Friday, July 13, 2012

The foolish superstition................

     "The same guards which protect us from disaster, defect, and enmity, defend us, if we will, from selfishness and fraud.  Bolts and bars are not the best of our institutions, nor is shrewdness in trade a mark of wisdom.  Men suffer all their life long under the foolish superstition that they can be cheated.  But it is as impossible for a man to be cheated by anyone but himself, as for a thing to be and not be at the same time.  There is a third silent party to all our bargains.  The nature and soul of things takes on itself the guaranty of the fulfilment of every contract, so that honest service cannot come to loss.  If you serve an ungrateful master, serve him the more.  Put God in your debt.  Every stroke shall be repaid.  The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer."
-Ralph Waldo Emerson, from his essay, Compensation

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