Political Quotes

John Tyler: “The prudent capitalist will never adventure his capital in manufacturing establishments, or in any other leading pursuit…”

On the record
The prudent capitalist will never adventure his capital in manufacturing establishments, or in any other leading pursuit of life, if there exists a state of uncertainty as to whether the Government will repeal to-morrow what it has enacted to-day.
Said by
John Tyler
Whig · Virginia

Editor's note · Context

Tyler warns that uncertainty in government policy deters investment in manufacturing.

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