On the record
In Beaufort, as at Hilton Head, there are wonderful efforts to create a flame of speculation; but capital is timid, and looks sharply to the guarantees of title deeds.
Said by
Whitelaw Reid
Source
gutenberg.orgWhitelaw Reid: “In Beaufort, as at Hilton Head, there are wonderful efforts to create a flame of speculation; but capital is timid, and…”
Editor's note · Context
Reid notes the cautious nature of capital investment in the post-war economy, highlighting the importance of secure property rights.
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Our national experience has demonstrated that public order reposes most securely on the broad base of universal suffrage.
It is my firm conviction, that suffrage is not only the best security for freedom, but the most potent agent of amelioration and civilization.
Let me repeat, that I think it best for all men—white men, black men, and brown men, if you make that distinction, that all men of proper age and unconvicted of crime, should have the right of suffrage.
In this way they will surely overcome unjust hostility, and convince even the most prejudiced that the denial to them of any right which citizens may properly exercise is equally unwise and wrong.