The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.


Lombard Street: A Description of the Money Market (ed. 1873)

Walter Bagehot Quotes

The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.

The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.

The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.

The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.