On the record
What guarantee has he for the investment of either capital or labor under such a system?" The report proceeds to show that these regulations can have no permanency.
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gutenberg.orgGeorge Julian: “What guarantee has he for the investment of either capital or labor under such a system?" The report proceeds to show…”
Editor's note · Context
Julian questions the reliability of investment under an unstable legal system.
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It was completely at war with the genius and spirit of democratic government.
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They scourge the mining States and Territories with the unspeakable curse of uncertainty of land titles, as everywhere attested by incurable litigation and strife.
No situation could well be more deplorable than that which obliges a man to pay heavy black- mail as the only means of saving his property from legal confiscation by another; and the moral ravages of a code which allows this can not be…
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