Word: wealth
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Dates: during 1880-1889
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...silence about the large revenue from sugar, and by his advice to remove protective duties and let the purely revenue taxes, such as those on tobacco and spirits, remain. And why should this be done? Has the country been injured by the present system? In 1860 the wealth per capita of the United States was $415; in 1887, $1000. Can anyone look at these figures and deny that protection and prosperity have gone hand in hand? It is said that the laborers suffer from the tariff, even if they do not perceive it, because, although wages are higher, the cost...
...cannot choose our environments at the beginning of our life. Gracious circumstances are given by God alone, but it is due to human activity and exertion that the growth of the body in material prosperity and of the soul in moral strength is made possible. Neither goodness nor wealth are of spontaneous development. With honorable success comes an honorable end. The change takes place unconsciously; we feel only the warfare; but at the end we know that God has been with us. We then realize the full meaning of the thoughts that passed through the mind of Jacob...
...journalists, amounted to only thirteen thousand. This is not remarkable, as the profession of literature is of recent origin, and only the vast extension of printing in the last forty years has rendered it possible. Every man must choose his occupation with reference to his own natural gifts. If wealth is the only object of life, not literature but all the professions must be ruled out. Enormous gains can only be hoped for in commerce. The most celebrated lawyers seldom have an income of over $50,000, and the most famous clergymen and physicians rarely receive more than...
...Social advancement is only secured by nations whose wealth is sufficient to make possible leisure, learning and the means of refinement. The rise of wealthy classes in a nation adds to its political security.- Ellis H. Roberts in New Princeton Review, May, 1887; J. S. Mill, Political Economy...
...protective policy is more productive of wealth in the United States than any other policy, because- (a) the greater the natural resources of a country the greater will be the wealth developed under protection; (b) under protection the United States have contributed more to the benefit of the world than could have been done under any other policy; (c) a protective tariff secures a nation's markets for its own products and so develops diversified industries which promote the general welfare.- Ellis H. Roberts, New Princeton Review, May, 1887; Stebbins, Amer. Protectionist Manual, ch. 3; Fawcett's Free Trade...