It is recognized in time of peace that the public may take what it may need of private property for the general welfare, paying a fair compensation, and that the right to own property carries with it the duty of using it for the welfare of our fellow man.
Calvin Coolidge: “It is recognized in time of peace that the public may take what it may need of private property for the general welfare…”
Editor's note · Context
Coolidge articulates the social responsibility that comes with property ownership, emphasizing its use for the common good.
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