A nation is poor or is rich according as the quantity of property which she annually creates, in proportion to the number of her people, is great or is small. Now commerce tends to increase this annual produce by occasioning a more productive application and distribution both of the land and of the labour of the country.
On August 20, 1991, Estonia issued a decision to re-establish independence on the basis of historical continuity of the Baltic country’s pre-World War II statehood, sloughing off Soviet rule since 1940.
On August 20, 1935, Ron Paul (pictured) was born. Paul is now famous for his heroic congressional record, his several presidential campaigns, and for books such as “End the Fed” and “Liberty Defined.”