Coincident with the right of individual liberty under the provisions of our Government is the right of individual property. The position which the individual holds in the conception of American institutions is higher than that ever before attained anywhere else on earth. It is acknowledged and proclaimed that he has sovereign powers. It is declared that he is endowed with inalienable rights which no majority, however great, and no power of the Government, however broad, can ever be justified in violating. 'The principle of equality is recognized. It follows inevitably from belief in the brotherhood of man through the fatherhood of God. When once the right of the individual to liberty and equality is admitted, there is no escape from the conclusion that he alone is entitled to the rewards of his own industry. Any other conclusion would necessarily imply either privilege or servitude. Here again the right of individual property is for the protection of society.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Coincident with the right of individual liberty under the provisions of our Government is the right of individual property. The position which the individual holds in the conception of American institutions is higher than that ever before attained anywhere else on earth. It is acknowledged and proclaimed that he has sovereign powers. It is declared that he is endowed with inalienable rights which no majority, however great, and no power of the Government, however broad, can ever be justified in violating. 'The principle of equality is recognized. It follows inevitably from belief in the brotherhood of man through the fatherhood of God. When once the right of the individual to liberty and equality is admitted, there is no escape from the conclusion that he alone is entitled to the rewards of his own industry. Any other conclusion would necessarily imply either privilege or servitude. Here again the right of individual property is for the protection of society." in the context of "" to mean that wisdom is timeless.