All the perplexities confusion and distress in America arise not from defects in their Constitution or Confederation not from want of honor or virtue so much as from the downright ignorance of the nature of coin credit and circulation.

The circulation of confidence is better than the circulation of money.

Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.

The denunciation of the young is a necessary part of the hygiene of older people and greatly assists the circulation of the blood.