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" "The nation behaves well if it treats the natural resources as assets which it must turn over to the next generation increased, and not impaired, in value.
Theodore Roosevelt, Jr. (27 October 1858 – 6 January 1919), also known as T.R. or Teddy, was an American statesman, author, explorer, soldier, naturalist, and reformer who served as the 26th president of the United States from 1901 to 1909. As a leader of the Republican Party during this time, he became a driving force for the Progressive Era in the United States in the early 20th century.
Biography information from Wikiquote
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That is why I decline to recognize the mere
multimillionaire, the man of mere wealth, as an asset of value to any country;
and especially as not an asset to my own country. If he has earned or uses his
wealth in a way that makes him a real benefit, of real use- and such is often the
case- why, then he does become an asset of real worth.