'The Web was invented by the British but exported to theUS...Wedon't want that to happen again.'

[Carrol Cox]

I'm afraid I can't give you a better source but I can give
you an interesting worse one. Pound quotes this several times
in the *Cantos*. It's a major theme of the work.

Carrol

Michael Perelman wrote:


> Since this list is such a font of information, perhaps somebody can help me run
> down a better source for this citation.
>
> Quigley, Carroll. 1966. Tragedy and Hope: A History of the World in Our Time
> (NY: Macmillan).
>    49: William Paterson, on obtaining the charter of the Bank of England in
> 1694, to use the moneys he had won in privateering, said, "The Bank hath benefit
> of interest on all moneys which it creates out of nothing."
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu