Definitions for public treasury
This page provides all possible meanings and translations of the word public treasury
public treasury, trough, till(noun)
a treasury for government funds
Sample Sentences & Example Usage
A democracy cannot exist as a permanent form of government. It can only exist until a majority of voters discover that they can vote themselves largess out of the public treasury.
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits the public treasury with the result that a democracy always collapses over lousy fiscal policy, always followed by a dictatorship. The average of the world's great civilizations before they decline has been 200 years. These nations have progressed in this sequence: From bondage to spiritual faith; from faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to Complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage.
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"public treasury." Definitions.net. STANDS4 LLC, 2016. Web. 10 Feb. 2016. <http://www.definitions.net/definition/public treasury>.