Quotes about commerce

A collection of quotes on the topic of commerce, nation, nationality, world.

Quotes about commerce

Henri Fayol photo
Hammurabi photo
Martin Luther photo
George Washington photo

“Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”

George Washington (1732–1799) first President of the United States

Letter to Jabez Bowen https://founders.archives.gov/GEWN-04-04-02-0428 (9 January 1787)
1780s

George Washington photo

“A people… who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything.”

George Washington (1732–1799) first President of the United States

Letter to Benjamin Harrison V (10 October 1784)
1780s

Karl Marx photo

“It is in this sense that Franklin says, "war is robbery, commerce is generally cheating."”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Vol. I, Ch. 5, pg. 182 (on Benjamin Franklin)
(Buch I) (1867)

Kim Jong-un photo

“I hear from higher up that China seems to be succeeding on many fronts – engineering, commerce, hotels, agriculture - everything. In many ways, don’t we need to take them as a model example for us?”

Kim Jong-un (1984) 3rd Supreme Leader of North Korea

As recounted by household chef Kenji Fujimoto, https://www.reuters.com/article/us-northkorea-kimjongun-insight/the-thinking-behind-kim-jong-uns-madness-idUSKBN1DU15Y

Paul Valéry photo
Theodore Roosevelt photo
Kurt Vonnegut photo
Thomas Jefferson photo
Barack Obama photo
Barack Obama photo
Antonin Scalia photo

“If one assumes, however, that the PGA TOUR has some legal obligation to play classic, Platonic golf—and if one assumes the correctness of all the other wrong turns the Court has made to get to this point—then we Justices must confront what is indeed an awesome responsibility. It has been rendered the solemn duty of the Supreme Court of the United States, laid upon it by Congress in pursuance of the Federal Government's power [t]o regulate Commerce with foreign Nations, and among the several States, U. S. Const., Art. I, § 8, cl. 3, to decide What Is Golf. I am sure that the Framers of the Constitution, aware of the 1457 edict of King James II of Scotland prohibiting golf because it interfered with the practice of archery, fully expected that sooner or later the paths of golf and government, the law and the links, would once again cross, and that the judges of this august Court would some day have to wrestle with that age-old jurisprudential question, for which their years of study in the law have so well prepared them: Is someone riding around a golf course from shot to shot really a golfer? The answer, we learn, is yes. The Court ultimately concludes, and it will henceforth be the Law of the Land, that walking is not a fundamental aspect of golf.”

Antonin Scalia (1936–2016) former Associate Justice of the Supreme Court of the United States

PGA Tour, Inc. v. Martin, 532 U.S. 661 http://caselaw.lp.findlaw.com/scripts/getcase.pl?court=us&vol=000&invol=00-24 (2001) (dissenting).
2000s

Mobutu Sésé Seko photo

“Zaire is the country that has been the most heavily exploited in the world. That is why farms, ranches, plantations, concessions, commerce, and real estate agencies will be turned over to sons of the country.”

Mobutu Sésé Seko (1930–1997) President of Zaïre

November 30, 1973, on the eve of "Zairianization". Zaire: A Country Study, "Zairianization, Radicalization, and Retrocession" http://lcweb2.loc.gov/cgi-bin/query/r?frd/cstdy:@field(DOCID+zr0044)

Abraham Lincoln photo
Theodore Roosevelt photo

“The large corporations, commonly called trusts, though organized in one State, always do business in many States, often doing very little business in the State where they are incorporated. There is utter lack of uniformity in the State laws about them; and as no State has any exclusive interest in or power over their acts, it has in practice proved impossible to get adequate regulation through State action. Therefore, in the interest of the whole people, the Nation should, without interfering with the power of the States in the matter itself, also assume power of supervision and regulation over all corporations doing an interstate business. This is especially true where the corporation derives a portion of its wealth from the existence of some monopolistic element or tendency in its business. There would be no hardship in such supervision; banks are subject to it, and in their case it is now accepted as a simple matter of course. Indeed, it is probable that supervision of corporations by the National Government need not go so far as is now the case with the supervision exercised over them by so conservative a State as Massachusetts, in order to produce excellent results. When the Constitution was adopted, at the end of the eighteenth century, no human wisdom could foretell the sweeping changes, alike in industrial and political conditions, which were to take place by the beginning of the twentieth century. At that time it was accepted as a matter of course that the several States were the proper authorities to regulate, so far as was then necessary, the comparatively insignificant and strictly localized corporate bodies of the day. The conditions are now wholly different and wholly different action is called for. I believe that a law can be framed which will enable the National Government to exercise control along the lines above indicated; profiting by the experience gained through the passage and administration of the Interstate-Commerce Act. If, however, the judgment of the Congress is that it lacks the constitutional power to pass such an act, then a constitutional amendment should be submitted to confer the power.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1900s, First Annual Message to Congress (1901)

