We then, do not say, nor need we say, to maintain our proposition, that Bank officers are more honest than Government officers, selected by the same rule. What we do say is that the interest of the Sub-Treasurer is against his duty--while the interest of the Bank is on the side of its duty. Take instances--a Sub-Treasurer has in his hands one hundred thousand dollars of public money; his duty says--"You ought to pay this money over"--but his interest says, "You ought to run away with this sum, and be a nabob the balance of your life." And who that knows anything of human nature, doubts that, in many instances, interest will prevail over duty, and that the Sub-Treasurers will prefer opulent knavery in a
David Henderson considers the following as important: Public Choice Theory
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