The great hinderance to the development of this continent has lain in the lack of capital.

Quote by William Graham Sumner

Topics: William Graham Sumner Quotes

All history is only one long story to this effect: men have struggled for power...

All history is only one long story to this effect: men have struggled for power...

I never have known a man of ordinary common-sense who did not urge upon his...

I never have known a man of ordinary common-sense who did not urge upon his...

Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing...

Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing...

What we prepare for is what we shall get.

What we prepare for is what we shall get.

I have before me a newspaper slip on which a writer expresses the opinion that...

I have before me a newspaper slip on which a writer expresses the opinion that...

Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare;...

Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare;...

The waste of capital, in proportion to the total capital, in this country between 1800...

The waste of capital, in proportion to the total capital, in this country between 1800...

A good father believes that he does wisely to encourage enterprise, productive skill, prudent self-denial,...

A good father believes that he does wisely to encourage enterprise, productive skill, prudent self-denial,...

Moreover, there is an unearned increment on capital and on labor, due to the presence,...

Moreover, there is an unearned increment on capital and on labor, due to the presence,...

The men who start out with the notion that the world owes them a living...

The men who start out with the notion that the world owes them a living...

We are to see the development of the country pushed forward at an unprecedented rate...

We are to see the development of the country pushed forward at an unprecedented rate...

It is the supreme test of a system of government whether its machinery is adequate...

It is the supreme test of a system of government whether its machinery is adequate...

Any one who believes that any great enterprise of an industrial character can be started...

Any one who believes that any great enterprise of an industrial character can be started...

There is every indication that we are to see new developments of the power of...

There is every indication that we are to see new developments of the power of...

It is a beneficent incident of the ownership of land that a pioneer who reduces...

It is a beneficent incident of the ownership of land that a pioneer who reduces...

We throw all our attention on the utterly idle question whether A has done as...

We throw all our attention on the utterly idle question whether A has done as...

The aggregation of large fortunes is not at all a thing to be regretted.

The aggregation of large fortunes is not at all a thing to be regretted.

The forgotten man... He works, he votes, generally he prays, but his chief business in...

The forgotten man... He works, he votes, generally he prays, but his chief business in...

It is remarkable that jealousy of individual property in land often goes along with very...

It is remarkable that jealousy of individual property in land often goes along with very...

There ought to be no laws to guarantee property against the folly of its possessors.

There ought to be no laws to guarantee property against the folly of its possessors.