Property rights safeguarded. - Under no other government are
property rights of the individual so provided with safeguards'
for their full protection. Property is at the base of civilization.
Without incentive of right to its private possession and full
protection against confiscation no progress would be made in
material betterment.
Economic liberty, the power of initiative, and the protection
of property rights have developed a philosophy of life peculiar
to America - the "dignity of work." Every American
is expected to be a worker.
Based upon the constitutional assurance of the security of property,
finance and labor have joined in the creation of industry, making
America the richest nation in the world. Her wealth has been
distributed to the enrichment of her entire population. |