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Updated: May 23, 2025
Colbert, the industry of the towns was certainly overvalued in comparison with that of the country, so in their system it seems to be as certainly under-valued. The different orders of people, who have ever been supposed to contribute in any respect towards the annual produce of the land and labour of the country, they divide into three classes. The first is the class of the proprietors of land.
"I used to compliment an artist upon his art and an Apollo upon his beauty but it never worked. They always looked as if I had under-valued them, so now I industriously praise the folly of the wise and the wisdom of the fool." "And the decorative talent of Perry," laughed one of the callers.
The chance of gain is by every man more or less over-valued, and the chance of loss is by most men under-valued, and by scarce any man, who is in tolerable health and spirits, valued more than it is worth. That the chance of gain is naturally overvalued, we may learn from the universal success of lotteries.
He presented his views strongly, however; but they were partial and unripe, giving but one side of the truth, and therefore calculated to do injury rather than good. He did not he could not over-estimate the importance of faith, but he unwittingly misrepresented God, in his efforts to inspire this faith, and the Christian life resulting; and he under-valued our earthly state and its interests.
Stuart might have been first, but he seems to have under-valued his rival, and wasted time in returning and refitting when he might have performed the feat in two if not one journey; for he discovered a well-watered country the whole way, and his route is now mainly the South Australian Transcontinental Telegraph Line, though it must be remembered that Stuart had something like fifteen hundred miles of unknown country in front of him to explore, while Burke and Wills had scarcely six.
A girl of twenty-two who received attention and admiration in an enjoyable, matter-of-fact manner, as if she was used to and neither over- nor under-valued it, who could make coffee and conversation bearable and even exciting, who could hold her own against patronage and slights, and be as piquant and self-possessed at home as in society, who could be dazzling at night and charming in the morning, was novelty enough in herself to make Bloomsbury Place attractive, even at its dingiest, and there were other attractions aside from this one.
The Jacksonian Democrats were not, of course, absolutely dominant during the Middle Period of American history. They were persistently, and on a few occasions successfully, opposed by the Whigs. The latter naturally represented the political, social, and economic ideas which the Democrats under-valued or disparaged.
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