Industrial Revolution Quotes
Samuel Colt, 1814–1862, was the inventor and manufacturer of the six gun which was available for about half a cowboy’s monthly wage ($17) and, in effect, put all men on an equal footing in individual conflicts.
3rd Earl Russell of Kingston
Stimson was one of the first to realize the new economic reality in America. In prior years, wealthy individuals financed most business and industrial efforts. However, the need for capital had become so great that wealthy individuals could no longer provide sufficient capital to underwrite some of the business efforts. The age of the corporation was dawning on America and Stimson was one of the first to recognize it.
Samuel Langhorne Clemens, 1835-1910
Fortunately for America, Jefferson did not get his wish. Jefferson did mellow on this point as he got older. See {606440} for a related quotation 27 years later.
His answer was what Max Weber called “The Protestant Work Ethic.”