Alex Hershaft photo
Benjamin Disraeli photo
Theodore Roosevelt photo
Nikola Tesla photo
Emil M. Cioran photo
Benjamin Disraeli photo

“…reciprocity is barter. I always understood that barter was the last effort of civilization that it was exactly that state of human exchange that separated civilization from savagery; and if reciprocity is only barter, I fear that would hardly help us out of our difficulty. My noble friend read some extracts from the speeches of those who had the misfortune to be in Parliament at that time, and he honoured me by reading an extract from the speech I then made in the other House of Parliament. That was a speech in favour of reciprocity, and indicated the means by which reciprocity could be obtained. That is to say…by the negotiation of a treaty of commerce, by reciprocal exchange and the lowering of duties, the products of the two negotiating countries would find a freer access and consumption in the two countries than they formerly possessed. But when he taunts me with his quotation of some musty phrases of mine 40 years ago, I must remind him that we had elements then on which treaties of reciprocity could be negotiated. At that time, although the great changes of Sir Robert Peel had taken place, there were 168 articles in the tariff which were materials by which you could have negotiated, if that was a wise and desirable policy, commercial treaties of reciprocity. What is the number you now have in the tariff? Twenty-two. Those who talk of negotiating treaties of reciprocity…have they the materials for negotiating treaties of reciprocity? You have lost the opportunity. I do not want to enter into the argument at the present moment; but England cannot pursue that policy.”

Benjamin Disraeli (1804–1881) British Conservative politician, writer, aristocrat and Prime Minister

Speech in the House of Lords (29 April 1879), reported in The Times (30 April 1879), p. 8.
1870s

George Washington photo
Karl Marx photo
Paul Valéry photo
Theodore Roosevelt photo
Voltaire photo

“A people that sells its own children is more condemnable than the buyer; this commerce demonstrates our superiority; he who gives himself a master was born to have one.”

Voltaire (1694–1778) French writer, historian, and philosopher

Un peuple qui trafique de ses enfants est encore plus condamnable que l’acheteur: ce négoce démontre notre supériorité; ce qui se donne un maître était né pour en avoir.
Essai sur les Moeurs et l'Espit des Nations (1753), ch. CXCVII: Résumé de toute cette histoire jusqu’au temps où commence le beau siècle de Louis XIV http://www.voltaire-integral.com/Html/13/02ESS197.html#197
Citas

Theodor W. Adorno photo

“Vague expression permits the hearer to imagine whatever suits him and what he already thinks in any case. Rigorous formulation demands unequivocal comprehension, conceptual effort, to which people are deliberately disencouraged, and imposes on them in advance of any content a suspension of all received opinions, and thus an isolation, that they violently resist. Only what they do not need first to understand, they consider understandable; only the word coined by commerce, and really alienated, touches them as familiar.”

Der vage Ausdruck erlaubt dem, der ihn vernimmt, das ungefähr sich vorzustellen, was ihm genehm ist und was er ohnehin meint. Der strenge erzwingt Eindeutigkeit der Auffassung, die Anstrengung des Begriffs, deren die Menschen bewußt entwöhnt werden, und mutet ihnen vor allem Inhalt Suspension der gängigen Urteile, damit ein sich Absondern zu, dem sie heftig widerstreben. Nur, was sie nicht erst zu verstehen brauchen, gilt ihnen für verständlich; nur das in Wahrheit Entfremdete, das vom Kommerz geprägte Wort berührt sie als vertraut.
E. Jephcott, trans. (1974), § 64
Minima Moralia (1951)

Benjamin Disraeli photo
Bertrand Russell photo
Ronald Reagan photo
George Washington photo
Jadunath Sarkar photo
Theodore Roosevelt photo
Barack Obama photo
Theodore Roosevelt photo

“In the end I have always believed that it would also be necessary to give the National Government complete power over the organization and capitalization of all business concerns engaged in inter-State commerce.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

Appendix A
1910s, Theodore Roosevelt — An Autobiography (1913)

Karl Marx photo

“Capitalist production does not exist at all without foreign commerce.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Vol. II, Ch. XX, p. 474 (See also...David Ricardo, The Principles of Political Economy and Taxation, Ch. VII, p. 81).
(Buch II) (1893)

George Washington photo

“On these occasions I consider how mankind may be connected like one great family in fraternal ties—I endulge a fond, perhaps an enthusiastic idea, that as the world is evidently much less barbarous than it has been, its melioration must still be progressive—that nations are becoming more humanized in their policy—that the subjects of ambition & causes for hostility are daily diminishing—and in fine, that the period is not very remote when the benefits of a liberal & free commerce will, pretty generally, succeed to the devastations & horrors of war.”

