James Madison Quote

"I own myself the friend to a very free system of commerce, and hold it as a truth,
that commercial shackles are generally unjust, oppressive and impolitic -- it is also a
truth, that if industry and labour are left to take their own course, they will generally
be directed to those objects which are the most productive, and this in a more certain
and direct manner than the wisdom of the most enlightened legislature could point
out."

By:	James Madison (more quotes by James Madison or books by/about James Madison)
	(1751-1836), Father of the Constitution for the USA, 4th US President
Source:	speech to the Congress, April 9, 1789
Categories:	Commerce, Regulation, Free Market, Labor
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