"The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated on the Pacific by the annual addition of over fifty million dollars to the circulating medium"
About this Quote
Moody, a businessman writing in an era when railroads, mining, and finance were knitting the continent into a tradable asset, frames attention itself as an economic variable. “Suddenly and definitely concentrated” sounds like a camera snapping into focus, but the hand on the lens is monetary expansion. He’s implying that national will is reactive: investment creates vision, not the other way around. The West’s “possibilities” are treated as latent value awaiting monetization, as if territory is an underpriced security.
The subtext is a kind of respectable determinism. By locating the pivot in “circulating medium,” Moody naturalizes a politically charged process - speculation, dispossession, state support for infrastructure - as a neutral financial mechanism. The language lets the reader admire inevitability rather than argue about choices. It also nods to a recurring American pattern: big geographic myths tend to arrive with liquidity. When the money supply expands, so does the country’s imagination, and what looks like national ambition is often just the market clearing its throat.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Moody, John. (2026, January 16). The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated on the Pacific by the annual addition of over fifty million dollars to the circulating medium. FixQuotes. https://fixquotes.com/quotes/the-nation-did-not-begin-to-realize-the-100776/
Chicago Style
Moody, John. "The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated on the Pacific by the annual addition of over fifty million dollars to the circulating medium." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-nation-did-not-begin-to-realize-the-100776/.
MLA Style (9th ed.)
"The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated on the Pacific by the annual addition of over fifty million dollars to the circulating medium." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-nation-did-not-begin-to-realize-the-100776/. Accessed 12 Feb. 2026.




