Political Quotes

Franklin Pierce: “If constructed by private capital the stimulant and the check go together and furnish a salutary restraint against…”

On the record
If constructed by private capital the stimulant and the check go together and furnish a salutary restraint against speculative schemes and extravagance.
Said by
Franklin Pierce
Democratic · New Hampshire

Editor's note · Context

Pierce argues that private capital can provide both motivation and caution in project execution.

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