A monarchy is a merchantman which sails well but will sometimes strike on a rock and go to the bottom a republic is a raft which will never sink but then your feet are always in water.
Fisher Ames
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This page presents the quote "A monarchy is a merchantman which sails well but will sometimes strike on a rock and go to the bottom a republic is a raft which will never sink but then your feet are always in water.". Author of this quote is Fisher Ames. .