George Washington (1732–1799) first President of the United States

“From George Washington to Lafayette, 15 August 1786,” Founders Online, National Archives http://founders.archives.gov/documents/Washington/04-04-02-0200 Source: The Papers of George Washington, Confederation Series, vol. 4, 2 April 1786 – 31 January 1787, ed. W. W. Abbot. Charlottesville: University Press of Virginia, 1995, pp. 214–216. Page scan http://memory.loc.gov/cgi-bin/ampage?collId=mgw2&fileName=gwpage013.db&recNum=157&tempFile=./temp/~ammem_fmyS&filecode=mgw&next_filecode=mgw&itemnum=1&ndocs=100 at American Memory (Library of Congress)
1780s
Context: Altho’ I pretend to no peculiar information respecting commercial affairs, nor any foresight into the scenes of futurity; yet as the member of an infant-empire, as a Philanthropist by character, and (if I may be allowed the expression) as a Citizen of the great republic of humanity at large; I cannot help turning my attention sometimes to this subject. I would be understood to mean, I cannot avoid reflecting with pleasure on the probable influence that commerce may here after have on human manners & society in general. On these occasions I consider how mankind may be connected like one great family in fraternal ties—I endulge a fond, perhaps an enthusiastic idea, that as the world is evidently much less barbarous than it has been, its melioration must still be progressive—that nations are becoming more humanized in their policy—that the subjects of ambition & causes for hostility are daily diminishing—and in fine, that the period is not very remote when the benefits of a liberal & free commerce will, pretty generally, succeed to the devastations & horrors of war.

Theodore Roosevelt photo

“Corporations engaged in interstate commerce should be regulated if they are found to exercise a license working to the public injury. It should be as much the aim of those who seek for social- betterment to rid the business world of crimes of cunning as to rid the entire body politic of crimes of violence. Great corporations exist only because they are created and safeguarded by our institutions; and it is therefore our right and our duty to see that they work in harmony with these institutions.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1900s, First Annual Message to Congress (1901)
Context: It is no limitation upon property rights or freedom of contract to require that when men receive from Government the privilege of doing business under corporate form, which frees them from individual responsibility, and enables them to call into their enterprises the capital of the public, they shall do so upon absolutely truthful representations as to the value of the property in which the capital is to be invested. Corporations engaged in interstate commerce should be regulated if they are found to exercise a license working to the public injury. It should be as much the aim of those who seek for social- betterment to rid the business world of crimes of cunning as to rid the entire body politic of crimes of violence. Great corporations exist only because they are created and safeguarded by our institutions; and it is therefore our right and our duty to see that they work in harmony with these institutions.

Napoleon I of France photo

“Commerce unites men and make them; therefore it is fatal to despotic power.”

Napoleon I of France (1769–1821) French general, First Consul and later Emperor of the French

Napoleon Bonaparte, Napoleon's War Maxims: With His Social and Political Thoughts (1804-15), Gale & Polden, (1899) p. 150

Karl Marx photo
Vincent Van Gogh photo
Thomas Jefferson photo

“Commerce with all nations, alliance with none, should be our motto.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter to Thomas Lomax (12 March 1799) http://www.gutenberg.org/files/16783/16783-h/16783-h.htm#2H_4_0253|
1790s

Thomas Jefferson photo

“Peace, commerce, and honest friendship with all nations… entangling alliances with none”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

