Quote of the Day from Sybil by Benjamin Disraeli – 1845

Nor have the demoralising consquences of the funding system on the more favoured classes been less decided. It has made debt a national habit; it has made credit the ruling power, not the exceptional auxiliary, of all transactions; it has introduced a loose, inexact, haphazard, and dishonest spirit in the conduct of both public and private life; a spirit dazzling and yet dastardly; reckless of consquence and yet shrinking from responsibility. And in the end, it has so overstimulated the energies of the population to maintain the material engagements of the State, and of society at large, that the moral condition of the people has been entirely lost sight of.

Sybil – Benjamin Disraeli 1845, page 21