Quotes on Debt
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14. Debt
"Small debts are like small shot; they are rattling on every side, and can scarcely be escaped without a wound: great debts are like cannon; of loud noise, but of little danger."
Boswell: Life

807. Bankruptcy; Debt; Debtor's Prison
"Those who made the laws have apparently supposed, that every deficiency of payment is the crime of the debtor. But the truth is, that the creditor always shares the act, and often more than shares the guilt, of improper trust. It seldom happens that any man imprisons another but for debts which he suffered to be contracted in hope of advantage to himself, and for bargains in which proportioned his own profit to his own opinion of the hazard; and there is no reason, why one should punish the other for a contract in which both concurred."
Johnson: Idler #22 (September 16, 1758)

1,341. Class; Debt; Embarrassment
"It sometimes happens in the combinations of life, that important services are performed by inferiors; but though their zeal and activity may be paid by pecuniary rewards, they seldom excite that flow of gratitude, or obtain that accumulation of recompense, with which all think it their duty to acknowledge the favour of those who descent to their assistance from a higher elevation. To be obliged is to be in some respect inferior to another; and few willingly indulge the memory of an action which raises one whom they have always been accustomed to think below them, but satisfy with faint praise and penurious payment, and then drive it form their own minds, and endeavour to conceal it from the knowledge of others."
Johnson: Rambler #166 (October 19, 1751)

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