If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.

People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest.

I am quite correctly described as 'more of a sponge than an inventor....'

The money one gets for selling one's soul is always spent in deadening one's conscience, so the net gain at the end of a lifetime is no greater than if the diabolic bargain had not been struck.

No Such Thing as Bad Results

Radio is just a fashion contrivance that will soon die out. It is obvious that there never will be invented a proper receiver!

A reporter called on Edison to interview him about a substitute for lead in the manufacture of storage batteries that the scientist was seeking. Edison informed the man that he had made 20,000 experiments but none had worked. "Aren't you discouraged by all this waste of effort?" the reporter asked. Edison: "Waste! There's nothing wasted. I have discovered 20,000 things that won't work."