The waste of capital, in proportion to the total capital, in this country between 1800 and 1850, in the attempts which were made to establish means of communication and transportation, was enormous.
More Quotes from William Graham Sumner:
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.William Graham Sumner
I have before me a newspaper slip on which a writer expresses the opinion that no one should be allowed to possess more than one million dollars' worth of property.
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
A great deal is said about the unearned increment from land, especially with a view to the large gains of landlords in old countries.
William Graham Sumner
What we prepare for is what we shall get.
William Graham Sumner
Any one who believes that any great enterprise of an industrial character can be started without labor must have little experience of life.
William Graham Sumner
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