BankNotes – July 2013

“During the weeks following the [1860] election, [Northern newspaper] editors of all parties assumed that secession as a constitutional right was not in question . . . . On the contrary, the southern claim to a right of peaceable withdrawal was countenanced out of reverence for the natural law principle of government by consent of the governed.” ~ Howard Cecil Perkins, editor, Northern Editorials on Secession, p. 10

LMR – July 2013

If there is one thing most sound thinking Americans have learned about our government it is that it has proven to do only three things well— wage war, inflate the currency, and tax us unmercifully. At everything else it is a dismal failure.