Quotation

Quote by Joseph Barrow Montefiore

“Restrict the rate of interest, and you at once destroy the stamina of the colony.”

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Understanding this quote

The quote warns that limiting interest rates would immediately weaken the colony’s strength and ability to sustain itself. “Stamina” presents the colony as needing financial endurance, while “at once” stresses the speaker’s belief that the damage would be rapid and direct.

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Australian Dictionary of Biography, National Centre of Biography, Australian National University
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