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  • No arbitrary regulation, no act of the legislature, can add anything to the capital of the country; it can only force it into artificial channels.

    John Ramsay McCulloch
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    John Ramsay McCulloch (1849). “The Principles of Political Economy: With Some Inquiries Respecting Their Application, and a Sketch of the Rise and Progress of the Science”, p.226, Edinburgh : A. and C. Black
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No arbitrary regulation, no act of the legislature, can add anything to the capital of the country; it can only force it into artificial channels. - John Ramsay McCulloch
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