1800s, First Inaugural Address (1801)
Context: Equal and exact justice to all men, of whatever state or persuasion, religious or political; peace, commerce, and honest friendship with all nations, entangling alliances with none; the support of the State governments in all their rights, as the most competent administrations for our domestic concerns and the surest bulwarks against antirepublican tendencies; the preservation of the General Government in its whole constitutional vigor, as the sheet anchor of our peace at home and safety abroad; a jealous care of the right of election by the people -- a mild and safe corrective of abuses which are lopped by the sword of revolution where peaceable remedies are unprovided; absolute acquiescence in the decisions of the majority, the vital principle of republics, from which is no appeal but to force, the vital principle and immediate parent of despotism; a well-disciplined militia, our best reliance in peace and for the first moments of war till regulars may relieve them; the supremacy of the civil over the military authority; economy in the public expense, that labor may be lightly burthened; the honest payment of our debts and sacred preservation of the public faith; encouragement of agriculture, and of commerce as its handmaid; the diffusion of information and arraignment of all abuses at the bar of the public reason; freedom of religion; freedom of the press, and freedom of person under the protection of the habeas corpus, and trial by juries impartially selected. These principles
Context: About to enter, fellow-citizens, on the exercise of duties which comprehend everything dear and valuable to you, it is proper you should understand what I deem the essential principles of our Government, and consequently those which ought to shape its Administration. I will compress them within the narrowest compass they will bear, stating the general principle, but not all its limitations. Equal and exact justice to all men, of whatever state or persuasion, religious or political; peace, commerce, and honest friendship with all nations, entangling alliances with none; the support of the State governments in all their rights, as the most competent administrations for our domestic concerns and the surest bulwarks against antirepublican tendencies; the preservation of the General Government in its whole constitutional vigor, as the sheet anchor of our peace at home and safety abroad; a jealous care of the right of election by the people -- a mild and safe corrective of abuses which are lopped by the sword of revolution where peaceable remedies are unprovided; absolute acquiescence in the decisions of the majority, the vital principle of republics, from which is no appeal but to force, the vital principle and immediate parent of despotism; a well-disciplined militia, our best reliance in peace and for the first moments of war till regulars may relieve them; the supremacy of the civil over the military authority; economy in the public expense, that labor may be lightly burthened; the honest payment of our debts and sacred preservation of the public faith; encouragement of agriculture, and of commerce as its handmaid; the diffusion of information and arraignment of all abuses at the bar of the public reason; freedom of religion; freedom of the press, and freedom of person under the protection of the habeas corpus, and trial by juries impartially selected. These principles form the bright constellation which has gone before us and guided our steps through an age of revolution and reformation. The wisdom of our sages and blood of our heroes have been devoted to their attainment. They should be the creed of our political faith, the text of civic instruction, the touchstone by which to try the services of those we trust; and should we wander from them in moments of error or of alarm, let us hasten to retrace our steps and to regain the road which alone leads to peace, liberty, and safety.

William Blake photo

“When nations grow old, the Arts grow cold,
And Commerce settles on every tree.”

William Blake (1757–1827) English Romantic poet and artist

On Art And Artists (1800) 'On the Foundation of the Royal Academy'

Adolf Hitler photo
Jasper Fforde photo
Tad Williams photo
Elton Mayo photo
Princess Madeleine, Duchess of Hälsingland and Gästrikland photo
Oliver Goldsmith photo

“Where wealth and freedom reign contentment fails,
And honor sinks where commerce long prevails.”

Oliver Goldsmith (1728–1774) Irish physician and writer

Source: The Traveller (1764), Line 91.

John Maynard Smith photo
Thomas Jefferson photo

“The art and mystery of banks… is established on the principle that 'private debts are a public blessing.' That the evidences of those private debts, called bank notes, become active capital, and aliment the whole commerce, manufactures, and agriculture of the United States. Here are a set of people, for instance, who have bestowed on us the great blessing of running in our debt about two hundred millions of dollars, without our knowing who they are, where they are, or what property they have to pay this debt when called on; nay, who have made us so sensible of the blessings of letting them run in our debt, that we have exempted them by law from the repayment of these debts beyond a give proportion (generally estimated at one-third). And to fill up the measure of blessing, instead of paying, they receive an interest on what they owe from those to whom they owe; for all the notes, or evidences of what they owe, which we see in circulation, have been lent to somebody on an interest which is levied again on us through the medium of commerce. And they are so ready still to deal out their liberalities to us, that they are now willing to let themselves run in our debt ninety millions more, on our paying them the same premium of six or eight per cent interest, and on the same legal exemption from the repayment of more than thirty millions of the debt, when it shall be called for.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:420
1810s, Letters to John Wayles Eppes (1813)

Jean-Baptiste Say photo
Henri Fantin-Latour photo
Ben Klassen photo
Caitlín R. Kiernan photo

“Art should never be a slave to commerce, but for all working artists that's exactly what it must be.”

