Mustafa Kemal Ataturk Quotes
With a view to assuring our national and economic development, and giving the country a more regular and more modern administration, the signatories of the present pact consider the possession of complete independence and liberty as the sine qua non of our national existence. In consequence, we oppose all juridical or financial restrictions of any nature which would arrest our national development. The conditions of settlement of our proved debts shall likewise not be contrary to these principles.
Ataturk drafted the declaration before he had come to power and it was signed by a number of the Turkish leaders. It was designed to try and rebuild Turkey after its disastrous foreign policy and military decisions joining Germany in fighting WWI. The Turks thought of this as their “Magna Carta”.
Kemal Ataturk, 1881-1938, 1st President and founder of the Turkish Republic Turkish Manifesto, Article 6, Sivas, September 13, 1919
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See {640105} and {640104} for more about the Capitulations Treaty.
See {604501} for another of his statements. It was Alexander Hamilton who called the national debt a national blessing. See {207891}. Jackson was convinced that a moneyed class who held the national debt could dictate to any administration by threatening to not renew their bonds. The same concern was expressed at the beginning of the 21st century regarding the Chinese and the Middle Eastern countries which held do many of our bonds.
Although India has been a thriving democracy since its independence. Nonetheless, there has been a strong governmental tradition in India of great regulation and control of business and the economy.
Tragically, the world paid a terrible price for the German upheaval before the better world finally emerged.
Benito Juarez Government. The United States initially supported the Mexican Republicans (as opposed to the French puppet Emperor Maximilian) with investments and loans (see {605684} ) as well as weapons smuggling. See {44430}.
Debts accumulated by the allies in World War I was still outstanding a decade later. When it was proposed that the United States help reduce this debt, President Coolidge remarked:
Greene had a deep distrust of Congress from his wartime experiences regarding support of the troops. See {621971}.
Historically, this is the occasion where the war debt from the Revolution and the War of 1812 was paid off. It was one of the few times that the nation was debt free.
The Mormon settlement of the West has, from an economic development point of view, produced a successful model that few have ever even approached. Using techniques that ranged from classic capitalism to classic socialism, they blended both systems into a unique structure of their own. The results were spectacular despite the fact that the Mormons faced boycotts from manufacturers throughout the country and could borrow no money from banks, and never received any financial help from the Federal or any other government but their own. Even if they had gone into heavy debt, the results would have been spectacular, but achieving all that without any debt whatsoever is one of the most successful economic developments in the history of the world.
- Born: May 19, 1881
- Died: November 10, 1938
- Nationality: Turkish
- Profession: Leader
Kemal Atatürk was a Turkish field marshal, revolutionary statesman, author, and the founding father of the Republic of Turkey, serving as its first president from 1923 until his death in 1938. He undertook sweeping progressive reforms, which modernized Turkey into a secular, industrial nation. Ideologically a secularist and nationalist, his policies and theories became known as Kemalism. Due to his military and political accomplishments, Atatürk is regarded as one of the most important political leaders of the 20th century.
