Explore "The War and Our Financial Fabric" by Walter William Wall on Textopian. Read with annotations and highlights.
Having proceeded so far we may now be able to test, perhaps, with more sureness the kind of wealth a bank does transform, and the kind of wealth it should transform. On the character of the wealth sound banking should depend.
Wealth has degrees. There is the highest wealth and the lowest wealth, with infinite degrees between. How are we to distinguish the highest from the lowest wealth, to know the quality of that product which comes into being from the satisfaction of desire? I think it is _time_ that will enable us to judge. That is to say, wealth is to be judged by its enduring qualities. The highest wealth is permanent, or lasting wealth; the lowest is fleeting, or transient wealth.