Caitlín R. Kiernan (1964) writer

31 January 2005
Unfit for Mass Consumption (blog entries), 2005

Ma Ying-jeou photo
Calvin Coolidge photo
Virchand Gandhi photo

“We all understand that the debasement of a nation's coinage is very pernicious and must prove disastrous to its commerce. How much more dangerous is the debasement of the spiritual coinage!”

Virchand Gandhi (1864–1901) Jain scholar who represented Jainism at the first World Parliament of Religions in 1893

Christian Missions: A Triangular Debate, Before the Nineteenth Century Club of New York (1895)

Sinclair Lewis photo
Thomas Jefferson photo

“The selfish spirit of commerce knows no country, and feels no passion or principle but that of gain.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter to Larkin Smith (1809)
1800s, Post-Presidency (1809)

John Bright photo
Friedrich Engels photo
James K. Morrow photo
James A. Garfield photo

“Whoever controls the volume of money in any country is absolute master of all industry and commerce…. And when you realize the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

James A. Garfield (1831–1881) American politician, 20th President of the United States (in office in 1881)

The first sentence, attributed to Garfield since the 1890s http://books.google.com/books?id=-RoPAAAAYAAJ&pg=PA156&dq=%22Whoever+controls+the+volume+of+money%22, is almost certainly a paraphrase of Garfield's "absolute dictator" quote, above. The second part is a late 20th-century commentary misattributed to Garfield.
Misattributed

Richard Cobden photo

“Here is an empire in which is the only relic of the oldest civilization of the world—one which, 2,700 years ago, according to some authorities, had a system of primary education—which had its system of logic before the time of Aristotle, and its code of morals before that of Socrates. Here is a country which has had its uninterrupted traditions and histories for so long a period—that supplied silks and other articles of luxury to the Romans 2,000 years ago! They are the very soul of commerce in the East, and one of the wealthiest nations in the world. They are the most industrious people in Asia, having acquired the name of the ants of the East…You find them not as barbarians at home, where they cultivate all the arts and sciences, and where they have carried all, except one, to a point of perfection but little below our own—but that one is war. You have there a people who have carried agriculture to a state of horticulture, and whose great cities rival in population those of the Western world. Now, there must be something in such a people deserving of respect. If in speaking of them we stigmatize them as barbarians, and threaten them with force because we say they are inaccessible to reason, it must be because we do not understand them; because their ways are not our ways, nor our ways theirs. Now, is not so venerable an empire as that deserving of some sympathy—at least of some justice—at the hands of conservative England?”

Richard Cobden (1804–1865) English manufacturer and Radical and Liberal statesman

Speech http://hansard.millbanksystems.com/commons/1857/feb/26/resolutions-moved-debate-adjourned in the House of Commons (26 February 1857) on China.
1850s

Rick Perry photo
John Ralston Saul photo
Thomas Jefferson photo

“That we are overdone with banking institutions which have banished the precious metals and substituted a more fluctuating and unsafe medium, that these have withdrawn capital from useful improvements and employments to nourish idleness, that the wars of the world have swollen our commerce beyond the wholesome limits of exchanging our own productions for our own wants, and that, for the emolument of a small proportion of our society who prefer these demoralizing pursuits to labors useful to the whole, the peace of the whole is endangered and all our present difficulties produced, are evils more easily to be deplored than remedied.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter to Abbe Salimankis (1810) ME 12:379 The Writings of Thomas Jefferson "Memorial Edition" (20 Vols., 1903-04) edited by Andrew A. Lipscomb and Albert Ellery Bergh, Vol. 12, p. 379; also quoted at "Thomas Jefferson on Politics & Government: Money & Banking" at University of Virginia http://etext.virginia.edu/jefferson/quotations/jeff1325.htm
Posthumous publications, On financial matters

William Cobbett photo

“I have always said, that, without commerce…this island could not possibly continue to be great…but, it is the system of rendering every thing commercial; of making merchants and bankers into Lords; of making a set of fund-dealers the distributors of honours and rewards…it is this system that I reprobate.”

William Cobbett (1763–1835) English pamphleteer, farmer and journalist

Political Register (11 January 1806), quoted in Karl W. Schweizer and John W. Osborne, Cobbett and His Times (Leicester: Leicester University Press, 1990), p. 15.

