Poverty demoralizes. A man in debt is so far a slave; and Wall-street thinks it easy for a millionaire to be a man of his word, a man of honor, but, that, in failing circumstances, no man can be relied on to keep his integrity.

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Quote text and notes from Wikiquote: Ralph Waldo Emerson (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.