For similar folly, our own country, in the transition from the colonial period, also paid a fearful price; and from a like catastrophe the United States has been twice saved in our time by the arguments formulated by Turgot." - Meaning and context.">
Footnote - The very remarkable speeches of Mr. Garfield, afterward President of the United States, which had so great an influence on the settlement of the inflation question throughout the Union, were on the main lines laid down in Turgot's letter
• p. 171
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For similar folly, our own country, in the transition from the colonial period, also paid a fearful price; and from a like catastrophe the United States has been twice saved in our time by the arguments formulated by Turgot.

— Andrew Dickson White

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "For similar folly, our own country, in the transition from the colonial period, also paid a fearful price; and from a like catastrophe the United States has been twice saved in our time by the arguments formulated by Turgot." in the context of "Footnote - The very remarkable speeches of Mr. Garfield, afterward President of the United States, which had so great an influence on the settlement of the inflation question throughout the Union, were on the main lines laid down in Turgot's letter
• p. 171" to mean that wisdom is timeless.

Source: Wikiquote: "Andrew Dickson White" (Quotes, Seven Great Statesmen in the Warfare of Humanity with Unreason (1915): Seven Great Statesmen in the Warfare of Humanity with Unreason) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Andrew Dickson White

About Andrew Dickson White

Andrew Dickson White (November 7, 1832 – November 4, 1918) was an American diplomat, author, and educator who was the co-founder and first president of Cornell University.