William Pitt the Younger photo
Robert Hunter (author) photo
Jean-Baptiste Say photo
William Cobbett photo
Edmund Burke photo

“When we speak of the commerce with our [American] colonies, fiction lags after truth, invention is unfruitful, and imagination cold and barren.”

Edmund Burke (1729–1797) Anglo-Irish statesman

Works of Edmund Burke Volume ii, p. 116
Second Speech on Conciliation with America (1775)

Cato the Elder photo
Ulysses S. Grant photo
A. James Gregor photo
Calvin Coolidge photo
Sören Kierkegaard photo
Hugh Macmillan, Baron Macmillan photo
Norman Mailer photo
Boutros Boutros-Ghali photo
Sinclair Lewis photo
Calvin Coolidge photo

“The economic problems of society are important. On the whole, we are meeting them fairly well. They are so personal and so pressing that they never fail to receive constant attention. But they are only a part. We need to put a proper emphasis on the other problems of society. We need to consider what attitude of the public mind it is necessary to cultivate in order that a mixed population like our own may dwell together more harmoniously and the family of nations reach a better state of understanding. You who have been in the service know how absolutely necessary it is in a military organization that the individual subordinate some part of his personality for the general good. That is the one great lesson which results from the training of a soldier. Whoever has been taught that lesson in camp and field is thereafter the better equipped to appreciate that it is equally applicable in other departments of life. It is necessary in the home, in industry and commerce, in scientific and intellectual development. At the foundation of every strong and mature character we find this trait which is best described as being subject to discipline. The essence of it is toleration. It is toleration in the broadest and most inclusive sense, a liberality of mind, which gives to the opinions and judgments of others the same generous consideration that it asks for its own, and which is moved by the spirit of the philosopher who declared that 'To know all is to forgive all.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

It may not be given to infinite beings to attain that ideal, but it is none the less one toward which we should strive.
1920s, Toleration and Liberalism (1925)

Ilana Mercer photo

“If America busies itself not with elective wars, but with commerce, the shift in power and prestige will be away from politicians who prosecute wars, and back to The People who produce prosperity.”

Ilana Mercer South African writer

“Donald, Don’t Let Fox News Roger America… Again,” https://www.lewrockwell.com/2015/09/ilana-mercer/finally-a-just-war/LewRockwell.com, September 25, 2015.
2010s, 2015

Francis Parkman photo
C.K. Prahalad photo
Alexander H. Stephens photo

“Again, the subject of internal improvements, under the power of Congress to regulate commerce, is put at rest under our system. The power, claimed by construction under the old constitution, was at least a doubtful one; it rested solely upon construction. We of the South, generally apart from considerations of constitutional principles, opposed its exercise upon grounds of its inexpediency and injustice. Notwithstanding this opposition, millions of money, from the common treasury had been drawn for such purposes. Our opposition sprang from no hostility to commerce, or to all necessary aids for facilitating it. With us it was simply a question upon whom the burden should fall. In Georgia, for instance, we have done as much for the cause of internal improvements as any other portion of the country, according to population and means. We have stretched out lines of railroads from the seaboard to the mountains; dug down the hills, and filled up the valleys at a cost of not less than $25,000,000. All this was done to open an outlet for our products of the interior, and those to the west of us, to reach the marts of the world. No State was in greater need of such facilities than Georgia, but we did not ask that these works should be made by appropriations out of the common treasury. The cost of the grading, the superstructure, and the equipment of our roads was borne by those who had entered into the enterprise. Nay, more not only the cost of the iron no small item in the aggregate cost was borne in the same way, but we were compelled to pay into the common treasury several millions of dollars for the privilege of importing the iron, after the price was paid for it abroad. What justice was there in taking this money, which our people paid into the common treasury on the importation of our iron, and applying it to the improvement of rivers and harbors elsewhere? The true principle is to subject the commerce of every locality, to whatever burdens may be necessary to facilitate it. If Charleston harbor needs improvement, let the commerce of Charleston bear the burden. If the mouth of the Savannah river has to be cleared out, let the sea-going navigation which is benefited by it, bear the burden. So with the mouths of the Alabama and Mississippi river. Just as the products of the interior, our cotton, wheat, corn, and other articles, have to bear the necessary rates of freight over our railroads to reach the seas. This is again the broad principle of perfect equality and justice, and it is especially set forth and established in our new constitution.”

Alexander H. Stephens (1812–1883) Vice President of the Confederate States (in office from 1861 to 1865)

The Cornerstone Speech (1861)

Amir Taheri photo