"It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up"
About this Quote
The subtext is a defense of rising land values as natural, even socially helpful. Appreciation reads as a reward mechanism that encourages settlement and development, as if the market is quietly administering justice. That framing matters in the late-19th-century American context, when the frontier was being mythologized, railroads and town-making were reordering property markets, and critics (notably Henry George) were arguing that unearned increments in land value should be taxed back to the public. Sumner answers that challenge without naming it: don’t call it rent-seeking; call it nation-building.
Notice what’s missing. “Pioneer” is treated as a neutral actor with clean title and empty terrain. Indigenous displacement, federal land policy, and the infrastructural subsidies that often drive “increasing value” are edited out. The state “grows up” like an organism, not a political project with winners and losers. In that selective light, private profit appears as an almost wholesome byproduct of progress - an argument designed to make inequality look like destiny, and land appreciation look like gratitude.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Sumner, William Graham. (2026, January 16). It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up. FixQuotes. https://fixquotes.com/quotes/it-is-a-beneficent-incident-of-the-ownership-of-100089/
Chicago Style
Sumner, William Graham. "It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/it-is-a-beneficent-incident-of-the-ownership-of-100089/.
MLA Style (9th ed.)
"It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/it-is-a-beneficent-incident-of-the-ownership-of-100089/. Accessed 5 Feb. 2026.




