No one, I think, can deny that the depression of the agricultural interest is excessive. Though I can recall periods of suffering, none of them have ever equalled the present in its instances. ... [N]or is it open to doubt that foreign competition has exercised a most injurious influence on the agricultural interests of the country. The country, however, was perfectly warned that if we made a great revolution in our industrial system, that was one of the consequences that would accrue. I may mention that the great result of the returns we possess is this, that the immense importations of foreign agricultural produce have been vastly in excess of what the increased demands of our population actually require, and that is why the low prices are maintained...That is to a great degree the cause of this depression.
Benjamin DisraeliRelated topics
accrue agricultural cause country degree depression doubt equal excess foreign great industrial interest low mention none open present produce result revolution suffering returnsRelated quotes
I adopt Mr. Darwin's hypothesis, therefore, subject to the production of proof that physiological species may be produced by selective breeding; just as a physical philosopher may accept the undulatory theory of light, subject to the proof of the existence of the hypothetical ether; or as the chemist adopts the atomic theory, subject to the proof of the existence of atoms; and for exactly the same reasons, namely, that it has an immense amount of primâ facie probability: that it is the only means at present within reach of reducing the chaos of observed facts to order; and lastly, that it is the most powerful instrument of investigation which has been presented to naturalists since the invention of the natural system of classification and the commencement of the systematic study of embryology.
Thomas Henry Huxley
When service is performed, the individual performing it is entitled to the compensation for it. His creation becomes a part of himself. It is his property. To attempt to deal with persons or with property in a communistic or socialistic way is to deny what seems to me to be this plain fact. Liberty and equality require that equal compensation shall be paid for equal service to the individual who performs it. Socialism and communism cannot be reconciled with the principles which our institutions represent. They are entirely foreign, entirely un-American. We stand wholly committed to the policy that what the individual produces belongs entirely to him to be used by him for the benefit of himself, to provide for his own family and to enable him to serve his fellow men.
Calvin Coolidge
Capitalism should not be condemned, since we haven't had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It's not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!
Ron Paul
What is the good, I ask, in the name of common sense, of prohibiting sweating in this country if you allow sweated goods to come in from foreign countries? If you insist on limitation, of hours and upon precautions for security, bear in mind all these things add to the cost of production, to the difficulties of the manufacturer in selling his goods, and unless you give him some increased price, some increased advantage in compensation, then he cannot carry on competition any longer. All these conditions in the long run will result not to your advantage, for you will have no work to do, but to the advantage of the foreigner, who is not so scrupulous and who conducts his work without any of these conditions...If protected labour is good, and I think in many ways it is...then it is good to protect the results of labour, and you cannot do one without the other.
Joseph Chamberlain
The State must help to promote and encourage production. ... There must be none of that shrinking from national organization, national production, and national assistance. Germany never made that mistake. Take the most important of national industries, agriculture. Agriculture in the past has been overlooked in this country. It has been neglected, with the result that we have been dependent very largely on lands across the seas for our food. We have realized during the war the perils of this position. ... It is in the highest interests of the community that the land in this country should be cultivated to its fullest capacity, and I doubt whether there is a civilized country in the whole world where agriculture has received less attention at the hands of the State. ... The cultivation of the land is the basis of national strength and prosperity.
David Lloyd George