Posts Tagged ‘william mckinley’

William McKinley on Merchandise Measuring Men

Posted by admin on Monday, February 25, 2013

William McKinley Money Quotation saying quality of merchandise can be a measure of a country and of it’s citizens. William McKinley said:
 
Cheap merchandise means cheap men and cheap men mean a cheap country Quote
 

Cheap merchandise means cheap men and cheap men mean a cheap country” — William McKinley

 

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This quote is referring to the relationship between the quality of a country’s goods/merchandise and the quality of its workforce/citizens. William McKinley is suggesting that if a country primarily produces and sells “cheap merchandise” – low quality, low cost goods – then it will tend to have a workforce composed of “cheap men” – meaning workers with few skills who can only command low wages.

In turn, a country with a large number of low-skilled, low-paid workers will struggle to become prosperous and advanced. So the quote views cheaply-made exports as a sign of underlying weaknesses that will hold a nation back from achieving its full economic potential.

It implies countries should focus on producing higher quality, higher value goods in order to develop a highly skilled labor force and a robust economy overall.

William McKinley on Valuing Cheap

Posted by admin on Sunday, February 24, 2013

William McKinley Money Quotation saying he assigns low value to a term that is highly valued by frugal buyers and sees it instead as a stain on the poor. William McKinley said:
 

 

“I do not prize the word cheap. It is not a word of inspiration. It is the badge of poverty, the signal of distress” — William McKinley

 

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In this quote, William McKinley is expressing his negative view of the concept of “cheap” or “cheapness”. He sees it not as a virtue but a badge of an undesirable state. McKinley feels that “cheap” is not a word that inspires people or makes them aspire to higher goals.

Rather, it denotes poverty, lack and distress. His implication is that for a nation to thrive, it should not aim to produce merely “cheapgoods or services, but should strive for quality, excellence and higher standards that will allow it to prosper, not merely struggle to get by.

McKinley believed focusing on cheapness as a strategy would hold a country back rather than help it progress. The quote conveys his opinion that true inspiration and success come from more noble goals than simply reducing costs at all times.

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