I wanted to share a letter with you that George Washington sent to his stepson, J.P. Custis A moments reflection must convince you of two things: first, that lands are of permanent value; that there is scarcely a possibility of their falling in price, but almost a moral certainty of their rising exceedingly in value. And, secondly, that our paper currency is fluctuating, that it has depreciated considerably, and that no human foresight can, with precision, tell how low it may get, as the rise or fall of it depends upon contingencies which the utmost stretch of human sagacity can neither foresee nor prevent. By parting from your lands, you give a certainty for an uncertainty, because it is not the nominal pr...
Comments
4