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I've given some money to the scholarships in the District of Columbia, to the best students in D.C... many of the students have written me letters telling me they could not have afforded to go to college without the scholarship and money I've given them. ”
I suspect that many corporations have begun to understand that they have an important role to play in the lives of their communities, and that allocating funds to support local groups helps them discharge that function and also burnish their image. ”
Money can add very much to one's ability to lead a constructive life, not only pleasant for oneself, but, hopefully, beneficial to others. My grandfather, along with Carnegie, was a pioneer in philanthropy, which my father then practiced on a very large scale. The Christian ethic played an essential part in my upbringing. ”
Money can add very much to one's ability to lead a constructive life, not only pleasant for oneself, but, hopefully, beneficial to others. ”
Keep working and saving and striving for a better future for your children, and for their children, even if you won't be around to see it pay off. ”
The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined. ”
If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry; these can by no means be so surely obtained as by a fall in the price of corn. ”
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them. ”
Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal. ”
After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated. ”