John Moody Quotes


The United States as we know it today is largely the result of mechanical inventions, and in particular of agricultural machinery and the railroad. One transformed millions of acres of uncultivated land into fertile farms, while the other furnished the transportation which carried the crops to distant markets.


Citations

Moody, John. The Railroad Builders: A Chronicle of the Welding of the States. Yale University Press, 1919, p. 1.

Related Quotes

In the early years of our nation, there was not much intellectual property being developed in America. We were an underdeveloped nation, and we took whatever we could get regardless of laws. Alexander Hamilton for example urged obtaining industrial trade secrets and even machines by whatever means was necessary. However in the latter part of the 19th century, Nathaniel Hawthorns, Mark Twain and other creative Americans persuaded the government to join copyright conventions; we had become the victim of intellectual piracy rather than the pirates. Then we became the leading nation in advocating and enforcing intellectual property rights. This coincided with our becomng the leading producer of intellectual property. Intellectual property rights has always been an issue of “whose ox was gored.” The US position is somewhat hypocritical given our early history. However, respect for intellectual property rights, we now argue, in our modern global economy will encourage businesses to not only invest in developing countries but allow their technology and trade secrets to be used in the developing nation.


John Moody
John Moody
  • Born: May 2, 1868
  • Died: February 16, 1958
  • Nationality: American
  • Profession: Financial Analyst, Businessman, Investor

John Moody was an American financial analyst, businessman and investor. He pioneered the rating of bonds and founded Moody's Investors Service. Moody's Manuals are still issued, carrying on the tradition begun by Moody's Manual of Railroads and Corporation Securities and continued by the annual Moody's Analyses of Investments.