It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.

Summary

This quote highlights the importance of responsibility and accountability in addressing one's own debts. It suggests that each generation should take the responsibility to pay off its own debts rather than burdening future generations. By doing so, this principle is advocated as a means to prevent conflicts and wars that often arise from financial tensions and intergenerational debt crises. Taking a proactive approach in managing financial obligations can contribute to a more stable and harmonious world.

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