Quotation by Woodrow Wilson

It recognizes no morality but a sham morality meant for deceit, no honor even among thieves and of a thievish sort, no force but physical force, no intellectual power but cunning, no disgrace but failure, no crime but stupidity.
Woodrow Wilson (1856–1924), U.S. president. Notes, c. February 6, 1887, for classroom lectures. The Public Papers of Woodrow Wilson, vol. 5, p. 490, ed. Arthur S. Link.

Wilson was speaking of Machiavelli's The Prince.
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