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.

Quote by William Graham Sumner

Topics: William Graham Sumner Quotes

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 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...

Men of routine or men who can do what they are told are not hard...

Men of routine or men who can do what they are told are not hard...

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...

Civil liberty is the status of the man who is guaranteed by law and civil...

Civil liberty is the status of the man who is guaranteed by law and civil...

One thing must be granted to the rich: they are goodnatured.

One thing must be granted to the rich: they are goodnatured.

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...

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...

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.

He who would be well taken care of must take care of himself.

He who would be well taken care of must take care of himself.

Men never cling to their dreams with such tenacity as at the moment when they...

Men never cling to their dreams with such tenacity as at the moment when they...

It is often said that the earth belongs to the race, as if raw land...

It is often said that the earth belongs to the race, as if raw land...

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...

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

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

Furthermore, the unearned increment from land appears in the United States as a gain to...

Furthermore, the unearned increment from land appears in the United States as a gain to...

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,...

Undoubtedly there are, in connection with each of these things, cases of fraud, swindling, and...

Undoubtedly there are, in connection with each of these things, cases of fraud, swindling, and...

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...

Perhaps they do not recognize themselves, for a rich man is even harder to define...

Perhaps they do not recognize themselves, for a rich man is even harder to define...

A drunkard in the gutter is just where he ought to be, according to the...

A drunkard in the gutter is just where he ought to be, according to the...