It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up.
More Quotes from William Graham Sumner:
Undoubtedly there are, in connection with each of these things, cases of fraud, swindling, and other financial crimes; that is to say, the greed and selfishness of men are perpetual.William Graham Sumner
The great hinderance to the development of this continent has lain in the lack of capital.
William Graham Sumner
The criminal law needs to be improved to meet new forms of crime, but to denounce financial devices which are useful and legitimate because use is made of them for fraud, is ridiculous and unworthy of the age in which we live.
William Graham Sumner
The aggregation of large fortunes is not at all a thing to be regretted.
William Graham Sumner
A drunkard in the gutter is just where he ought to be, according to the fitness and tendency of things. Nature has set upon him the process of decline and dissolution by which she removes things which have survived their usefulness.
William Graham Sumner
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