12 February 1934 February 11, 2012 Author: Staff The Civil War in Austria begins. Famous Words of Inspiration..."The statesman who would attempt to direct private people in what manner they ought to employ their capitals, would not only load himeslf with a most unnecessary attention, but assume an authority which could safely be trusted to no council and senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it." Adam Smith — Click here for more from Adam Smith No related posts. Categories: History Tags: 12 February, 1934