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.
John Tyler: “The prudent capitalist will never adventure his capital in manufacturing establishments, or in any other leading pursuit…”
Editor's note · Context
Tyler warns that uncertainty in government policy deters investment in manufacturing.
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