To state the facts frankly is not to despair the future nor indict the past. The prudent heir takes careful inventory of his legacies and gives a faithful accounting to those whom he owes an obligation of trust.

Summary

This quote emphasizes the importance of being honest and transparent while assessing our past actions and future prospects. Frankly stating the facts does not imply losing hope for the future or dwelling on past mistakes. It suggests taking a careful inventory of our accomplishments and shortcomings and being accountable to those who rely on our integrity. In this context, a prudent heir symbolizes someone who responsibly evaluates their inheritance, acknowledges their obligations, and communicates honestly with those who have placed their trust in them.

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