William Graham Sumner

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

— William Graham Sumner

#continent #development #great #lack #lain

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. ↗

— William Graham Sumner

#between #capital #communication #country #enormous

Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare; the great captains of industry are as rare as great generals. ↗

— William Graham Sumner

#again #captains #commercial #conduct #enterprises

There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America. ↗

— William Graham Sumner

#capital #civilization #developments #every #here

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

— William Graham Sumner

#folly #guarantee #laws #ought #possessors

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

#connection #crimes #each #financial #fraud

We are to see the development of the country pushed forward at an unprecedented rate by an aggregation of capital, and a systematic application of it under the direction of competent men. ↗

— William Graham Sumner

#capital #competent #country #development #direction

We throw all our attention on the utterly idle question whether A has done as well as B, when the only question is whether A has done as well as he could. ↗

— William Graham Sumner

#could #done #idle #only #our

What we prepare for is what we shall get. ↗

— William Graham Sumner

#prepare #shall