a debt of Human blood. Your share is overdue. God made me your creditor, Hammon. You are mine to do with as I please. Tonight, I am judge. I am jury. I am executioner." - Rachel Vaveran ~ S.G. Night

The moon fled eastward like a frightened dove, while the stars changed their places in the heavens, like a disbanding army.

'Where are we?' asked Gil Gil.

'In France,' responded the Angel of Death. 'We have now traversed a large portion of the two bellicose nations which waged so sanguinary a war with each other at the beginning of the present century. We have seen the theater of the War of Succession. Conquered and conquerors both lie sleeping at this instant. My apprentice, Sleep, rules over the heroes who did not perish then, in battle, or afterward of sickness or of
old age. I do not understand why it is that below on earth all men are not friends? The identity of your misfortunes and your weaknesses, the need you have of each other, the shortness of your life, the spectacle of the grandeur of other worlds, and the comparison between them and your littleness, all this should combine to unite you in brotherhood, like the passengers of a vessel threatened with shipwreck. There, there is neither love, nor hate, nor ambition, no one is debtor or creditor, no one is great or little, no one is handsome or ugly, no one is happy or unfortunate. The same danger surrounds all and my presence makes all equal. Well, then, what is the earth, seen from this height, but a ship which is foundering, a city delivered up to an epidemic or a conflagration?'

'What are those ignes fatui which I can see shining in certain places on the terrestrial globe ~ Pedro Antonio De Alarcón

There are some men who, living with the one object of enriching themselves, no matter by what means, and being perfectly conscious of the baseness and rascality of the means which they will use every day towards this end, affect nevertheless - even to themselves - a high tone of moral rectitude, and shake their heads and sigh over the depravity of the world. Some of the craftiest scoundrels that ever walked this earth, or rather - for walking implies, at least, an erect position and the bearing of a man - that ever crawled and crept through life by its dirtiest and narrowest ways, will gravely jot down in diaries the events of every day, and keep a regular debtor and creditor account with Heaven, which shall always show a floating balance in their own favour. Whether this is a gratuitous (the only gratuitous) part of the falsehood and trickery of such men's lives, or whether they really hope to cheat Heaven itself, and lay up treasure in the next world by the same process which has enabled them to lay up treasure in this - not to question how it is, so it is. And, doubtless, such book-keeping (like certain autobiographies which have enlightened the world) cannot fail to prove serviceable, in the one respect of sparing the recording Angel some time and labour. ~ Charles Dickens

The borrower is slave to the lender and the debtor to the creditor. ~ Benjamin Franklin

Whatever we owe, it is our part to find where to pay it, and to do it without asking, too; for whether the creditor be good or bad, the debt is still the same. ~ Seneca The Younger

It takes a man to make a devil; and the fittest man for such a purpose is a snarling, waspish, red-hot, fiery creditor. ~ Henry Ward Beecher

Life is a loan;
you are a debtor,
and God is your creditor.
Pay Him back by obeying Him ~ Matshona Dhliwayo

The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries. ~ George Soros

To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly. ~ George Bernard Shaw

I sympathize the first, the direct and single-minded attack [Red Revolution]. I believe it to have been necessary and inevitable in Russia. It may someday be inevitable in this country [United States of America]. I am not seriously alarmed by the sufferings of the creditor class, the troubles which the church is bound to encounter, the restrictions on certain kinds of freedom which must result, nor even by the bloodshed of the transition period. A better economic order is worth a little bloodshed. ~ Stuart Chase

Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions. ~ Ambrose Bierce