 The great hinderance to the development of this continent has lain in the lack of capital. |
| 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. |
| 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. |
| 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. |
| The men who start out with the notion that the world owes them a living generally find that the world pays its debt in the penitentiary or the poor house. |
| Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society. |
| 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. |
| There ought to be no laws to guarantee property against the folly of its possessors. |
| It is remarkable that jealousy of individual property in land often goes along with very exaggerated doctrines of tribal or national property in land. |
| Labor organizations are formed, not to employ combined effort for a common object, but to indulge in declamation and denunciation, and especially to furnish an easy living to some officers who do not want to work. |
| If I want to be free from any other man's dictation, I must understand that I can have no other man under my control. |
| 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. |
| Furthermore, the unearned increment from land appears in the United States as a gain to the first comers, who have here laid the foundations of a new State. |
