They will also be able to hire their capital at very low rates of interest; and will then put into their own pockets all the proceeds of their labor, except what they pay as interest on their capital.
He suggests that producers will benefit from lower interest rates on capital, enhancing their financial independence.
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Therefore all their laws, as they call them,--that is, all the laws of their own making,--have no color of authority or obligation.
And he can rightfully be held to no greater knowledge of the law than this.
The people are no more arrayed against themselves, when a jury puts its veto upon a statute, which the other tribunals have sanctioned, than they are when the same veto is exercised by the representatives, the senate, the executive, or the…
It is also sheer impudence, on their part, to assume that their commands are at all necessary to teach other men what is, and what is not, justice.